TSI Holdings Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 2015; Revised Earnings Guidance for the Year Ending February 2016
January 15, 2016 at 02:00 pm
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TSI Holdings Co.,Ltd. announced consolidated earnings results for the nine months ended November 2015. For the period, the company reported net sales of JPY 125,404 million against JPY 132,640 million last year. Operating income was JPY 1,573 million against JPY 2,095 million last year. Income before taxes was JPY 1,783 million against JPY 3,160 million last year. Net income was JPY 1,783 million against JPY 747 million last year. EBITDA was JPY 6,523 million compared with JPY 6,296 million a year ago. Ordinary profit was JPY 3,033 million compared with JPY 3,701 million a year ago.
The company revised earnings guidance for the year ending February 2015. For the year, the company revised net sales guidance to JPY 167,000 million compared to original guidance of JPY 170,000 million, revised operating profit guidance to JPY 1,200 million compared to original guidance of JPY 2,400 million, revised ordinary profit guidance to JPY 2,800 million compared to original guidance of JPY 4,000 million and revised net income guidance to JPY 2,900 million compared to original guidance of JPY 1,400 million.
TSI Holdings Co., Ltd. is a Japan-based company mainly engaged in the apparel related business and other business. The Apparel Related segment is mainly engaged in the planning, manufacture and sale of fashion and apparel products such as women's clothing, men's clothing and fashion accessories, as well as the license brand business, and the production and logistics business. The Company is also engaged in the other businesses such as the sales agency and staffing business, the synthetic resin products manufacturing and sale business, the store design supervision business, the food and beverage business, as well as the import and sale of cosmetics and soaps. The brands include apparel brands such as ADORE, and wander, Apuweiser-riche, Arpege Story, AVIREX, BAIT, BOSCH, BEAVER and others, food and beverage brands such as Urth Caffe, Patisserie Slier and others, as well as licensed brands such as PRIVATE LABEL, VIVAYOU, Pinky Girls, VertDense, MATERIA, NOVESPAZIO, BRIGITTE and others.
TSI Holdings Co.,Ltd. Announces Consolidated Earnings Results for the Nine Months Ended November 2015; Revised Earnings Guidance for the Year Ending February 2016