Komori
Mercari (4385) · FactAdvanced

Establishing Profitability in the Domestic Business and Upfront Investment Losses on a Consolidated Basis

First written in FY2018. 15 of 32 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.

32entries
9years
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ProgressHeldSoftenedWorseWorsenedFY2019-Q3 – FY2020AdvancedFY2021-Q1 – FY2022-Q1AdvancedFY2025-H1 – FY20262018: 22019: 420192020: 420202021: 420212022: 420222023: 420232024: 320242025: 220252026: 52026
Same theme, other companies
Domestic Business Profitability and Consolidated Losses from Overseas and New Business InvestmentA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「As a result, for the fiscal year, Japan Business (Note 4) recorded revenue of ¥180,858 million, up 20.7% year on year, and segment profit of ¥51,316 million, up 47.2%.」

    The domestic business recorded higher revenue and profit, with segment profit rising 47.2% year on year to ¥51.3 billion.
  2. FY2026-H1AdvancedAnnual report

    「As a result, for the interim consolidated accounting period, Japan Business recorded revenue of ¥83,229 million, up 14.2% year on year, and segment profit and core operating income of ¥23,216 million, up 40.0%.」

    The domestic business recorded higher revenue, while segment profit and core operating income rose 40.0% year on year to ¥23,216 million.
  3. FY2025AdvancedAnnual report

    「As a result, for the fiscal year, Japan Region recorded revenue of ¥149,807 million, up 8.5% year on year, and segment profit of ¥34,860 million, up 13.7%.」

    Japan Region's segment profit was ¥34,860 million, up 13.7% year on year, indicating improved profitability in the domestic business.
  4. FY2025-H1AdvancedAnnual report

    「As a result, for the interim consolidated accounting period, revenue was ¥94,161 million, up 1.9% year on year, operating income was ¥11,413 million, up 45.9%, and interim profit attributable to owners of the parent was ¥7,384 million, up 62.3%.」

    Consolidated operating income rose 45.9% year on year to ¥11,413 million, while interim profit attributable to owners of the parent rose 62.3% to ¥7,384 million, indicating improved consolidated profitability.
  5. FY2024WorsenedAnnual report

    「As a result, for the fiscal year, Japan Region recorded revenue of ¥138,108 million, up 13.0% from the previous consolidated fiscal year, and segment profit of ¥30,649 million, down 10.4%.」

    Japan Region recorded higher revenue, while segment profit was ¥30,649 million, down 10.4% year on year, resulting in a decline in the domestic business's profit level.
  6. FY2024-Q3WorsenedAnnual report

    「As a result, for the cumulative third quarter of the current consolidated fiscal year, Japan Region recorded revenue of ¥103,610 million, up 15.3% year on year, and segment profit of ¥21,961 million, down 13.4% year on year.」

    Japan Region recorded higher revenue, while segment profit fell 13.4% year on year, resulting in a decline in the domestic business's profit level.
  7. FY2024-Q2WorsenedAnnual report

    「As a result, for the cumulative second quarter of the current consolidated fiscal year, Japan Region recorded revenue of ¥67,548 million, up 15.6% year on year, and segment profit of ¥14,281 million, down 8.9% year on year.」

    Japan Region recorded higher revenue, while segment profit fell 8.9% year on year to ¥14,281 million, indicating a decline in the domestic business's profit level from the same period of the previous year.
  8. FY2024-Q1RestatedAnnual report

    「As a result, for the cumulative first quarter of the current consolidated fiscal year, Japan Region recorded revenue of ¥31,838 million, up 16.0% year on year, and segment profit of ¥7,418 million, down 6.6% year on year.」

    Domestic Japan Region recorded segment profit of ¥7,418 million and maintained profitability, although this was down 6.6% year on year.
  9. FY2023AdvancedAnnual report

    「As a result, for the fiscal year, consolidated net sales were ¥172,064 million, up 17.0% year on year, operating income was ¥17,023 million, compared with an operating loss of ¥3,715 million in the previous year, ordinary income was ¥17,449 million, compared with an ordinary loss of ¥3,896 million, and net income attributable to owners of the parent was ¥13,070 million, compared with a net loss of ¥7,569 million.」

    The consolidated group reported operating income of ¥17,023 million, returning to profitability from the previous year's operating loss of ¥3,715 million. Profitability in the domestic business supported consolidated performance.
  10. FY2023-Q3AdvancedAnnual report

    「As a result, for the cumulative third quarter of the consolidated fiscal year, revenue was ¥127,913 million, up 16.6% year on year. Operating profit was ¥11,529 million, compared with a loss of ¥4,686 million in the same period of the previous year. Ordinary profit was ¥11,732 million, compared with a loss of ¥4,753 million, and net income attributable to owners of the parent was ¥5,056 million, compared with a loss of ¥7,708 million.」

    Consolidated operating results turned from a loss of ¥4,686 million in the same period of the previous year to profit of ¥11,529 million, indicating continued improvement in consolidated profitability.
  11. FY2023-Q2AdvancedAnnual report

    「As a result, for the cumulative second quarter of the consolidated fiscal year, revenue was ¥84,285 million, up 18.4% year on year. Operating profit was ¥5,832 million, compared with a loss of ¥1,774 million in the same period of the previous year. Ordinary profit was ¥5,967 million, compared with a loss of ¥1,797 million, and net income attributable to owners of the parent was ¥1,202 million, compared with a loss of ¥2,728 million.」

    Consolidated operating results turned from a loss of ¥1,774 million in the same period of the previous year to profit of ¥5,832 million, indicating improved consolidated profitability.
  12. FY2023-Q1AdvancedAnnual report

    「As a result, for the cumulative first quarter of the consolidated fiscal year, revenue was ¥40,029 million, up 19.0% year on year. Operating profit was ¥3,119 million, up 267.1%, and ordinary profit was ¥3,154 million, up 277.8%. Net income attributable to owners of the parent was ¥412 million, compared with a loss of ¥119 million in the first quarter of the previous consolidated fiscal year.」

    Consolidated operating profit increased to ¥3,119 million from ¥849 million in the same period of the previous year, while quarterly net income attributable to owners of the parent was ¥412 million. Consolidated profitability improved in the first quarter.
  13. FY2022WorsenedAnnual report

    「As a result, for the consolidated fiscal year, revenue was ¥147,049 million, up 38.6% year on year. Operating loss was ¥3,715 million, compared with profit of ¥5,184 million in the previous year. Ordinary loss was ¥3,896 million, compared with profit of ¥4,975 million, and net loss attributable to owners of the parent was ¥7,569 million, compared with profit of ¥5,720 million.」

    While revenue increased, the company turned from full-year consolidated operating profit in the previous year to operating loss, and consolidated profitability deteriorated.
  14. FY2022-Q3WorsenedAnnual report

    「As a result, for the cumulative third quarter of the consolidated fiscal year, revenue was ¥109,701 million, up 42.7% year on year. Operating loss was ¥4,686 million, compared with profit of ¥1,528 million in the same period of the previous year. Ordinary loss was ¥4,753 million, compared with profit of ¥1,427 million, and net loss attributable to owners of the parent was ¥7,708 million, compared with profit of ¥3,576 million.」

    While revenue increased, the company turned from operating profit in the same period of the previous year to operating loss, reporting operating loss of ¥4,686 million, ordinary loss of ¥4,753 million and quarterly net loss attributable to owners of the parent of ¥7,708 million.
  15. FY2022-Q2WorsenedAnnual report

    「As a result, for the cumulative second quarter of the consolidated fiscal year, revenue was ¥71,191 million, up 47.7% year on year. Operating loss was ¥1,774 million, compared with profit of ¥1,370 million in the same period of the previous year. Ordinary loss was ¥1,797 million, compared with profit of ¥1,190 million, and net loss attributable to owners of the parent was ¥2,728 million, compared with profit of ¥4,111 million.」

    While revenue increased, the company turned from operating profit in the same period of the previous year to operating loss, and consolidated profitability deteriorated during the cumulative second quarter.
  16. FY2022-Q1AdvancedAnnual report

    「As a result, for the cumulative first quarter of the consolidated fiscal year, revenue was ¥33,634 million, up 51.8% year on year. Operating profit was ¥849 million, up 133.4%, and ordinary profit was ¥834 million, up 218.1%. Net loss attributable to owners of the parent was ¥119 million, compared with income of ¥4,281 million in the same period of the previous year.」

    Consolidated operating profit increased to ¥849 million from ¥364 million in the same period of the previous year. Income attributable to owners of the parent was a loss of ¥119 million, due in part to the reversal of gains on the sale of investment securities recorded in the same period of the previous year.
  17. FY2021AchievedAnnual report

    「As a result, the company achieved its first full-year consolidated operating profit since its founding.」

    The company reported full-year consolidated operating profit of ¥5,184 million for the first time since its founding, marking an important milestone toward establishing consolidated profitability.
  18. FY2021-Q3AdvancedAnnual report

    「As a result, for the cumulative third quarter of the consolidated fiscal year, revenue was ¥76,901 million, up 44.1% year on year. Operating profit was ¥1,528 million, compared with a loss of ¥20,292 million in the same period of the previous year. Ordinary profit was ¥1,427 million, compared with a loss of ¥20,320 million, and net income attributable to owners of the parent was ¥3,576 million, compared with a loss of ¥22,212 million.」

    The company reported consolidated operating profit of ¥1,528 million, ordinary profit of ¥1,427 million and net income attributable to owners of the parent of ¥3,576 million, remaining profitable after the substantial losses reported in the same period of the previous year.
  19. FY2021-Q2AdvancedAnnual report

    「As a result, for the cumulative second quarter of the consolidated fiscal year, revenue was ¥48,213 million, up 46.1% year on year. Operating profit was ¥1,370 million, compared with a loss of ¥13,894 million in the same period of the previous year. Ordinary profit was ¥1,190 million, compared with a loss of ¥13,883 million, and net income attributable to owners of the parent was ¥4,111 million, compared with a loss of ¥14,098 million.」

    The company turned from consolidated operating loss of ¥13,894 million in the same period of the previous year to operating profit of ¥1,370 million for the cumulative second quarter, and consolidated profitability continued to improve.
  20. FY2021-Q1AdvancedAnnual report

    「As a result, for the cumulative first quarter of the consolidated fiscal year, revenue was ¥22,156 million, up 52.3% year on year. Operating profit was ¥364 million, compared with a loss of ¥7,010 million in the same period of the previous year, due to lower advertising and promotion expenses and other factors. Ordinary profit was ¥262 million, compared with a loss of ¥7,027 million, and net income attributable to owners of the parent was ¥4,281 million, compared with a loss of ¥7,113 million.」

    The company turned from a consolidated operating loss of ¥7,010 million in the same period of the previous year to operating profit of ¥364 million in the quarter, indicating an improvement from the state of consolidated losses due to upfront investment.
  21. FY2020WorsenedAnnual report

    「As a result, for the consolidated fiscal year, revenue was ¥76,275 million, up 47.6% year on year. Operating loss was ¥19,308 million, compared with a loss of ¥12,149 million in the previous year, due to higher advertising and promotion expenses, personnel expenses and other factors. Ordinary loss was ¥19,391 million, compared with a loss of ¥12,171 million, and net loss attributable to owners of the parent was ¥22,772 million, compared with a loss of ¥13,764 million.」

    While revenue increased 47.6%, operating loss widened to ¥19,308 million from ¥12,149 million in the previous year.
  22. FY2020-Q3WorsenedAnnual report

    「As a result, for the cumulative third quarter of the consolidated fiscal year, revenue was ¥53,350 million, up 42.7% year on year. Operating loss was ¥20,292 million, compared with a loss of ¥5,981 million in the same period of the previous year, due to higher advertising and promotion expenses, personnel expenses and other factors. Ordinary loss was ¥20,320 million, compared with a loss of ¥5,993 million, and net loss attributable to owners of the parent was ¥22,212 million, compared with a loss of ¥7,341 million.」

    While revenue increased 42.7% year on year, operating loss widened to ¥20,292 million from ¥5,981 million in the same period of the previous year due to higher advertising and promotion expenses, personnel expenses and other factors.
  23. FY2020-Q2WorsenedAnnual report

    「As a result, for the cumulative second quarter of the consolidated fiscal year, revenue was ¥32,993 million, up 38.7% year on year. Operating loss was ¥13,906 million, compared with a loss of ¥3,654 million in the same period of the previous year, due to higher advertising and promotion expenses, personnel expenses and other factors. Ordinary loss was ¥13,895 million, compared with a loss of ¥3,684 million, and net loss attributable to owners of the parent was ¥14,103 million, compared with a loss of ¥4,475 million.」

    While revenue increased, operating loss widened significantly to ¥13,906 million from ¥3,654 million in the same period of the previous year due to higher advertising and promotion expenses, personnel expenses and other factors.
  24. FY2020-Q1WorsenedAnnual report

    「As a result, for the cumulative first quarter of the consolidated fiscal year, revenue was ¥14,548 million, up 37.9% year on year. Operating loss was ¥7,010 million, compared with a loss of ¥2,513 million in the same period of the previous year, due to higher advertising and promotion expenses, personnel expenses and other factors. Ordinary loss was ¥7,027 million, compared with a loss of ¥2,513 million, and net loss attributable to owners of the parent was ¥7,113 million, compared with a loss of ¥2,887 million.」

    While revenue increased 37.9% year on year, operating loss widened to ¥7,010 million from ¥2,513 million in the same period of the previous year due to higher advertising and promotion expenses, personnel expenses and other factors.
  25. FY2019WorsenedAnnual report

    「As a result, for the consolidated fiscal year, revenue was ¥51,683 million, up 44.5% year on year. Operating loss was ¥12,149 million, compared with a loss of ¥4,422 million in the previous consolidated fiscal year, due to advertising and promotion expenses, higher personnel expenses and other factors. Ordinary loss was ¥12,171 million, compared with a loss of ¥4,741 million, and net loss attributable to owners of the parent was ¥13,764 million, compared with a loss of ¥7,041 million.」

    While revenue increased 44.5%, operating loss widened to ¥12,149 million from ¥4,422 million in the previous year due to higher advertising and promotion expenses, personnel expenses and other factors.
  26. FY2019-Q3WorsenedAnnual report

    「As a result, for the cumulative third quarter of the consolidated fiscal year, revenue was ¥37,378 million, up 43.0% year on year. Operating loss was ¥5,981 million, compared with a loss of ¥1,896 million in the same period of the previous year, due to advertising and promotion expenses, higher personnel expenses and other factors. Ordinary loss was ¥5,993 million, compared with a loss of ¥1,951 million, and net loss attributable to owners of the parent was ¥7,341 million, compared with a loss of ¥3,434 million.」

    While revenue increased, the consolidated operating loss widened to ¥5,981 million from ¥1,896 million in the same period of the previous year due to higher advertising and promotion expenses, personnel expenses and other factors.
  27. FY2019-Q2RestatedAnnual report

    「As a result, for the cumulative second quarter of the consolidated fiscal year, revenue was ¥23,788 million, operating loss was ¥3,654 million due to advertising and promotion expenses and other factors, ordinary loss was ¥3,684 million, and net loss attributable to owners of the parent was ¥4,475 million.」

    The company continued to report consolidated operating and net losses due to advertising and promotion expenses and other factors, reaffirming a structure of consolidated losses that includes upfront investment.
  28. FY2019-Q1RestatedAnnual report

    「As a result, for the cumulative first quarter of the consolidated fiscal year, revenue was ¥10,552 million, operating loss was ¥2,513 million due to advertising and promotion expenses and other factors, ordinary loss was ¥2,513 million, and net loss attributable to owners of the parent was ¥2,887 million.」

    The company continued to report consolidated operating and net losses during the quarter due to advertising and promotion expenses and other factors, maintaining a structure of consolidated losses that includes upfront investment.
  29. FY2018First statedAnnual report

    「As its scale in the Japanese market expanded, the company achieved rapid revenue growth while improving cost efficiency, establishing profitability on a non-consolidated basis. However, due to upfront investment in overseas businesses, primarily in the US market, and new businesses in Japan, the company continued to report an operating loss on a consolidated basis for the fiscal year ended June 2018.」

    While securing operating profit on a non-consolidated basis in Japan, the company reported a consolidated operating loss due to investment in overseas and new businesses.
Moved together

"Enhancing Corporate Value Through Growth in GMV and Revenue" moved the same way as this thread, in the same document, in 16 of its 32 moves.

161616161615★123456
  1. ★This thread
  2. 1Enhancing Corporate Value Through Growth in GMV and Revenue16×
  3. 2Expansion of Payment and Financial Services through Merpay16×
  4. 3Expansion into overseas markets, including the US and UK16×
  5. 4Failure to achieve consolidated profitability and uncertainty regarding comparisons with results for previous fiscal years16×
  6. 5Strengthening the Financial Base through the Securitization of Merpay Advance-Payment Receivables16×
  7. 6Expansion of Mercari’s User Base and GMV in Japan15×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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No upcoming earnings preview for Mercari yet. It last moved in the Financial Results Presentation of 2026-08-05: "Advanced".
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Establishing Profitability in the Domestic Business and Upfront Investment Losses on a Consolidated Basis | Mercari,Inc. (4385) | Komori