Tsuruya (5386) Mid-Term Earnings: Operating Income Up 398.4% YoY to 176 Million Yen

Tsuruya (5386) announced its mid-term financial results, reporting operating income up 398.4% year-on-year to 176 million yen. Net sales reached 2.09 billion yen (an increase of 29.1% YoY), ordinary income rose 165.2% to 241 million yen, and net income increased 145.4% to 164 million yen. Profitability significantly improved across core operations, resulting in substantial profit growth at all levels. From a financial stability perspective, the company maintains a high equity-to-asset ratio of 80.4%, demonstrating a robust financial base. Retained earnings stand at 6.84 billion yen, alongside cash and cash equivalents of 1.86 billion yen. While operating cash flow was -0.11 billion yen, free cash flow recorded a positive 0.12 billion yen, highlighting overall financial soundness and a strong recovery in earning capacity.