I Cubed Systems, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending June 30, 2023
May 11, 2023 at 12:30 pm IST
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i Cubed Systems, Inc. provided consolidated earnings guidance for the full year ending June 30, 2023. For the period the company expects net sales of JPY 2,734 million; operating profit of JPY 657 million; profit attributable to owners of the parent of JPY 452 million or JPY 85.76 basic earnings per share.
i Cubed Systems Inc is a Japan-based company mainly engaged in the provision of management services for managing mobile terminals as Software as a Service (SaaS), and the investing activities. The Company operates through two business segments. The CLOMO business segment provides functions for visualizing the usage status of mobile terminals, setting and restricting functions, and security measures as licenses, centered on CLOMO MDM, a mobile device management (MDM) service that centrally manages and operates mobile terminals and mobile personal computers (PCs). The CLOMO business segment also sells licenses for CLOMO SECURED APPs, which are applications for mobile terminals. The main services include CLOMO service and SECURED APPs service. The Investment Business segment is engaged in investment activities through corporate venture capital (CVC) and mergers and acquisitions (M&A). The main investment targets include mobile, SaaS, security and others.