Gross profit per unit declined
First written in FY2019-Q2. 13 of 24 entries say "Mitigated", first in FY2020-Q1. Latest entry: FY2027-H1.
No other company in this theme has enough history to compare yet.
- FY2027-H1Improved retail gross profit, lower wholesale gross profitAnnual report
「Gross profit was ¥51,991 million, up 17.1% year on year. Although gross profit per wholesale vehicle declined as the Company disposed of stagnant inventory and improved inventory quality in the first quarter, gross profit per retail vehicle improved significantly.」
The disposal of stagnant inventory reduced gross profit per wholesale vehicle, while gross profit per retail vehicle improved significantly. Gross profit per vehicle moved in different directions for retail and wholesale operations. - FY2026MitigatedAnnual report
「The company was able to increase unit volumes while maintaining gross profit per retail unit at a high level through pricing that did not assume discounts and sales of ancillary retail products.」
Compared with the decline in gross profit caused by falling auto-auction prices and other factors reported in the previous interim period, the business maintained a high level of gross profit over the year through pricing and sales of ancillary products. - 2026-04-13MitigatedEarnings
「We were able to increase unit sales while maintaining gross profit per retail vehicle at a high level through pricing that does not assume discounts and sales of ancillary retail products, among other factors.」
In contrast to the decline in gross profit that became apparent in the first half of FY2026, the company explained that gross profit was maintained at a high level for the full year. - FY2026-H1WorsenedAnnual report
「Gross profit per retail vehicle declined year on year because high-cost inventory remained unsold amid a sharp drop in auto auction prices.」
The remaining high-cost inventory led to a year-on-year decline in gross profit per retail vehicle, marking a shift from the previously reported improvement and firm performance in gross profit to deterioration. - FY2025MitigatedAnnual report
「Company-operated stores: retail gross profit per vehicle ¥450,000」
Gross profit per retail vehicle was ¥450,000, up from the previous fiscal year's full-year average of ¥410,000. Pricing that did not assume discounting and other measures eased the risk of declining or flat gross profit per vehicle. - FY2025-H1MitigatedAnnual report
「Gross profit per retail vehicle increased by approximately ¥60,000 year on year to ¥440,000, as retail price controls, including restraint on discounting, proved effective.」
Through retail price controls, including restraint on discounting, gross profit per retail vehicle increased by approximately ¥60,000 year on year to ¥440,000. The previously identified risk of declining or flat gross profit eased further in the first half. - FY2025-Q1RestatedAnnual report
「The main factors were steady gross profit per vehicle in both retail and wholesale, supported by continued appropriate pricing, and steady performance in ancillary retail revenue, particularly at large stores.」
The disclosure continues to state that gross profit per vehicle in both retail and wholesale remains firm due to continued appropriate pricing. - FY2024MitigatedAnnual report
「Gross profit per retail vehicle averaged ¥410,000 for the full year, maintaining the level of the previous fiscal year.」
Gross profit per retail vehicle remained at ¥410,000, the level of the previous fiscal year, and the previously identified risk of decline or stagnation did not worsen over the year. - FY2024-Q3MitigatedAnnual report
「Gross profit per retail unit increased by approximately ¥10,000 year on year to approximately ¥400,000, partly because efforts to curb discounts proved effective.」
Gross profit per vehicle increased by approximately ¥10,000 year on year to approximately ¥400,000. The effect of restraint on discounting further eased the previously identified risk of declining or flat gross profit. - FY2024-Q2MitigatedAnnual report
「Gross profit per retail unit increased by approximately ¥20,000 year on year to ¥380,000, as headquarters-led efforts to curb discounts on vehicle prices proved effective.」
In contrast to the previous issues concerning declining or flat gross profit per retail vehicle, gross profit increased by approximately ¥20,000 year on year to ¥380,000 due to restraint on discounting. - FY2024-Q1Flat gross profit per retail vehicleAnnual report
「Gross profit per retail vehicle was flat year on year.」
After an increase in gross profit per retail vehicle was reported in the previous fiscal year, it was flat year on year in the first quarter. Although it did not decline, it changed from an increase to a flat result. - FY2023MitigatedAnnual report
「Retail unit volumes at domestic company-operated stores declined as the company prioritized increasing gross profit per unit, while gross profit per retail unit increased.」
By limiting retail unit sales and prioritizing higher gross profit per vehicle, gross profit per retail vehicle increased. The business has progressed from the previously reported decline and recovery in gross profit per vehicle to an actual increase in the current fiscal year. - FY2021-Q3MitigatedAnnual report
「Although retail unit sales remained firm, the number of vehicles purchased and gross profit per wholesale vehicle declined, mainly in the first quarter, due to the impact of COVID-19. During the 3 months of the third quarter, the number of vehicles purchased and gross profit per wholesale vehicle recovered to about the same level as in the same period of the previous year.」
The number of vehicles purchased and gross profit per wholesale vehicle, which declined mainly in the first quarter due to the impact of COVID-19, recovered to about the same level as in the same period of the previous year during the 3 months of the third quarter. - FY2021-Q2Retail gross profit was at the same level as in the previous year, while wholesale gross profit declinedAnnual report
「Amid these unit-price fluctuations, gross profit per retail vehicle for the first half was ultimately at about the same level as in the same period of the previous year. Due to the impact of COVID-19, the number of vehicles purchased and gross profit per wholesale vehicle declined, mainly in the first quarter. As a result, both the number of vehicles purchased and gross profit per wholesale vehicle declined for the first half.」
Gross profit per retail vehicle recovered to about the same level as in the same period of the previous year, while the number of vehicles purchased and gross profit per wholesale vehicle declined in the first half due to the impact of COVID-19. Retail and wholesale trends diverged. - FY2021-Q1WorsenedAnnual report
「On the other hand, gross profit per retail vehicle declined due to temporary retail price reductions from April to mid-May. Gross profit per wholesale vehicle also declined due to the sharp drop in auction prices in April and May.」
For gross profit per vehicle, which had been recovering, declines in both retail and wholesale were reported due to temporary retail price reductions and a sharp fall in auction prices. - FY2020MitigatedAnnual report
「In the previous fiscal year, retail unit volumes per company-operated store and gross profit per unit declined as a result of changes to the pricing strategy and store sales initiatives for used vehicles. In the current fiscal year, various improvement measures improved the accuracy of retail price setting and increased revenue from ancillary products. As a result, both retail unit volumes per store and gross profit per unit recovered.」
Gross profit per vehicle, which declined in the previous fiscal year, recovered on an annual basis against a backdrop of various improvement measures, more accurate retail price setting, and increased revenue from ancillary products. - FY2020-Q3RestatedAnnual report
「In the previous fiscal year, retail unit volumes per company-operated store and gross profit per unit declined as a result of changes to the pricing strategy and store sales initiatives for used vehicles. In the current fiscal year, various improvement initiatives improved the accuracy of retail price setting and increased revenue from ancillary products. As a result, both retail unit volumes per store and gross profit per unit recovered.」
The disclosure continues to state that gross profit per vehicle, which declined in the previous fiscal year, recovered against a backdrop of various improvement measures, more accurate retail price setting, and increased revenue from ancillary products. - FY2020-Q2MitigatedAnnual report
「In the previous fiscal year, retail unit volumes per company-operated store and gross profit per unit declined as a result of changes to the pricing strategy and store sales initiatives for used vehicles. In the current fiscal year, both retail unit volumes per store and gross profit per unit recovered as ongoing improvement initiatives from the previous fiscal year proved effective.」
The disclosure states that gross profit per vehicle, which declined in the previous fiscal year, recovered as ongoing improvement measures proved effective. - FY2020-Q1MitigatedAnnual report
「In the previous fiscal year, retail unit volumes per store and gross profit per unit declined as a result of changes to the pricing strategy and store sales initiatives for used vehicles. In the current fiscal year, however, these metrics have steadily recovered.」
The disclosure states that gross profit per vehicle, which declined in the previous fiscal year, has begun to recover in the current fiscal year, easing the downward trend. - FY2019-Q3Improvement in the decline in gross profit per vehicleAnnual report
「During the fiscal year, retail unit sales per store and gross profit per unit remained below the previous year's levels due to the effects of changes to pricing for used-vehicle sales and store operating measures, but the rate of decline improved from the second quarter onward.」
Gross profit per vehicle has remained below the level recorded in the same period of the previous year, but the rate of decline improved from the second quarter onward. - FY2019-Q2First statedAnnual report
「As a result of changes to the pricing strategy and store sales initiatives for used vehicles, retail unit volumes per store and gross profit per unit decreased year on year.」
The decline in gross profit per vehicle year on year due to changes in sales-price setting and store sales initiatives was identified for the first time as a standalone profitability issue.