EGuarantee, Inc. Provides Consolidated Earnings Guidance for the First Half and Full Year Ending March 31, 2023
May 13, 2022 at 06:15 am EDT
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eGuarantee, Inc. provided consolidated earnings guidance for the first half and full year ending March 31, 2023. For the first half, the company expects net sales to be JPY 4,100 million. Operating profit to be JPY 1,980 million. Profit attributable to owners of parent to be JPY 1,300 million. Basic earnings per share to be JPY 27.75.
For the full year, the company expects net sales to be JPY 8,800 million. Operating profit to be JPY 4,150 million. Profit attributable to owners of parent to be JPY 2,750 million. Basic earnings per share to be JPY 58.70.
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. 
