NIPPON PARKING DEVELOPMENT Co (2353) Q2 2026 earnings summary

Executive summary

• Achieved record-high interim results with net sales of ¥19,909 million (up 8.1% YoY) and all profit levels at historical highs for the six months ended January 31, 2026.

• Growth driven by robust performance in parking, ski resort, and theme park businesses, supported by strong inbound tourism and resilient domestic demand.

• Continued expansion of service offerings and operational improvements across all core segments.

Financial highlights

• Operating profit rose to ¥4,431 million (up 6.3% YoY); ordinary profit reached ¥4,559 million (up 7.6% YoY).

• Profit attributable to owners of parent was ¥2,658 million (up 3.4% YoY); basic EPS was ¥8.37.

• Comprehensive income increased 17.0% YoY to ¥3,389 million.

• Total assets grew to ¥54,033 million, up ¥4,049 million from July 2025, mainly due to capital expenditures in ski resorts and higher receivables.

• Net assets rose to ¥22,976 million, with interim profit offsetting dividend payments.

Outlook and guidance

• Full-year forecast maintained: net sales ¥40,800 million (up 10.8% YoY), operating profit ¥8,500 million (up 11.0%), profit attributable to owners of parent ¥5,700 million (up 18.8%), EPS ¥17.87.

• Dividend forecast raised to ¥9.00 per share for FY2026.