Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFY2025年6月期 第1四半期8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesAmount not stated+1.0%
Operating profitAmount not stated-13.0%
Results for the three months of the current quarter連結売上収益・コア営業利益、Marketplace・Fintech・USの各業績推移を四半期単独で掲載。ただし主要な数値の一部は本文から判読できない
Full-year earnings forecast
Revenue
2,000-2,100
Core operating profit
220-250
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress broadly in line with expectationsAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
コア営業利益の積み上がりは下期偏重を想定New initiatives
- AI出品サポートの提供開始
- 自社越境取引を開始し台湾へ進出
- メルカリ ハロのフォロー機能・OBOGコネクト機能・相互評価機能を開始
- Creditで分割払いを開始
- ユーロ円建CB約210億円を買入れ
Key KPIsA metric the company considers important as a management benchmark.
- Marketplace GMV¥2,576 millionYear on year against the same period last year+5%
- Marketplace 調整後コア営業利益率37 %
- Fintech receivables balance¥2,000 millionYear on year against the same period last year+52%
- Fintech core operating profit¥4 million
- US GMV193 USD millionYear on year against the same period last year-16%
- US コア営業利益¥-8 millionYear on year against the same period last year-¥100 million
- メルカリ ハロ 登録者数800 More than 10,000 people
- メルカリ ハロ パートナー拠点数12 万店舗超
Medium-term management plan targets
- TargetFY2027.6に向けた売上収益CAGR 2桁成長Target fiscal yearFY2027.6
- TargetFY2027.6に向けたコア営業利益CAGR 25%以上Target fiscal yearFY2027.6
- TargetFintech コア営業利益100億円以上
Market Size / Share
- 米国オンライン・リユース市場Figures2030年に1,800億ドル、2022年比約2.4倍
- 後払い決済市場Figures2027年に2.4兆円、2022年比約2倍
- スポットワーク潜在市場Figures年間約5兆円
- Global cross-border e-commerce marketFigures2030年に7兆9,380億ドル、2021年比約10倍
- 国内BtoC EC市場Figures2030年に約23.9兆円、2022年比1.7倍
- CtoC潜在市場Figures年間約7.6兆円
Number of stores and locations
メルカリ ハロのパートナー拠点数12万店舗超。期中の出退店数はNot disclosedAnnual Dividend
配当の予定はない| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | FY2025年6月期 第1四半期 |
| Net Sales | 非開示 (YoY +1.0%) |
| Operating profit | 非開示 (YoY -13.0%) |
| Results for the three months of the current quarter | 連結売上収益・コア営業利益、Marketplace・Fintech・USの各業績推移を四半期単独で掲載。ただし主要な数値の一部は本文から判読できない |
| Full-year earnings forecast | Revenue 2,000-2,100 / Core operating profit 220-250 |
| Self-assessment against the plan | Progress broadly in line with expectations |
| Key KPIs | Indicator name Marketplace GMV / Value ¥2,576 million / Year on year against the same period last year +5%, Indicator name Marketplace 調整後コア営業利益率 / Value 37 % / Year on year against the same period last year Not disclosed, Indicator name Fintech receivables balance / Value ¥2,000 million / Year on year against the same period last year +52%, Indicator name Fintech core operating profit / Value ¥4 million / Year on year against the same period last year Not disclosed, Indicator name US GMV / Value 193 USD million / Year on year against the same period last year -16%, Indicator name US コア営業利益 / Value ¥-8 million / Year on year against the same period last year -¥100 million, Indicator name メルカリ ハロ 登録者数 / Value 800 More than 10,000 people / Year on year against the same period last year Not disclosed, Indicator name メルカリ ハロ パートナー拠点数 / Value 12 万店舗超 / Year on year against the same period last year Not disclosed |
| Number of stores and locations | メルカリ ハロのパートナー拠点数12万店舗超。期中の出退店数はNot disclosed |
| Assumptions Underlying the Business Outlook | コア営業利益の積み上がりは下期偏重を想定 |
| Medium-term management plan targets | Target FY2027.6に向けた売上収益CAGR 2桁成長 / Target fiscal year FY2027.6, Target FY2027.6に向けたコア営業利益CAGR 25%以上 / Target fiscal year FY2027.6, Target Fintech コア営業利益100億円以上 / Target fiscal year Not disclosed |
| Annual Dividend | 配当の予定はない |
| Market Size / Share | Market 米国オンライン・リユース市場 / Figures 2030年に1,800億ドル、2022年比約2.4倍, Market 後払い決済市場 / Figures 2027年に2.4兆円、2022年比約2倍, Market スポットワーク潜在市場 / Figures 年間約5兆円, Market Global cross-border e-commerce market / Figures 2030年に7兆9,380億ドル、2021年比約10倍, Market 国内BtoC EC市場 / Figures 2030年に約23.9兆円、2022年比1.7倍, Market CtoC潜在市場 / Figures 年間約7.6兆円 |
| New initiatives | AI出品サポートの提供開始, 自社越境取引を開始し台湾へ進出, メルカリ ハロのフォロー機能・OBOGコネクト機能・相互評価機能を開始, Creditで分割払いを開始, ユーロ円建CB約210億円を買入れ |
Items this document does not state (17)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Marketplaceはプロダクトアップデートの効果が限定的で、マーケティング施策の効果も想定を下回った。米国事業は手数料モデル変更の効果が得られず、継続的なインフレなど外部環境の影響を受けた。CB買入れでは発行価格を下回る価格で買い入れたことで金融収益を計上した。
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.