MarketEnterprise Co.,Ltd Announces Consolidated Financial Results for the Six Months Ended December 31, 2019; Provides Consolidated Earnings Forecast for the Year Ending June 30, 2020
March 06, 2020 at 01:45 am EST
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MarketEnterprise Co.,Ltd announced consolidated financial results for the six months ended December 31, 2019. For the six months, the company reported net sales of JPY 5,179,239,000 against JPY 3,832,268,000 a year ago. Operating profit was JPY 309,012,000 against JPY 150,655,000 a year ago. Profit was JPY 199,732,000 against JPY 94,482,000 a year ago. Net income per share was JPY 32.16 against JPY 13.06 a year ago. Diluted net income per share was JPY 30.43 against JPY 12.88 a year ago.
The company provided consolidated earnings forecast for the year ending June 30, 2020. For the year, the company forecasts net sales of JPY 10,000 million, operating profit of JPY 600 million, profit attributable to owners of parent of JPY 270 million and net income per share of JPY 51.85.
MarketEnterprise Co., Ltd is a Japan-based company engaged in Internet reuse business through operating purchase and sales of reuse goods based on Internet. The Company focuses on reuse that does not generate unnecessary items among 3R (reuse, reduce, and recycle), and conducts business that specializes in the Internet. The Company operates general counter Website by the name of takakuureru.com, as well as other purchase specialty websites. It has three types of purchase approaches, including home delivery purchase, over the counter purchase and business trip purchase approach. It also sells reuse goods by the name of ReRe at Internet auction provided by Yahoo Japan Corporation, as well as Amazon, Rakuten, eBay and other E market places.
MarketEnterprise Co.,Ltd Announces Consolidated Financial Results for the Six Months Ended December 31, 2019; Provides Consolidated Earnings Forecast for the Year Ending June 30, 2020
MARKETENTERPRISE CO.,LTD 
