Komori
Tsi Holdings (3608) · InitiativeAdvanced

Business Restructuring Through Integration, Liquidation and Transfer of Subsidiary Shares

First written in FY2017-Q2. 24 of 29 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2027-H1.

29entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q3 – FY2022-Q2AdvancedFY2023-Q2 – FY2024AdvancedFY2025 – FY2027-H12016: 12017: 320172018: 320182019: 420192020: 220202021: 320212022: 420222023: 120232024: 420242025: 220252026: 22026
Same theme, other companies

The whole theme swung hardest in 2021: 1 of 7 companies on the "Worse" side.

3 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「During the current interim consolidated accounting period, Urth Caffe JAPAN㈱ was excluded from the scope of consolidation following the completion of its liquidation.」

    The scope of consolidation expanded through the acquisition of 東洋エンタープライズ and others, while Urth Caffe JAPAN was excluded following completion of its liquidation, marking progress in the group reorganization.
  2. 2026-04-10AdvancedEarnings

    「The company excluded TSI Sewing Co., Ltd. from the scope of consolidation after transferring all of the shares it held in that company.」

    The transfer and liquidation of shares in TSI Sewing and the company's exclusion from consolidation were recorded as completed during the fiscal year.
  3. FY2026-H1AdvancedAnnual report

    「During the interim consolidated accounting period, the Company transferred all of its shares in ㈱TSIソーイング effective 1 March 2025, and the company therefore ceased to qualify as a consolidated subsidiary of the Company. The Company transferred all of its shares in Efuego Corp. effective 31 March 2025, and the company therefore ceased to qualify as a consolidated subsidiary of the Company. AVIREX SHANGHAI TRADING CO.,LTD. completed its liquidation. 東京スタイル香港有限公司 was excluded from the scope of consolidation because it had become less material.」

    The transfer of shares in TSIソーイング and Efuego Corp., the liquidation of AVIREX SHANGHAI TRADING CO.,LTD. and the exclusion of 東京スタイル香港有限公司 from consolidation progressed, advancing business streamlining and the reorganisation of the scope of consolidation.
  4. FY2025AdvancedAnnual report

    「On 28 February 2025, the Company entered into an agreement to transfer all shares of ㈱TSIソーイング held through ㈱TSI, and completed the transfer effective 1 March of the same year.」

    As part of organisational reorganisation and business streamlining, the transfer of all shares in TSIソーイング was completed, and all shares in Efuego Corp. were also transferred. The transfer of all shares in トスカバノック was approved, advancing the streamlining of non-core businesses.
  5. FY2025-H1RestatedAnnual report

    「During the interim consolidated accounting period, ㈱ジャック, a consolidated subsidiary of the Company, conducted an absorption-type merger effective 1 March 2024, with ㈱ジャック as the surviving company and ㈱スタージョイナス, also a consolidated subsidiary of the Company, as the absorbed company.」

    It was reconfirmed that the absorption-type merger was conducted effective 1 March 2024, with ジャック as the surviving company and スタージョイナス as the absorbed company.
  6. FY2025-Q1RestatedAnnual report

    「㈱ジャック, a consolidated subsidiary of the Company, conducted an absorption-type merger effective 1 March 2024, with ㈱ジャック as the surviving company and ㈱スタージョイナス, also a consolidated subsidiary of the Company, as the absorbed company.」

    It was reconfirmed that the absorption-type merger was conducted effective 1 March 2024, with ジャック as the surviving company and スタージョイナス as the absorbed company.
  7. FY2024AdvancedAnnual report

    「At a meeting of the Board of Directors held on 12 January 2024, the Company resolved to conduct an absorption-type merger with its consolidated subsidiary ㈱ジャック as the surviving company and its consolidated subsidiary ㈱スタージョイナス as the absorbed company, and implemented the merger effective 1 March 2024.」

    With respect to subsidiary integration, the absorption-type merger was conducted effective 1 March 2024, with ジャック as the surviving company and スタージョイナス as the absorbed company.
  8. FY2024-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 12 January 2024, the Company resolved to conduct an absorption-type merger scheduled for 1 March 2024, with its consolidated subsidiary ㈱ジャック as the surviving company and its consolidated subsidiary ㈱スタージョイナス as the absorbed company.」

    With respect to subsidiary integration, an absorption-type merger scheduled for 1 March 2024 was approved, with ジャック as the surviving company and スタージョイナス as the absorbed company.
  9. FY2023-Q3AdvancedAnnual report

    「The Company newly established 台湾蒂斯愛股份有限公司 effective 5 September 2022. As the Company transferred all of its interest in 上海東之上時装商貿有限公司 effective 9 September 2022, the company ceased to qualify as a consolidated subsidiary of the Company.」

    As part of Group reorganisation, a new Taiwanese company was established, while all of the Company's interest in 上海東之上時装商貿有限公司 was transferred and the company was excluded from the scope of consolidation.
  10. FY2023-Q2AdvancedAnnual report

    「As TSI ASIA LIMITED had become less material, it was treated as a non-consolidated subsidiary. As VAN NANG BANOK CO.,LTD., invested in by the Company's consolidated subsidiary ㈱トスカバノック, had become more material, it was treated as a consolidated subsidiary.」

    As part of Group reorganisation, TSI ASIA LIMITED was removed from consolidation, while VAN NANG BANOK CO.,LTD. was made a consolidated subsidiary because its materiality increased.
  11. FY2023-Q1RestatedAnnual report

    「㈱TSI, a consolidated subsidiary of the Company, conducted an absorption-type merger effective 1 March 2022, with ㈱TSI as the surviving company and ㈱上野商会, also a consolidated subsidiary of the Company, as the absorbed company.」

    The absorption-type merger of 上野商会 by TSI was reconfirmed as a change in the scope of consolidation under the second stage of subsidiary integration.
  12. FY2022AdvancedAnnual report

    「Regarding ㈱上野商会, for which an absorption-type merger with ㈱TSI had been scheduled for 1 March 2022, an absorption-type merger was conducted with ㈱TSI as the surviving company.」

    As the second stage of subsidiary integration, the absorption-type merger of ㈱上野商会 by ㈱TSI was conducted effective 1 March 2022. However, the schedule for ジャック, アルページュ, スタージョイナス and アンドワンダー changed because infrastructure development was behind schedule.
  13. FY2022-Q3SoftenedAnnual report

    「The Company had stated that an absorption-type merger was scheduled for ㈱ジャック, ㈱アルページュ, ㈱スタージョイナス and ㈱アンドワンダー. However, because infrastructure development and standardisation are behind schedule, the schedule thereafter will be disclosed once determined.」

    While the first stage of subsidiary integration was completed, the subsequent schedule for the 4 planned companies remained undecided because infrastructure development and standardisation were behind schedule.
  14. FY2022-Q2AdvancedAnnual report

    「The Company's Board of Directors resolved to conduct an absorption-type merger scheduled for 1 March 2022, with ㈱TSI as the surviving company and the Company's consolidated subsidiaries ㈱上野商会, ㈱ジャック, ㈱アルページュ, ㈱スタージョイナス and ㈱アンドワンダー as the absorbed companies.」

    As the second stage following the integration of 9 subsidiaries in March 2021, the Company resolved to proceed with a plan to merge 5 companies into ㈱TSI, scheduled for 1 March 2022. The transfer of shares in スピックインターナショナル and アナディス and the completion of the liquidation of Laline Hawaii Corporation were also carried out.
  15. FY2022-Q1AdvancedAnnual report

    「During the first quarter consolidated accounting period, ㈱サンエー・ビーディー, a consolidated subsidiary of the Company, conducted an absorption-type merger in which ㈱サンエー・インターナショナル, ㈱TSIグルーヴアンドスポーツ, ㈱ナノ・ユニバース, ㈱アングローバル, ㈱ローズバッド, ㈱アイソラー and ㈱TSI EC ストラテジー, also consolidated subsidiaries of the Company, were the absorbed companies. In connection with the merger, ㈱サンエー・ビーディー changed its corporate name to ㈱TSI.」

    On 1 March and 12 March 2021, the first stage of organisational reorganisation through mergers between subsidiaries was implemented.
  16. FY2021-Q3AdvancedAnnual report

    「At a meeting of the Board of Directors held on 16 December 2020, the Company resolved to implement an organisational reorganisation in 3 planned stages, with the aim of integrating the apparel business companies into a single company, with completion scheduled for 1 March 2023.」

    The previous plan to reorganise and integrate subsidiaries took concrete form as a 3-stage plan to consolidate the apparel business companies into a single company in 2021, 2022 and 2023.
  17. FY2020AdvancedAnnual report

    「As ㈱アングローバル, a consolidated subsidiary of the Company, acquired all shares of ㈱アンドワンダー, the latter was included in the scope of consolidation. As the Company transferred all of its interest in 北京子苞米時装有限公司, the company was excluded from the scope of consolidation. As ㈱トスカバノック absorbed ㈱メックモールド in an absorption-type merger, ㈱メックモールド was excluded from the scope of consolidation. ㈱WAVE International, ㈱パルメル and ㈱SANEI BRANDS were excluded from the scope of consolidation following completion of their liquidations.」

    Group reorganisation, including the acquisition of アンドワンダー, the transfer of 北京子苞米, the absorption-type merger and the completion of the liquidations of 3 companies, progressed during the fiscal year.
  18. FY2020-Q3AdvancedAnnual report

    「㈱WAVE International, ㈱パルメル and ㈱SANEI BRANDS completed their liquidations.」

    The 3 companies were excluded from the scope of consolidation following completion of their liquidations, marking tangible progress in business reorganisation within the Group.
  19. FY2020-Q2AdvancedAnnual report

    「During the second quarter consolidated accounting period, ㈱WAVE International was excluded from the scope of consolidation following completion of its liquidation.」

    The disclosure describes the completion of the liquidations of ㈱WAVE International, ㈱パルメル and ㈱SANEI BRANDS, as well as the absorption-type merger of ㈱メックモールド by ㈱トスカバノック, indicating progress in business reorganisation within the Group.
  20. FY2020-Q1AdvancedAnnual report

    「As ㈱アングローバル, a consolidated subsidiary of the Company, acquired all shares of ㈱アンドワンダー effective 1 March 2019, the latter became a consolidated subsidiary of the Company. As the Company transferred all of its interest in 北京子苞米時装有限公司 effective 29 May 2019, the company ceased to qualify as a consolidated subsidiary of the Company. As ㈱TSIグルーヴアンドスポーツ, a consolidated subsidiary of the Company, transferred all of its shares in キャロウェイアパレル㈱ effective 31 May 2019, the company ceased to qualify as an equity-method affiliate of the Company.」

    In addition to the consolidation of アンドワンダー, 北京子苞米時装有限公司 was excluded from consolidation and キャロウェイアパレル was excluded from application of the equity method, advancing Group reorganisation through acquisitions and transfers.
  21. FY2019AdvancedAnnual report

    「㈱東京スタイル ended all business activities on 28 February 2019 by withdrawing from part of its operations and transferring its remaining operations to ㈱サンエー・インターナショナル.」

    The reorganisation of existing subsidiaries progressed, with the completion of business withdrawals and liquidations including the termination of all business activities by 東京スタイル, the dissolution of WAVE International, and the termination of all business activities by D.A.B.PASTRY.
  22. FY2019-Q3AdvancedAnnual report

    「上海賛英時装有限公司 and NANO UNIVERSE HONG KONG COMPANY LIMITED completed their liquidations.」

    The 2 companies were excluded from the scope of consolidation following completion of their liquidations. Group reorganisation also progressed through the consolidation of ㈱上野商会 and its subsidiaries.
  23. FY2019-Q2AdvancedAnnual report

    「During the second quarter consolidated accounting period, 上海東京時装銷售有限公司 was excluded from the scope of consolidation following completion of its liquidation.」

    Business reorganisation within the Group progressed through the completion of the liquidation of 上海東京時装銷售有限公司 and its exclusion from the scope of consolidation.
  24. FY2018AdvancedAnnual report

    「During the consolidated fiscal year, スタイル・デプト㈱ was excluded from the scope of consolidation following completion of its liquidation. The Company included the newly established TSI US Holdings Corp. in the scope of consolidation. As the Company acquired an interest in HUF Holdings, LLC, it included the company in the scope of consolidation.」

    Group reorganisation progressed through the liquidation of スタイル・デプト, the establishment of TSI US Holdings Corp., and the acquisition and consolidation of HUF Holdings, LLC.
  25. FY2018-Q3AdvancedAnnual report

    「㈱フォーラル changed its corporate name to ㈱エス・グルーヴ.」

    During the third quarter accounting period, an existing subsidiary changed its corporate name, advancing business reorganisation and streamlining within the Group.
  26. FY2018-Q2AdvancedAnnual report

    「スタイル・デプト㈱ completed its liquidation effective 25 July 2017.」

    Business reorganisation within the Group progressed with the completion of the liquidation of スタイル・デプト株式会社.
  27. FY2017AdvancedAnnual report

    「The Company has included the newly established ㈱アイソラー in the scope of consolidation. ㈱アイソラー was newly established effective 17 November 2016.」

    Group reorganisation progressed through the establishment of ㈱アイソラー and Urth Caffe JAPAN㈱, the consolidation of Laline Hawaii Corporation, and the exclusion of Planet Blue Japan and 蘇州東京時装有限公司 from the scope of consolidation.
  28. FY2017-Q3AdvancedAnnual report

    「The Company newly established ㈱SANEI BRANDS effective 31 October 2016. ㈱FREE'S INTERNATIONAL completed its liquidation effective 30 September 2016. ㈱フィット completed its liquidation effective 30 November 2016.」

    In addition to the establishment of the new company ㈱SANEI BRANDS, the disclosure describes the completion of the liquidations of ㈱FREE'S INTERNATIONAL and ㈱フィット, indicating progress in business reorganisation within the Group.
  29. FY2017-Q2First statedAnnual report

    「アナディス㈱ and ㈲シェ・アナン merged effective 1 June 2016. ㈱TOKYOSTYLEインプレスライン completed its liquidation effective 31 August 2016.」

    The disclosure describes business reorganisation within the Group, including the merger and liquidation of subsidiaries and the transfer of shares in ㈱スタイル運輸.
Moved together

"Acquisition of Treasury Shares" moved the same way as this thread, in the same document, in 13 of its 29 moves.

1312111088★123456
  1. ★This thread
  2. 1Acquisition of Treasury Shares13×
  3. 2Expanding the Brand Portfolio and Developing New Businesses through M&A12×
  4. 3Other Business Segment Turns Loss-Making11×
  5. 4Strengthening the E-commerce Business and Converting All Brand Sites to O2O10×
  6. 5Strengthening the Foundation of Existing Businesses and Building an Efficient Operating Platform8×
  7. 6Apparel-related business segment turns loss-making8×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Tsi Holdings yet. It last moved in the Earnings of 2026-04-10: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business Restructuring Through Integration, Liquidation and Transfer of Subsidiary Shares | TSI HOLDINGS CO.,LTD. (3608) | Komori