Rightsizing the Mobility Fleet in Line with Demand

「To return to a growth trajectory, we are focusing on profit per vehicle and pursuing expansion at an appropriate pace. For network expansion, we compare member concentration and vehicle deployment by local mesh area, identify demand appropriately by region and develop parking spaces for Times Car vehicle deployment.」

「We are prioritizing profit per vehicle and seeking to expand at an appropriate pace. For network expansion, we compare membership concentration and vehicle counts by local mesh area, assess demand appropriately in each region, and develop parking spaces for Times Car accordingly.」

「In February, the Times Car fleet totaled 81,942 vehicles and membership increased by 29,000 from the previous month to 3,743,000.」

「The Times Car-only fleet increased by 12,829 vehicles to 63,880 vehicles, or 125.1% of the previous fiscal year-end, while the number of rental stations increased by 6,112 to 26,073, or 130.6%. Network expansion progressed steadily.」

「Although the business was affected by bad weather and utilization fell below expectations in some regions, fleet expansion and active station openings tailored to demand and regional characteristics enabled rental revenue per vehicle to remain stable despite the larger fleet.」

「Membership and usage increased steadily. During the first 6 months of the fiscal year, the fleet increased by 4,316 vehicles and the number of rental stations increased by 2,074. Fleet expansion and station openings tailored to demand and regional characteristics drove growth in rental revenue per vehicle despite the larger fleet.」

「Times Car actively opened rental stations to expand the fleet and deploy vehicles appropriately in line with demand, while capturing strong personal tourism demand and corporate business travel demand. Campaigns and other measures to promote usage among both individual and corporate customers also contributed to steady increases in membership and usage, and rental revenue per vehicle remained strong. During the fiscal year, the fleet increased by 6,985 vehicles and the number of rental stations increased by 1,885, marking steady progress in network expansion.」

「For Times Car, a combined car-sharing and rental car service, we actively opened rental stations to expand the fleet and deploy vehicles appropriately in line with demand. We also captured strong personal tourism demand and corporate business travel demand and ran campaigns to promote usage among both individual and corporate customers. As a result, membership and usage increased steadily, and rental revenue per vehicle remained strong. During the first 9 months of the fiscal year, the fleet increased by 7,020 vehicles and the number of rental stations increased by 1,489, marking steady progress in network expansion.」

「For Times Car, a combined car-sharing and rental car service, we captured strong personal tourism demand and corporate business travel demand by expanding the fleet and deploying vehicles appropriately in line with demand. We also ran campaigns to stimulate demand among both individual and corporate customers. As a result, membership and usage increased steadily, and rental revenue per vehicle remained strong.」

「During the first 9 months of the fiscal year, we sold vehicles ahead of schedule in light of conditions in the used-car market and worked to establish an operating framework for capturing demand more flexibly. Specifically, we are developing an operating system that uses the variable model for the mobility service Times Car, under which multiple vehicles can be rented from a single parking space, to provide an optimal fleet in line with demand.」

「During the first 6 months of the fiscal year, we sold vehicles ahead of schedule and worked to establish an operating framework for capturing demand more flexibly. Specifically, we are developing an operating system that uses the variable model for the mobility service Times Car, under which multiple vehicles can be rented from a single parking space, to provide an optimal fleet in line with demand.」

「We are promoting the development of a variable model for the mobility service Times Car, in which multiple vehicles can be rented from a single parking space, enabling the rapid deployment of an optimal fleet in line with demand. In addition, we opened 52 rental stations and ran campaigns to encourage service usage, thereby improving convenience and maximizing revenue per vehicle.」

「We concentrated vehicle deployment in urban areas while increasing the fleet, capturing demand while raising utilization per vehicle.」

「Even under these conditions, demand for Times Car remained strong in urban areas, so we reviewed vehicle deployment to increase utilization per vehicle.」

「Even under these conditions, demand for Times Car remained strong in urban areas, so we reviewed vehicle deployment to increase utilization per vehicle.」

「Even under these conditions, demand for Times Car remained strong in urban areas, so we reviewed vehicle deployment to increase utilization per vehicle. We also closed 14 Times Car Rental locations in Tokyo and converted them into Times Car-only stations, steadily advancing the rollout of Times Car.」

「In particular, because rental car usage declined significantly, we optimized the number of vehicles owned in line with demand.」

「In particular, in the rental car service, the substantial decline in inbound demand resulting from restrictions on entry from overseas, together with the sharp drop in travel and tourism demand, had a significant impact, so we optimized the number of vehicles owned in line with demand.」