EGuarantee, Inc. Provides Earnings Guidance for the Six Months Ending September 30, 2023, and the Year Ending March 31, 2024
May 12, 2023 at 02:30 am EDT
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eGuarantee, Inc. provided earnings guidance for the six months of fiscal 2024 and the year ending March 31, 2024. For the six months of fiscal 2024, the company expects net sales of ¥4,600 million, an Operating profit of ¥2,300 million, Profit attributable to owners of the parent of ¥1,550 million or ¥32.65 basic per share.
For the year ending March 31, 2024, the company expects net sales of ¥9,500 million, an Operating profit of ¥4,800 million, Profit attributable to owners of the parent of ¥3,200 million or ¥67.41 basic per 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.
EGUARANTEE, INC. 
