PARK24 Co., Ltd. Reports Consolidated Earnings Results for the First Nine Months of the Fiscal Year Ending October 31, 2021
September 14, 2021 at 04:00 am EDT
Share
PARK24 Co., Ltd. reported consolidated earnings results for the first nine months of fiscal year ending October 31, 2021. For the nine months, the company's sales amount was JPY 184 billion. Net loss was JPY 12.6 billion.
Park24 Co Ltd is a Japan-based company mainly engaged in the operation and management of parking lots, and the rental and purchase of automobiles. The Company operates through three segments. The Domestic Parking Lot Business segment provides hourly and monthly parking lot services, and operates reservation-type parking lots and manages facilities attached to parking lots. The Overseas Parking Lot Business segment provides hourly and monthly parking lot services through sublease contracts and management contracts in the United Kingdom, Australia, New Zealand, Singapore, Malaysia, and Taiwan. The Mobility Business segment provides a mobility service called Times Car (a fusion of car sharing and rental car service) that allows users to rent a car for the time and period they want at manned stores and unmanned stations nationwide, and also provides road service to respond to car accidents and breakdowns.