Important] Notice of Bidding Rule Re-Change

Dear Members

Thank you for using KOMEHYO Auction.
Today, we would like to make an important announcement regarding the re-changing of bidding rules.

■About this review

We have received many comments regarding the current bidding system introduced in February 2025.
In particular, the transparency of the bidding process has decreased, making it more difficult to bid at a drastic price.

● Cases occurred in which bids could not be won over minimum bid price

● Some of the high value items, where price differences tend to open up, tended to have lower bidding prices than expected due to the nature of the rules.

Due to a change in the bidding format, it is no longer possible to determine the amount of money you are entitled to.

No longer able to predict expected bidding price on time when listing an item.

We have received many comments such as, "We are not able to offer a high quality product.
We believe that our mission is to maintain a healthy and attractive auction environment for both buyers and sellers, and after a comprehensive review, we have decided to return to the previous bidding and extension system.

■Future actions

Date of change

July 9 online [bidding period: Friday, July 4 - Tuesday, July 8] auction scheduled

Main contents of the review

As well as the implementation method for the bidding method from April 2022.4 to January 2025.1
The rule of current price with bidding extensions
For bids less than minimum bid price, the Top Bid amount will be used as the current price amount.
Overseas: Bidding bids are in Japanese yen.
Overseas: Bids are invoiced in Japanese yen.
   

■Finally.

We sincerely apologize to everyone for any inconvenience caused.
We will continue to make improvements to the auction to ensure that all participants can participate with peace of mind.
We appreciate your continued support.