ICDA Holdings

Basic Information

Stock Code
3184
Industry
Retail
Category Detail
Automobile Retailers
Prefecture
Mie Prefecture
Establishment Year
October 2009
Listing Year
June 2013
Official Website
https://www.icda.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Banners, Azuma House, 静甲, ＶＴホールディングス, 日産東京販売ホールディングス, センコン物流, Daian

Overview

ICDA Holdings is a holding company for automobile retail based in Mie Prefecture, established in 2009. It operates Honda authorized dealerships, imported car sales, and recycling businesses.

Current Situation

ICDA Holdings recorded consolidated sales of approximately ¥24 billion and net assets of about ¥4.4 billion in the fiscal year ended March 2017. It engages in regionally focused automobile sales and recycling operations. Key subsidiaries include Honda Four-Wheel Sales Mie North, Automall, and Mark Corporation, with Honda as the main brand for new and used car sales. Recently, it established a parts center in Suzuka City, Mie Prefecture, to improve logistics efficiency and focus on enhancing customer services. In a competitive landscape, it competes with other local dealerships and automotive-related companies while building a solid sales foundation. Future prospects include improving profitability through the integration of automobile sales and recycling, and market expansion via used car market development. Strengthening environmental regulations will benefit the recycling business, while changes in the automotive market and new entrants pose challenges. Management strategy emphasizes locally rooted service provision and sustainable business models.

Trivia

Interesting Facts

  • Roots in Mukai Jidosha Shokai, founded in 1967
  • ICDA stands for International Conglomerate of Distribution for Automobile
  • Locally rooted company headquartered in Suzuka City, Mie Prefecture
  • Subsidiaries operate Honda authorized dealerships and imported car sales
  • Actively promotes automobile recycling business
  • Changed markets from JASDAQ to Tokyo Stock Exchange Standard
  • Capital of over ¥1.1 billion as a mid-sized listed company
  • Annual sales around ¥24 billion with stable scale
  • Approximately 360 employees with regionally rooted structure
  • Major shareholders include representatives and local companies
  • Newly established parts center in Suzuka City for logistics efficiency
  • Expansion of environmental-related businesses included in management policy
  • Handles diverse imported car brands to meet customer needs
  • Contributes to circulation efficiency via used car auction business
  • One subsidiary is a specialized waste disposal company

Hidden Connections

  • Local company significantly contributing to economic revitalization in Suzuka City
  • Long-term trust built as Honda's regional authorized dealer
  • Strong network with local auto repair shops
  • Acquires numerous customers from outside the prefecture through imported car sales
  • Collaborates with local environmental conservation groups on waste disposal business
  • Integrates recycling, sales, and maintenance services among subsidiary group
  • Strengthening logistics collaboration with regional transport operators
  • Responsive structure to changes in Chubu region's auto market environment

Future Outlook

Growth Drivers

  • New business opportunities from EV market expansion
  • Business strengthening via increased recycling demand
  • Sales expansion from active used car circulation
  • Customer base stabilization through local services
  • Operational efficiency and customer convenience via IT utilization
  • Improved responsiveness to environmental regulations
  • Ongoing imported car popularity for diverse sales opportunities
  • Sales promotion through new financial product development
  • Supply capacity enhancement via logistics infrastructure
  • Corporate value improvement through sustainable management
  • Demand growth with regional economic recovery
  • Expansion of vehicle services for the elderly

Strategic Goals

  • Strengthen new car sales including EV対応
  • Achieve recycling rate of 85% or higher
  • Revenue growth via used car market share expansion
  • Full introduction of digital services
  • Sustainable management coexisting with local community
  • Further optimization of logistics parts centers
  • Maintain customer satisfaction at 90% or higher
  • Launch new environmental-related businesses
  • Improve employee work-life balance
  • Ongoing promotion of regional environmental protection activities

Business Segments

New Car Dealer Sales

Overview
Provides sales, maintenance, and after-sales services related to new car sales.
Competitiveness
Locally rooted customer support system
Customers
  • General consumers
  • Corporate vehicle departments
  • Local governments
  • Rent-a-car companies
Products
  • All Honda new car models
  • Various imported new cars

Used Car Sales and Auction Business

Overview
Business improving efficiency in used car sales and market circulation.
Competitiveness
Nationwide network and comprehensive appraisal technology
Customers
  • Used car dealers
  • Individual customers
  • Corporate leasing companies
Products
  • Various used cars
  • Used car auction services

Automobile Parts and Recycling Business

Overview
Recycling business supporting environmental compliance and cost reduction.
Competitiveness
Advanced environmental processing technology and efficient reuse
Customers
  • Repair shops
  • New car dealers
  • Used car dealers
Products
  • Used parts
  • Recycled parts
  • Environmental processing services

Vehicle Maintenance and Inspection Services

Overview
Supports vehicle maintenance management to ensure safe operation.
Competitiveness
High-quality services by specialized technicians
Customers
  • Sales channels
  • Corporate customers
  • Individual customers
Products
  • Periodic inspections
  • Shaken (vehicle inspections)
  • Repair services

Sales Support and Financial Services

Overview
Provides financial products to support customer purchases.
Competitiveness
Customer-focused finance support
Customers
  • Customers
  • Agents
  • Dealers
Products
  • Auto loans
  • Insurance products
  • Warranty services

Logistics and Parts Center Operations

Overview
Achieves efficient logistics through parts centers.
Competitiveness
Optimized regional logistics network
Customers
  • Subsidiaries
  • Dealers
Products
  • Inventory management
  • Transportation services

Environmental Services and Waste Disposal

Overview
Provides compliant environmental services.
Competitiveness
Wide range of processing technologies and environmental response capabilities
Customers
  • Local governments
  • Factories
  • Corporations
Products
  • Industrial waste processing
  • Recycling
  • Cleaning services

Vehicle Sales Promotion Support

Overview
Offers sales promotion and customer management support services.
Competitiveness
Local market knowledge
Customers
  • Agents
  • Dealers
Products
  • Promotion planning
  • Customer management systems

Used Car Appraisal and Evaluation Services

Overview
Smoothens transactions through reliable appraisals.
Competitiveness
Specialized appraisers and proprietary evaluation standards
Customers
  • Dealers
  • Auction venues
Products
  • Vehicle appraisal services
  • Quality evaluation

Customer Support and Call Center Operations

Overview
Phone and online support to improve customer services.
Competitiveness
Prompt and courteous staff response
Customers
  • Customers
  • Dealers
Products
  • Inquiry response
  • Reservation acceptance

Vehicle Insurance Agency Operations

Overview
Sales and support for automobile-related insurance products.
Competitiveness
Extensive product knowledge and proposal capabilities
Customers
  • Individual customers
  • Corporate customers
Products
  • Auto insurance
  • Various damage insurance

Regional Contribution Event Hosting

Overview
Promotes activities for coexistence with the local community.
Competitiveness
Customer-participatory community building
Customers
  • Local residents
  • Local governments
Products
  • Safe driving seminars
  • Environmental awareness activities

Competitive Advantage

Strengths

  • Locally rooted sales network
  • Reliability as a Honda authorized dealer
  • Revenue stability from diversified business operations
  • Abundant used car inventory and specialized appraisal capabilities
  • Possession of environmental recycling technology
  • Efficient operation of logistics parts centers
  • Business collaboration through numerous subsidiaries
  • Strong customer support system
  • Deep regional understanding by local management
  • Provision of flexible financial services
  • Handling of diverse imported car brands
  • High-quality maintenance services
  • Integration of financial products and warranty services
  • High responsiveness to automotive regulations
  • Advanced market analysis capabilities

Competitive Advantages

  • Strength in new car sales as a Honda authorized dealer
  • Expansion of environmentally responsive business centered on auto recycling
  • Construction of extensive used car circulation network in the region
  • Efficient inventory management and delivery via logistics parts centers
  • Customer base expansion through multi-brand imported car sales
  • Fine-tuned customer response with local focus
  • Operational efficiency through synergies among multiple subsidiaries
  • Provision of total care services including vehicle maintenance and inspections
  • Support for purchases via diverse financial products
  • Flexible compliance with industry regulations
  • Ensuring reliability with proprietary used car appraisal methods
  • Integrated management of wide-ranging logistics and environmental services
  • Rapid customer response unique to local companies
  • Stable financial base and capital structure
  • Service quality improvement through introduction of latest equipment

Threats

  • Delays in responding to electrification and decarbonization in the auto industry
  • Price pressures from intensifying used car market competition
  • Increased recycling costs due to stricter environmental regulations
  • Rise of new entrant dealers and online sales
  • Shrinkage of regional demand due to population decline and aging
  • Impact of exchange rate fluctuations on imported car sales prices
  • Sales declines due to social changes like COVID-19
  • Reduced vehicle purchase intent amid rising fuel prices
  • Risks of failing to keep pace with technological innovations
  • Increasing compliance costs
  • Countering competitors' service diversification
  • Cybersecurity risks

Innovations

2023: New Parts Center Established in Suzuka, Mie

Overview
Opened a base to improve logistics efficiency, strengthening inventory management and delivery.
Impact
Improved speed and quality of regional customer services

2022: Advanced Automobile Recycling Technology

Overview
Optimized recycling processes to reduce environmental impact.
Impact
Achieved improved processing efficiency and cost reductions

2021: Used Car Auction System Update

Overview
Incorporated latest IT for fair and rapid trading environment.
Impact
Increased customer satisfaction and transaction volume

2020: Strengthened Digital Marketing

Overview
Promoted new customer acquisition through online sales and SNS utilization.
Impact
Expanded acquisition of younger customers

Sustainability

  • Promoting technology investments to improve auto recycling rates
  • Strengthening waste reduction and proper processing systems
  • Ongoing regional cleaning activities contributing to environmental conservation
  • Improving vehicle utilization rates through car-sharing promotion
  • Establishing environmentally considerate dealer operations