DyDo Group Holdings Raises FY2027 Profit Forecast on Strong Turkey Operations

DyDo Group Holdings Raises FY2027 Profit Forecast on Strong Turkey Operations

DyDo Group Holdings, Inc. (TSE:2590) has revised upward its earnings guidance for the fiscal year ending January 2027, driven by robust performance in its overseas beverage business and improved domestic operations.

The company raised operating profit by JPY 1.8bn to JPY 12.3bn, while net profit climbed JPY 1.0bn to JPY 6.0bn. Earnings per share increased to JPY 189.25 from JPY 157.73. Revenue was marginally reduced by JPY 0.5bn to JPY 246.3bn.

Management attributed the upward revision to strong second-quarter performance in its overseas beverage segment, particularly Turkey operations, which achieved record-high sales and segment profit for the fourth consecutive year. Domestic beverage operations benefited from reduced depreciation expenses following prior-year asset write-downs and ongoing revenue improvement initiatives. However, the company flagged emerging cost pressures from geopolitical tensions affecting raw material prices in the second half of the fiscal year. Additionally, DyDo plans to increase marketing investments in Turkey to support long-term brand strengthening. The company raised its Turkey inflation forecast to 28.6% from an initial 21% assumption, incorporating hyperinflation accounting adjustments.

The revision signals successful execution of the domestic turnaround strategy while demonstrating management’s commitment to growth investments in high-potential markets despite near-term cost headwinds. The modest revenue decline reflects a deliberate trade-off between profitability and strategic expansion, particularly in emerging markets where inflationary pressures remain elevated.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.