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Tbs Holdings (9401) · InitiativeAdvancedLatest Financial Results Presentation (2026-08-06): "Other"

Improving profitability in the retail and cosmetics businesses through better cost ratios and expanded sales of hit products

First written in FY2017-Q3. 11 of 30 entries say "Advanced", first in FY2017. Latest entry: 2026-08-06.

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ProgressHeldSoftenedWorseOtherFY2018-Q3 – FY2020RestatedFY2025-H1 – FY2026-H12017: 420172018: 320182019: 220192020: 420202021: 420212022: 320222023: 320232024: 220242025: 120252026: 42026
Same theme, other companies
Profit Improvement through High-Value-Added Product Sales and Production Efficiency ImprovementsA theme 60 companies write about · 1 as a headwind · 62 as a tailwind

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

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.
Showing 14 of the 60 companies compared. The sentences above are computed from all 60.
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  1. FY2026AdvancedAnnual report

    「The Beauty & Wellness business reported higher revenue and profit as Kansosan grew and its core product Saborino performed steadily, among other factors. As a result, Styling Life Group as a whole also reported higher revenue and profit.」

    Core and new cosmetics products grew, resulting in higher revenue and profit for Styling Life Group as a whole.
  2. 2026-05-14AdvancedRevisions to earnings forecasts

    「In the StylingLife Group, Plaza Style Company, the core general-merchandise retail business, recorded higher revenue and profit as the growth in hair-care-related and character merchandise more than offset increases in personnel expenses, store-opening costs and other expenses. In the beauty and wellness business, BCL Company, which develops, manufactures and sells cosmetics, recorded higher revenue and profit, owing to growth in its “Kansosan” product as well as steady performance by its core “Saborino” product.」

    In the retail and cosmetics businesses, growth in merchandise led to higher revenue and profit for the StylingLife Group as a whole.
  3. FY2026-H1Retail and cosmetics businesses report higher revenue but lower profit due to higher costsAnnual report

    「Plaza Style Company, the core general merchandise retail business, reported higher revenue as heat-relief products developed in response to rising temperatures and character products grew, among other factors. However, profit declined as personnel expenses and store-opening costs came ahead of revenue. The Beauty & Wellness business also reported higher revenue but lower profit. BCL Company's core products, including Saborino and Kansosan, grew, but promotional expenses to strengthen brand awareness also increased.」

    Heat-relief products, character products and core cosmetics grew, but profit declined due to higher personnel expenses, store-opening costs, promotional expenses and other factors.
  4. FY2025-H1RestatedAnnual report

    「The Beauty & Wellness business reported higher revenue and profit due to growth in BCL Company's core brands and new products, among other factors. As a result, Styling Life Group as a whole also reported higher revenue and profit.」

    Growth in BCL Company's core brands and new products continued to support higher revenue and profit in the cosmetics business and Styling Life Group as a whole.
  5. FY2024AdvancedAnnual report

    「Domestic and overseas sales at BCL Company, which develops, manufactures and sells cosmetics, remained strong, resulting in higher revenue and profit in the Beauty & Wellness business. As a result, Styling Life Group as a whole also reported higher revenue and profit.」

    Strong domestic and overseas sales at BCL Company and higher revenue and profit at Plaza Style continued to improve earnings in the Lifestyle business.
  6. FY2024-Q2AdvancedAnnual report

    「The Beauty & Wellness business reported higher revenue and profit for Styling Life Group as a whole because domestic and overseas sales at BCL Company, which develops, manufactures and sells cosmetics, remained strong, and CP Cosmetics performed steadily.」

    Strong domestic and overseas sales at BCL Company and steady performance at CP Cosmetics resulted in higher revenue and profit for Styling Life Group as a whole.
  7. FY2024-Q1Lower profit due to higher costs as customer traffic recoveredAnnual report

    「Plaza Style Company, the core general merchandise retail business, reported higher revenue as customer traffic recovered following the lifting of calls for voluntary restraint related to COVID-19, but profit declined due to a higher cost ratio, increased store operating costs and other factors.」

    In addition to the earlier recovery in customer traffic and improvement in retail, higher costs of sales and store operating costs became factors behind the decline in profit.
  8. FY2023-Q3RestatedAnnual report

    「In the Beauty & Wellness business, BCL Company develops, manufactures and sells cosmetics, and difficult conditions continue. At CP Cosmetics Co., Ltd., cosmetics sales increased, but the business as a whole reported lower revenue and profit due to higher promotional expenses and other factors. Meanwhile, Plaza Style Company, the core general merchandise retail business, reported substantial increases in revenue and profit as customer traffic recovered following the lifting of calls for voluntary restraint related to COVID-19. As a result, Styling Life Group as a whole reported higher revenue and profit.」

    While BCL Company and CP Cosmetics continued to struggle, the pattern in which higher revenue and profit at Plaza Style drove the group as a whole continued.
  9. FY2023-Q2Signs of a recovery in overseas sales, but cosmetics and other products remained challengingAnnual report

    「The Beauty & Wellness business includes BCL Company, which develops, manufactures and sells cosmetics. Although overseas sales, which had declined, have begun to show signs of recovery, difficult conditions continue. At CP Cosmetics Co., Ltd., cosmetics sales increased, but the business as a whole reported lower revenue and profit due to higher promotional expenses and other factors. Meanwhile, Plaza Style Company, the core general merchandise retail business, reported substantial increases in revenue and profit as customer traffic recovered following the lifting of calls for voluntary restraint related to the infectious disease. As a result, Styling Life Group as a whole reported higher revenue and profit.」

    Although BCL Company's overseas sales showed signs of recovery, the cosmetics business as a whole continued to report lower revenue and profit due to higher promotional expenses and other factors, while higher revenue and profit at Plaza Style drove the group as a whole.
  10. FY2023-Q1Plaza records higher revenue and profit, while cosmetics and other businesses struggleAnnual report

    「Within the StylingLife Group, Light Up Shopping Club, the mail-order business, recorded lower revenue and profit as orders normalized after strong performance in the previous year. In the Beauty & Wellness business, BCL Company, which develops, manufactures and sells cosmetics, struggled both domestically and overseas. CP Cosmetics recorded lower revenue and profit for the business as a whole because, despite an increase in cosmetics sales, promotional expenses and other costs rose. Meanwhile, Plaza Style Company, the core general merchandise retail business, recorded a sharp increase in revenue and profit as customer traffic recovered following the lifting of requests for voluntary restraint, resulting in higher revenue and profit for the StylingLife Group as a whole.」

    Although the mail-order and cosmetics businesses reported lower revenue and profit and struggled in Japan and overseas, higher revenue and profit at Plaza Style Company resulted in higher revenue and profit for the group as a whole.
  11. FY2022AdvancedAnnual report

    「Revenue in the Lifestyle business segment for the fiscal year was ¥61.023 billion, up 9.0% year on year, and operating profit was ¥2.362 billion, up 740.5%.」

    The Lifestyle business recorded a sharp increase in profit, driven by a recovery in store traffic, seasonal gifts, growth in customer numbers and average customer spend in the mail-order business, and a recovery in the domestic cosmetics business.
  12. FY2022-Q2AdvancedAnnual report

    「The company determined that structural reform was essential at StylingLife Holdings, a group company, to rebuild the earnings base and improve management efficiency, and invited applications for voluntary retirement. Early retirement premiums and other payments are special retirement allowances and other costs incurred in connection with the voluntary retirement program.」

    The company recorded ¥1,176 million in early retirement premiums and other payments as business-structure improvement expenses in connection with voluntary retirement intended to rebuild the earnings base and improve management efficiency.
  13. FY2022-Q1AdvancedAnnual report

    「The company determined that structural reform was essential at StylingLife Holdings, a group company, to rebuild the earnings base and improve management efficiency, and invited applications for voluntary retirement.」

    As a measure to improve profitability in the Lifestyle business, the voluntary retirement program intended to rebuild the earnings base and improve management efficiency was recognized as an extraordinary loss for the quarter.
  14. FY2021AdvancedAnnual report

    「At a board meeting held on 26 March 2021, StylingLife Holdings resolved to invite applications for voluntary retirement, and the application period ended on 26 May 2021.」

    To rebuild the earnings base and improve management efficiency in the Lifestyle business, the company implemented a voluntary retirement program, with 78 applicants and costs expected to be approximately ¥1.2 billion.
  15. FY2021-Q3Revenue recovered, but profit declined because of store restrictionsAnnual report

    「Revenue recovered gradually, and the mail-order business, Light Up Shopping Club, recorded higher revenue. However, temporary store closures and reduced operating hours at the core retail business, Plaza Style Company, had a significant impact. Despite efforts to reduce expenses thoroughly through cost cuts, profit declined.」

    While mail-order revenue increased and sales recovered, profit declined despite expense reductions because of the impact of temporary store closures and reduced operating hours.
  16. FY2021-Q2RestatedAnnual report

    「Styling Life Holdings Co., Ltd. worked to reduce expenses through rigorous cost-cutting as sales gradually began to recover after the government lifted the state of emergency. However, difficult conditions continued, particularly at stores in its core retail business, "PLAZA STYLE COMPANY," while inbound sales in its cosmetics business, "BCL COMPANY," fell sharply, resulting in lower revenue and profit.」

    Although the company worked to reduce expenses through cost cuts, the difficult conditions in the store business and the sharp drop in inbound sales prevented an improvement in profitability, resulting in lower revenue and profit.
  17. FY2021-Q1WorsenedAnnual report

    「Styling Life Holdings Co., Ltd. was forced to temporarily close stores in its core retail business, "PLAZA STYLE COMPANY," following the government's declaration of a state of emergency in April. In addition, inbound sales in its cosmetics business, "BCL COMPANY," fell sharply, resulting in substantial declines in revenue and profit.」

    The previous trend of improving profitability in the cosmetics and retail businesses turned into a sharp decline in revenue and profit because of store closures and a steep drop in inbound sales.
  18. FY2020Lower revenue and profit due to sluggish consumption and difficulties in overseas expansionAnnual report

    「At StylingLife Holdings, cosmetics sales at the core retail business, Plaza Style Company, remained strong, but general merchandise and apparel performed poorly, partly because of the unusually warm winter. In the cosmetics business, BCL Company struggled with overseas sales, particularly in China and other Asian markets. Revenue and profit declined because consumption fell after the consumption tax increase and, more recently, the spread of COVID-19 had a severe impact on sales activities.」

    Although cosmetics remained partly strong, revenue and profit declined because of the unusually warm winter, weak general merchandise and apparel sales, difficulties selling in China and other Asian markets, sluggish consumption, and the impact of the infectious disease.
  19. FY2020-Q3Lower revenue and profit due to difficulties in overseas expansion and a higher cost ratioAnnual report

    「At StylingLife Holdings, cosmetics sales at the core retail business, Plaza Style Company, remained strong, but revenue and profit declined because overseas expansion by BCL Company struggled and the cost ratio in the cosmetics business increased.」

    While cosmetics sales in the retail business remained strong, the Lifestyle business recorded lower revenue and profit because of difficulties with BCL Company's overseas expansion and a higher cost ratio in the cosmetics business.
  20. FY2020-Q2Higher Revenue and Lower Operating ProfitAnnual report

    「StylingLife Holdings recorded higher revenue as cosmetics sales at the core retail business, Plaza Style Company, and apparel sales at the mail-order business, Light Up Shopping Club, increased. Profit declined because of higher selling expenses at CP Cosmetics, which operates the cosmetics business.」

    While higher cosmetics and apparel sales resulted in higher revenue, profit declined because of increased selling expenses at CP Cosmetics.
  21. FY2020-Q1Higher Revenue and Lower Operating ProfitAnnual report

    「StylingLife Holdings recorded higher revenue as cosmetics sales at the core retail business, Plaza Style Company, and apparel sales at the mail-order business, Light Up Shopping Club, increased. Profit declined because of higher selling expenses at CP Cosmetics, which operates the cosmetics business.」

    While higher cosmetics and apparel sales resulted in higher revenue, operating profit declined 32.1% year on year because of increased selling expenses at CP Cosmetics.
  22. FY2019-Q2RestatedAnnual report

    「In the cosmetics business, revenue grew substantially both in Japan and overseas, centered on major hit products, while sales of renewed products for salons were strong.」

    The company continues to report higher revenue and profit for the StylingLife Group, centered on sales of major hit cosmetics products and renewed products.
  23. FY2019-Q1RestatedAnnual report

    「The StylingLife Group recorded higher revenue and profit. At the core retail business, Plaza Style Company, apparel sales, including spring and summer items, increased because of warm weather, while cosmetics also remained strong, resulting in higher revenue. Profit increased as gross profit rose. In the cosmetics business, revenue grew substantially both in Japan and overseas, centered on major hit products, and sales of renewed products for salons were strong.」

    The company continues to report higher revenue and profit through strong apparel and cosmetics sales, increased gross profit, domestic and overseas sales of major hit products, and sales of renewed products.
  24. FY2018-Q3RestatedAnnual report

    「The StylingLife Group recorded higher revenue and profit, led by the cosmetics business, which remained strong, centered on major hit products. The core retail business, Plaza Style Company, also recorded higher revenue as cosmetics sales remained strong, and secured higher profit.」

    The company continues to explain that the StylingLife Group and its retail business recorded higher revenue and profit, underpinned by strong performance in the cosmetics business and major hit products.
  25. FY2018-Q2AdvancedAnnual report

    「The StylingLife Group recorded higher revenue and profit. At the core retail business, Plaza Style Company, cosmetics and general merchandise remained strong, while the decline in apparel narrowed, resulting in higher revenue. Profit increased through an improved cost ratio. The cosmetics business remained strong as domestic and overseas sales of its products expanded.」

    Higher cosmetics and general merchandise sales and a narrower decline in apparel resulted in higher revenue, while an improved cost ratio and expanded domestic and overseas cosmetics sales secured higher profit.
  26. FY2018-Q1AdvancedAnnual report

    「The StylingLife Group recorded higher revenue and profit. At the core retail business, Plaza Style Company, cosmetics and general merchandise performed well and offset continued weakness in apparel, resulting in higher revenue. Profit also increased through inventory control and a review of the cost ratio. The cosmetics business remained strong on expanded sales of hit products.」

    The company states that strong cosmetics and general merchandise sales, inventory control, a review of the cost ratio, and expanded sales of hit products resulted in higher revenue and profit.
  27. FY2017AdvancedAnnual report

    「The StylingLife Group recorded higher revenue and profit. At the core retail business, Plaza Style Company, apparel struggled amid the downturn in the apparel industry, but cosmetics and general merchandise performed well, securing revenue at around the previous year's level. Profit increased as the company focused on cost control. The cosmetics business remained strong on expanded sales of hit products.」

    The company states that strong cosmetics and general merchandise sales, cost control, and expanded sales of hit products resulted in higher revenue and profit for the group as a whole.
  28. FY2017-Q3First statedAnnual report

    「Although total revenue declined because of the liquidation of a group company, improved margins secured higher profit. At the core retail business, Plaza Style Company, cosmetics sales remained firm, but revenue declined as apparel and food performed poorly and consumer sentiment toward events such as Halloween and Christmas weakened. Profit nevertheless increased because of an improved cost ratio. The cosmetics business remained strong on expanded sales of hit products.」

    Against lower revenue resulting from the liquidation of a group company, the company cites an improved cost ratio and expanded sales of hit products as measures that secured profit and maintained strong performance.
Moved together

"Increase in investment securities and net assets from unrealized gains on shares held" moved the same way as this thread, in the same document, in 11 of its 30 moves.

1187766★123456
  1. ★This thread
  2. 1Increase in investment securities and net assets from unrealized gains on shares held11×
  3. 2Development of Film and Cultural Businesses Through Film Releases, Art Exhibitions and Stage Performances8×
  4. 3Trends in TBS Television’s Time and Spot Advertising Sales7×
  5. 4Expansion of content revenue, including advertising revenue from free video streaming7×
  6. 5Risk of fluctuations in television revenue linked to domestic economic conditions and advertisers’ performance6×
  7. 6Diversifying earnings capacity through strategic investment and new business development6×

★ 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.

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No upcoming earnings preview for Tbs Holdings yet. It last moved in the Financial Results Presentation of 2026-08-06: "Other".
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Improving profitability in the retail and cosmetics businesses through better cost ratios and expanded sales of hit products | TBS HOLDINGS,INC. (9401) | Komori