Tsutsumi Jewelry Co.,Ltd. Raises Full-Year Profit Forecast by 35%
Tsutsumi Jewelry Co.,Ltd. (TSE:7937) has revised upward its earnings guidance for the fiscal year ending March 2026, citing stronger-than-expected jewelry sales and a one-time real estate gain.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 33.0bn | JPY 35.2bn | +6.7% |
| Operating Profit | JPY 4.05bn | JPY 5.24bn | +29.5% |
| Ordinary Income | JPY 4.20bn | JPY 5.40bn | +28.5% |
| Net Profit | JPY 2.73bn | JPY 3.69bn | +35.2% |
| １株当たり当期純利益 | JPY 175M | JPY 236M | +35.2% |
The jeweler attributed the upward revision to resilient demand for necklaces and bracelets despite elevated precious metal prices. Although the company restrained price increases on finished jewelry to offset rising raw material costs, unit sales volumes exceeded initial projections. Operating profit and ordinary income (keijo rieki)—a Japan-specific metric encompassing non-operating financial items—both surpassed plan. Additionally, the company recorded a JPY 75M extraordinary gain from real estate sales in the fourth quarter, boosting net profit above forecast.
The revision signals improved profitability even in an inflationary commodity environment. Net profit growth of 35.2% reflects both operational strength and the one-time property transaction. For international investors, ordinary income differs from operating profit by including financial income and expenses; the 28.5% increase in this metric underscores underlying business momentum beyond the real estate windfall. The earnings upgrade suggests Tsutsumi Jewelry’s pricing discipline and product mix are supporting margins despite persistent precious metal cost pressures.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.