Corporate History

  • 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.

  • 1971 Nov.

    The Company concludes a parking lock distributionship agreement with Nippon Signal Co., Ltd.

  • 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.

  • 1991 Dec.

    The Company opens the first 24-hour unmanned hourly parking facility, Times Ueno, in Taito-ku, Tokyo.

  • 1992 May

    The Company establishes Times24 Co., Ltd. (currently Times Service Co., Ltd.).

  • 1993 Aug.

    Nishikawa Shokai transfers all its business to Park24 and is dissolved.

  • 1997 Mar.

    The stock is registered for OTC trading with the Japan Securities Dealers Association.

  • 1998 Aug.

    The Company registers August 9 as Parking Day.

  • 1998 Nov.

    The Company establishes Times Service Co., Ltd.

  • 1999 Apr.

    The stock is listed on the Second Section of the TSE.

  • 2000 Jan.

    The Company establishes Drivers Net Co., Ltd. (currently Times Communication Co., Ltd.).

  • 2000 Apr.

    The stock is listed on the First Section of the TSE.

  • 2001 Sep.

    The Company establishes TPF1 Limited and completes the first securitization of parking assets (Times parking facilities) in Japan.

  • 2003 Nov.

    Times24 merges with Times Service Co., Ltd. and changes its business name to Times Service Co., Ltd.

  • 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.

  • 2007 June

    The Company makes TPF1 Limited special purpose companies, its consolidated subsidiaries.

  • 2007 Oct.

    The Company relocates its head office to Yurakucho in Chiyoda-ku, Tokyo

  • 2007 Nov.

    The name Drivers Net Co., Ltd. changes to Times Communication Co., Ltd.

  • 2008 June

    TAIWAN PARK24 PARKING (established in April 2008) (currently PARK24 TAIWAN CO., LTD.) takes over business in Taipei from the Taipei Branch.

  • 2008 Nov.

    The Company acquires shares of ITS Business Applications, Inc.

  • 2009 Mar.

    The Company acquires shares of MAZDA CAR RENTAL(currently TIMES MOBILITY CO.,LTD.).

  • 2009 Apr.

    Times Communication Co.,Ltd acquires shares of Times Support Co., Ltd.

  • 2010 Dec.

    The Company establishes Times24 Co., Ltd.

  • 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.).

  • 2011 May

    The Company transfers its Parking Business to Times24 in a demerger and becomes a pure holding company.

  • 2011 June

    The name MAZDA CAR RENTAL changes to Times Mobility Networks Co.,Ltd.

  • 2012 Nov.

    The name Rescue Network Co.,Ltd. changes to Times Rescue Co.,Ltd.

  • 2013 Dec.

    The Company merges with ITS Business Planning Co., Ltd.

  • 2015 July

    The Company establishes Times Innovation Capital Co., Ltd.

  • 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.

  • 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.

  • 2017 May

    The company reorganized from a Times Innovation Capital Co., Ltd. to a Times Innovation Capital LLC

  • 2017 July

    The Company establishes PARK24 UK LIMITE (currently PARK24 INTERNATIONAL LIMITED) in UK.

  • 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.

  • 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.

  • 2019 May

    The Company relocates its head office to Nishigotanda in Shinagawa-ku, Tokyo

  • 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.

  • 2021 Aug.

    The Company marks its 50th anniversary.
    PARK24 50th anniversary page(別窓で開く)

  • 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.

  • 2024 Feb.

    The name PARK24 UK LIMITED changes to PARK24 INTERNATIONAL LIMITED