Consolidated Forecast
(Million yen)
| FY23 (Actual) |
FY24 previous plan (Nov. 5, 2024) |
FY24 revised plan (Feb. 4, 2025) |
YoY | |
|---|---|---|---|---|
| Net sales | 97,606 | 102,606 | 102,900 | 105.4% |
| Operating profit | 48,937 | 52,900 | 53,170 | 108.6% |
| Ordinary profit | 49,654 | 53,600 | 53,860 | 108.5% |
| Profit attributable to owners of parent |
32,906 | 36,350 | 36,650 | 111.4% |
| Profit per share (Yen) | 68.28 | 75.65 | 76.49 | 112.0% |
| Auto Auction Business (excl. JBA) |
FY23 (Actual) |
FY24 previous plan (Nov. 5, 2024) |
FY24 revised plan (Feb. 4, 2025) |
YoY |
|---|---|---|---|---|
| No. of vehicles consigned (Thousands) |
3,084 | 3,082 | 3,125 | 101.3% |
| No. of vehicles contracted (Thousands) |
1,986 | 2,070 | 2,090 | 105.2% |
| Contract completion rate | 64.4% | 67.2% | 66.9% | - |
In the nine months ended December 31, 2024, the volume of transactions in the auto auction market continued to decline due to factors such as the certification test fraud issue involving domestic automakers. However, capital investments, including the expansion of auction lanes at the Tokyo auction site, proved effective, leading to an increase in the number of consigned vehicles. As a result, net sales, operating profit, ordinary profit, and profit attributable to owners of parent exceeded forecasts.
Accordingly, the full-year forecast has been revised upward to reflect the third-quarter results, superseding the earlier consolidated earnings forecast released on November 5, 2024.
The business forecasts and other forward-looking statements contained in this material are based on the information currently available to the Company and certain assumptions judged to be reasonable. Such statements are neither promises nor guarantees of future performance. The actual results may differ significantly from these statements for a number of reasons.