For the third quarter of the fiscal year ending February 2026, net sales were JPY 833,383 million, operating income JPY 40,595 million, and net income attributable to owners of parent JPY 26,976 million. Completed business integration with Welcia Holdings, increasing the number of stores to 2,690.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3391","jir_company_name":"Tsuruha Holdings Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3391-20260114-01.pdf","jir_short_summary":"For the third quarter of the fiscal year ending February 2026, net sales were JPY 833,383 million, operating income JPY 40,595 million, and net income attributable to owners of parent JPY 26,976 million. Completed business integration with Welcia Holdings, increasing the number of stores to 2,690.","jir_summary":"### Performance Overview\nFor the third quarter of the fiscal year ending February 2026 (March 1, 2025 to November 30, 2025), net sales were JPY 833,383 million, operating income JPY 40,595 million, ordinary income JPY 40,733 million, and net income attributable to owners of parent JPY 26,976 million. Year-over-year comparisons were not conducted due to the change in the fiscal period. The economic environment experienced a moderate recovery influenced by U.S. trade policies, and although the drugstore industry faced intensified competition and stronger price sensitivity, performance remained broadly favorable.\n\n### Business Integration and Store Expansion\nOn December 1, 2025, the company completed its business integration with Welcia Holdings Co., Ltd., forming Japan\u2019s largest drugstore alliance. The number of directly operated stores reached 2,690 (78 openings, 46 closures), with efforts underway to strengthen pharmacy services and private brand products. Total assets amounted to JPY 664.451 billion, total liabilities were JPY 339.252 billion, and total net assets reached JPY 325.198 billion, resulting in an equity ratio of 45.0%, representing a decrease of 3.2 percentage points.","jir_financial_highlights":"Net Sales: JPY 833,383 million (Unknown (no Year-over-Year comparison))\nOperating Income: JPY 40,595 million (Unknown (no Year-over-Year comparison))\nOrdinary Income: JPY 40,733 million (Unknown (no Year-over-Year comparison))\nNet Income Attributable to Owners of Parent: JPY 26,976 million (Unknown (no Year-over-Year comparison))\nNumber of Stores (Directly Operated): 2,690 stores (Net increase of 32 stores (78 openings, 46 closures))\nEquity Ratio: 45.0% (Decreased by 3.2 percentage points)\nNumber of Issued Shares at Period End (Including Treasury Stock): 248,437,340 shares (Increased (Previous term: 247,785,340 shares))\nNumber of Treasury Stock at Period End: 4,455,088 shares (Almost flat)","jir_category":"","jir_hashtags":"#TsuruhaHoldings, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: JPY 833,383 million (Third Quarter of Fiscal Year Ending February 2026)\nOperating Income: JPY 40,595 million (Third Quarter of Fiscal Year Ending February 2026)\nNet Income Attributable to Owners of Parent: JPY 26,976 million (Third Quarter of Fiscal Year Ending February 2026)","jir_meta_title":"Tsuruha Holdings Inc. Financial Summary for Q3 Fiscal Year Ending February 2026 Net Sales JPY 833.3 Billion","jir_meta_description":"Tsuruha Holdings Inc. Financial Summary for the third quarter of the fiscal year ending February 2026. Net sales JPY 833,383 million, operating income JPY 40,595 million, net income JPY 26,976 million. Completed business integration with Welcia Holdings and expanded to 2,690 stores.","jir_og_title":"Tsuruha Holdings Financial Summary for Q3 Fiscal Year 2026 Announcement","jir_og_description":"Announced financial summary for the third quarter of the fiscal year ending February 2026. Net sales JPY 833.3 billion, operating income JPY 40.6 billion, net income JPY 27 billion. Completed business integration with Welcia Holdings.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_and_profit_2026Q3\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Sales, Operating Income, and Net Income for Third Quarter of Fiscal Year Ending February 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Sales\\\",\\\"Operating Income\\\",\\\"Net Income Attributable to Owners of Parent\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Amount (Million JPY)\\\",\\\"data\\\":[833383,40595,26976],\\\"backgroundColor\\\":[\\\"#4e79a7\\\",\\\"#f28e2b\\\",\\\"#e15759\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"store_count_change\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Store Count Changes (Directly Operated Stores)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Openings\\\",\\\"Closures\\\",\\\"Net Increase\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Number of Stores\\\",\\\"data\\\":[78,46,32],\\\"backgroundColor\\\":[\\\"#59a14f\\\",\\\"#edc949\\\",\\\"#76b7b2\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"capital_structure\", \"jir_chart_type\": \"pie\", \"jir_chart_title\": \"Capital Structure (Third Quarter of Fiscal Year Ending February 2026)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"pie\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Net Assets\\\",\\\"Liabilities\\\"],\\\"datasets\\\":[{\\\"data\\\":[325198,339252],\\\"backgroundColor\\\":[\\\"#4e79a7\\\",\\\"#f28e2b\\\"]}]}}\"}]","ir_related_company":7494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-19128","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n