Nippon Parking Development Co., Ltd.TSE: 2353

Fiscal Year 20252QFinancial Results Briefing

Mar 10, 2025 at 9:31 AM UTC · Issued by Nippon Parking Development Co., Ltd.

Fiscal Year 2025 2Q

Financial Results Briefing

Nippon Parking Development

(Code:2353)

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

― 関わる人全てがハッピーなビジネスを ―

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

― 関わる人全てがハッピーなビジネスを ―

Consolidated Business Summery

2Q FY7/2024 Result

Record-highsales 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.

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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.

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Consolidated Results Highlights

Record-highperformancein net sales and incomes

(￥mn)	2024/01	2025/01	(% YoY)	outlook	outlook
estimated


Sales	15,955	18,413	＋15.4％	18,500	▲0.5%

Operating	3,276	4,167	＋27.2％	3,700	＋12.6%
Income


Income before	3,255	4,237	＋30.2％	3,700	＋14.5%
income taxes


Net income
attributable to the	2,307	2,571	＋11.4％	2,500	+2.8%
parent company's

shareholders

※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.

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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

― 関わる人全てがハッピーなビジネスを ―

Parking Business - Financial Highlights

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

Net Sales (￥mn)

	8,800
8,334
'24/01	'25/01

Operating Income (￥mn)

	2,152
1,981
'24/01	'25/01

No. of parking

properties
	1,511
1,441	Overseas

	Japan
'24/01	'25/01

Segment sales and operating income

(including inter-segment transactions)

	'24/01	'25/01	(￥mn)	(%)
			Change	Change

Sales Japan	7,372	7,961	+ 588	+ 8.0％
Overseas	962	839	△ 122	△ 12.8％
Operating income	1,981	2,152	＋170	＋8.6％
(% to Sales)	(23.8%)	%	(＋0.7pt)	－
		(24.5 )
Operating income	1,677	1,856	+ 178	+ 10.7％
after the adjustment
(20.4 )	(21.3%)	(＋ 0.9 )	－
(% to Sales)
	%		pt

Key Management Indicators

		'24/01	'25/01	(￥mn)	(%)
				Change	Change

Number of	Japan	1,371	1,441	+ 70	+ 5.1%

parking lot		70	70	± 0	± 0.0%
	Overseas

Number of Japan	45,887	46,729	+ 842 + 1.8%
vehicles
available	Overseas	15,262	16,971	＋1,709 ＋11.2%

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

Domestic parking business	Overseas
operation

Cost	Adjustment (￥mn)

Improvement

in the existing

location

前期新規物件

Property +100 closures

New

contract +146

△104

1,667

+31

＋254

△20

+80

Others

Others: increase in replacement contracts and increase in the number of brokerage contracts for the monthly parking lot search site

△63	＋6	+2
Administrative	Company
expenses	expenses
Administrative expenses: 10% wage
increase for the full-time employees
Company expenses: lower stock-	1,856
based compensation expense

Adjustment

'24/01	'25/01
Operating	Operating
income	income

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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

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

(one of the largest in Japan)

✓ Online application and contract process ⇒ Shorten the time to			First half


complete the contract
					Second half	outlook


Number of online inquiries increased 10 times compared to 2Q FY7/2020.				126
Expect to increase in the future due to expansion into areas other than
Tokyo and Osaka.
	109



"Japan Parking Lot Search"		Digitalization to improve
➢ Over 110,000 lots listed		contract speed and productivity	87

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.

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.

	48	112

30		87
	61

'20/01 '21/01 '22/01 '23/01 '24/01 '25/01

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Earlier from Nippon Parking Development

NIPPON PARKING DEVELOPMENT: Fiscal Year 2025 2Q Financial Results BriefingMar 9, 2025

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