The business model and strategies of the Parking Business are explained.
Based on its corporate philosophy of creating a new motorized society, the Park24 Group has constructed its business strategy with parking at the core.
In the mainstay Parking Business, Park24 will strive to achieve sustainable growth by increasing the number of operated and managed parking spaces and stabilizing the profitability of parking facilities. The Company will also seek to maximize revenues by operating related businesses in which it can maintain its competitive advantage by harnessing all the assets the Company has been accumulating in the Parking Business.
Creation of business with parking as the core - Car sharing service
Reflecting rising awareness of the environment and the economic burden of owning a car, the attitude of people toward cars is changing from "owning it" to "using it." With this change in the market, we launched a car sharing service in 2009, believing that it is necessary to develop an environment in which people have ready access to a vehicle without having to own it.
We aim to become an essential player in the motorized society, by providing new services that could only be offered by a group dedicated to parking.