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TSI Holdings Co. Transfers Subsidiary Shares to Focus on Core Apparel Business

Story Highlights

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

TSI Holdings Co. has decided to transfer shares of its subsidiary, Toska-Bano’k Co., Ltd., and its overseas subsidiaries to BCM36 Co., Ltd., as part of its strategic focus on core apparel operations and high-growth overseas ventures. This move is aligned with the company’s TIP27 plan to enhance competitiveness and corporate value by concentrating management resources on its primary business areas.

More about TSI Holdings Co

TSI Holdings Co. operates within the apparel industry, focusing on its core apparel business and high-growth overseas ventures. The company is restructuring its revenue model and refining its business strategy under its Medium-Term Management Plan, TIP27.

YTD Price Performance: 19.83%

Average Trading Volume: 934

Technical Sentiment Signal: Strong Sell

Current Market Cap: $517.7M

For detailed information about 3608 stock, go to TipRanks’ Stock Analysis page.

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