Eguarantee, Inc. Announces Consolidated Earnings Results for the Fiscal Year Ended March 31, 2021
May 14, 2021 at 02:30 am
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eGuarantee, Inc. announced consolidated earnings results for the fiscal year ended March 31, 2021. For the year, the company announced net sales of JPY 7,194 million compared to JPY 5,956 million a year ago. Operating profit was JPY 3,088 million compared to JPY 2,718 million a year ago. Profit attributable to
owners of parent was JPY 2,004 million compared to JPY 2,301 million a year ago. Basic earnings per share was JPY 45.12 compared to JPY 54.14 a year ago. Diluted earnings per share was JPY 42.51 compared to JPY 51.27 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.