The latest announcement is out from TSURUHA Holdings ( (JP:3391) ).
TSURUHA HOLDINGS INC. announced it will record an extraordinary loss in its financial statements for the six months ending November 15, 2024, and the fiscal year ending February 28, 2025, due to impairment losses on fixed assets related to certain stores. This decision reflects the company’s assessment that the invested amounts in these assets are unlikely to be recovered, impacting its financial results and potentially influencing its market positioning and stakeholder confidence.
More about TSURUHA Holdings
TSURUHA HOLDINGS INC. operates in the retail industry, focusing on the management of drugstores and pharmacies. The company provides a wide range of health and beauty products, pharmaceuticals, and daily necessities, primarily targeting the Japanese market.
YTD Price Performance: 14.47%
Technical Sentiment Signal: Buy
Current Market Cap: $3.08B
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