Premium Group Co., Ltd
7199・Prime Market・Other Financing Business
Business
Premier Group is a holding company operating three businesses centered on used car dealers and repair shops as its main customers: Auto Credit (Finance Business), warranty services (Warranty Business), and integrated services for automobile dealers and repair shops (Automobility Service Business). The group comprises 16 consolidated subsidiaries and 7 equity-method affiliates and others, and has built an automobile distribution ecosystem in Japan centered on a paid membership organization through "Car Premia Club." The company is also expanding overseas into Thailand, Indonesia, and the Philippines, with operating revenue reaching ¥44,042 million in FY2026 (ending March 2026). Leveraging its strength as an independent company not affiliated with any bank group, it employs an efficient sales model in which a single sales representative provides multiple services.
Business Model
In the Finance Business, the company offers Auto Credit in two forms—the Advance Payment Method and the Affiliated Loan Method—and generates stable fee income through the accumulation of credit receivables balances (¥887,104 million at the end of FY2026 (ending March 2026)). The Warranty Business is a stock-type business that records warranty premiums as unearned revenue and recognizes them as income on a pro-rata basis over the warranty period. The Automobility Service Business offers a combination of membership fee income, software sales, parts sales, subscriptions, and other services. The structure maximizes customer LTV through cross-selling by capturing paying members of Car Premia Club (4,918 automobile dealers and 1,025 repair shops).
Company Strengths
As an independent company not affiliated with a bank group, it can provide Auto Credit, Warranty, and Mobility Services to the same member store without regulatory constraints. By having the same sales representative sell multiple products in parallel, the company suppresses sales costs relative to competitors and realizes a structure that enhances profitability. The operating profit margin for FY2026 (ending March 2026) reaches approximately 19.1%.
The cumulative number of Warranty contracts from April 2010 to March 2026 exceeded 2.2 million vehicles, accumulating actual data on mileage, elapsed years, and repair content. This data enables appropriate product design and pricing, and combined with a repair review system staffed by certified mechanics at the call center, enhances the precision of cost management.
The number of paid member automobile dealerships expanded from 1,525 companies in FY2022 (ending March 2022) to 4,918 companies in FY2026 (ending March 2026), and paid member repair shops expanded from 251 stores to 1,025 stores. Through member-exclusive services, cross-selling, and guidance to intra-group repair intake, the company has built an ecosystem that simultaneously improves member LTV and utilization rates across each business.
ENVALITH's Perspective
Performance Trend
Operating revenue expanded roughly 2.1-fold over five periods, from ¥21,104 million in FY2022 (ending March 2022) to ¥44,042 million in FY2026 (ending March 2026). In FY2026 (ending March 2026), revenue rose 21.0% year on year, marking an acceleration in growth. The operating margin improved to 19.1% (18.7% in the prior period). The resolution of system failure response costs incurred in the prior period and an improvement in the delinquent receivables ratio contributed to the acceleration in profit. As an external factor, rising market interest rates pushed up interest expenses, while the resilient trend in used vehicle registrations (up 0.4% year on year) supported the business environment. For FY2027 (ending March 2027), the company forecasts operating revenue of ¥51,000 million and profit attributable to owners of parent of ¥6,900 million, and expects the trend of higher revenue and higher profit to continue.
Growth Strategy
New Mid-Term Plan "Change & Prove 2030" aims to complete the Automobility Ecosystem and establish the Car Premia Economic Zone
The Company continues to promote paid membership for automobile dealers and repair shops, expanding transaction touchpoints across Finance, Warranty, and Automobility Service. Under a structure where membership growth boosts both credit transaction volume and warranty transaction volume, revenue increased across all segments in FY2026 (ending March 2026).
In-house developed proprietary warranties grew significantly by 34.8% year-on-year in FY2026 (ending March 2026), advancing the shift toward a more profitable product mix. The Company continues to pursue cost reduction measures through directing repairs to the Group's maintenance network and utilizing recycled parts, achieving operating profit of ¥1,334 million in the Warranty Business (up 18.9% year-on-year).
The Company has implemented expense reduction measures such as systematization of various business processes through DX promotion, keeping the FY2026 (ending March 2026) operating expense growth rate (up 20.4%) within the operating revenue growth rate (up 21.0%). Under the new mid-term plan, the Company will promote an IT and data strategy premised on AI utilization, accelerating operational efficiency and new service development.
In addition to establishing infrastructure for business operators, the new mid-term plan newly puts forward a strategy to attract end users into the economic zone through brand investment and other means. The Company aims to evolve into a platformer indispensable to both users and mobility operators, seeking to maximize corporate value over the medium to long term.
The Company continues its Southeast Asia expansion starting from the Kingdom of Thailand, with equity-method investment profit expanding roughly fivefold to ¥114 million in FY2026 (ending March 2026), up from ¥22 million in the previous fiscal year. Expansion into Indonesia and the Philippines is also underway, with overseas operations emerging as a new pillar of profit contribution.
Last updated: July 19, 2026