Nippon Parking Development Co., Ltd. (2353) AI Stock Analysis

• Market Cap: €92.38B
• Dividend Yield: 2.97%
• Average Volume (3M): 858.89K
• Price to Earnings (P/E): 18.8
• Beta (1Y): 0.59
• Revenue Growth: 10.32%
• EPS Growth: -6.40%
• Country: JP
• Employees: 1,082
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 4.34
• Shares Outstanding: 348,398,600
• 10 Day Avg. Volume: 829,350
• 30 Day Avg. Volume: 858,893
• PEG Ratio: -2.70
• Price to Book (P/B): 4.39
• Price to Sales (P/S): 2.32
• P/FCF Ratio: 22.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ¥312.00 ▲(15.99% Upside)

Nippon Parking Development Co., Ltd. demonstrates strong financial performance with solid revenue growth and profitability, which is the most significant factor in the overall score. The technical analysis presents mixed signals, with short-term weakness but longer-term strength. The valuation is reasonable, with a balanced P/E ratio and attractive dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong demand for services and effective market penetration, supporting long-term business sustainability.

Profitability Margins

Robust profitability margins reflect efficient cost management and pricing power, enhancing the company's ability to reinvest in growth opportunities.

Cash Flow Management

Effective cash flow management ensures liquidity and financial flexibility, enabling the company to fund operations and strategic initiatives.

Negative Factors

Rising Debt Levels

Rising debt levels could strain financial resources and limit strategic options, necessitating careful monitoring to maintain financial health.

Decline in Net Income

A decline in net income may indicate rising costs or operational inefficiencies, potentially impacting future profitability if not addressed.

Earnings Growth Concerns

Negative EPS growth suggests challenges in maintaining earnings momentum, which could affect investor confidence and future capital raising.

Nippon Parking Development Co., Ltd. Business Overview & Revenue Model

Company Description

NIPPON PARKING DEVELOPMENT Co.,Ltd. provides consulting services for parking lot to consumer and corporate businesses in Japan. The company offers vehicle solution, which includes car sharing, rental parking, rental car, and parking management operation; ski resort operation, theme park, and amusement park consulting; tutorial; healthcare; educational support; and health management services. NIPPON PARKING DEVELOPMENT Co.,Ltd. was founded in 1991 and is headquartered in Osaka, Japan.

How the Company Makes Money

Nippon Parking Development generates revenue primarily through the leasing and operation of parking spaces in its facilities. The company earns income from monthly parking fees charged to individuals and businesses, as well as hourly rates for short-term parking. Additionally, it may derive revenue from sales of parking management software and technology solutions to other operators. Key revenue streams also include partnerships with local governments and commercial entities for the development of parking infrastructure in high-demand areas, enhancing both visibility and accessibility of their services.

Nippon Parking Development Co., Ltd. Financial Statement Overview

Summary

Nippon Parking Development Co., Ltd. exhibits strong financial performance with consistent revenue growth, robust profitability margins, and effective cash flow management. The balance sheet is stable, though rising debt levels should be monitored.

Income Statement

Nippon Parking Development Co., Ltd. has shown consistent revenue growth over the years, with a notable increase of 4.78% in the latest period. The company maintains strong profitability with a gross profit margin of 39.98% and a net profit margin of 13.03% for the latest year. The EBIT and EBITDA margins are also robust at 20.79% and 26.17%, respectively, indicating efficient operational management. However, the slight decline in net income compared to the previous year suggests a need for cautious monitoring of expenses.

Balance Sheet

The company's balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.96, indicating a balanced approach to leveraging. The return on equity is strong at 24.70%, showcasing effective use of shareholder funds. The equity ratio stands at 38.88%, suggesting a solid equity base relative to total assets. However, the increase in total debt over the years warrants attention to ensure sustainable debt management.

Cash Flow

Nippon Parking Development Co., Ltd. demonstrates strong cash flow management with a significant increase in free cash flow, marked by an 'Infinity' growth rate due to a low base in the previous year. The operating cash flow to net income ratio is healthy at 1.71, indicating good cash generation relative to net income. The free cash flow to net income ratio is 0.77, reflecting efficient conversion of earnings into free cash flow. The company should continue to focus on maintaining this positive cash flow trajectory.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.83B	36.83B	32.69B	31.86B	26.27B	23.79B
Gross Profit	14.73B	14.73B	12.67B	11.97B	9.74B	8.34B
EBITDA	9.39B	9.64B	8.32B	7.62B	5.77B	4.57B
Net Income	4.80B	4.80B	5.10B	4.41B	3.13B	2.34B
Balance Sheet
Total Assets	49.98B	49.98B	42.14B	29.01B	27.60B	28.71B
Cash, Cash Equivalents and Short-Term Investments	21.66B	21.66B	16.62B	11.05B	11.64B	13.46B
Total Debt	18.63B	18.63B	15.95B	7.91B	9.30B	11.43B
Total Liabilities	27.11B	27.11B	23.57B	15.06B	15.87B	17.98B
Stockholders Equity	19.43B	19.43B	15.86B	11.76B	9.91B	8.96B
Cash Flow
Free Cash Flow	0.00	3.71B	648.76M	1.90B	2.21B	1.09B
Operating Cash Flow	0.00	8.18B	6.20B	6.12B	3.94B	3.41B
Investing Cash Flow	0.00	-4.89B	-7.36B	-2.57B	-1.36B	-2.20B
Financing Cash Flow	0.00	1.20B	6.49B	-4.25B	-4.50B	-4.22B

Nippon Parking Development Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 269.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2353, the sentiment is Negative. The current price of 269 is below the 20-day moving average (MA) of 275.15, below the 50-day MA of 275.62, and above the 200-day MA of 253.64, indicating a neutral trend. The MACD of -0.57 indicates Positive momentum. The RSI at 42.46 is Neutral, neither overbought nor oversold. The STOCH value of 8.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:2353.

Nippon Parking Development Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1852	82 Outperform	¥72.54B	14.35	―	3.82%	18.01%	15.27%
1950	80 Outperform	¥196.40B	11.94	―	2.91%	10.62%	64.25%
1871	79 Outperform	¥85.80B	10.63	―	3.56%	5.39%	33.02%
1982	77 Outperform	¥99.72B	15.18	―	2.22%	4.81%	-1.16%
2353	76 Outperform	€92.38B	18.81	29.70%	2.97%	10.32%	-6.40%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
4666	63 Neutral	$299.86B	21.54	16.74%	1.63%	10.53%	-17.65%

Nippon Parking Development Co., Ltd. Corporate Events

Nippon Parking Development Expands with Strategic Acquisition in Izu

Nippon Parking Development Co., Ltd. announced that its subsidiary, Nippon Themepark Development Co., Ltd., has entered into a share transfer agreement to acquire shares of NX Real Estate Co., Ltd. This acquisition is part of their strategy to expand nationwide and enhance regional revitalization through tourism. The move aligns with their goal to establish a stable revenue base in the Izu area, leveraging its tourism resources. The company plans to further develop the Izu region by acquiring shares of Izu Kanko Kaihatsu and operating the Amagi Tokyu Resort, aiming to create core bases for revitalization.

Nippon Parking Development Reports Mixed Financial Results for Q3 2025

Nippon Parking Development Co., Ltd. reported its consolidated financial results for the three months ended October 31, 2025. The company saw a 4.9% increase in net sales compared to the previous year, reaching 9,206 million yen. However, operating profit decreased by 1.8% to 1,928 million yen. The company’s equity-to-asset ratio also declined from 38.3% in July 2025 to 33.9% in October 2025, indicating a shift in financial stability. Despite these mixed results, the company maintained its dividend forecast for the fiscal year ending July 31, 2026.

Nippon Parking Development Announces Key Personnel Changes

Nippon Parking Development Co., Ltd. announced significant personnel changes following their 34th Annual General Meeting of Shareholders. These changes, effective October 23, 2025, include appointments and reassignments within the Board of Directors and Audit & Supervisory Board, potentially impacting the company’s strategic direction and governance structure.

Nippon Parking Development Affirms Independence Amid Affiliation

Nippon Parking Development Co., Ltd. announced that Tatsumi Shoten Co., Ltd., an asset management company wholly owned by one of its officers, is categorized as an ‘other affiliated company’ with a 34% voting rights stake. Despite this affiliation, Nippon Parking Development maintains its operational independence, as there are no business ties or management influence from Tatsumi Shoten. The announcement reassures stakeholders of the company’s autonomous management and transparent operations.

Nippon Parking Development Approves Key Proposals at Annual Meeting

Nippon Parking Development Co., Ltd. announced the approval of all proposals at its 34th Annual General Meeting of Shareholders. Key decisions included a cash dividend of ¥8.00 per share, the election of 13 directors and one audit & supervisory board member, and the issuance of stock acquisition rights as stock options. These approvals are expected to enhance the company’s governance and provide incentives for directors and employees, potentially strengthening its market position.

Nippon Parking Development Reports Subsidiary’s Financial Discrepancies

Nippon Parking Development Co., Ltd. announced discrepancies between the actual financial results of its subsidiary, Nippon Ski Resort Development Co., Ltd., for the fiscal year ending July 2025 and the previous year’s forecast. Despite these differences, the impact on the company’s consolidated earnings forecast is expected to be minimal.

Nippon Parking Development to Issue Stock Options to Boost Corporate Value

Nippon Parking Development Co., Ltd. announced its plan to issue stock options in the form of share acquisition rights to its directors, employees, and subsidiaries, aiming to boost motivation and corporate value. This strategic move is intended to align the interests of the company’s stakeholders with its business performance, potentially impacting its market position positively.

Nippon Parking Development Proposes Director Compensation Increase

Nippon Parking Development Co., Ltd. announced a proposal to revise the compensation for its Directors and Outside Directors, which will be presented at the upcoming Annual General Meeting of Shareholders. The proposed revision increases the compensation cap from ¥400 million to ¥500 million annually, reflecting the company’s business performance, economic conditions, and an anticipated increase in the number of Directors from 11 to 13.

Nippon Parking Development Expands Board to Enhance Governance

Nippon Parking Development Co., Ltd. announced its decision to appoint new candidates for its Board of Directors and Audit & Supervisory Board Members at its upcoming Annual General Meeting. The company plans to increase the number of directors from eleven to thirteen, reflecting its strategic focus on strengthening governance and oversight. This decision is expected to impact the company’s operational efficiency and industry positioning positively.

Nippon Parking Development Announces Increased Dividend for FY2025

Nippon Parking Development Co., Ltd. has announced a proposal to increase its dividend per share to ¥8.00 for the fiscal year 2025, marking a 45.5% increase from the previous year. This decision reflects the company’s ongoing commitment to enhancing shareholder returns and improving corporate value, with plans to further increase the dividend to ¥9.00 per share in the next fiscal year.

Nippon Parking Development Reports Strong Sales Growth Amid Profit Challenges

Nippon Parking Development Co., Ltd. reported a significant increase in net sales and operating profit for the fiscal year ended July 31, 2025, with net sales rising by 12.7% and operating profit by 18.5%. Despite the growth in sales and profits, the profit attributable to owners of the parent decreased by 6.0%, indicating challenges in maintaining profitability. The company also announced an increase in dividends, reflecting a commitment to returning value to shareholders.