Updated
Updated · MarketWatch · May 8E-Guardian 1H net profit falls to Y373m
3 articles · Updated · MarketWatch · May 8
- For the half year ended 31 March, revenue fell to Y5.46bn from Y5.87bn and earnings per share dropped to Y32.22 from Y52.64.
- Operating profit declined to Y567m from Y929m, while pretax profit fell to Y590m from Y933m under Japanese accounting standards.
- The results indicate weaker profitability across the Japanese group's business compared with the same period a year earlier.
Did Japan's economic headwinds or tech giants cause E-Guardian's dramatic profit collapse? Why is E-Guardian faltering in a booming cybersecurity market, and is its human-led business model now obsolete?