NIPPON PARKING DEVELOPMENT Co (2353) Q1 2025 earnings summary

Executive summary

• Revenue rose 14.1% year-over-year to ¥8,776 million, with operating profit up 16.4% and recurring profit up 16.5%.

• Net income attributable to shareholders decreased 0.3% year-over-year to ¥1,384 million due to higher tax adjustments.

• All three core segments—parking, ski resorts, and theme parks—showed strong or record performance.

Financial highlights

• Gross profit increased to ¥3,584 million from ¥3,093 million year-over-year.

• Operating profit reached ¥1,963 million, up from ¥1,686 million year-over-year.

• Net income per share was ¥4.36, nearly flat year-over-year.

• Total assets stood at ¥41,845 million, with equity ratio at 36.8%.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥36,400 million, up 11.3% year-over-year.

• Operating profit for the year is projected at ¥7,000 million, up 8.3% year-over-year.

• Net income forecast for the year is ¥4,700 million, down 7.9% year-over-year.

• No changes to previously announced guidance.