TSI Holdings Co.,Ltd. Revises Earnings Forecast — Revenue Down 1.2%

TSI Holdings Co., Ltd. (TSE:3608) has revised its earnings forecast for the fiscal year ending February 2026, citing weaker performance from its core brands and challenges in expanding its e-commerce business.

Item Before After Change
Revenue JPY 169.0bn JPY 167.0bn -1.2%
Operating Profit JPY 5.70bn JPY 4.30bn -24.6%

The company cited a slowdown in the performance of its flagship brands, difficulties in acquiring new customers through its own e-commerce platform "mix.tokyo," and lower-than-expected revenue and gross profit. While selling, general, and administrative expenses were kept under control, they could not offset the decline in gross profit. Additionally, a write-down on goodwill from its underperforming U.S. business contributed to the downward revision.

The revised forecast reflects a significant decline in operating profit and net profit, raising concerns about the company's ability to recover in the near term. Investors may need to reassess their outlook for TSI Holdings as the company faces headwinds in both its core brand performance and digital expansion efforts.


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.