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President's Message

In the business situation surrounding the Park24 Group, there are significant changes underway on a global scale, such as “automated driving”, ”variations in vehicle fuel” and “a shift from ownership to utilization”. Looking to the future of the mobility society, the Group will expand the four networks of parking, cars, people (members) and communities (destination), and then further connecting them seamlessly to create a mobility society that can respond to future needs in Japan and around the world.

In the Parking Business, the Group will build and expand parking facilities networks that are safe, secure and convenient in response to these new needs of the next era. In the Mobility Business, the Group will strive to fulfill users’ expectations by providing services backed by continuous increases in the number of vehicles, the integration of the rent-a-car service and car sharing services. In the service that links the Parking Business and the Mobility Business for members, we will work to increase the number of members who enhance the relevant networks. At the same time, we will upgrade our software to ensure that members enjoy convenience in our services. In addition, we will contribute to the convenience of users and customers of the Group’s parking facilities and mobility services as well as shops, by seeking to promote networking of the customers’ targeted destination towns. Meanwhile, with an eye on the creation of a new mobility society, we will use the data on parking facilities, vehicles, members and towns that are accumulated in the Group’s resources in the development of safe and highly convenient new services. In the overseas business, by bringing into the Group Secure Parking and National Car Parks in the fiscal year ended October 2017, the Group began building a foundation for providing new forms of mobility around the world. In the fiscal year under review, we will continue efforts to strengthen and expand our business foundations in the existing business areas in which we operate by combining the parking facilities networks of both companies and the Group’s knowhow and management capabilities cultivated in Japan with the provision of services outside Japan that are equally safe, secure and convenient. With these actions, the Group will aim to attain a managerial index target of achieving double-digit growth in recurring profit.

We will continue to evolve into a comprehensive mobility service company that is truly needed by society, by continuing to take on new challenges, something that has been in our DNA since our founding, through concerted Group-wide efforts.

To meet the expectations of its shareholders and investors, the Park24 Group will keep striving to increase its corporate value by achieving continued growth. We sincerely hope that we can continue to count on the support and encouragement of our stakeholders in the future.

President
K.Nishikawa
Park24 Co., Ltd.

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