NIPPON PARKING DEVELOPMENT Co (2353) Q3 2025 earnings summary

Executive summary

• Achieved record highs in sales and all profit levels for the nine months ended April 30, 2025, driven by strong performance across parking lot, ski resort, and theme park businesses.

• Net sales rose 13.3% year-over-year to ¥28,441 million, with operating profit up 23.6% to ¥6,647 million and net income attributable to owners up 7.9% to ¥3,770 million.

• Extraordinary losses from the liquidation of the South Korean subsidiary and higher income tax adjustments impacted net income growth.

Financial highlights

• Net sales: ¥28,441 million (up 13.3% YoY).

• Operating profit: ¥6,647 million (up 23.6% YoY).

• Ordinary profit: ¥6,621 million (up 21.7% YoY).

• Net income attributable to owners: ¥3,770 million (up 7.9% YoY).

• Basic EPS: ¥11.82 (up from ¥11.03 YoY).

• Comprehensive income: ¥4,571 million (flat YoY).

Outlook and guidance

• Full-year forecast revised: Net sales expected at ¥36,650 million (up 12.1% YoY), operating profit at ¥7,500 million (up 16.1%), and net income attributable to owners at ¥4,800 million (up 6.0%).

• Basic EPS forecasted at ¥15.05.

• Dividend forecast includes a special commemorative dividend of ¥8.00 for the third quarter.