AUCNET INC.【JP:3964】Stock Price

Aucnet is a circular market design company operating diverse business segments. Its main businesses include online auctions and distribution-related services for used cars, used digital devices, branded goods, flowers, used motorcycles, and used medical equipment. These operations are run by Aucnet and its affiliated companies.

Aucnet's business is divided into two segments: "Lifestyle Products" and "Mobility & Energy." The Lifestyle Products segment integrates digital products and fashion resale businesses, conducting auctions for smartphones, tablets, used PCs, and branded goods. Revenue is generated through auction commissions and membership fees.

The Mobility & Energy segment integrates automobile and motorcycle businesses, providing online auctions for used cars and used motorcycles. Aucnet operates an online system that allows members to trade without visiting auction venues in person, generating revenue through membership fees and auction commissions. The company also operates vehicle inspection services and a rental motorcycle business.

As additional operations, Aucnet handles flower auctions, circular commerce business, and overseas operations. These businesses serve as important components supporting Aucnet's diverse business models.

Auknet is guided by the philosophy of "authenticity" and aims to advance the industry and improve society. Under this philosophy, the company leverages its core competencies—operational expertise, information reliability, optimal systems, and membership-based networks—to actively expand its business domestically and internationally.

The company has established its medium-term management plan "Blue Print 2027," which aims to create a circular economy future. Under this plan, Auknet is leveraging its stable business foundation to accelerate sustainable growth while strengthening its management platform for the next stage.

Auknet has set a long-term target of 1 trillion yen in GCV (Gross Circulation Value). This metric reflects the company's vision to expand the reuse market and circular distribution, leveraging its position as an SDGs-focused company while monitoring its economic and environmental impact.

As a medium-term quantitative target, Auknet aims for 100 billion yen in EBITDA. In the Lifestyle Products segment, the company is pursuing growth through expansion of digital products and improved efficiency in fashion resale operations. In the Mobility & Energy segment, Auknet is expanding used vehicle auctions and promoting EV battery repurposing.

Additionally, Auknet is strengthening investments in M&A and human capital to contribute to its EBITDA target. The company also aims to maintain ROE of 15–20%, achieving growth through capital-conscious strategic investments and enhancing sustainable corporate value.

Regarding dividend policy, Auknet maintains a consolidated dividend payout ratio of 40% or higher as its basic principle. While securing retained earnings, the company distributes dividends twice annually—interim and year-end dividends—to support future business development and strengthen its financial position.