Net Protections Holdings, Inc. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 14, 2022 at 02:00 am EST
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Net Protections Holdings, Inc. revised earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects total
operating revenue of JPY 19,390 million, Operating loss of JPY 730 million, loss attributable to owners of the parent of JPY 650 million, basic loss per share of JPY 6.73 compared to the previous guidance of total operating revenue of JPY 21,436 million, Operating profit of JPY 457 million, profit attributable to owners of the parent of JPY 11 million, basic earnings per share of JPY 0.12 provided earlier.
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. 
