TRUST CO., LTD. (E02977) Stock Price

Trust operates three main business segments. First, in the used car export business, Trust primarily sells used cars to overseas individual customers through the internet. Trust itself mainly handles this business.

Second, in the car rental business, the company provides car rental and automobile leasing services nationwide. This business is primarily operated by consolidated subsidiaries including J-net Rentlease Co., Ltd. and J-net Rental Car Hokkaido Co., Ltd.

Third, in the overseas automobile dealer business, Trust operates automobile dealerships in the Republic of South Africa, selling new and used vehicles and providing automobile repair services. This business is handled by consolidated subsidiaries such as TRUST ABSOLUT AUTO (PROPRIETARY) LIMITED and SKY ABSOLUT AUTO (PROPRIETARY) LIMITED.

Trust is a group company of VT Holdings Co., Ltd., which operates with automobile sales-related business as its core. Trust plays a role in selling used cars with limited domestic sales demand to overseas markets. VT Holdings owns 72.20% of Trust's voting rights.

Trust operates its business under the management philosophy "CLOSER TO YOU For Our Customers," building operations on the foundation of trust, responsibility, usefulness, satisfaction, and gratitude. The company aims to provide high-quality services and products while building trust with customers and society.

The company pursues growth through three main business segments: used car export, car rental, and overseas automotive dealership operations. In the used car export business, it seeks to expand sales through enhanced customer service and partnerships with companies that have different sales channels.

In the car rental business, the company focuses on acquiring individual customers and expanding its store network. It strengthens its presence through prime locations such as near train stations and enhanced advertising strategies to improve vehicle utilization rates. The company also implements accident prevention measures to secure stable profitability.

In the overseas automotive dealership business, the company enhances profitability through selective focus and expands into new locations in regions with anticipated demand. It aims to secure stable earnings by improving profitability in used car sales and service divisions.

Trust prioritizes accounts receivable collection and inventory management strengthening while addressing geopolitical risks to enhance corporate value. The company emphasizes market share ratio as a growth indicator and operating profit margin on sales as a profitability indicator.