Mercari, Inc.

OTCPK:MCAR.Y Stock Report

Market Cap: US$3.3b

Mercari Management

Management criteria checks 3/4

Mercari's CEO is Shintaro Yamada, appointed in Apr 2017, has a tenure of 8.75 years. total yearly compensation is ¥231.00M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 27.74% of the company’s shares, worth $923.56M. The average tenure of the management team and the board of directors is 5.3 years and 2.3 years respectively.

Key information

Shintaro Yamada

Chief executive officer

JP¥231.0m

Total compensation

CEO salary percentage6.93%
CEO tenure8.8yrs
CEO ownership27.7%
Management average tenure5.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shintaro Yamada's remuneration changed compared to Mercari's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

JP¥28b

Jun 30 2025JP¥231mJP¥16m

JP¥26b

Mar 31 2025n/an/a

JP¥16b

Dec 31 2024n/an/a

JP¥16b

Sep 30 2024n/an/a

JP¥14b

Jun 30 2024JP¥237mJP¥22m

JP¥13b

Mar 31 2024n/an/a

JP¥17b

Dec 31 2023n/an/a

JP¥16b

Sep 30 2023n/an/a

JP¥15b

Jun 30 2023JP¥237mJP¥22m

JP¥13b

Compensation vs Market: Shintaro's total compensation ($USD1.46M) is below average for companies of similar size in the US market ($USD6.87M).

Compensation vs Earnings: Shintaro's compensation has been consistent with company performance over the past year.


CEO

Shintaro Yamada (48 yo)

8.8yrs
Tenure
JP¥231,000,000
Compensation

Mr. Shintaro Yamada is Co-Founder of Mercari, Inc. and serves as its Global Chief Executive Officer since April 2017 and served as its Representative Director since February 2013. Mr. Yamada serves as Repr...


Leadership Team

NamePositionTenureCompensationOwnership
Shintaro Yamada
Co-Founder8.8yrsJP¥231.00m27.74%
$ 923.6m
Sayaka Eda
Executive Officer5yrsJP¥121.00m0.027%
$ 891.6k
Masato Yamamoto
Executive Officer & Senior VP of Japan Businessno dataJP¥105.00m0.0087%
$ 290.7k
Fumiaki Koizumi
President & Chairman of the Board11.8yrsJP¥100.00m0.61%
$ 20.2m
Hiroaki Shintani
VP & Chief Information Officer3yrsno datano data
Lisa Lechner
Chief Compliance Officerno datano datano data
Tomohiko Kikuchi
VP & Chief Legal Officer3yrsno datano data
Ai Miyakawa
VP & Chief Human Resources Officer2yrsno datano data
Robin Clark
Senior Vice President of Special Projectsno datano datano data
Yuki Hamada
Senior VP & Chief Innovation Officer5.3yrsno datano data
Bradford Williams
Head of US Communications6.9yrsno datano data
Jun Yokota
Senior Vice President of Corporate5.3yrsno datano data
5.3yrs
Average Tenure
44.5yo
Average Age

Experienced Management: MCAR.Y's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shintaro Yamada
Co-Founder12.9yrsJP¥231.00m27.74%
$ 923.6m
Sayaka Eda
Executive Officer2.3yrsJP¥121.00m0.027%
$ 891.6k
Fumiaki Koizumi
President & Chairman of the Board11.8yrsJP¥100.00m0.61%
$ 20.2m
Kazuhiko Toyama
Lead Independent Director2.3yrsno data0.00036%
$ 12.0k
Kumi Fujisawa
Independent Outside Director1.3yrsno data0.00030%
$ 10.0k
Shiho Konno
Independent Outside Director1.3yrsno datano data
Masahiro Kotosaka
Independent Outside Directorless than a yearno datano data
Makiko Shinoda
Independent Outside Director5.3yrsno data0.00036%
$ 12.0k
Takuya Kitagawa
Independent Outside Director2.3yrsno data0.00036%
$ 12.0k
Mayumi Tochinoki
Director2.3yrsno data0.0012%
$ 40.6k
Mayumi Umezawa
Independent Outside Director1.3yrsno datano data
Kikka Hanazawa
Independent Outside Director1.3yrsno datano data
2.3yrs
Average Tenure
51.5yo
Average Age

Experienced Board: MCAR.Y's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/15 06:36
End of Day Share Price 2026/01/12 00:00
Earnings2025/09/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mercari, Inc. is covered by 22 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yoshitaka NagaoBofA Global Research
Junko YamamuraCitigroup Inc
Keiichi YoneshimaCitigroup Inc