Valtes Co., Ltd. Provides Earnings Guidance for Fiscal Year Ending March 2022
November 24, 2021 at 01:30 am
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Valtes Co., Ltd. provided earnings guidance for fiscal year ending March 2022. For the year, the company expected net sales to increase by 22.5% YoY to JPY 6.451 billion. Operating income is expected to increase 34.8% YoY to JPY 464 million. Net income is expected to increase by 23.7% to JPY 350 million.
Valtes Holdings Co Ltd, formerly Valtes Co Ltd, is a Japan-based company mainly provides software testing services, web/mobile application development services, and offshore services. The Company operates through three segments. The Software Testing Services segment provides manufacturers and software vendor clients with effective testing services from a third-party neutral standpoint by accurately following up on a wide range of activities, including test planning, test design, test case creation, test execution, and test summary reports. The Web/Mobile Application Development Services segment provides web/mobile app development and web security diagnosis (vulnerability diagnosis) for web apps and mobile apps. In the Offshore Services segment, the Company's group company, VALTES Advanced Technology, Inc. provides testing services and contracted system development to support client companies in improving the quality of their products by sharing its know-how with group companies.