OPTIMUS GROUP COMPANY LIMITED
9268・Standard Market・Wholesale Trade
Import & Export
An upstream value-chain segment responsible for the export and sale of used vehicles from Japan to Oceania and other regions
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (full year, FY2025 (ending March 2025)) | ¥43,182 million | ¥55,611 million | ↓ |
| Segment profit (full year, FY2025 (ending March 2025)) | ¥723 million | ¥2,161 million | ↓ |
| Nichibou Co., Ltd. export sales volume (full year, FY2025 (ending March 2025)) | 42,015 units | 65,037 units | ↓ |
| Nichibou Co., Ltd. export sales volume (cumulative 9 months, FY2026 (ending March 2026)) | 34,478 units | 32,594 units (estimated, same period prior year) | ↑ |
| Segment profit (cumulative 9 months, FY2026 (ending March 2026)) | ¥475 million | ¥703 million | ↓ |
Business Details
The core subsidiary, Nichibou Co., Ltd., purchases used vehicles from Japanese auto auctions and sells them mainly to local dealers in New Zealand through consulting-style sales activities. A key feature is the low-inventory-risk model, which eliminates, to the extent possible, inventory for which a buyer has not yet been determined. In addition to New Zealand, the company also exports to new markets such as Europe. Its affiliate, Global Carz Pty Ltd, also handles exports to Australia.
Recent Overview
Cumulative 9-month sales volume rose 5.7% year on year to 34,478 units, though hail-related costs weighed on profit
In the cumulative nine months of FY2026 (ending March 2026) (April-December 2025), Nichibou Co., Ltd.'s export sales volume increased 5.7% year on year to 34,478 units. While overall import volumes in the mainstay New Zealand market continued to trend downward, the company increased export volumes to Europe through the development of new markets and new customers. On the other hand, segment profit was limited to ¥475 million (down 32.4% year on year) due to costs incurred in response to hail damage that occurred just before the end of the previous fiscal year. Note that the hail-related response costs were covered by insurance income recorded as non-operating income. For the full year (FY2025, ending March 2025), sales volume fell sharply by 35.4% year on year to 42,015 units amid a sharp contraction in the New Zealand market, with revenue of ¥43,182 million (down 22.4% year on year) and segment profit of ¥723 million (down 66.5%), resulting in a significant decline in both revenue and profit.
Key Products
Growth Drivers
- Recovery in used vehicle demand expected from the relaxation of New Zealand's Clean Car Standard (CCS) effective January 1, 2026
- Diversification of export volume through development of new markets and new customers such as Europe
- Expected demand recovery in the New Zealand market driven by phased interest rate cuts and a rebound in personal consumption
- Earnings stability from the low-inventory-risk model
Risks
- Risk of continued weakness in the New Zealand used vehicle import market (dependent on trends in environmental regulations such as CCS)
- Risk of deteriorating export profitability due to a stronger yen
- Concentration risk in the mainstay market (high dependence on New Zealand)
- Risk of sudden cost increases from natural disasters such as hail damage
- Uncertainty over the global economy due to geopolitical risk and the indirect impact of US tariff policy
Last updated: June 24, 2026