Industry map/Automotive & Machinery
Car Dealers & Used Cars industry map
Who earns the money in Car Dealers & Used Cars, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 36 companies · ¥3.58T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥3.58T
- Companies
- 36
- Avg. salary（parent only）
- ¥6M
- Industry weather
- Sunny
YoY +8.2%
Avg. age 41.7
Operating income +4.9%
Nextage[3186]
- Revenue
- ¥652.1B▲18.0%
- Operating income
- ¥19.6B▲51.4%
Margin 3.0%
Avg. salary ¥5.3M · 30.4（parent only）
Itochu Enex[8133]
Car life division
- Revenue
- ¥584.7B▼7.2%
- Operating income
- ¥9.85B▼14.1%
Margin 1.7%
Whole company: Revenue ¥851.2B · Net income ¥16.1B
Avg. salary ¥10M · 41.3（parent only）
Idom[7599]
- Revenue
- ¥562.8B▲13.3%
- Operating income
- ¥20.2B▲1.6%
Margin 3.6%
Avg. salary ¥5.6M · 34.3（parent only）
VT Holdings[7593]
Car Business
- Revenue
- ¥357B▲10.3%
- Operating income
- ¥8.01B▼8.3%
Margin 2.2%
Whole company: Revenue ¥388.7B · Net income ¥4.9B
Avg. salary ¥6.5M · 38.3（parent only）
Optimus Group[9268]
CarRetail Wholesale + 2 more
- Revenue
- ¥278.4B▲17.9%
- Operating income
- ¥7.08B▼5.0%
Margin 2.5%
Whole company: Revenue ¥315.5B · Net income ¥2.47B
Avg. salary ¥10.5M · 50.6（parent only）
KU Holdings[9856]
Imported Car Dealer + 1 more
- Revenue
- ¥169.1B▲5.7%
- Operating income
- ¥7.07B▼10.2%
Margin 4.2%
Whole company: Revenue ¥169.1B · Net income ¥5.7B
Avg. salary ¥5.2M · 40.7（parent only）
Nissan Tokyo Sales Holdings[8291]
- Revenue
- ¥129B▼8.9%
- Operating income
- ¥4.76B▼35.8%
Margin 3.7%
Avg. salary ¥7.7M · 52.4（parent only）
Seino Holdings[9076]
Vehicle sales
- Revenue
- ¥110.3B▼4.3%
- Operating income
- ¥6.92B▼3.4%
Margin 6.3%
Whole company: Revenue ¥813B · Net income ¥23.6B
Avg. salary ¥7.1M · 43.6（parent only）
USS[4732]
Auto Auction + 1 more
- Revenue
- ¥102.2B▲8.1%
- Operating income
- ¥59B▲10.1%
Margin 57.7%
Whole company: Revenue ¥113.9B · Net income ¥41.4B
Avg. salary ¥7.7M · 39.4（parent only）
WILLPLUS Holdings[3538]
Imported car dealer + 1 more
- Revenue
- ¥88.6B▲85.6%
- Operating income
- ¥2.95B▲24.5%
Margin 3.3%
Whole company: Revenue ¥88.6B · Net income ¥1.44B
Avg. salary ¥6.1M · 40.6（parent only）
Kamei[8037]
Automotive
- Revenue
- ¥80.3B▲9.1%
- Operating income
- ¥4.98B▲9.6%
Margin 6.2%
Whole company: Revenue ¥583.1B · Net income ¥11.9B
Avg. salary ¥6.8M · 40.4（parent only）
G-7 Holdings[7508]
AUTOBACS/Car related Business
- Revenue
- ¥49.7B▲7.8%
- Operating income
- ¥2.26B▲12.5%
Margin 4.5%
Whole company: Revenue ¥232.2B · Net income ¥4.77B
Avg. salary ¥5.9M · 52.3（parent only）
- Autobacs Seven owns 5.0%
- Autobacs Seven・Supply/OEM
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Apple Internationalco. · Kanagawa Chuo Kotsu · Bike O & Company · International Conglomerate of Distribution for Automobile Holdings · Mie Kotsu Group Holdings · Nippon Seiki · Seiko · Ledax · Takamisawa · Sala · Aucnet · Kintetsu Department Store · Premium Group · Senkon Logistics · T.O. Holdings · Tanaka Seimitsu Kogyo · Truck-One · ArkCore · Autowave · Auto Server · Autobacs Seven · Banners · Nyle · Fabrica Holdings
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Industry takeaways
AI summary (figures come from filings)
- NEXTAGE leads with ¥652.1B, 19% of listed-company revenue.
- Right behind it are ITOCHU ENEX's car life division (¥584.7B) and IDOM (¥562.8B), close enough that the top three are near equals.
- Dealers keep little of each sale: NEXTAGE's operating margin is 3.0% and IDOM's is 3.6%. USS, which hosts auctions where dealers trade with each other, makes 65.3%.
- The two used-car chains grew +18.0% and +13.3%, while NISSAN TOKYO SALES HOLDINGS slipped -8.9%.
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1▲1 | Nextage | ¥652.1B | 18.2% | 3.0% | +22.3% | ¥2.54B |
| 2▼1 | Itochu EnexCar life division | ¥584.7B | 16.4% | 1.7% | +2.1% | — |
| 3 | Idom | ¥562.8B | 15.7% | 3.6% | +5.2% | -¥98M |
| 4 | VT HoldingsCar Business | ¥357B | 10.0% | 2.2% | +12.6% | ¥4.23B |
| 5 | Optimus GroupCarRetail Wholesale + 2 more | ¥278.4B | 7.8% | 2.5% | — | — |
| 6 | KU HoldingsImported Car Dealer + 1 more | ¥169.1B | 4.7% | 4.2% | +6.6% | ¥2.99B |
| 7 | Nissan Tokyo Sales Holdings | ¥129B | 3.6% | 3.7% | -1.7% | -¥2.33B |
| 8 | Seino HoldingsVehicle sales | ¥110.3B | 3.1% | 6.3% | +2.9% | ¥19.1B |
| 9 | USSAuto Auction + 1 more | ¥102.2B | 2.9% | 57.7% | +8.3% | ¥32.9B |
| 10▲1 | WILLPLUS HoldingsImported car dealer + 1 more | ¥88.6B | 2.5% | 3.3% | — | -¥1.63B |
| 11▼1 | KameiAutomotive | ¥80.3B | 2.2% | 6.2% | +7.3% | ¥17.6B |
| 12 | G-7 HoldingsAUTOBACS/Car related Business | ¥49.7B | 1.4% | 4.5% | +7.6% | ¥2.63B |
| 13 | Apple Internationalco.Automotive Unit | ¥40.7B | 1.1% | 1.7% | — | -¥110.5M |
| 14▲1 | Kanagawa Chuo KotsuAutomobile sales | ¥40.3B | 1.1% | 4.2% | +11.4% | -¥5.05B |
| 15▲1 | Bike O & Company | ¥38.6B | 1.1% | 1.5% | — | ¥101.9M |
| 16▼2 | International Conglomerate of Distribution for Automobile HoldingsAutomobile selling related | ¥37.5B | 1.0% | 5.4% | +8.2% | -¥1.3B |
| 17 | Mie Kotsu Group HoldingsLogistics | ¥33.1B | 0.9% | 2.4% | +5.4% | -¥1.01B |
| 18 | Nippon SeikiAutomotive sales business | ¥27B | 0.8% | 4.9% | +4.8% | ¥25.6B |
| 19 | SeikoAutomotive relations | ¥25B | 0.7% | 1.7% | +10.2% | ¥383.7M |
| 20 | Ledaxelement001 | ¥19.7B | 0.6% | -0.6% | +2.0% | -¥257.9M |
| 21 | Takamisawathe oil and automotive industry | ¥18B | 0.5% | 0.8% | +6.2% | ¥591M |
| 22 | SalaCar life supports segments | ¥18B | 0.5% | -3.5% | +3.7% | ¥4.81B |
| 23▲1 | AucnetMobility and Energy | ¥16.1B | 0.5% | 21.5% | — | ¥11B |
| 24▼1 | Kintetsu Department StoreWholesale and retail business | ¥15B | 0.4% | 1.3% | +3.1% | ¥11.1B |
| 25▲2 | Premium GroupAuto mobility | ¥11.1B | 0.3% | 20.3% | +57.7% | -¥22.9B |
| 26 | Senkon LogisticsPassenger car selling | ¥10.1B | 0.3% | 3.7% | +8.9% | ¥37.4M |
| 27▼2 | T.O. HoldingsAutomobile-related business | ¥9.84B | 0.3% | 1.6% | +2.6% | ¥578.8M |
| 28 | Tanaka Seimitsu KogyoMobility | ¥9.42B | 0.3% | 3.2% | +18.9% | -¥2.43B |
| 29▲3 | Truck-OneBusiness car - related | ¥7.13B | 0.2% | 6.6% | +8.2% | -¥67.3M |
| 30▲1 | ArkCoreMotorcycle | ¥6.75B | 0.2% | 5.4% | +23.2% | ¥228.5M |
| 31▼1 | Autowavecar related business | ¥6.65B | 0.2% | 8.1% | — | ¥508.6M |
| 32▼3 | Auto Server | ¥6.46B | 0.2% | 36.9% | +6.4% | ¥2.13B |
| 33▲1 | Autobacs SevenExpansion Business | ¥4.71B | 0.1% | 16.2% | — | -¥2.42B |
| 34▼1 | BannersCAR SALES | ¥4.56B | 0.1% | 1.0% | +9.8% | -¥340.8M |
| 35 | NyleMobility Industry DX Department | ¥4.46B | 0.1% | -5.2% | — | -¥277.9M |
| 36 | Fabrica HoldingsAuto Service | ¥2.12B | 0.1% | 1.9% | +15.9% | ¥851.9M |
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- Operating costs
- SG&A
- Operating profit
- USS371053
- Premium Group8119
- Aucnet582715
- Mie Kotsu Group Holdings919
- KU Holdings8411
- Seino Holdings887
- Kanagawa Chuo Kotsu8312
- International Conglomerate of Distribution for Automobile Holdings8213
- Kintetsu Department Store4946
- Idom8313
- Nissan Tokyo Sales Holdings7521
- Nippon Seiki8511
- Seiko7917
- Nextage8314
- Itochu Enex898
- VT Holdings8512
- Optimus Group8512
- Kamei8314
- G-7 Holdings7621
- Sala7621
- WILLPLUS Holdings8612
- Bike O & Company6632
- Takamisawa8315
- Apple Internationalco.93
- Ledax8516loss ¥1
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- 近鉄グループホールディングス株式会社Outside
- SubsidiaryKintetsu Department Store63.1%
- StakeMie Kotsu Group Holdings14.1%
- 伊藤忠商事株式会社Outside
- SubsidiaryItochu Enex55.7%
- 小田急電鉄株式会社Outside
- AffiliateKanagawa Chuo Kotsu45.4%
- 株式会社ＳＭＮOutside
- AffiliateNextage35.1%
- 本田技研工業株式会社Outside
- AffiliateTanaka Seimitsu Kogyo24.3%
- StakeNippon Seiki6.5%
- LINEヤフー株式会社Outside
- StakeFabrica Holdings12.1%
- 株式会社ゼロOutside
- StakeWILLPLUS Holdings5.6%
- USSIn industry
- StakeBike O & Company5.3%
- アルプスアルパイン株式会社Outside
- StakeNippon Seiki5.2%
- Autobacs SevenIn industry
- StakeG-7 Holdings5.0%
- 株式会社清水銀行Outside
- StakeSeiko4.8%
- 株式会社百五銀行Outside
- StakeMie Kotsu Group Holdings4.0%
- ㈱七十七銀行Outside
- StakeSenkon Logistics3.0%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted.
Compare the leaders side by side
All companies in Car Dealers & Used Cars (by revenue)
All 36 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Nextage¥652.1B · 3.0%
- Itochu Enex¥584.7B · 1.7%
- Idom¥562.8B · 3.6%
- VT Holdings¥357B · 2.2%
- Optimus Group¥278.4B · 2.5%
- KU Holdings¥169.1B · 4.2%
- Nissan Tokyo Sales Holdings¥129B · 3.7%
- Seino Holdings¥110.3B · 6.3%
- USS¥102.2B · 57.7%
- WILLPLUS Holdings¥88.6B · 3.3%
- Kamei¥80.3B · 6.2%
- G-7 Holdings¥49.7B · 4.5%
- Apple Internationalco.¥40.7B · 1.7%
- Kanagawa Chuo Kotsu¥40.3B · 4.2%
- Bike O & Company¥38.6B · 1.5%
- International Conglomerate of Distribution for Automobile Holdings¥37.5B · 5.4%
- Mie Kotsu Group Holdings¥33.1B · 2.4%
- Nippon Seiki¥27B · 4.9%
- Seiko¥25B · 1.7%
- Ledax¥19.7B · -0.6%
- Takamisawa¥18B · 0.8%
- Sala¥18B · -3.5%
- Aucnet¥16.1B · 21.5%
- Kintetsu Department Store¥15B · 1.3%
- Premium Group¥11.1B · 20.3%
- Senkon Logistics¥10.1B · 3.7%
- Tanaka Seimitsu Kogyo¥9.42B · 3.2%
- T.O. Holdings¥8.97B · 1.8%
- Truck-One¥7.13B · 6.6%
- ArkCore¥6.75B · 5.4%
- Autowave¥6.65B · 8.1%
- Auto Server¥6.46B · 36.9%
- Autobacs Seven¥4.71B · 16.2%
- Banners¥4.56B · 1.0%
- Nyle¥4.46B · -5.2%
- Fabrica Holdings¥2.12B · 1.9%
Revenue · Op. margin
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