EGuarantee, Inc. Announces Consolidated and Non-consolidated Earnings Results for the Year Ended March 31, 2020
May 13, 2020
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eGuarantee, Inc. announces consolidated and nonconsolidated earnings results for the year ended March 31, 2020. For the period, the company reported net sales of JPY 5,956,734,000 against JPY 5,573,474,000 a year ago. Operating profit was JPY 2,718,802,000 against JPY 2,512,246,000 a year ago. Profit was JPY 2,433,533,000 against JPY 1,762,701,000 a year ago. Profit attributable to owners of parent was JPY 2,301,198,000 against JPY 1,651,814,000 a year ago. Earnings per share was JPY 54.14 against JPY 39.11 a year ago. Diluted earnings per share was JPY 51.27 against JPY 37.65 a year ago.
For the period, on nonconsolidated basis, the company reported net sales of JPY 6,100 million against JPY 5,917 million a year ago. Operating profit was JPY 2,351 million against JPY 2,213 million a year ago. Profit was JPY 2,301 million against JPY 1,654 million a year ago. Earnings per share was JPY 54.15 against JPY 39.16 a year ago. Diluted earnings per share was JPY 51.28 against JPY 37.70 a year ago.
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. 
