Tsuruha HD <3391> rebounded. The company announced its financial results for the year ending May 24 last weekend, with operating profit of 49.2 billion yen, up 8.0% compared to the previous year and slightly exceeding market expectations. On the other hand, fiscal year 2025 is expected to be 53.5 billion yen, an increase of 8.7% from the same period, which is expected to be at a level that exceeds the consensus by about 2 billion yen, leading to a positive reaction. This is based on the assumption of strong existing store sales and an increase in gross profit margin. There was no additional information regarding the merger with Welcia.