Management Message

Reflecting on the fiscal year ended March 2025, our core auto auction business achieved significant growth. The number of consigned vehicles exceeded 3.2 million, a 3.8% increase year on year, giving us a market share of 41.4% (calendar year 2024 basis). This strong performance drove consolidated results to record highs, with net sales surpassing the ¥100 billion mark for the first time at ¥104.0 billion, and operating profit breaking the ¥50 billion threshold, reaching ¥54.2 billion.
Looking ahead to the fiscal year ending March 2026, we project consolidated net sales of ¥111.8 billion and operating profit of ¥56.5 billion.
A key focus will be large-scale investments in major venues, beginning with the reconstruction of our Yokohama site in January 2026, followed by the Tokyo site and HAA Kobe. Through these initiatives, we aim to expand our market share toward a long-term goal of 50%. At the same time, we are raising our medium- to long-term management goal for ROE from 15% to 20% or higher, underscoring our commitment to sustainable corporate value creation.
Recognizing the importance of shareholder value, we are further reinforcing our approach to shareholder returns. We will increase our basic dividend payout ratio from 55% or more to 60% or more. In addition, as part of our three-year shareholder return policy (from the fiscal year ending March 2026 to that ending March 2028), we plan to achieve a total return ratio of 100% or more, including share buybacks.
We remain deeply grateful for the continued trust and support of our shareholders as we pursue these goals.

August 2025

The performance outlook reflects the revisions made on August 5, 2025.