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dentsu group NEWS RELEASE DENTSU GROUP INC . Group Corporate Communications Office 1-8-1 , Higashi - shimbashi , Minato - ku , Tokyo 105-7050 , Japan https://www.group.dentsu.com/en/ FOR IMMEDIATE RELEASE November 12 , 2021 Dentsu Group Inc. Q3 FY2021 Consolidated Financial Results ( The third quarter ending September 30 , 2021 - reported on an IFRS basis ) The third quarter results show a recovery across the Group , with organic growth at 27.8 % and underlying operating margin +1,160 bp yoy . Dentsu Japan Network saw an exceptionally strong quarter , + 49.7 % organic growth , exceeding expectations following a recovery across all advertising mediums , with particular strength in television and digital solutions . Dentsu International reported double digit organic growth , + 13.4 % , strengthened by the continued recovery in Media + 17.3 % as clients recognize the importance of brand investment to drive growth . CXM also saw double digit organic growth , 11.2 % . Strength in the structural growth areas of commerce and experience continued , with demand strong for technology implementation , data services and activation , through creative and media . Operating margin was substantially ahead of the prior year , showing the gearing effect of higher revenue together with the impact of continued cost reductions . The Group today raises FY2021 guidance for Group organic growth to 12.0 % , with Group margins raised to 18.0 % ( +320 bp , yoy ) from 16.4 % previously . Fourth quarter margins are expected to be lower yoy due to phasing of investments , despite this , FY2021 underlying operating profit is expected to be over 40 % higher yoy . FY2021 annual dividend per share guidance is raised to JPY 113.5 , a record high . The Group remains well positioned to benefit from the structural growth in Customer Transformation & Technology in 2022 and beyond . Dentsu Group Inc. today announces a number of management changes , including Hiroshi Igarashi's appointment as Representative Director , President and CEO , Dentsu Group Inc. and Norihiro Kuretani as President and CEO , Dentsu Japan Network , with a number of changes to the Board to lead Dentsu Group to the next stage of growth . The changes will support the Group in achieving the goals of the medium - term management plan ending in FY 2024 and driving continued sustainable growth in the years ahead . Q3 ( July to Sep ) FY2021 Financial Results Summary * See page 10 for definitions YoY chg , % Consolidated Group ( million yen ) Revenue Revenue less cost of sales * Underlying results * Q3 FY2021 281,834 Q3 FY2020 217,280 +29.7 255,826 193,059 +32.5 • operating profit 60,214 23,076 +160.9 • operating margin 23.5 % 12.0 % +1,160 bp net profit ( attributable to owners of the parent ) 36,751 11,064 +232.2 Statutory results • operating profit ( loss ) 127,496 ( 10,241 ) • net profit ( loss ) ( attributable to 65,641 owners of the parent ) ( 5,508 ) 1