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Driven by the weak yen, the consumer spending of tourists visiting Japan in the first 9 months has reached a new high.
①Driven by the weakness of the Japanese yen, Japan's tourism industry is extremely hot in 2024; ②Data shows that as of September, international tourists spent 5.86 trillion yen in Japan (equivalent to 39.27 billion US dollars); ③This exceeded the consumption record of 5.3 trillion yen set for the full year of 2023.
Operation of a specialty store for buying and selling used car parts, with strong performance, expecting store expansion including overseas.
Up Garage Group <7134> operates a car and motorcycle supplies reuse business (direct store operation, franchise system operation, EC (e-commerce) site operation) and a distribution wholesale business. Approximately 60% of the previous period's revenue comes from the reuse business, and about 40% comes from the distribution wholesale business. In addition, by combining these with system development for business expansion, they are aiming to leap from a business focused on store expansion to one utilizing IT. Store sales are the mainstay in the reuse business.
ZETA HASHTAG, a hashtag utilization engine, has been introduced to the official website of Up Garage.
On the 27th, Cygnia <6031> announced that its group company ZETA has introduced the hashtag utilization engine "ZETA HASHTAG" to the official website of Up Garage <7134>, which operates a reuse specialized store for car and motorcycle supplies. This time, the hashtag utilization engine "ZETA HASHTAG" provided by ZETA was introduced to the official website of Up Garage, supporting website engagement rate and UX improvement.
UP Garage Group: Q&A Collection for the First Quarter Financial Results for the Fiscal Year Ending March 2025 (Part 2)
UP Garage Group: Fiscal year ending March 2025, Q1 earnings conference Q&A
UP Garage Group: Financial report for the first quarter ending in March 2025.
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