Gulliver International Co.,Ltd.

The Flow of Japan's Used-Car IndustrySales of new cars & Registrations of used cars in JapanNumber of cars owned in Japan

Japan's used-car industry comprises three main functions covering the process by which cars are sold by one owner and purchased by a new owner.

1. The car is purchased from a customer and sold wholesale through an auction site.

WHOLESALE (C to B)

2. Auction sites are run, with fees taken on car transactions.

The AUCTION BUSINESS (B to B)

3. The car is supplied to an auction site and sold to a new customer.

RETAIL (B to C)

Gulliver's primary businesses are the wholesale business, where we buy used cars from consumers and sell them to other used car dealers at used car auctions, and the retail business, where we buy used cars from consumers and sell them to other consumers.

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	1990	1991	1992	1993	1994
Sales of new cars	7,777,493	7,524,759	6,959,073	6,467,279	6,526,696
Registrations of used cars	7,109,536	7,255,888	7,422,350	7,348,945	7,539,231
total	14,887,029	14,780,647	14,381,423	13,816,224	14,065,927

	1995	1996	1997	1998	1999
Sales of new cars	6,865,034	7,077,745	6,725,026	5,879,425	5,861,216
Registrations of used cars	7,945,867	8,104,599	8,238,902	7,953,868	7,932,503
total	14,810,901	15,182,344	14,963,928	13,833,293	13,793,719

	2000	2001	2002	2003	2004
Sales of new cars	5,963,042	5,906,471	5,792,093	5,828,178	5,853,050
Registrations of used cars	8,213,918	8,195,923	8,167,292	8,195,267	8,001,912
total	14,176,960	14,102,394	13,959,385	14,023,445	13,854,962

	2005	2006	2007	2008	2009
Sales of new cars	5,851,921	5,739,407	5,353,581	5,082,133	4,609,182
Registrations of used cars	8,106,460	8,066,864	7,530,096	7,178,255	6,698,592
total	13,958,381	13,806,271	12,883,677	12,260,388	11,307,774

	2010
Sales of new cars	4,956,038
Registrations of used cars	6,539,496
total	11,495,534

Sources: Japan Automobile Dealers Association , Japan Mini Vehicles Association

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	1990	1991	1992	1993	1994
Number of cars owned in Japan	57,993,866	60,498,850	62,713,454	64,498,279	66,278,822

	1995	1996	1997	1998	1999
Number of cars owned in Japan	68,103,696	70,106,536	71,775,647	72,856,583	73,688,389

	2000	2001	2002	2003	2004
Number of cars owned in Japan	74,582,612	75,524,973	76,270,813	76,892,517	77,390,245

	2005	2006	2007	2008	2009
Number of cars owned in Japan	78,278,880	78,992,060	79,236,095	79,080,762	78,800,542

	2010
Number of cars owned in Japan	78,521,629

Sources: Automobile Inspection & Registration Information Association

Note: As of March 31

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