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DyDo Group Holdings, Inc. ( (JP:2590) ) has shared an update.
DyDo Group Holdings, Inc. announced the results of its new early retirement incentive program, which sought to encourage voluntary retirement among employees aged 50 to 64 at DyDo DRINCO, Inc. and 55 to 64 at DyDo Beverage Service, Inc. Out of a target of 150 employees, only 51 applied for the program. The company will incur an extraordinary loss of approximately 480 million yen due to increased retirement benefits paid to these employees. Despite this, DyDo Group does not anticipate revising its performance outlook, signaling limited immediate impact on its financial performance. The company intends to keep stakeholders informed of any future developments.
More about DyDo Group Holdings, Inc.
DyDo Group Holdings, Inc. operates in the beverage industry, offering a range of products aimed at promoting a sound mind and body. The company is listed on the Tokyo Stock Exchange Prime Market under the code 2590.
YTD Price Performance: 2.29%
Average Trading Volume: 115,581
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen108.2B
See more insights into 2590 stock on TipRanks’ Stock Analysis page.
