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Tsuruha Holdings Inc. (3391.T)

JPY2,314.00 -46.50 (-1.97%)
JP JPX Healthcare Medical - Pharmaceuticals
Address 20-1-21, Kita 24 Johigashi 065-0024
Sapporo, JP
CEO Jun Tsuruha
IPO 2001-02-22
ISIN JP3536150000

Explore sections of this company profile

Also trades on Other OTC · TSUSF (USD) Tokyo Stock Exchange · 3391.T (JPY)
Description

Headquartered in Sapporo, Japan, Tsuruha Holdings Inc. is a retailer primarily engaged in managing a large chain of pharmacies throughout Japan. These establishments offer a comprehensive selection of medicinal and beauty products. As of October 15, 2021, the firm's retail footprint encompassed 2,448 stores within Japan, supplemented by an additional 22 locations in Thailand. The company's origins date back to its founding in 1929.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY2,314.00 -46.50 (-1.97%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.17
Float Shares
30.79M
Free Float %
63.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.02% -3.78% -4.20% -24.90% -28.80% -31.43% -12.80% +1.31% -25.88% -13.15% +995.28%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2,314.00
DCF (Unlevered) 5,207.09 +125.0%
DCF (Levered) 6,390.85 +176.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 22% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 7 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.41
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Medical - Pharmaceuticals: +7.8%
    +35.4% Q2'26: +133.7% (vs Q2'25)
  • EPS growth Medical - Pharmaceuticals: +20.2%
    +60.7% Q2'26: -34.7% (vs Q2'25)
  • FCF margin FCF growth · Medical - Pharmaceuticals: +43.3%
    +4.1% Q2'26: +0.0% (vs Q2'25)
  • EBIT margin Medical - Pharmaceuticals: +6.8%
    +4.8% Q2'26: +3.8% (vs Q2'25)
  • ROIC Medical - Pharmaceuticals: +6.1%
    +5.2% Q2'26: +8.4% (vs Q2'25)
  • Share dilution Medical - Pharmaceuticals: +0.0%
    +21.4% Q2'26: +85.8% (vs Q2'25)
  • Debt / EBITDA Net debt/EBITDA · Medical - Pharmaceuticals: 0.21×
    2.09× Q2'26: 0.28× (vs Q2'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.19) × ERP
WACC = 74% × Ke + 26% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5,207.09 Current price: 2,314.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Feb 2015
actual
Feb 2016
actual
Feb 2017
actual
Feb 2018
actual
Feb 2019
actual
Feb 2020
actual
Feb 2021
actual
Feb 2022
actual
Feb 2023
actual
Feb 2024
actual
Feb 2025
actual
Feb 2026
7 Rev. Ana.
7 EPS Ana.
Feb 2027
7 Rev. Ana.
8 EPS Ana.
Feb 2028
7 Rev. Ana.
7 EPS Ana.
Feb 2029
6 Rev. Ana.
6 EPS Ana.
Feb 2030
3 Rev. Ana.
2 EPS Ana.
Feb 2031
2 Rev. Ana.
3 EPS Ana.
Revenue
440.43B
est: 439.65B (+0.2%)
527.51B
est: 522.48B (+1.0%)
577.09B
est: 579.75B (-0.5%)
673.24B
est: 671.53B (+0.3%)
782.45B
est: 780.66B (+0.2%)
841.04B
est: 834.56B (+0.8%)
919.30B
est: 919.24B (+0.0%)
915.70B
est: 924.59B (-1.0%)
970.08B
est: 969.88B (+0.0%)
1.03T
est: 1.04T (-1.3%)
1.07T
est: 847.21B (+26.5%)
1.45T
1.45T – 1.46T
+71.4% YoY
2.55T
2.54T – 2.57T
+75.7% YoY
2.62T
2.59T – 2.65T
+2.9% YoY
2.71T
2.70T – 2.71T
+3.1% YoY
2.85T
2.82T – 2.87T
+5.2% YoY
2.95T
2.92T – 2.97T
+3.4% YoY
EBITDA
32.45B
est: 26.35B (+23.2%)
38.12B
est: 31.31B (+21.7%)
42.86B
est: 34.74B (+23.4%)
49.17B
est: 40.24B (+22.2%)
53.34B
est: 46.78B (+14.0%)
56.52B
est: 50.01B (+13.0%)
61.67B
est: 55.08B (+12.0%)
53.11B
est: 55.40B (-4.1%)
61.31B
est: 58.12B (+5.5%)
57.78B
est: 62.38B (-7.4%)
57.40B
est: 50.77B (+13.1%)
87.00B
86.66B – 87.19B
+71.4% YoY
152.85B
152.05B – 153.74B
+75.7% YoY
157.29B
155.29B – 159.09B
+2.9% YoY
162.17B
161.94B – 162.40B
+3.1% YoY
170.64B
169.10B – 172.12B
+5.2% YoY
176.50B
174.90B – 178.02B
+3.4% YoY
EBIT
26.90B
est: 18.43B (+45.9%)
31.32B
est: 21.90B (+43.0%)
35.28B
est: 24.30B (+45.2%)
40.24B
est: 28.15B (+43.0%)
41.83B
est: 32.72B (+27.8%)
45.01B
est: 34.98B (+28.7%)
48.38B
est: 38.53B (+25.6%)
38.45B
est: 38.75B (-0.8%)
44.76B
est: 40.65B (+10.1%)
39.78B
est: 43.63B (-8.8%)
37.81B
est: 35.51B (+6.5%)
60.85B
60.61B – 60.99B
+71.4% YoY
106.92B
106.35B – 107.54B
+75.7% YoY
110.02B
108.62B – 111.28B
+2.9% YoY
113.43B
113.27B – 113.60B
+3.1% YoY
119.36B
118.28B – 120.39B
+5.2% YoY
123.45B
122.34B – 124.52B
+3.4% YoY
Net Income
17.21B
est: 106.02B (-83.8%)
19.32B
est: 24.87B (-22.3%)
23.23B
est: 29.40B (-21.0%)
24.80B
est: 31.22B (-20.6%)
24.82B
est: 30.85B (-19.5%)
27.90B
est: 34.45B (-19.0%)
26.28B
est: 34.60B (-24.0%)
21.39B
est: 28.96B (-26.1%)
25.26B
est: 29.92B (-15.6%)
21.74B
est: 136.69B (-84.1%)
21.81B
est: 25.14B (-13.2%)
36.13B
32.46B – 39.79B
+43.7% YoY
30.69B
24.76B – 36.62B
-15.0% YoY
35.82B
31.12B – 40.51B
+16.7% YoY
42.29B
36.90B – 47.69B
+18.1% YoY
53.46B
52.83B – 54.06B
+26.4% YoY
60.12B
59.41B – 60.80B
+12.5% YoY
SGA
97.48B
est: 113.26B (-13.9%)
117.92B
est: 134.59B (-12.4%)
129.79B
est: 149.34B (-13.1%)
152.54B
est: 172.99B (-11.8%)
181.66B
est: 201.10B (-9.7%)
199.35B
est: 214.98B (-7.3%)
218.04B
est: 236.80B (-7.9%)
230.91B
est: 238.18B (-3.0%)
247.79B
est: 249.84B (-0.8%)
265.13B
est: 268.18B (-1.1%)
278.37B
est: 218.24B (+27.6%)
374.01B
372.52B – 374.84B
+71.4% YoY
657.11B
653.64B – 660.91B
+75.7% YoY
676.17B
667.59B – 683.92B
+2.9% YoY
697.15B
696.16B – 698.15B
+3.1% YoY
733.57B
726.95B – 739.93B
+5.2% YoY
758.74B
751.89B – 765.31B
+3.4% YoY
EPS
72.47
est: 358.01 (-79.8%)
81.15
est: 83.97 (-3.4%)
96.91
est: 99.29 (-2.4%)
103.05
est: 105.41 (-2.2%)
102.77
est: 104.16 (-1.3%)
115.37
est: 116.31 (-0.8%)
108.40
est: 116.83 (-7.2%)
88.12
est: 97.77 (-9.9%)
103.98
est: 101.05 (+2.9%)
89.45
est: 461.68 (-80.6%)
89.65
est: 80.41 (+11.5%)
126.15
109.61 – 134.36
+56.9% YoY
98.12
83.62 – 123.66
-22.2% YoY
121.44
105.09 – 136.80
+23.8% YoY
148.83
124.59 – 161.04
+22.6% YoY
180.50
178.38 – 182.53
+21.3% YoY
203.00
200.62 – 205.29
+12.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-28 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-27 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-26 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-25 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-22 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-21 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-20 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-19 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-18 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-15 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-13 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-12 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-05-01 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-04-24 A- 4/5 5/5 3/5 4/5 2/5 2/5 4/5
2026-04-23 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-04-22 B+ 3/5 5/5 3/5 4/5 1/5 2/5 4/5
2026-04-21 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-20 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-17 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-16 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
44.59B
OE per share TTM
182.83
Owner's Yield
4.87%
Maintenance CapEx ratio
3.49%
Maint CapEx / Avg PPE
10.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 106 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree International Multifactor Fund DWMF 0.26% 89.2K 0.38%
2 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.21% 1.20M 0.58%
3 iShares MSCI Japan Small-Cap ETF SCJ 0.21% 538.0K 0.50%
4 Invesco JPX-Nikkei 400 UCITS ETF N4US.L 0.09% 196.0K 0.19%
5 Invesco JPX-Nikkei 400 UCITS ETF NS4E.DE 0.09% 195.5K 0.19%
6 Invesco JPX-Nikkei 400 UCITS ETF N400.L 0.09% 195.6K 0.19%
7 iShares JPX-Nikkei 400 ETF 1364.T 0.09% 3.40M 0.05%
8 iShares JPX-Nikkei 400 ETF JPXN 0.09% 118.9K 0.48%
9 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ 0.08% 181.2K 0.83%
10 iShares MSCI EAFE Small-Cap ETF SCZ 0.08% 10.92M 0.40%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.92M
Shares Outstanding
48.70M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jun Tsuruha President, Chief Executive Officer & Representative Director 106M male
Kazuhiko Nomura Executive Officer - Group Dispensing Management Department & GM of Dispensing Operations Division
Kei Wakabayashi Head of Investor Relations & Budget Management Department
Kinone Takaomi Executive Officer & GM of the HR Development Headquarters (Head of Group HR Development Division)
Masahiro Yawata Executive Officer male
Naotaka Kokawaji Executive Officer male
Norihito Ojima Executive Officer - Group Human Resources and General Affairs Department & GM of HR and GA Division
Ryutaro Miyake Executive Officer and GM of Accounting & Finance Division
Shoichi Murakami Executive Officer male
Toyama Kazuto Executive Officer of Group Store Development Division, GM of Store Development Division & Director male
Tsuyoshi Hanzawa Executive Officer male
Yasuyuki Arima Executive Officer - Group Product Division
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits