Nippon Parking Development Co., Ltd. · TSE:2353
Nippon Parking Development — 2Q FY7/2025 Earnings Presentation
49 slides from Nippon Parking Development's earnings presentation, March 2025
Slide 1: Fiscal Year 2025 2Q Financial Results Briefing
Fiscal Year 2025 2Q Financial Results Briefing Nippon Parking Development (Code:2353)
Slide 2: Agenda
１．Summary of Consolidated Financial Results for 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 2
Slide 3: 1. Summary of Consolidated Financial Results for 2Q FY7/2025
１．Summary of Consolidated Financial Results for 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 3
Slide 4: Consolidated Business Summary
Consolidated Business Summery 2Q FY7/2024 Result ✓ Record-high sales and income ➢ Parking Business: Achieved record-high sales and operating income. Monthly parking lot search site was rated the No. 1 site in terms of the number of properties listed, and the number of inquiries and contracts from us
Slide 5: Consolidated Business Summary: Prospect for FY7/2025
Consolidated Business Summery Prospect for FY7/2025 ✓ Full year operating income projection has been revised up Shareholder Return ✓ Forecast of dividend for the full year dividend to ￥8.0 per share from the previous plan of ￥7.0 per share. Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Right
Slide 6: Consolidated Results Highlights
Consolidated Results Highlights Record-high performance in net sales and incomes outlook (￥mn) 2024/01 2025/01 (% YoY) outlook estimated Sales 15,955 18,413 ＋15.4％ 18,500 ▲0.5% Operating Income 3,276 4,167 ＋27.2％ 3,700 ＋12.6% Income before income taxes 3,255 4,237 ＋30.2％ 3,700 ＋14.5% Net income attr
Slide 7: 2. Overview by Segment
１．Summary of Consolidated Financial Results for 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 7
Slide 8: Parking Business - Financial Highlights
Parking Business - Financial Highlights Maintained No. 1 position in the number of listings on search sites; record sales and operating income No. of parking Net Sales (￥mn) Operating Income (￥mn) properties 8,800 2,152 8,334 1,511 1,981 Overseas 1,441 Japan '24/01 '25/01 '24/01 '25/01 '24/01 '25/01
Slide 9: Parking Lot Business: Breakdown of Year-on-Year Changes in Operating Income
Parking Lot Business Breakdown of Year-on-Year Changes in Operating Income Existing location improved, order for the new location has been strong Operating income increased by ￥80 mn as improvements at existing locations, an increase in new properties and replacement projects, and an increase in the
Slide 10: Parking Lot Business - Strengthen our sales force
Parking Lot Business - Strengthen our sales force Increase in online inquiries due to sufficient number of listed parking facilities. Expand focus areas and drive the parking business Enhancement of “Japan Parking Lot Search,” a monthly parking lot search portal Number of online inquiries (,000) ✓ N
Slide 11: Parking Lot Business - Closing the Supply-Demand Gap by Utilizing Data
Parking Lot Business - Closing the Supply-Demand Gap by Utilizing Data Analyzes vast amounts of inquiry data and information on parking facilities supplied, such as available parking spaces and room sizes, to optimize target areas and areas for acquiring new parking facilities. Developing new Analyz
Slide 12: Parking Lot Business - Valet service with experience in manned operations
Parking Lot Business - Valet service with experience in manned operations Leveraging our experience in manned operations to date, we are actively seeking orders for valet services for luxury hotels and department stores. Trends in Valley Service Consignments 19 14 7 7 5 '20/7 '21/7 '22/7 '23/7 '24/7
Slide 13: Parking Lot Business - Outlook
Parking Lot Business - Outlook Stable business growth through utilization of data from inquiries to domestic parking lot search sites and further expansion of manned operations [￥mn] Parking Business Focus Points 20,000 Parking Business Trend 6,000 Sales (left axis) １ DX promotion and data utilizati
Slide 14: Ski Resort Business - Highlights
Ski Resort Business - Highlights Record-high sales and income Both inbound visitors and sales per visitor were at record high levels. Sales (￥mn) Operating income (￥mn) No. of visitors (,000) 1,083 4,955 1,199 3,917 703 1,057 Green (non- winter) Winter '24/01 '25/01 '24/01 '25/01 '24/01 '25/01 Segme
Slide 15: Ski Resort Business - Breakdown of Year-on-Year Changes in Operating Income
Ski Resort Business - Breakdown of Year-on-Year Changes in Operating Income Operating income reached a record high due to an increase in the number of visitors throughout the year. Depreciation and labor costs increased due to investment in snowfall machines, new gondola equipment, and human resourc
Slide 16: Ski Resort Business - Increase in inbound visits
Ski Resort Business - Increase in inbound visits Inbound visitor numbers have been progressing well and reached a record high ◼ The number of inbound visitors in the current 2Q reached 214,000, surging from the last year. ◼ Happo area previously held a high market share, but Tsugaike and Iwatake als
Slide 17: Ski Resort Business - Expansion of Non-Skiers
Ski Resort Business - Expansion of Non-Skiers – Aiming to make the area a year-round tourist attraction by strengthening efforts for non-skier Non- ◼ Reinforce facilities and contents that allow Reinvestment in skiing Adding attractive Contents parents of kids' programs to spend time in a new conten
Slide 18: Ski Resort Business - Full year forecast has been revised up
Ski Resort Business -Full year forecast has been revised up Promotion of NSD Alliance business to provide operational know-how support in order to attract more customers via kids’ programs and use of shareholders’ benefits plans. Full-scale development of the hotel business Focus point of ski resort
Slide 19: Theme Park Business - Highlights
Theme Park Business – Highlights Achieved record-high sales and operating income Parks: proactive event hosting Lodging: increased overnight stays through the creation of various plans Sales (￥mn) Operating income (￥mn) No. of visitors (,000) 4,272 1,101 3,444 460 500 793 '24/01 '25/01 '24/01 '25/01
Slide 20: Theme Park Business - Breakdown of Year-on-Year Changes in Operating Income
Theme Park Business - Breakdown of Year-on-Year Changes in Operating Income Parks: Significant increase in the no. of visitors thanks to good result of various events held during the peak season. Lodging: Steady increase in the number of guests due to the opening of newly built rental villas and fre
Slide 21: Theme Park Business - Amusement Parks and Theme Parks Business
Theme Park Business - Amusement Parks and Theme Parks Business – Achieved the highest number of visitors in the last 5 years by actively attracting events For the 2024 summer season, strengthened water-attractions to be away from the summer heat. Continued to hold dog-specific events and increased t
Slide 22: Theme Park Business - Villa and Lodging business
Theme Park Business -Villa and Lodging business Aggressively adding various types of rooms Number of guests increased by 40% thanks to the campaign for free accommodation for primary school children and younger. ■Number of Rooms Occupied 387 Room (室) 400 （outlook） Cottages 339 350 Room Glamping 144
Slide 23: Theme Park Business - Outlook
Theme Park Business – Outlook Creating parks charm by investing in attractions and continuing to hold events Expand lodging business by taking on existing owner-occupied villas (￥mn) Theme Park Business Trend Theme Park Business Focus Points 10,000 1,500 Sales (left axis) Operating income (right axi
Slide 24: 3. Forecast of Consolidated Financial Results for FY7/2025
１．Summary of Consolidated Financial Results for the 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 24
Slide 25: FY7/2025 Full Year Forecast
FY7/2025 Full Year Forecast Sales operating income and pre-tax profit has been revised up Ski Resort Business: Record highs expected due to strong winter season visitor numbers. 2025/7 2025/7 (￥mn) 2024/7 2025/7 YoY % YoY outlook outlook (After revised up) (Initially) (After revised up) Sales 32,693
Slide 26: Shareholder Returns
Shareholder Returns Plans for dividends increase for 15 consecutive terms FY07/2025 full year dividend: ￥8.0 per share, revised from previously planned ￥7.0 and ￥2.5 up from FY07/2024. ’21/07 ’22/07 ’23/07 ’24/07 ’25/07 （outlook） Dividend per share (￥) 4.75 5.00 5.25 5.50 8.00 Total amount of divide
Slide 27: 4. Reference Materials
１．Summary of Consolidated Financial Results for the 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 27
Slide 28: History of the Company
History of the Company Our Business Motto “Happy Triangle” To do business in a way that makes everyone involved happy. To contribute to society by making effective use of underutilized assets. (￥mn) Park Net Sales Ski Net Sales 8,000 百万 Theme Park Net Sales Other Net Sales 30,000 6,000 20,000 4,000
Slide 29: Consolidated Business Performance
Consolidated Business Performance ‘20/07 ‘21/07 ‘22/07 ‘23/07 ‘24/07 (￥mn) Sales 22,979 23,785 26,271 31,855 32,693 Operating Income 2,672 3,263 4,582 6,201 6,461 Income before taxes 2,741 3,460 4,639 6,222 6,511 Net Income 1,201 2,335 3,125 4,408 5,104 (￥mn) Operating Income Breakdown by Segment 8,
Slide 30: Consolidated Balance Sheets
Consolidated Balance Sheets ‘20/07 ‘21/07 ‘22/07 ‘23/07 ’24/07 (￥mn) Current assets 18,578 15,826 14,482 14,482 20,970 (Cash and deposits) 16,484 13,464 11,639 11,050 16,616 Tangible fixed assets 9,313 10,366 10,995 11,925 15,086 Intangible assets 257 219 182 161 141 Investments and other assets 2,4
Slide 31: Consolidated Balance Sheet - Summary of changes in FY07/2025
Consolidated Balance Sheet -Summery of changes in FY07/2025 Borrowed ￥8 bn to fund future investments in anticipation of rising interest rates Fixed assets increased due to investment in new gondola at Iwatake Mountain Resort and construction of villas for theme park business. Current assets 20,970
Slide 32: Parking Business Model
Parking Business Model We provide comprehensive consulting services related to parking facilities in Japan and overseas. We specialize mainly in the effective utilization of parking spaces attached to buildings. We also provide services to improve the efficiency of parking lot operations and service
Slide 33: Parking Lot Business Model - Differences from other companies in the market
Parking Lot Business Model - Differences from other companies in the market Others NPD Metered parking Parking located in buildings ✓ Leasing (or acquiring) land and install payment ✓ Subleasing vacant parking spaces to users on a machines for unmanned operation. monthly basis. Allocating operators
Slide 34: Parking Lot Business - Number of properties and Number of vehicles
Parking Lot Business - Number of properties and Number of vehicles ‘20/07 ‘21/07 ‘22/07 ‘23/07 ‘24/07 No. of 1,000 1,067 1,107 1,156 1,214 Monthly parking parking lot lot (Directly (△0.1%) (+6.7%) (+3.7%) (+4.4%) (+5.0%) managed No. of 17,446 18,806 19,811 21,620 22,719 properties) vehicles availabl
Slide 35: Ski Resort Business - Overview
Ski Resort Business -Overview- Currently operates 8 ski resorts acquired through M&A. We aim to revitalize the entire region through hands-on management. The mid-term growth strategy is to focus on green season operations and high demand from inbound visitors. We also aim for further business growth
Slide 36: Ski Resort Business - Nippon Ski Resort Development
Ski Resort Business – Nippon Ski resort Development - Creation of its charms as the resort through alliances and full-fledged development of the lodging business Alliances: We will provide our operational know-how to new commers in the ski resort industry and any commers who may bring more customers
Slide 37: Ski Resort Business - Lodging and Development at its base areas
Ski Resort Business – Lodging and Development at its base areas ◼ An increasing number of lodging facilities around ski resorts are closing due to lack of successors and pandemics. ◼ Since the number of lodging facilities directly affects the number of ski resort visitors, the group resorts will tak
Slide 38: Ski Resort Business - Past, Current and Future Issues
Ski Resort Business -Past, Current and Future Issues ①Winter Season Counter measurement to the issues ◼ Investment in measures against light snowfall ◼ Kids' program (Increase in the 【Challenges/Issues】 ◼ Introduction of auto game system Lack of response to number of children visitors) ◼ Inbound the
Slide 39: Ski Resort Business
Ski Resort Business HAKUBA HAKUBA HAKUBA HAKUBA VALLEY VALLEY Sugadaira VALLEY Ryuooh KAWABA SKI VALLEY Kogen KASHIMA Hakuba Tsugaike Meiho Ski Park PARK Happo One Snow YARI Ski Iwatake Kogen Ski Ski Resort Resort Resort Snow Field Resort NPD group since 2006/9 2009/11 2010/10 2012/11 2012/11 2012/1
Slide 40: Theme Park Business
Theme Park Business We aim to revitalize theme parks in Japan. Currently operating two amusement parks, Nasu Highland Park and Rindoko Family Farm. Towa Nasu Resort operates lodging business at glamping sites and villa sites, as well as the villa business. Theme Park Business Lodging and Villa Busin
Slide 41: Theme Park Business - IPO of a subsidiary
Theme Park BusinessIPO of a subsidiary Nippon Theme Park Development Co., Ltd., has begun preparations for a listing on the Tokyo Stock Exchange. Overview of Japan Theme park Development Co., Ltd. Japan Theme park Development Co., Ltd.：Operating Holding Company Towa Nasu Resort Co., Ltd. : Nasu High
Slide 42: Theme Park Business - Growth Challenges and Significance of Listing
Theme Park BusinessIPO of a subsidiary Growth challenges and the Significance of Listing on the Stock Exchange ① Further improvement of social reliability In order to be actively invited by local governments as a RX company, higher social reliability is necessary ② Expanding fundraising capabilities
Slide 43: 5. SDGs Initiatives
１．Summary of Consolidated Financial Results for the 2Q FY 7/2025 ２．Overview by Segment ３．Forecast of Consolidated Financial Results for the FY 07/2025 ４．Reference Materials ５．SDGs Initiatives Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved ― 関わる人全てがハッピーなビジネスを ― 43
Slide 44: Coexisting with Nature - Biomass Power Generation
Coexisting with Nature - Biomass Power Generation for Local Production for Local Consumption and Recycling NPD Group target: “100% NPD Group carbon minus in 2030 (Target by Japanese government: 46% reduction of greenhouse gas emissions in 2030, zero carbon net in 2050) We will make it one of the pil
Slide 45: Coexisting with Nature - Nasu Green Highland concept
Coexisting with Nature - Biomass Power Generation for Local Production for Local Consumption and Recycling ⚫ In the Nasu area, where we are developing our theme park business, we have started to realize the Nasu Green Highland concept. In addition, by planting trees on the thinned land, we aim to re
Slide 46: Vacation rentals - to prevent the problem of vacant houses
Vacation rentals – to prevent the problem of vacant houses ⚫ When vacation home owners are not using their properties, we manage them and use them as lodging facilities ⚫ Profits are returned to owners and used as a resource for maintenance and management of vacation homes ⚫ Increase the value of th
Slide 47: For all children's bright future
For all children’s bright future ⚫ We provide an environment where children's hearts and hunger are satisfied. ⚫ We create an environment where children can interact with each other. ⚫ We send high-quality instructors from our group company that is involved in the online education business. Operatio
Slide 48: Zero-kill activities / shelter dogs adopted
Zero-kill activities / Achievement of 132 shelter dogs adopted to new family new family through through pet adoption pet adoption gathering gathering ⚫ We have successfully helped 280 dogs adopted by new families since we started this business in 2017. ⚫ We held a shelter dog adoption event at Nasu
Slide 49: Development of education business for returnee children
Development of education business for returnee children ・Nurture the international generation of the future ✓Contribute to international education in Japan by providing education that enables students to enter universities overseas in both English and Japanese ✓Foster the international generation of
Nippon Parking Development — 2Q FY7/2025 Earnings Presentation on 6ix