Overseas Business Platform in South Korea and China
First written in FY2016. 5 of 30 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026Update to consolidated Group structure and subsidiary activitiesAnnual report
「The consolidated subsidiary Inspiration株式会社 operates a solutions business for automotive dealers. ジェイ・コア株式会社 is dormant and currently has no business activities. ValuAble Co., Ltd. is a joint venture established in South Korea, in which it holds an 80.0% stake, and is pursuing automotive content development and systems services businesses for automotive-related businesses in South Korea.」
The Group structure following the liquidation of the Chinese subsidiary has been updated, with ジェイ・コア described as dormant, Inspiration株式会社 as operating the solutions business for automotive dealers, and ValuAble as responsible for the South Korean business. - FY2025Liquidation of the Chinese subsidiaryAnnual report
「千車科技（北京）有限公司 was liquidated in December 2024.」
The Chinese consolidated subsidiary was liquidated and excluded from the consolidated subsidiaries as of the end of March 2025. - FY2024WorsenedAnnual report
「Equity-method investment loss 6,823」
Equity-method earnings went from income of ¥2.272 million in the previous fiscal year to a loss of ¥6.823 million in the current fiscal year, resulting in a deterioration in earnings related to overseas associates and other entities. - FY2024-Q3WorsenedAnnual report
「Equity-method investment income 1,460 － Equity-method investment loss － 6,752」
Equity-method earnings went from income of ¥1.460 million in the same period of the previous year to a loss of ¥6.752 million for the cumulative third quarter, indicating a deterioration in earnings related to overseas associates and other entities. - FY2024-Q2WorsenedAnnual report
「Equity-method investment income 591 － Equity-method investment loss － 7,102」
Equity-method earnings went from income of ¥591 thousand in the cumulative period of the same quarter of the previous year to a loss of ¥7.102 million for the cumulative second quarter. - FY2024-Q1WorsenedAnnual report
「Equity-method investment loss 41 7,722」
Equity-method investment loss increased from ¥41 thousand in the same period of the previous year to ¥7.722 million in the first quarter, indicating a deterioration in equity-method earnings related to overseas associates and other entities. - FY2023Full-year update to consolidated Group structureAnnual report
「As of 31 March 2023, our Group consisted of the Company, 4 consolidated subsidiaries and 1 associate accounted for under the equity method.」
The company disclosed the Group structure at the end of March 2023, comprising 4 consolidated subsidiaries, including Inspiration株式会社, and 1 associate accounted for under the equity method. Its overseas operating bases in China and South Korea, 千車科技 and ValuAble, respectively, remain in place. - FY2023-Q3Decline in third-quarter equity-method investment incomeAnnual report
「Equity-method investment income 3,000 1,460」
Equity-method investment income decreased from ¥3.000 million in the same period of the previous year to ¥1.460 million for the cumulative third quarter. - FY2022Decline in equity-method investment profitAnnual report
「Equity-method investment income 13,908 3,343」
Equity-method investment income decreased from ¥13.908 million in the previous fiscal year to ¥3.343 million in the current fiscal year. - FY2022Update to the consolidated group structureAnnual report
「As of 31 March 2022, our Group consisted of the Company, 3 subsidiaries and 1 associate.」
The company disclosed the Group structure following the sale of shares in ミネルバグランディール and its removal from the scope of consolidation. The 3 consolidated subsidiaries are ジェイ・コア, 千車科技（北京） and Value Able. - FY2022-Q2Decline in equity-method investment profitAnnual report
「Equity-method investment income 10,068 2,045」
Equity-method investment income decreased from ¥10.068 million in the same period of the previous year to ¥2.045 million for the cumulative second quarter. - FY2022-Q1Decline in equity-method investment profitAnnual report
「Equity-method investment income 7,574 931」
Equity-method investment income decreased from ¥7.574 million in the same period of the previous year to ¥931 thousand in the first quarter. - FY2021AdvancedAnnual report
「As of 31 March 2021, our Group consisted of the Company, 4 subsidiaries and 1 associate.」
Following the sale of the CAR AUCTION shares and its removal from equity-method accounting, the Group has incorporated Value Able Co., Ltd. in South Korea as a consolidated subsidiary and a new overseas operating base. - FY2021-Q3Sale of South Korean associate's shares and removal from equity-method accountingAnnual report
「We sold 980,000 shares of CAR AUCTION Co., Ltd., an associate accounted for under the equity method, on 18 December 2020. As a result, our ownership ratio fell to 15.53%, and the company was excluded from the scope of equity-method accounting from the third quarter of the consolidated fiscal year.」
The company sold 980,000 shares of CAR AUCTION Co., Ltd. and, as its ownership ratio fell to 15.53%, removed the company from equity-method accounting. In connection with this, it recorded a gain on the sale of shares in an associate of ¥179.449 million, and net income attributable to owners of the parent increased 49.0% year on year. - FY2021-Q2Slight decline in equity-method investment incomeAnnual report
「Equity-method investment income 10,315 10,068」
Equity-method investment income edged down from ¥10.315 million in the same period of the previous year to ¥10.068 million for the cumulative second quarter. - FY2021-Q1Increase in share of profit of investments accounted for using the equity methodAnnual report
「Equity-method investment income 4,940 7,574」
Equity-method investment income increased from ¥4.940 million in the same period of the previous year to ¥7.574 million in the first quarter. - FY2020Decline in equity-method investment profitAnnual report
「Equity-method investment income 25,822 23,676」
Equity-method investment income decreased from ¥25.822 million in the previous fiscal year to ¥23.676 million in the current fiscal year. - FY2020-Q3Decline in equity-method investment profitAnnual report
「Equity-method investment income 17,158 13,369」
Equity-method investment income decreased from ¥17.158 million in the same period of the previous year to ¥13.369 million for the cumulative third quarter. - FY2020-Q2Increase in share of profit of investments accounted for using the equity methodAnnual report
「Equity-method investment income 10,052 10,315」
Equity-method investment income increased from ¥10.052 million in the same period of the previous year to ¥10.315 million for the cumulative second quarter. - FY2020-Q1Recognition of equity-method investment gainAnnual report
「Equity-method investment income － 4,940」
The company went from recording equity-method investment loss of ¥18 thousand in the same period of the previous year to recording equity-method investment income of ¥4.940 million in the first quarter. - FY2019Increase in share of profit of investments accounted for using the equity methodAnnual report
「Equity-method investment income 7,349 25,822」
Equity-method investment income increased from ¥7.349 million in the previous fiscal year to ¥25.822 million in the current fiscal year. - FY2019-Q3Increase in share of profit of investments accounted for using the equity methodAnnual report
「Equity-method investment income 9,640 17,158」
Equity-method investment income increased from ¥9.640 million in the same period of the previous year to ¥17.158 million for the cumulative third quarter, also rising from ¥10.052 million in the previous quarter on a cumulative basis. - FY2019-Q2Recovery in equity-method investment incomeAnnual report
「Equity-method investment income 9,933 10,052」
Equity-method investment income increased from ¥9.933 million in the same period of the previous year to ¥10.052 million in the current period. After equity-method investment loss was recorded in the previous quarter, the company returned to recording income for the cumulative second quarter. - FY2019-Q1WorsenedAnnual report
「Equity-method investment income 8,338 － Equity-method investment loss － 18」
Whereas equity-method investment income of ¥8.338 million was recorded in the same period of the previous year, equity-method investment loss of ¥18 thousand was recorded in the current quarter, resulting in a deterioration in equity-method earnings related to overseas associates and other entities. - FY2018Name change of South Korean associate and update to overseas operating baseAnnual report
「CAR AUCTION Co., Ltd. (formerly SLK Solution Inc.) is a joint venture established in South Korea, in which it holds a 49.0% stake, and is pursuing operations in South Korea as a support company for automotive finance businesses.」
For the South Korean joint-venture associate, the company has reflected the name change from SLK Solution Inc. to CAR AUCTION Co., Ltd. and described the overseas operating base together with the Chinese subsidiary. - FY2017RestatedAnnual report
「千車科技（北京）有限公司 is pursuing operations in China as a support company for automotive finance businesses. Its associate, SLK Solution Inc., is a joint venture established in South Korea, in which it holds a 49.0% stake, and is pursuing operations in South Korea as a support company for automotive finance businesses.」
The company has reaffirmed its overseas operating base through the Chinese subsidiary and the South Korean associate accounted for under the equity method. - FY2017-Q3RestatedAnnual report
「Equity-method investment income declined significantly because the South Korean associate continues to prioritize investment in an effort to expand its market share, resulting in lower profit than in the same period of the previous year.」
The South Korean associate's policy of prioritizing investment and expanding market share, together with the resulting decline in equity-method investment income, continues. - FY2017-Q2RestatedAnnual report
「Equity-method investment income declined significantly because the South Korean associate is prioritizing investment in an effort to expand its market share, resulting in lower profit than in the same period of the previous year.」
The South Korean associate's policy of prioritizing investment and expanding market share, together with the resulting decline in equity-method investment income, continues. - FY2017-Q1Update on overseas operationsAnnual report
「Equity-method investment income declined because the South Korean associate prioritized investment in an effort to expand its market share.」
The South Korean associate is prioritizing investment in an effort to expand its market share. - FY2016First statedAnnual report
「千車科技（北京）有限公司 is pursuing operations in China as a support company for automotive finance businesses. Its associate, SLK Solution Inc., is a joint venture established in South Korea, in which it holds a 49.0% stake, and is pursuing operations in South Korea as a support company for automotive finance businesses.」
The existing overseas operating base through the Chinese subsidiary and the South Korean associate accounted for under the equity method is described.