bullish

Tsuruha Holdings (3391): Tsuruha Joins Aeon and Welcia Holdings in Capital and Business Alliance

437 Views09 Mar 2024 08:38
Issuer-paid
SUMMARY
  • Tsuruha Holdings (3391 JP) , established in 1929, operates a chain of drugstores.
  • In FY05/23, Tsuruha reported sales of JPY970.1bn, operating profit of JPY45.6bn, recurring profit of JPY45.7bn, and net income attributable to owners of the parent of JPY25.3bn.
  • In response to a challenging business environment within the drugstore industry, the three companies have recognized the necessity of fundamentally transforming their business models.
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