Strengthening Sales of High-Priced Products and EVs
First written in FY2018-Q3. 14 of 18 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 3 of 23 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「The company continued its sales policy of avoiding being drawn into price competition in the lower-priced used-car market.」
It was explained that the company continues to pursue a sales policy of avoiding volume competition in the lower-priced product segment. - FY2024-Q3RestatedAnnual report
「In the trading business, as noted above, the number of vehicles sold increased, while selling prices declined as the surge in purchase prices subsided.」
The combination of higher unit sales and lower selling prices continued, reconfirming that the decline in selling prices resulted from the subsiding surge in purchase prices. - FY2024-Q2Higher sales volumes; lower selling pricesAnnual report
「In the trading business, as noted above, the number of vehicles sold increased, while selling prices declined as the surge in purchase prices subsided.」
As the surge in purchase prices subsided, the number of vehicles sold increased, but selling prices declined. - FY2024-Q1Shift to lower selling pricesAnnual report
「In the trading business, as noted above, the number of vehicles sold increased, while selling prices declined as the surge in purchase prices subsided. As a result, revenue was ¥1,197 million, down 4.4% year on year, and segment profit was ¥491 million, down 12.9%.」
Although the number of vehicles sold increased, selling prices declined as the surge in purchase prices subsided, resulting in lower revenue and profit in the trading segment. - FY2023RestatedAnnual report
「In the trading business, although the number of vehicles sold declined, selling prices rose against a backdrop of purchase prices remaining at elevated levels and increased demand for environmentally compliant vehicles.」
Although the number of vehicles sold declined, higher selling prices, supported by purchase prices remaining at elevated levels and demand for environmentally compliant vehicles, were also confirmed for the full year. - FY2023-Q3RestatedAnnual report
「In the trading business, as noted above, the number of vehicles sold declined, while selling prices rose due to the overall increase in purchase prices and changes in the vehicle models handled to address increased demand for environmentally compliant vehicles and other factors.」
It was again explained that vehicle models were changed to address increased demand for environmentally compliant vehicles and other factors, resulting in higher selling prices. - FY2023-Q2RestatedAnnual report
「In the trading business, as noted above, the number of vehicles sold declined, while selling prices rose due to the overall increase in purchase prices, as well as changes in the vehicle models handled to address increased demand for environmentally compliant vehicles and other factors.」
It was again explained that vehicle models were changed to address demand for environmentally compliant vehicles, resulting in higher selling prices. - FY2023-Q1RestatedAnnual report
「In the trading business, as noted above, the number of vehicles sold increased slightly, while selling prices rose on stronger demand for environmentally compliant vehicles.」
Selling prices were confirmed to have risen in response to increased demand for environmentally compliant vehicles, reiterating the trend toward higher-priced products. - FY2022RestatedAnnual report
「Selling prices rose in response to increased demand for used cars」
The full-year results also confirmed that selling prices rose as demand for used cars increased. - FY2022-Q3RestatedAnnual report
「In Trading, in addition to the increase in sales volumes described above, selling prices rose in response to increased demand for used cars.」
The explanation that selling prices rose in response to increased demand for used cars continued, reconfirming the trend toward higher-priced products. - FY2022-Q2RestatedAnnual report
「In Trading, in addition to the increase in sales volumes described above, selling prices rose in response to increased demand for used cars.」
It was explained that selling prices rose in response to increased demand for used cars, reconfirming the trend toward higher-priced products. - FY2022-Q1RestatedAnnual report
「In Trading, in addition to the substantial increase in sales volumes described above, selling prices rose in response to increased demand for used cars.」
It was explained that selling prices rose in response to increased demand for used cars, reconfirming the trend toward higher-priced products. - FY2021RestatedAnnual report
「Selling prices rose in response to increased demand for used cars」
It was explained that, although sales volumes declined, selling prices increased in response to higher demand for used cars. - FY2020-Q3RestatedAnnual report
「(Trading) As noted above, although used-car sales volumes increased, the decline in the New Zealand dollar against the yen and lower selling prices resulting from changes in dealers’ purchasing stance had a significant impact, and net sales were ¥10,278 million, down 6.9% year on year.」
It was explained that, although used-car sales volumes increased, lower selling prices resulting from the exchange-rate decline and changes in dealers’ purchasing stance continued to have a significant impact. - FY2020-Q2Shift to lower selling pricesAnnual report
「The decline in the New Zealand dollar against the yen and lower selling prices resulting from dealers becoming more cautious in their purchasing had a significant impact, and net sales were ¥6,723 million, down 7.2% year on year.」
In contrast to earlier disclosures on strengthening sales of higher-priced products and increasing selling prices, it was explained that the decline in the exchange rate and dealers’ increasingly cautious purchasing had a significant negative impact on selling prices. - FY2019-Q1RestatedAnnual report
「The selling price per vehicle increased because the proportion of low-priced products handled was reduced.」
The first-quarter results reconfirmed the company’s approach of reducing the proportion of low-priced products handled and raising selling prices. - FY2018RestatedAnnual report
「The company reviewed its sales destinations that had handled low-priced vehicles. As a result, the selling price per vehicle increased, while sales volumes fell 10.9% year on year to 37,089 vehicles.」
The full-year results confirmed that reviewing the low-priced segment led to higher selling prices. The company also stated its policy of advancing its EV-related business. - FY2018-Q3First statedAnnual report
「The selling price per vehicle increased as the proportion of low-priced products handled declined and sales of higher-priced products, including EVs (electric vehicles), were strengthened.」
It was explained that the product mix shifted from the low-priced segment toward higher-priced products such as EVs, resulting in higher selling prices.