Mercari stock was last at JPY 3,548 before November earnings

Published on 10/07/2026 at 04:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mercari stock enters its next earnings cycle after FY2026 revenue reached JPY 229.2 billion, up 19 percent year over year. Core operating profit rose 60 percent to JPY 44.1 billion.

Mercari, JP3921290007, Illustration mit AI erstellt.

Mercari stock (ISIN JP3921290007) was last at JPY 3,548.0 on the Tokyo Stock Exchange on October 6, 2026, down 0.22 percent from the previous close. The next earnings report is scheduled for November 4, giving the market a dated checkpoint after a record FY2026.

FY2026 revenue rose 19 percent

According to Quartr in its September 18, 2026 earnings summary, Mercari reported FY2026 revenue of JPY 229.2 billion, a 19 percent year-over-year increase. Core operating profit reached JPY 44.1 billion, up 60 percent year over year, while operating profit rose 57.7 percent to JPY 43.9 billion.

The business mix also supplied a measurable growth angle. Marketplace gross merchandise value reached JPY 1,285.6 billion, up 14.7 percent year over year, and FinTech revenue rose 29.2 percent to JPY 65.1 billion, according to Quartr.

FY2027 guidance sets the test

Mercari's FY2027 guidance calls for revenue of JPY 260-290 billion and core operating profit of at least JPY 45 billion. The revenue range implies continued expansion from the JPY 229.2 billion FY2026 base, while the operating-profit threshold sits above the JPY 44.1 billion achieved in the prior fiscal year.

Capital allocation and valuation remain important counterweights to the operating progress. Futu reported on September 24, 2026 that UBS maintained a Buy rating and raised its Mercari target from JPY 5,100 to JPY 5,860.

As of October 6, 2026, Investing.com listed a Buy consensus from 13 analysts, with 7 Buy ratings and 6 Hold ratings. The average 12-month target was JPY 5,036.9, with a high of JPY 5,860 and a low of JPY 4,000; the average target stood 29.56 percent above the JPY 3,548.0 share price.

Stock was last at JPY 3,548.0

Mercari was last at JPY 3,548.0 on October 6, 2026, with a 52-week range of JPY 2,069.0 to JPY 5,111.0 and market capitalization of JPY 584.2 billion. For investors, the November earnings date puts FY2027 execution against the revenue range and the JPY 45 billion operating-profit threshold at the center of the next valuation debate.