EGuarantee, Inc. Provides Consolidated and Non-Consolidated Earnings Guidance for the First Half of 2021 and Full Year Ending March 31, 2021
May 13, 2020
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eGuarantee, Inc. provided consolidated and non-consolidated earnings guidance for the first half of 2021 and full year ending March 31, 2021. For the first half of 2021, on consolidated basis, the company expects net sales to be JPY 3,500 million, operating profit to be JPY 1,440 million, profit attributable to owners of parent to be JPY 950 million and earnings per share was JPY 22.35.
For the full year of 2021, on consolidated basis, the company expects net sales to be JPY 7,700 million, operating profit to be JPY 2,980 million, profit attributable to owners of parent to be JPY 1,950 million and earnings per share was JPY 45.88.
For the first half of 2021, on non-consolidated basis, the company expects net sales to be JPY 3,700 million, profit to be JPY 950 million and earnings per share was JPY 22.35.
For the full year of 2021, on non-consolidated basis, the company expects net sales to be JPY 8,000 million, profit to be JPY 1,950 million and earnings per share was JPY 45.88.
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.