CTS Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2021
May 06, 2021 at 12:30 am
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CTS Co., Ltd. announced consolidated earnings results for the year ended March 31, 2021. For the year, the company reported Net sales of JPY 9,968 Million compared to JPY 9,172 Million a year ago. Operating profit was JPY 2,228 Million compared to JPY 1,852 Million a year ago. Ordinary profit was JPY 2,127 Million compared to JPY 1,818 Million a year ago. Profit attributable to owners of parent was JPY 1,456 Million compared to JPY 1,248 Million a year ago. Earnings per share was JPY 34.14 compared to JPY 29.24 a year ago.
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.