3Q FY3/2026 Consolidated Results of Operations（1.1 MB）

Q3 FY2

25

Consolidated Results of Operations

USS Co., Ltd.

February 2026

FY2025 (FY3/2026) : from April 1, 2025 to March 31, 2026

Contents

P.3

Ⅰ ： Q1-3 FY2025 Results of Operations

P.16

Ⅱ： FY2025 Consolidated Forecast

P.32

Ⅳ：Reference

Q1-3 FY2025

Results of Operations

株主還 元

Highlights of Q1-3 FY2025

Q1-3 FY25 Results

• Net sales ¥82.9billion

  （up 8.2% YoY）

• Operating profit

  ¥ 43.8billion（up 10.2% YoY）

  • USS Auto Auction result in Q1-3 FY2025: vehicles consigned was 2.58 million (up 11.3% YoY), contract completions was 1.71 million (up 9.2% YoY), contract completion rate was 66.3%.

  • In the used vehicle purchasing and selling segment, sales and earnings decreased due to a smaller number of vehicles sold.

  • In the recycle segment, sales increased and earnings decreased, as non-ferrous metal prices trended upward while depreciation increased.

FY25 Forecast

• Revisions to the FY2025 plan

  • Revised upward the FY2025 plan to reflect higher-than-forecasted Q3 results.

• Net sales increased from

  ¥111.8 billion to ¥111.9

  billion

  • 0.1% higher than the previous forecast

    (Nov. 11, 2025)

• Operating profit increased from ¥57.4 billion to

  ¥58.0 billion

  • 1.0% higher than the previous forecast (Nov. 11, 2025)

Earnings Distributions

• FY2025 dividend forecast has been raised from ¥51.4 to ¥51.8

  * This will be the 26th consecutive year

  of dividend increases.

• Total payout ratio : at least 100%

  (by FY2027)

  Dividend payout ratio : at least 60%

  ROE target : 20% or higher

• Repurchase and cancelation of stock

  • As of June 25, 10.32 million shares had been repurchased at a cost of approximately ¥16 billion.

  • 40 million shares* were cancelled as of June 30.

Q1-3 FY2025 Summary of Consolidated Results of Operations

• Sales was up 8.2% YoY to ¥82.96 billion, operating profit was up 10.2% to ¥43.89 billion, and profit attributable to owners of parent up 10.2% to ¥30.43 billion.

• Record-high sales, operating profit, ordinary profit and profit attributable to owners of parent

(Million yen)

Net Sales and Operating Profit by Business Segment

（Million yen）

* Net sales are sales to external customers and operating profit is based on business segment earnings. Operating margins (shown % in parenthesis) are calculated by dividing segment profit by segment sales.

Q1-3 FY2025 Reasons for Change in Operating Profit (Actual)

Net sales

Increase in vehicles consigned 5.57bn

Increase in recycling 0.62bn

Increase in fee rates 0.50bn Decline in contract completion rate -0.74bn Decrease in used vehicle purchasing and selling -0.42bn

Cost of sales

Increase in depreciation -0.70bn Increase in outsourcing expenses -0.32bn Increase in purchases -0.25bn Increase in employee salaries and bonuses -0.19bn

SG&A expenses

Increase in employee salaries and bonuses -0.09bn

Increase in sales promotion expenses -0.08bn

Increase in taxes and dues -0.07bn

Increase in communication cost -0.05bn

（billion yen）

50

6.31

-1.68

-0.56

25

0

Q1-3 FY2024 Q1-3 FY2025

Consolidated Balance Sheets and Statements of Cash Flows

• The primary use of cash in financing activities was purchase of treasury shares and dividends paid.

• Equity ratio : 79.7%

  	FY2024	End of Q3 FY25
  Current assets	144,641	118,368
  Cash and deposits	113,219	91,482
  Other	31,421	26,885
  Non-current assets	122,706	127,575
  Property, plant and equipment	98,333	103,415
  Other	24,373	24,159
  Total assets	267,348	245,943

  Consolidated balance sheets (summary)

  	FY2024	End of Q3 FY25
  Current liabilities	51,151	38,033
  Payables due to member dealers at auction	30,005	17,817
  Other	21,145	20,215
  Non-current liabilities	8,842	8,156
  Total liabilities	59,993	46,189
  Total net assets	207,354	199,754
  Total liabilities and net assets	267,348	245,943

  Capital expenditures (Cash payments)	1,849	3,406	4,070	664
  Depreciation	3,405	3,370	3,724	353

  (Million yen)

  Consolidated statements of cash flows (summary)

  	Q1-3 FY23	Q1-3 FY24	Q1-3 FY25	Changes
  Net cash provided by (used in) operating activities	18,158	8,419	17,583	9,164
  Net cash provided by (used in) investing activities	-1,854	-5,206	-14,121	-8,914
  Free cash flow	16,303	3,213	3,462	249
  Net cash provided by (used in) financing activities	-28,052	-26,944	-38,200	-11,255

  (Million yen)

  
  
  Automobile Market

  New car registrations and YoY changes

  4,782

  4,517

  4,659

  4,706

  4,725

  3.1%

  -3.6%

  1.0%

  0.4%

  -5.5%

  3,397

  3,290

  3,018

  3,280

  3,004

  13.1%

  -0.5%

  -0.3%

  -6.5%

  -3.2%

  
  
  

  (Thousand vehicles) (Thousand vehicles)

  Used car registrations and YoY changes

  4,000

  40%

  6,000

  40%

  20% 20%

  2,000

  0% 3,000 0%

  0

  1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24 1-3Q FY25

  -20%

  -40%

  0

  1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24 1-3Q FY25

  -20%

  -40%

  Used car exports and YoY changes AA market: vehicles consigned and contracted and YoY changes

  1,222

  1,190

  954

  970

  1.6%

  23.7%

  -2.6%

  26.0%

  11.2%

  
  
  

  (Thousand vehicles) (Thousand vehicles)

  1,400

  700

  1,324

  50%

  25%

  0%

  7,000

  3,500

  40%

  Vehicles consigned

  Vehicles contracted

  YoY(consigned)

  YoY(contracted)

  5,857

  5,990

  5,113

  5,170

  5,596

  13.3%

  4.4%

  1.1%

  0.2%

  1.3%

  10.2%

  7.0%

  5.0%

  -1.4%

  -4.5%

  3,495

  3,502

  3,860

  3,910

  4,107

  
  
  

  20%

  0%

  -25%

  -20%

  0

  1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24 1-3Q FY25

  -50%

  0

  1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24 1-3Q FY25

  -40%

  * Vehicles consigned and contracted in Q1-3 FY21 have been revised to reflect revisions to data announced by USEDCAR Co., Ltd.

  
  
  

  9.1%

  -30%

  1-3Q FY25

  1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24

  0

  -15%

  0%

  9.8%

  9.5%

  Net sales and YoY changes

  (Million yen)

  70,000 66,017 30%

  60,125

  5.7%

  7.9%

  35,000

  15%

  50,298

  54,898

  47,593

  
  
  Auto Auction Segment (1) Overview

  	Q1-3 FY23	Q1-3 FY24	Q1-3 FY25	Year on year
  Net sales	54,898	60,125	66,017	109.8%
  Consignment fees	13,046	13,418	14,705	109.6%
  Contract completion fees	12,590	13,716	14,666	106.9%
  Successful bid fees	19,183	22,351	25,447	113.9%
  Other	10,078	10,638	11,198	105.3%
  Operating profit	34,543	39,022	43,147	110.6%
  Operating margin	62.7%	64.7%	65.1%	-

  • Sales and earnings increased mainly because of the larger number of vehicles

  consigned and contracted and higher fees resulting from an increase in the

  fee for successful bids submitted using the dedicated terminal

  Auto auction segment performance in Q1-3

  Contract completion rate

  66.3％

  (67.5% in 1-3Q FY24)

13.0%

-60%

1-3Q FY25

1-3Q FY21 1-3Q FY22 1-3Q FY23 1-3Q FY24

0

-30%

10.6%

4.8%

0%

12.3%

16.3%

25,000

30,756

30%

34,543

29,346

Operating profit and YoY changes

(Million yen)

50,000 60%

43,147

39,022

* Net sales are sales to external customers and operating profit is based on business segment earnings. Operating margins are calculated by dividing segment profit by segment sales.

Auto Auction Segment (2) Average Price of Vehicle Contracted

• The average price of vehicles contracted remains high

(Thousand yen) Monthly data : Average price of vehicle contracted

1,500

1,300

USS

Industry average (excl. USS)

1,346

1,100

900

770

700

500

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

300

2020 2021 2022 2023 2024 2025 2026

* In auto auctions in Japan, notwithstanding the vehicle contract price, consignment fees, contract completion fees and successful bid fees are fixed for each category. Therefore, commission does not fluctuate with the amount of the contracted price of a vehicle.

Auto Auction Segment (3) No. of Vehicles Consigned and Contracted, etc.

No. of vehicles consigned and contracted Contract completion rate

(Thousand vehicles)

2,588

1,998

2,100

2,298

2,326

1,715

1,308

1,364

1,434

1,571

3,000

Vehicles consigned

Vehicles contracted

80%

USS Industry average (excl. USS)

1,500

65%

0

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

50%

70.2%

69.7%

71.5%

68.2%

70.3%

65.5%

67.5%

64.9%

66.3%

62.4%

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

* The figure for "Industry average (excl. USS)" in Q1-3 FY21 has been revised to reflect revisions to data announced by USEDCAR Co., Ltd.

Market share Average price of vehicle contracted

42.8%

43.2%

40.8%

41.1%

41.4%

39.6% 39.6%

45%

(Thousand yen)

1,400

USS Industry average (excl. USS)

40%

900

1,207

1,235

1,079

1,029

890

672

494

557

557

625

35%

22.12 23.6 23.12 24.6 24.12 25.6 25.12

• Period ending in December: 12-month data; Period ending in June: 6-month data.

• The figures in this slide do not include JBA data.

400

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

* The figure for "Industry average (excl. USS)" in Q1-3 FY21 has been revised to reflect revisions to data announced by USEDCAR Co., Ltd.

Auto Auction Segment (4) Fees, etc.

Total consignment fees and consignment fee per vehicle Total contract completion fees and contract completion fee per vehicle

(Million yen)

Consignment fees Fee per vehicle (yen)

13,418

14,705

11,141

11,777

13,046

5,603

5,634

5,703

5,798

5,705

(Yen)

Contract completion fees Fee per vehicle (yen)

13,716

14,666

11,056

11,434

12,590

8,828

8,784

8,590

8,428

(Million yen) (Yen)

20,000

12,000

20,000

15,000

10,000

6,000

10,000

7,500

0 0

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

0 0

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

Total successful bid fees and successful bid fee per vehicle No. of members and off-site ratio

Successful bid fees Fee per vehicle (yen)

(Million yen) (Yen)

(Companies)

On-site auction members CIS members USS JAPAN members Off-site ratio

30,000

15,000

20,000

25,447

22,351

16,907

17,539

19,183

12,866

12,934

13,382

14,234

14,837

15,000

60,000

40,000

60%

52.9%

48,121

51.8%

48,292

52.2%

48,003

52.9%

47,905

51.7%

48,864

33,219

33,898

34,238

34,971

36,219

2,109

1,998

1,707

1,964

1,948

50%

40%

30%

0

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

10,000

5,000

20,000

0

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24 Q1-3 FY25

20%

10%

0%

• Fee per vehicle is calculated before eliminations for consolidation.

• The figures in this slide do not include JBA data.

Used Vehicle Purchasing and Selling Segment

-50%

Q1-3 FY25

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24

0

-25%

-4.6%

0%

6.2%

8.3%

5,000

15.8%

16.8%

6,543

25%

8,113

7,640

50%

8,968

Net sales and YoY changes

9,396

(Million yen)

10,000

-150%

Q1-3 FY25

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24

0

-75%

243

161

286

255

223

0%

-31.9%

300

-14.7%

14.5% 11.7%

75%

38.1%

Operating profit and YoY changes

(Million yen)

600 150%

In the Rabbit used vehicle purchasing business, sales and earnings

decreased because of a decrease in vehicles sold.

In the accident-damaged vehicle purchasing business, despite a decrease

in the average selling price, sales declined while earnings increased due to factors such as an increase in sales volume and gross profit per vehicle sold.

Used vehicle purchasing and selling segment performance in Q1-3

* Net sales are sales to external customers and operating profit is based on business segment earnings. Operating margins are calculated by dividing segment profit by segment sales.

Recycling Segment

-60%

Q1-3 FY25

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24

0

-30%

0%

9.9%

-22.3%

5,000

27.4%

6,388

5,420

30%

6,947

6,323

17.8%

8,135

60%

54.7%

(Million yen)

10,000

Net sales and YoY changes

-500%

Q1-3 FY25

Q1-3 FY21 Q1-3 FY22 Q1-3 FY23 Q1-3 FY24

0

-250%

-20.8%

-60.7%

-9.9%

0%

302

382

500

20.6%

250%

379.3%

806

500%

894

1,000

Operating profit and YoY changes

(Million yen) 972

In the resource recycling business, nonferrous metal prices trended upward, but increased depreciation expenses led to higher sales and lower earnings.

In the industrial plant recycling business, increased orders for large plant demolition projects led to higher sales and earnings.

Recycling segment performance in Q1-3

* Net sales are sales to external customers and operating profit is based on business segment earnings. Operating margins are calculated by dividing segment profit by segment sales.

FY2025

Consolidated Forecast

FY2025 Consolidated Forecast

• The fiscal year forecast has been revised to reflect Q3 performance. Favorable market conditions combined with successful sales activities leveraging our reputation as Auction sites where vehicles command premium prices resulted in both the number of vehicles consigned and the number of vehicles contracted exceeding expectations.

• Revision of vehicles handled at auctions: 3.44 million vehicles consigned (0.3% above the previous plan); 2.27 million vehicles contracted

(1.3% above the previous plan); contract completion ratio of 66.0% vs. 65.3% in the previous plan.

(Million yen)

2H FY2025 Reasons for Change in Operating Profit (Forecast)

SG&A expenses

Decrease in provision of allowance for doubtful accounts 0.09bn Increase in taxes and dues -0.23bn Increase in sales promotion expenses

-0.11bn

Increase in employee salaries and bonuses -0.09bn

(Billion yen)

30

4.35 -2.64 -0.39

15 29.29

0

2H FY2024 2H FY2025 (Forecast)

Net sales

Rise in recycling

Increase in contract completion rate Increase in fee rates Increase in CIS

Increase in the used vehicle purchasing and selling

2.37bn

0.71bn 0.60bn 0.17bn

0.15bn

Cost of sales

Increase in purchases Increase in cost of materials purchased

Increase in depreciation

Increase in outsourcing expenses

-1.37bn

-0.45bn

-0.25bn

-0.21bn

Increase in employee salaries and

bonuses -0.12bn

FY2025 Reasons for Change in Operating Profit (Forecast)

Net sales

Increase in vehicles consigned 5.02bn Rise in recycling 1.90bn

Increase in fee rates 0.93bn

Increase in auto loan 0.31bn Decrease in contract completion rate

-0.79bn

Cost of sales

Increase in purchases -1.11bn

Increase in outsourcing expenses -0.73bn

Increase in depreciation -0.51bn Increase in cost of materials purchased -0.31bn Increase in employee salaries and bonuses

-0.25bn

Increase in Maintenance and Sanitation expenses -0.18bn

SG&A expenses

Increase in taxes and dues -0.27bn Increase in sales promotion expenses -0.15bn

Increase in employee salaries

and bonuses -0.13bn

(Billion yen)

60

7.87 -3.36 -0.71

54.2

30 58.0

0

FY2024 FY2025 (Forecast)

FY2025 Forecast by Business Segment

(Million yen)

Market Overview and Strategy for Creating Value Over the Medium-term

Used Car Auction Market and USS Market Share

• Maintained higher market shares and profit in the period of sluggish markets following the financial crisis of 2008-2009.

• The medium/long-term goal is a market share of 50%.

  AA market: vehicles consigned (left axis, thousands)

  USS vehicles consigned (left axis, thousands) USS Market share

  43.2%

  39.4%

  39.6%

  Operating profit

  (right axis, million yen)

  34.7%

  31.8%

  26.8%

  21.2%

  
  
  

  (Thousands) (Million yen)

  2025 (CY) market share

  Other

  24.3%

  USS

  43.2%

  Top 6

  32.5%

  12,000 60,000

  9,000

  6,000 30,000

  3,000

  0 0

  2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024

  * Market share in 2021 has been revised to reflect revisions to data announced by USEDCAR Co., Ltd.

  
  
  Medium-to Long-Term Management Goal

• Focus resources on market share growth in the core auto auction business for higher profitability of the entire USS Group.

• Raised the ROE goal from 15% or higher to 20% or higher and the dividend payout ratio goal from at least 55% to

  Resource

  concentration for

  overall growth

  Auto Auction

  Business

  Stable profitability

  Recycling

  Business

  Growth

  ¥10.0 billion

  ¥10.0 billion

  Resource recycling

  sales in FY2027

  Industrial plant recycling sales in FY2027

  Market share 50%

Profitability

at least 60%.

Cash Allocation Policy

• Make investments needed for medium to long-term growth while raising the shareholder distribution payout ratio from 80% to 100%.

• Investments for growth of approximately ¥50 billion during the three-year period ending with FY2027

  Total for FY2025 -2027

  Earnings distributions

  About ¥120 billion

Total payout ratio: at least 100%

Actions primarily in the auto auction business:

initiatives

Investment for Growth

Auto auction business

Tokyo site: New multi-level parking structure

Two-stories, three levels; visitor parking for 2,600 vehicles

Yokohama, Kyushu and Osaka sites:

More lanes

Expanded from 4 to 6 lanes

Tokyo site: More lanes

Increased the number of lanes from 12 to 16, a first in

the automobile auction industry.

Nagoya site: More lanes

Expanded from 10 to 12 lanes

Yokohama site: Construction of a

new auction site

Attached a multi-level parking. Commencing operations in January 2026

Auto auction business

Tokyo Site (After FY2026) About 20 billion

The Tokyo Auction Site is the largest in Japan (an average of about 17,000 vehicles), and it was built 20 years ago. USS plans to build a new facility with multi-level parking structure to expand its auction capabilities

HAA Kobe Site (After FY2026) About 12 billion

Conversion to USS membership standards and fee structures following the 2017 acquisition lowered the number of vehicles consigned. Currently, the number of vehicles is recovering steadily.

USS plans to replace this auction site, which is the largest in western Japan, with a new building and

multi-level parking structure.

Auto auction operations IT system (FY2024-FY2027) About ¥5 billion

Recycling business

Resource recycling business (ARBIZ) ¥3 billion

ARBIZ plans to expand resource recycling operations to more types of materials, including a business for the direct recycling of aluminum. Plans include the start of a recycling business for solar panels as the volume of panels that need to be recycled increases significantly.

Medium-term Business Plan and Raising the ROE

• In FY2025, raised the goal for the ROE, an indicator of efficient capital use, from 15% or higher to 20% or higher.

• Plan to accomplish this goal by repurchasing stock to reduce equity while expanding business

  operations for higher earnings.

  KPI for raising the ROE and actions ROE formula/improvement measures

  Auction site renovations

  and enlargements

Business growth for

higher earnings

Net income

＝

Equity

Stock repurchases and other measures for lower equity

Earnings Distributions - Dividend Policy

• The dividend forecast for FY2025 has been increased from 51.4 yen to 51.8 yen,

  8.4 yen more than the FY2024 dividend.

• Forecasting 26 consecutive years of dividend growth since listing

  （Yen）

  50

  DPS

  Consolidated payout ratio

  344.5%

  33.1 33.75

  37.7

  43.4

  51.8

  160%

  300%

  120%

  25

  20.4

  18.85

  23.2 23.9 25.2

  27.7 27.75

  55.1%

  60.1%

  80%

  2.4%

  11.9%

  22.4%

  30.5%

  7.25

  43.1%

  8.25 8.4 9.6

  12.2

  15.375

  17.35

  45.1%

  51.5% 50.1% 67.0%

  55.0%

  55.0%

  55.0%

  40%

  0.25 1.0 1.5 2.0 2.5 3.25 4.0 5.0

  0 0%

  
  
  

  1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 （FY）

  （Forecast）

  
  
  Earnings Distributions - Stock Repurchase

• In order to further reinforce its commitment to shareholder returns, USS implemented a facility share repurchase by SMBC Nikko(Japanese ASR)

• On June 25, 2025, USS implemented the share repurchase and completed the repurchase of the anticipated number of shares, 10,325,900 shares (approx. JPY 16.0 billion)

• USS believes that the demand and supply of its shares are expected to increase as a result of the market purchase

  transaction executed by SMBC Nikko to return the number of shares it has borrowed

• On December 24, 2025, the adjustment transaction was completed. Due to the steady stock price trend, fixed-investment-amount stock acquisition rights were exercised, and 1,006,400 shares were issued from treasury stock.

Results of acquisition

*For details regarding the acquisition of treasury stock, please refer to the respective timely disclosures announced on June 24, 2025, June 25, 2025, and December 24, 2025.

Earnings Distributions - Total Payout Ratio

• Policy for shareholder distributions: Total shareholder distributions of at least 100% (from FY2025 to FY2027)

  (Million yen)

  Dividend paid Stock repurchased Total payout ratio
  
  

  240%

  
  
  

  40,000

  344.5%

  300%

  200%

  30,000

  160%

  20,000

  10,000

  0

  3.6%

  11.9% 16.7%

  33.0%

  53.8%

  117.6%

  76.8%

  111.4%

  103.5%

  45.1% 45.1%

  52.1%

  84.2%

  50.1%

  59.3%

  104.0%

  81.8%

  60.5%

  91.0%

  81.6%

  100.0%

  120%

  80%

  40%

  0%

  1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

  （FY）

  （Forecast）

  
  
  Cycle of Rising Corporate Value Driven by Business Growth and Shareholder Distributions

  • Aim at increasing shareholder value by a two-pronged strategy of solid

investments in growth and active shareholder distributions

26 years in a row

after going public Rising Stock Price

Further Increase in No. of

No.1 Market Share in No. of Vehicles Consigned

No. of Vehicles Consigned

3.20 (Million Units)

Diversification of Vehicles Consigned

Consecutive Dividend Hikes

Total payout Ratio at least 100%

Vehicles Consigned

Rising Corporate Value

Increase in No. of Vehicles

No. of Auction Members

48,160 (Companies)

Increase in No. of

Auction Members

Invigorate Auction

Contracted Contract Completion Rate

Increasing Investment for Growth

Higher Avg. Price of Vehicle Contracted

/Higer Contract Completion Rate

67.0 %

• No. of vehicles consigned, Avg. price of vehicles contracted, and contract completion rate are as of FY2024. No. of auction members is as of the end of FY2024.

• Industry's Avg. is the Avg. excluding USS.

Avg. Price of Vehicles Contracted

1.20 (JPY Million)