EGuarantee, Inc. Reports Earnings Results for the Full Year Ended March 31, 2023
May 12, 2023 at 02:30 am EDT
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eGuarantee, Inc. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 8,494.9 million compared to JPY 7,894.57 million a year ago. Net income was JPY 2,864.58 million compared to JPY 2,463.2 million a year ago.
Basic earnings per share from continuing operations was JPY 60.68 compared to JPY 52.92 a year ago. Diluted earnings per share from continuing operations was JPY 58.95 compared to JPY 51.32 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.