Consolidated Forecast

(Million yen)

	FY22 (Actual)	FY23 (Actual)	FY24 (Forecast)	VS. previous year
Net sales	88,778	97,606	101,900	104.4%
Operating profit	43,778	48,967	51,500	105.2%
Ordinary profit	44,491	49,654	52,200	105.1%
Profit attributable to owners of parent	30,008	32,906	35,000	106.4%
Profit per share (Yen)	61.34	68.28	72.85	106.7%

Auto Auction Business (excl. JBA)	FY22 (Actual)	FY23 (Actual)	FY24 (Forecast)	VS. previous year
No. of vehicles consigned (Thousands)	2,958	3,084	3,100	100.5%
No. of vehicles contracted (Thousands)	1,863	1,986	2,000	100.7%
Contract completion rate	63.0%	64.4%	64.5%	-

New vehicle sales in Japan are recovering slowly following the improper testing incident at a Japanese automaker. As a result, a gradual recovery is expected in the number of vehicles consigned at auctions. Exports of used cars, which have an effect on the demand for used cars in Japan, are expected to remain high.
The USS Group has the goals of maintaining a large number of vehicles consigned by improving services for members, such as by providing greater convenience, and capturing a larger share of Japan's automobile auction market.
In the fiscal year that ending on March 31, 2025, we assume that vehicles consigned at our auto auctions will increase 0.5% to 3,100 thousand, vehicles contracted will increase 0.7% to 2,000 thousand, and the contract completion rate will increase from 64.4% to 64.5%.

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.