Japanese Auction Grades for Micronesia Buyers: How to Read Condition Before You Import Japanese auction grades help Micronesia buyers understand vehicle condition before purchase. However, the grade alone is not enough. Buyers should also check the auction sheet, photos, videos, mileage, chassis number, rust, tyres, body type, and real work purpose. In this article, Micronesia means the Federated States of Micronesia, also called FSM. FSM has four states: Pohnpei, Chuuk, Yap, and Kosrae. This matters because a vehicle must fit the buyer’s state, road conditions, shipping route, and business use. A delivery truck for Pohnpei may need different checks from ...