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Mercari ( (JP:4385) ) has provided an announcement.
Mercari, Inc. announced a notable difference between its projected and actual business results for the fiscal year ending June 30, 2025. The company recorded a significant corporate income tax benefit due to changes in its US subsidiary’s capital policy, resulting in increased profits across its Marketplace, Fintech, and US operations. This reflects Mercari’s strategic focus on top-line growth, which has led to substantial increases in revenue and profits compared to the previous fiscal year.
The most recent analyst rating on (JP:4385) stock is a Buy with a Yen3200.00 price target. To see the full list of analyst forecasts on Mercari stock, see the JP:4385 Stock Forecast page.
More about Mercari
Mercari, Inc. operates in the e-commerce industry, primarily offering a marketplace platform for buying and selling goods. The company also has a focus on fintech services, contributing to its revenue growth.
Average Trading Volume: 4,463,659
Technical Sentiment Signal: Hold
Current Market Cap: Yen387.1B
Learn more about 4385 stock on TipRanks’ Stock Analysis page.