NIPPON PARKING DEVELOPMENT : Fiscal Year 2026 2Q Financial Results BriefingPDF

‌Fiscal Year 7/2026 2Q‌

Financial Results Presentation Material

March 6, 2026 Nippon Parking Development

(code: 2353)

1. ‌Summary of Consolidated Financial Results for 2Q FY 7/2026

2. Overview by Segment

3. Forecast of Consolidated Financial Results for the FY 7/2026

4. Reference Materials

5. SDGs Initiatives

Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

1

Agenda

‌Consolidated Business Summery

・Net sales and all levels of profit exceeded the previous year's results,

reaching record highs.

（Millions of Yen）

FY2026

2Q 19,909

4,431

4,559

FY2025

2Q 18,413

4,167

4,237

YoY Change

+1,496

+264

+321

vs Plan 20,300

4,500

4,500

Variance from plan

-390

-68

+59

2,658

2,571

+87

2,700

-41

‌Consolidated Business Summery

Achieved record-high sales across all three major segments.

Parking Lot Business

• Record-high sales and operating profit

  • The Company maintained the No. 1 position in the number of listings on its monthly parking search platform, with both inquiry volumes and contract signings continuing to grow.

  • In addition to office-area properties, we strengthened sublease proposals for condominium (for-sale and rental) properties. As a result, the number of domestic properties increased by a net 79

  • In addition to valet services, the Company expanded high-value-added services leveraging manned operations, such as door services and bell services.

    Ski Resort Business

• Record-high sales

  • Inbound visitors: The number of inbound visitors reached 282 thousand, marking a record high with an increase of 26.3% compared with the previous peak season, thereby updating the all-time record.

  • Snowmaking equipment: Continuous investment in snowmaking equipment ensured a timely season opening despite the

    warm winter, leading to record-high winter attendance.

  • New demand channels: Initiatives targeting new demand channels delivered measurable results, including the acquisition of new child memberships and an increase in non-skiing tourists.

    Theme Park Business

• Record-high sales and operating profit

  • Theme Park Business: Visitor numbers increased by 6.8% year on year

    as a result of initiatives designed to create new motivations for visitation, including collaboration events with influencers and promotional activities leveraging social media.

  • Villa and Accommodation Business: The number of overnight guests increased by 6.9% year on year,

    supported by the "free stay for elementary school children and younger" campaign,

    the opening of guest rooms with diverse features, and the organization of experience-based tours.

    New Business

    
    
    

• Increased Revenue, Decreased Profit

  • Net sales exceeded the previous year across all segments: Healthcare, Education, and Renewable Energy.

  • Renewable Energy: Steadily expanding by leveraging expertise in local biomass, solar power, and external project orders.

1. ‌Summary of Consolidated Financial Results for 2Q FY 7/2026

2. Overview by Segment

3. Forecast of Consolidated Financial Results for the FY 7/2026

4. Reference Materials

5. SDGs Initiatives

Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

4

Agenda

‌Parking Lot Business - Financial Highlights

• Net sales and operating profit reached record highs, driven by the steady increase in domestic parking properties.

• Achieved operating profit growth of over 10%.

  • Segment sales and operating income ■Key Management Indicators

    Parking Lot Business

    
    
    

    Number of vehicles available

（Millions of Yen）

ecreased due

the previous fiscal year, both the number of properties and total spaces increased in Japan and Thailand.

‌Parking Lot Business: Factors Affecting Operating Profit

• Improved existing properties by securing new contracts, increasing the number of spaces, and raising occupancy rates.

  Parking Lot Business

• Increased the number of brokerage contracts following a rise in inquiries through the monthly parking search website.

  Domestic

  Overseas

  Cost

  Base salary increases and increased salaries due to employee growth

  （Millions of Yen）

  【Improvement in

  the existing location】

  【Property closures】

  【New contract】

  【Administrative

  expenses】

  +40

  -91

  +131

  【Others】

  +83

  -38

  【Company expenses】

  +35

  -83

  +136

  Prior-year openings contributing to profit this year

  Revenue growth driven by improved occupancy rates at existing properties.

  Increase in associated expenses due to steady progress in recruitment activities.

  2,070

  ＋302

  1,856

  Increase in brokerage contracts on

  monthly parking lot search sites

Operating income FY2025 2Q

Operating income FY2026 2Q

‌Parking Lot Business: Plan

Parking Lot Business

• Steadily grow the business through both new property acquisition and improvements to existing properties.

• Promote the leverage of DX to enhance customer satisfaction and improve occupancy rates.

  １ New Property Acquisitions and Improved Profitability at Existing Properties

  • New Contracts: Increased through strengthened proposals for condominium-affiliated parking.

  • Sublease Improvement: Higher occupancy rates driven by enhanced web listings and direct sales to local businesses.

  • Profitability: Boosted by "Plus-One" services (car wash, coating,

    luggage storage) at manned sites.

    ２ Expansion and Promotion of DX

  • DX Drive: Maintained #1 market share in site listings; grew online inquiries and contracts.

  • Operations: Scaled workforce and standardized quality to manage increased inquiry volume.

  • Sales Strategy: Improved conversion and satisfaction via a new

    re-proposal system for lost leads.

    ３ Expanding the Delivery of High-Value-Added Services

  • Service Expansion: Growing beyond valet services into bell,

    door, and concierge services at premium locations.

  • Overseas Projects: Driving growth through development consulting and kart track attraction using idle assets.

  Key Focus Areas for the Parking Lot Business

22.0%

+0.6pt

21.5%

22.1％

4,150

+70

Interim

Plan

2,070

Operating income

% to Sales

18,850

+70

9,300

9,370

Full-year

Plan

vs Plan

‌Ski Resort Business - Financial Highlights Ski Resort Business

‌Ski Resort Business: Factors Affecting Operating Profit

Ski Resort Business

Operating income FY2025 2Q

Operating income FY2026 2Q

‌Ski Resort Business: Plan

Ski Resort Business

• Realizing highly competitive snow resorts through enhanced investments in snowmaking equipment and facility renewals.
• Promoting the acquisition of new customer segments, including inbound visitors, kids, non-skiers, and beginners.

Key Focus Areas for Ski Resort Operation

• Ski Resort Business Quarterly Financial Trends

  １ Climate Change Mitigation and Risk Diversification

  • All-season Strategy: Establishing year-round operations via terraces, play equipment, and campfields.

  • Climate Resilience: Strengthening snowmaking investments to ensure stable conditions despite warm winters.

    ２ New Customer Acquisition

  • Kids Program: Continued growth in memberships for elementary and preschool children.

  • Non-skiers: Expanded the tourist segment by enhancing non-skiing content.

  • Inbound: Record-high inbound attendance driven by targeted

    promotions in the Hakuba area.

  • Beginners: Successfully attracted new skiers, with over 30,000 cumulative free lessons at Ryuo.

    ３ Continued Growth Investment

  • Hakuba Iwatake: New base center renovation following

    last year's gondola upgrade.

  • Service Upgrades: New pre-payment, auto-ticketing, and rental refreshes at Kawaba and Meiho.

  • New Features: "First Track" and reserved parking launched

  at Hakuba Happo-one.

  
  
  

  （Millions of Yen）

  Net Sales Operating Income
  
  

  4,203

  4,089

  3,501

  1,454

  1,763

  1,147

  1,302

  1,360

  1,343

  △64

  △600

  △317

  '25/1Q

  '25/2Q

  '25/3Q

  '25/4Q

  '26/1Q

  '26/2Q

  5,000

  4,000

  3,000

  2,000

  1,000

  0

  -1,000

  20.0％

  2,300

  11,480

  FY2026

  2Q

  Interim

  Plan

  vs Plan

  Full-year

  Plan

  5,450

  5,580

  -129

  950

  +75

  18.8％

  17.0％

  +1.8pt

  1,025

• Ski Resort Business full-year trend

  国内

  （Millions of Yen）

  Sales

  Operating income

‌Theme Park Business - Financial Highlights

Theme Park Business

（Millions of Yen）

‌Theme Park Business: Factors Affecting Operating Profit

Theme Park Business

declined due to rising costs.

Nasu Highland Park

Rindo Lake

Omusubi

Management Fee/Others

（Millions of Yen）

Growth in overnight guests was offset by rising costs, resulting in lower profits.

+24

-3

+33

-28

【All corporation

-2

【Lodging】

+22

【Villas】

+84

Sales of vacation villas remained steady.

Increase in park attendance driven by event attractions, leading to revenue growth.

【New Business】 Cost】

Established a new division in September 2025 and succeeded the business of a local restaurant.

1,232

【Park】

Increased visitor numbers driven by collaboration projects with popular influencers and successful events for pet owners.

1,101

Operating income FY2025 2Q

Operating income FY2026 2Q

‌Theme Park Business: Plan

• Expanding nationwide as a "Regional Transformation (RX)" company, marked by our entry into the Izu area of Shizuoka Prefecture.

  Theme Park Business

  
  
  

• Taking the Nasu area to the next stage: Established "Omusubi Nasu Co., Ltd." to enhance the region's value as a premier tourist destination.

  １ Contributing to Regional Revitalization as an RX Company

  • Business Succession: Established "Omusubi Nasu"; succeeded "Gioia Mia" and "Belles Fleurs" to support local business continuity.

  • New Area Entry: Launching hotel and golf operations at Amagi

    Tokyu Resort (March 2026).

  • Strategic M&A: Full acquisition of NX Real Estate scheduled for November 2026.

  • Scale-up: Rolling out the Nasu "RX" model to a nationwide scale.

    ２ Key Initiatives in the Theme Park Business

  • Event Innovation: Creating new visitor demand via unique influencer collabs and niche events.

  • Core Fans: Hosting exclusive closed events to maintain engagement

    during the off-season.

  • Pet Segment: Growing the "dog-friendly" market through breed-specific meetups on SNS.

    ３ Key Initiatives in the Hotel Business

  • Accommodation Focus: Developing "Dog-Friendly" zones and unique vacation villas.

  • New Experiences: Launching "Agricultural Tours" to provide diverse stay-based activities.

  • Family Support: Continuing free stay campaigns for children

  (elementary school & younger).

  Key Focus Areas for Theme park business

Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

14

Agenda

‌Fiscal Year Ending July 2026 Full-Year Plan

There are no changes to the consolidated earnings forecasts for the fiscal year ending July 2026 from those announced on September 12, 2025.

Net income attributable to the parent company's shareholders

Income

before income taxes

（Millions of Yen）

‌Shareholder Returns

• Executing a 1.5 billion yen share buyback with a target ROE exceeding 30%.

• Planned dividend for the fiscal year ending July 2026 is 9.00 yen per share, a 1.0 yen increase,

  FY2021/7	FY2022/7	FY2023/7	FY2024/7	FY2025/7	FY2026/7 (outlook)
  11.7%	16.5%	22.0%	18.3%	17.0%	15.9%
  27.7%	34.9%	42.3%	38.0%	27.7%	30.1%
  29.4%	34.2%	39.3%	36.7%	38.3%	35.3%
  1,545	1,604	1,662	1,746	2,556	2,819
  4.75	5.00	5.25	5.50	8.00	9.00
  999	948	1,776	165	129	2,371
  109.0%	81.7%	78.0%	37.5%	56.0%	88.0%
  66.7%	52.0%	38.0%	34.2%	53.2%	49.5%
  18.3%	17.9%	16.0%	13.0%	14.8%	14.4%

  marking the 16th consecutive year of dividend growth.

  ROA

• 1. ‌Summary of Consolidated Financial Results for 2Q FY 7/2026

  2. Overview by Segment

  3. Forecast of Consolidated Financial Results for the FY 7/2026

  4. Reference Materials

  5. SDGs Initiatives

     Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

     17
     
     

     Agenda

     
     
     

     ‌Key Parking Management Solutions Tailored to Property Characteristics and Owner Needs

     Directly operated monthly exclusive properties

     Directly operated properties with hourly rental

     Managed properties hourly rental

     NPD master-leases vacant parking lots and underutilized spaces in office buildings, providing owners with guaranteed rental income. These properties are operated as unmanned, monthly-only parking facilities.

     A hybrid operation combining monthly and hourly parking. On-site staff provide manned management to maximize profitability.

     Enhancing property prestige through premium hospitality services, ranging from valet parking to professional door and bell attendance.

     
     
     
     
     

     ‌Consolidated Balance Sheets

     FY2026/7

     （Millions of Yen）

     FY2022/7 FY2023/7 FY2024/7

     FY2025/7 2Q

     	14,482	14,482	20,970	26,945	27,506
     (Cash and deposits)	11,639	11,050	16,616	21,663	20,752
     	10,995	11,925	15,086	16,475	19,050
     	182	161	141	233	250
     	1,937	2,437	5,938	6,329	7,226
     (Investment securities)	463	771	3,415	3,949	4,939
     	13,116	14,525	21,166	23,039	26,527
     	27,598	29,007	42,136	49,984	54,033
     	5,624	4,888	8,026	9,246	9,001
     	10,240	10,167	15,542	17,862	22,055
     (Interest-bearing debt)	9,300	7,909	15,952	18,627	22,042
     	15,865	15,056	23,568	27,109	31,056
     	11,733	13,950	18,567	22,875	22,976
     	27,598	29,007	42,136	49,984	54,033
     	-2,339	-3,140	-663	-3,536	1,289
     	257.5%	296.2%	261.2%	291.4％	305.6％
     	66.6%	67.4%	68.3%	62.3％	64.7％
     	34.2%	39.3％	36.7％	38.3％	35.1％

     • Current assets

     • Tangible fixed assets

     • Intangible assets

     • Investments and other assets

     • Total fixed assets

     • Total assets

     • Current liabilities

     • Long-term liabilities

     • Total liabilities

     • Total net assets

     • Total liabilities and net assets

     • Net interest-bearing debt

     • Current ratio

     • Fixed assets to long-term capital ratio

     • Equity Ratio

     ‌Consolidated Balance Sheet

• New borrowing of ¥4.8 billion implemented as future investment funds in anticipation of rising interest rates.

• Fixed assets increased due to growth investments such as the new cableway facility at the Ski Resort Business.

Liabilities

27,109

（Interest-bearing debt）

（18,627）

Liabilities

31,056

（Interest-bearing debt）

（22,042）

• FY2025 4Q：Total assets 49,984mn ■FY2026 2Q：Total assets 54,033mn

‌Parking Lot Business: Number of Properties and Spaces Trend

Parking Lot Business

FY2026/7

No. of parking lot

No. of Vehicles available

Directly operated monthly exclusive properties

Managed properties hourly rental

Directly operated properties with hourly rental

Total

No. of parking lot

No. of Vehicles available

No. of

parking lot

No. of parking lot

No. of Vehicles available

No. of Vehicles available

FY2022/7 FY2023/7 FY2024/7

FY2025/7 2Q

1. ‌Summary of Consolidated Financial Results for 2Q FY 7/2026

2. Overview by Segment

3. Forecast of Consolidated Financial Results for the FY 7/2026

4. Reference Materials

5. SDGs Initiatives

   Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

   22
   
   

   Agenda

   
   
   
   
   

   ‌Coexisting with Nature Locally Produced, Locally Consumed, Recycling-Based Small-Scale Biomass Power Generation

   
   
   
   
   
   
   

   • The NPD Group has pledged to achieve "100% Carbon Minus by 2030" and

     established Smart Green Energy Co., Ltd. in 2023 to spearhead this initiative.

   • Launched biomass power generation utilizing thinned wood sourced directly from the Group's own

     properties.

     3. Produced Biomass power

   • Aiming to realize the "Nasu Green Highland Vision," which targets 100% renewable energy coverage for 5,000 villa lots, 200 accommodation rooms, and a theme park attracting 600,000 annual visitors.

     3. Biomass Power Geenration & Heat Utilization

Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

23

‌Vacation Rentals to Prevent Vacant Houses

Copyright©2025 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

24

‌Insourcing of Water Supply Operations within Vacation Villa Areas

• Towa Nasu Resort Co., Ltd., a group operating company, manages the water utility business under the authorization of Tochigi Prefecture.

• By insourcing the replacement of aging water pipes-a widespread challenge across Japan-we have achieved a 95% cumulative replacement rate within the villa estates, aiming to create sustainable resort communities.

• Leveraging our proven track record in Nasu, Tochigi, we plan to expand this model to our new base in Amagi Kogen, Shizuoka.

‌One of Japan's Largest "Living Labs" for Realizing Social Innovation

• In collaboration with Digital Shift Inc., we launched the "NASCON Valley Council" as a platform for the co-creation, demonstration, and social implementation of solutions (ecosystems, services, and products) demanded by 21st-century society.

• By providing the expansive grounds of Towa Nasu Resort as a testing ground for various projects, we promote the revitalization of regions and society through the conception, verification, and implementation of "new combinations" (innovation).

  
  
  
  
  

  ‌Zero Euthanasia Initiative / Adoption of Shelter Dogs and Hosting Adoption Events

  
  
  

  • Rescue dog adoption activities began in 2017, achieved placing

    343 dogs with new families.

  • Adoption events for rescue dogs held at Nasu Highland Park

    
    
    
    
    

    ‌Providing Children with a Bright Future

    
    
    
    
    
    
    

    • Establishing a "Children's Cafeteria" inside JR Nasu-Shiobara Station in collaboration with JR East.

    • Providing an environment that nourishes both children's hearts and stomachs

    • Open every Tuesday, Thursday, and Friday from 5:00 PM to 8:00 PM. Children up to junior high school age pay 100 yen.

‌Launching Educational Programs for Returnee Children

• TCK Workshop provides online tutoring services specifically designed for Japanese families residing abroad, as well as students attending local schools or international schools overseas.

• We have supported the learning of approximately 3,000 students across 66 countries worldwide (as of January

  2026).

• Guided by our philosophy, "Transforming overseas experience into a lifelong asset," we provide high-quality education to students anywhere in the world.

Copyright©2026 NIPPON PARKING DEVELOPMENT Co.,Ltd．All Rights Reserved

29

‌This material is provided solely for the purpose of enhancing understanding of the NPD Group and does not necessarily constitute a recommendation to invest. The market data and other information contained herein have been prepared based on sources that the Company believes to be reliable and accurate; however, such information, including past data as well as forward-looking statements, may be subject to change without prior notice. Please be advised accordingly.