PARK24 Stock 4666.T
Park24 CO., LTD. PARK24 stock (4666.T): Half-year and annual results since 2023 from Half-Year Report and EDINET filings: revenue, earnings, balance sheet, cash flow and management guidance, every figure with its source. As of 08/2026, half-year reporting. Stock analysis by NadirAlpha. PARK24 stock (4666.T): listed on JPX. NadirAlpha has evaluated 12 original documents, cross-checked every figure automatically and linked each to its source; sources as of 08/2026. Revenue H1 FY2026 (Nov 2025 to Apr 2026): JPY 202.3 billion (+5% year on year). Latest reading: Net income doubled, Strategic pivot.
AI-generated report · not investment advice · figures extracted automatically; please verify against the linked original more
PARK24 Current Status
Where PARK24 stands after the report for H1 FY2026: what changed in revenue, earnings and outlook, written editorially from the original report. NadirAlpha methodology
Assessment by NadirAlpha, as of H1 FY2026 (Nov 2025 to Apr 2026).
PARK24 Stock: Key Figures (¥ million)
The core financial figures of PARK24 stock in three views: fiscal years up to FY2026, half-years and quarters up to H1 FY2026, in ¥ million, most recent period first. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Fiscal years
| Period | Calendar quarter | Revenue | Op. income | Net income | EPS (¥) | OCF | Source |
|---|---|---|---|---|---|---|---|
| FY2025 | Q4/2024–Q4/2025 | 406,168 | 37,561 | 15,917 | 85.29 | 62,880 | 10 |
| FY2024 | Q4/2023–Q4/2024 | 370,913 | 38,697 | 18,625 | 99.81 | 54,176 | 8 |
| FY2023 | Q4/2022–Q4/2023 | 330,123 | 31,986 | 17,542 | 93.89 | 48,188 | 5 |
Half-years
| Period | Calendar quarter | Published | Revenue | Op. income | Net income | EPS (¥) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-H1* | Q4/2025–Q2/2026 | 2026-06-15 | 202,275 | 17,295~ | 29,657 | 160.25 | 1,880 | 30,388 | 134,362 | 111 |
| 2025-H2* | Q2–Q4/2025 | 2026-01-28 | 212,774 | 21,781 | 10,936 | 58.60*≈ | 8,069 | 80,150 | 92,495 | 10 |
| 2025-H1* | Q4/2024–Q2/2025 | 2025-07-15 | 193,394 | 15,780 | 4,981 | 26.68 | 14,220 | 49,779 | 93,157 | 109 |
| 2024-H2* | Q2–Q4/2024 | 2025-01-30 | 195,038 | 22,043 | 9,616 | 51.53*≈ | 7,360 | 48,041 | 95,942 | 8 |
| 2024-H1* | Q4/2023–Q2/2024 | 2024-06-14 | 175,875 | 16,654 | 9,009 | 48.29 | 18,103 | 67,425 | 95,218 | 107 |
| 2023-H2* | Q2–Q4/2023 | 2024-01-26 | 173,045 | 16,889 | 9,563 | 51.18*≈ | 9,632 | 73,299 | 97,425 | 5 |
| 2023-H1* | Q4/2022–Q2/2023 | 2023-06-14 | 157,078 | 15,097 | 7,979 | 42.56 | 15,457~ | 84,805~ | 29,200~ | 3 |
Quarters
| Period | Calendar quarter | Published | Revenue | Op. income | Net income | EPS (¥) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-Q3* | Q2–Q3/2026 | 2026-08-31 | 101,774 | 11,651 | – | – | – | – | – | 112 |
| 2025-Q4* | Q3–Q4/2025 | 2026-01-28 | 110,253 | 12,647 | 5,961 | 31.94*≈ | 9,953 | 80,150 | 92,495 | 10 |
| 2025-Q3* | Q2–Q3/2025 | 2026-08-31 | 102,521 | 9,134 | 4,975 | 26.65*≈ | -1,884 | 43,297 | – | 112 |
| 2024-Q2* | Q1–Q2/2024 | 2024-06-14 | 89,144 | 8,032 | 3,923 | 21.03*≈ | 15,900 | 67,425 | 95,218 | 107 |
| 2024-Q1* | Q4/2023–Q1/2024 | 2024-03-14 | 86,731 | 8,622 | 5,086 | 27.26 | 2,203 | 70,179 | 101,527 | 106 |
| 2023-Q4* | Q3–Q4/2023 | 2024-01-26 | 88,619 | 7,596 | 2,249 | 12.04*≈ | 9,553 | 73,299 | 97,425 | 5 |
| 2023-Q3* | Q2–Q3/2023 | 2023-09-14 | 84,426 | 9,293 | 7,314 | 39.01*≈ | 79 | 63,864 | 35,985 | 4 |
| 2023-Q2* | Q1–Q2/2023 | 2023-06-14 | 78,056 | 6,681 | 4,831 | 25.77*≈ | 13,595 | 84,805~ | 29,200~ | 3 |
| 2023-Q1* | Q4/2022–Q1/2023 | 2023-03-15 | 79,022 | 8,416 | 3,148 | 17.52 | 1,862 | 83,487 | 45,244 | 2 |
PARK24 Balance Sheet & Cash Flow (¥ million)
Point-in-time balance sheet items of PARK24 (cash, financial debt) and cash flow items per fiscal year, half-year and quarter, derived values with their formula in the popover. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
Fiscal years
| Period | Calendar quarter | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Q4/2024–Q4/2025 | 2026-01-28 | 80,150 | 172,645 | 92,495 | 35,383 | 62,880 | 40,591~ | 22,289~ | 10 |
| FY2024 | Q4/2023–Q4/2024 | 2025-01-30 | 48,041 | 143,983 | 95,942 | 33,798 | 54,176 | 28,713 | 25,463 | 8 |
| FY2023 | Q4/2022–Q4/2023 | 2024-01-26 | 73,299 | 170,724 | 97,425 | 30,211 | 48,188 | 23,099~ | 25,089~ | 5 |
Half-years
| Period | Calendar quarter | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-H1 | Q4/2025–Q2/2026 | 2026-06-15 | 30,388 | 164,750 | 134,362 | 18,752 | 29,368 | 27,488 | 1,880 | 111 |
| 2025-H2 | Q2–Q4/2025 | 2026-01-28 | 80,150 | 172,645 | 92,495 | 18,147 | 34,084 | 26,015 | 8,069 | 10 |
| 2025-H1 | Q4/2024–Q2/2025 | 2025-07-15 | 49,779 | 142,936 | 93,157 | 17,236 | 28,796 | 14,576 | 14,220 | 109 |
| 2024-H2 | Q2–Q4/2024 | 2025-01-30 | 48,041 | 143,983 | 95,942 | 17,771 | 25,709 | 18,349 | 7,360 | 8 |
| 2024-H1 | Q4/2023–Q2/2024 | 2024-06-14 | 67,425 | 162,643 | 95,218 | 16,027 | 28,467 | 10,364 | 18,103 | 107 |
| 2023-H2 | Q2–Q4/2023 | 2024-01-26 | 73,299 | 170,724 | 97,425 | 15,331 | 23,835 | 14,203 | 9,632 | 5 |
| 2023-H1 | Q4/2022–Q2/2023 | 2023-06-14 | 84,805~ | 114,005 | 29,200~ | 14,880 | 24,353~ | 8,896~ | 15,457~ | 3 |
Quarters
| Period | Calendar quarter | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-Q3 | Q2–Q3/2026 | 2026-08-31 | – | 172,162 | – | 9,806 | – | 14,981 | – | 112 |
| 2026-Q2 | Q1–Q2/2026 | 2026-06-15 | 30,388 | 164,750 | 134,362 | – | – | – | – | 111 |
| 2025-Q4 | Q3–Q4/2025 | 2026-01-28 | 80,150 | 172,645 | 92,495 | 9,310 | 26,086 | 16,133 | 9,953 | 10 |
| 2025-Q3 | Q2–Q3/2025 | 2026-08-31 | 43,297 | – | – | 8,837 | 7,998 | 9,882 | -1,884 | 112 |
| 2025-Q2 | Q1–Q2/2025 | 2025-07-15 | 49,779 | 142,936 | 93,157 | – | – | – | – | 109 |
| 2024-Q4 | Q3–Q4/2024 | 2025-01-30 | 48,041 | 143,983 | 95,942 | – | – | – | – | 8 |
| 2024-Q2 | Q1–Q2/2024 | 2024-06-14 | 67,425 | 162,643 | 95,218 | 8,374 | 22,137 | 6,237 | 15,900 | 107 |
| 2024-Q1 | Q4/2023–Q1/2024 | 2024-03-14 | 70,179 | 171,706 | 101,527 | 7,653 | 6,330 | 4,127 | 2,203 | 106 |
| 2023-Q4 | Q3–Q4/2023 | 2024-01-26 | 73,299 | 170,724 | 97,425 | 7,700 | 16,491 | 6,938 | 9,553 | 5 |
| 2023-Q3 | Q2–Q3/2023 | 2023-09-14 | 63,864 | 99,849 | 35,985 | 7,631 | 7,344 | 7,265 | 79 | 4 |
| 2023-Q2 | Q1–Q2/2023 | 2023-06-14 | 84,805~ | 114,005 | 29,200~ | 7,363 | 19,808 | 6,213 | 13,595 | 3 |
| 2023-Q1 | Q4/2022–Q1/2023 | 2023-03-15 | 83,487 | 128,731 | 45,244 | 7,517 | 4,545 | 2,683 | 1,862 | 2 |
PARK24 Guidance Tracking (latest per metric/period · 4/4)
NadirAlpha records 4 guidance statements of PARK24 neutrally: annual and quarterly targets, direction of change and outcome as a dot with legend, with no estimate of our own. NadirAlpha methodology
Direction: confirmed Verdict: pending
| For period | Guided on | Metric | Guided | Verdict | Direction | Source |
|---|---|---|---|---|---|---|
| FY2026 | 2026-08-31 | Revenue | 411,000 | 12 | ||
| FY2026 | 2026-08-31 | EBIT | 42,500 | 12 | ||
| FY2026 | 2026-08-31 | Ordinary Income | 39,500 | 12 | ||
| FY2026 | 2026-08-31 | Net Income Attributable to Owners of the Parent | 44,000 | 12 |
PARK24 Stock: Price & Chart
Chart and key figure trend of PARK24 stock: the TradingView chart starts only on click, the key figure chart comes from the core tables up to H1 FY2026. NadirAlpha methodology
No embedded chart is licensed for this exchange; the chart opens on TradingView in a new tab.
PARK24 Event Timeline
NadirAlpha sorts 34 events of PARK24 by quarter, most recent first, each with source number and event type, management quotes as direct quotes at the start of the quarter. NadirAlpha methodology
2026 · 10 events
H1 net income attributable to parent surged 495.3% to 29,657 million yen, driven by a 31 billion yen deferred tax income from the UK business restructuring, not from recurring operations; special losses of approximately 12 billion yen were also recorded 11
H1 revenue rose 4.6% year on year to 202,275 million yen; operating income advanced 9.6% to 17,295 million yen, driven by solid domestic parking utilization 11
UK parking operations restructured from large long-term lease contracts to a small short-term Times Parking model; Singapore business divested 11
Net income more than doubled YoY (4,981.0 to JPY 29,657.0 million, +495%). 11
Nine-month net income attributable to parent significantly above prior year, supported by a 31.8 billion yen deferred tax income arising from the UK business restructuring 12
UK portfolio transition to small short-term Times Parking format completed; 1,291 new domestic cashless-only parking lots developed in the nine-month period; Times Car dedicated fleet reached 69,733 vehicles (109.2% of prior fiscal year-end) and membership grew to 4,057 thousand 12
FY2025 revenue JPY 406,168M (+9.5% from JPY 370,913M); Times Parking net new locations 1,784, Times Car fleet +12,829 vehicles; overseas parking broadly on track with partial regional underperformance 10
FY2027 medium-term plan final-year numerical targets published: revenue JPY 474.0B, operating income JPY 44.5B 10
Overseas parking business transferred to Times24 Co., Ltd. via corporate split effective 2025-11-01; additional acquisition of CP2 completed full consolidation of overseas operations into Times24 10
2025 · 6 events
H1 net income -44.7% to JPY 4,981M; JPY 3,329M special loss from termination of NATIONAL CAR PARKS LIMITED pension plan weighed on all profit stages 9
H1 revenue +10.0% to JPY 193,394M; domestic parking (Times Parking) +9.3%, Mobility segment +14.8%, overseas parking +6.1% 9
Three-year medium-term management plan (FY2025-FY2027) published targeting evolution into Mobility Services Platform 9
Operating income +21.0% to ¥38,697M; net income grew only +6.2% to ¥18,625M, held back by UK contract-related intangible impairment of ¥1,978M and Australia deferred tax asset write-off of ¥1,573M, excluding these items, underlying earnings grew faster 8
Full-year revenue +12.4% to ¥370,913M; Parking Business (Overseas) +18.6% to ¥82,411M, Mobility Business +14.0% to ¥112,058M, Parking Business (Domestic) +8.6% to ¥182,302M 8
Three-year medium-term management plan announced December 2024 targeting FY2027 revenue ¥474.0B, operating income ¥44.5B, and net income ¥28.0B 8
2024 · 7 events
H1 cumulative ordinary profit +30.5% to ¥14,998M; net income +12.9% to ¥9,009M 7
H1 cumulative revenue +12.0% YoY to ¥175,875M; Mobility Business H1 revenue +14.8% to ¥52,022M with fleet +4,316 vehicles and members reaching 2,693k 7
Revenue +9.8% YoY to ¥86,731M; Parking Business (Domestic) revenue +6.2% (269 new properties) and Mobility Business revenue +13.9% with members +5.8% to 2,564k 6
Full-year net income +608.3% to JPY 17,542M from JPY 2,476M in the prior year; ROE improved to 35.7% from 8.8% 5
Full-year revenue +13.7% to JPY 330,123M from JPY 290,253M in the prior year 5
Company ended fiscal year in net cash of JPY 1,941M; OCF grew 64% to JPY 48,188M, supported by CB refinancing executed in Feb 2023 5
2023 · 11 events
Net income more than doubled YoY (3,106.0 to JPY 9,563.0 million, +208%). 5
Operating income more than doubled YoY (5,556.0 to JPY 15,097.0 million, +172%). 3
9-month cumulative net income +561.2% YoY to JPY 15,293M; operating income +103.9% YoY to JPY 24,390M 4
Times Car large-scale mass-media promotion launched May 2023; members grew to 2,289,963 (+12.2% from prior fiscal year-end) 4
NCP (UK parking business) shareholder agreement amended: put option exercise window set Nov 2025, Feb 2026, estimated acquisition price approx. JPY 30,000M 4
Q2 net income swung from prior-year loss of JPY 630M to profit of JPY 7,979M 3
Mobility segment H1 operating income swung from prior-year loss of JPY 98M to profit of JPY 5,685M, driven by member and utilization growth 3
Q1 revenue +13.0% YoY to JPY 79,022M; operating income +80.9% YoY to JPY 8,416M 2
JPY 35,000M euro-yen convertible bonds (2028 maturity) issued Feb 2023; JPY 27,413M of 2025-maturity convertible bonds repurchased Feb 2023, initiating net debt reduction 2
PARK24 Business Model
The PARK24 business model in brief: products, customers and revenue sources as the company itself describes them in its reports. NadirAlpha methodology
Park24 CO., LTD. operates coin-operated and contract parking facilities in Japan primarily under the Times Parking brand, earning revenue from time-based parking fees and fixed monthly contract fees across a large urban network. PARK24 also provides carsharing services under the Times Car brand on a membership and pay-per-use basis, constituting its mobility business segment. Internationally, Park24 operates parking businesses in Australia and the United Kingdom under local branding, following the divestiture of the Singapore operation completed during the fiscal 2026 reporting year. Capital is deployed into new parking facility development, carsharing fleet expansion, and digital infrastructure including cashless payment systems, reflecting a dual focus on parking operations and mobility services.
PARK24 Stock: Share-Price Drivers
What determines the business trajectory of PARK24 according to management, summarised from the reports up to H1 FY2026. NadirAlpha methodology
The domestic parking business (Parking Business (Domestic)) is the largest revenue contributor at 105150 for 2026-H1 and the mobility business (Mobility Business) adds 66688, so these two units set the direction of group revenue and earnings 11
Park24's domestic parking is the largest segment at 105150 in 2026-H1 11, supported by network expansion using number-plate recognition cameras and the roll-out of the in-house Times Tower payment machine 8
PARK24's mobility segment generated 66688 in 2026-H1 11; traction is backed by refinement of the Times Car membership programme 8 and the February 2024 revision of distance fees and insurance charges 8
Park24's overseas parking recorded 33894 in 2026-H1 11 and is under restructuring, including UK reorganisation and insolvency proceedings for National Car Parks 11 and divestiture of the Singapore business 12; a company split transferred overseas parking to Times 24 11
Operating income rose from JPY 9,134 million 112 to JPY 11,651 million across the comparable quarters, with guidance confirmed; capex remained elevated at JPY 14,981 million for network build-out 8
Sector trend: Park24's reported KPIs point to broadly higher demand across both parking and car sharing, with group operating income increasing from JPY 9,134 million 112 to JPY 11,651 million. Capital spending stays elevated at JPY 14,981 million as the company expands its parking footprint and next-generation parking services 8, while overseas operations are being pared back through UK restructuring and the Singapore divestiture 11 12.
PARK24 Revenue by Type (as of 2026-H1 · JPY million · 3/3)
The segments of PARK24 in the company's own definition, each row with its basis (3, 6 or 12 months), rows in grey are no longer reported separately. NadirAlpha methodology
| Segment | Since | Revenue | Source |
|---|---|---|---|
| Period 2026-H1 (6M) | |||
| Parking Business (Domestic) | 2023-Q1 | 105,150 | 11 |
| Mobility Business | 2023-Q1 | 66,688 | 11 |
| Parking Business (Overseas) | 2023-Q1 | 33,894 | 11 |
PARK24 Transactions & Events (16)
All recorded acquisitions, divestitures and exits of PARK24, plus partnerships, contracts and regulatory events affecting the business, each with date and source. NadirAlpha methodology
Acquisitions by PARK24
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2026 | |||
| Company split of Overseas Parking Business | 2026 | Completed | 11 |
| Restructuring of UK parking business | 2026 | Completed | 12 |
| 2025 | |||
| Additional acquisition of CP2 shares | 2025-12 | Completed | 10 |
| Company split transferring Overseas Parking Business to Times24 Co., Ltd. | 2025-11 | Completed | 10 |
| Absorption-type split of Overseas Parking Business into Times24 | 2025-11 | Completed | 10 |
| Additional acquisition of MEIF II CP Holdings 2 Limited shares (2×) | 2025-11 | Completed | 11 |
| Execution of ¥35 billion borrowing | 2025-11 | Completed | 10 |
| 2023 | |||
| Issuance of bonds with share subscription rights | 2023-02 | Completed | 5 |
| Issuance of callable euro yen-denominated convertible bonds with share subscription rights maturing in 2028 | 2023-02 | Completed | 3 |
| 2022 | |||
| New Share Issuance | 2022-04 | Completed | 5 |
| 2020 | |||
| Subordinated Syndicated Loan (syndicated loan with subordination clause) | 2020-12 | Completed | 5 |
| 2017 | |||
| UK Parking Business (NCP) Grouping (consolidation of UK parking operations under NCP) | 2017-07 | Completed | 5 |
| UK Business Restructuring (NATIONAL CAR PARKS LIMITED insolvency, reorganization and liquidation proceedings) (NCP insolvency, reorganization and liquidation) | 2017-07 | Completed | 11 |
| Oceania and Europe Expansion (M&A) (acquisitions in Oceania and Europe) | 2017 | Completed | 5 |
Divestitures and exits by PARK24
PARK24 Risks (26 since the annual report of 2026-01-28, 65 tracked in total)
Risk factors PARK24 itself names in its reports, merged by topic across periods, with category, first mention and source; new risks of the latest period come first. NadirAlpha methodology
Category: LegalCustomersMacroRegulatoryFinancialSupply chainPeopleTechnology経営戦略CyberCompetitionMarket
| Risk | Category | Last reported |
|---|---|---|
| PARK24: first mention in Half-year report (EDINET) of 2026-06-15 (2026-H1), source 11 | ||
| 英国子会社NATIONAL CAR PARKS LIMITED等が企業倒産法に基づく倒産更生・清算手続きを開始 | = | |
| Parking Business (Overseas)におけるポートフォリオ最適化を進めるため、事業リスク低減に向けた構造改革を実施 | = | |
| PARK24: first mention in Quarterly report (EDINET) of 2026-08-31, source 12 | ||
| 駐車場事業における利用者集中リスク | = | |
| 海外駐車場事業における為替変動リスク(豪州含む) | = | |
| 複数国での事業展開に伴う法的リスク | = | |
| 各国駐車場・Mobility Businessの規制変更リスク | = | |
| PARK24: first mention in Annual report (EDINET) of 2026-01-28 (FY2025), source 10 | ||
| 信用格付け格下げや金利上昇による資金調達コスト増加リスク | = | |
| 英国豪州等駐車場運営の事業環境変化と収益性低下リスク | = | |
| 土地賃借契約解約や地価上昇による収益性低下リスク | = | |
| 取引先の供給不足・価格高騰・法令違反による悪影響リスク | = | |
| 英国・豪州等での予期できない租税制度・法律・規制改正リスク | = | |
| 人材戦略実行不全による生産性向上困難リスク | = | |
| 事業領域全体での人権侵害による信用失墜リスク | = | |
| 施設・設備・車両の整備不備による重大事故リスク | = | |
| 税務上の繰越欠損金18,072百万円に対する評価性引当額制限 | = | |
| 英国版タイムズパーキング運営件数誤りへの内部統制強化実施 | = | |
| 計画通りの遂行ができない可能性がある中期経営計画及び中長期ビジョン達成リスク | = | |
| 不正アクセス等による大規模情報漏えいリスク | = | |
| 新規借入により総借入金が137,645百万円に増加 | = | |
| 為替相場の急激な変動による財務成績悪影響リスク | = | |
| 地震・津波等の自然災害によるサービス提供困難リスク | = | |
| 自然災害・サイバー攻撃によるシステム障害リスク | = | |
| 同業他社やオートリース会社との品質・価格・サービス競争リスク | = | |
| PARK24: first mention in Annual report (EDINET) of 2024-01-26 (FY2023), source 5 | ||
| Parking Business (Overseas)で2,486百万円の減損損失を計上 | FY2025 2026-01-28 10 | |
| PARK24 INTERNATIONAL LIMITED及びPARK24 AUSTRALIA PTY LTD事業環境悪化によりのれん減損認識 | FY2025 2026-01-28 10 | |
| 環境規制強化やEV導入コスト増加による経営成績悪影響リスク | FY2025 2026-01-28 10 | |
PARK24 Reported KPIs (as disclosed) (3)
Figures PARK24 discloses itself in addition to the standard financials, such as order intake, recurring revenue or unit counts, as reported and with no calculation of our own. NadirAlpha methodology
| KPI | Value / change | Source |
|---|---|---|
| PARK24, published 2026-01-28, period FY2025 | ||
| ROIC | 10.2 | 10 |
| PARK24, published 2025-01-30, period FY2024 | ||
| ROIC | 11.3 | 8 |
| PARK24, published 2023-09-14, period 2023-Q3 | ||
| equity ratio | 18.6 | 4 |
PARK24 Development
A condensed summary of PARK24 per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. NadirAlpha methodology
FY2026: PARK24
Park24 reported cumulative nine-month revenue of 101,774 million yen and operating income of 11,651 million yen in fiscal year 2026, supported by steady domestic parking utilization and accelerating conversion of parking sites to cashless-only formats 12. For the first half, revenue advanced 4.6% year on year to 202,275 million yen and operating income rose 9.6% to 17,295 million yen 11. Net income attributable to parent shareholders reached 29,657 million yen in the first half, significantly above the prior-year level, as a 31 billion yen deferred tax income was recognized in connection with the restructuring of the UK business, partially offset by approximately 12 billion yen in related special losses 11. Park24 reshaped its international portfolio by transitioning UK parking operations from large long-term lease contracts to a smaller short-term Times Parking format and by completing the sale of its Singapore business 11 12. Capital expenditure for the nine-month period totalled 14,981 million yen, and net debt stood at 134,362 million yen at the half-year balance sheet date 12.
FY2025: PARK24
In FY2025 (fiscal year ended October 2025), PARK24 CO., LTD. reported consolidated revenue of JPY 406,168 million, up 9.5% from JPY 370,913 million in FY2024, driven by continued expansion in the domestic parking segment, with 1,784 net new Times Parking locations added during the year, and growth in the Mobility segment, which expanded the Times Car fleet by 12,829 vehicles 10. Operating income declined to JPY 37,561 million from JPY 38,697 million, and net income attributable to parent shareholders fell to JPY 15,917 million from JPY 18,625 million, reflecting a JPY 3,350 million special loss from the termination of the pension plan at UK subsidiary NATIONAL CAR PARKS LIMITED and a JPY 2,453 million impairment on UK contract-related intangible assets 10. Through the first nine months, cumulative operating cash flow reached JPY 36,794 million against capital expenditure of JPY 40,591 million, with full-year operating cash flow rising to JPY 62,880 million 112 10. The equity ratio improved to 27.7% from 26.4% and net assets increased to JPY 98,193 million from JPY 78,144 million, supported in part by a JPY 28 billion capital reserve reduction transferred to other capital surplus 10. PARK24 transferred its overseas parking business to Times24 Co., Ltd. via corporate split effective November 1, 2025, and published three-year medium-term management plan final-year targets of JPY 474.0 billion in revenue and JPY 44.5 billion in operating income by FY2027 10.
FY2024: PARK24
In fiscal year 2024 (November 2023 to October 2024), Park24 Co., Ltd. reported consolidated revenue of ¥370,913M, a 12.4% increase over the prior year, with all three segments contributing: Parking Business (Domestic) at ¥182,302M (+8.6%), Parking Business (Overseas) at ¥82,411M (+18.6%), and Mobility Business at ¥112,058M (+14.0%) 8. Operating income rose 21.0% to ¥38,697M, while net income attributable to parent shareholders grew 6.2% to ¥18,625M (¥99.81 per diluted share), with net income growth constrained by a contract-related intangible asset impairment of ¥1,978M in the UK business and a deferred tax asset write-off of ¥1,573M in the Australian holding company 8. The Parking Business (Overseas) segment recorded an operating loss of ¥967M despite strong revenue growth, reflecting those one-off charges 8. The equity ratio improved from 18.9% to 26.4% and interest-bearing debt declined by ¥26,740M to ¥143,983M over the fiscal year 8. In December 2024, the company published a three-year medium-term management plan with fiscal 2027 targets of ¥474.0B in revenue and ¥44.5B in operating income 8.
FY2023: PARK24
PARK24 CO LTD reported consolidated revenue of JPY 330,123 million for fiscal year 2023 (ending October 2023), a 13.7% increase from the prior year, with operating income rising 54.7% to JPY 31,986 million 5. Net income attributable to the parent reached JPY 17,542 million, a 608.3% increase from JPY 2,476 million in the prior year, lifting return on equity to 35.7% from 8.8% 5. Times Club membership reached the medium-term target of 10 million in January 2023, and the Mobility business (Times Car) expanded to 2,423,817 members and 60,047 vehicles by fiscal year-end, increases of 18.8% and 13.2% respectively 5. Domestic parking operations completed 974 new developments to reach 17,639 managed locations and 576,262 managed spaces, while overseas managed locations grew 9.4% to 2,586 5. Operating cash flow increased 64% to JPY 48,188 million, and the company transitioned from net debt to a net cash position of JPY 1,941 million by fiscal year-end 5.
Glossary
- Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
- Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
- Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
- EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
- FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
- OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
- Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
- Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
- *: derived, the formula is in the hover
- ≈: calculated, approximation
- ~: uncertain; the value stays visible, verdicts do not use it
- °: repaired by a targeted query against the document, or curated with documentary evidence
- EBIT: EBIT as a fallback: the income statement carries no operating line
- basic: basic earnings per share as a fallback when diluted is missing
Sources: quarterly reports, annual reports and investor relations documents
All original documents NadirAlpha used for this report on PARK24 stock: quarterly and annual reports, earnings releases and investor relations documents, sorted by publication, the document type is the link. Note on EDINET (Japan): direct retrieval via the EDINET API requires a free API key; alternatively all documents are freely available via the EDINET search (disclosure2.edinet-fsa.go.jp). NadirAlpha methodology
| # | Document type | Published |
|---|---|---|
| #1 / #101 | Annual report (EDINET) | 2023-01-27 |
| #2 / #102 | Quarterly report (EDINET) | 2023-03-15 |
| #3 / #103 | Quarterly report (EDINET) | 2023-06-14 |
| #4 / #104 | Quarterly report (EDINET) | 2023-09-14 |
| #5 / #105 | Annual report (EDINET) | 2024-01-26 |
| #6 / #106 | Quarterly report (EDINET) | 2024-03-14 |
| #7 / #107 | Quarterly report (EDINET) | 2024-06-14 |
| #8 / #108 | Annual report (EDINET) | 2025-01-30 |
| #9 / #109 | Half-year report (EDINET) | 2025-07-15 |
| #10 / #110 | Annual report (EDINET) | 2026-01-28 |
| #11 / #111 | Half-year report (EDINET) | 2026-06-15 |
| #12 / #112 | Quarterly report (EDINET) | 2026-08-31 |
PARK24 Stock FAQ
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including Revenue. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Where can I find the official investor relations documents of PARK24?
NadirAlpha links all 12 original filings used (EDINET filings) in the sources chapter: quarterly report, annual report, half-year report, each with type, publication date and a direct link; every figure in the report carries a source number.