Mercari Reports 70% Increase in Operating Profit for Q3; Stable Revenue from Mercoin Cryptocurrency

On May 11, Mercari announced its consolidated financial results for the third quarter of the fiscal year ending June 2026 (July 2025 to March 2026). Sales revenue increased by 16.1% year-over-year to 167.291 billion yen, core operating profit rose by 74.5% to 34.876 billion yen, operating profit increased by 69.7% to 34.518 billion yen, and net profit attributable to the parent company grew by 65.6% to 19.431 billion yen. In its domestic operations, the marketplace's GMV (Gross Merchandise Volume)...