PARK24 : March.2024 Monthly Report （687KB）

Monthly Report - PARK24 GROUP Key Indicators -

April 15, 2024

PARK24 CO., LTD. Prime Market of TSE Code Number : 4666 Ticker Symbol : PKCOY E-mail : [e-mail]

Monthly Trend

■ Parking Business Japan

In March, sales of Times PARKING was 106.5% YoY.

Newly developed sites and spaces of Times PARKING were 97 sites and 8,704 spaces, while there were 56 sites and 1,527 space cancellations.

As of the end of March, in Times PARKING there were 17,858 sites and 594,078 spaces (up 44 sites and 7,314 spaces compared to the previous month).

■ Mobility Business

In March, usage fee sales per vehicle YoY has improved.

The number of Times CAR vehicles in March was 63,180 and the number of members increased by 51 thousand from the previous month to 2,648 thousand.

■ Parking Business International

In the U.K., parking occupancy rates were recovering moderately. In Australia, parking occupancy rates increased by degrees.

*As results of the Parking Business International are incorporated into consolidated results with a one-month delay, the business status of the Group in March reflects overseas operations in February.

Park24 Group business overview

Parking Business Japan ■All Parking

□Sites

			`23/10	`23/11	`23/12	`24/01	`24/02	`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10
Total	25,379	25,311	25,436	25,375	25,406	25,418
	Directly Operated	24,063	24,007	24,125	24,106	24,151	24,152
		Times PARKING	17,639	17,683	17,764	17,768	17,814	17,858
		Times PARKING B	6,198	6,098
		6,127	6,102	6,097	6,053
		Monthly Parking	2,596	2,606
		2,631	2,640	2,644	2,642
		Multiple-use sites	2,370	2,380
		2,397	2,404	2,404	2,401
	Facility Managed	1,316	1,304	1,311	1,269	1,255	1,266
		Hourly Parking	786	774	780	743	728	738
		Monthly Parking	581	581
		583	577	578	580
		Multiple-use sites	51	51
		52	51	51	52

* Multiple-use sites represent the number of monthly parking facilities used for both Times PARKING and parking facility management (hourly parking, which have thus been excluded from the total number of parking sites).

□Spaces

			`23/10	`23/11	`23/12	`24/01	`24/02	`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10
Total	761,654	764,592	770,086	768,618	768,184	776,865
	Directly Operated	640,806	643,835	649,227	649,339	651,825	659,355
		Times PARKING	576,262	579,872	584,222	584,158	586,764	594,078
		Times PARKING B	24,314	23,743
		24,091	23,934	23,932	23,900
		Monthly Parking	40,230	40,220
		40,914	41,247	41,129	41,377
	Facility Managed	120,848	120,757	120,859	119,279	116,359	117,510
		Hourly Parking	99,285	99,107	99,175	97,957	95,708	96,783
		Monthly Parking	21,563	21,650
		21,684	21,322	20,651	20,727

■Times PARKING □Sites

	`23/10	`23/11	`23/12	`24/01	`24/02	`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10	1st half	2nd half	Total
Developed	116	85	129	55	92	97								458		458
STANDARD	76	56	75	37	59	50								277		277
PARTNER SERVICE	40	29	54	18	33	47								181		181
Cancelled	62	42	46	45	45	56								234		234
STANDARD	54	37	38	37	34	47								193		193
PARTNER SERVICE	8	5	8	8	11	9								41		41
Converted & Segment shift	0	1	-2	-6	-1	3								-5		-5
STANDARD	2	2	0	-5	-4	3								-4		-4
PARTNER SERVICE	-2	-1	-2	-1	3	0								-1		-1
Total	17,639	17,683	17,764	17,768	17,814	17,858
STANDARD	13,480	13,501	13,538	13,533	13,554	13,560
PARTNER SERVICE	4,159	4,182	4,226	4,235	4,260	4,298

□Spaces

	`23/10	`23/11	`23/12	`24/01	`24/02	`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10	1st half	2nd half	Total
Developed	4,803	2,976	4,607	1,886	5,756	8,704								23,929		23,929
STANDARD	1,014	877	1,042	290	686	463								3,358		3,358
PARTNER SERVICE	3,789	2,099	3,565	1,596	5,070	8,241								20,571		20,571
Cancelled	3,498	1,186	533	1,070	2,987	1,527								7,303		7,303
STANDARD	737	332	367	581	725	1,020								3,025		3,025
PARTNER SERVICE	2,761	854	166	489	2,262	507								4,278		4,278
Converted & Segment shift	-194	1,820	276	-880	-163	137								1,190		1,190
STANDARD	-98	-61	84	-31	-95	6								-97		-97
PARTNER SERVICE	-96	1,881	192	-849	-68	131								1,287		1,287
Total	576,262	579,872	584,222	584,158	586,764	594,078
STANDARD	152,289	152,773	153,532	153,210	153,076	152,525
PARTNER SERVICE	423,973	427,099	430,690	430,948	433,688	441,553

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Monthly Report - PARK24 GROUP Key Indicators -

April 15, 2024

■Times PARKING

* The following figures are monthly results on an unconsolidated basis without an accountant's inspection. Figures in parenthesis are the percentage over the same period from the previous year.
□Results/Unconsolidated	(million yen)
					`23/11	`23/12	`24/01	`24/02		`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10	1st half	2nd half	Total
Net Sales				13,428	13,993	13,138	12,937		14,408								67,905		67,905
	STANDARD				7,684	8,036	7,518	7,395		8,134								38,768		38,768
	PARTNER SERVICE				5,744					6,273								29,137		29,137
				5,957	5,619	5,542
Cost of sales				9,918	10,130	10,107	10,159		10,314								50,629		50,629
	STANDARD				5,825	5,961	5,981	6,000		5,996								29,765		29,765
	PARTNER SERVICE				4,093					4,317								20,864		20,864
				4,168	4,126	4,158
Gross profit				3,510	3,863	3,030	2,777		4,094								17,276		17,276
	STANDARD				1,859	2,074	1,537	1,394		2,138								9,003		9,003
	PARTNER SERVICE				1,651					1,955								8,272		8,272
				1,789	1,493	1,383
Gross profit margin				26.1%	27.6%	23.1%	21.5%		28.4%								25.4%		25.4%
	STANDARD				24.2%	25.8%	20.4%	18.9%		26.3%								23.2%		23.2%
	PARTNER SERVICE				28.7%					31.2%								28.4%		28.4%
				30.0%	26.6%	25.0%
□[Reference] Comparison with FY2023	(%)
					`23/11	`23/12	`24/01	`24/02		`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10	1st half	2nd half	Total
Net Sales				105.9%	106.2%	106.7%	109.2%		106.5%								106.8%		106.8%
	STANDARD				102.5%	103.8%	103.7%	106.1%		102.6%								103.7%		103.7%
	PARTNER SERVICE				110.8%					112.0%								111.4%		111.4%
				109.5%	110.8%	113.8%
Cost of sales				105.4%	106.3%	106.1%	107.5%		108.3%								106.7%		106.7%
	STANDARD				103.4%	104.9%	104.8%	105.5%		105.4%								104.8%		104.8%
	PARTNER SERVICE				108.5%					112.5%								109.6%		109.6%
				108.4%	108.0%	110.6%
Gross profit				107.4%	105.7%	108.6%	116.0%		102.2%								107.2%		107.2%
	STANDARD				100.0%	100.6%	99.8%	108.7%		95.4%								100.2%		100.2%
	PARTNER SERVICE				117.1%					110.9%								116.1%		116.1%
				112.4%	119.4%	124.5%
Gross profit margin				+0.4pt	-0.1pt	+0.4pt	+1.3pt		-1.2pt								+0.1pt		+0.1pt
	STANDARD				-0.6pt	-0.8pt	-0.8pt	+0.5pt		-2.0pt								-0.8pt		-0.8pt
	PARTNER SERVICE				+1.5pt	+0.8pt	+1.9pt	+2.1pt		-0.3pt								+1.2pt		+1.2pt
	■Occupancy Rate (STANDARD)
					`23/11	`23/12	`24/01	`24/02		`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10	1st half	2nd half	Total
	This Fiscal Year				51.1%	51.4%	49.2%	51.1%		52.0%								51.0%		51.0%
	Comparison with FY2023				+1.3pt	+1.1pt	+1.3pt	+1.1pt		+0.7pt								+1.1pt		+1.0pt
	FY2023				49.8%	50.4%	47.9%	50.0%		51.3%	49.7%	49.2%	50.2%	50.2%	50.1%	50.7%	50.4%	49.8%	50.1%	50.0%
	* Occupancy rate = Parking hours / 24 hours
Mobility Business
PARK24 GROUP is promoting Times CAR to create a new form of mobility services. Times CAR is	created by combining and taking in the benefits of our Car Rental and Car Sharing services.
				`23/10	`23/11	`23/12	`24/01	`24/02		`24/03	`24/04	`24/05	`24/06	`24/07	`24/08	`24/09	`24/10
Total of Times CAR vehicles			60,047	60,724	61,578	61,721	62,130		63,180
	Times CAR Dedicated Vehicles		42,174	42,950	43,770	44,130	44,553		45,468
Rental Sites			16,017	16,420	16,771	16,983	17,270		17,629
Members	(thousand)		2,423	2,508	2,547	2,564	2,596		2,648

• Total of Times CAR vehicles includes vehicles conventionally rented as Car Rental.
• "Times CAR Dedicated Vehicles" is the total number of vehicles used for conventional Car Sharing and vehicles used exclusively for Times CAR rental at Car Rental stores.
• "The number of members" has been redefined to conform to the actual situation in FY2024, and 53 thousand of the 84 thousand increase from October 2023 to November 2023 being due to the redefinition.

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