BE FORWARD CO.,LTD. announced its sales and units sold for the fiscal year ending December 2025. The company recorded record-high sales of 160,946,420,000 JPY and 190,000 used cars sold. This is the first financial announcement since the fiscal year end was changed from June to December in December 2024. The Japanese economy in this fiscal year saw continued yen depreciation strongly supporting exports, but also faced challenges such as rising resource prices and logistics network disruptions due to geopolitical risks. In the used car export industry, annual export volume exceeded 1.7 million units for the first time, indicating strong demand in emerging countries and intensified price competition. In response to vessel shortages caused by the Middle East/Red Sea situation, the company strengthened relationships with shipping companies and flexibly used both RORO and container ships, ensuring stable shipments and suppressing inventory stagnation. To address rising domestic auction prices due to the yen's depreciation, the company focused on selecting and purchasing high-profit inventory and prioritized supply to Southeast African countries, Caribbean nations, and the UAE, contributing to improved profitability. The company was founded on March 10, 2004, with a capital of 50,000,000 JPY. Its business includes the sale and import/export of used cars and auto parts, EC site operation, and freight forwarding.
FACT BOX
- Source: PR TIMES
- Category: financial