EGuarantee, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022
July 30, 2021 at 07:55 am
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eGuarantee, Inc. provided consolidated earnings guidance for the six months ending September 30, 2021 and fiscal year ending March 31, 2022. For the six months, the company expects net sales to be JPY 4,000 million. Operating profit to be JPY 1,780 million. Profit attributable to owners of parent to be JPY 1,150 million. Basic earnings per share to be JPY 25.15.
For the year, the company expects net sales to be JPY 8,500 million. Operating profit to be JPY 3,720 million. Profit attributable to owners of parent to be JPY 2,400 million. Basic earnings per share to be JPY 52.48.
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.