TSI Holdings Co AI Stock Analysis
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TSI Holdings Co (3608) AI Stock Analysis
TSI Holdings Co
(TSE/TYO:3608)
The overall score is constrained by very weak cash flow generation, which is a critical risk factor. While the company has a strong, low-debt balance sheet and an attractive dividend yield, the persistent inability to generate positive operating cash flow undermines financial sustainability. Technical trends are also slightly negative, adding to the cautious outlook.
TSI Holdings Co (3608) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 462.70M
- Dividend Yield
- 3.31%
- Average Volume (3M)
- 408.82K
- Price to Earnings (P/E)
- 19.4
- Beta (1Y)
- 0.35
- Revenue Growth
- 28.66%
- EPS Growth
- -75.08%
- Country
- Japan
- Employees
- 4,108
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Apparel - Manufacturers
TSI Holdings Co Business Overview & Revenue Model
Company Description
TSI Holdings Co.,Ltd. is a Japan-based international company specializing in the planning, manufacturing, distribution, and import of clothing, featuring both men's and women's apparel. Beyond its core fashion activities, the company extends its oper...
How the Company Makes Money
TSI Holdings makes money primarily by selling apparel and fashion-related goods under its owned and managed brands. Its core revenue stream is product sales through (1) directly operated retail stores, where it captures full retail margin, and (2) e-...
TSI Holdings Co Financial Statement Overview
Summary
Financial performance is mixed. The balance sheet is solid with low debt (score 65), but income is volatile with thin margins (score 45), and cash flow is critically weak with persistent negative operating and free cash flow (score 20). The inability to convert profits into cash is a major concern.
Income Statement
45NeutralBalance Sheet
65PositiveCash Flow
20Very Negative| Breakdown | TTM | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 189.82B | 167.09B | 156.61B | 155.38B | 154.46B | 140.38B |
| Gross Profit | 100.23B | 89.96B | 80.36B | 81.13B | 81.08B | 72.45B |
| EBITDA | 11.36B | 9.71B | 5.33B | 5.41B | 6.26B | 8.88B |
| Net Income | 3.60B | 3.79B | 15.23B | 4.85B | 3.06B | 1.02B |
Balance Sheet | ||||||
| Total Assets | 177.61B | 174.20B | 141.16B | 133.46B | 135.43B | 140.44B |
| Cash, Cash Equivalents and Short-Term Investments | 32.01B | 28.48B | 46.33B | 27.47B | 32.20B | 40.23B |
| Total Debt | 52.06B | 44.81B | 1.66B | 9.96B | 9.77B | 16.18B |
| Total Liabilities | 85.94B | 74.88B | 32.92B | 36.04B | 36.55B | 42.70B |
| Stockholders Equity | 91.67B | 99.32B | 107.91B | 97.08B | 98.48B | 97.21B |
Cash Flow | ||||||
| Free Cash Flow | 0 | -10.19B | 3.28B | -2.85B | -1.15B | 257.00M |
| Operating Cash Flow | 0 | -7.72B | 5.72B | -525.00M | 1.33B | 1.38B |
| Investing Cash Flow | 0 | -27.35B | 28.33B | 3.50B | -110.00M | -3.98B |
| Financing Cash Flow | 0 | 17.00B | -15.13B | -7.25B | -9.59B | -8.96B |
TSI Holdings Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3608, the sentiment is Positive. The current price of 1209.00 is above the 20-day moving average (MA) of 1185.60, below the 50-day MA of 1210.78, and above the 200-day MA of 1180.67, indicating a neutral trend. The MACD of -3.87 indicates Negative momentum. The RSI at 53.17 is Neutral, neither overbought nor oversold. The STOCH value of 68.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3608.
TSI Holdings Co Peers Comparison
Overall Rating
JP:801177Outperform
JP:268570.25Outperform
JP:998263Neutral
JP:300259Neutral
JP:359152Neutral- JP:360850Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:8011 | 77Outperform | JPY 38.35B | 10.36 | ― | 7.90% | -3.87% | 24.45% |
| JP:2685 | 70Outperform | JPY 146.60B | 15.91 | 11.39% | 2.76% | 2.97% | 9.44% |
| JP:9982 | 63Neutral | JPY 22.95B | 14.11 | ― | 1.79% | -0.31% | 8.51% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| JP:3002 | 59Neutral | JPY 129.51B | 24.98 | 4.97% | 3.36% | -3.94% | 113.82% |
| JP:3591 | 52Neutral | JPY 188.93B | 164.50 | 0.49% | 2.73% | 4.97% | -52.98% |
| JP:3608 | 50Neutral | JPY 69.74B | 19.41 | 3.79% | 3.31% | 28.66% | -75.08% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:3608 | TSI Holdings Co | 1209.00 | 259.05 | 27.27% | |
| JP:3002 | Gunze | 4340.00 | 582.93 | 15.52% | |
| JP:3591 | WACOAL HOLDINGS CORP | 3665.00 | -1285.92 | -25.97% | |
| JP:2685 | Adastria Co.,Ltd. | 3260.00 | 517.52 | 18.87% | |
| JP:8011 | Sanyo Shokai Ltd. | 1258.00 | 180.72 | 16.78% | |
| JP:9982 | Takihyo Co., Ltd. | 2800.00 | 792.27 | 39.46% |
TSI Holdings Co Corporate Events
TSI Holdings Sets Calendar for First-Half FY2027 Results and Structural Reform Review
TSI Holdings Co., Ltd., a fashion and lifestyle retailer, structures its business across various sales channels, including brick-and-mortar outlets and digital platforms. The company’s operations are aligned with a fiscal year ending in February, ref...
TSI Holdings Sets ¥7.9 Billion Price for Toyo Enterprise and Lei Lani Acquisitions
TSI Holdings Co., Ltd., a Tokyo Stock Exchange Prime Market-listed fashion and apparel group, continues to grow through acquisitions of complementary businesses in Japan and abroad. The company manages multiple brands and subsidiaries, aiming to rein...
TSI Holdings Sets EGM to Approve Joint Holding Company with World Co.
TSI Holdings has resolved to convene an extraordinary general meeting of shareholders on December 24, 2026, with October 31, 2026 set as the record date for determining voting rights. Shareholders will be asked to approve a share transfer plan to for...
World and TSI Holdings to Form INFINITY UNITED in Joint Fashion Integration
World Co., Ltd. and TSI Holdings Co., Ltd. have agreed to integrate their businesses under a new joint holding company, INFINITY UNITED Inc., via a joint share transfer scheduled to take effect on March 1, 2027, subject to shareholder and regulatory...
TSI Holdings Beats Profit Forecast on Dividend Income Despite Softer Sales
TSI Holdings reported that net sales for the six months ended August 31, 2026 rose year on year but missed its April forecast, as record-warm early spring boosted demand for spring merchandise while adverse weather from June dampened summer sales. De...
TSI Holdings Delivers Strong Sales Growth But Lower Profit as It Lifts Dividend Outlook
TSI Holdings reported consolidated net sales of ¥88,905 million for the six months ended August 31, 2026, up 34.4% year on year, with operating income rising 55.5% to ¥995 million and ordinary income climbing 44.7% to ¥1,929 million. Despite these ga...
TSI Holdings Posts Strong September Sales as Fall Demand and New Subsidiaries Lift Growth
TSI Holdings reported September 2026 retail sales at 109.0% year-on-year for both all retail channels and existing retail channels in Japan, with physical stores and e-commerce each posting gains. Excluding the contribution of newly consolidated Wate...
TSI Holdings Delivers Strong August Sales on Full-Price Apparel Demand
TSI Holdings reported robust August 2026 sales, with all retail channels up 43.1% year-on-year and existing retail channels up 5.1%, driven largely by strong full-price sales of late-summer and early-fall items amid cooler-than-usual temperatures. Wh...
TSI Holdings July Sales Jump as Core Brands and Store Recovery Drive Growth
TSI Holdings reported strong sales momentum in July 2026, with all retail channels posting 151.1% year-on-year growth and existing retail channels up 105.5%, reflecting robust demand across its fashion store network and online operations. Physical st...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 07, 2026