- Business
- USS Co., Ltd. operates and manages the largest network of used vehicle auction sites in Japan, conducting on-site auctions at multiple locations nationwide, as well as satellite TV and internet-based auctions for used cars and motorcycles; it provides ancillary services including used vehicle information dissemination, transportation of auction vehicles, financing for auction members, and used car export processing. The company engages in used vehicle purchasing and sales, including accident-damaged cars, through dedicated segments; it also handles recycling of end-of-life vehicles, waste rubber, scrap metals, and disposal of industrial equipment and plants. Founded in 1980 as Aichi Automobile General Services Co., Ltd. and renamed USS Co., Ltd. in 1995, USS is headquartered in Tokai-shi, Aichi Prefecture, Japan, and primarily serves domestic used vehicle dealers and exporters with over 48,000 on-site auction members and extensive internet membership.
In recent developments, the company introduced the industry's first 16-lane auction system at its Tokyo auction site in October 2024, enhancing bidding capacity and operational efficiency. USS continues active share repurchases, including completions announced in June 2025 and March 2025, alongside raising its return on equity target to 20% or higher and expanding its shareholder benefit program in April 2025 to strengthen capital returns. It maintains robust auction volumes, with regular monthly data releases such as preliminary figures for September 2025 and integrated reporting for fiscal year 2025.