Komori
WILLPLUS Holdings (3538) · InitiativeAdvanced

Expanding Used-Car Sales by Strengthening Trade-In Programs

First written in FY2020-Q3. 18 of 23 entries say "Advanced", first in FY2020. Latest entry: FY2026.

23entries
7years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2020 – FY2023SoftenedFY2024-Q1 – FY2024-Q3AdvancedFY2024 – 2026-05-142020: 320202021: 320212022: 320222023: 320232024: 320242025: 220252026: 62026
Same theme, other companies
Strengthening Vehicle Purchasing and Sales OperationsA theme 12 companies write about · 0 as a headwind · 16 as a tailwind

The whole theme swung hardest in 2017: 1 of 9 companies on the "Worse" side.

5 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「For used-vehicle sales, the Group steadily captured sales opportunities by securing trade-in vehicles, sharing inventory information among stores, strengthening sales coordination, and expanding its sales network through business acquisitions. Sales rose 13.6% year on year to ¥16,872 million.」

    Domestic used-vehicle sales rose 13.6% year on year, supported by the securing of trade-in vehicles, inventory sharing among stores, stronger sales coordination, and network expansion through business acquisitions.
  2. FY2026-H1AdvancedAnnual report

    「Used-vehicle sales were prioritized mainly at brands where growth in new vehicle sales had slowed due to a decline following the new-model effect, and revenue increased 14.7% year on year to ¥7,618 million,」

    The Group focused on used-vehicle sales, particularly for brands where growth in new-vehicle sales had slowed, lifting used-vehicle sales 14.7% year on year. Measures to offset new-vehicle sales with used-vehicle sales continued.
  3. FY2025AdvancedAnnual report

    「The Group focused on used-vehicle sales, particularly for brands whose new-vehicle sales had declined, resulting in used-vehicle sales of ¥14,852 million, up 10.3% year on year.」

    The Group focused on used-vehicle sales, particularly for brands with declining new-vehicle sales, lifting used-vehicle sales 10.3% to ¥14,852 million year on year.
  4. FY2025-H1AdvancedAnnual report

    「The Group focused on used-vehicle sales, particularly for brands whose new-vehicle sales had declined, resulting in used-vehicle sales of ¥6,642 million, up 4.0% year on year.」

    The Group focused on used-vehicle sales, particularly for brands with declining new-vehicle sales, lifting used-vehicle sales 4.0% year on year to ¥6,642 million.
  5. FY2024AdvancedAnnual report

    「Used-vehicle sales remained firm as the previously volatile used-vehicle market settled down and the Group focused on used-vehicle sales for certain brands approaching the end of their model cycles. As a result, used vehicles accounted for a larger share of total sales, and used-vehicle sales rose 9.1% year on year to ¥13,469 million.」

    In response to the end of the model cycles of certain new vehicles, the Group focused on used-vehicle sales for certain brands, lifting used-vehicle sales 9.1% year on year to ¥13,469 million.
  6. FY2024-Q3SoftenedAnnual report

    「Used-vehicle sales accounted for a slightly smaller share of total vehicle sales as customers' demand for new vehicles increased with the stabilization of new-vehicle supply. By focusing on offering vehicles suited to customer needs amid the normalization of the used-vehicle market, the Group increased used-vehicle sales 8.9% year on year to ¥9,867 million. Total vehicle sales rose 11.5% from the same period of the previous year to ¥29,908 million.」

    As new-vehicle supply stabilized, used vehicles accounted for a slightly smaller share of vehicle sales and their supplementary role weakened. Meanwhile, used-vehicle sales rose 8.9% year on year.
  7. FY2024-Q2SoftenedAnnual report

    「Although used vehicles accounted for a smaller share of total vehicle sales as customers' demand for new vehicles increased following the recovery in new-vehicle supply, efforts to secure more attractive inventory resulted in used-vehicle sales of ¥6,384 million, up 2.3% year on year.」

    The share of used vehicles declined as demand for new vehicles increased following the recovery in new-vehicle supply, and the supplementary growth in used-vehicle sales weakened. Meanwhile, efforts to secure inventory lifted used-vehicle sales 2.3% year on year.
  8. FY2024-Q1SoftenedAnnual report

    「Used-vehicle sales declined 0.9% year on year to ¥3,087 million as customers' demand for new vehicles increased following the recovery in new-vehicle supply. Total vehicle sales, however, rose 16.4% from the same period of the previous year to ¥9,728 million.」

    As new-vehicle supply recovered and demand for new vehicles increased, used-vehicle sales declined 0.9% year on year. Growth in used-vehicle sales, which had offset the shortage of new vehicles, weakened in the first quarter.
  9. FY2023AdvancedAnnual report

    「For used vehicles, as demand shifted toward used vehicles amid delays in the supply of new vehicles, the Group worked to secure inventory through measures including increased trade-ins and purchases. As a result, used-vehicle sales were ¥12,343 million, up 12.1% year on year, helping offset the shortfall in new-vehicle sales, while total vehicle sales rose 11.7% to ¥38,186 million, exceeding the previous fiscal year.」

    Used-vehicle sales rose 12.1% year on year to ¥12,343 million as the Group strengthened trade-ins and vehicle purchases, helping offset the shortage of new vehicles.
  10. FY2023-Q3AdvancedAnnual report

    「The company continued to focus on used vehicle sales, including efforts to secure inventory. As a result, used vehicle sales increased by 15.5% year on year, and total vehicle sales increased by 5.2% year on year to ¥26,814 million, exceeding the previous year's level.」

    Continued efforts to secure inventory and strengthen used vehicle sales resulted in a 15.5% year-on-year increase in used vehicle sales, while total vehicle sales increased by 5.2% to ¥26,814 million.
  11. FY2023-Q1AdvancedAnnual report

    「Regarding vehicle sales, the company expected new vehicle supplies to remain unstable, as in the previous consolidated fiscal year, and worked to further strengthen used vehicle sales from the beginning of the fiscal year. Continued efforts to strengthen trade-ins and vehicle purchases helped secure inventory, among other factors. As a result, used vehicle sales increased by 30.2% year on year to ¥3,115 million, and their share of total vehicle sales rose by 8.3 percentage points from the previous year to 37.3%. Total vehicle sales increased by 1.4% year on year to ¥8,357 million, exceeding the previous year's level.」

    In anticipation of unstable new vehicle supplies, the company further strengthened used vehicle sales. Used vehicle sales increased by 30.2% year on year through stronger trade-ins and vehicle purchases, and their share of vehicle sales rose to 37.3%.
  12. FY2022AdvancedAnnual report

    「Demand for used vehicles increased due to stagnant new vehicle supplies, and used vehicle market prices trended upward. The Group positions used vehicle sales as a key strategy alongside new vehicle sales, and strengthened initiatives to raise the trade-in rate further, securing inventory and steadily increasing unit sales. As a result, used vehicle sales amounted to ¥11,009 million, and their share of consolidated net sales also increased.」

    The company positioned used vehicle sales as a key strategy alongside new vehicle sales and strengthened initiatives to improve the trade-in rate. As a result, used vehicle sales amounted to ¥11,009 million, and their share of sales also increased.
  13. FY2022-Q3AdvancedAnnual report

    「One of the Group's business strategies is to place the same emphasis on used vehicle sales as on new vehicle sales. As a result of efforts to secure inventory, including initiatives to improve the trade-in rate, used vehicle sales also remained steady, and total vehicle sales amounted to ¥25,481 million.」

    The company placed the same emphasis on used vehicle sales as on new vehicle sales and proceeded to secure inventory by improving the trade-in rate and through other measures. As a result, used vehicle sales remained steady. Used vehicle sales amounted to ¥7,846 million, and total vehicle sales amounted to ¥25,481 million.
  14. FY2021AdvancedAnnual report

    「In addition, used vehicle sales increased by 30.0% from the previous fiscal year to ¥10,238 million, against a backdrop of greater interest in automobiles as a safe means of transportation and an unstable supply schedule for new vehicles, among other factors.」

    Against a backdrop of interest in safe means of transportation and unstable new vehicle supplies, used vehicle sales increased by 30.0% from the previous fiscal year, and the expansion of used vehicle sales progressed over the full year.
  15. FY2021-Q3AdvancedAnnual report

    「Although the vehicle sales business was on a recovery trend, delays in the arrival of products for certain brands affected growth in new vehicle unit sales. Used vehicle sales, meanwhile, remained firm due to growing interest in automobiles as a safer means of transportation, among other factors. As a result, new vehicle sales increased by 7.6% year on year to ¥14,724 million, used vehicle sales increased by 27.8% to ¥7,518 million, and total vehicle sales increased by 12.9% to ¥24,958 million.」

    Used vehicle sales remained firm against a backdrop of growing interest in automobiles as a safe means of transportation, among other factors. Used vehicle sales increased by 27.8% year on year to ¥7,518 million.
  16. FY2021-Q2AdvancedAnnual report

    「Used vehicle unit sales continued to grow steadily from the first quarter, and used vehicle sales increased by 34.3% year on year to ¥5,212 million.」

    The expansion in used vehicle sales continued from the first quarter, with used vehicle sales increasing by 34.3% year on year to ¥5,212 million.
  17. FY2021-Q1AdvancedAnnual report

    「Used vehicle sales remained firm as more customers considered purchasing cars as a means of transport with a lower infection risk than public transportation, while others visited stores after identifying the vehicle they wanted to buy through online searches as they spent more time at home. As a result, used vehicle sales increased by 33.5% year on year to ¥2,892 million.」

    Used vehicle sales remained firm, supported by demand for transportation with a lower infection risk and increased online searches as people spent more time at home. Used vehicle sales increased by 33.5% year on year, and initiatives to emphasize used vehicle sales, including stronger trade-ins, also progressed during the quarter.
  18. FY2020AdvancedAnnual report

    「The company continued to focus on new vehicle sales while strengthening trade-ins and placing greater emphasis on used vehicle sales through initiatives such as increased focus on internet sales. As a result, new vehicle sales increased by 15.1% from the previous fiscal year, and used vehicle sales increased by 32.0%.」

    In addition to strengthening trade-ins, the company focused on internet sales. Used vehicle sales increased by 32.0% from the previous fiscal year.
  19. FY2020-Q3First statedAnnual report

    「The vehicle sales business continued to focus on new vehicles while also placing greater emphasis on used vehicle sales through initiatives such as strengthening trade-ins. As a result, new vehicle sales increased by 27.2% year on year, and used vehicle sales increased by 38.4%.」

    The company continued to focus on new vehicles while placing greater emphasis on used vehicle sales by strengthening trade-ins. For the third-quarter cumulative period, new vehicle sales increased by 27.2% year on year and used vehicle sales by 38.4%.
Moved together

"Expansion of ancillary businesses, including vehicle maintenance and property and casualty insurance" moved the same way as this thread, in the same document, in 17 of its 23 moves.

171511111111★123456
  1. ★This thread
  2. 1Expansion of ancillary businesses, including vehicle maintenance and property and casualty insurance17×
  3. 2Establishing new earnings pillars outside the existing business and expanding through M&A15×
  4. 3Area-Dominant Strategy11×
  5. 4Leveling sales volumes and increasing profitability through a multi-brand strategy11×
  6. 5Investment in Opening and Renovating Imported-Vehicle Dealerships11×
  7. 6Increasing the EV/PHV sales mix and greening stores11×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for WILLPLUS Holdings yet. It last moved in the Earnings of 2026-08-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Expanding Used-Car Sales by Strengthening Trade-In Programs | WILLPLUS Holdings Corporation (3538) | Komori