Self-sustaining growth driven by increases in both sellers and buyers
First written in FY2018. 5 of 10 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, the company established a foundation for balanced growth in the number of customers, average transaction value and frequency through the enhancement of its core experience」
The company has explained that, against the backdrop of network effects, it established a foundation for balanced growth in the number of customers, average transaction value and usage frequency. - FY2025RestatedAnnual report
「As the number of sellers and listings increases, the number of products buyers want to purchase increases, leading to growth in the number of buyers and purchases. This raises product liquidity, which in turn further increases the number of sellers and listings.」
The company has continued to explain the network effects and self-sustaining growth driven by the mutual increase in sellers and buyers. - FY2024AdvancedAnnual report
「In addition, the company has focused on securing high loyalty through improvements in the user experience, including the launch of a loyalty program linked to use of “Mercard,” which has credit-card functionality.」
In addition to self-sustaining growth driven by network effects, continued use and circulation within the group through Mercard’s loyalty program remain growth drivers. - FY2024-Q2RestatedAnnual report
「In addition to continued group synergy creation through the loyalty program (Note 1), various initiatives were pursued in priority areas such as cross-border transactions, category expansion and B2C.」
In addition to growth driven by network effects, initiatives to encourage continued use and circulation within the group through the loyalty program have continued. - FY2024-Q1AdvancedAnnual report
「The creation of group synergies through the loyalty program (Note 1) continued, while progress was also made in cross-border transactions and category enhancement, which are areas of focus.」
In addition to growth driven by network effects, initiatives to encourage continued use and circulation within the group through the loyalty program continued, with progress also indicated in category enhancement and cross-border transactions. - FY2023AdvancedAnnual report
「In addition, from the fiscal year ended June 2023, the company has focused on securing high loyalty through improvements in the user experience, including the launch of a loyalty program linked to use of “Mercard,” which has credit-card functionality.」
In addition to network effects from the mutual increase in sellers and buyers, the company launched initiatives to encourage continued use and improve loyalty through Mercard’s loyalty program. - FY2022RestatedAnnual report
「“Mercari,” a C2C marketplace, is a service in which network effects operate strongly. As the number of sellers and listings increases, the number of products buyers want to purchase increases, leading to growth in the number of buyers and purchases. This raises product liquidity, which in turn further increases the number of sellers and listings.」
The company reaffirmed its business structure of self-sustaining growth driven by the mutual increase in sellers and buyers, liquidity and repeat transactions. - FY2021RestatedAnnual report
「“Mercari,” a C2C marketplace, is a service in which network effects operate strongly. As the number of sellers and listings increases, the number of products buyers want to purchase increases, leading to growth in the number of buyers and purchases. This raises product liquidity, which in turn further increases the number of sellers and listings.」
The company reaffirmed its explanation of self-sustaining growth driven by the mutual increase in sellers and buyers, liquidity and reuse of sales proceeds. - FY2019RestatedAnnual report
「“Mercari,” a C2C marketplace, is a service in which network effects operate strongly. As the number of sellers and listings increases, the number of products buyers want to purchase increases, leading to growth in the number of buyers and purchases. This raises product liquidity, which in turn further increases the number of sellers and listings.」
The company has continued to highlight self-sustaining growth driven by the mutual increase in sellers and buyers, liquidity and reuse of sales proceeds. - FY2018First statedAnnual report
「As the number of sellers and listings increases, the number of products buyers want to purchase increases, leading to growth in the number of buyers and purchases. This raises product liquidity, which in turn further increases the number of sellers and listings.」
The interaction between listings and purchases, reuse of sales proceeds, and accumulation of transaction ratings serve as sources of network effects and loyalty.