Dependence on the Used-Car Market
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2026.
0 other companies' latest entry also says "Other".
- FY2026Updated estimate for the used-car marketAnnual report
「The retail used-car market in Japan is estimated at approximately ¥4.4 trillion, and annual used-car transactions at approximately 2.508 million vehicles, indicating that the market surrounding our business is very large.」
The description of the business environment based on dependence on the domestic used-car market was updated to approximately ¥4.4 trillion in market size and approximately 2.508 million vehicles in annual transactions. - FY2024Updated estimate for the used-car marketAnnual report
「The retail used-car market in Japan is estimated at approximately ¥3.6 trillion, and annual used-car transactions at approximately 2.31 million vehicles, indicating that the market surrounding our business is very large.」
The description of the business environment based on dependence on the domestic used-car market was updated to approximately ¥3.6 trillion in market size and approximately 2.31 million vehicles in annual transactions. - FY2021RestatedAnnual report
「Although our group has also begun expanding its business overseas, domestic operations account for a high proportion of total net sales, and a distinguishing feature of our business is its high dependence on the domestic used-car market.」
Although overseas expansion is under way, domestic operations continue to account for a high proportion of net sales, and the risk of high dependence on the domestic used-car market continues to be recognised. - FY2020RestatedAnnual report
「Although our group has also begun expanding its business overseas, domestic operations account for a high proportion of total net sales, and a distinguishing feature of our business is its high dependence on the domestic used-car market.」
Although overseas expansion is under way, domestic operations continue to account for a high proportion of net sales, and the company continues to explain that it is highly dependent on the domestic used-car market. - FY2018RestatedAnnual report
「Because we primarily conduct business focused on sales revenue from the retailing of used cars, this business accounts for a high proportion of total net sales. Accordingly, because our net sales depend on the used-car market, a significant contraction in the market due to a substantial deterioration in the consumer environment or other factors could affect our operating results and financial position.」
Revenue from used-car retailing and dependence on the used-car market continue to be explicitly identified as business risks. - FY2017First statedAnnual report
「In addition, because most of our net sales depend on the used-car market, a significant contraction in the market could affect our operating results and financial position.」
Most net sales depend on the used-car market, and the potential impact on operating results and financial position if the market contracts significantly is disclosed as a risk.