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

• Market Cap: €84.87B
• Dividend Yield: 2.12%
• Average Volume (3M): 1.47M
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.47
• Revenue Growth: 13.06%
• EPS Growth: 23.15%
• Country: JP
• Employees: 1,082
• Sector: Industrials
• Sector Strength: 91
• Industry: Industrial - Infrastructure Operations
• EPS (TTM): 3.75
• Shares Outstanding: 348,398,600
• 10 Day Avg. Volume: 1,724,540
• 30 Day Avg. Volume: 1,467,403
• PEG Ratio: 0.36
• Price to Book (P/B): 5.81
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 36.05
• 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: €289.51
• Price Target Upside: 10.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 78 Outperform
• Price Target: ¥289.00 ▲(10.73%Upside)

Nippon Parking Development Co., Ltd. scores strongly due to its solid financial performance and positive technical indicators. Despite the lack of current cash flow data, which poses a risk to liquidity, the company's strong profitability, operational efficiency, and reasonable valuation contribute to a favorable stock outlook.

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 Co., Ltd. generates revenue primarily through the management and operation of parking facilities. Its key revenue streams include parking fees collected from managed parking lots, service fees from parking facility management contracts, and charges associated with additional services such as car washing or valet parking. Beyond parking, the company's involvement in ski resort management and leisure facility operations contributes to its earnings. These activities include revenue from ski lift tickets, equipment rentals, and hospitality services within the leisure facilities. The company's business model relies on strategic partnerships with local governments, real estate developers, and commercial businesses to secure locations for parking and leisure facilities, ensuring steady income through contracts and facility usage fees.

Nippon Parking Development Co., Ltd. Financial Statement Overview

Summary

Nippon Parking Development Co., Ltd. demonstrates strong profitability and operational efficiency with a robust income statement. The balance sheet is solid with reasonable leverage and healthy equity levels. However, the absence of current cash flow data is a concern, necessitating careful monitoring of liquidity.

Income Statement

Nippon Parking Development has demonstrated impressive revenue growth with a TTM revenue increase of 7.52% compared to the previous annual period. The gross profit margin stands strong at 39.87% for the TTM, supported by a solid net profit margin of 15.27%. These metrics highlight robust profitability. The EBIT margin of 20.92% and EBITDA margin of 26.08% further emphasize operational efficiency and sound financial health.

Balance Sheet

The company's balance sheet is solid, with a debt-to-equity ratio of 0.95, indicating a balanced approach to leveraging. The return on equity (ROE) is strong at 31.68% for the TTM, reflecting effective utilization of shareholder investments. The equity ratio is 38.04%, suggesting a balanced capital structure with a satisfactory level of equity financing.

Cash Flow

The cash flow statement presents challenges with no operating cash flow recorded for the TTM, impacting the calculation of key cash flow ratios. Historical data shows positive free cash flow growth, but the absence of recent cash flow figures is a concern for liquidity analysis.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	35.15B	32.69B	31.86B	26.27B	23.79B	22.98B
Gross Profit	14.02B	12.67B	11.97B	9.74B	8.34B	8.11B
EBITDA	9.17B	8.32B	7.62B	5.77B	4.57B	3.74B
Net Income	5.37B	5.10B	4.41B	3.13B	2.34B	1.20B
Balance Sheet
Total Assets	44.55B	42.14B	29.01B	27.60B	28.71B	30.60B
Cash, Cash Equivalents and Short-Term Investments	16.36B	16.62B	11.05B	11.64B	13.46B	16.48B
Total Debt	16.14B	15.95B	7.91B	9.30B	11.43B	12.97B
Total Liabilities	24.60B	23.57B	15.06B	15.87B	17.98B	19.55B
Stockholders Equity	16.95B	15.86B	11.76B	9.91B	8.96B	8.93B
Cash Flow
Free Cash Flow	0.00	648.76M	1.90B	2.21B	1.09B	388.99M
Operating Cash Flow	0.00	6.20B	6.12B	3.94B	3.41B	2.98B
Investing Cash Flow	0.00	-7.36B	-2.57B	-1.36B	-2.20B	-1.18B
Financing Cash Flow	0.00	6.49B	-4.25B	-4.50B	-4.22B	4.11B

Nippon Parking Development Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 261.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2353, the sentiment is Positive. The current price of 261 is above the 20-day moving average (MA) of 255.00, above the 50-day MA of 247.12, and above the 200-day MA of 228.31, indicating a bullish trend. The MACD of 3.73 indicates Positive momentum. The RSI at 59.56 is Neutral, neither overbought nor oversold. The STOCH value of 39.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
2353	78 Outperform	€84.87B	15.39	33.42%	2.12%	13.06%	23.15%
Sector *	67 Neutral	£2.82B	10.41	4.69%	3.53%	2.40%	-24.53%
PKCOF	―	$2.22B	18.52	25.23%	0.25%	―	―
1871	84 Outperform	¥85.47B	10.40		5.47%	4.90%	62.09%
1852	81 Outperform	¥62.28B	13.25		5.71%	9.39%	-5.73%
1950	78 Outperform	¥167.76B	12.19		3.30%	11.80%	34.91%
1982	78 Outperform	¥84.16B	14.07		2.68%	7.19%	25.44%

Nippon Parking Development Co., Ltd. Corporate Events

Nippon Parking Development Expands Theme Park Business with Strategic Acquisition

Nippon Theme Park Development Co., Ltd., a subsidiary of Nippon Parking Development, has acquired shares in Izu Kanko Kaihatsu Co., Ltd., which operates the AMAGI TOKYU RESORT. This acquisition is part of Nippon’s strategy to expand its theme park business and contribute to regional revitalization through tourism. The company aims to leverage the resort’s location and amenities to stabilize revenue and promote Japan’s premium tourism assets globally, enhancing its industry positioning and stakeholder value.

Nippon Parking Development to Acquire Treasury Shares for Capital Efficiency

Nippon Parking Development Co., Ltd. announced a resolution to acquire up to 4,000,000 of its own shares, representing 1.25% of its total issued shares, with a maximum acquisition cost of JPY 1 billion. This move is intended to improve shareholder returns, enhance capital efficiency, and allow flexibility in capital policy amid changing business conditions.

Nippon Parking Development Revises Earnings Forecast Upward

Nippon Parking Development Co., Ltd. has revised its full-year earnings forecast for the fiscal year ending July 2025, reflecting an increase in operating and ordinary profit by 4.2% and profit attributable to owners by 2.1%. This adjustment is attributed to higher-than-expected visitor numbers at its ski resort facilities during the winter season, indicating a positive impact on the company’s financial performance and market positioning.

Nippon Parking Development Reports Strong Financial Growth and Revises Earnings Forecast

Nippon Parking Development Co., Ltd. reported a significant increase in its financial performance for the nine months ended April 30, 2025, with net sales rising by 13.3% and operating profit increasing by 23.6% compared to the previous year. The company also announced a revision to its full-year earnings forecast, indicating an optimistic outlook for the fiscal year ending July 31, 2025, despite a slight decrease in profit attributable to owners of the parent.

Nippon Parking Development Announces Parent Company Financial Results

Nippon Parking Development Co., Ltd. announced the finalized financial results for its unlisted parent company, Tatsumi Shoten Co., Ltd., for the fiscal year ended February 2025. Tatsumi Shoten, which engages in real estate leasing and equity investment, is wholly owned by Kazuhisa Tatsumi. This announcement highlights the financial transparency and governance structure of the parent company, which may impact stakeholders’ perceptions and the company’s strategic positioning in the market.