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Nippon Parking Development Co., Ltd. ( (JP:2353) ) just unveiled an announcement.
Nippon Parking Development reported consolidated net sales of ¥19.9 billion for the six months ended January 31, 2026, up 8.1% year on year, with operating profit rising 6.3% to ¥4.43 billion and profit attributable to owners of parent edging up 3.4% to ¥2.66 billion. While assets expanded to ¥54.0 billion, the equity ratio declined to 35.1%, and the company maintained its full-year forecast of ¥40.8 billion in sales and ¥5.7 billion in profit, alongside a planned annual dividend increase to ¥9 per share, signaling confidence in continued earnings growth despite a slightly weaker capital ratio.
The most recent analyst rating on (JP:2353) stock is a Hold with a Yen299.00 price target. To see the full list of analyst forecasts on Nippon Parking Development Co., Ltd. stock, see the JP:2353 Stock Forecast page.
More about Nippon Parking Development Co., Ltd.
Nippon Parking Development Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange that operates in the parking and related services industry. The group develops and manages parking facilities and associated businesses, targeting urban markets where it aims to capture stable, recurring revenue from mobility and real estate-linked demand.
Average Trading Volume: 1,533,612
Technical Sentiment Signal: Buy
Current Market Cap: Yen90.75B
For an in-depth examination of 2353 stock, go to TipRanks’ Overview page.