Up Garage Store Renovations, Expanded Purchase Operations and New Store Stabilization
First written in FY2017-Q1. 18 of 35 entries say "Advanced", first in FY2019-Q1. Latest entry: 2026-10-30.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In the Up Garage business, we continued to review the earnings structure and focused on improving the gross margin by enhancing operational efficiency. In addition to favorable sales of studless tires, net sales for the fiscal year progressed favorably partly because the Up Garage Akita store had been closed for approximately 1 month in the previous fiscal year in preparation for its closure. As a result, for the fiscal year, net sales were ¥1,190 million, up 6.2% year on year, and segment profit (operating profit) was ¥157 million, up 51.9%.」
Continued reviews of the earnings structure and operational efficiency resulted in a 6.2% increase in net sales and segment profit of ¥157 million, up 51.9%. - 2026-05-08AdvancedEarnings
「収益構造の見直しを継続的に進めるとともに、業務の効率化を図ることで粗利率の向上に注力して参りました。」
アップガレージで収益構造の見直しと業務効率化を継続し、売上高6.2％増、セグメント利益51.9％増となっている。 - FY2026-H1AdvancedAnnual report
「In the Up Garage business, we continued to review the earnings structure and focused on improving the gross margin by enhancing operational efficiency. In addition, sales and operating profit for the interim accounting period progressed favorably, partly because the Up Garage Akita store had been closed for approximately 1 month in the same period of the previous year in preparation for its closure. As a result, for the interim accounting period, net sales were ¥495 million, up 6.0% year on year, and segment profit (operating profit) was ¥28 million, up 722.4%.」
Continued reviews of the earnings structure and operational efficiency resulted in a 6.0% increase in net sales and segment profit of ¥28 million, up 722.4% year on year. - FY2025AdvancedAnnual report
「As a result, for the fiscal year, net sales were ¥1,121 million, up 3.1% year on year, and segment profit (operating profit) was ¥103 million, up 14.2%.」
Following the transfer of operations of the Akita store and the opening of the new Miyagi Furukawa store, the Up Garage business recorded a 3.1% increase in net sales and a 14.2% increase in segment profit. The disclosure also notes increased demand for used tires and wheels. - FY2025-H1Transfer of operations and opening of a new storeAnnual report
「In the Up Garage business, we transferred the Up Garage Akita store in Akita, Akita Prefecture, to UP GARAGE GROUP Co.,Ltd. in July 2024 and opened the new Up Garage Miyagi Furukawa store in Osaki, Miyagi Prefecture, in the same month. As in the Yellow Hat business, net sales for the interim accounting period were favorable because the previous fiscal year's spring sales campaign shifted into April 2024, but higher expenses from the new store resulted in higher sales and lower profit. As a result, for the interim accounting period, net sales were ¥467 million, up 3.1% year on year, and segment profit (operating profit) was ¥3 million, down 17.6%.」
While operations of the Akita store were transferred, the Miyagi Furukawa store was newly opened. Net sales increased 3.1%, but segment profit declined 17.6% due to new-store expenses. - FY2024AdvancedAnnual report
「In the Up Garage business, we relocated and reopened the Up Garage Sendai store in March 2024 at the former location of the Yellow Hat Sendai Rokuchonome store in Wakabayashi Ward, Sendai, Miyagi Prefecture. Although net sales remained broadly flat due in part to the closure associated with the relocation, operating profit improved for the fiscal year as we focused on improving the gross margin through a review of the earnings structure and other measures. As a result, for the fiscal year, net sales were ¥1,086 million, up 0.5% year on year, and segment profit (operating profit) was ¥91 million, up 18.1%.」
The Up Garage Sendai store was relocated in March 2024. Higher gross margins resulting from a review of the earnings structure and other measures resulted in full-year segment profit of ¥91 million, up 18.1% year on year. - FY2024-Q3AdvancedAnnual report
「In the Up Garage business, net sales remained broadly flat, but operating profit improved for the cumulative third quarter as we focused on improving the gross margin through a review of the earnings structure and other measures. As a result, for the cumulative third quarter, net sales were ¥875 million, up 1.6% year on year, and segment profit (operating profit) was ¥100 million, up 19.5%.」
We continued efforts to improve the gross margin through a review of the earnings structure and other measures, resulting in a 1.6% year-on-year increase in net sales and segment profit of ¥100 million, up 19.5%. - FY2024-Q2AdvancedAnnual report
「In the Up Garage business, net sales remained broadly flat, but operating profit improved for the cumulative second quarter as we focused on improving the gross margin through a review of the earnings structure and other measures. As a result, for the cumulative second quarter, net sales were ¥452 million, down 0.2% year on year, and segment profit (operating profit) was ¥4 million, up 38.2%.」
Efforts to improve the gross margin through a review of the earnings structure and other measures resulted in broadly flat net sales and segment profit of ¥4 million, up 38.2% year on year. - FY2023AdvancedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. The number of automotive product purchases increased as the used-car market became more active, resulting in favorable performance. As a result, for the fiscal year, net sales were ¥1,081 million, up 10.7% year on year, and segment profit (operating profit) was ¥77 million, up 58.0%.」
The increase in purchases accompanying the revitalization of the used-car market resulted in a 10.7% increase in net sales and a 58.0% increase in segment profit. - FY2023-Q3AdvancedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. The number of automotive product purchases increased as the used-car market became more active, resulting in favorable performance for the cumulative third quarter. As a result, for the cumulative third quarter, net sales were ¥861 million, up 10.8% year on year, and segment profit (operating profit) was ¥84 million, up 39.2%.」
The increase in automotive product purchases accompanying the revitalization of the used-car market resulted in a 10.8% year-on-year increase in net sales and a 39.2% increase in segment profit. - FY2023-Q2AdvancedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. The number of automotive product purchases increased gradually month by month, resulting in favorable performance for the cumulative second quarter. As a result, for the cumulative second quarter, net sales were ¥453 million, up 9.9% year on year, and segment profit (operating profit) was ¥3 million, compared with a segment loss (operating loss) of ¥6 million in the same period of the previous year.」
The increase in automotive product purchases resulted in a 9.9% year-on-year increase in net sales, while segment earnings improved from a loss of ¥6 million in the previous year to profit of ¥3 million. - FY2023-Q1AdvancedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. The number of automotive product purchases increased gradually month by month, and performance was favorable for the cumulative first quarter. As a result, for the cumulative first quarter, net sales were ¥242 million, up 8.7% year on year, and segment profit (operating profit) was ¥12 million, up 65.4%.」
The number of automotive product purchases increased month by month, resulting in an 8.7% year-on-year increase in net sales and a 65.4% increase in segment profit. - FY2022-Q3Profit declined despite recovery in purchases and sales and an increase in storesAnnual report
「In the Up Garage business, performance through September 2021 was similar to that of the Yellow Hat business. The number of automotive product purchases increased gradually month by month, and net sales recovered as product availability improved, resulting in favorable performance. However, segment profit declined due to increased expenses associated with the increase in stores. As a result, for the cumulative third quarter, net sales were ¥777 million, up 1.2% year on year, and segment profit (operating profit) was ¥60 million, down 19.3%.」
Net sales recovered as the number of used automotive product purchases increased and product availability improved, while higher expenses from the increase in stores caused segment profit to decline 19.3% year on year. - FY2022-Q2WorsenedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. Although the number of automotive product purchases increased gradually month by month, it remained below the same period of the previous year, and performance was weak for the cumulative second quarter. As a result, for the cumulative second quarter, net sales were ¥412 million, down 2.8% year on year, and segment loss (operating loss) was ¥6 million, compared with segment profit (operating profit) of ¥19 million in the same period of the previous year.」
Although the number of automotive product purchases increased month by month, it remained below the previous year's level. Net sales fell 2.8%, and segment earnings deteriorated from profit of ¥19 million in the previous year to a loss of ¥6 million. - FY2022-Q1WorsenedAnnual report
「In the Up Garage business, performance was similar to that of the Yellow Hat business. Although the number of automotive product purchases increased gradually month by month, it remained below the same period of the previous year, and performance was weak for the cumulative first quarter. As a result, for the cumulative first quarter, net sales were ¥222 million, down 6.7% year on year, and segment profit (operating profit) was ¥7 million, down 70.4%.」
The number of used automotive products purchased fell below the previous year's level, resulting in a 6.7% decline in net sales and a 70.4% decline in segment profit. - FY2021WorsenedAnnual report
「As a result, for the fiscal year, net sales were ¥947 million, down 2.4% year on year, and segment profit (operating profit) was ¥47 million, down 46.3%.」
Although new stores were opened and relocated, net sales fell 2.4% and segment profit fell 46.3% due to increased expenses for new and relocated stores, among other factors. - FY2021-Q3AdvancedAnnual report
「In the Up Garage business, we opened the new Up Garage Aizuwakamatsu Inter store in Aizuwakamatsu, Fukushima Prefecture, in November 2020. Performance in April and May was similar to that of the Yellow Hat business. From June onward, sales of high-gross-margin products progressed favorably as a result of the previous year's inventory optimization, which expanded the product range through the sale of long-held inventory. However, from August onward, there was a reaction to the rush demand before the previous year's consumption tax increase, and performance was weak for the cumulative second quarter. As a result, for the cumulative third quarter, net sales were ¥768 million, down 1.5% year on year, and segment profit (operating profit) was ¥74 million, down 18.3%.」
A new Up Garage Aizuwakamatsu Inter store was opened in November 2020, expanding the store network. However, cumulative net sales and segment profit both fell below the previous year's level due to a reaction to special demand before the tax increase. - FY2021-Q2WorsenedAnnual report
「In the Up Garage business, performance in April and May was similar to that of the Yellow Hat business. From June onward, sales of high-gross-margin products progressed favorably as a result of the previous year's inventory optimization, which expanded the product range through the sale of long-held inventory. However, from August onward, there was a reaction to the rush demand before the previous year's consumption tax increase, and performance was weak for the cumulative second quarter. As a result, for the cumulative second quarter, net sales were ¥424 million, down 2.6% year on year, and segment profit (operating profit) was ¥19 million, down 18.0%.」
Although sales of high-gross-margin products following the previous year's inventory optimization progressed favorably, a reaction to special demand ahead of the tax increase arose from August onward, resulting in a 2.6% decline in net sales and an 18.0% decline in segment profit. - FY2021-Q1AdvancedAnnual report
「In the Up Garage business, performance in April and May was similar to that of the Yellow Hat business. From June onward, sales of high-gross-margin products progressed favorably, partly because inventory optimization in the previous year had expanded the product range of high-gross-margin items through the sale of long-held inventory. As a result, the cumulative first quarter progressed favorably. As a result, for the cumulative first quarter, net sales were ¥238 million, up 4.4% year on year, and segment profit (operating profit) was ¥25 million, up 25.6%.」
Sales of high-gross-margin products following the previous year's inventory optimization contributed, resulting in net sales of ¥238 million, segment profit of ¥25 million and a 25.6% year-on-year increase in profit. - FY2020-Q3RestatedAnnual report
「In the Up Garage business, we expanded sales of long-held inventory, strengthened purchases of used automotive products and focused on addressing stockouts. There was some rush demand ahead of the October 2019 tax increase, but sales of used summer tires were sluggish and net sales remained weak. As a result, for the cumulative third quarter, net sales were ¥780 million, down 6.5% year on year, and segment profit (operating profit) was ¥91 million, down 15.2%.」
Sales of long-held inventory were expanded, purchases were strengthened and measures to address stockouts continued, but sluggish sales of used summer tires caused net sales and segment profit to fall below the previous year's level. - FY2020-Q2RestatedAnnual report
「In the Up Garage business, we expanded sales of long-held inventory, strengthened purchases of used automotive products and focused on addressing stockouts. There was some rush demand ahead of the October 2019 tax increase, but sales of used summer tires were sluggish and net sales remained weak. As a result, for the cumulative second quarter, net sales were ¥435 million, down 5.5% year on year, and segment profit (operating profit) was ¥24 million, down 3.3%.」
Sales of long-held inventory were expanded, purchases were strengthened and measures to address stockouts continued, but sluggish sales of used summer tires caused net sales and segment profit to fall below the previous year's level. - FY2020-Q1RestatedAnnual report
「In the Up Garage business, we expanded sales of long-held inventory, strengthened purchases of used automotive products and focused on addressing stockouts. However, sales of used summer tires were sluggish, and net sales remained weak. As a result, for the cumulative first quarter, net sales were ¥228 million, down 10.4% year on year, and segment profit (operating profit) was ¥20 million, down 22.2%.」
Sales of long-held inventory were expanded, purchases of used automotive products were strengthened and measures to address stockouts continued, but sluggish sales of used summer tires caused net sales and segment profit to fall below the previous year's level. - FY2019AdvancedAnnual report
「We strengthened purchases of used automotive products and focused on addressing stockouts. Although performance weakened in March, as in the Yellow Hat business, net sales progressed favorably, partly due to increased demand for studless tires following snowfall in December. As a result, for the fiscal year, net sales were ¥1,048 million, up 2.0% year on year, and segment profit (operating profit) was ¥110 million, up 57.6%.」
Purchases were strengthened and measures to address stockouts continued, resulting in full-year segment profit of ¥110 million, up 57.6% year on year. - FY2019-Q3AdvancedAnnual report
「In the Up Garage business, we strengthened purchases of used automotive products and focused on addressing stockouts. Net sales progressed steadily, partly due to increased demand for studless tires following snowfall. As a result, for the cumulative third quarter, net sales were ¥834 million, up 2.2% year on year, and segment profit (operating profit) was ¥108 million, up 43.9%.」
Purchases of used automotive products were strengthened and measures to address stockouts continued. Increased demand following snowfall also contributed, resulting in net sales of ¥834 million and segment profit of ¥108 million, up 43.9% year on year. - FY2019-Q2AdvancedAnnual report
「In the Up Garage business, we strengthened purchases of used automotive products and focused on addressing stockouts. Net sales remained broadly flat. As a result, for the cumulative second quarter, net sales were ¥461 million, down 1.8% year on year, and segment profit (operating profit) was ¥25 million, up 60.0%.」
In addition to strengthening purchases of used automotive products, measures to address stockouts continued, resulting in segment profit of ¥25 million, up 60.0% year on year. - FY2019-Q1AdvancedAnnual report
「In the Up Garage business, we strengthened purchases of used automotive products and focused on addressing stockouts. Net sales remained broadly flat. As a result, for the cumulative first quarter, net sales were ¥255 million, down 0.1% year on year, and segment profit (operating profit) was ¥26 million, up 16.0%.」
In addition to strengthening purchases of used automotive products, measures to address stockouts were clearly implemented, resulting in segment profit of ¥26 million, up 16.0% year on year. - FY2018RestatedAnnual report
「In the Up Garage business, the Company strengthened purchases of used automotive products and focused on securing inventory suited to customer needs. Revenue also performed steadily partly because demand for winter products increased, as in the YELLOW HAT LTD. business.」
The Company continued to strengthen purchases of used automotive products and secure inventory suited to customer needs, and reported full-year revenue of ¥1,028 million and segment profit of ¥70 million. - FY2018-Q2RestatedAnnual report
「In the Up Garage business, the Company strengthened purchases of used automotive products, focused on securing inventory that met customer needs, and achieved steady revenue performance.」
The Company continued to strengthen purchases of used automotive products and secure inventory suited to customer needs, and reported steady revenue performance. - FY2018-Q1RestatedAnnual report
「In the Up Garage business, the Company strengthened purchases of used automotive products, focused on securing inventory that met customer needs, and achieved steady revenue performance.」
The Company continued to strengthen purchases of used automotive products and secure inventory suited to customer needs, and reported steady revenue performance. - FY2017RestatedAnnual report
「In the Up Garage business, although it was affected by the warm winter and low snowfall, as was the YELLOW HAT LTD. business, revenue performed relatively steadily as the Company focused on renovating sales areas and strengthening purchasing, while the Up Garage Akita store, which opened in September 2015, ramped up. As a result, for the fiscal year, revenue was ¥979 million and segment profit (operating profit) was ¥44 million.」
The Company described sales-area renovations, strengthened purchasing and the ramp-up of the Akita store as ongoing measures, and reported full-year revenue and segment profit. - FY2017-Q3RestatedAnnual report
「In the Up Garage business, revenue performed relatively steadily as the Company focused on renovating sales areas and strengthening purchasing, while the Up Garage Akita store, which opened in September 2015, ramped up. As a result, for the nine-month period ended in the third quarter, revenue was ¥786 million, up 3.7% year on year, and segment profit (operating profit) was ¥54 million, up 53.5%.」
The Company continued sales-area renovations, strengthened purchasing and the ramp-up of the Akita store, and reported increases in revenue and segment profit. - FY2017-Q2RestatedAnnual report
「In the Up Garage business, revenue performed relatively steadily as the Company focused on renovating sales areas and strengthening purchasing, while the Up Garage Akita store, which opened in September 2015, ramped up.」
The Company continued measures to improve revenue through sales-area renovations, strengthened purchasing and the ramp-up of the Akita store. - FY2017-Q1First statedAnnual report
「In the Up Garage business, revenue performed relatively steadily as the Company focused on renovating sales areas and strengthening purchasing, while the Up Garage Akita store, which opened in September 2015, ramped up.」
The Company renovated sales areas and strengthened purchasing, while the Akita store, which opened in September 2015, ramped up and revenue performed steadily.