Contents
1. The overview of “Mercari, Inc.”
2. The detailed data of “Mercari, Inc.”
3. The map of “Mercari, Inc.”
4. The stock weekly chart of “Mercari, Inc.”
5. The stock weekly trading radar of “Mercari, Inc.”
6. The annual filings of “Mercari, Inc.”
7. The stock price of “Mercari, Inc.”
* Last update: February 7, 2022
The overview of “Mercari, Inc.”
“Mercari, Inc.” is a Japanese company managing E-commerce business. The company was founded in Minato-ku, Tokyo in February 2013, and then also had an office in the U.S. in 2014. Regarding the detail of business, the company has own marketplace “Mercari” launched in July 2013, and it’s known to have a record that the “Mercari” app has been downloaded over 100 million times worldwide (as of 16 December 2017)
Also, the company builds conveniently available unique shipping system by cooperating with “Yamato Transport” and “Japan Post” in Japan, in addition, “United States Postal Service”, “United Parcel Service, Inc.”, and “FedEx Corporation” in the U.S.. Furthermore, “Mercari, Inc.” develops overseas services through “Shopee”, the largest Marketplace in Taiwan and Southeast Asia and managed by Singaporean company “Sea Limited” in August 2020, in addition to this, through “Alibaba Group” Marketplaces “Taobao” and “Xianyu” in March 2021.
By the way, on June 19, 2018, the company was listed on the TSE Mothers, one of the Japanese stock exchange.
The detailed data of “Mercari, Inc.”
●Established date： February 1, 2013
●Location： Roppongi Hills Mori Tower 18F, 6-10-1 Roppongi, Minato-ku, Tokyo 106-6118, Japan
●Stock Exchange： TSE（4385）
●Listing date： June 19, 2018
●Business details： Marketplace, E-Commerce, Online payment（Mobile app）
●Official website： https://about.mercari.com/
The map of “Mercari, Inc.”
The stock weekly chart of “Mercari, Inc.”
The stock weekly trading radar of “Mercari, Inc.”
The annual filings of “Mercari, Inc.”
* Date: Jun 30, 2020
* Date: Jun 30, 2019
* Date: Jun 30, 2018
* 単位: 百万円
| Cutoff date | June 30, 2021 | June 30, 2020 | June 30, 2019 | June 30, 2018 | June 30, 2017 |
|---|---|---|---|---|---|
| Operating income | 5,184 | △19,308 | △12,149 | △4,422 | △2,775 |
| Net income attributable | 5,720 | △22,772 | △13,764 | △7,041 | △4,207 |
| Total current assets | 227,926 | 169,277 | 151,813 | 113,725-114,226 | 53,039 |
| Total current liabilities | 205,331 | 110,128 | 61,014 | 44,304 | 37,179 |
| Current ratio (1.2 or more is the best) | 1.11 | 1.54 | 2.49 | 2.57 | 1.43 |
| Common stock and additional paid-in capital | 85,215 | 82,836 | 80,199 | 69,586 | 12,552 |
| Treasury stock | △0 | △0 | △0 | N/A | N/A |
| Retained earning, Accumulated deficit | △46,149 | △51,870 | △29,097 | △15,288 | △8,246 |
| Total stockholders' equity | 40,013 | 35,368 | 50,936 | 54,422 | 4,416 |
| Total equity and liabilities | 262,529 | 198,014 | 163,685 | 117,752 | 54,489 |
| Equity ratio (20% or more is better) (50% or more is the best) | 15.24% | 17.86% | 31.12% | 46.22% | 8.10% |
| Cash flows from operating activities | 3,367 | 12,533 | △7,289 | △3,437 | 6,351 |
| Cash flows from investing activities | 6,907 | △2,653 | △2,805 | △1,944 | △936 |
| Cash flows from financing activities | 19,773 | 465 | 32,200 | 63,617 | 21,323 |
| Free cash flow | 10,274 | 9,880 | △10,094 | △5,381 | 5,415 |
| PER | 36.43 | △147.86 | △94.98 | △60.61 | △36.65 |
| EPS | 35.15 | N/A | N/A | N/A | N/A |
| PBR | N/A | N/A | N/A | N/A | N/A |
| ROE | 15.5 | △53.1 | △26.1 | △23.9 | △65.7 |
| ROA | 2.2 | △10.7 | △8.6 | △5.5 | △7.0 |
The stock price of “Mercari, Inc.”
Accumulated deficit declined, and Net income turned positive.
Current ratio is no problem.
On the other hand, Equity ratio has remained low a little.
Also, Cash flows from operating activities went down one quarter of 2019-2020.
And then, Free cash flow increased due to covering by income from sales of investment securities.
Therefore, we predict that stock prices in June 2021 to June 2022 might be upward-trend or stagnant.
In addition to this, it will depend on Japan-stockmarket.
ROE is appropriate and PER is expected to decrease in the future.
So, it's likely that the stock price goes up for a year.
（ROE is a value over five times as much as ROA, so the company has high risk management a little.）
* Comment
Current ratio went down, but it's the proper value.
Free cash flow turned positive due to accounts receivable decreased significantly.
However, Accumulated deficit expanded approx twice as much as 2018-2019.
And then, Equity ratio went down one quarter of 2018-2019.
Therefore, we predict that stock prices in June 2020 to June 2021 might be upward-trend if anything.
In addition to this, it will depend on Japan-stockmarket.
On the other hand, ROE is a value over five times as much as ROA, so the company has high risk management a little.
Also, PER and ROE have negative values, so we can't use these indexes.
* Comment
Current ratio and Equity ratio went down a little bit, but it's the proper value.
And then, Net income liabilities expanded approx twice as much as 2017-2018.
Also, Accumulated deficit and the negative value of Free cash flow expanded.
Therefore, we predict that stock prices in June 2019 to June 2020 might be down-trend if anything.
In addition to this, it will depend on Japan-stockmarket.
On the other hand, ROE is a value over five times as much as ROA, so the company has high risk management a little.
* Comment
Net income liabilities expanded, and Accumulated deficit expanded approx twice as much as 2016-2017.
Also, Free cash flow turned negative.
On the other hands, Current ratio rises and has good situation
In addition, Equity ratio expanded over 5 times as much as 2016-2017.
Therefore, we predict that stock prices in June 2018 to June 2019 might be down-trend.
| Term year | 2022-2021 | 2021-2020 | 2020-2019 | 2019-2018 |
|---|---|---|---|---|
| Entity min stock price in monthly chart | N/A | approx 3170 (Jun) | approx 1910 (Jan) | approx 1800 (Jan) |
| Entity max stock price in monthly chart | N/A | approx 5550 (May) | approx 3210 (May) | approx 5000 (Jun) |
| Stock price increase ratio (50% or more is the best) | N/A | 75.08% | 68.06% (Stagnation for a year) | △177.78% |
