#Park24CoLtd

Park24 Co., Ltd. plans to sell all 5,221,500 shares of its consolidated subsidiary TIMES24 SINGAPORE PTE. LTD. on April 28, 2026, and record an extraordinary loss of 3,000 million yen.

Extraordinary loss of 25 billion yen recorded due to bankruptcy rehabilitation proceedings of UK subsidiary; income tax adjustment benefit of 30 billion yen expected. Interim net loss attributable to owners of the parent for the fiscal year ending October 2026 revised to a deficit of 19 billion yen; full-year net income forecast increased to 26 billion yen.

Times Parking sales in February 2026 increased 109.2% year-over-year, with 19,878 parking lots and 712,283 vehicles. Membership in the mobility business reached 3.743 million.

For the first quarter of the fiscal year ending October 2026, net sales were JPY 106,549 million (9.5% increase YoY), and net income attributable to owners of parent was JPY 5,806 million (12.2% increase YoY).

For the first quarter of FY2026 ending October, net sales were JPY 106,549 million (109.5% YoY), operating income was JPY 9,194 million (98.7% YoY), and net income attributable to owners of parent for the quarter was JPY 5,806 million (112.2% YoY).

On January 29, 2026, Park24 Co., Ltd. and its five major subsidiaries resolved their executive structures. Koichi Nishikawa will continue as President and Representative Director.

The conversion price of the 2028 maturity Euro-Yen denominated convertible bond with acquisition clause will be adjusted from 2,471 yen to 2,433.7 yen effective from November 1, 2025.

On February 26, 2026, Park24 Co., Ltd. disposed of 65,297 treasury shares at 2,175.0 yen per share, totaling 142,020,975 yen, implementing disposal based on the restricted stock compensation plan.

Times Parking sales in December were 110.8% year-over-year, with 19,805 transactions and 707,029 vehicles. Times Car membership increased to 3.683 million.