Declared Dividend • Jun 01
Dividend of JP¥15.00 announced Dividend of JP¥15.00 is the same as last year. Ex-date: 16th July 2026 Payment date: 24th September 2026 Dividend yield will be 1.2%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Reported Earnings • May 27
First quarter 2027 earnings released: EPS: JP¥3.47 (vs JP¥90.01 loss in 1Q 2026) First quarter 2027 results: EPS: JP¥3.47 (up from JP¥90.01 loss in 1Q 2026). Revenue: JP¥55.2b (up 4.3% from 1Q 2026). Net income: JP¥110.0m (up JP¥2.96b from 1Q 2026). Profit margin: 0.2% (up from net loss in 1Q 2026). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Food industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 05
Full year 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2026 results: JP¥958 loss per share (down from JP¥121 profit in FY 2025). Revenue: JP¥241.2b (up 1.7% from FY 2025). Net loss: JP¥30.3b (down JP¥34.1b from profit in FY 2025). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Food industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 05
DyDo Group Holdings, Inc., Annual General Meeting, Apr 15, 2026 DyDo Group Holdings, Inc., Annual General Meeting, Apr 15, 2026. Announcement • Feb 16
DyDo Group Holdings, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending January 20, 2026 DyDo Group Holdings, Inc. revised consolidated earnings guidance for the fiscal year ending January 20, 2026. For the year, the company expected net sales of JPY 241,200 million; Operating Profit of JPY 4,100 million; Loss Attributable to Owners of Parent of JPY 30,700 million; loss Per Share of JPY 970.00 as compared to previous guidance of net sales of JPY 243,400 million; Operating Profit of JPY 1,800 million; Loss Attributable to Owners of Parent of JPY 3,000 million; loss Per Share of JPY 94.84. Reasons for Revisions: In the Domestic Beverage Business, profitability has continued to come under pressure as various costs, including raw material prices, have risen and consumers remain strongly focused on saving. In contrast, the International Beverage Business, driven mainly by the strong performance of the Turkish Beverage Business, has exceeded expectations. This outperformance has more than offset the decline in the Domestic Beverage Business and has pushed consolidated operating profit and ordinary profit above the initial forecast. However, profit attributable to owners of parent has been revised downward from the initial forecast, reflecting the recognition of the impairment loss described above as an extraordinary loss. Upcoming Dividend • Jan 13
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 19 January 2026. Payment date: 16 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (2.1%). Declared Dividend • Sep 23
First half dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 19th January 2026 Payment date: 16th April 2026 Dividend yield will be 1.2%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. Reported Earnings • Aug 28
Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2026 results: EPS: JP¥46.91 (down from JP¥55.81 in 2Q 2025). Revenue: JP¥64.7b (flat on 2Q 2025). Net income: JP¥1.48b (down 16% from 2Q 2025). Profit margin: 2.3% (down from 2.7% in 2Q 2025). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
First quarter 2026 earnings released: JP¥90.01 loss per share (vs JP¥99.90 profit in 1Q 2025) First quarter 2026 results: JP¥90.01 loss per share (down from JP¥99.90 profit in 1Q 2025). Revenue: JP¥53.0b (flat on 1Q 2025). Net loss: JP¥2.85b (down 190% from profit in 1Q 2025). Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 31
Price target decreased by 34% to JP¥2,100 Down from JP¥3,200, the current price target is provided by 1 analyst. New target price is 22% below last closing price of JP¥2,681. Stock is up 5.1% over the past year. The company is forecast to post earnings per share of JP¥56.96 for next year compared to JP¥121 last year. New Risk • May 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 14% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Declared Dividend • May 08
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 17th July 2025 Payment date: 24th September 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 25%. Cash payout ratio: Approximately 37x free cash flows. Reported Earnings • Mar 06
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥121 (down from JP¥141 in FY 2024). Revenue: JP¥237.2b (up 11% from FY 2024). Net income: JP¥3.80b (down 14% from FY 2024). Profit margin: 1.6% (down from 2.1% in FY 2024). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 26%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Mar 06
DyDo Group Holdings, Inc. Proposes Year-End Commemorative Dividend, Effective April 16, 2025 DyDo Group Holdings, Inc.'s main subsidiary, DyDo DRINCO, Inc., celebrated its 50th anniversary on January 27, 2025. Company have decided to distribute year-end a commemorative dividend of ¥10.00 per share with a record date of January 20, 2025. As a result, the year-end dividend will be ¥25.00 per share, and the annual dividend per share, including the interim dividend of ¥15.00, is expected to be ¥40.00. Effective Date: April 16, 2025. Source of Dividend: Retained earnings. This resolution will be submitted for approval at the 50th Annual General Meeting of Shareholders scheduled for April 15, 2025. Announcement • Mar 04
DyDo Group Holdings, Inc., Annual General Meeting, Apr 15, 2025 DyDo Group Holdings, Inc., Annual General Meeting, Apr 15, 2025. Upcoming Dividend • Jan 10
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 17 January 2025. Payment date: 17 April 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥3,545, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 16x in the Food industry in Japan. Total returns to shareholders of 45% over the past three years. Reported Earnings • Nov 30
Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2025 results: EPS: JP¥74.56 (up from JP¥58.39 in 3Q 2024). Revenue: JP¥62.6b (down 1.5% from 3Q 2024). Net income: JP¥2.35b (up 28% from 3Q 2024). Profit margin: 3.8% (up from 2.9% in 3Q 2024). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 13%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Nov 28
Consensus EPS estimates increase by 65% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥237.1b to JP¥245.2b. EPS estimate increased from JP¥98.46 to JP¥162 per share. Net income forecast to shrink 38% next year vs 7.7% growth forecast for Food industry in Japan . Consensus price target up from JP¥3,000 to JP¥3,200. Share price rose 13% to JP¥3,330 over the past week. Declared Dividend • Nov 08
First half dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 17th January 2025 Payment date: 17th April 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 14%. Cash payout ratio: 28%. Reported Earnings • Aug 30
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: JP¥55.81 (down from JP¥84.02 in 2Q 2024). Revenue: JP¥64.4b (up 18% from 2Q 2024). Net income: JP¥1.76b (down 33% from 2Q 2024). Profit margin: 2.7% (down from 4.8% in 2Q 2024). Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to stay flat during the next 3 years compared to a 3.5% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. New Risk • Jul 20
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 29% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 29% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Upcoming Dividend • Jul 11
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 18 July 2024. Payment date: 24 September 2024. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (2.4%). Reported Earnings • May 29
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: JP¥99.90 (up from JP¥9.43 loss in 1Q 2024). Revenue: JP¥53.2b (up 13% from 1Q 2024). Net income: JP¥3.15b (up JP¥3.44b from 1Q 2024). Profit margin: 5.9% (up from net loss in 1Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • May 28
DyDo Group Holdings, Inc. Provides Dividend Guidance for the End of Second Quarter and Fiscal Year Ending January 20, 2025 DyDo Group Holdings, Inc. provides dividend guidance for the end of second quarter and fiscal year ending January 20, 2025. For the end of second quarter, the company expects to pay a dividend of JPY 15.00 per share against JPY 30.00 paid a year ago. For the year ending January 20, 2025, the company expects to pay a dividend of JPY 15.00 per share against JPY 30.00 paid a year ago. Declared Dividend • May 25
Final dividend of JP¥15.00 announced Shareholders will receive a dividend of JP¥15.00. Ex-date: 18th July 2024 Payment date: 24th September 2024 Dividend yield will be 1.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has not increased over the past 10 years but has been stable with no material reductions to payments, indicating a long track record of dividend stability. EPS is expected to decline by 19% over the next 3 years. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range. Board Change • Apr 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Junko Kawano was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 16
DyDo Group Holdings, Inc. Announces Committee Changes DyDo Group Holdings, Inc. established the Nominating and Compensation Committee to strengthen the independence, objectivity, and accountability with which the Board carries out its functions. The Board of Directors appointed member and selected chairperson of the Nominating and Compensation Committee as follows at the meeting April 16, 2024. Newly appointed member of the Committee: Mina Ito, Outside Director. Newly selected chairperson of the Committee: Junko Kawano, Outside Director. Composition of the Committee after the change: Junko Kawano, Chairperson - Outside Director. Masataka Inoue, Member - Outside Director. Michiaki Kurihara, Member - Outside Director. Mina Ito, Member - Outside Director. Tomiya Takamatsu, Member - President and Representative Director. Major Estimate Revision • Mar 20
Consensus revenue estimates increase by 14% The consensus outlook for revenues in fiscal year 2025 has improved. 2025 revenue forecast increased from JP¥207.4b to JP¥237.1b. EPS estimate increased from JP¥69.47 to JP¥98.46 per share. Net income forecast to shrink 29% next year vs 3.3% growth forecast for Food industry in Japan . Consensus price target of JP¥3,000 unchanged from last update. Share price was steady at JP¥2,789 over the past week. Reported Earnings • Mar 03
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥282 (up from JP¥16.18 loss in FY 2023). Revenue: JP¥213.4b (up 33% from FY 2023). Net income: JP¥4.42b (up JP¥4.93b from FY 2023). Profit margin: 2.1% (up from net loss in FY 2023). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates significantly. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Food industry in Japan are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Announcement • Mar 03
DyDo Group Holdings, Inc., Annual General Meeting, Apr 16, 2024 DyDo Group Holdings, Inc., Annual General Meeting, Apr 16, 2024. Announcement • Mar 01
DyDo Group Holdings, Inc. (TSE:2590) completed the acquisition of WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. DyDo Group Holdings, Inc. (TSE:2590) signed an agreement to acquire WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. for PLN 197.58 million on December 21, 2023.The closing is expected on February 29, 2024.The performance of Wosana S.A. will be included in the Group's consolidated results from the year ending 20 January 2025. The impact of the acquisition for the performance is under scrutiny. Krzysztof Pawlak of Schoenherr Cvak Sp.k. acted as legal advisor to Avallon Sp. z o.o.
DyDo Group Holdings, Inc. (TSE:2590) completed the acquisition of WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. on February 29, 2024. Upcoming Dividend • Jan 11
Upcoming dividend of JP¥30.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 18 January 2024. Payment date: 17 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.7%). Announcement • Dec 31
DyDo Group Holdings, Inc. to Report Q3, 2025 Results on Nov 26, 2024 DyDo Group Holdings, Inc. announced that they will report Q3, 2025 results on Nov 26, 2024 Announcement • Dec 21
DyDo Group Holdings, Inc. (TSE:2590) signed an agreement to acquire WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. for PLN 197.58 million. DyDo Group Holdings, Inc. (TSE:2590) signed an agreement to acquire WOSANA S.A. from Avallon MBO II managed by Avallon Sp. z o.o. for PLN 197.58 million on December 21, 2023.The closing is expected on February 29, 2024.The performance of Wosana S.A. will be included in the Group's consolidated results from the year ending 20 January 2025. The impact of the acquisition for the performance is under scrutiny. Reported Earnings • Nov 29
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: JP¥117 (up from JP¥102 in 3Q 2023). Revenue: JP¥63.5b (up 42% from 3Q 2023). Net income: JP¥1.84b (up 14% from 3Q 2023). Profit margin: 2.9% (down from 3.6% in 3Q 2023). Revenue exceeded analyst estimates by 9.5%. Earnings per share (EPS) also surpassed analyst estimates by 88%. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Sep 19
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: JP¥168 (vs JP¥0.77 loss in 2Q 2023) Second quarter 2024 results: EPS: JP¥168 (up from JP¥0.77 loss in 2Q 2023). Revenue: JP¥54.6b (up 22% from 2Q 2023). Net income: JP¥2.64b (up JP¥2.65b from 2Q 2023). Profit margin: 4.8% (up from 0% in 2Q 2023). Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Aug 29
DyDo Group Holdings, Inc. Announces Dividend for the Second Quarter Ended July 2023, Payable on September 21, 2023; Provides Dividend Guidance for the Full Year Ending January 2024 DyDo Group Holdings, Inc. announced dividend for the second quarter ended July 2023 and provided dividend guidance for the full year ending January 2024. For the quarter, the company announced dividend of JPY 30.00 per share compared to JPY 30.00 per share paid a year ago. Dividend payable date is September 21, 2023.For the year, the company expects to pay dividend of JPY 30.00 per share compared to JPY 30.00 per share paid a year ago. Major Estimate Revision • Aug 29
Consensus EPS estimates fall by 38% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥140 to JP¥86.35. Revenue forecast unchanged from JP¥211.8b at last update. Net income forecast to grow 2,925% next year vs 3.9% growth forecast for Food industry in Japan. Consensus price target of JP¥4,700 unchanged from last update. Share price rose 7.3% to JP¥5,900 over the past week. Announcement • Aug 28
DyDo Group Holdings, Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending January 20, 2024 DyDo Group Holdings, Inc. provided consolidated earnings guidance for the fiscal year ending January 20, 2024. For the year, the company expects net sales of JPY 210,000 million, operating profit of JPY 2,100 million, profit attributable to owners of parent of JPY 400 million and earnings per share of JPY 25.47. Buying Opportunity • Jul 25
Now 20% undervalued Over the last 90 days, the stock is up 1.6%. The fair value is estimated to be JP¥6,414, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 38%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 31% per annum over the same time period. Upcoming Dividend • Jul 12
Upcoming dividend of JP¥30.00 per share at 1.2% yield Eligible shareholders must have bought the stock before 19 July 2023. Payment date: 21 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.7%). Reported Earnings • May 30
First quarter 2024 earnings released: JP¥18.86 loss per share (vs JP¥54.74 loss in 1Q 2023) First quarter 2024 results: JP¥18.86 loss per share (improved from JP¥54.74 loss in 1Q 2023). Revenue: JP¥47.1b (up 35% from 1Q 2023). Net loss: JP¥296.0m (loss narrowed 66% from 1Q 2023). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Price Target Changed • Mar 17
Price target increased by 12% to JP¥4,700 Up from JP¥4,200, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥4,810. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of JP¥86.35 next year compared to a net loss per share of JP¥32.36 last year. Reported Earnings • Mar 04
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: JP¥32.36 loss per share (down from JP¥254 profit in FY 2022). Revenue: JP¥160.1b (down 1.5% from FY 2022). Net loss: JP¥507.0m (down 113% from profit in FY 2022). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) exceeded analyst estimates by 7.7%. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Upcoming Dividend • Jan 12
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 19 January 2023. Payment date: 18 April 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.3%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.8%). Reported Earnings • Nov 30
Third quarter 2023 earnings released: EPS: JP¥102 (vs JP¥137 in 3Q 2022) Third quarter 2023 results: EPS: JP¥102 (down from JP¥137 in 3Q 2022). Revenue: JP¥44.9b (flat on 3Q 2022). Net income: JP¥1.61b (down 25% from 3Q 2022). Profit margin: 3.6% (down from 4.8% in 3Q 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Major Estimate Revision • Sep 05
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 revenue forecast increased from JP¥159.2b to JP¥169.1b. Now expected to report loss of -JP¥31.94 instead of JP¥131 per share profit. Food industry in Japan expected to see average net income decline 5.6% next year. Consensus price target down from JP¥4,400 to JP¥4,200. Share price was steady at JP¥4,665 over the past week. Reported Earnings • Aug 28
Second quarter 2023 earnings released: JP¥0.77 loss per share (vs JP¥98.67 profit in 2Q 2022) Second quarter 2023 results: JP¥0.77 loss per share (down from JP¥98.67 profit in 2Q 2022). Revenue: JP¥45.0b (up 2.8% from 2Q 2022). Net loss: JP¥12.0m (down 101% from profit in 2Q 2022). Profit margin: 0% (down from 3.5% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 6.9% growth forecast for the Food industry in Japan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year. Announcement • Aug 26
DyDo Group Holdings, Inc. Provides Updated Consolidated Earnings Guidance for the Fiscal Year Ending January, 2023 DyDo Group Holdings, Inc. provided Updated consolidated earnings guidance for the fiscal year ending January, 2023. For the period, the company expects net sales to be JPY 165,500 million, operating profit to be JPY 700 million and Loss attributable to owners of parent to be JPY 600 million or basic loss per share to be JPY 38.31. Upcoming Dividend • Jul 12
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 19 July 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.7%). Major Estimate Revision • Jun 18
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate fell from JP¥179 to JP¥131 per share. Revenue forecast steady at JP¥159.2b. Net income forecast to shrink 26% next year vs 6.1% decline forecast for Food industry in Japan. Consensus price target down from JP¥5,000 to JP¥4,400. Share price was steady at JP¥4,950 over the past week. Reported Earnings • May 31
First quarter 2023 earnings: EPS and revenues exceed analyst expectations First quarter 2023 results: JP¥54.74 loss per share (down from JP¥14.66 profit in 1Q 2022). Revenue: JP¥34.8b (down 3.7% from 1Q 2022). Net loss: JP¥857.0m (down 474% from profit in 1Q 2022). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 4.8% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 27
Consensus forecasts updated The consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥179 to JP¥231. Revenue forecast unchanged at JP¥161.6b. Net income forecast to shrink 9.4% next year vs 2.3% decline forecast for Food industry in Japan. Consensus price target of JP¥5,000 unchanged from last update. Share price fell 6.1% to JP¥4,750 over the past week. Announcement • May 25
DyDo Group Holdings, Inc. to Report June,2022 Results on Jun 27, 2022 DyDo Group Holdings, Inc. announced that they will report June, 2022 results on Jun 27, 2022 Price Target Changed • Apr 27
Price target decreased to JP¥5,000 Down from JP¥5,400, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥4,900. Stock is down 4.7% over the past year. The company is forecast to post earnings per share of JP¥201 for next year compared to JP¥254 last year. Reported Earnings • Mar 06
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: EPS: JP¥254 (up from JP¥201 in FY 2021). Revenue: JP¥162.6b (up 2.8% from FY 2021). Net income: JP¥3.97b (up 24% from FY 2021). Profit margin: 2.4% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 49%. Over the next year, revenue is forecast to stay flat compared to a 3.6% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat. Announcement • Feb 16
DyDo Group Holdings, Inc. Revises Earnings Guidance for the Fiscal Year Ending January 20, 2022 DyDo Group Holdings, Inc. revised earnings guidance for the fiscal year ending January 20, 2022. For the period, the company expects net sales to be JPY 162,600 million against the previous guidance of JPY 164,500 million, operating profit to be JPY 4,580 million against the previous guidance JPY 4,200 million and profit attributable to owners of parent to be JPY 3,950 million against the previous guidance of JPY 2,600 million, basic earnings per share to be JPY 252.73 against the previous guidance of JPY 166.46. Upcoming Dividend • Jan 12
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 19 January 2022. Payment date: 19 April 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.6%). Reported Earnings • Nov 29
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥137 (down from JP¥213 in 3Q 2021). Revenue: JP¥44.7b (flat on 3Q 2021). Net income: JP¥2.14b (down 36% from 3Q 2021). Profit margin: 4.8% (down from 7.5% in 3Q 2021). Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Earnings per share (EPS) surpassed analyst estimates by 26%. Over the next year, revenue is forecast to grow 1.9%, compared to a 2.7% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Nov 27
DyDo Group Holdings, Inc. Provides Earnings Guidance for the Year Ending January 31, 2022 DyDo Group Holdings, Inc. provided earnings guidance for the year ending January 31, 2022. For the period, the company expects net sales of ¥164,500 million, operating profit of ¥4,200 million and Profit attributable to owners of parent of ¥2,600 million. Basic earnings per share of ¥166.46.