Consolidated Results Summary: The ongoing challenging new car sales environment; revised earnings outlook is clear

FY Earnings Presentation

This earnings presentation organizes the outlook for the 2026 consolidated results while clarifying sales trends and cost factors under a challenging market environment. The full-year 2026 revenue is described as up 20.2% year over year, while the company outlines its plan to improve operating and net income through strategic initiatives including future M&A and store-network strengthening. Segment-wise, the recovery of used car and imported car dealer businesses is expected to be limited, with structural changes in the stock business and imported-car dealer business affecting profits.

Impact on shareholders / Outlook

Key points for this period are to pursue growth in consolidated net sales while simultaneously improving profitability. In particular, contributions from M&A and expansion of the store group are expected to lift revenue, while cost of goods, selling, general and administrative expenses will be optimized to drive earnings improvements from Q4 onward. In the medium to long term, focus areas include strengthening the market position of the core brand and improving profitability in the imported car dealer business.