Selected DY&R advertising
One of the longest-lasting Japanese-American advertising joint ventures, Dentsu Young & Rubicam's wider Asian network - which at one point extended to 23 offices in 13 countries - was largely dismantled in 2004. The last remaining office of DY&R was in Tokyo. Although it continued to represent Young & Rubicam's interests and global clients in Japan, the business is actually 67% controlled by Dentsu. Nobuaki Kuroshima is CEO. The partnership was finally dissolved in 2018, with Dentsu surrendering its remaining shares in various other co-owned businesses in Asia and taking back full control of DY&R Tokyo, which is rebranding as Denntsu e3. DY&R was actually one of Dentsu's first attempts to establish a wider global presence. It gave Young & Rubicam, then independent, a major presence in the Asia Pacific region while Dentsu, more or less isolated in Japan, gained a more secure bridge into international markets. At the same time, a New York outpost, The Lord Group, was formed from the merger of Y&R-backed Lord Einstein O'Neill with Dentsu's HDM. The subsequent acquisition of Y&R by WPP inevitably raised questions over the longterm future of DY&R. Dentsu had by then already begun to compete with the DY&R network in other Asian markets. As a result, the two partners in DY&R altered the ownership structure in 1999. Y&R acquired management control and a 65% stake in all Asian agencies outside Japan, while Dentsu took a majority stake in the Japan-based ventures. The Lord Group in New York was sold. WPP's acquisition in 2003 of the Bates network, also strong in Asia, prompted a further unwinding. In 2004, the DY&R agencies outside Japan, already majority-controlled by oung & Rubicam, rebranded as Y&R and were effectively absorbed into that agency's main global network. Adbrands doesn't profile this company but subscribers may access account assignments and contact information. The searchable account assignments database is available to full subscribers to Adbrands.net premium services. Click here to access Adbrands account assignments (subscribers only); or see here for information on how to subscribe.
Which clients does DY&R handle? Find out more from the Account Assignments database
Who are the competitors of DY&R? See Leading Agencies in Japan
Capsule checked 28th March 2018
Recent stories from Adbrands Weekly Update:
Adbrands Weekly Update 3rd May 2018: WPP took the final steps to end a long-established partnership between Y&R and Dentsu in Asia. It bought out the Japanese group's shares in several Y&R and Wunderman units in South East Asia, as well as in healthcare agency Dentsu Sudler & Hennessey in Japan. In return, WPP surrendered its own shares in Dentsu Y&R and Wunderman Dentsu in Tokyo. Now wholly owned by Dentsu, they are rebranding as Dentsu e3 and Dentsu Direct Solutions respectively.
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