Tsuruha Holdings Inc.

I would like to explain the summary of the 24-year contract. Please take a look at the third page of the instruction manual. This is the highlight of the settlement. The sales value is 1.274 trillion yen. The previous year's interest rate increased by 5.9%. The operating profit is 49.2 billion yen. The previous year's interest rate increased by 8.0%. This is the first time we have exceeded 100 million yen in sales, both in terms of sales value and operating profits. As for the business content, the previous period saw sales recovery by absorbing minuses related to COVID-19 by improving the flow of people and the increase in seasonal funds. In addition, we have seen improvements in the average rate by focusing on the recovery of cosmetics and foods. As the high tide continues, the water supply and heating costs have also increased, but the rate of return has increased by 0.1% due to the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number of people paid and the increase in the number Shinten mo junchou ni shinchoku shi, zenten de zenden hi 105.9% to hobo keikakusen de chakushi itashimashita. Uriage sourieki ni kanshimashita wa, kensa kitto, masku tou no hanbaigen na do, korona kanren shouzai no handou ga gozaimashita ga, keshouhin, shokuhin, chouzai na do no kiyo ni ori, zenden hi 106.4% to, The previous year's annual interest rate was 0.2%, which is 30.4%. On the other hand, the half-payment fee was implemented according to the plan, but due to the assumption that the water and heat costs were lower than expected, the operating profit was the result of the plan. In addition, the net profit was reduced by 4.1 billion yen for the Noren Genson of the company. This resulted in a decline in the previous year and the decline in the planning period. Next is the previous year's sales of the 13-month-old store. Please see the 6th page. This is the previous year's sales of the 13-month-old store. It was a result that was slightly below 2.9% in total. Due to the recovery of the population, the number of customers is in the recovery trend. The price of goods has risen due to the increase in product price. On the other hand, the sales score continues to be a negative trend. As you can see from the situation of each company, Next, let's look at the results of the product selection. Please look at page 7. First of all, as you can see, the number of prescriptions increased due to the opening of the pharmacy, and sales continued to grow. As for the rough rate, it is a result of 0.8% reduction in the number of prescriptions, which has been affected by the reduction in the number of prescriptions and the reduction in the number of prescriptions. In terms of OTC, the sales of general medicine, painkillers, and so on have improved, but there is also a rebound of the antigen test kits, and the sales of the previous year have been slightly reduced. In terms of cosmetics, sales have continued to recover due to the recovery tendency due to the recovery tendency due to the recovery tendency due to the recovery tendency due to the recovery tendency due to As of today, the growth of PV products has been significant, but the sales volume has been a little low. In terms of food, we have maintained a high growth rate of 108.5% due to the strength of the consumer's price thinking and the impact of the price increase. In addition, the rally rate has improved due to the penetration of the appropriate roots. As for the rest, we are at a level where the sales of masks and healthy food are at an all-time low. Please take a look at page 9. Here is the total number of stores with PB products. The total number of stores is 104, including small and medium-sized stores. It is a total of 936 stores with 23 stores closed and 81 stores in total. The proportion of large and medium-sized stores has increased by 35%. As for private brands, the annual sales volume has increased by 10.5% and the PV ratio has also increased by 10.5%. In particular, for food, the total cost was 119% and the sales of PB was greatly increased. In addition, the number of people infected with COVID-19, such as masks, was reduced by 1.7% to 41.8%. Next, let's look at the sales and general management expenses. Please see the 10th page. This is the result of the previous year's plan for half-year expenses. As for the human resources expenses, the base-up, the impact of the minimum wage increase, and the previous year's expenses were 106.7%, but the planned expenses were 99.8% and I think we were able to control it properly. As for the sales promotion expenses, due to the strengthening of the branch sales, the previous year's expenses increased by 119%. The previous year's annual income was 103% and the increase in the number of houses built by our own company has contributed to the increase in the number of houses built by our own company. The previous year's annual income was 100% and the increase in the number of houses built by our own company has contributed to the increase in the number of houses built by our own company. The previous year's annual income was 108% and the increase in the number of houses built by our own company has contributed to the increase in the number of houses built by our own company. As for the other expenses, the previous year's cost was 113%. As for this factor, it is due to the increase in the number of cash receipts. Please see the 11th page. This is the situation of the stores and stores of each company and region. The number of stores has increased by 128 stores, 69 stores, and 5 stores by small companies. The total number of stores was 2,653 at the end of the previous year. The total number of stores was 2,653 at the end of the previous year. The total number of stores was 2,653 at the end of the previous year. The total number of stores was 2,653 at the end of the previous year. In terms of the balance sheet, the added acquisition of DRAC11 has reduced the current interest rate of 1.7 billion yen. In addition, due to the loss of 2.5 billion yen due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to the loss of non-competitive capital due to This concludes my presentation. In addition, the company's record is posted in the appendix below page 25, so please refer to it. Next, I would like to explain the medium-term management plan and the work we are doing. Thank you for listening.

From page 14, I, Tsuruhai, will explain the medium-term management plan and the activities of this year. Thank you. Please look at page 15. The medium-term management plan for the third quarter, which started in May 2023, has been completed and two years have passed since then. This year, May of 2025, will be the final year of the medium-term management plan. This three-year period of the medium-term management plan is called the profit-improving phase. Profit-improving is the top priority, and we have been working on a focus strategy as a stepping stone for the next growth. After this, I will explain the progress of each item. Please take a look at page 16. The first focus strategy is the store strategy. The goal is to have 2,750 stores at the end of this year. We have focused on more dominant stores in areas with stores. We have been focusing on improving the store system. This year, we have a store plan for 111 stores. The number of stores in Konkimatze is 2677 stores, which is actually a plan to lower the goal of this medium-sized store. This is to improve our profits in the medium-sized store. is aiming to improve profitability for each store. This is a recent issue, but regarding this, we have strengthened the criteria for choosing a property, as well as the opening of stores and the promotion of sales when they are open. As a result, by increasing the awareness of customers in the early stages, the speed of the black market is in the recovery trend this year. Also, the store age is now 6 years and 7 months at all points. This is because the previous model started at 6 years and 10 months, so it is a so-called store rejuvenation. will continue to maintain competitiveness. Please look at page 17. The second main strategy is the long-term financial strategy. This is the goal of the broadcast. The number of stores in Chouzai will not reach the number of stores we originally planned, but the sales plan of 14 billion yen is expected to be achieved. This is the goal of the broadcast. This is the goal of the broadcast. I think that we were able to increase the sales and profitability of each store from the initial plan. We have also strengthened the awareness-raising strategy after the opening of Chouzai, and the progress of Chouzai has improved. Also, to improve the convenience of patients, we have enhanced the number of prescriptions to increase the number of prescriptions. We have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we have enhanced the number of prescriptions to increase the number of prescriptions. Also, we started this kind of work. As a result, the increase in the number of prescribed medicines has been maintained at 112% in the previous year. In addition, from the previous year, we have replaced this long-term medicine, lecithin, lecithin, and other pharmacological systems. This has led to the promotion of business efficiency. As a result, the human rights ratio in the state is improved by 0.4% compared to the previous year, and the business efficiency has been measured. Please see page 18. The third focus strategy is the PB strategy. At the end of this year, the goal of the broadcast is 12% of the PB sales cost. In the previous year, due to the high demand for raw materials, the development of new products was delayed, and due to the high demand for existing products, the sales of products increased. Therefore, the increase in SKU was not as expected. However, on the other hand, The introduction of this PV to each group of companies has advanced further, and the development of existing products and sales growth have also improved, and the sales target of PV itself is in good order. The previous year's annual sales of the entire PV of the previous year was 109%. In terms of category, the SKU of food is now at 143+. Due to this, the sales of food increased by 119% in the previous year. We are also working on joint development with major manufacturers.

This is also expected to increase in the future.