Tsuruha Holdings Inc. Reports Consolidated Earnings Results of the Year Ended May 15, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending November 2018 and Year Ending May 2019
June 18, 2018 at 02:00 am EDT
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Tsuruha Holdings Inc. reported Consolidated earnings results of the year ended May 15, 2018. Net sales were JPY 673,238 million compared to JPY 577,088 million a year ago. Operating profit was JPY 40,236 million compared to JPY 35,284 million a year ago. Ordinary profit was JPY 41,610 million compared to JPY 36,841 million a year ago. Profit attributable to owners of parent was JPY 24,798 million compared to JPY 23,232 million a year ago. Diluted earnings per share was JPY 511.40 compared to JPY 480.53 a year ago. Rate of return on equity was 13.9% compared to 14.8% a year ago. Cash flows from operating activities was JPY 27,199 million compared to JPY 3,700 million a year ago.
For the period six months ending November 2018, the company expects net sales to be JPY 369,400 million, Operating profit to be JPY 20,370 million, Ordinary profit to be JPY 21,082 million, Profit attributable to owners of parent to be JPY 12,790 million, and Basic earnings per share to be JPY 265.32.
For the year ending May 2019, the company expects net sales to be JPY 743,600 million, operating profit to be JPY 41,800 million, Ordinary profit to be JPY 43,190 million, Profit attributable to owners of parent to be JPY 25,380 million, and Basic earnings per share to be JPY 526.50.
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 of the Year Ended May 15, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending November 2018 and Year Ending May 2019