EGuarantee, Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
July 28, 2023 at 02:30 am EDT
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eGuarantee, Inc. provided consolidated earnings guidance for the six months ending September 30, 2023 and year ending March 31, 2024. For the six months ending September 30, 2023, the company expects net sales of JPY 4,600 million, operating profit of JPY 2,300 million and profit attributable to owners of parent of JPY 1,550 million or JPY 32.65 per share.
For the year ending March 31, 2024, the company expects net sales of JPY 9,500 million, operating profit of JPY 4,800 million and profit attributable to owners of parent of JPY 3,200 million or JPY 67.41 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. 
