Tsuruha Holdings Inc. Reports Consolidated Earnings Results for the Six Months Ended November 15, 2013; Declares Interim Dividend, Payable on January 14, 2014; Provides Dividend Guidance for the Year Ending May 15, 2014; Provides Consolidated Earnings Guidance for the Year Ending May 15, 2014
December 16, 2013
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Tsuruha Holdings Inc. reported consolidated earnings results for the six months ended November 15, 2013. For the period, the company reported net sales of JPY 183,682 million against JPY 172,508 million for the same period last year. Operating income was JPY 11,975 million against JPY 11,702 million for the same period last year. Ordinary income was JPY 12,714 million against JPY 13,069 million for the same period last year. Income before income taxes and minority interests was JPY 12,696 million against JPY 12,374 million for the same period last year. Income before minority interests was JPY 7,502 million against JPY 7,229 million for the same period last year. Net income was JPY 7,502 million or JPY 311.18 per diluted share against JPY 7,229 million or JPY 303.84 per diluted share for the same period last year. Net cash provided by operating activities was JPY 8,189 million against JPY 8,910 million for the same period last year. Purchase of property, plant and equipment was JPY 1,444 million against JPY 1,067 million for the same period last year. Purchase of software was JPY 70 million against JPY 103 million for the same period last year. Net assets per share were JPY 4,603.14 on November 15, 2013 compared to JPY 4,351.24 on May 15, 2013.
The company has declared an interim dividend of JPY 65.00 per share against JPY 50.00 per share paid for the same period last year. The scheduled date to start dividend distribution is January 14, 2014.
The company provided dividend guidance for the year ending May 15, 2014. For the year, the company expects to pay a final dividend of JPY 65.00 per share against JPY 80.00 per share paid for the same period last year.
The company provided consolidated earnings guidance for the year ending May 15, 2014. For the year, the company expects net sales of JPY 362,000 million, operating income of JPY 23,500 million, ordinary income of JPY 24,311 million and net income of JPY 13,728 million or JPY 576.67 per share.
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. Reports Consolidated Earnings Results for the Six Months Ended November 15, 2013; Declares Interim Dividend, Payable on January 14, 2014; Provides Dividend Guidance for the Year Ending May 15, 2014; Provides Consolidated Earnings Guidance for the Year Ending May 15, 2014