The Aucnet Group consists of three segments: “Lifestyle Products Segment”, “Mobility & Energy Segment”, and “Others”.
From the first quarter of the period under review, we have changed our business segments with the aim of reorganizing our portfolio to better match the Company’s business strategy. The previous “Digital Product Business” and “Fashion Resale Business” (previously “Consumer Product Business”) have been integrated into the “Lifestyle Product” segment. The previous “Automobile Business” and “Motorcycle Business” that was previously included in “Others” have also been integrated into the “Mobility & Energy” segment.
※ Note: Sales in each segment exclude inter-segment internal revenue and transfers.
The Lifestyle Product segment comprises the Digital Product Business and Fashion Resale Business, which have been growing rapidly and stably.
Overseas development and expansion and promotion of the services are areas of our urgent focus, and we are aiming to further expand business opportunities in categories closer to consumers by leveraging the strategic nature and expertise of both divisions.
The Digital Product Business provides auctions for used digital products, including used smartphones and used PCs, and services pertaining to distribution, including those targeting consumers.
The Fashion Resale Business provides auctions primarily for pre-owned luxury brand items such as bags, watches, precious metals, and clothing, as well as services pertaining to distribution, including those targeting consumers.
The Mobility & Energy segment comprises the Automobile Business and Motorcycle Business. By leveraging the business expertise gained in both businesses to date, we are working on to strategically enhance our ability to respond to various changes surrounding our traditional business areas and aiming to contribute to the realization of a sustainable and efficient society through the new businesses in the next generation mobility field including technological innovations such as autonomous driving, EVs and fuel-cell vehicles and accelerating EV energy revolutions.
The Automobile Business and Motorcycle Business provide used vehicle auctions, shared inventory market, live relay broadcast auctions, used motorcycle auctions, proxy bidding service, rental service, and subscription service targeting individuals, used vehicle inspection service by AIS INC., and other services.
The Others segment comprises auctions for flowers, circular commerce businesses and overseas businesses.
