Net One Systems Co., Ltd. Revises Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2024
October 26, 2023 at 02:00 am EDT
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Net One Systems Co., Ltd. revised consolidated earnings guidance for the first half and fiscal year ending March 31, 2024. For the first half, the company expected revenue of JPY 93,000 million, operating income of JPY 6,300 million, net income attributable to owners of the parent of JPY 4,200 million and earnings per share of JPY 51.21 compared to previous guidance of revenue of JPY 93,000 million, operating income of JPY 8,500 million, net income attributable to owners of the parent of JPY 5,800 million and earnings per share of JPY 71.61.
For the fiscal year, the company expected revenue of JPY 201,000 million, operating income of JPY 16,500 million, net income attributable to owners of the parent of JPY 10,900 million and earnings per share of JPY 136.25 compared to previous guidance of revenue of JPY 220,000 million, operating income of JPY 24,600 million, net income attributable to owners of the parent of JPY 17,000 million and earnings per share of JPY 213.03.
Net One Systems Co.,Ltd. is a Japan-based company engaged in the system construction of information and communications technology (ICT) and related services. The Company operates in four segments. The ENT segment offers products and services to general private companies. The SP segment offers products and services to telecommunication companies. The PUB segment offers products and services to central ministries, municipalities and companies providing social infrastructure. The Partner segment offers specialized products and services in collaboration with partner companies. Other businesses include server services and others. The Company has two product groups, the equipment product group which is engaged in purchasing and sales of networks and platforms for ICT systems as well as service product group which provides support and services on equipment and systems.