TSI Holdings Cuts FY2026 Earnings Forecast on Weak Core Brands and U.S. Impairment

TSI Holdings Co ( (JP:3608) ) has issued an update.

TSI Holdings has revised its full-year consolidated earnings forecast for the fiscal year ended February 28, 2026, cutting its estimates for net sales, operating income, ordinary income and profit attributable to owners of the parent. The company now expects net sales of ¥167 billion and operating income of ¥4.3 billion, which, despite being above the prior year’s results, represent notable downward adjustments from the October 2025 guidance.

Management cited weaker-than-expected performance at core brands and difficulties in acquiring new customers on its in-house e-commerce site mix.tokyo, leading to lower projected sales and gross profit. Although selling, general and administrative expenses were controlled better than planned, this could not offset the profit shortfall, and an impairment loss on goodwill for the underperforming U.S. business further reduced expected net profit, while the planned year-end dividend of ¥40 per share remains unchanged.

The most recent analyst rating on (JP:3608) stock is a Buy with a Yen1207.00 price target. To see the full list of analyst forecasts on TSI Holdings Co stock, see the JP:3608 Stock Forecast page.

More about TSI Holdings Co

TSI Holdings Co., Ltd. is a Japanese company listed on the Tokyo Stock Exchange Prime Market, operating in the apparel and fashion-related retail sector. The group runs multiple core brands and leverages its in-house e-commerce platform, mix.tokyo, to reach consumers, with a growing presence that includes overseas operations such as its U.S. business.

Average Trading Volume: 387,998

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen52.88B

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