MarketEnterprise Co.,Ltd Announces Consolidated Financial Results for the Nine Months Ended March 31, 2020
May 14, 2020
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MarketEnterprise Co.,Ltd announced consolidated financial results for the nine months ended March 31, 2020. For the nine months, the company reported net sales of JPY 7,885 million against JPY 5,999 million a year ago. Operating profit was JPY 443 million against JPY 285 million a year ago. Profit attributable to owners of parent was JPY 246 million against JPY 135 million a year ago. Net income per share was JPY 47.30 against JPY 26.57 a year ago. Diluted net income per share was JPY 44.82 against JPY 25.82 a year ago. Profit was JPY 289,860,000 compared with JPY 179,323,000 a year ago.
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.