MarketEnterprise : Results of Operations for the First Quarter of the Fiscal Year Ending June 30, 2022
December 07, 2021 at 01:12 am EST
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Results of Operations for the
First Quarter of the
Fiscal Year Ending June 30, 2022
November 12, 2021
MarketEnterprise Co., Ltd.
Securities code: 3135
1Q FY6/22 Results of Operations
Progress of Medium-term Management Plan by Business Segment
FY6/22 Forecasts
1
1Q FY6/22 Results of Operations
Progress of Medium-term Management Plan by Business Segment
FY6/22 Forecasts
2
Executive Summary
1Q results on target. Medium-term Management Plan is moving ahead smoothly.
Second-hand Online: Purchases were steady but sales declined due to sales timing differences. Second-hand Services for Individuals: The number of purchase requests has also turned up and the
Medium-term Management Plan is progressing smoothly.
Machinery:
Purchases were firm. Establishment of additional (agricultural equipment):
The number of partner stores has touched bottom and is on the uptrend.
Media:
Page views and sales up over previous quarter.
Mobile & Telecommunications: New 5G subscriptions favorable. Future earnings building up as planned.
No change in FY6/22 forecasts
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Consolidated Income Statement Summary (YoY Change)
First quarter sales and earnings were consistent with the plan
YoY change
(Million yen)
1Q FY6/21
1Q FY6/22
Amount
%
Net sales
2,870
2,607
-262
-9.2%
Operating profit
163
(165)
-329
-
Ordinary profit
160
(161)
-321
-
Profit attributable to owners of
84
(121)
-206
-
parent
4
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MarketEnterprise Co. Ltd. published this content on 07 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2021 06:11:10 UTC.
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.