Establishing new earnings pillars outside the existing business and expanding through M&A

「The group has positioned M&A as one of the pillars of its growth strategy. Since its founding, it has completed 16 M&A transactions and expanded its business through the expansion of brands handled and sales areas.」

「Against this backdrop, our group worked to expand its sales network and customer base through M&A and new store openings, broaden its portfolio of brands, and strengthen its vehicle-servicing and non-life insurance agency businesses, which are recurring-revenue businesses, in order to reinforce its medium- to long-term growth platform.」

「Meanwhile, for fiscal 2027, we expect revenue to rise 20.2% year on year to ¥116.416 billion, as the 7 M&A transactions carried out from the previous fiscal year through the current fiscal year will contribute for the full year.」

「The group has adopted as its mission the continued pursuit of the challenge of proposing lifestyles with imported vehicles, sharing prosperity, enjoyment and joy with more people, and bringing warm smiles to everyone involved. We aim to expand the business through M&A, which we position as a pillar of our medium- to long-term growth strategy.」

「In December 2024, we entered into a basic agreement with Hyundai Mobility Japan株式会社 and opened Hyundai Citystore Sendai in Izumi-ku, Sendai, Miyagi Prefecture, in June 2025. The store, which represents the Hyundai brand and became the group's 17th brand, began operations.」

「On 1 July 2024, we acquired all shares of Stellantisジャパン販売株式会社, changed its corporate name to チェッカーモータース株式会社 on the same date, made it a consolidated subsidiary and began handling the 3 new brands Peugeot, Citroën and DS. On 30 September 2024, our consolidated subsidiary ウイルプラスチェッカーモータース株式会社 absorbed the company through a merger. In addition, on 3 December 2024, we acquired all shares of オリオン自動車株式会社, changed its corporate name to ウイルプラスオリオン株式会社 on the same date and made it a consolidated subsidiary. As a result, the number of brands handled by the group increased to 14 and the number of new-vehicle dealerships increased to 43.」

「At a meeting of the Board of Directors held on 28 March 2024, we resolved to acquire 51% of the issued shares of 株式会社ENG and make it a subsidiary. We also entered into a share transfer agreement on the same date and acquired the shares on 13 May 2024.」

「At a meeting of the Board of Directors held on 28 March 2024, we resolved to acquire 51% of the issued shares of 株式会社ENG and make it a subsidiary. We also entered into a share transfer agreement on the same date and acquired the shares on 13 May 2024. Through this share acquisition, Peugeot, Citroën and DS were added to the brands we handle, enabling us to handle all passenger-vehicle brands under the Stellantis Group. As a result, the number of brands handled by the group increased from 11 to 14, and the group's sales base in the Tokyo area was strengthened.」

「On 28 December 2023, the group completed the acquisition of the Volvo dealership businesses of VC Fukuoka Higashi and VC Oita. Operations as part of the group began in January 2024, establishing a strong sales network for Volvo dealerships in northern Kyushu.」

「Against this backdrop, we began handling BYD, our group's 11th brand and one specialising in electric vehicles. In July 2023, we opened BYD AUTO Fukuoka Nishi in Fukuoka, Fukuoka Prefecture, expanding the brands offering low-carbon vehicles, an area of focus for the group, while working to attract new customer segments.」

「April 2023: ウイルプラスモトーレン株式会社 acquired the MINI Kurume business.」

「Against this backdrop, product supply remained unstable across the group and affected some brands. However, Jeep Ota, which opened in August 2022, contributed to revenue, while new-vehicle sales, particularly of high-priced vehicles, remained firm. New-vehicle revenue increased 2.8% year on year, exceeding the prior-year level.」

「Under these business conditions, we opened JEEP Ota in Ota, Tokyo, in August 2022. As of the end of the first quarter, the JEEP brand had 7 stores and the Group had 35 stores in total.」

「Under these business conditions, although some Group brands were affected by delays in product arrivals and other factors, stores opened in the previous consolidated fiscal year contributed to revenue, while new-vehicle sales remained firm, particularly for high-priced vehicles. Vehicle sales revenue was ¥17,214 million.」

「In December 2020, we newly built and relocated Jaguar Land Rover Approved Shonan and Jaguar Land Rover Shonan Service. In February 2021, we opened MINI NEXT Fukuoka Higashi, the first MINI authorised dealership in the Fukuoka Higashi area, and Jaguar Land Rover Sagamihara in a conveniently located site accessible from a wide area of Kanagawa Prefecture. We also relocated and refurbished Fiat/Abarth Hiratsuka in February, renovated and reopened Jeep Fujisawa Shonan and Alfa Romeo Fujisawa Shonan in March, and renovated and reopened Fiat/Abarth Ikebukuro in May, actively investing in stores while making effective use of the Group's assets.」

「Under these business conditions, in February 2021 we opened MINI NEXT Fukuoka Higashi, the first MINI authorised dealership in the Fukuoka Higashi area, and Jaguar Land Rover Sagamihara in a conveniently located site accessible from a wide area of Kanagawa Prefecture. We also relocated and refurbished Fiat/Abarth Hiratsuka in February of the same year and renovated and reopened Jeep Fujisawa Shonan and Alfa Romeo Fujisawa Shonan in March, actively expanding our stores while making effective use of the Group's assets.」

「In December 2020, we consolidated Jaguar Land Rover Approved Hiratsuka and Jaguar Land Rover Shonan Service in Fujisawa, Kanagawa Prefecture, and newly built and relocated them to open Jaguar Land Rover Approved Shonan and Jaguar Land Rover Shonan Service as a convenient facility combining a showroom and service workshop.」

「Under these business conditions, during the consolidated fiscal year, operations for the Porsche brand newly added in the previous consolidated fiscal year and in the new sales areas of Tohoku and Chugoku entered full-scale operation. In November 2019, as the Group's first initiative of this kind, we opened a specialist imported used-car dealership in Munakata, Fukuoka Prefecture, selling multiple brands handled within the Group.」

「Under these business conditions, the new brands acquired through M&A and the stores opened in new sales areas during the previous consolidated fiscal year began full-scale operations within the Group.」

「During the consolidated fiscal year, we actively pursued initiatives to expand the brands handled and sales areas, both of which are challenges for the Group's continued growth, acquiring 2 new sales areas and beginning to handle Porsche, the first new brand for the Group.」

「The Group acquired its first Porsche brand location, Porsche Center Sendai, in December 2018 and opened Porsche Center Koriyama in January 2019, thereby covering the entire Porsche market area in the Tohoku region. In March 2019, it opened two stores in Yamaguchi Prefecture, MINI Yamaguchi and MINI NEXT Shunan, and had also opened JEEP Meguro, the 7th JEEP store, in November 2018.」

「During the cumulative consolidated period for the second quarter, we opened JEEP Meguro in November 2018 as the JEEP brand's 7th store. In December of the same year, ウイルプラスアインス株式会社 began operating the Group's first Porsche store through the acquisition of the Porsche Center Sendai business, steadily advancing the expansion of brands handled and business operations, which are also challenges for the Group's continued growth.」

「In September 2018, ウイルプラスアインス株式会社, a subsidiary, entered into a Porsche authorised dealer agreement with ポルシェ ジャパン株式会社 to handle Porsche, the Group's 10th brand.」

「In November 2017, the Company established ウイルプラスアインス株式会社 as a wholly owned consolidated subsidiary to operate an authorised Porsche dealership business. In March 2018, チェッカーモータース株式会社 entered into an authorised dealership agreement with ジャガー・ランドローバー・ジャパン株式会社, and in April of the same year acquired the ジャガー・ランドローバー湘南 business to further expand its operations and strengthen its earnings base.」

「In March 2018, the consolidated subsidiary チェッカーモータース株式会社 entered into a Jaguar Land Rover dealership and service agreement with ジャガー・ランドローバー・ジャパン株式会社. This was due mainly to an increase of ¥719 million in cash and deposits and an increase of ¥400 million in merchandise resulting from purchases associated with entering into the dealership agreement with ジャガー・ランドローバー・ジャパン株式会社, among other factors.」

「In November 2017, we established ウイルプラスアインス株式会社 to operate an authorised Porsche dealership business.」

「In May 2017, we acquired Volvo Cars Odawara to further expand our business and strengthen our earnings base.」

「In response to the shrinking market, we regard establishing additional revenue pillars outside our existing businesses as an issue in order to achieve further growth, and will continue to pursue business expansion with M&A also under consideration.」