It was announced that Mercari dissolved, and liquidated British subsidiary company “Mercari Europe Ltd” and “Merpay Ltd” on December 18.
This company has worked on the business related to the marketplace in Japan, the United States, and Britain. It is said that the dissolution of the subsidiary company was decided because it did not become establishment of the business of the expected level though the transfer of the knowhow that Mercari has is promoted after Mercari Europe Ltd that is a British subsidiary company is established in November, 2015, and it has worked on the expansion of Frimasarbis “Mercari ” for a British market.
About 430,000 yen (3000 pounds) and the operating loss and the ordinary loss were about 1,039,210,000 yen (7 million 308 thousand pounds) ..the achievement at the period on June, 2018 of Mercari Europe Ltd.. ..sales…
The extraordinary loss of about 200 million yen like various cost according to the base close etc. in rough figures assumes ..generation.. expectation as outlook for the future by the dissolution of the subsidiary company such as Mercari Europe Ltd by the consolidation at the period on June, the period or 2020 June, 2019.
Moreover, this company explains that they have been recognizing the affiliates stocks appraisal loss of about 90 million yen in total that lies to total about 1.35 billion yen and Merpay Ltd that lies Mercari Europe Ltd up to now. It is said that this loss is expected to be admitted in the taxation business after the period on June, 2019, and to be reduced the connection of this company and the amount of money of the corporation tax etc. of the unit.
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