Corporate History
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1971 Aug.
Nishikawa Shokai Co., Ltd. is established at Nishigotanda, Shinagawa-ku, Tokyo. Capital is 1 million yen. Its business is the manufacturing, design and construction, and distribution of parking equipment.
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1971 Nov.
The Company concludes a parking lock distributionship agreement with Nippon Signal Co., Ltd.
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1985 Aug.
The parking facilities maintenance and operation division of Nishikawa Shokai is spun off, and Park24 is established at Nishigotanda, Shinagawa-ku, Tokyo. Capital is 10 million yen.
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1991 Dec.
The Company opens the first 24-hour unmanned hourly parking facility, Times Ueno, in Taito-ku, Tokyo.
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1992 May
The Company establishes Times24 Co., Ltd. (currently Times Service Co., Ltd.).
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1993 Aug.
Nishikawa Shokai transfers all its business to Park24 and is dissolved.
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1997 Mar.
The stock is registered for OTC trading with the Japan Securities Dealers Association.
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1998 Aug.
The Company registers August 9 as Parking Day.
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1998 Nov.
The Company establishes Times Service Co., Ltd.
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1999 Apr.
The stock is listed on the Second Section of the TSE.
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2000 Jan.
The Company establishes Drivers Net Co., Ltd. (currently Times Communication Co., Ltd.).
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2000 Apr.
The stock is listed on the First Section of the TSE.
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2001 Sep.
The Company establishes TPF1 Limited and completes the first securitization of parking assets (Times parking facilities) in Japan.
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2003 Nov.
Times24 merges with Times Service Co., Ltd. and changes its business name to Times Service Co., Ltd.
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2006 Mar.
The Company establishes the joint venture GS Park24 Co., Ltd. in South Korea.
*All shares held by the Company were transferred to GS Retail CO., LTD. (South Korea) in September 2021. -
2006 Apr.
The Company establishes the Taipei Branch (currently PARK24 TAIWAN CO., LTD.) in Taiwan.
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2007 June
The Company makes TPF1 Limited special purpose companies, its consolidated subsidiaries.
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2007 Oct.
The Company relocates its head office to Yurakucho in Chiyoda-ku, Tokyo
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2007 Nov.
The name Drivers Net Co., Ltd. changes to Times Communication Co., Ltd.
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2008 June
TAIWAN PARK24 PARKING (established in April 2008) (currently PARK24 TAIWAN CO., LTD.) takes over business in Taipei from the Taipei Branch.
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2008 Nov.
The Company acquires shares of ITS Business Applications, Inc.
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2009 Mar.
The Company acquires shares of MAZDA CAR RENTAL(currently TIMES MOBILITY CO.,LTD.).
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2009 Apr.
Times Communication Co.,Ltd acquires shares of Times Support Co., Ltd.
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2010 Dec.
The Company establishes Times24 Co., Ltd.
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2011 Mar.
The Company holds all shares of TPF 3 Limited, which holds all shares of Rescue Network Co., Ltd.(currently Times Communication Co., Ltd.).
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2011 May
The Company transfers its Parking Business to Times24 in a demerger and becomes a pure holding company.
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2011 June
The name MAZDA CAR RENTAL changes to Times Mobility Networks Co.,Ltd.
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2012 Nov.
The name Rescue Network Co.,Ltd. changes to Times Rescue Co.,Ltd.
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2013 Dec.
The Company merges with ITS Business Planning Co., Ltd.
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2015 July
The Company establishes Times Innovation Capital Co., Ltd.
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2016 Dec.
- The Company establishes PARK24 AUSTRALIA PTY LTD in Australia.
- The Company establishes PARK24 SINGAPORE PTE. LTD. in Singapore.
- The Company establishes PARK24 MALAYSIA SDN. BHD. in Malaysia.
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2017 Jan.
The company aquires shares of Secure Parking Pty.Ltd and other two companies, which operate parking business mainly in Oceania/Asia regions, through the three companies established in Dec. 2016.
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2017 May
The company reorganized from a Times Innovation Capital Co., Ltd. to a Times Innovation Capital LLC
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2017 July
The Company establishes PARK24 UK LIMITE (currently PARK24 INTERNATIONAL LIMITED) in UK.
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2017 Aug.
The Company aquires shares of National Car Parks Limited, which operates parking business mainly in UK, through PARK24 UK LIMITED established in July. 2017.
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2018 Jan.
- The Company merges with TPF1 Limited.
- Times Communication Co., Ltd. integrates Times Rescue Co., Ltd. and TPF3 Limited which holds all shares of Times Rescue Co., Ltd.
- The Company establishes Park24 Business Support Co., Ltd. and transfers a part of the business of Times Communication Co., Ltd.
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2019 May
The Company relocates its head office to Nishigotanda in Shinagawa-ku, Tokyo
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2019 Nov.
- TIMES24 CO., LTD. transfers its car sharing business to TIMES MOBILITY NETWORKS CO., LTD., and the name TIMES MOBILITY NETWORKS CO., LTD., changes to TIMES MOBILITY CO., LTD.
- The name TAIWAN PARK24 PARKING CO., LTD. changes to PARK24 TAIWAN CO., LTD.
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2021 Aug.
- The Company marks its 50th anniversary.
- PARK24 50th anniversary page
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2022 Oct.
- SECURE PARKING CORPORATION SDN. BHD., which operates in Malaysia, changes its company name to TIMES24 MALAYSIA SDN. BHD.
- SECURE PARKING SINGAPORE PTE. LTD., which operates in Singapore, changes its company name to TIMES24 SINGAPORE PTE.
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2024 Feb.
The name PARK24 UK LIMITED changes to PARK24 INTERNATIONAL LIMITED