Tsuruha's Full-Year Profit Jumps to 42.7 Billion

MT Newswires Live11:17

Tsuruha's (TYO:3391) profit attributable to owners of the parent jumped to 42.7 billion yen for the fiscal year ended Feb. 28 from 17.2 billion yen a year earlier.

The drugstore company's earnings per share increased to 144.08 yen from 70.55 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales jumped to 1.451 trillion yen from 845.6 billion yen in the prior year.

In a separate filing, Tsuruha will record an extraordinary loss of 10.8 billion as an impairment loss in its consolidated financial statements for the fiscal year ended Feb. 28.

The loss stems from assessing the recoverability of fixed assets related to stores where the invested amount is unlikely to be recovered.

For the fiscal year ending Feb. 28, 2027, the company expects attributable net income of 41.5 billion yen, basic EPS of 91.62 yen, and net sales of 2.555 trillion yen.

Tsuruha's plans to pay interim and year-end dividends of 24 yen per share, each, for the current year.

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