EGuarantee, Inc. Provides Consolidated Earnings Guidance for the First Half of 2020 and Full Year Ending March 31, 2021
August 07, 2020 at 02:30 am
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eGuarantee, Inc. provided consolidated earnings guidance for the first half of 2020 and full year ending March 31, 2021. For the first half of fiscal 2020, the company expects net sales of JPY 3,500 million, operating profit of JPY 1,440 million, profit attributable to owners of parent of JPY 950 million or JPY 22.35 per share.
For the full year ending March 31, 2021, the company expects net sales of JPY 7,700 million, operating profit of JPY 2,980 million, profit attributable to owners of parent of JPY 1,950 million or JPY 45.88 per share.
eGuarantee, Inc. is a Japan-based company engaged in the credit guarantee business. The Company is involved in the analysis and screening of information based on the corporate credit information database, as well as the promotion of liquidation for transference of credit risks. The Company provides guarantee services for industrial corporations, including the entrusted business for risks with bad debts, such as trading and contract agreements, as well as guarantee services for financial corporations, including the entrusted businesses for risks with financial obligations, advanced payment debts and repayment claims. The Company operates its business through community banks, major city banks, trust banks, security companies, commercial firms, major financial institutions, leasing companies, nonbanks, and insurance agents in Tokyo, Osaka, Kyushu and Nagoya Prefectures.
EGUARANTEE, INC. 
