NIPPON PARKING DEVELOPMENT : Fiscal Year 2025 2Q Financial Results BriefingPDF

Fiscal Year 2025 2Q

Financial Results Briefing

Nippon Parking Development

(Code:2353)

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 users surged.

Decided to liquidate the Korean corporation.

➢ Ski Resort Business: Achieved record-high sales and operating income.

Natural snowfall and continued use of snow machines enabled an earliest full-scaled opening of the resort than in previous years.

Inbound visits increased 44.2% over the last season, recording new high.

The Gondola Lift at Hakuba Iwatake Mountain Resort was completely renewed for the first time in 38 years

➢ Theme Park Business: Achieved record-high sales and operating income.

Visitors increased thanks to aggressive implementation of events planned mainly by young staff members.

A record number of overnight guests (up 40.9% YoY) due to an increase in the number of rooms and a campaign for free lodging for primary school students and younger.

Record-high performance in net sales and incomes

(￥mn)

2024/01

(% YoY) outlook

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 attributable to the parent company's shareholders

2,307

2,571

＋11.4％

2,500

+2.8%

※The difference in the growth rates of ordinary income and net income attributable to owners of the parent is due to the extraordinary loss incurred in connection with the liquidation of a Korean corporation and the YoY increase in income taxes-deferred resulting from the elimination of temporary differences in the application of tax effect accounting to group companies.

５．SDGs Initiatives

Maintained No. 1 position in the number of listings on search sites; record sales and operating income

Net Sales (￥mn)

8,334

8,800

'24/01

'25/01

Segment sales and operating income

(including inter-segment transactions)

'24/01 '25/01

Operating Income (￥mn)

1,981

'24/01

Change (￥mn) Change

(%)

Sales

Japan

Overseas

7,372

962

7,961 839

• + 588

  + 8.0％

• △ 122 △ 12.8％

Operating income (% to Sales)

1,981 (23.8%)

(＋0.7pt)

＋170

＋8.6％ －

Operating income after the adjustment (% to Sales)

1,677 (20.4%)

+ 178 (＋ 0.9pt)

+ 10.7％ －

2,152

No. of parking properties

1,511

1,441

Japan

'25/01

'24/01

Number of vehicles available

45,887 15,262

• 46,729 + 842 + 1.8%

  Overseas

• 16,971 ＋1,709 ＋11.2%

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 number of brokerage contracts concluded on the monthly search website exceeded the decrease in income due to property closures.

Property closures

＋6

Administrative Company

Administrative expenses: 10% wage increase for the full-time employees

Company expenses: lower stock-based compensation expense Adjustment

'24/01

'25/01

Operating income

Operating income

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

✓ No. of parking lot on the portal site ⇒ Expanded to over 116,000

(one of the largest in Japan)

✓ Online application and contract process ⇒ Shorten the time to complete the contract

➢ Over 110,000 lots listed

One of the largest portal sites in Japan with the largest number of properties listed. The site is constantly updating the information such as photos, size descriptions, and vacancy information to improve the quality of the property information. The site is now ranked high in search engine results.

Digitalization to improve contract speed and productivity

The application and contracting process, which used to be conducted in writing with the customer, is now conducted online. The time required to print, fill out, seal, and mail the documents has been reduced, and the time required to sign the contract has been improved. Productivity of our employees has also improved.

Number of online inquiries

(,000)

10