Nextage Co., Ltd. · TSE:3186
Nextage — Q2 FY2026 Earnings Presentation
27 slides from Nextage's earnings presentation, Jul 6, 2026
Slide 1: Fiscal 2026 2nd Quarter (Interim) Financial Results Presentation
Financial Results Presentation Fiscal 2026 2nd Quarter (Interim) Financial Results Presentation July 6, 2026 NEXTAGE Co., Ltd. (3186)
Slide 2: Contents
Contents １．Results Overview ２．Reference Information 2
Slide 3: Fiscal 2026 Business Performance
Fiscal 2026 Business Performance （Millions of yen） Percent FY2026 Q2 Comparison FY2025 FY2025 FY2025 FY2026 FY2026 of net YoY with plan cumulative sales Ｑ2 Ｑ3 Ｑ4 Ｑ1 Ｑ2 Net Sales 391,212 100.0％ 126.6％ 52.4％ 164,069 167,723 175,412 181,069 210,142 Gross Profit 63,108 16.1％ 119.1％ - 28,321 29,033 30,12
Slide 4: Market Environment (the Number of Car Registrations)
Market Environment (the Number of Car Registrations) ■ Used car registrations （December 2025 to May 2026） Results Results Comparison Results Comparison Number of units in FY2026 in FY2025 with FY2025 in FY2024 with FY2024 Ordinary passenger cars 1,307,887 1,327,204 98.5％ 1,353,901 96.6％ Kei (light)
Slide 5: Market Environment (Change in Market Price of AA in Japan)
*1 Market Environment （Change in Market Price of AA in Japan） *1 Automobile auctions ■ Changes in average AA sales price and （Thousands of yen） contract completion rate of AA 1,600 75% 1,400 70% 1,200 65% 1,000 60% 800 55% 600 50% 400 200 45% 0 40% Jun. 2025 Jul. 2025 Aug. 2025 Sep. 2025 Oct. 2025 N
Slide 6: Current Market Environment
Current Market Environment ■ Changes in contract completion rate of AA in 2026 80% 75% 70% 65% 60% 2nd week 4th week 1st week 3rd week 1st week 3rd week 1st week 3rd week 5th week 2nd week 4th week 2nd week of Jan. of Jan. of Feb. of Feb. of Mar. of Mar. of Apr. of Apr. of Apr. of May of May of Jun.
Slide 7: Monthly Retail Sales Volume in Fiscal 2026
Monthly Retail Sales Volume in Fiscal 2026 ■ Monthly retail car sales volume and YoY comparison (Number of units) Sales track：49.5% 18,382 （Annual plan：192,000 vehicles） 18,000 17,663 17,521 16,697 16,665 16,856 15,253 15,437 16,111 16,155 16,000 16,404 14,702 15,699 16,849 16,186 16,017 15,768 15,2
Slide 8: Changes in Primary KPI Status
Changes in Primary KPI Status Retail car sales Vehicle purchases （Number of units） （Number of units） 92,086 94,946 181,199 100,000 180,000 138,657 YoY YoY 50,000 103.1％ 130.7％ 90,000 0 0 FY2025 FY2026 FY2025 FY2026 Interim Interim Interim Interim Vehicle safety inspections AA sales & wholesale （Numb
Slide 9: Financial Results of Each Business Unit
Financial Results of Each Business Unit ■ : Net sales ■ Changes in net sales and gross profit of each business unit ■ : Gross profit （Millions of yen） Used vehicle dealerships Net sales Purchasing stores Net sales YoY YoY 160,000 240,000 201,340 75,000 125.3％ 134,428 50,000 137.4％ 160,646 97,859 160
Slide 10: Gross Profit Margin and SG&A Expenses Ratio Analysis
Gross Profit Margin and SG&A Expenses Ratio Analysis ■ Changes in gross profit margin and selling, general and administrative expenses ratio (consolidated) Gross profit margin Selling, general and administrative expenses ratio 22.0% Operating 20.0% profit margin 18.7% 3.8% 17.7% 17.8% 18.0% 17.2% 16
Slide 11: Operating Income Analysis
Operating Income Analysis (Millions of yen) ■ Changes in operating profit YoY 103.6％ 20,000 Q2 end YoY +8 storefronts 113.7％ YoY 18,000 10,104 119.7％ 16,000 ▲ 401 ▲ 290 ▲ 963 14,000 ▲ 772 ▲ 659 12,000 YoY 102.3％ 10,000 ■ Gross profit per sales staff 8,000 6,000 YoY 14,088 Used vehicle 134.2% dealers
Slide 12: Analysis of Gross Profit Margin
Analysis of Gross Profit Margin ■ Changes in average retail sales price ■ Changes in average AA sales price and （excluding new vehicle dealerships） and profit per vehicle of AA unit profit per vehicle in used vehicle dealerships （excluding new vehicle dealerships） Sales Price Profit per vehicle （Tho
Slide 13: Profit per Unit at Used Vehicle Dealerships by Components
Profit per Unit at Used Vehicle Dealerships by Components ■ Changes in profit per unit at used vehicle dealerships by components ① Vehicle itself ② Accessories ③ Financial products （％） （％） （％） 200 200 200 150 150 150 100 100 100 50 50 50 0 0 0 FY2022 FY2023 FY2024 FY2025 FY2026 FY2026 FY2022 FY2023
Slide 14: Profit per Unit at Used Vehicle Dealerships by Components
Profit per Unit at Used Vehicle Dealerships by Components ■ Changes in profit per unit at used vehicle dealerships by components ④ AA sales of trade-in and ⑤ Disposal of backlogs and （％） purchased vehicles （％） inventory replacement 0 150 -100 100 -200 50 0 -300 FY2022 FY2023 FY2024 FY2025 FY2026 FY2
Slide 15: Product Management Status
Product Management Status ■ Changes in inventory turnover days ■ Supplier composition of retail sales （excluding new vehicle dealerships） （excluding new vehicle dealerships） （Unit : day） 100% 37.6 37.1 50.6 36.5 63.7 60.8 56.6 62.7 66.1 50% 35.0 34.5 34.1 34.0 33.4 33.0 37.4 31.8 32.3 29.3 27.9 31.1
Slide 16: Initiatives in Fiscal 2026
Initiatives in Fiscal 2026 Initiatives detail •Reinforcement in application of information to purchase cars An increase in from customers purchase volume •Enthusiastically opening new purchasing stores in urban areas Improvement in •Shortened inventory turnover days improving profit per vehicle gros
Slide 17: Changes in Wholesale Business
Changes in Wholesale Business ■ Monthly wholesale volume record and plan (cumulative) （Number of units） Annual wholesale 50,000 volume plan 50,000 40,000 Compared to plan 43.3% 30,000 21,638 20,000 9,871 10,000 0 Dec. 2025 Jan. 2026 Feb. 2026 Mar. 2026 Apr. 2026 May 2026 Jun. 2026 Jul. 2026 Aug. 202
Slide 18: Revision of Consolidated Financial Forecasts
Revision of Consolidated Financial Forecasts （Millions of yen） FY2026 FY2026 FY2026 FY2026 Difference Difference interim interim forecasts forecasts in ratio in ratio forecasts results （pre-revision） （revision） Net Sales 329,000 391,212 ＋18.9％ 684,000 746,000 ＋9.1％ Operating Profit 10,500 14,088 ＋34
Slide 19: Change in the Number of Locations
Change in the Number of Locations ■ Change in the number of locations Standalone vehicle purchasing stores （Unit : locations） 160 New vehicle dealerships Used car dealerships 140 127 127 130 130 121 125 120 100 100 80 66 70 65 65 60 56 52 52 52 52 49 48 38 40 21 23 20 0 FY2022 FY2023 FY2024 FY2025 F
Slide 20: Fiscal 2026 Store Opening Record
Fiscal 2026 Store Opening Record The Difference Fiscal 2026 store End of fiscal Change in beginning of Q1 Q2 Q3 Q4 from initial opening plan 2026 fiscal 2026 fiscal 2026 plan Medium-sized 17 Store-type -1 16 -1 -1 dealerships changings (Japanese cars) storefronts storefront storefronts storefront st
Slide 21: Contents
Contents １．Results Overview ２．Reference Information 21
Slide 22: Consolidated Balance Sheets
Consolidated Balance Sheets ■ Consolidated balance sheets （situations of assets and liabilities） As of the end of fiscal 2026 Q2 (Millions of yen) As of the end of fiscal 2025 (Millions of yen) Current Current assets liabilities Current assets Current 流動負債 liabilities 163,324 89,581 136,347 73,936 (
Slide 23: Comparison in Existing-Stores
Comparison in Existing-Stores YoY comparison on existing-store basis (quarterly) (¥ million, %) YoY comparison on existing-store basis (quarterly) (¥ million, %) Net sales Q1 Q2 Q3 Q4 Operating income Q1 Q2 Q3 Q4 FY2021 59,653 70,597 68,469 73,891 FY2021 3,602 4,696 4,893 5,529 Fiscal 2022 FY2022 65
Slide 24: Comparison in New Stores
Comparison in New Stores New store openings (¥ million, %) New store openings (¥ million, %) Net sales Q1 Q2 Q3 Q4 Operating income Q1 Q2 Q3 Q4 Quarter 14,152 20,794 21,806 30,731 Quarter 892 1,187 1,703 1,396 Fiscal 2022 Cumulative 14,152 34,946 56,752 87,482 Fiscal 2022 Cumulative 892 2,079 3,782
Slide 25: Details of Net Sales
Details of Net Sales Car sales-related (¥ million, %) Maintenance-related (¥ million, %) Net sales Q1 Q2 Q3 Q4 total Net sales Q1 Q2 Q3 Q4 total (1) Fiscal 2021 44,909 53,391 52,348 54,412 205,061 (1) Fiscal 2021 2,465 2,649 2,765 2,996 10,875 (2) Fiscal 2022 57,022 69,552 71,552 76,602 274,728 (2)
Slide 26: Changes in Quarterly Results
Changes in Quarterly Results （Unit： Million yen） Consolidated Q1 Q2 Q3 Q4 Full year statements of income Fiscal 2024 Fiscal 2025 YoY Fiscal 2024 Fiscal 2025 YoY Fiscal 2024 Fiscal 2025 YoY Fiscal 2024 Fiscal 2025 YoY Fiscal 2024 Fiscal 2025 YoY Net sales 119,457 144,867 21.3% 145,526 164,069 12.7% 1
Slide 27: Company Overview
Company Overview • Company name NEXTAGE Co., Ltd. • Address 15F, Chunichi Building, 4-1-1, Sakae, Naka Ward, Nagoya, Aichi Prefecture, 460-0008, Japan • Businesses Sales of new and used vehicles, automobile maintenance, purchases of used vehicles, and an insurance agency business • Company website h