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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7937-20260807-01.pdf","jir_short_summary":"For the first quarter of FY2027, net sales were 6.313 billion yen, up 3.0% YoY, but operating income was 240 million yen, ordinary income 299 million yen, and quarterly net income attributable to owners of the parent 180 million yen, all below the previous year due to impairment losses from a drop in precious metals prices.","jir_summary":"### Overview of Performance\nIn the first quarter of the fiscal year ending March 2027, Tsutsumi booked net sales of 6,313 million yen, up 3.0% YoY, while recording impairment losses due to a sharp drop in precious metals prices, which led to declines in operating income by 45.8%, ordinary income by 37.3%, and quarterly net income by 41.1%. Sales remained strong for jewelry such as necklaces and bracelets made from gold and platinum, but raw material impairment weighed on profits. Going forward, the risk of impairment fluctuations remains depending on precious metals price movements.\n\n### Financial Position and Outlook\nTotal assets are 70,934 million yen with a high net equity ratio of 97.5%. While cash and deposits decreased at quarter-end, the carrying amount of inventories was affected by the mid-period revaluation method, and impairment losses may vary depending on precious metals prices. The full-year earnings outlook, unchanged as of May 2026, remains subject to conversion impact depending on precious metals price movements.","jir_financial_highlights":"Net Sales: 6,313 (YoY +3.0%)\nOperating Income: 240 (YoY \u25b345.8%)\nOrdinary Income: 299 (YoY \u25b337.3%)\nQuarterly Net Income: 180 (YoY \u25b341.1%)\nTotal Assets: 70,934 (YoY unknown)\nNet Shareholders\u2019 Equity Ratio: 97.5 (increase vs previous term)","jir_category":"","jir_hashtags":"#Tsutsumi, #Earnings, #PreciousMetalPricesImpact","jir_key_figures":"Net Sales: 6,313 million yen\nOperating Income: 240 million yen\nOrdinary Income: 299 million yen","jir_meta_title":"Tsutsumi Co., Ltd. | Q1 FY2027 Financial Results Summary \u2014 Net Sales 6,313 million yen; impact from precious metal price declines on profits","jir_meta_description":"Summary of Tsutsumi\u2019s Q1 FY2027 financial results. Net sales rose 3.0% YoY to 6,313 million yen, but operating, ordinary, and net income fell below the previous year due to impairment losses from the sharp decline in precious metals prices. Key points for the future explained.","jir_og_title":"Tsutsumi | Q1 FY2027 Financial Results Summary","jir_og_description":"Tsutsumi's Q1 results show higher net sales but lower profits due to precious metals price impact. Monitor precious metals price trends going forward. See IR materials for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":56832,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-99204","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n