EGuarantee, Inc. Provides Consolidated Earnings Guidance for the First Six Months and Year Ending March 31, 2022
May 14, 2021 at 02:30 am
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eGuarantee, Inc. provided consolidated earnings guidance for the first six months and year ending March 31, 2022. For the first six months ending September 30, 2021, the company expected net sales of JPY 4,000 million, operating profit of JPY 1,780 million and profit attributable to owners of parent of JPY 1,150 million or JPY 25.15 per basic share.
For the year ending March 31, 2022, the company expected net sales of JPY 8,500 million, operating profit of JPY 3,720 million and profit attributable to owners of parent of JPY 2,400 million or JPY 52.48 per basic 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.