PARK24 Co., Ltd. (PKCOY) Research

PARK24 Co., Ltd. is a prominent operator and manager of parking facilities, with its business extending across Japan and internationally. The company's operations are structured across three key segments: its domestic Japanese Parking Business, its Overseas Parking Business, and its Mobility Business. Its diverse parking solutions encompass everything from short-term hourly and reserved parking to long-term monthly arrangements. They also cater to various vehicle types, including commercial vehicles, motorcycles, and bicycles. Internationally, their offerings extend to patrolled and pay-and-display parking systems. Beyond parking, the company delivers a broad suite of mobility services. This includes traditional car rental via Times CAR RENTAL, alongside the innovative membership-based, unattended vehicle-sharing service, Times CAR. PARK24 also manages customer loyalty programs like Times Club for individual drivers and Times Business for corporate clients. Further extending its reach, PARK24 offers The Times PAY, a payment processing solution for various service industries such as restaurants and retail outlets, as well as membership-based roadside assistance and comprehensive insurance agency services, encompassing financial planning and consultation. Established in 1971, PARK24 Co., Ltd. is headquartered in Tokyo, Japan.

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