FY2021 Second Quarter Cumulative Results Highlights
Net sales increased significantly due to the impact of the addition of GALLERY RARE Ltd.
FY2021 2Q Profits were significantly higher than in the same period of the previous fiscal year due to the continued growth in demand for online auctions.
Net Sales 18,611 million yen
Operating Profit 3,515 million yen
YoY +78.7%
YoY +98.8%
Ordinary Profit 3,718 million yen
Profit attributable to
Owners of Parent 2,383 million yen
YoY +106.3%
YoY +125.0%
～ The Digital Product Business and Consumer Product Business continued to drive the growth as in the first quarter. ～
Digital Product
Business
Net Sales 3,923 million yen
YoY +32.9%
Segment Income 2,230 million yen
YoY +82.3%
Increase in the sales units, and buying power by expanding the buyer network
Increase in unit price of items
Consumer Product
Business
Net Sales 6,916 million yen
YoY +1066.2%
Segment Income 649 million yen
YoY +170.2%
Increase in transactions and rising market prices due to the penetration of online auctions
Consolidation of GALLERY RARE Ltd. and improving efficiency through PMI
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Aucnet Inc. published this content on 10 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2021 06:30:09 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. 
