Be Forward, a cross-border EC site operator, announces record sales and units sold for the fiscal year ending December 2025.
NQ Score
100/100
AI Summary (NQ-processed)
BE FORWARD CO.,LTD. achieved record-high sales of 160.946 billion JPY and 190,000 used cars sold for the fiscal year ending December 2025. This is the first announcement since the fiscal year end changed from June 2024 to December. Amidst a depreciating yen and an expanding used car export market, the company strengthened partnerships with shipping companies and flexibly utilized RORO and container ships to maintain stable shipments despite logistics disruptions caused by the Middle East/Red Sea situation. To counter rising domestic auction prices due to the yen's depreciation, the company focused on procuring high-profit inventory and prioritized supply to Southeast African countries, Caribbean nations, and the UAE, leading to improved profitability.
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Frequently Asked Questions
- Q: What were BE FORWARD's record sales and units sold for the fiscal year ending December 2025?
- A: BE FORWARD recorded record-high sales of 160,946,420,000 JPY and sold 190,000 used cars in the fiscal year ending December 2025.
- Q: When did BE FORWARD change its fiscal year end, and what was the previous fiscal year end date?
- A: BE FORWARD changed its fiscal year end from June to December in December 2024, making the December 2025 announcement the first under the new schedule.
- Q: How did the Middle East and Red Sea situation affect BE FORWARD's shipping strategy in the fiscal year ending December 2025?
- A: Due to vessel shortages from the Middle East/Red Sea situation, BE FORWARD strengthened ties with shipping firms and used both RORO and container ships flexibly.
- Q: Which regions did BE FORWARD prioritize for used car supply to improve profitability during rising domestic auction prices?
- A: To counter rising domestic auction prices, BE FORWARD prioritized supplying used cars to Southeast African countries, Caribbean nations, and the UAE for higher profitability.
- Q: What is the founding date and initial capital of BE FORWARD CO.,LTD., and what are its main business activities?
- A: BE FORWARD was founded on March 10, 2004, with 50,000,000 JPY in capital and operates in used car export, auto parts sales, EC sites, and freight forwarding.