Medium-Term Business Plan
The Company released Medium-Term Business Plan 2023-2027 on Friday, 4/15/2022.
The document can be viewed below.
Medium-TermBusiness Plan 2023–2027
Growth Strategies
There are two growth strategies.
Open large stores emphasizing capital efficiency, and start a maintenance
business.
Large stores
・Large stores achieved a lot during the transition period. We will open large
stores to increase retail unit sales steadily and expand market share.
・We will accelerate store openings without focusing on the number of stores
while assessing the capital efficiency of existing stores.
Maintenance business
1. The Japanese automobile maintenance market is a 5.4 trillion yen market. Like
the used car market, it is a huge market.
2. We can connect the maintenance business to the retail used car business in a
cycle of transactions.
3. We will significantly enhance cost efficiency simply by shifting outsourced
operations to in-house operations.
4. We believe that now is the time to invest in the latest equipment under the
new law and start this new business.
We have decided to enter the maintenance business for the above four reasons.
Shareholder Returns
Focus on dividends
Performance-linked dividend policy
Previous fiscal year’s profit attributable to owners of parent × 30%