Thank you for your continued support of our operations.

In recent years, the global landscape has been changing rapidly, and the environment surrounding the Group is changing every day. These changes include the advancement of self-driving technology, the increase in the popularity of electric vehicles (EVs) and EV chargers, and the lifting of the ban on ride-sharing services in Japan. We believe that change will accelerate. By 2035, it is expected that mobility and its accompanying services will be a part of social infrastructure. In anticipation of the emergence of this society, the Group has developed its Medium-term Management Plan (the "Plan") that we are implementing beginning with the fiscal year ending October 31, 2025. In the Plan, we set out the medium- to long-term vision that the Group aims to achieve by 2035. This vision is to evolve into a Mobility Service Platform Operator. We have also published our business and financial strategies for the three-year period leading up to the fiscal year ending October 31, 2027. These strategies detail specific initiatives aimed at achieving our vision.

Please click here to view the Medium-term Management Plan

The services offered by the Group play a vital role in social infrastructure. We are committed to consistently addressing social issues as a provider of transportation infrastructure services. We believe that this approach will promote both the sustainable growth of business and the development of society.

The Group aims to become a Mobility Service Platform Operator that is indispensable to society. We seek to develop multilayered new mobility services and infrastructure based on the four networks that the Group has developed: People, Cars, Communities, and Parking.To play this role in the coming society, it is essential that we expand, evolve, and integrate our four networks and develop each business to fulfill our medium- to long-term vision for 2035. We plan to accelerate the implementation of existing initiatives and undertake new ones.

One of our new initiatives is the development of our Times Platform Service (TPL). This service provides parking facilities and mobility services under the brands of other companies using the data collected via TONIC (Times Online Network & Information Center), our online management system that supports the Group's operations, and the network services that are necessary for efficient operations. We are confident that we can extend the Group’s networks to all of society by expanding our autonomous networks and actively developing TPL.

The Group's philosophy is "We create new forms of comfort and convenience by responding to the needs of today and anticipating the needs of tomorrow." This is the future that lies ahead of our medium- to long-term vision for 2035, our evolution into a Mobility Service Platform Operator. By embracing global change, and by designing and providing services that make good use of technological advancements, we will strive to move toward the world we wish to realize. We look forward to the continued understanding and support of all our stakeholders in the future.

December 17, 2024
Koichi Nishikawa, President
PARK24 CO., LTD.