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Park24 Co ( (JP:4666) ) has shared an update.
Park24 Co., Ltd. has announced its decision to make an early repayment of a 50 billion yen subordinated syndicated loan, originally procured in December 2020 to maintain financial health during the COVID-19 pandemic. This move reflects the company’s improved financial position and profitability following the recovery in travel demand and the implementation of a lean business structure. The early repayment is expected to reduce interest expenses, positively impacting the company’s financial results for the fiscal period ending October 31, 2026.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
More about Park24 Co
Park24 Co., Ltd. operates in the transportation and parking industry, providing parking services and solutions. The company focuses on enhancing mobility and convenience for its customers, adapting to changes in travel demand and urban mobility trends.
YTD Price Performance: -14.09%
Average Trading Volume: 877,970
Technical Sentiment Signal: Hold
Current Market Cap: Yen318.9B
See more data about 4666 stock on TipRanks’ Stock Analysis page.