Demae-Can Co., Ltd.

Japan's Governance: Demae-Can (2484) 1QFY8/2022 Briefing

ESG
137 Views, 18 Jan 2022 12:23
EXECUTIVE SUMMARY
  • On January 14 (Fri.), I attended the 1QFY8/2022 earnings presentation of Demae-Can (2484), followed by the recent accounting scandal and update the profitability of the Company.
  • GMV in 1QFY8/2022 slows to grow in QoQ. Also, the take rate in QoQ was flat from 4QFY8/2021, which seems to have risen as much as GMV slightly decreased.
  • The focus will still be on when the end of competition will bring promotional expenses to an equilibrium level and allow the E-Commerce Model to return to profitability.
detail (5-minute read)
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