EGuarantee, Inc. Announces Financial Results for the Period from April 01, 2020 to December 31, 2020
January 29, 2021 at 01:30 am EST
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eGuarantee, Inc. announced financial results for the period from April 01, 2020 to December 31, 2020. For the period, the company reported net sales of JPY 5,297 million against JPY 4,413 million a year ago. Operating profit was JPY 2,287 million against JPY 1,992 million a year ago. Profit attributable to owners of parent was JPY 1,495 million against JPY 1,772 million a year ago. Basic earnings per share were JPY 33.93 against JPY 41.70 a year ago. Diluted earnings per share were JPY 31.81 against JPY 39.48 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. 
