Nippon Signal Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
May 14, 2024 at 02:00 am
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Nippon Signal Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales to be JPY 100,000 million. Operating profit to be JPY 8,000 million.
Profit attributable to owners of parent to be JPY 5,700 million. Basic earnings per share to be JPY 91.39.
Nippon Signal Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of railway signals, smart roads, automatic toll collection (AFC), smart parks and other business activities. The Company operates through two business segments. The Transport Infrastructure segment is mainly engaged in the manufacture, sale and maintenance of railway signal security equipment and road traffic safety systems. The Information and Communication Technology (ICT) Solution segment is mainly engaged in the manufacture, sale and maintenance of AFC equipment and parking equipment. Through its subsidiaries, the segment is also involved in the maintenance, design and sale of electrical products, the development of software, the provision of non-life insurance agency services, the editing of technological information, as well as the maintenance and construction of train station equipment, among others.