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Park24 Co. Reports Strong Growth in Parking and Mobility Services

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Park24 Co. Reports Strong Growth in Parking and Mobility Services

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An announcement from Park24 Co ( (JP:4666) ) is now available.

In July, Park24 Co. reported a 110.2% year-over-year increase in sales for its Times PARKING business, with notable growth in newly developed sites and spaces. The company also saw a steady increase in Times CAR vehicle usage and membership, while international parking occupancy rates remained stable or improved. This growth reflects Park24’s strategic focus on expanding its parking and mobility services, potentially strengthening its market position and benefiting stakeholders.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 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. operates in the parking and mobility industry, primarily offering parking services through its Times PARKING brand and car-sharing services via Times CAR. The company focuses on expanding its parking sites and spaces, both domestically in Japan and internationally, with operations in the UK and Australia.

Average Trading Volume: 823,936

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen342.1B

Learn more about 4666 stock on TipRanks’ Stock Analysis page.

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