CTS Co.,Ltd.

4345 株式会社シーティーエス

Rental & Leasing Services · Prime

PRICE: ¥827 · MKT CAP: ¥34.2B · P/E: 12.7x · P/B: 2.17x · DIV YIELD: 3.0%

PRICE — 5Y

Characteristics & Business Summary

CTS Co., Ltd. primarily engages in the provision of ICT construction services for the construction industry in Japan. The company also offers cloud storage services; mobaden, a mobile fixed IP phone service for on-site offices; outdoor network construction...

Income Statement Highlights (¥ Million, except EPS/DPS in ¥)

Fiscal Period	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Net Sales	9,968	10,542	10,797	11,090	11,821	12,747	6,600
Operating Profit	2,228	2,628	2,691	2,865	3,077	3,369	1,640
Ordinary Profit	2,127	2,535	2,722	2,785	3,162	3,734	—
Net Profit	1,456	1,731	1,758	1,858	2,190	2,686	1,240
EPS	¥34	¥41	¥41	¥44	¥53	¥65	—
DPS	¥14	¥18	¥22	¥22	¥25	¥14	—

Balance Sheet & Valuation Highlights

Total Assets ¥21B

Net Assets (Equity) ¥16B

Equity Ratio 76.2%

ROE (Return on Equity) 20.4%

Cash & Equivalents ¥4B

Interest-Bearing Debt —

Capital Expenditure (CapEx) ¥0B

Depreciation & Amort. ¥1B

Major Shareholders

1. 有限会社横島 38.7%
2. Japan Master Trust Bank 9.8%
3. Japan Custody Bank 3.5%
4. THE BANK OF NEW YORK MELLON 2.6%
5. 株式会社八十二銀行 2.0%
6. Hikari Tsushin, Inc. 1.9%
7. KIA FUND 136 1.8%
8. 猪股和典 1.6%
9. Employee Stock Ownership Plan 1.3%
10. Nomura Trust and Banking Co., Ltd. 0.9%

Activist Activity

Fidelity Management Research Company LLC, FIAM LLC, Fidelity Management Trust Company 5.83%

2026-06-05 · increase

Fidelity Management and Research Company LLC and affiliated entities 3.68%

2026-06-05 · initial_5pct

YOKOSHIMA TAIZO 38.35%

2025-12-04 · change

YOKOSHIMA TAIZO 39.4%

2025-12-04 · change

FMR LLC 5.4%

2025-07-23 · initial_5pct

Historical Per-Share Data & Valuation Ratios

Per Share Metric	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues per share	¥234	¥249	¥255	¥262	¥286	¥309	—
FCF/Share	¥46	¥67	¥60	¥67	¥65	¥74	—
EPS	¥34	¥41	¥41	¥44	¥53	¥65	—
DPS	¥14	¥18	¥22	¥22	¥25	¥14	—
Capital Spending per share	¥9	¥1	¥1	¥3	¥3	¥7	—
Book Value per share	¥205	¥226	¥246	¥269	¥281	¥318	—
Common Shares Outstanding	43M	42M	42M	42M	41M	—	—

Financial Aggregates & Margins

Financial Aggregate	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Forecast
Revenues (Net Sales)	¥10B	¥11B	¥11B	¥11B	¥12B	¥13B	¥7B
Operating Margin (%)	22.4%	24.9%	24.9%	25.8%	26.0%	26.4%	24.8%
Net Profit (owners)	¥1B	¥2B	¥2B	¥2B	¥2B	¥3B	¥1B
Net Profit Margin (%)	14.6%	16.4%	16.3%	16.8%	18.5%	21.1%	18.8%
Working Capital	¥4B	¥3B	¥5B	¥5B	¥3B	¥2B	—
Total Debt (Interest-bearing)	¥0B	¥0B	¥0B	¥0B	¥0B	—	—
Net Worth (Common Equity)	¥9B	¥10B	¥10B	¥11B	¥12B	¥13B	—
Return on Total Assets (ROA)	11.1%	12.1%	11.9%	11.1%	12.8%	13.0%	—
Return on Common Equity (ROE)	16.6%	18.1%	16.8%	16.3%	18.9%	20.4%	—

Business Summary & Analysis

Capital Strategy Targets

No active capital policy disclosure records found.