Park24 Co ( (JP:4666) ) has provided an announcement.
Park24 Co., Ltd. has announced the dissolution of the defined benefit corporate pension fund for its UK subsidiary, National Car Parks Limited. This decision eliminates uncertainties related to pension asset management risks and results in an extraordinary loss of 3,194 million yen in the company’s financial statement for the fiscal year ending October 31, 2025. The dissolution is expected to stabilize the company’s financial standing without impacting total net assets.
More about Park24 Co
Park24 Co., Ltd. operates in the parking and car rental industry, primarily offering parking services and solutions. The company has a significant market presence in Japan and the UK, focusing on providing convenient and efficient parking management services.
YTD Price Performance: -1.22%
Average Trading Volume: 200
Technical Sentiment Signal: Sell
Current Market Cap: $2.34B
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