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Mercari ( (JP:4385) ) has issued an update.
Mercari, Inc. has reported extraordinary losses amounting to 2,910 million JPY in its non-consolidated financial results for the second quarter of fiscal year 2025. This loss arises from the impairment of its wholly owned US subsidiary’s shares. However, these losses do not affect the overall consolidated profit and loss as they are offset in the consolidated financial statements, ensuring no significant impact on the company’s overall financial health.
More about Mercari
Mercari, Inc. operates in the e-commerce industry, primarily offering marketplace services for buying and selling goods. The company is focused on facilitating consumer-to-consumer transactions and is a prominent player in online marketplaces, especially in Japan.
YTD Price Performance: 5.71%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.99B
See more data about 4385 stock on TipRanks’ Stock Analysis page.
