TS TECH Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2024
May 12, 2023 at 02:00 am EDT
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TS TECH Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2024. For the first half period, the company expects to report revenue of JPY 191,000 million, operating income of JPY 5,700 million, net income of JPY 2,300 million, and basic earnings per share of JPY 10.19.
For the full year, the company expects to report revenue of JPY 410,000 million, operating income of JPY 20,000 million, net income of JPY 13,000 million, basic earnings per share of JPY 80.47.
TS TECH CO., LTD. is a Japan-based company mainly engaged in manufacture and sale of two-wheel vehicle seats and interior components. The Company operates in four segments. The Japan segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel vehicle seats and interior components. The Americas segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel vehicle seats and interior components. The China segment is engaged in the manufacture and sale of four-wheel vehicle seats and interior components. The Asia and Europe segment is engaged in the manufacture and sale of two-wheel vehicle seats and resin parts, four-wheel seats and interior components.