Ledax Co., Ltd.【JP:7602】Stock Price

The company operates an automotive distribution business, primarily engaged in purchasing, selling, and exporting used vehicles, as well as selling automotive parts. In this business, the company generates revenue by purchasing used vehicles from consumers and businesses, then selling them domestically and internationally. The company also sells automotive parts to meet a wide range of customer needs.

Additionally, the company operates a leaseback-related business. In this business, the company sells vehicles through special purpose entities and then operates them through leaseback arrangements. This approach aims to efficiently utilize assets and secure stable revenue streams. Through these operations, the company provides diversified automotive-related services.

Redax Corporation changed its corporate name in September 2024 and is pursuing diversification and acceleration of its business segments. As a growth strategy, the company is actively promoting investment, finance, real estate, and M&A consulting operations. Through these initiatives, the company aims to enhance corporate value and shareholder value while pursuing customer satisfaction.

The company has set targets for increased revenue and operating profit, aiming for stable growth. In the medium to long term, the company is strengthening relationships with customers through enhanced after-sales services and promoting a direct sales model for purchased vehicles. The company is also focusing on expanding commercial vehicle transactions and strengthening its used vehicle export business.

As a priority, the company upholds a customer-first philosophy and is developing ancillary services. Additionally, the company is expanding its store network and strengthening collaboration with Curtis Club members to increase B2B transactions. The company also places importance on expanding its overseas business strategy and building a global distribution network.

The company emphasizes strengthening its corporate governance framework and has adopted a company with nomination committee structure. The internal audit department and audit committee work in coordination to establish a governance system that achieves high standards. This ensures regulatory compliance and management transparency.