TSI Holdings Provides Consolidated Earnings Guidance for the Fiscal Year 2022
April 12, 2021 at 09:00 pm
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TSI Holdings provided consolidated earnings guidance for the fiscal year 2022. Net sales were JPY 152.4 billion, 113.7% of the previous year's level and 89.6% of the year before last. As for operating income, the company has a firm estimate of JPY 1.1 billion. The company also plan to achieve net income of JPY 1.66 billion. For the first half of the fiscal year, the company has made a conservative forecast, taking into account the impact of the Coronavirus, of 87.1% of sales compared to the previous two fiscal years, and an operating income of negative JPY 500 million. In the second half of the fiscal year, the company expects the market to recover to a certain level. The company is forecasting sales of 91.1% of the previous two fiscal year's level, and operating income of JPY 1.6 billion in the black.
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. 
