Mercari,Inc. (4385.T) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	204.7B	192.6B	187.4B	172.1B	147.0B
Cost of Revenue	13.5B	54.4B	57.7B	57.6B	51.9B
Gross Profit	35.9B	138.3B	129.7B	114.4B	95.1B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	26.6B	110.7B	110.9B	97.4B	98.9B
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	551.0M	654.0M	2.0B	—	—
Total Operating Expenses	27.2B	111.3B	112.8B	97.4B	98.9B
Cost and Expenses	168.5B	164.8B	169.9B	155.0B	150.8B
Operating Income (EBIT)	36.2B	27.8B	17.5B	17.0B	(3.7B)
Non-Operating
Interest Income	261.0M	1.9B	891.0M	501.0M	50.0M
Interest Expense	235.0M	668.0M	488.0M	182.0M	129.0M
Net Interest Income	26.0M	1.3B	403.0M	319.0M	(79.0M)
Other Non-Op Income/Expense	120.0M	920.0M	598.0M	426.0M	(180.0M)
Non-Operating Income (excl Interest)	—	—	—	215.0M	60.0M
EBT (Pre-Tax Income)	8.9B	29.1B	17.9B	16.4B	(4.0B)
Income Tax Expense	4.0B	2.9B	4.4B	3.5B	3.6B
Bottom Line
Net Income	29.3B	26.1B	13.5B	13.1B	(7.6B)
Earnings from Cont. Ops	—	—	—	—	—
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	29.3B	26.2B	13.5B	13.1B	(7.6B)
Per Share
Basic EPS	¥178	¥159	¥82	¥81	(¥47)
Diluted EPS	¥178	¥155	¥79	¥77	—
Revenue Per Share	¥1,243	¥1,173	¥1,148	¥1,067	¥920
Shares
Basic Shares Outstanding	164.7M	164.2M	163.2M	161.3M	159.9M
Diluted Shares Outstanding	—	—	—	—	—
Profitability Metrics
EBITDA	9.5B	29.7B	19.5B	18.0B	(2.9B)
D&A	617.0M	1.8B	2.0B	933.0M	818.0M
EBIT	36.2B	27.8B	17.5B	17.0B	(3.7B)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026