CTS Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023
November 01, 2022 at 02:30 am EDT
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CTS Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the year, the company's net sales to be ¥11,200 million. Operating profit to be ¥2,820 million.
Profit attributable to owners of parent to be ¥1,890 million or ¥44.60 earnings per share.
CTS Co., Ltd. is a Japan-based construction information and communication technology (ICT) company mainly engaged in the system and survey measurement business. The Company operates through three business segments. The System segment is engaged in the rental and sale of a complete set of information technology (IT) infrastructure such as fixed Internet protocol (IP) telephone service, line service, information sharing system, data backup service, network camera, cloud service and system equipment. The Surveying and Measurement segment is engaged in the rent and sale of i-Construction related systems such as one-man surveying systems, rolling control systems, three dimensions (3D) scanners, 3D measurement and data creation agency. The House Fixtures segment is engaged in the rent and sale of unit houses and fixtures. It is also engaged in the sale of road signs and their construction, and safety equipment.
CTS CO., LTD. 
