DyDo Group Holdings, Inc. announced an upward revision to its consolidated net income forecast for the fiscal year ending January 2027, raising it to a profit of ¥6 billion. The shares surged sharply in response, rising significantly from the previous day to trade near their high.
DyDo raised its forecast for consolidated net income for the fiscal year ending January 2027 to a profit of ¥6 billion. The previous forecast was for a profit of ¥5 billion.
In trading that day, DyDo shares rose ¥540 from the previous day to ¥3,550, approaching their all-time high of ¥3,600 since listing.
As expectations grew that the overseas beverage business and other operations would contribute, the upward revision to the earnings forecast prompted investors to buy the shares.
While the market’s assessment has improved as the company is now expected to return to profitability for the current fiscal year, reports also indicate that challenges including the overseas vending machine business continue to be flagged.