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We would like to express our sincere gratitude to our shareholders for your continued support and patronage.

In FY24, we continued to actively invest for future growth based on the medium-term management plan “VG1000 ver2.0.” In the retail business, we expanded our business by opening new retail stores, and in our overseas business, we carried out a scrap-and-build strategy and strengthened the development of buying offices mainly in Asia. In addition, we focused on expanding our business domein such as the automobile business.

Investments in the priority investment areas set for the four years starting in FY21 were carried out ahead of schedule, and we evaluated that we were able to implement and enhance the functions necessary for future growth. So, we will revise the medium-term management plan one year ahead of schedule. We have announced a new medium-term management plan, “To the Next Stage: For 2030 Revival Vision,” with the three-year period ending in FY27 as the period for structural reform toward FY30. Our basic policy is to implement structural reforms for improve profitability and continue to make selective investments, and we will continue to expand and strengthen the functions of our own auction platform. Additionally, we will promote our business with a focus on retail expansion in Japan and expansion of purchasing overseas.

Furthermore, in order to realize our purpose of “Circular Design for the Earth and Us,” we have reviewed our materiality in conjunction with the review of our medium-term management plan, and have established new priority themes and a vision for our group to pursue. (For details, please refer to the Sustainability page.)
We will aim to achieve sustainable growth by realizing a sustainable society and generating new revenue opportunities.

We look forward to your continued support.