TSURUHA HOLDINGS INC. (3391) Stock Price

Market cap
¥539.7B
P/E ratio
23.8x
Tsuruhа Holdings operates a nationwide network of drugstore chains selling pharmaceuticals, cosmetics, and everyday goods through regional subsidiaries across Japan.

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Business Overview

Tsuruhа Holdings manages and oversees drugstore operations that sell pharmaceuticals, cosmetics, and miscellaneous goods. This supports the operation of drugstore chains across the nation.

Tsuruhа Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses, and also handles wholesale sales to franchise stores. This enables the company to provide community-focused services.

Kusuri no Fukutaro Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses in the Kanto region. The company provides products tailored to regional needs and works to enhance customer satisfaction.

Tsuruhа Group Drug & Pharmacy West Japan Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses in the Chugoku and Kyushu regions. The company develops services suited to regional characteristics.

Lady Pharmacy Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses in the Chushikoku region. The company provides community-rooted services and supports customer health.

Kyorindo Group Holdings Corporation manages and oversees its drugstore operating subsidiaries. This supports efficient operations across the entire group.

Kyorindo Pharmacy Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses throughout Shizuoka Prefecture. The company provides services that address regional health needs.

Drug Eleven Corporation conducts pharmaceutical sales based on pharmacy and retail pharmacy licenses, primarily in the Kyushu and Okinawa regions. The company develops community-focused services.

Tsuruhа Group Merchandising Corporation handles product procurement and logistics operations across the group. The company also plans and develops private brand products and implements sales promotion activities.

Tsuruhа Financial Services Corporation conducts insurance agency operations and provides management guidance and oversight within the group. This supports risk management across the entire group.

Tsuruhа Liquor Sales Corporation conducts internet mail-order sales of alcoholic beverages. The company offers a diverse product lineup to meet customer needs.

Several Corporation rents vending machines and sells beverages. This provides highly convenient services.

Management Policy

Tsuruha Holdings is pursuing a growth strategy toward the fiscal year ending February 2026, with a focus on profitability-driven store expansion. The company is strengthening its dominant market position in existing regions and improving the quality of new store openings to enhance profitability. The company is also focusing on expanding regional presence through M&A.

Opening new dispensing pharmacies and enhancing their functions are key components of the strategy. The company is advancing co-location with existing stores and strengthening collaboration with drugstores to expand healthcare support services. By leveraging digital technology, the company aims to improve treatment outcomes and promote preventive care.

The company is also advancing private brand development to enhance corporate value and competitiveness. It is cultivating brands such as "Kurashi Rhythm" and pursuing joint development with major manufacturers and environmentally conscious product development. Through these product development initiatives, the company aims to increase corporate value.

In its digital strategy, the company is utilizing a customer data platform to improve customer satisfaction and acquire new customers. It is leveraging marketing automation and business intelligence tools to support efficient management decision-making. This enables the company to deploy new marketing approaches leveraging its industry-leading store network.

Advancing sustainable management is also a key pillar. The company is implementing human capital management to promote employee growth and strengthen contributions to local communities. The company aims to build a sustainable society based on the SDGs and enhance its corporate governance framework.

Tsuruha Holdings is pursuing a management integration with Aeon Co., Ltd. and Welcia Holdings Co., Ltd., aiming to maximize synergy effects. Through this integration, the company seeks to leverage the management resources of each company to pursue further growth.

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