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IDOM : Results for Fiscal Year Ended February 28, 2025
IDOM : Results for Fiscal Year Ended February 28,
About this update from Idom Inc.
F Y 2 0 2 5 Results for Fiscal Year Ended February 28, 2025 A p r i l 1 4 t h , 2 0 2 5 T S E P r i m e 7 5 9 9 I D O M I n c . C o n t e n t s 1. FY2025 Results Summary -4 2. FY2025 Initiatives -22 3. FY2026 Initiatives -26 4. Capital Policy and Dividends -45 5. APPENDIX -50 6. APPENDIX ( Supplementary Information on Results and Financial Matters ) -64 3 1 ． FY2025 Results Summary Highlights Consolidated Record operating profit Operating profit 19.9 billion yen +23% YoY Retail sales Gross profit per retail unit Gross profit per 450,000 yen/unit x retail unit Retail sales Record unit Sales Retail Unit 149,003 units Sales +3% YoY Profits have increased in five of the six fiscal years counting from 2019. Gross profit per retail unit was maintained at the level of the more than forecast. Record high while maintaining gross profit per unit. 5 Highlights Trend in the Used Car Market (thousand yen) Previous FY2025 Average market price of purshased vehicles 2024 average 2025 average Fiscal Year 1,200 1,000 800 600 400 200 0 2017/2 2018/2 2019/2 2020/2 2021/2 2022/2 2023/2 2024/2 2025/2 The decline in the third quarter did not continue, and market prices remained at a high level. In the fourth quarter, market prices were difficult to predict, so we prioritized securing gross profit per unit. 6 Highlights Trend in Operating Profit (billion yen) (billion yen) Full-year Quarterly trend Australian subsidiary whose shares were transferred 20.0 Consolidated （ Excluding Australia ） 6.0 1.3 16.0 4.7 5.0 Operating 12.0 4.0 17.4 19.9 3.0 5.3 5.7 profit 8.0 13.9 16.1 4.4 5.0 4.8 2.0 3.7 4.0 1.0 0.0 0.0 2022 2023 2024 2025 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 Ordinary profit 4.3% 4.4% 3.8% 4.0% 3.6% 4.7% 3.6% 4.5% 3.8% 4.1% margin (%) Operating 1.1% -13.7% 23.4% profit growth rate * 2025 indicates the fiscal year ending February 28, 2025. 7 Highlights Trend in Gross Profit per Retail Unit (ten thousand yen) FY2023 FY2024 FY2025 FY2025 55 450,000 yen/unit x 50 48 48 45 45 45 43 46 Targeted gross profit per unit for the current year 40 40 35 33 33 30 Q1 Q2 Q3 Q4 Retail unit gross profit = Total gross profit including vehicle, maintenance, bodywork, and warranty, divided by retail units sold. Gross profit per retail unit was 450,000 yen, achieving the target level (410,000-440,000 yen /unit x ). * 2025 indicates the fiscal year ending February 28, 2025. 8 Consolidated KPIs for FY2025 FY2023 FY2024 FY2025 YoY Changes Number Store opening of large stores 8 11 16 +5 of stores (stores) Number of retail unit sales 136 144 149 +5 Retail (thousand units) sales Gross profit per retail unit 45 +4 40 41 (ten thousand yen) Number of wholesales unit 112 128 144 +16 (thousand units) wholesale Gross profit per wholesale 10 10 12 +2 unit (ten thousand yen) Store openings are going as planned. In the second half of the year, we prioritized securing gross profit per unit, in preparation for a decline in market prices. As a result, we saw moderate growth in the number of units sold, and sales at large stores were strong. * 2025 indicates the fiscal year ending February 28, 2025. 9 Consolidated FY2025 Results (billion yen) FY2024 FY2025 Ratio to net YoY Percent sales changes change Net sales 419.9 496.7 100.0% 76.8 18.3% 88.7 Gross profit 73.3 17.9% 15.4 20.9% Selling, general and 57.2 68.8 13.8% 11.6 20.2% administrative expenses 19.9 Operating profit 16.1 4.0% 3.8 23.4% Ordinary profit 15.8 19.1 3.8% 3.3 20.8% Profit attributable 11.4 13.4 2.7% 2.0 17.5% to owners of parent * 2025 indicates the fiscal year ending February 28, 2025. Attention : This is an excerpt of the original content. To continue reading it, access the original document here .