#Japan #Tokyo #used cars #Be Forward

BE FORWARD’s Remarkable Achievement

BE FORWARD CO., LTD., headquartered in Minato Ward, Tokyo, announced astonishing records for the fiscal year ending December 2025. This year marks a monumental milestone for the company, seeing both revenue and sales volume reach unprecedented heights. The total revenue reported is a staggering 160.94 billion yen (approximately 1.6 billion USD), the highest in the company’s history. In addition, the sales volume for used cars also reached a record high at 190,000 units sold.

Transition to December Accounting Period

This announcement follows a significant change in the company's fiscal year, shifting the accounting period from June to December beginning in 2024. Therefore, these results are the first to be reported since the financial statement released in June 2024. The strategic decision to alter the reporting period was driven by various factors in the economic landscape, culminating in a pivotal year for BE FORWARD.

Economic Challenges and Strategic Responses

The 2025 fiscal year has been characterized by notable challenges. A continuous decline in the yen’s exchange rate has provided robust support for export conditions. However, the surge in resource prices and ongoing geopolitical risks have caused significant disruptions in logistics. Faced with these multifaceted challenges, BE FORWARD displayed remarkable adaptability. The used vehicle export industry exceeded 1.7 million units for the first time,
setting a historical record amid intense demand from emerging markets and escalating price competition.

Strengthening Logistics and Inventory Management

In response to the critical shortage of cargo space attributed to the tense situations in the Middle East and the Red Sea, BE FORWARD has enhanced its partnerships with shipping companies. The company has strategically employed a flexible mix of RORO (Roll-on/Roll-off) and container ships to navigate through the chaotic logistics landscape.

This approach has allowed BE FORWARD to maintain stable shipments while keeping inventory levels in check during turbulent times. Additionally, to counteract soaring domestic auction market prices due to the depreciating yen, the company focused on selective purchasing strategies that ensured profitable inventory. This particular strategy not only safeguarded profit margins but also prioritized supply to expanding markets in Southeast Africa, the Caribbean, and the UAE (United Arab Emirates).

Achievements and Future Outlook

Consequently, BE FORWARD’s financial results for the fiscal year 2025 stand out with record sales figures of 160.94 billion yen and a sales volume of 190,000 units. These achievements highlight the company's ability to overcome adversity while capitalizing on opportunities in a rapidly changing market.

About BE FORWARD

• - Company Name: BE FORWARD CO., LTD.
• - Founded: March 10, 2004
• - Capital: 500 million yen
• - Representative: Hirokazu Yamakawa, CEO
• - Headquarters: 37th Floor, Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo, 106-6137
• - Employees: 298 in Japan
• - Business Activities: Sales and export/import of used cars and auto parts, operation of EC site, cargo transportation, and more.
• - Achievements: Sales of 160.94 billion yen, 190,000 units sold in the 2025 fiscal year

For further information, visit BE FORWARD Corporate or their EC site.