Tsuruha Holdings (3391.T) Stock Price

Tsuruha Holdings Price

🇯🇵JPX·CLOSED
2,072.50JPY
Market closed
Today +/-
Today %

Tsuruha Holdings (3391.T) Stock | ISIN JP3536150000. The current Tsuruha Holdings stock price is 2,072.5 JPY (2026). Revenue is 1.38 T JPY. Net income is 29.06 B JPY. The P/E ratio is 17.4. Market capitalization is 505.45 B JPY. Tsuruha Holdings operates in the Non-cyclical consumption sector.

Over the last 19 years Tsuruha Holdings grew revenue by 9.2% annually, reaching 845.6 B JPY. Earnings per share have grown at 6% per year over the last 19 years. For Tsuruha Holdings, the net margin of 2% is broadly stable versus 2.9% a few years ago. At today's price the dividend yield works out to roughly 14.17%. The payout ratio is around 40% of earnings. The dividend has grown at 13% per year over the past 19 years.

Tsuruha Holdings stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Tsuruha Holdings over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Tsuruha Holdings stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Tsuruha Holdings's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tsuruha Holdings Stock Price History
DateTsuruha Holdings Price
Access this data via the Eulerpool API

Tsuruha Holdings Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
157.48 B JPY
7.36 B JPY
4.79 B JPY
Jan 1, 2007
173.62 B JPY
8.62 B JPY
5.05 B JPY
Jan 1, 2008
227.79 B JPY
10.15 B JPY
6.26 B JPY
Jan 1, 2009
251.86 B JPY
10.57 B JPY
6.05 B JPY
Jan 1, 2010
279.76 B JPY
12.27 B JPY
6.56 B JPY
Jan 1, 2011
299.58 B JPY
15.78 B JPY
7.88 B JPY
Jan 1, 2012
320.97 B JPY
19.07 B JPY
10.59 B JPY
Jan 1, 2013
343.02 B JPY
22 B JPY
13.46 B JPY
Jan 1, 2014
388.47 B JPY
24.1 B JPY
14.56 B JPY
Jan 1, 2015
440.43 B JPY
26.91 B JPY
17.21 B JPY
Jan 1, 2016
527.51 B JPY
31.34 B JPY
19.32 B JPY
Jan 1, 2017
577.09 B JPY
35.28 B JPY
23.23 B JPY
Jan 1, 2018
673.24 B JPY
40.24 B JPY
24.8 B JPY
Jan 1, 2019
782.45 B JPY
41.83 B JPY
24.82 B JPY
Jan 1, 2020
841.04 B JPY
45.01 B JPY
27.9 B JPY

Tsuruha Holdings Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 15, 2026, 3:43 PM
 
REVENUE (T JPY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B JPY)
NET INCOME (B JPY)
NET INCOME GROWTH (%)
DIV. (JPY)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202120222023202420252026e2027e2028e
0.920.920.971.030.851.382.212.23
9.31-0.395.945.92-17.763.4759.891.11
29.0129.6530.2430.3930.4618.6311.6511.52
266.72271.48293.36312.28257.54257.54257.54257.54
26.2821.3925.2621.7417.2129.0626.1131.35
-5.79-18.6218.09-13.92-20.8668.86-10.1620.1
167200277288.5293.72340.8649.41
-5.3819.7638.54.151.8-92.1777.6520.93
243.42243.5243.57244.23243.88243.88243.88243.88
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tsuruha Holdings generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Tsuruha Holdings retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Tsuruha Holdings's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Tsuruha Holdings has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Tsuruha Holdings's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Tsuruha Holdings stock margins

The Tsuruha Holdings margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tsuruha Holdings. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tsuruha Holdings.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
25.94 %
4.67 %
3.04 %
Jan 1, 2007
26.44 %
4.97 %
2.91 %
Jan 1, 2008
27.4 %
4.45 %
2.75 %
Jan 1, 2009
27.16 %
4.2 %
2.4 %
Jan 1, 2010
27.55 %
4.39 %
2.34 %
Jan 1, 2011
27.93 %
5.27 %
2.63 %
Jan 1, 2012
28.29 %
5.94 %
3.3 %
Jan 1, 2013
28.36 %
6.41 %
3.92 %
Jan 1, 2014
28.2 %
6.2 %
3.75 %
Jan 1, 2015
28.24 %
6.11 %
3.91 %
Jan 1, 2016
28.32 %
5.94 %
3.66 %
Jan 1, 2017
28.67 %
6.11 %
4.03 %
Jan 1, 2018
28.64 %
5.98 %
3.68 %
Jan 1, 2019
28.6 %
5.35 %
3.17 %
Jan 1, 2020
29.04 %
5.35 %
3.32 %

Tsuruha Holdings Stock Revenue, EBIT, Earnings per Share

The Tsuruha Holdings earnings per share therefore indicates how much revenue Tsuruha Holdings has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
760.42 JPY
35.55 JPY
23.12 JPY
Jan 1, 2007
787.39 JPY
39.11 JPY
22.89 JPY
Jan 1, 2008
961.12 JPY
42.81 JPY
26.4 JPY
Jan 1, 2009
1,062.18 JPY
44.57 JPY
25.5 JPY
Jan 1, 2010
1,178.81 JPY
51.71 JPY
27.63 JPY
Jan 1, 2011
1,260.7 JPY
66.39 JPY
33.17 JPY
Jan 1, 2012
1,354.73 JPY
80.48 JPY
44.71 JPY
Jan 1, 2013
1,436.52 JPY
92.14 JPY
56.37 JPY
Jan 1, 2014
1,608.85 JPY
99.82 JPY
60.31 JPY
Jan 1, 2015
1,833.74 JPY
112.02 JPY
71.65 JPY
Jan 1, 2016
2,189.81 JPY
130.11 JPY
80.21 JPY
Jan 1, 2017
2,387.21 JPY
145.96 JPY
96.1 JPY
Jan 1, 2018
2,776.76 JPY
165.95 JPY
102.28 JPY
Jan 1, 2019
3,225.67 JPY
172.43 JPY
102.34 JPY
Jan 1, 2020
3,465.48 JPY
185.48 JPY
114.96 JPY

Tsuruha Holdings business model & stock analysis

Tsuruha Holdings Inc. is a Japanese company that was founded in December 2000. However, the history of the company dates back to 1928 when pharmacist Torao Suzuki opened the first Tsuruha pharmacy in Nagoya. The name Tsuruha, which means "crane wing" in German, comes from a Japanese poem and symbolizes the desire for health and prosperity. Over the following decades, Tsuruha Co. Ltd., as the company was then called, became a nationally known provider of pharmaceuticals, cosmetics, and dietary supplements. In 2000, the company was restructured and transferred to Tsuruha Holdings Inc., which is now listed on the Tokyo Stock Exchange. Tsuruha Holdings' business model is based on the idea of promoting people's health while running a profitable company. To achieve these goals, Tsuruha has built various interconnected business areas. One of Tsuruha's largest business areas is pharmacies. The company operates over 1,200 Tsuruha and Tsuruha drugstores throughout Japan, making it one of the country's largest pharmacy networks. The pharmacies offer a wide range of medications, cosmetics, and health products and are closely connected to Tsuruha's other business areas. Another important pillar of Tsuruha is its e-commerce business. The company operates several online shops, including one specifically for cosmetics and beauty products. Customers can conveniently order from home and have the products delivered directly to their door. Tsuruha relies on modern technologies such as artificial intelligence and big data analysis to provide a personalized shopping experience. In addition to pharmacies and e-commerce, Tsuruha also offers health and wellness services. These include medical checks, nutritional advice, and health courses. These services are offered in Tsuruha clinics and health centers as well as in collaboration with other facilities. Another important business area for Tsuruha is the manufacturing and distribution of dietary supplements and health products. The company relies on innovation and high quality standards to provide its customers with the best possible products. Tsuruha's wide range of products also includes food and beverages tailored to the needs of people with specific dietary requirements. These include products for allergy sufferers, diabetics, vegetarians, and vegans. Overall, Tsuruha Holdings Inc. has built a broad range of products and services related to health and well-being. The company emphasizes close networking and cooperation between its various business areas to provide customers with a wide range of options. With a strong focus on service and state-of-the-art technologies, Tsuruha strives to meet the needs of its customers and provide them with an optimal shopping experience.

Tsuruha Holdings SWOT Analysis

Strengths

Tsuruha Holdings Inc has several strengths that contribute to its success:

  • Strong brand reputation: Tsuruha Holdings Inc is well-known in the market for its high-quality products and exceptional customer service.
  • Extensive product portfolio: The company offers a wide range of products, catering to various customer needs in the healthcare industry.
  • Effective supply chain management: Tsuruha Holdings Inc has a well-established supply chain system, ensuring timely and efficient delivery of products to its customers.
  • Strong financial position: The company exhibits stable financial performance, enabling it to invest in research and development, expand its operations, and explore new market opportunities.

Weaknesses

Despite its strengths, Tsuruha Holdings Inc also faces certain weaknesses:

  • Limited international presence: The company primarily operates in the domestic market, which poses a challenge for expanding its customer base globally.
  • Reliance on supplier relationships: Tsuruha Holdings Inc heavily depends on its relationships with suppliers, which could be affected by pricing fluctuations or disruptions in the supply chain.
  • Narrow margin of product diversification: Although the company offers a wide product range, it may need to further diversify to mitigate risks associated with changes in consumer trends and preferences.

Opportunities

Tsuruha Holdings Inc can capitalize on the following opportunities:

  • Growing healthcare industry: The increasing demand for healthcare products and services presents an opportunity for Tsuruha Holdings Inc to expand its market share.
  • Digital transformation: Embracing technology and digital platforms can enhance the company's e-commerce capabilities, enabling it to reach a wider audience and improve customer convenience.
  • Expansion into new markets: By exploring overseas markets, Tsuruha Holdings Inc can tap into new customer segments and diversify its revenue streams.

Threats

Tsuruha Holdings Inc needs to be cautious of the following threats:

  • Intense competition: The healthcare industry is highly competitive, and the company needs to continuously innovate and differentiate itself to maintain its market position.
  • Changing regulations: Evolving regulations and compliance requirements in the healthcare sector may pose challenges for Tsuruha Holdings Inc and impact its business operations.
  • Economic uncertainties: Fluctuations in the economy can affect consumer spending patterns, which may impact the demand for Tsuruha Holdings Inc's products.

Tsuruha Holdings Eulerpool Fair Value

Tsuruha Holdings historical P/E ratio, EBIT multiple, and P/S ratio

Tsuruha Holdings annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Tsuruha Holdings shares outstanding

The number of shares was Tsuruha Holdings in 2025 — This indicates how many shares 243.884 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
207.09 M base_Shares
Jan 1, 2007
220.5 M base_Shares
Jan 1, 2008
237 M base_Shares
Jan 1, 2009
237.12 M base_Shares
Jan 1, 2010
237.33 M base_Shares
Jan 1, 2011
237.63 M base_Shares
Jan 1, 2012
236.92 M base_Shares
Jan 1, 2013
238.78 M base_Shares
Jan 1, 2014
241.46 M base_Shares
Jan 1, 2015
240.18 M base_Shares
Jan 1, 2016
240.89 M base_Shares
Jan 1, 2017
241.74 M base_Shares
Jan 1, 2018
242.45 M base_Shares
Jan 1, 2019
242.57 M base_Shares
Jan 1, 2020
242.69 M base_Shares

Tsuruha Holdings Dividend History

21 years of dividend payments · 4 consecutive increases

YearAnnual DividendYoY ChangePayments
202623JPYYTD
Feb 26, 202623JPY 13.9%1/1
2025293.7JPY 1.8%
Feb 27, 2025112JPY 27.7%1/3
May 14, 2025155JPY 38.4%2/3
Aug 28, 202526.7JPY 82.8%3/3
2024288.5JPY 4.2%
2023277JPY 38.5%
2022200JPY 19.8%
2021167JPY 5.4%
2020176.5JPY 18.5%
2019149JPY 0.0%
2018149JPY 4.5%
2017156JPY 32.2%

Tsuruha Holdings dividend history and estimates

In 2025, Tsuruha Holdings paid a dividend amounting to 293.7 JPY. Dividend means that Tsuruha Holdings distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Invalid Date
0 JPY
29 JPY
0 JPY
Jan 1, 2007
48 JPY
0 JPY
0.5 JPY
Invalid Date
60 JPY
-55.2 JPY
0 JPY
Jan 1, 2009
56 JPY
0 JPY
0 JPY
Jan 1, 2010
65 JPY
0 JPY
0 JPY
Jan 1, 2011
81.5 JPY
0 JPY
0 JPY
Jan 1, 2012
112.5 JPY
0 JPY
0 JPY
Jan 1, 2013
145 JPY
0 JPY
0 JPY
Jan 1, 2014
73.25 JPY
0 JPY
0 JPY
Jan 1, 2015
96.75 JPY
0 JPY
0 JPY
Jan 1, 2016
118 JPY
0 JPY
0 JPY
Jan 1, 2017
156 JPY
0 JPY
0 JPY
Jan 1, 2018
149 JPY
0 JPY
0 JPY
Jan 1, 2019
149 JPY
0 JPY
0 JPY
Jan 1, 2020
176.5 JPY
0 JPY
0 JPY

Tsuruha Holdings dividend payout ratio

In 2025, Tsuruha Holdings had a payout ratio of 39.56%. The payout ratio indicates the percentage of the company's profits that Tsuruha Holdings distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
12.55 %
Jan 1, 2007
20.98 %
Jan 1, 2008
22.74 %
Jan 1, 2009
21.97 %
Jan 1, 2010
23.53 %
Jan 1, 2011
24.58 %
Jan 1, 2012
25.16 %
Jan 1, 2013
25.72 %
Jan 1, 2014
24.29 %
Jan 1, 2015
27.01 %
Jan 1, 2016
29.42 %
Jan 1, 2017
32.47 %
Jan 1, 2018
29.14 %
Jan 1, 2019
29.12 %
Jan 1, 2020
30.71 %
Price targets and forecasts for Tsuruha Holdings are not yet available.

Tsuruha Holdings Earnings Estimates

Tsuruha Holdings Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
6/21/202485.16JPY254.78 BJPY2024 Q4
3/21/2024156.92JPY264.16 BJPY2024 Q3
9/20/2022131.59JPY244.96 BJPY2023 Q1
6/21/2022106.7JPY237.7 BJPY2022 Q4
3/22/2022163.01JPY240.27 BJPY2022 Q3
12/21/2021140.93JPY238.96 BJPY2022 Q2
9/21/2021160.2JPY240.26 BJPY2022 Q1
6/22/202197.48JPY238.76 BJPY2021 Q4
3/16/2021176.09JPY238.92 BJPY2021 Q3
12/15/2020136.5JPY225.75 BJPY2021 Q2

EESG©

Eulerpool ESG Scorecard© for the Tsuruha Holdings stock

48/100
40
Environment
36
Social
69
Governance
E

Environment

20
Scope 1 - Direct Emissions3,424
Scope 2 - Indirect emissions from purchased energy275,368
Scope 3 - Indirect emissions within the value chain3,747,793
Total CO₂ emissions280,392
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees51.173
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tsuruha Holdings shareholder structure

% Name
93.74633%
Aeon Co Ltd
Aeon Co Ltd
4.30225%
Mawer Investment Management Ltd.
Mawer Investment Management Ltd.
3.46507%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.92147%
Tsuruha (Tatsuru)
Tsuruha (Tatsuru)
2.85207%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
2.61866%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
2.30509%
BlackRock Japan Co., Ltd.
BlackRock Japan Co., Ltd.
2.21743%
BlackRock Fund Advisors
BlackRock Fund Advisors
2.14651%
JPMorgan Securities Japan Co., Ltd.
JPMorgan Securities Japan Co., Ltd.
2.14347%
Goldman Sachs Asset Management, L.P.
Goldman Sachs Asset Management, L.P.
...

Tsuruha Holdings Executives and Management Board

JT

Mr. Jun Tsuruha

(49)

President, Executive President, Chief Executive Officer, Chairman of Subsidiary, Representative Director · since 2011

Compensation136 M JPY
SM

Mr. Shoichi Murakami

(57)

Executive Officer, President of Subsidiary, Director · since 2009

KT

Mr. Kazuto Toyama

(60)

Executive Officer, Director · since 2014

MY

Mr. Masahiro Yahata

(55)

Executive Officer, President of Subsidiary, Director · since 2020

MM

Mr. Makoto Murakami

Executive Officer, Chief Director of Administration

Tsuruha Holdings Supply Chain

Frequently asked questions about Tsuruha Holdings

Tsuruha Holdings Inc. operates as a leading retail company in Japan. The business model of Tsuruha Holdings Inc. mainly focuses on the sale of pharmaceutical products through its extensive network of drugstores. These drugstores offer a wide range of prescription and over-the-counter medications, personal care products, as well as health and beauty goods. Tsuruha Holdings Inc. aims to provide convenient and accessible healthcare solutions to its customers. By continually expanding its store footprint and enhancing customer services, Tsuruha Holdings Inc. remains committed to meeting the pharmaceutical needs of the community and contributing to the overall well-being of the society.

All fundamentals and in-depth analysis of Tsuruha Holdings

Our stock analysis for Tsuruha Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tsuruha Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.