#EarningsForecastRevision

Revised full-year consolidated earnings forecast for the fiscal year ending May 2026 to net sales of 319.9 billion yen (up 2.2% from the previous forecast) and operating income of 6.7 billion yen (down 35.0%).

For the second quarter of the fiscal year ending May 2026, net sales were JPY 47,746 million, 4.9% above the previous forecast, and operating income was JPY 6,895 million, up 37.9%. The full-year earnings forecast has also been revised upward, with net sales now projected at JPY 101,000 million (an increase of 5.8% from the previous forecast).

Revised consolidated earnings forecast for the fiscal year ending February 2026: net sales of 516.6 billion yen (down 1.3% from previous forecast), operating income of 21.25 billion yen (down 17.0%), and net income attributable to owners of parent of 12.0 billion yen (down 17.2%).

In the fourth quarter of the fiscal year ending February 2026, Tsuruha Holdings Inc. plans to record an extraordinary income of 10,583 million yen from the gain on step acquisition associated with the consolidation of Welcia Holdings Co., Ltd. as a consolidated subsidiary.

The full-year consolidated earnings forecast for the fiscal year ending February 2026 has been revised to operating revenue of 814,000 million yen (0.1% decrease from previous), operating income of 10,600 million yen (31.6% decrease), and net income attributable to owners of parent of 5,700 million yen (3.6% increase).

Revised the consolidated earnings guidance for the fiscal year ending February 2026, with operating revenue set at 10.7 trillion yen (up 1.9% from previous forecast) and net income attributable to owners of parent increased to 600 billion yen to 700 billion yen (up 150.0% to 175.0%).