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TSI HOLDINGS, Ordinary Profit Forecast for Last Fiscal Year Revised Downward by 10%
3608 TSI HOLDINGS CO., LTD. 【J-GAAP】
Guidance Update ReportTSI HOLDINGS CO., LTD. <3608> [TSE Prime] announced a performance revision after the market closed on April 3rd (15:30). The consolidated ordinary profit forecast for the fiscal year ending February 2026 has decreased 10.0%, from the previous forecast of 6.00 billion yen to 5.40 billion yen (compared to 2.07 billion yen in the previous period), leading to a reduction in the profit growth rate from 2.9 times to 2.6 times.
Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the September to February period (second half) consolidated ordinary profit has decreased 12.9%, from the previous forecast of 4.66 billion yen to 4.06 billion yen (compared to 2.24 billion yen in the same period of the previous year), leading to a reduction in the profit growth rate from 2.1 times to 81.3%.
Kabutan News
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2025 Prev | 102,833 | 5,060 | 4,667 | 2,887 | 49.6 | 40 | Oct 14, 2025 | J-GAAP |
| Sep - Feb, 2025 New | 100,833 | 3,660 | 4,067 | 1,987 | 31.7 | 40 | Apr 3, 2026 | J-GAAP |
| Revision Rate | -1.9% | -27.7% | -12.9% | -31.2% | -36.1% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 169,000 | 5,700 | 6,000 | 4,200 | 72.1 | 40 | Oct 14, 2025 | J-GAAP |
| Feb, 2026 New | 167,000 | 4,300 | 5,400 | 3,300 | 52.6 | 40 | Apr 3, 2026 | J-GAAP |
| Revision Rate | -1.2% | -24.6% | -10.0% | -21.4% | -27.0% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 81,376 | 1,857 | 2,243 | 16,021 | 220.9 | 65 | Apr 11, 2025 | J-GAAP |
| Sep - Feb, 2025 Guidance | 100,833 | 3,660 | 4,067 | 1,987 | 31.7 | 40 | Apr 3, 2026 | J-GAAP |
| YoY | +23.9% | +97.1% | +81.3% | -87.6% | -85.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 | 155,383 | 1,760 | 3,758 | 4,849 | 60.0 | 15 | Apr 12, 2024 | J-GAAP |
| Feb, 2025 | 156,606 | 1,636 | 2,076 | 15,230 | 210.0 | 65 | Apr 11, 2025 | J-GAAP |
| Feb, 2026 Guidance | 167,000 | 4,300 | 5,400 | 3,300 | 52.6 | 40 | Apr 3, 2026 | J-GAAP |
| YoY | +6.6% | +162.8% | +160.1% | -78.3% | -75.0% |
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