TS TECH Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023
November 11, 2022 at 02:00 am EST
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TS TECH Co., Ltd. revised consolidated earnings guidance for the year ending March 31, 2023, For the year, the company expects revised revenue of JPY 415,000 million, operating income of JPY 20,000 million, net income of JPY 15,100 million and basic earnings per share of JPY 72.76 compared to previously expected revenue of JPY 380,000 million, operating income of JPY 17,500 million, net income of JPY 12,500 million and basic earnings per share of JPY 63.84.
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.