Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
494
¥100 million (revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation2026年6月期 第1四半期6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥494 million+10.0%
Results for the three months of the current quarter売上収益494億円（前年同期比+10%）、コア営業利益93億円（前年同期比+128%）
Full-year earnings forecast
Revenue2,000-2,100億円
Core operating profit280-320億円
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
順調な滑り出し／事業方針に対して順調に進捗Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Marketplaceの安心・安全施策、小型便配送キャンペーン、エンタメ・ホビー伸長、メルカリ ハロの投資額縮小。Fintechの定額払い・分割払い利用増加。USのプロダクト改善・マーケティング施策等。要因別金額のブリッジはNot disclosed
New initiatives
- 海外向け『メルカリ グローバルアプリ』を台湾・香港で提供開始
- 国内事業者向け『メルカリ グローバルEC基盤』を構築
- AIを活用した不正利用者の検知・スコア化、高価格帯商品のeKYC必須化
- 全額補償サポートプログラムの開始
- 『メルカリ ハロ』のサービス提供終了
- USでタイムセール、Googleワンクリックサインアップ、新配送プランを導入
- USでファッション交換プログラムのPOCを実施
Key KPIsA metric the company considers important as a management benchmark.
- Marketplace GMV¥2,703 millionYear on year against the same period last year+5%
- Fintech receivables balance¥2,691 millionYear on year against the same period last year+35%
- US GMV194 USD millionYear on year against the same period last year+0.4%
- Marketplace 商品不備等によるお問い合わせ率0.40%Year on year against the same period last year17%改善
- Marketplace 問い合わせ解決率YoY 2.2倍Year on year against the same period last year+120%相当
- メルカリ ハロ 登録者数1,200 More than 10,000 people
Segment results
- MarketplaceGMV2,703億円Core operating profit¥8.4 billionYear on year against the same period last yearGMV +5%、コア営業利益 +18億円
- FintechRevenue142億円Receivables balance2,691億円Core operating profit¥2.7 billionYear on year against the same period last year売上収益 +22%、債権残高 +35%、コア営業利益 +23億円
- USGMV194百万ドルCore operating profit¥600 millionYear on year against the same period last yearGMV +0.4%、コア営業利益 +14億円
Medium-term management plan targets
Target fiscal yearFY2027.6
TargetFintechのコア営業利益100億円以上、USは原則ブレイクイーブンを継続しつつ持続的成長、MarketplaceはCtoC安定成長に加え越境取引・BtoCで高成長
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | 2026年6月期 第1四半期 |
| Net Sales | ¥494 million (YoY +10.0%) |
| Results for the three months of the current quarter | 売上収益494億円（前年同期比+10%）、コア営業利益93億円（前年同期比+128%） |
| Full-year earnings forecast | Revenue 2,000-2,100億円 / Core operating profit 280-320億円 |
| Self-assessment against the plan | 順調な滑り出し／事業方針に対して順調に進捗 |
| Segment results | Segment Marketplace / GMV 2,703億円 / Core operating profit ¥8.4 billion / Year on year against the same period last year GMV +5%、コア営業利益 +18億円, Segment Fintech / Revenue 142億円 / Receivables balance 2,691億円 / Core operating profit ¥2.7 billion / Year on year against the same period last year 売上収益 +22%、債権残高 +35%、コア営業利益 +23億円, Segment US / GMV 194百万ドル / Core operating profit ¥600 million / Year on year against the same period last year GMV +0.4%、コア営業利益 +14億円 |
| Breakdown of Factors Affecting the Change | Marketplaceの安心・安全施策、小型便配送キャンペーン、エンタメ・ホビー伸長、メルカリ ハロの投資額縮小。Fintechの定額払い・分割払い利用増加。USのプロダクト改善・マーケティング施策等。要因別金額のブリッジはNot disclosed |
| Key KPIs | Indicator name Marketplace GMV / Value ¥2,703 million / Year on year against the same period last year +5%, Indicator name Fintech receivables balance / Value ¥2,691 million / Year on year against the same period last year +35%, Indicator name US GMV / Value 194 USD million / Year on year against the same period last year +0.4%, Indicator name Marketplace 商品不備等によるお問い合わせ率 / Value 0.40% / Year on year against the same period last year 17%改善, Indicator name Marketplace 問い合わせ解決率 / Value YoY 2.2倍 / Year on year against the same period last year +120%相当, Indicator name メルカリ ハロ 登録者数 / Value 1,200 More than 10,000 people / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target fiscal year FY2027.6 / Target Fintechのコア営業利益100億円以上、USは原則ブレイクイーブンを継続しつつ持続的成長、MarketplaceはCtoC安定成長に加え越境取引・BtoCで高成長 |
| New initiatives | 海外向け『メルカリ グローバルアプリ』を台湾・香港で提供開始, 国内事業者向け『メルカリ グローバルEC基盤』を構築, AIを活用した不正利用者の検知・スコア化、高価格帯商品のeKYC必須化, 全額補償サポートプログラムの開始, 『メルカリ ハロ』のサービス提供終了, USでタイムセール、Googleワンクリックサインアップ、新配送プランを導入, USでファッション交換プログラムのPOCを実施 |
Items this document does not state (20)
Operating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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では安心・安全施策、小型便の配送キャンペーン、エンタメ・ホビーの伸長がGMVに寄与した。Fintechでは定額払いの成長と分割払いの利用増加により債権残高が伸長し、USではプロダクト改善やマーケティング施策などによりGMVがプラス成長に転じた。コア営業利益については、売上収益の増加や「メルカリ ハロ」の投資額縮小が寄与した。
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.