EGuarantee, Inc. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2020
November 10, 2020 at 08:00 pm EST
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eGuarantee, Inc. reported consolidated earnings results for the Six months ended September 30, 2020. For the quarter, net sales were JPY 3,451 million against JPY 2,907 million reported a year ago. Operating profit was JPY 1,503 million against JPY 1,292 million reported a year ago. Ordinary Profit was JPY 1,511 million against JPY 1,305 million reported a year ago. Earnings per share was JPY 22.37 against JPY 27.46 reported a year ago. Diluted earnings per share was JPY 20.77 against JPY 26.09 reported a year ago. Profit attributable to owners of parent was JPY 970 million against JPY 1,167 million reported 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. 
