In-house Automotive Parts Procurement and Expanded Business Touchpoints Through Used Parts and Overseas Transactions
First written in FY2020-Q3. 7 of 9 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「We have continued to reduce costs by directing vehicles requiring repairs following a breakdown to repair shops in our Group’s service network and using used parts procured from Group companies for the repairs」
We have incorporated the parts-related businesses and repair-shop network into breakdown warranty repairs and continue to reduce costs through the use of used parts. - FY2024AdvancedAnnual report
「We directed vehicles requiring repairs following a breakdown to repair shops in our Group’s service network and reduced costs by using used parts procured from Group companies for the repairs.」
The acquired and developed parts-related businesses have progressed to the stage of being linked to the use of used parts procured within the Group for repairs and to cost reductions. - FY2022-Q3AdvancedAnnual report
「Operating revenue in the auto mobility services business was ¥2,037 million, up 96.7% year on year, and segment profit was ¥46 million, due to growth in parts sales and wholesale vehicle sales and increased handling volumes for each service as the number of credit-affiliated dealers, companies in the repair-shop network and members of the membership-based service expanded.」
The volume of automotive mobility services, including parts sales and wholesale vehicle sales, increased, resulting in a 96.7% year-on-year increase in operating revenue from the related businesses and segment profit of ¥46 million. - FY2022-Q2AdvancedAnnual report
「In the automotive mobility services business, parts sales and wholesale vehicle sales grew. At the same time, the volume of services handled increased as the number of credit-affiliated stores, vehicle repair shops in the network and membership-based services expanded. As a result, operating revenue was ¥1,309 million, up 133.8% year on year, and the segment moved from a loss in the first-quarter cumulative consolidated period to a profit of ¥16 million.」
Operating revenue from the automotive mobility services business increased 133.8% year on year, driven by growth in parts sales, wholesale vehicle sales and the repair-shop network, and the segment became profitable. - FY2022-Q1AdvancedAnnual report
「In the Automotive Mobility Services business, operating revenue was ¥614 million, up 202.8% year on year, while the segment recorded a loss of ¥11 million. This reflected growth in parts sales and wholesale vehicle sales, offset by upfront investment associated with expanding the network of repair shops.」
Sales of parts and wholesale vehicle sales, including the acquired parts-related businesses, grew, contributing ¥614 million in operating revenue from the automotive mobility services business. - FY2021-Q3AdvancedAnnual report
「In Other Businesses, operating revenue was ¥1,257 million, up 196.2% year on year, driven by the monetisation of automotive mobility services, including growth in 株式会社ソフトプランナー's software sales business, expansion of the vehicle repair shop network and growth in parts sales.」
The monetization of automotive mobility services, including growth in parts sales, progressed, and operating revenue from the related businesses increased 196.2% year on year. - FY2021-Q2AdvancedAnnual report
「In the Other businesses segment, revenue increased 129.8% year on year to ¥693 million, driven by the monetization of automotive mobility services, including growth in 株式会社ソフトプランナー's software sales business, expansion of the network of vehicle servicing centers, and growth in parts sales.」
Sales of parts, including the acquired parts-related businesses, grew, contributing to the monetization of automotive mobility services and higher revenue from other businesses. - FY2020AchievedAnnual report
「On 16 January 2020, we acquired 100% of the shares of SAE Remax Co., Ltd.」
We completed the 100% acquisition of 2 companies for the purpose of insourcing automotive parts procurement, producing used parts, conducting overseas transactions and providing value-added services to member stores, thereby acquiring a specific business foundation for automotive mobility services. - FY2020-Q3First statedAnnual report
「On 16 January 2020, we acquired 100% of the shares of SAE Remax Co., Ltd. …Through this acquisition, we believe our Group will be able to achieve the following 2 objectives. 1. In the breakdown warranty business, insource the procurement of repair parts required for vehicle repairs to reduce costs and improve quality. 2. Strengthen the procurement of automotive parts, thereby expanding business contacts with automobile dealers and repair shops through the provision of automotive parts and deepening these relationships. …On 16 January 2020, we acquired 100% of the shares of セントパーツ株式会社. …1. Produce used automotive parts in-house to further reduce the cost of repair parts required for vehicle repairs in the breakdown warranty business. 2. Begin overseas automotive parts transactions and create opportunities to expand the breakdown warranty business. 3. Provide value-added services to our Group’s member stores and other partners, including an overseas sales platform and the purchase of older vehicles, including end-of-life vehicles.」
On 16 January 2020, we acquired 100% of an automotive parts wholesaler and a used-car and used-parts company, respectively. We identified insourcing the procurement of repair parts for the breakdown warranty business, reducing costs and improving quality, conducting overseas parts transactions, and providing value-added services to member stores and others as new initiatives.