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.