Tsuruha HD ＜3391＞ continues to grow. Financial results for the first quarter were announced last weekend. Operating profit was 15.1 billion yen, up 7.1% from the same period last year, and the consensus seems to have shaken to about 0.5 billion yen. At the same time, revisions to earnings forecasts due to changes in the fiscal period have been announced. Since the end of the fiscal period is the end of February, the current fiscal year will be an irregular settlement of 9.5 months, and the new full-year operating profit forecast is 38.7 billion yen. The conventional forecast is about 42 billion yen when converted to an annual rate, but it seems that a transient cost of about 4 billion yen will be recorded.
ツルハHD---続伸、第1四半期はコンセンサスやや上振れの決算に
Tsuruha HD---Continued growth, with first quarter results slightly better than consensus expectations.
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