IDOM Inc. (7599) Stock Price

IDOM is a company primarily engaged in used car sales. The IDOM Group consists of IDOM itself and 15 subsidiaries, with its main business being the sale of used cars to consumers. In addition to used car sales, the company also sells new vehicles.

IDOM's business is divided mainly between domestic Japan and overseas operations. In Japan, IDOM operates used car sales and related businesses. The consolidated subsidiary Tokyo Mycar Sales Co., Ltd. handles used car buying and selling. Additionally, IDOM CaaS Technology operates vehicle leasing and rental services.

Furthermore, IDOM Business Support provides administrative and back-office services, while IDOM Digital Drive handles software development. Through these operations, IDOM offers not only used car sales but also a diverse range of related services.

Overseas, Gulliver USA, Inc. and Gulliver EAST, Inc. conduct used car buying and selling operations within the United States. Through these international operations, IDOM strengthens its presence in the global used car market.

IDOM operates under the corporate philosophy of "Growing Together," aiming to grow alongside its stakeholders. Since its founding in 1994, IDOM has pursued the vision of a "revolution in automotive distribution," expanding its business across Japan and overseas. To realize this vision, IDOM is strengthening its presence in the used car market and driving industry transformation.

IDOM holds approximately 6% of Japan's used car market and sees room for further expansion. As consumer resistance to used vehicles diminishes, IDOM anticipates that Japan's used car ratio may increase to levels comparable to the United States. Capitalizing on this market shift, IDOM aims to expand its used car retail market.

As part of its growth strategy, IDOM is opening large-format stores and expanding its service facilities network. This approach promotes customer repeat purchases and aims to secure customers for life. IDOM also considers improvements to existing operations and global expansion, particularly in Australia and the United States.

IDOM is strengthening human resource development and service capabilities to support business expansion. Additionally, IDOM is addressing industry changes such as EV adoption and stricter emissions regulations, placing emphasis on used car circulation. The company views these changes as opportunities for strategic decision-making.

As a medium- to long-term management policy, IDOM is expanding its business centered on used car retail operations. Prioritizing operating profit, ROIC, and free cash flow, IDOM aims to increase direct store retail sales to 170,000–190,000 units by 2027. Through this target, the company seeks to achieve sustainable growth.