USS Co., Ltd. : Preliminary auction data for December 2013
January 06, 2014 at 07:16 am EST
By
Share
The number of auctions held in December 2013 at each of the four auction sites, including Nagoya, Osaka increased by one auction, and decreased one auction at the Kyushu site compared to the same month in the previous fiscal year because of calendar factors.
As a result, number of consigned vehicles was up 17.9% (YoY), number of contract completions was up 18.1% (YoY), and contract completion rate was 65.4%.
»Monthly Used Car Auction Data
Number of auctions
Number of consigned vehicles
Number of contract completions
Contract completion rate
Average price of vehicles contracted
(thousand yen)
Current FY
Previous FY
Current FY
Previous FY
Changes
Current FY
Previous FY
Changes
Current FY
Previous FY
Current FY
Previous FY
Changes
Apr.
66
65
210,673
226,176
93.1%
132,619
123,375
107.5%
63.0%
54.5%
555
521
106.4%
May
58
55
169,208
175,567
96.4%
116,364
104,202
111.7%
68.8%
59.4%
630
566
111.3%
Jun.
68
72
177,966
195,032
91.2%
120,690
117,187
103.0%
67.8%
60.1%
629
565
111.3%
Jul.
71
66
178,045
179,372
99.3%
121,819
112,650
108.1%
68.4%
62.8%
626
578
108.3%
Aug.
57
58
161,830
156,301
103.5%
109,824
99,623
110.2%
67.9%
63.7%
633
585
108.2%
Sep.
65
68
183,512
187,172
98.0%
124,352
121,600
102.3%
67.8%
65.0%
634
594
106.7%
Oct.
71
71
211,744
183,316
115.5%
139,285
118,831
117.2%
65.8%
64.8%
629
585
107.4%
Nov.
72
69
207,958
184,820
112.5%
134,837
121,237
111.2%
64.8%
65.6%
614
626
98.1%
Dec.
63
60
165,509
140,329
117.9%
108,286
91,679
118.1%
65.4%
65.3%
591
567
104.2%
Total
591
584
1,666,445
1,628,085
102.4%
1,108,076
1,010,384
109.7%
66.5%
62.1%
615
577
106.7%
Note: Amounts less than the units shown are discarded but percentages are rounded to the hundredths place.
»Year on year comparison (calendar factor adjusted)
After adjustment for the calendar factors, the result of auctions at the USS Group in the period of December 2013 compared with corresponding period of previous year (December 2, 2012 to January 1, 2013) was as follows.
Please note that number of auctions held at Nagoya, Osaka, Shizuoka, Gunma, Okayama, Saitama and Hokuriku increased by one auction compared to the previous year because of the year-end auction.
USS Co Ltd is a Japan-based company mainly engaged in the auto auctions business. The Company operates in two business segments. The Auto Auction segment is engaged in the operation of auto auctions with used car dealers as members, the management of motorcycle auctions with used motorcycle dealers as members, the provision of auto auction connection services by satellite TV line and Internet, the provision of used car information services, the land transportation agency of exhibited cars and successful cars of auto auction, as well as the provision of financial services for auto auction members. The Used Automobile Purchase and Sale segment is engaged in the purchase and sale of used cars and accident-affected vehicles. The other business is engaged in the recycling of used vehicles, the provision of agency services for used vehicles, the sale of solar power generation systems and rental cars, as well as production and sale of recycled plastics.