Net Protections Holdings, Inc. Provides Financial Forecast of Consolidated Financial Results for the Six Months and for the Fiscal Year Ending March 31, 2024
May 29, 2023 at 05:00 am EDT
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Net Protections Holdings, Inc. provided financial forecast of consolidated financial results for the six months and for the fiscal year ending March 31, 2024. For the six months, the company expected Total operating revenue of JPY 10,097 million, Operating profit of negative JPY 676 million, Profit attributable to owners of parent of negative JPY 721 million and Basic earnings per share of negative JPY 7.45.
For the fiscal year, the company expected Total operating revenue of JPY 21,576 million, Operating profit of negative JPY 879 million, Profit attributable to owners of parent of negative JPY 870 million and Basic earnings per share of negative JPY 8.99.
Net Protections Holdings Inc is a Japan-based company mainly engaged in the settlement solutions business. The Company is mainly engaged in the settlement solutions business, offering the BNPL settlement service, which guarantees credit risk. The feature of this service is that customers can outsource a series of settlement-related operations as a one-stop service. Settlement-related operations include credit screening, invoicing, payment confirmation/cancellation, reminders/collections, and handling of bad debts, and there are specialized companies for each of these operations. In addition, as a comprehensive provider of BNPL payment services, it offers BNPL payment services regardless of the transaction type, such as individual, corporate, e-commerce (EC), and face-to-face sales. Its services include the services for business-to-consumer (B2C) transactions NP Postpaid, Atone, and Afty, and for business-to-business (B2B) transactions NP payment.
Net Protections Holdings, Inc. Provides Financial Forecast of Consolidated Financial Results for the Six Months and for the Fiscal Year Ending March 31, 2024
NET PROTECTIONS HOLDINGS, INC. 
