Japanese advertising and PR company Dentsu's first quarter 2018 was its third consecutive quarter of organic growth despite a 13% fall in operating profits caused by working environment changes. They were forced on the company after an employee committed suicide in 2015 after working excessive overtime. The company's stock has fallen more than 20% since then. The benefits from those new business efforts are expected to further impact performance throughout 2018. The company also held on to Microsoft's media buying and planning business, and won the global account for Gore-Tex. During the quarter Dentsu bought Miami agency M8 and San Francisco branding firm Character.
Japanese advertising and PR company Dentsu's first quarter 2018 was its third consecutive quarter of organic growth despite a 13% fall in operating profits caused by working environment changes. They were forced on the company after an employee committed suicide in 2015 after working excessive overtime. The company's stock has fallen more than 20% since then. The company also held on to Microsoft's media buying and planning business, and won the global account for Gore-Tex. During the quarter Dentsu bought Miami agency M8 and San Francisco branding firm Character.