Net Protections Holdings, Inc. Provides Consolidated Earnings Guidance for the First Six Months and Fiscal Year Ending March 31, 2023
May 13, 2022 at 02:30 am EDT
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Net Protections Holdings, Inc. provided consolidated earnings guidance for the first six months and fiscal year ending March 31, 2022. For the first six months, the company expects total operating revenue of JPY 10,053 million, operating loss of JPY 103 million, Loss attributed to owners of parent is JPY 335 million, and Basic loss per share of JPY 3.48.
For the year, the company expects total operating revenue of JPY 21,436 million, operating profit of JPY 457 million, profit attributed to owners of parent is JPY 11 million, and Basic earnings per share of JPY 0.12.
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.