Oaknet <3964> primarily operates in the lifestyle products sector, which handles auctions and distribution of used digital devices and luxury goods, and also conducts used car and motorcycle auctions. The segments consist of the lifestyle products segment, which includes the digital products business and the fashion resale business (68.2% of revenue as of the third quarter of the fiscal year ending December 2024), and the mobility & energy segment, which is made up of the automobile business and the motorcycle business (26.9% at the same time). Other businesses include agricultural initiatives and circular commerce, reflecting diversification.

In the digital products business within the lifestyle products segment, services related to auctions and distribution for used digital devices like used smart phones and used PCs, including consumer-facing services, are developed and are considered the main service. Efforts are being made to strengthen the network of overseas buyers, with memberships exceeding 1,700 companies as of the end of December 2023. Additionally, the fashion resale business provides services related to auctions of predominantly luxury goods such as bags, watches, precious metals, and clothing, targeting both B2B and B2C segments. The B2B segment boasts a robust membership network built over many years totaling 4,800 members, while in the B2C segment, there are 11 stores mainly located in Tokyo and Osaka. Focus is placed not only on physical stores but also on e-commerce sites. Furthermore, a buying and selling service for luxury goods called 'Brandia' has been launched, surpassing 4 million cumulative users of the purchasing service.

In the automobile business within the mobility & energy segment, auctions for used cars are conducted in-house and in collaboration with other venues, along with vehicle inspection services being offered. The motorcycle business engages in activities such as used motorcycle auctions, shared inventory markets, and rental services.

For the cumulative revenue for the third quarter of the fiscal year ending December 2024, total revenue reached 40,443 million yen, up 25.4% year-on-year, with operating profit recorded at 5,610 million yen, reflecting a 3.4% increase. Both the lifestyle products segment and the mobility & energy segment performed well. Specifically, in the digital products business, the increase in transaction volume driven by expanding dealings and collaboration with domestic suppliers, together with the impact of the yen's depreciation, led to a rise in transaction amounts. The fashion resale business, although experiencing weak market trends in the B2B sector, showed good performance due to an increase in memberships and listing counts. In the automobile business, there was an increase in successful bids due to the enhancement of the shared inventory market and bidding agent service. The motorcycle business seems to have performed well driven by promoting auction participation from export member companies. Total revenue for the fiscal year is expected to be 58,000 million yen, a 33.9% increase from the previous term, while operating profit is projected to reach 7,000 million yen, a 5.1% increase.

As an SDGs company, the firm aims to solve distribution challenges through the power of information and aspire to be a company chosen and appreciated by customers around the world. The mid-term management plan has also been disclosed, targeting a GCV of 1 trillion yen, EBITDA of 10 billion yen, ROE of 20%, and a dividend payout ratio of 30% by 2025. Under a stable business foundation, it seeks to accelerate sustainable growth and has secured an investment budget of 10 billion yen for M&A initiatives. In February 2024, two contracts related to M&A were concluded (with an investment amount of approximately 4.5 billion yen), while continued focus is placed on selecting candidate companies. Additionally, within the lifestyle products segment, there are plans to strengthen domestic platforms, enhance and expand B2C businesses, and promote global business initiatives. In the mobility & energy segment, efforts are also underway to enhance the existing distribution system for used cars and motorcycles while expanding into new business areas. As a point of transition from 'auction operator' to 'provider of circular economy infrastructure', future trends should be monitored.