TOKYO, May 01 (Pulse News Wire) – Tsuruya CO.,LTD. (5386.T) reported its fiscal year 2026 first quarter results ending March 31, 2026.
Revenue decreased by 4.5% compared to the same period last year, reaching ¥6.505 billion. Despite lower sales, operating profit increased by 20.9% to ¥146 million, while net income rose by 208.0% to ¥373 million. The company attributed the revenue decline primarily to reduced housing starts and higher costs due to inflationary pressures. However, cost-cutting measures and improved production efficiency contributed to higher profitability.
TSURUYA plans to adjust product prices beginning June 1, 2026, aiming to stabilize pricing amid ongoing economic uncertainties. For the fiscal year ending March 31, 2027, TSURUYA stated it was unable to provide reasonable forecasts due to unpredictable factors such as geopolitical tensions and supply chain disruptions. The firm intends to disclose updated projections once conditions allow for more accurate predictions. The board also scheduled the annual general meeting for June 23, 2026, and dividend payments are set to begin on July 13, 2026.
The company's capital adequacy ratio stood at 81.7%, reflecting strong financial health despite challenging market conditions.
Financial results — FY2026/3 (consolidated)
| Metric | Current | YoY |
|---|---|---|
| Revenue | ¥6,505M | -4.5% |
| Operating profit | ¥146M | -20.9% |
| Net profit | ¥373M | +208.0% |
Source: TDNet filing · Figures in millions of yen
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