Steady performance and secured profits in the used-car-related business
First written in FY2017-Q1. 10 of 27 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2023-Q3.
Remixpoint moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 2 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2023-Q3ReframedAnnual report
「At a meeting of the Board of Directors held on 14 February 2023, the company resolved to discontinue its automotive business.」
Revenue and profit increased for the nine months ended the third quarter due to the higher number of vehicles sold and more high-priced transactions, but the company changed its policy to discontinue the automotive business as part of the optimization and restructuring of its business portfolio. - FY2023-Q2AdvancedAnnual report
「During the cumulative second-quarter period, the number of vehicles sold increased from the same quarter of the previous year, and the number of high-priced transactions with higher profit margins also increased, resulting in higher revenue and profit. As a result, segment revenue was ¥2,882 million, up 35.9% year on year, and segment profit (ordinary profit) was ¥14 million, up 42.2%.」
The used-car business recorded higher revenue and profit due to the increase in vehicles sold and high-priced transactions, with revenue of ¥2,882 million and segment profit of ¥14 million. - FY2023-Q1AdvancedAnnual report
「During the cumulative first-quarter period, the number of vehicles sold increased from the same quarter of the previous year, and the number of high-priced transactions with higher profit margins also increased, resulting in higher revenue and profit. As a result, segment revenue was ¥1,518 million, up 38.4% year on year, and segment profit (ordinary profit) was ¥9 million, up 82.5%.」
The used-car business recorded higher revenue and profit due to the increase in vehicles sold and high-priced transactions, with revenue of ¥1,518 million and segment profit of ¥9 million. - FY2022AdvancedAnnual report
「During the fiscal year, the number of vehicles sold increased from the previous fiscal year, resulting in higher revenue and profit. As a result, segment revenue was ¥4,542 million, up 15.1% year on year, and segment profit (operating profit) was ¥19 million, up 1.1%.」
The used-car-related business recorded higher revenue and profit due to the increase in vehicles sold, with revenue of ¥4,542 million and segment profit of ¥19 million. - FY2022-Q3WorsenedAnnual report
「During the cumulative third-quarter period, the number of vehicles sold increased from the same period of the previous year, but some transactions had gross margins below the average, resulting in higher revenue but lower profit. As a result, segment revenue was ¥3,197 million, up 15.8% year on year, and segment profit (operating profit) was ¥14 million, down 24.2%.」
Revenue increased due to the higher number of vehicles sold, while profit declined because some transactions had gross margins below the average, resulting in revenue of ¥3,197 million and segment profit of ¥14 million. - FY2022-Q2WorsenedAnnual report
「During the cumulative second-quarter period, the number of vehicles sold increased from the same period of the previous year, but some transactions had gross margins below the average, resulting in higher revenue but lower profit. As a result, segment revenue was ¥2,120 million, up 30.4% year on year, and segment profit (operating profit) was ¥10 million, down 27.5%.」
Revenue increased due to the higher number of used vehicles sold, while profit declined because some transactions had gross margins below the average, reducing segment profit to ¥10 million. - FY2022-Q1ReframedAnnual report
「During the cumulative first-quarter period, the number of vehicles sold increased from the same quarter of the previous year, but some transactions had gross margins below the average, resulting in higher revenue but lower profit. In addition, based on the substance of the transactions, the timing or amount of revenue recognition was changed for some sales transactions.」
Revenue increased due to the higher number of vehicles sold, while profit declined because some transactions had gross margins below the average. The timing and amount of revenue recognition for some transactions were also changed in connection with the adoption of the revenue recognition accounting standard. - FY2021WorsenedAnnual report
「During the fiscal year, the average selling price increased, but the number of vehicles sold declined, resulting in a slight increase in revenue and lower profit. As a result, segment revenue was ¥3,945 million, up 2.9% year on year, and segment profit (operating profit) was ¥19 million, down 16.6%.」
Revenue from the used-car-related business increased 2.9%, but segment profit declined 16.6% due to the lower number of vehicles sold, worsening profit generation. - FY2021-Q3WorsenedAnnual report
「Although the average selling price increased, the number of vehicles sold declined, resulting in lower revenue during the cumulative third-quarter period. As a result, segment revenue was ¥2,760 million, down 6.1% year on year, and segment profit (operating profit) was ¥18 million, down 14.4%.」
The average selling price increased, but the number of vehicles sold declined, resulting in revenue down 6.1% year on year and segment profit down 14.4%. - FY2021-Q2WorsenedAnnual report
「The number of transactions was in line with the usual level, but because there were high-value transactions in the same quarter of the previous year, revenue declined during the cumulative second-quarter period. As a result, segment revenue was ¥1,626 million, down 21.5% year on year, and segment profit (operating profit) was ¥13 million, down 19.3%.」
Although the number of transactions was in line with the usual level, revenue declined 21.5% year on year due to the absence of the high-value transactions recorded in the same period of the previous year, and segment profit also declined 19.3%. - FY2021-Q1ReframedAnnual report
「Although gross margins are low in the used-car trading business partly because transactions are between dealers, the short settlement and collection period from purchase to sale enables a business with a high capital turnover ratio. The number of transactions was in line with the usual level, but because there were high-value transactions in the same quarter of the previous year, revenue declined in the first quarter. As a result, segment revenue was ¥825 million, down 25.0% year on year, and segment profit (operating profit) was ¥6 million, up 3.6%.」
The used-car business maintained a high capital turnover ratio with a normal number of transactions, while revenue declined 25.0% year on year due to the absence of the high-value transactions recorded in the same period of the previous year. Segment profit was ¥6 million, up 3.6% year on year. - FY2020AdvancedAnnual report
「As a result, segment revenue was ¥3,834 million, up 5.3% year on year, and segment profit (operating profit) was ¥22 million, up 83.7%.」
Revenue from the used-car-related business increased 5.3% year on year, and segment profit increased 83.7%, improving from the low level recorded in the previous year. - FY2020-Q3AdvancedAnnual report
「As a result, segment revenue was ¥2,940 million, up 11.3% year on year, and segment profit (operating profit) was ¥21 million, compared with ¥1 million in the same quarter of the previous year.」
Revenue from the used-car-related business increased 11.3% year on year to ¥2,940 million, while segment profit increased from ¥1 million in the same quarter of the previous year to ¥21 million. - FY2020-Q2AdvancedAnnual report
「As a result, segment revenue was ¥2,072 million, up 13.8% year on year, and segment profit (operating profit) was ¥17 million, compared with ¥0 million in the same quarter of the previous year.」
Revenue from the used-car-related business increased 13.8% year on year, while ¥0 million in segment profit in the same quarter of the previous year increased to ¥17 million. - FY2020-Q1AdvancedAnnual report
「As a result, segment revenue was ¥1,100 million, up 17.8% year on year, and segment profit (operating profit) was ¥6 million, compared with a segment loss (operating loss) of ¥0 million in the same quarter of the previous year.」
Revenue from the used-car-related business increased 17.8% year on year to ¥1,100 million, while segment loss of ¥0 million in the same quarter of the previous year turned into segment profit of ¥6 million. - FY2019WorsenedAnnual report
「During the fiscal year, segment profit fell below the previous consolidated fiscal year. As a result, segment revenue was ¥3,640 million, up 6.3% from the previous fiscal year, and segment operating profit was ¥12 million, down 62.2% year on year.」
Revenue from the used-car-related business increased, but segment profit declined 62.2% from the previous fiscal year to ¥12 million, marking a retreat from the previously steady level of profit generation. - FY2019-Q3WorsenedAnnual report
「As a result, segment revenue was ¥2,641 million, up 2.3% year on year, and segment profit (operating profit) was ¥1 million, down 96.9%.」
Revenue from the used-car-related business increased 2.3% year on year, but segment profit fell 96.9% to ¥1 million, representing a substantial deterioration in profit generation. - FY2019-Q2WorsenedAnnual report
「As a result, segment revenue was ¥1,820 million, down 1.5% year on year, and segment profit (operating profit) was ¥0 million, down 99.9%.」
Revenue from the used-car-related business declined 1.5% year on year, and segment profit fell 99.9% year on year to ¥0 million. - FY2019-Q1WorsenedAnnual report
「Segment revenue was ¥934 million, down 3.4% year on year, and segment loss (operating loss) was ¥0 million, compared with segment profit (operating profit) of ¥17 million in the same quarter of the previous year.」
Revenue from the used-car-related business declined 3.4% year on year, and segment profit turned into a loss of ¥0 million. - FY2018WorsenedAnnual report
「Transactions with some business partners contracted, resulting in performance below the previous fiscal year. Segment revenue was ¥3,423 million, down ¥337 million, and segment profit (operating profit) was ¥33 million, down ¥91 million.」
The used-car-related business maintained its characteristics of low gross margins and a high capital turnover ratio, while revenue and segment profit fell below the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Although gross margins are low in the used-car trading business partly because transactions are between dealers, the short settlement and collection period from purchase to sale results in a high capital turnover ratio, enabling the company to continue generating stable, steady revenue. The segment recorded revenue of ¥2,583 million and segment profit (operating profit) of ¥35 million.」
The company reiterates the business characteristics of low gross margins, a short settlement and collection period, and a high capital turnover ratio, and states that it continued to generate stable, steady revenue. - FY2018-Q2RestatedAnnual report
「Although gross margins are low in the used-car trading business partly because transactions are between dealers, the short settlement and collection period from purchase to sale results in a high capital turnover ratio, enabling the company to continue generating stable, steady revenue. The segment recorded revenue of ¥1,849 million and segment profit (operating profit) of ¥27 million.」
The company reiterates the business characteristics of low gross margins and a high capital turnover ratio in used-car trading, and states that it continued to generate stable, steady revenue. - FY2018-Q1RestatedAnnual report
「Although gross margins are low in the used-car trading business partly because transactions are between dealers, the short settlement and collection period from purchase to sale results in a high capital turnover ratio, enabling the company to continue generating stable, steady revenue. The segment recorded revenue of ¥967 million and segment profit (operating profit) of ¥17 million.」
The company describes the used-car trading business as having low gross margins but a short settlement and collection period and a high capital turnover ratio, and states that it continued to secure stable, steady revenue. - FY2017AdvancedAnnual report
「During the fiscal year, in the used-car trading business, the company worked to develop new suppliers and customers and expand transactions with existing business partners. It also launched consulting and other information services based on its expertise in used-car trading. As a result, overall performance remained solid. Segment revenue was ¥3,760 million, and segment operating profit was ¥124 million.」
In the used-car-related business, the company pursued the development of suppliers and customers, expansion of existing transactions, and the launch of consulting services, recording revenue of ¥3,760 million and segment profit of ¥124 million. - FY2017-Q3AdvancedAnnual report
「As a result, revenue was ¥2,558 million, up ¥382 million year on year, and segment profit (operating profit) was ¥102 million, up ¥81 million.」
The used-car-related business remained steady, with revenue of ¥2,558 million and segment profit of ¥102 million, both exceeding the same period of the previous year. - FY2017-Q2AdvancedAnnual report
「During the cumulative second-quarter period, the used-car trading business between dealers remained steady, and revenue was also recorded from consulting and other information services based on expertise in used-car trading. As a result, revenue was ¥1,641 million, up ¥130 million year on year, and segment profit (operating profit) was ¥53 million, up ¥36 million.」
The used-car-related business remained steady, with both revenue and segment profit exceeding the same period of the previous year. Segment profit was ¥53 million, up ¥36 million year on year. - FY2017-Q1First statedAnnual report
「During the cumulative first-quarter period, the used-car trading business between dealers remained steady, and revenue was also recorded from consulting and other information services based on expertise in used-car trading. As a result, revenue was ¥765 million, down ¥36 million year on year, and segment profit (operating profit) was ¥32 million, up ¥19 million.」
Revenue declined year on year, while segment profit was ¥32 million, an increase of ¥19 million year on year.