Dydo Group Holdings projects sales increase despite sharp profit decline

Dydo Group Holdings Inc. announced its consolidated financial results for the second quarter of the fiscal year ending January 2026, projecting a 2.6% increase in full-year sales to 243,400 million yen, while anticipating a 62.4% decrease in operating profit to 1,800 million yen. Net income attributable to shareholders is expected to be a loss of 3,000 million yen, a 215.50% decline from the previous year. This forecast incorporates adjustments for hyperinflationary accounting in Turkey, which adds 3,200 million yen to sales and reduces operating profit by 1,500 million yen.

The company's second-quarter performance showed sales of 117,701 million yen, a 0.1% increase, but operating profit decreased by 39.5% to 1,381 million yen. The domestic beverage business saw a decline in sales and profit due to consumer saving trends and rising costs, offset by strong performance in the overseas beverage business, particularly in Turkey and Poland. Strategic price revisions and active sales promotions in Turkey contributed to significant revenue growth.

Dydo Group Holdings aims to achieve re-growth in its domestic beverage business by focusing on profitability in vending machine operations and expanding its "Heart Price" product series. The Polish beverage business is also expanding with new production lines. The company also disclosed that it completed the integration of its directly managed sales business in May 2025, consolidating four sales offices into the Yokohama BAY Sales Office to enhance operational efficiency and reduce personnel.