FY2021 Third Quarter Results Consolidated Cumulative Financial Results
Both sales and profit increased, although the strong trend until the second quarter has settled down.
Net sales increased significantly due to the impact of the addition of GALLERY RARE Ltd. ("GALLERY RARE") to the scope of consolidation in October 2020.
FY2021 Third Quarter Results Highlights (Non-Cumulative 3 Month Results)
• Net sales increased significantly due to the impact of the addition of GALLERY RARE.
FY2021
• Both sales and profit of the Digital Product Business and the Consumer Product Business increased year on
3Q
year, although they were lower than the second quarter results as expected.
• GRAND BOUQUET OTAKI LIMITED ("GRAND BOUQUET OTAKI") was consolidated from this third quarter.
Net Sales 8,651 million yen
Operating Profit 1,281 million yen
YoY +61.8%
YoY +29.2%
Ordinary Profit 1,294 million yen
Profit attributable to 666 million yen
Owners of Parent
YoY +37.2%
YoY +18.9%
The Digital Product Business and the Consumer Product Business continuously drove the growth, although the trend in the first half of the year has settled down. ～
Digital Product
Net Sales 1,429 million yen
YoY +7.5%
Business
Segment Income 779 million yen
YoY +33.7%
In addition to a slight increase in the number of sales units, profit increased due to increased buying power and sustained high unit prices.
At the end of October, the decision to suspend the current business in Texas was made.
Consumer Product
Net Sales 3,534 million yen
➢ Rising market prices due to the penetration of online auctions
Business
YoY +845.1%
Segment Income 271 million yen
➢ Consolidation of GALLERY RARE and improving efficiency through
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Aucnet Inc. published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 06:12:13 UTC.
AUCNET INC. is a Japan-based company mainly engaged in the automobile business and digital products business. The Company operates through three business segments. The Automobile segment is engaged in the provision of used car television (TV) auctions, shared inventory markets, live broadcast auctions, bid agency services, and vehicle inspection services. The Digital Products segment is engaged in the provision of auction and distribution related services for used smartphones and used personal computers (PCs) and other used digital devices. The Other Information Distribution segment is engaged in the provision of auction and distribution related services for branded products, used motorcycles, cut flowers and pots. It is also engaged in the development and provision of systems, the provision of communication, operation and maintenance services, the business related with used medical equipment, and overseas business.
AUCNET INC. 
