TSI Holdings Co (JP:3608) has released an update.
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TSI Holdings Co. has revised its second-quarter earnings forecast due to a post-March sales rebound and effective cost control measures, despite facing challenges from unfavorable weather, yen depreciation, and rising material costs. The company’s operating profit is now projected to be 730 million yen higher than previously forecasted, but the overall interim net loss remains unchanged at 900 million yen. No adjustments have been made to the full-year consolidated earnings forecast amidst ongoing structural reforms.
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