DyDo Group Holdings reported operating profit of ¥6.74 billion for the second quarter of the fiscal year ending January 2027, up 388%, and substantially raised its full-year forecast. The overseas Turkey business drove growth, while the domestic business returned to profitability.
For the second quarter of the fiscal year ending January 2027, net sales rose 2.0% year on year to ¥120.057 billion, operating profit increased 388.2% to ¥6.744 billion, and interim net profit attributable to owners of the parent was ¥2.8 billion. The overseas beverage business secured a substantial increase in profit and posted record-high earnings, led by Turkey. The domestic beverage business returned to profitability as depreciation declined following a reduction in impairment losses and initiatives to improve earnings progressed.
By segment, net sales in the overseas beverage business were approximately ¥36 billion and profit was approximately ¥5.2 billion, both representing substantial increases. The domestic beverage business, meanwhile, recorded net sales of ¥67.6 billion, down year on year, but its segment profit returned to positive territory. Although the pharmaceuticals-related and food businesses continued to trend toward lower profit, they supported the overall increase in operating profit. In Turkey, expanded carbonated beverage sales and strategic price revisions contributed to results, while sales initiatives adapted to inflation and exchange-rate fluctuations also progressed. Improvements in vending-machine operations and the promotion of a co-creation SPA model further contributed to improved profitability in the domestic business.
In its full-year forecast revision, the company raised its projections for net sales to ¥246.3 billion, operating profit to ¥12.3 billion, ordinary profit to ¥9.4 billion, and net profit attributable to owners of the parent to ¥6 billion. While domestic beverage sales were revised downward, profit was revised upward, and the company expects the business overall to return to profitability. Initiatives focused on profitability, including a review of unprofitable vending machines in Japan and the containment of labor costs through smart operations, are expected to continue. The company also outlined measures to manage the risks associated with its overseas dependence and a medium- to long-term growth strategy.