Higher sales mix of high-priced vehicles
First written in FY2022-Q2. 4 of 7 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「The market environment showed no signs of recovery for the brands handled by the Company that focus on higher-priced vehicles, and sales remained sluggish as a result.」
The description changed from firm sales centered on higher-priced vehicles to sluggish sales for brands focused on higher-priced vehicles. - FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the Group began handling the electric-vehicle-focused BYD brand and opened BYD AUTO Fukuoka Nishi in July 2023. These new stores, including MINI Kurume, which joined the Group through a business acquisition in the previous consolidated fiscal year, contributed to sales, while sales remained firm, led by higher-priced vehicles.」
The disclosure stated that new stores including BYD AUTO Fukuoka Nishi and MINI Kurume contributed to sales, while sales centered on higher-priced vehicles remained firm. - FY2023AdvancedAnnual report
「New-vehicle sales, centered on higher-priced vehicles, remained firm, exceeding the previous fiscal year by 14.8%.」
New-vehicle sales, centered on higher-priced vehicles, remained firm, rising 14.8% year on year to ¥22,475 million. - FY2023-Q3AdvancedAnnual report
「New-vehicle sales, centered on higher-priced vehicles, remained firm, with new-vehicle sales exceeding the same period of the previous year by 2.8%.」
New-vehicle sales, centered on higher-priced vehicles, remained firm, rising 2.8% year on year to ¥15,338 million. - FY2022AdvancedAnnual report
「During the current consolidated fiscal year, the Group leveraged the strength of its multi-brand strategy by selling models with stable new-vehicle supply and higher-priced vehicles at appropriate prices, thereby minimizing the impact of stagnant new-vehicle supply. As a result, new-vehicle sales were ¥19,576 million.」
The Group sold higher-priced vehicles and models with stable supply at appropriate prices, securing new-vehicle sales of ¥19,576 million despite stagnant new-vehicle supply. - FY2022-Q3AdvancedAnnual report
「Due in part to the increased proportion of sales of high-priced vehicles and continued efforts to improve margins, gross profit increased 5.6% year on year to ¥6,397 million, while gross margin rose 1.2 percentage points to 21.6%.」
The sales mix of higher-priced vehicles continued to increase, lifting gross profit 5.6% year on year to ¥6,397 million and gross margin 1.2 percentage points to 21.6%. - FY2022-Q2First statedAnnual report
「Due in part to the increased proportion of sales of high-priced vehicles and continued efforts to improve margins, gross profit increased 5.4% year on year to ¥4,321 million, while gross margin rose 1.0 percentage point to 21.6%.」
For the first time, the increase in the sales mix of higher-priced vehicles was separately identified as a factor contributing to higher gross profit and gross margin.