Decline in used-car sales profit due to weak used-car market prices
First written in FY2018-Q1. 5 of 16 entries say "Mitigated", first in FY2019-Q1. Latest entry: 2026-11-13.
2 other companies' latest entry also says "Mitigated".
- 2026-11-13MitigatedResults
「In used vehicle sales, the vehicle inventory was enhanced by an increase in trade-in vehicles accompanying the expansion of new vehicle sales, and the business performed well.」
中古車販売台数の減少が業績悪化要因となっていた状態から、新車販売拡大に伴う下取車の増加により中古車販売が好調に推移したと記載している。 - FY2027-H1MitigatedAnnual report
「In used vehicle sales, the vehicle inventory was enhanced by an increase in trade-in vehicles accompanying the expansion of new vehicle sales, and the business performed well.」
The increase in trade-in vehicles accompanying the expansion of new vehicle sales enhanced the vehicle inventory, and used vehicle sales performed well. The deterioration in the used vehicle sales environment has eased from the previous fiscal year. - FY2026WorsenedAnnual report
「Although revenue declined, mainly due to lower new-car and used-car unit sales,」
Used-car unit sales were 21,661, or 93.4% of the prior-year period, and declined alongside new-car unit sales, contributing to the revenue decline. - FY2026-H1WorsenedAnnual report
「Although revenue declined, mainly due to lower new-car and used-car unit sales,」
The decline in used-car unit sales emerged as one of the main factors behind the revenue decline. No specific explanation was provided regarding the impact of used-car market conditions or the inventory environment. - FY2025Focus on retail gross profit and sales efficiency amid a shortage of used-car inventoryAnnual report
「In used-car sales, despite inventory tending to remain scarce across the distribution market, both gross profit protection and sales efficiency improved as a result of focusing on higher retail sales, while the maintenance business also remained solid as we continued to steadily capture maintenance demand.」
The company identified the shortage of inventory across the distribution market, rather than sluggish used-car prices, as a new environmental factor. It stated that used-car sales remained solid by focusing on securing gross profit and improving sales efficiency through higher retail sales. - FY2022RestatedAnnual report
「Used-car unit sales also declined because fewer trade-in vehicles were available and other factors, but favorable used-car market conditions resulted in higher profit.」
Although unit sales declined because fewer trade-in vehicles were available, favorable used-car market conditions resulted in higher profit, and the easing of the risk of weak market prices has continued. - FY2022-Q3MitigatedAnnual report
「Used-car unit sales declined because fewer trade-in vehicles were available, but favorable used-car market conditions resulted in earnings above the level of a typical year.」
Although unit sales declined because fewer trade-in vehicles were available, favorable used-car market conditions improved earnings from the previously reported level of around a typical year to above a typical year. The risk of prolonged weakness in used-car market prices has eased. - FY2022-Q2RestatedAnnual report
「In the used-car business, unit sales declined because fewer new-car trade-ins were available, but the favorable used-car market enabled the Company to secure earnings at around the level of a typical year.」
Used-car unit sales declined as fewer new-car trade-ins were available, while favorable used-car market conditions enabled the Company to secure earnings at around the level of a typical year. The recovery trend in the used-car sales environment is continuing. - FY2021RestatedAnnual report
「New-car unit sales recovered in the second half, used-car sales also performed well, and the number of vehicles received for inspection and maintenance exceeded the previous year in the vehicle maintenance business, among other factors, narrowing the extent of the declines in revenue and profit recorded in the first half,」
Used-car sales, which had struggled in the same period of the previous year, recovered and performed well in the second half, while the number of vehicles received for inspection and maintenance also exceeded the previous year. - FY2021-Q3MitigatedAnnual report
「In addition to the recovery in new-car unit sales, used-car sales also performed well,」
Used-car sales, which had struggled in the same period of the previous year, were reported to have performed well on a cumulative basis for the quarter, indicating that the deterioration in the used-car sales environment has eased. - FY2020-Q3WorsenedAnnual report
「On the other hand, the core models Serena and Note, which account for approximately 40% of unit sales, contributed in absolute terms. However, total new-car unit sales fell below the previous year because of the impact of the consumption tax increase and other factors. Used-car sales also struggled as new-car unit sales declined, resulting in」
Used-car sales, which had been described as performing well in wholesale channels such as auctions through the previous fiscal year, were reported to be struggling overall as new-car unit sales declined, indicating a deterioration in conditions. - FY2019RestatedAnnual report
「In addition, used-car sales benefited from strong wholesale sales through auctions and other channels.」
Even after the recovery in used-car market prices, the channel-specific trend has continued, with wholesale sales through auctions and other channels performing well while retail sales have not. - FY2019-Q3RestatedAnnual report
「Wholesale sales through auctions and other channels also continued to perform well in used-car sales.」
In used-car sales, wholesale sales through auctions and other channels continued to perform well, following the previous quarter. - FY2019-Q2Used-car retail sales struggled, while wholesale sales performed wellAnnual report
「In used-car sales, retail sales struggled, but wholesale sales through auctions and other channels performed well.」
In contrast to the recovery in used-car market prices reported in the previous quarter, this quarter showed a divergence by sales channel, with used-car retail sales struggling while wholesale sales through auctions and other channels performed well. - FY2019-Q1MitigatedAnnual report
「The recovery in used-car market prices and an increase in vehicles received for servicing in the automotive maintenance business also contributed.」
Unlike the weakness in used-car market prices reported in the previous quarter, the Company reported a recovery in used-car market prices this quarter, contributing to higher revenue and profit in the automotive-related business. - FY2018-Q1First statedAnnual report
「Used-car market prices remained weak, resulting in a decline in gross profit from used-car sales, among other factors.」
The Company states that continued weakness in used-car market prices and the resulting decline in gross profit from used-car sales affected the decreases in operating income and ordinary income for the quarter, as well as the quarterly net loss attributable to owners of the parent.