Changes in the Used-Car Distribution Structure and Intensifying Competition
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
0 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Transactions that do not involve auctions have also been gradually increasing, and the share of auction transactions may fluctuate in the future.」
Changes in competition and market structure resulting from new entrants, changes in major operators’ procurement and sales channels and growth in non-auction transactions remain risks. - FY2024RestatedAnnual report
「Transactions that do not involve auctions have also been gradually increasing, and the share of auction transactions may fluctuate in the future.」
The company continues to identify new entrants, changes in major operators’ procurement and sales channels, and growth in non-auction transactions as competition and market-structure risks. - FY2023First statedAnnual report
「Japan’s used-car distribution market is mature and is expected to remain stable. However, if competition intensifies because companies from other industries enter the mature market, or if ASNET’s value declines relatively because new used-car distribution channels emerge and we are unable to maintain or expand market share ahead of competitors, the company’s performance may be materially affected.」
The company identifies entry by companies from other industries, new distribution models, a relative decline in ASNET’s value and failure to maintain or expand market share as risks.