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TSI HOLDINGS Reports FY Feb 2026 Results Below Guidance
TSI HOLDINGS CO., LTD. <3608> announced after the close of trading that its consolidated financial results for the fiscal year ending February 2026, currently being finalized, are expected to fall short of previous guidance. Revenue is now projected at \167.0 billion (up 6.6% year-on-year), down from the earlier forecast of \169.0 billion. Operating profit is estimated at \4.3 billion (2.6 times the previous year), revised down from \5.7 billion, while net profit is expected to reach \3.3 billion (down 78.3% year-on-year), compared to the prior forecast of \4.2 billion.
The company attributed the underperformance to weak momentum in its core brands throughout the year and difficulties in acquiring new customers on its proprietary e-commerce site "mix.tokyo," which led to revenue and gross profit falling below plan. Additionally, impairment losses on goodwill resulting from underperformance in its U.S. business further weighed on net profit.
Source: MINKABU PRESS
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