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Park24 Co
(4666)
Park24 Co (4666) vs. iShares MSCI Japan ETF (EWJ)
Park24 Co Business Overview & Revenue Model
Park24 Co Earnings Call Summary
Park24 Co Financial Statement Overview
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 415.45B | 406.17B | 370.91B | 330.12B | 290.25B | 251.10B |
| Gross Profit | 104.42B | 102.82B | 102.07B | 89.63B | 70.59B | 40.69B |
| EBITDA | 67.55B | 68.50B | 71.13B | 61.06B | 49.43B | 28.38B |
| Net Income | 16.55B | 15.92B | 18.63B | 17.54B | 2.48B | -11.66B |
Balance Sheet | ||||||
| Total Assets | 311.11B | 354.38B | 295.70B | 308.16B | 307.63B | 319.63B |
| Cash, Cash Equivalents and Short-Term Investments | 32.93B | 80.47B | 55.88B | 73.96B | 85.78B | 92.04B |
| Total Debt | 187.36B | 172.64B | 143.98B | 170.72B | 194.91B | 228.29B |
| Total Liabilities | 240.07B | 256.18B | 217.56B | 249.74B | 267.58B | 303.19B |
| Stockholders Equity | 71.03B | 98.19B | 78.14B | 58.42B | 40.04B | 16.43B |
Cash Flow | ||||||
| Free Cash Flow | 13.91B | 21.88B | 21.66B | 21.76B | 13.33B | 20.23B |
| Operating Cash Flow | 61.32B | 62.47B | 54.18B | 48.19B | 29.37B | 34.82B |
| Investing Cash Flow | -51.00B | -46.06B | -37.56B | -25.66B | -17.36B | -12.35B |
| Financing Cash Flow | -24.60B | 14.83B | -42.51B | -35.63B | -20.12B | 13.17B |
Park24 Co Technical Analysis
Park24 Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥93.69B | 19.09 | 29.70% | 3.04% | 10.32% | -6.40% | |
72 Outperform | ¥688.51B | 12.68 | 13.92% | 1.50% | 6.30% | -16.29% | |
72 Outperform | ¥496.79B | 15.99 | 15.15% | 2.25% | 12.25% | 25.90% | |
72 Outperform | $475.32B | 13.41 | 9.06% | 2.62% | 6.97% | 8.61% | |
70 Outperform | ¥641.40B | 14.27 | 8.51% | 2.96% | -2.82% | -50.73% | |
65 Neutral | ¥383.67B | 23.21 | 18.49% | 1.45% | 9.50% | -14.58% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Park24 Co Corporate Events
Park24 reported consolidated Q1 FY2026 net sales of ¥106.5 billion, up about 10% year on year, with operating profit roughly flat at ¥9.2 billion as rising costs compressed margins. Net profit attributable to owners of the parent recovered to ¥5.8 billion, lifting EPS, while EBITDA increased modestly, signalling stable underlying cash-generating capacity despite margin pressure.
The balance sheet shows total assets at about ¥311.1 billion, with cash and deposits sharply lower and the net debt-to-equity ratio jumping to 1.76 times, reflecting reduced liquidity and higher leverage. Capital investment surged, particularly in Japan’s parking and mobility businesses, as Park24 ramps up network expansion and vehicle deployment, but free cash flow turned negative in Q1, highlighting the short-term cash drain from aggressive growth spending and its implications for financial flexibility.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 reported a 9.5% year-on-year rise in net sales to ¥106.5 billion for the first quarter ended January 31, 2026, while operating and recurring profit dipped slightly, and profit attributable to owners of parent climbed 12.2% to ¥5.8 billion. Despite a weaker equity ratio as total assets and net assets fell versus the prior fiscal year-end, the company affirmed its full-year forecast for robust profit growth and plans to double its annual dividend to ¥65 per share, signaling confidence in earnings momentum and shareholder returns.
The consolidated financial position showed equity of ¥71.0 billion and an equity ratio of 22.8% at quarter-end, down from 27.7% in October 2025, suggesting a more leveraged balance sheet. Nevertheless, Park24 is projecting full-year net sales of ¥445.0 billion and a 50.8% jump in profit attributable to owners of parent to ¥24.0 billion, implying expectations of improved profitability across its parking and mobility operations through the remainder of the fiscal year.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 reported steady expansion in its domestic parking operations in January, with Times PARKING sales rising 10.9% year on year and the network growing to 19,824 sites and 709,319 spaces, a net increase of 19 sites and 2,290 spaces from December. Gross profit for Times PARKING remained solid despite a slight margin compression versus the prior year, while occupancy in the STANDARD segment was broadly stable at 49.1%.
The company’s mobility business also continued to scale, with Times CAR vehicles reaching 81,640 and membership increasing by 30,000 to 3.713 million in January, underscoring robust demand for car sharing. Internationally, parking occupancy rates in the U.K. and Australia tracked in line with internal plans, suggesting that overseas operations are performing as expected and providing a stable contribution to the group’s overall performance.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
PARK24 CO., LTD. has approved the disposal of 65,297 shares of its treasury stock as restricted stock compensation for internal directors, corporate officers, and directors of its subsidiaries, with a total disposal value of approximately ¥142 million based on the January 28, 2026 closing price on the Tokyo Stock Exchange. The move forms part of a restricted stock compensation system introduced in 2021 and approved by shareholders in 2024, designed to better align management incentives with shareholder interests by tying compensation to the company’s share performance and encouraging long-term commitment and enhancement of corporate value.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. has adjusted the conversion price of its Zero Coupon Convertible Bonds due 2028 from ¥2,471 to ¥2,433.7 per share, with the new price becoming effective on November 1, 2025. The adjustment is triggered by the payment of an extraordinary dividend stemming from a year-end dividend of ¥30 per share approved at the shareholders’ meeting on January 29, 2026, a move that slightly enhances the value of the conversion option for bondholders while reflecting the company’s decision to return additional cash to shareholders.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
PARK24 CO., LTD. has announced the post–shareholders meeting composition of its board of directors and corporate officers, confirming Koichi Nishikawa as President and Representative Director as well as President and CEO, alongside a slate of internal directors and multiple independent outside directors who chair and sit on key governance and audit committees. The company also detailed its executive structure, assigning senior corporate officers to oversee core functions such as ICT development, process management, corporate planning, administration, legal and compliance, and human resources, signaling a continued emphasis on strengthened corporate governance and operational oversight across its main subsidiaries and group functions.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 reported continued expansion of its domestic Times PARKING network in December, with total Japanese parking sites rising to 19,805 and spaces to 707,029, driven by 130 newly developed sites and 4,991 new spaces, offset by 51 site and 1,137 space cancellations. Times PARKING net sales rose 10.8% year on year in December, with both the STANDARD and PARTNER SERVICE segments contributing, though gross profit margins were slightly lower than the prior year, and occupancy in the STANDARD segment held around 51% in line with recent levels. The company’s Times CAR mobility business also grew, with fleet size reaching 81,607 vehicles and membership climbing by 36,000 in a month to 3.683 million, while international parking operations in the U.K. and Australia reported occupancy broadly in line with internal plans, underscoring stable overseas performance even as Park24 ceases publishing vehicle-level usage fee metrics in its monthly report.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
In November, Park24 Co. reported a 108.4% year-over-year increase in sales for its Times PARKING division, with a net addition of 45 sites and 3,750 spaces. The company’s mobility business also saw growth, with an increase in Times CAR vehicles and membership. Internationally, the parking occupancy rates in the U.K. exceeded expectations, while Australia met planned targets, indicating a stable performance in its overseas operations.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. has announced its decision to make an early repayment of a 50 billion yen subordinated syndicated loan, originally procured in December 2020 to maintain financial health during the COVID-19 pandemic. This move reflects the company’s improved financial position and profitability following the recovery in travel demand and the implementation of a lean business structure. The early repayment is expected to reduce interest expenses, positively impacting the company’s financial results for the fiscal period ending October 31, 2026.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. has announced the election of director candidates who will serve as Audit and Supervisory Committee Members. The Board of Directors has elected Miho Niunoya for reappointment and Yuri Izumo for a new appointment. These appointments will be discussed at the upcoming Ordinary General Meeting of Shareholders. The changes in the board are expected to enhance the company’s governance structure, with both candidates meeting the Tokyo Stock Exchange’s requirements for independent directors.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. announced the reappointment of several directors at a recent Board of Directors meeting, with the candidates to be discussed at the upcoming Ordinary General Meeting of Shareholders. This move is part of the company’s ongoing efforts to maintain strong leadership and continuity in its operations, potentially impacting its strategic direction and stakeholder confidence.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. has announced a proposal to reduce its legal capital surplus by 28 billion yen, transferring this amount to other capital surplus to enhance distribution capabilities and prepare for future financial strategies. This internal financial restructuring will not affect the company’s total shareholders’ equity, net assets, or operating results, ensuring stability for stakeholders.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. announced a significant increase in dividends from retained earnings, with the Board of Directors resolving to pay 30.0 yen per share, up from 5.0 yen in the previous fiscal year. This decision reflects the company’s commitment to providing stable returns to shareholders while maintaining necessary reserves for future growth, aligning with their strategic focus on long-term value enhancement.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
Park24 Co., Ltd. reported its consolidated financial results for the fiscal year ending October 31, 2025, showing a 9.5% increase in net sales to 406,168 million yen. However, operating and recurring profits declined by 2.9% and 3.6%, respectively, while profit attributable to owners of the parent fell by 14.5%. The company announced a significant increase in its annual dividend per share from 5 yen to 30 yen, reflecting a higher payout ratio. Looking ahead, Park24 forecasts a continued rise in net sales and profits for the fiscal year ending October 31, 2026, with a notable 50.8% increase in profit attributable to owners of the parent, indicating a positive outlook for stakeholders.
The most recent analyst rating on (JP:4666) stock is a Hold with a Yen1824.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.