|Company Name||USS Co., Ltd.|
|Head Office||507-20 Shinpo-machi, Tokai-shi, Aichi Prefecture 476-0005 Japan Access Map|
|Representatives||President and Representative Director : Yukihiro Ando|
|Capital||18,881 million yen|
|Established||October 29, 1980|
|Number of Employees||Full-time employees: 583; part-time employees: 119
(Group basis) full-time employees: 1,032; part-time employees: 188* The figure for part-time workers is the average over the term (assuming a working day of seven hours and 30 minutes).
|Business||Management of used vehicle auction|
|Number of members||On-site auction members: 47,111
Satellite auction members: 2,894
Internet auction members: 29,966
Used vehicle purchasing shops: 169 (including 22 direct shops)
* Figures for members are on a group-wide basis.
(As of March 31,2017)
1.We will become a diversified used car distribution organization that is a valued member of society.
- Operate fair and transparent auctions by developing and using advanced technologies.
- Offer the same services throughout Japan by increasing the use of the Internet and other channels.
- Protect the environment by properly disposing of end-of-life vehicles and expanding the recycling business.
2.We will become an organization that is trusted by customers and the public.
- Offer a consistently high level of services nationwide by upgrading the quality of auction operations.
- Restructure the IT management framework and reinforce information security, including measures to be prepared for natural disasters.
3.We will become an organization that leverages all of its strengths to adapt to changes in our markets.
- Increase interaction among group companies in order to respond to a changing operating environment.
- Establish ties with many companies with emphasis on the used car auction business.
- Launch many new businesses.
4.We will build a team of self-reliant individuals who can continue the USS Group´s growth for many more years.
- Establish a new personnel system that encourages people to become more self-reliant.
- Strengthen education and training programs to give people the skills to become managers.
5.We will incorporate the interests of shareholders in our operations.
- Make earnings distributions to shareholders one of our highest priorities.
- Maintain a consolidated dividend payout ratio of at least 50% as a basic policy.
USS Co., Ltd. on December 15, 2015 established the undermentioned Fundamental Policy for Corporate Governance for the purpose of defining the fundamental thinking and framework regarding corporate governance for USS and its subsidiaries.
Fundamental Corporate Governance Policy of the USS Group
USS is pushing forward with the revitalization of the used vehicle distribution market, with its auto auction business as the core.
USS smoothly distributes used vehicles by running used vehicle auctions.
It holds the mainstay on-site auctions at 17 Auction Site Locations across the country, satellite auctions and Internet auctions. Our membership stood at 47,111 firms at the end of March 2017. With a market share of over 30% (Results January - December 2016 : 32.5%) in the used vehicle auction industry, USS is Japan's largest auto auction company.
Used vehicle purchasing and selling business
With auto auctions, it is important to win the confidence of the members by boosting both the number of vehicle consignments and the number of completed contracts.
Auto auctions only become lively when people who want to buy or sell cars can get together with many people who are looking for vehicles to buy.
To secure as many high-quality used vehicles as possible, USS operates "Rabbit," a used car purchasing chain unique to the USS Group that has bases all over the country.
Before to the enforcement of the Vehicle Recycling Law, USS set up Auction Site Locations dedicated to reusable vehicles, which handle older-model/high mileage vehicles.
Vehicles sold at such Auction Site Locations are utilized in various ways, both at home and abroad. USS also scraps unsold vehicles at the request of their owners to recycle them as rebuilt auto parts, raw materials or solid fuel.
|President and Representative Director||Yukihiro Ando|
|Representative Vice President||Dai Seta|
|Executive Vice President||Manager of Tokyo Auction Site||Motohiro Masuda|
|Executive Vice President||Officer of the Supervisory Office||Masafumi Yamanaka|
|Senior Managing Director||Manager of Kyushu Auction Site||Toshio Mishima|
|Senior Managing Director||Officer of the Auction Operation Office||Masayuki Akase|
|Junior Managing Director||Manager of Osaka-Kobe Auction Site||Hiromitsu Ikeda|
|Director||Hitoshi Tamura (Outside)|
|Director||Akihiko Kato (Outside)|
|Director||Mitsuhiro Aso (Outside)|
|Full-time Corporate Auditor||Shinji Ozaki|
|Corporate Auditor||Toru Niwa (Outside)|
|Corporate Auditor||Ryoichi Miyazaki (Outside)|
|Executive Officer||Manager of Sapporo Auction Site||Yukiyasu Sugata|
|Executive Officer||Manager of Gunma Auction Site||Eiichi Arai|
|Executive Officer||Manager of Okayama-Shikoku Auction Site||Seiichi Kaneda|
|Executive Officer||Manager of Fukuoka Auction site||Yasuhisa Koga|
|Executive Officer||General Manager of Internet Department||Hiroshi Kojima|
(As of June 13, 2017)
|Company Name||Location||Main Business||Equity Interest|
|USS Co., Ltd.||Tokai City, Aichi||Operation of used car auction|
|US Butsuryu Co., Ltd.||Tokai City, Aichi||Transport service of motor lorry||100%|
|USS Support Service Co., Ltd.||Tokai City, Aichi||Financial services||100%|
|Reproworld Co., Ltd.||Noda City, Chiba||Purchasing and selling of accident-damaged vehicles||100%|
|Rabbit Car Network Co., Ltd.||Chiyoda Ward, Tokyo||Purchasing and selling of used vehicle||100%|
|ARBIZ Co., Ltd.||Nagoya City, Aichi||Recycling of end-of-life automobiles and other goods||51%|
|USS Logistics International Service Co., Ltd.||Yokohama City, Kanagawa||Used car export procedures||100%|
|Japan Bike Auction Co., Ltd.||Yokohama City, Kanagawa||Operation of motorcycle auction||66%|
(As of June 1, 2016)