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MarketEnterprise Co.Ltd ( (JP:3135) ) has issued an announcement.
MarketEnterprise Co., Ltd. has launched a new streaming media service called Motorz Jp Channel on YouTube, aimed at reviving its Media Business segment. The service, which focuses on automotive parts and customized motor vehicles, is part of the company’s strategy to diversify and stabilize its profit structure following a decline in search rankings and page views due to Google’s algorithm updates. Although the service is already profitable, it is expected to have a negligible impact on the company’s consolidated results for the current fiscal year.
More about MarketEnterprise Co.Ltd
MarketEnterprise Co., Ltd. operates as an ‘optimized trading company for the creation of a sustainable society,’ focusing on providing products and services that cater to diverse consumer behaviors and styles. The company has three main business segments: Second-hand Online Business, Media Business, and Mobile & Telecommunications Business.
YTD Price Performance: 3.51%
Average Trading Volume: 41,625
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen7.87B
For detailed information about 3135 stock, go to TipRanks’ Stock Analysis page.