The latest announcement is out from Hakuhodo Dy Holdings ( (JP:2433) ).
Hakuhodo DY Holdings reported smooth progress in its full-year plan despite facing challenges such as declining profitability in BPO projects and the Fuji TV scandal. The company is adapting by shifting marketing activities to other media and focusing on cost controls. Internationally, the company is experiencing growth in Asia, particularly in India, Vietnam, the Philippines, and Thailand, while facing difficulties in China and North America. The company is investing in technology and AI to improve operational efficiency, and is managing personnel expenses through restructuring and controlled incentives. The collaboration with NTT Data is focused on the commerce business domain, and the company is advancing its digitalization efforts to maintain its competitive advantage in the advertising market.
More about Hakuhodo Dy Holdings
Hakuhodo DY Holdings operates in the advertising industry, providing marketing and communication services. The company focuses on various media channels including TV and internet advertising, and has a strong presence in both domestic and international markets.
YTD Price Performance: -4.77%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.63B
For a thorough assessment of 2433 stock, go to TipRanks’ Stock Analysis page.