Independent Leading Corporate Governance Research

Metrical Inc

METRICAL INC. is an independent leading Corporate Governance research firm in Japan where Corporate Governance is increasingly recognized as an important element on corporate management in these days. Thus, CG research and solutions would become an essential component of global capital markets and play important to contribute to transparency of the markets and maximize shareholders’ value in Japan. 

METRICAL INC. provides Corporate Governance research and analysis including rating services, and  also offers investment research and IR services with solutions and customized profound research on CG and IR issues.

Japan's Governance: Equity Finance Update: Demaekan (2484)

Japan's Governance: Equity Finance Update Demae-Can (2484) Vol.3

Japan's Governance: Equity Finance Update Demae-Can Vol.2

Executive Director, Metrical Inc

Aki Matsumoto

Executive Director

<ul>
<li>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.</li>
<li>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.</li>
<li>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.</li>
</ul>


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.


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

Demae-Can Co., Ltd.

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