Net sales increased 15.1% year-on-year to 103,441 million yen. Rapid expansion in the China business drove sales growth. Interim net income increased to 16,203 million yen. Full-year forecasts were revised: full-year net sales are projected at 218,500 million yen and net income at 29,300 million yen. 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Rapid expansion in the China business drove sales growth. Interim net income increased to 16,203 million yen. Full-year forecasts were revised: full-year net sales are projected at 218,500 million yen and net income at 29,300 million yen. Dividend forecasts remain unchanged.","jir_summary":"### Summary of Results\nFor the second quarter of the fiscal year ending March 2027, net sales expanded to 103,441 million yen (Year-over-Year +15.1%). Growth was driven not only by domestic operations but significantly by contributions from the China business, which propelled overall sales growth. Operating income was 18,848 million yen (YoY +10.1%), ordinary income was 20,316 million yen (YoY +23.7%), and interim net income attributable to owners of the parent was 16,203 million yen (YoY +29.9%), indicating steady improvement in profitability. The financial position shows an equity ratio of 51.7% and cash and cash equivalents of approximately 9,160 million yen.\n\n### Outlook and Dividends\nFull-year forecasts have been revised: full-year net sales are projected at 218,500 million yen, operating income at 38,400 million yen, ordinary income at 36,400 million yen, net income attributable to owners of the parent at 29,300 million yen, and earnings per share at 393.03 yen. These revisions reflect the consolidation of Yomeishu Seizo as a subsidiary. The dividend forecast remains unchanged, and the company will continue a policy of stable dividends.","jir_financial_highlights":"Net Sales: 103,441 (Year-over-Year +15.1%)\nOperating Income: 18,848 (Year-over-Year +10.1%)\nOrdinary Income: 20,316 (Year-over-Year +23.7%)\nInterim Net Income Attributable to Owners of Parent: 16,203 (Year-over-Year +29.9%)\nFull-Year Forecast Net Sales: 218,500 (Compared to previous forecast approx. +4.0%)\nFull-Year Forecast Net Income: 29,300 (Compared to previous forecast +11.8%)","jir_category":"","jir_hashtags":"#Tsumura, #Earnings, #InterimResults, #Pharmaceuticals, #ConsolidationOfYomeishuSeizo","jir_key_figures":"Net Sales: 103,441 million yen (Year-over-Year +15.1%)\nOperating Income: 18,848 million yen (Year-over-Year +10.1%)\nInterim Net Income: 16,203 million yen (Year-over-Year +29.9%)","jir_meta_title":"Tsumura & Co. FY2027 Q2 Interim Results | Net Sales 103,441 million yen, Net Income 16,203 million yen","jir_meta_description":"Analysis of Tsumura & Co.'s FY2027 Q2 (interim) results. Net sales rose 15.1% year-on-year, led by strong contributions from the China business. Full-year forecasts were revised; dividend unchanged. Impact includes consolidation of Yomeishu Seizo.","jir_og_title":"Tsumura & Co. Announces FY2027 Q2 Interim Results | Net Sales 103,441 million yen","jir_og_description":"Tsumura & Co.: Q2 interim net sales 103,441 million yen, net income 16,203 million yen. 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