PARK24 CO., LTD. · Year ended October 2025
Times CAR has a parking cost: PARK24’s two connected operations.
For the year ended October 2025 (November 1, 2024–October 31, 2025), start with a car waiting in a PARK24 parking space. A car offered for hire needs somewhere to stand. The ¥6,127 million of Times CAR parking costs (intragroup transactions) in the accounts exposes a connection between operating the place and operating the vehicle.
A car for hire needs someone to provide the place
Small idle sites and parking for a facility’s visitors
Three relationships around a car waiting to be used
A conceptual view of the connection between domestic parking and Times CAR.
- Land and facility providersRenting idle land and visitor parking; management contracts
- Domestic parking operationsDeveloping and operating different kinds of sites
- Members using carsVehicle placement, member acquisition and usage promotion
Once the car is parked, it still needs to be used
Two operating jobs, viewed through the same year’s accounts
THE VIEW AFTER THE NUMBERS
What the numbers suggest
PARK24 connects securing and operating places to park with putting cars there and getting people to use them.
Small idle plots, visitor parking at facilities and sites managed for owners involve different relationships. Development and contract termination continue alongside daily operations. On the vehicle side, adding cars also requires resources for acquiring members and encouraging use.
The ¥6,127 million of FY2025 Times CAR parking costs (intragroup transactions) makes that connection visible in segment reporting. Look beyond counts of places and cars to the work and costs on both sides. A familiar car park then reveals another role: supporting the service that lends out the car.
Primary sources used
Financial results for the year ended October 2025 (Japanese)
PARK24 CO., LTD. · 2025-12-15
Pages used: p.1 / p.5 / p.16-17
Open source →FY2025 Data Book (Japanese)
PARK24 CO., LTD. · 2025-12-15
Pages used: p.10 / p.11-12 / p.12-13 / p.14
Open source →Notice of the 41st annual general meeting and business report (Japanese)
PARK24 CO., LTD. · 2026-01-08
Pages used: p.30
Open source →FY2025 management update, January 2026 (Japanese)
PARK24 CO., LTD. · 2026-01-29
Pages used: p.5
Open source →PARK24 glossary (Japanese original)
PARK24 CO., LTD.
Open source →