NEWS

PRESS - 2025.01.17

Surpassed Last Year’s Results and Achieved Second-Highest Performance with Over 90% Sell-Through - 2024 Annual Report Released -


On Friday, January 17, 2025, SBI Art Auction Co., Ltd. published its annual report reviewing our 2024 activities. 
 
In 2024, we held a total of seven auctions. Thanks to the tremendous and ongoing support from collectors, art enthusiasts, and many others, we recorded total auction sales of 6.01 billion yen, surpassing last year’s results, which were the second highest since our auction business began. This was also a year of significant growth toward becoming a more international auction house, as we launched collaborative projects with external companies in various fields and held our very first overseas traveling preview in Seoul, South Korea.
 
This report explores our company’s activities from various perspectives, offering a glimpse into a segment of the Japanese art market. As a new initiative this year, we have focused on the artist KUSMA Yayoi—one of the artists we handled extensively in 2024—and examined her works to gain deeper insight into her position in the art world.
 
In addition to this year’s auction data, the report is packed with coverage of events held last year and much more. We hope you will enjoy reading it.
 
■2024 Look Back

【Table of contents】
Introduction
Summary
2024 Auction Achievements
Participants’ Trends
The Year of KUSAMA: A Closer Look
Remarkable Events in 2024
Auction Schedules for H1 of 2025

【Release date】
Friday, January 17, 2025

【URL】
https://www.sbiartauction.co.jp/en/news/article/127

■About our auction
SBI Art Auction
SBI Art Auction holds public auctions offering a diverse selection of fine works including contemporary art created in and after the 20th century, as well as modern art, photography, design, and crafts that enrich the lifestyles of a wide variety of clients.

With registered customers from over 63 countries* and approximately 50% of auction sales attributed to international bidders, SBI Art Auction proudly stands as Japan's most globally connected auction house.

In addition to showcase works by prominent Japanese artists, we will actively introduce works by international artists rarely featured in Japanese auctions, contributing to the growth and expansion of Japan's art market.
*As of January 2025
Instagram: https://www.instagram.com/sbiartauction/

■How to participate in our auction
The auction is held by bidding for the sale price.
Customers who participate for the first time are requested to register in advance.
For more information on how to buy works at auction, please see the following page.
Details on how to participate and buy: https://www.sbiartauction.co.jp/en/buy-sell/buy/

■ Upcoming auction (TBC)
The 69th SBI Art Auction | Modern and Contemporary Art
Auction Date: Saturday, January 25, 2025 – Sunday, January 26, 2025

The 70th SBI Art Auction | BLOOM NOW
Auction Date: Saturday, March 8, 2025

■About us
SBI Art Auction Co., Ltd. provides a wide variety of services corresponding to our clients' needs, including auctioning, brokering private sales, financing, and consulting. Our aim is to ensure that more people come to appreciate the pleasure, importance, and fun of owning artworks, while at the same time helping them to keep their artworks in good condition over the long term and pass them along to the next generation.
Company name: SBI Art Auction Co., Ltd.
Representative Director: FUJIYAMA Tomohiro
Address: TFT Building East Wing, 3-6-11 Ariake, Koutou-ku, Tokyo, 135-0063 JAPAN
Established: April 1, 2011
HP: https://www.sbiartauction.co.jp/en/

*Please be aware of impersonation attempts mimicking our website.

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