FAQ

Our company founded on June 29, 1985.

On this day, we held the world's first used car TV auction(※1).

In 1985, when the word “Internet” did not even exist, we created an auction that allowed the distribution of information without moving either goods or people.

 

(※1　Used vehicle real-time, members-only online auctions run by Aucnet)

For an overview of our company, please refer to “Company Overview".

It comes from the auction network.

We have established a sustainability policy called “Circulation Engine: Circulating Valuable Goods on a Global Scale” and are developing our business based on the concept of “circular distribution,” which circulates all “valuable goods” to “those who need them.”

For details of our business, please refer to “Segment Information.”

Our philosophy is "Authenticism".

We have been constantly pursuing the question “What is authentic service?” and exploring services to make transactions more efficient and secure for our partners.

We will use the power of information to create circular markets for a wide variety of business areas in order to deliver “all kinds of valuable goods to people who need them".

In our medium-term management plan formulated in 2022,
we have established a management policy of "Aiming to accelerate sustainable growth based on stable business foundations and further expand the management base for the next stage".

For more information, please refer to the "Medium-Term Management Plan".

In our medium-term management plan formulated in 2022, we have set the following numerical targets: GCV of 1 trillion yen, EBITDA of 10 billion yen, ROE of 20%, and payout ratio of 30%.

For more information, please refer to the “Medium-Term Management Plan".

We returns profits to our shareholders in order to achieve a payout ratio target of 30%.

For more information, please refer to the "Dividend".

It is December 31st.

Please refer to the latest IR materials on the “For Investors” page or various materials in the "IR Library" for the latest financial results

Please refer to “Main Financial Indicators” and “Cash Flows” for the most recent financial situation.

Please refer to “Earnings Forecast” and “Earnigs Report” for our result forecasts.

Please refer to “IR Calendar” for our IR-related schedules.

Please refer to the “Segment Information” for more information on the financial results of each segment.

 It was on March 29th, 2017

Our security code is 3964.

We have adopted a share unit system whereby one unit consists of 100 shares of common stock.

Please refer to “Basic Stock Information” to see other stock related information.

Our company aims for a dividend payout ratio of 30%, and pays dividends twice a year, at the end of the first half and the end of the fiscal year.

For more information, please refer to “Dividend”.

Shareholder Benefits

1. Beneficial Shareholder

Beneficial shareholders are the ones who have more than 1 unit (100 shares) of Aucnet’s shares and have been written and recorded on the shareholders’ list as of December 31st each year. (Once a year)

 

 

2. Shareholder Benefits

Number of Shares	Holding Period of Shares	Shareholder Benefits
More than 1 unit (100 shares)	Less than 1 year	A QUO card of JPY 1,000
More than 1 unit (100 shares)	More than 1 year	QUO cards of JPY 2,000

 ※A QUO card: a prepaid card that you can use in certain shops in Japan

 

[Cautions] 
The shareholder with holding period of more than 1 year means, the shareholder who have been written and recorded in the shareholders’ list with the same shareholder number over the last 1 year including the base date which is December 31st in each year.

In Aucnet, shareholders are confirmed in each quarter. Therefore, the shareholders are required to hold more than 1 unit (100 shares) of Aucnet’s shares and to be written and recorded on the shareholders’ lists with the same shareholder number at every timing of the most recent 1 year (March 31st, June 30th, September 30th, December 31st (and the time of special confirmations if any).

If the shareholders use a lending stock service of a securities company, the ownership of the shares lent will be transferred to the borrower and shareholder number will be changed when the ownership of the shares is transferred back to the original shareholders, and it will not considered as the continuous shareholding.

Also, in a case that the shareholder number is changed because of the situation such as inheritance, the past period of shareholding will not be counted, and start counting from the base date after a new shareholder number is issued.

 

 

3. Timing

The shareholders benefit is scheduled to be sent with the notice of annual general shareholders' meeting held in March.