Park24 Postpones Financial Results Due to Data Inaccuracies

Park24 Co ( (JP:4666) ) has shared an update.

Park24 Co., Ltd. has announced the postponement of its financial results for the first half of FY2025 and is considering an extension for submitting its semi-annual report. This decision follows the discovery of inaccuracies in previously reported data on parking sites and spaces in the UK, which impacts the company’s financial statements and goodwill valuation. An internal investigation committee has been established to address these issues, and the company plans to disclose further details once the investigation concludes.

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., Ltd. operates in the parking industry, focusing on the development and management of parking facilities. The company is known for its Localized Times Parking business, which offers short-term contract parking solutions tailored to regional demand. Park24 aims to optimize its business portfolio and drive medium- to long-term growth by expanding its network of parking sites and spaces, particularly in international markets.

Average Trading Volume: 645,041

Technical Sentiment Signal: Buy

Current Market Cap: Yen341B

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