Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An announcement from DyDo Group Holdings, Inc. ( (JP:2590) ) is now available.
DyDo Group Holdings expects to book a ¥29.8 billion impairment loss on vending machines and related assets after its core Domestic Beverage Business slipped into operating loss, hit by rising raw material costs and consumers’ focus on saving. The company is restructuring its vending machine network and expanding value-priced offerings, while details of further profitability measures will be disclosed with full-year results in March.
On a consolidated basis, DyDo cut its FY2025 net sales forecast slightly but sharply upgraded operating and ordinary profit guidance, supported by stronger-than-expected performance in its International Beverage Business, especially Turkey. Nevertheless, profit attributable to owners of parent is now projected to swing to a ¥30.7 billion loss, driven primarily by the impairment charge, although related non-consolidated losses on its DyDo DRINCO subsidiary will be eliminated at the group level.
The most recent analyst rating on (JP:2590) stock is a Hold with a Yen2525.00 price target. To see the full list of analyst forecasts on DyDo Group Holdings, Inc. stock, see the JP:2590 Stock Forecast page.
More about DyDo Group Holdings, Inc.
DyDo Group Holdings, Inc. is a Japan-based beverage company whose core business is the Domestic Beverage Business, centered on vending machine sales. The group also operates an International Beverage Business, with the Turkish Beverage Business currently a key growth driver that is helping offset weakness in its home market.
Average Trading Volume: 109,622
Technical Sentiment Signal: Hold
Current Market Cap: Yen82.1B
Find detailed analytics on 2590 stock on TipRanks’ Stock Analysis page.