Tsuruha Holdings Inc. Announces Consolidated Earnings Results for the Nine Months Ended February 15, 2014; Provides Earnings Guidance for the Year Ending May 15, 2014; Provides Dividend Guidance for the Year Ending May 15, 2014
March 16, 2014
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Tsuruha Holdings Inc. announced consolidated earnings results for the nine months ended February 15, 2014. For the period, the company reported net income of JPY 11,153 million or JPY 462.24 diluted net income per share on net sales of JPY 276,112 million compared to net income of JPY 10,555 million or JPY 442.70 diluted net income per share on net sales of JPY 259,139 million for the corresponding period last year. Operating and ordinary income were JPY 17,655 million and JPY 18,621 million against JPY 17,219 million and JPY 18,783 million of prior year period. Income before income taxes and minority interests was JPY 18,597 million against JPY 18,082 million of prior year period.
The company provided earnings guidance for the year ending May 15, 2014. For the year, the company forecasts net income of JPY 14,550 million or JPY 609.37 net income per share on net sales of JPY 385,800 million. The company forecasts operating and ordinary income of JPY 23,800 million and JPY 24,950 million.
The company forecasts dividend of JPY 65.00 for the year ending May 15, 2014.
Tsuruha Holdings Inc is a Japan-based company mainly engaged in the operation of product sale business centered on pharmaceuticals and cosmetics. The Company is engaged in the management of drug stores that sell pharmaceuticals, cosmetics, miscellaneous goods, the sale of pharmaceuticals, the sale of pharmaceuticals based on pharmacy and store sales business in Kanto area, Hokkaido area, Kanto Koshinetsu, Tohoku area, Chugoku, Kyushu area, Shizuoka prefecture, Aichi prefecture, Hiroshima prefecture, the management of drug store management subsidiary, product procurement and logistics planning, business negotiations, procurement operation business, the planning, development and sale promotion of private brand products, the mail order business for the products handled by telephone and Internet, the insurance agency business and management guidance management, real estate leasing business, as well as the rental of vending machines and sale of beverages.
Tsuruha Holdings Inc. Announces Consolidated Earnings Results for the Nine Months Ended February 15, 2014; Provides Earnings Guidance for the Year Ending May 15, 2014; Provides Dividend Guidance for the Year Ending May 15, 2014