ENVALITH
株式会社オートウェーブ logo

AUTOWAVE CO.,LTD.

2666Standard MarketRetail Trade

株式会社オートウェーブ logo
AUTOWAVE CO.,LTD.2666

Automobile-related Business

A comprehensive car dealership business centered on new and used car sales and vehicle inspection/maintenance (the core segment, accounting for approximately 68% of revenue)

PeriodCurrentPreviousChange
Segment Revenue (FY2026 (ending March 2026))¥6,649 million¥6,213 million
Segment Profit (FY2026 (ending March 2026))¥536 million¥533 million
Segment Assets (FY2026 (ending March 2026))¥5,967 million¥5,956 million
Depreciation (FY2026 (ending March 2026))¥158 million¥166 million
Segment Revenue Share (FY2026 (ending March 2026))approx. 67.6%approx. 70.1%

Business Details

A comprehensive car dealership business centered on new and used car sales/purchase, vehicle inspection and maintenance, and sales of automobile accessories and parts. Under the mission of "eliminating accident-damaged and broken-down vehicles," the business promotes improvements in maintenance quality and safety inspection services. At the core of its strategy is the lifetime customer conversion of car-life demand, from creating customer touchpoints via vehicle inspections to accessory sales and vehicle trade-in proposals. The business is also strengthening digital customer engagement through its official app, myCAR Karte.

Recent Overview

Achieved 7.0% revenue growth and 0.6% profit growth, with app membership and bookings also increasing

In FY2026 (ending March 2026), the Automobile-related Business achieved revenue of ¥6,649 million (up 7.0% year on year) and segment profit of ¥536 million (up 0.6% year on year), recording growth in both revenue and profit. The number of app members and service bookings for the official app myCAR Karte increased steadily, contributing to increased store visits and a stronger earnings base. Meanwhile, the Automobile-related Business recorded an impairment loss of ¥14 million as an extraordinary loss associated with the demolition of an aging building. Due to the rapid growth of the Gyomu Super Business, the segment's share of consolidated revenue declined from approximately 70% in the prior period to approximately 68%.

Key Products

service
New and Used Car Sales & Purchase

The business proposes vehicle trade-ins based on vehicle condition, deploying a cross-sell strategy that connects customer touchpoints originating from vehicle inspection and maintenance to vehicle sales, aiming to capture upstream automobile-related demand.

service
Vehicle Inspection & Maintenance Service

Vehicle inspection and maintenance is positioned as the starting point for customer acquisition, creating ongoing customer touchpoints through regular maintenance such as oil changes and battery replacements. This is also leveraged for cross-selling accessories such as tires.

product
Automobile Accessories & Parts Sales

The business model is shifting from the traditional core business of car accessory retail toward accessory sales following customer acquisition via vehicle inspection and maintenance. This is positioned as part of the effort to build lifetime customers across the entire car-life journey.

platform
myCAR Karte (Official App)

The app allows users to check a wide range of maintenance history, including oil changes, battery replacements, vehicle inspections, and body coating, and to make service bookings through the app. In FY2026 (ending March 2026), the number of app members and service bookings grew, contributing to increased store visits and a stronger earnings base.

Growth Drivers

  • Growth in app membership and service bookings via the official app myCAR Karte, driving increased store visits
  • Cross-sell strategy from creating customer touchpoints via vehicle inspection to accessory sales and vehicle trade-in proposals
  • Capturing upstream automobile-related demand through strengthened new and used car sales
  • Improved customer satisfaction and lifetime customer conversion through enhanced maintenance quality and safety inspection services
  • Improved profitability through effective utilization of idle space

Risks

  • Continuation of the market contraction trend driven by consumers' thrift-oriented mindset and young people's declining interest in cars
  • Downward pressure on personal consumption from price increases driven by rising raw material costs and yen depreciation
  • Concerns over declining segment profit margin due to increased SG&A expenses associated with future growth investments (operating profit is projected to decline 17.6% in FY2027 (ending March 2027))
  • Heightened uncertainty in the global economy due to factors such as US tariff policy
  • Risk of recording impairment losses and other extraordinary losses associated with the renewal of aging facilities (¥14 million recorded in FY2026 (ending March 2026))

Last updated: June 26, 2026