Expansion of the used agricultural equipment business through cross-border e-commerce and overseas exports
First written in FY2020. 12 of 21 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2026.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Strengthening domestic e-commerce sales in light of geopolitical risks and domestic demand」
For used agricultural equipment, the company expanded its sales policy from the previous focus on expanding overseas channels to strengthening domestic e-commerce sales in light of geopolitical risks and domestic demand. - FY2025ReframedAnnual report
「Beginning in the fiscal year ending June 2026, the company plans to integrate its machinery products as one of its consumer reuse products, with the aim of creating cross-selling opportunities by further strengthening business synergies and maximizing customer touchpoints. It will rebuild its operating structure to be more efficient and profitable by leveraging a common customer base and marketing methods to promote purchases of additional products, among other measures.」
The company changed from explaining machinery products as an independent growth driver to positioning them for integration into consumer reuse products in the fiscal year ending June 2026, with plans to leverage cross-selling and a common customer base. - FY2025-H1AdvancedAnnual report
「Although overseas demand for used agricultural equipment remains solid, growth slowed during the interim consolidated accounting period because higher ocean freight rates, which peaked in the summer, led to buyers holding back on purchases.」
While capturing overseas demand, the company is expanding transactions with domestic corporations, improving the usability of its overseas cross-border e-commerce site, and strengthening credit management for overseas sales. - FY2024AdvancedAnnual report
「Opened the North Kanto No. 2 Yard in January 2024 to secure inventory capacity to accommodate the expansion in transaction volume, and began adapting the overseas cross-border e-commerce site for multiple languages and publishing videos showing powertrain operating conditions on a rolling basis」
In the used agricultural equipment business, the company opened the North Kanto No. 2 Yard and began offering a multilingual cross-border e-commerce site and publishing videos. - FY2024-Q3AdvancedAnnual report
「• Further expansion of overseas sales channels, operational efficiency improvements and expansion of transaction volume with domestic corporations to increase the volume of used agricultural equipment handled and smooth seasonality • Opened the North Kanto No. 2 Yard in January 2024 to secure inventory capacity to accommodate the expansion in transaction volume • Began adapting the overseas cross-border e-commerce site for multiple languages」
In the used agricultural equipment business, the company opened the North Kanto No. 2 Yard in January 2024 to expand inventory capacity and began adapting its cross-border e-commerce site for multiple languages, in addition to expanding overseas channels and operations. - FY2024-Q2RestatedAnnual report
「Further expansion of overseas sales channels, operational efficiency improvements and expansion of transaction volume with domestic corporations to increase the volume of used agricultural equipment handled」
For used agricultural equipment, the company continues to expand overseas sales channels, improve operational efficiency and expand transaction volume with domestic corporations. It also explained that gross margins declined due to the impact of overseas conditions. - FY2024-Q1AdvancedAnnual report
「For used agricultural equipment, continued efforts to expand overseas sales channels resulted in strong sales overseas of products with high gross margins, such as tractors.」
The company continued to expand overseas sales channels for used agricultural equipment, and overseas sales of products with high gross margins, such as tractors, remained strong. - FY2023AdvancedAnnual report
「Subsequently, including the acquisition in April 2022 of the used agricultural equipment purchasing and sales business of ファーマリー, which has strong domestic purchasing and sales channels, the company worked to steadily increase the volume of equipment handled by organically utilizing both its existing and new purchasing and sales channels, achieving a certain degree of success in the fourth quarter.」
The company expanded transactions with domestic corporations through synergies with the ファーマリー business, expanded overseas sales channels, and reviewed its valuation system and business processes, contributing to the agricultural equipment segment becoming profitable in the fourth quarter. - FY2023-Q3AdvancedAnnual report
「(Agricultural equipment) Further expansion of overseas sales channels to increase export volume」
The company continues to expand overseas sales channels for used agricultural equipment to increase export volume. Transaction volume with domestic corporations is also increasing through synergies with the ファーマリー business. - FY2023-Q2AdvancedAnnual report
「(Agricultural equipment) Further expansion of overseas sales channels to increase export volume」
The company continues to expand overseas sales channels for used agricultural equipment to increase export volume. In addition, transaction volume with domestic corporations increased through synergies with the ファーマリー business. - FY2023-Q1AdvancedAnnual report
「In the agricultural equipment field, transaction volume and procurement volume from domestic corporations increased through synergies with the used agricultural equipment purchasing and sales business acquired from ファーマリー in April 2022.」
Following the acquisition of the ファーマリー business, transaction volume and procurement volume from domestic corporations increased, and the agricultural equipment business has made progress in utilizing domestic channels. - FY2022AchievedAnnual report
「The business acquisition is expected to significantly expand purchasing and sales channels for domestic corporations, leading to a further increase in the volume of equipment handled.」
The company completed the acquisition of the ファーマリー business and progressed to the stage of incorporating domestic corporate channels, including agricultural cooperatives and agricultural equipment dealers, in the agricultural equipment field. - FY2022-Q3AdvancedAnnual report
「On 1 April 2022, the company entered into a business transfer agreement with ファーマリー for its used agricultural equipment purchasing and sales business. Going forward, it will accelerate its expansion in the agricultural equipment field by leveraging the extensive transaction channels with domestic corporations that are a strength of that business in purchasing and sales.」
In the used agricultural equipment business, the company entered into a business transfer agreement with ファーマリー on 1 April 2022 and has progressed to the stage of accelerating expansion by leveraging transaction channels with domestic corporations. - FY2022-Q2RestatedAnnual report
「In recent years, the company has entered the agricultural equipment field based on the knowledge and expertise cultivated through these businesses and made upfront investments to expand the earnings base of its agricultural equipment export business, among other initiatives, pursuing diversification by leveraging synergies with its existing businesses.」
The company continues to enter the agricultural equipment field, make upfront investments to expand the earnings base of its export business, and leverage synergies with existing businesses. - FY2022-Q1AdvancedAnnual report
「Specifically, the company made upfront investments, including increased marketing investment to generate more purchase requests in consumer reuse, opening new locations in the agricultural equipment field, strengthening recruitment to expand future earnings, and investing in systems.」
In the used agricultural equipment business, the company implemented a specific expansion measure by opening a new location. - FY2021AdvancedAnnual report
「More recently, these initiatives have produced results, and the volume of agricultural equipment handled has grown substantially, with exports of used Japanese agricultural equipment being the main driver of growth.」
The volume of used agricultural equipment handled has grown substantially, and the business has reached the stage where exports of used Japanese agricultural equipment are driving growth. - FY2021-Q3RestatedAnnual report
「For agricultural equipment, a large-ticket product for corporate customers that the company has focused on in recent years, the company strengthened the purchase and sale of used agricultural equipment in Japan and through cross-border e-commerce, centered on its consolidated subsidiary MEトレーディング, established in April 2020.」
The company has reaffirmed its focus on strengthening cross-border e-commerce and domestic purchasing and sales of used agricultural equipment, centered on MEトレーディング. - FY2021-Q1AdvancedAnnual report
「For agricultural equipment, a large-ticket product for corporate customers that the company has focused on in recent years, the company strengthened the purchase and sale of used agricultural equipment in Japan and through cross-border e-commerce, centered on its consolidated subsidiary MEトレーディング, established in April 2020.」
The used agricultural equipment business has progressed to the stage of strengthening cross-border e-commerce and domestic purchasing and sales, centered on MEトレーディング. - FY2020First statedAnnual report
「While farmers are increasingly leaving the industry due to aging in Japan, Japanese agricultural equipment is popular overseas because of its quality and durability. Going forward, the company will strengthen cross-border e-commerce and exports, seek to expand transactions in used agricultural equipment through its platform, and work to improve profitability.」
The company has, for the first time, presented in a consolidated manner its policy of strengthening overseas sales and platform transactions in used Japanese agricultural equipment after acquiring cross-border e-commerce and export capabilities through its agricultural equipment business acquisition.