Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
DyDo GROUP posts significant swing to operating profit in Q1
DyDo GROUP HOLDINGS, INC. <2590> announced its first-quarter (January 21?April 20) consolidated financial results after the close, reporting a 4.3% year-on-year increase in sales to 55.239 billion yen. Operating profit swung to 1.556 billion yen from a loss of 1.445 billion yen a year earlier, while net profit came in at 110 million yen, recovering from a 2.845 billion yen net loss in the same period last year.
While domestic beverage revenue fell due to a widening price gap between vending machines?the company's core channel?and other retail outlets, overall performance was driven by strong growth in overseas operations, notably in Turkey and Poland. Profits were also lifted by lower depreciation expenses following impairment losses recognized in the previous fiscal year, alongside structural improvements such as removing unprofitable vending machines.
The company maintained its full-year guidance for the fiscal year ending January 2027, forecasting sales of 246.8 billion yen (up 2.3%), operating profit of 10.5 billion yen (2.5 times the previous year's level), and a net profit of 5 billion yen, rebounding from a 30.322 billion yen net loss the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
ispace to provide payload service to JALUX with contract worth $1 million
TESEC Corporation announces share buyback of up to 150,000 shares
Shanghai Composite Index closes at 4,145.3730 on the 26th, down 7.1955 points
Seibu Giken Chinese subsidiary wins major order for shipbuilding painting facility
South Korean KOSPI closes at 8,047.51 on the 26th, up 199.80 points
Microwave Chemical succeeds in iron ore reduction at bench scale, seeks partners for commercialization
Foreign exchange summary: Dollar trades near 159 yen as optimism over Middle East situation fades, prompting dollar buying
Active stocks on the 26th (closing) - Starzen, RIKEI, MTG and others
Nikkei 225 close on the 26th = falling for the first time in 4 days, 162 yen lower to 64,996 yen
Oki Electric Industry surges on successful demonstration of broadband bidirectional transmission via hollow-core optical fiber