Thank you for your valued patronage.

The PARK24 GROUP was severely affected by COVID19, which began to spread in 2020, and experienced its first loss since listing. The GROUP’s performance recovered thanks to measures to mitigate the impact of COVID-19 and the establishment of a leaner business structure of our parking business and mobility business, which were consistently promoted in the wake of the pandemic, and in the fiscal year ended October 31, 2023, we achieved record-high sales and profits at each stage. We are grateful to our customers, business partners including land and facility owners, and shareholders who have supported us along the way; overcoming the difficult situation of the pandemic and once again proving to be a growing company. I would like to express my deepest gratitude from the bottom of my heart.

The fiscal year ending October 31, 2024 is a period in which we will once again move forward strongly to achieve our medium-term business growth strategy which calls for “the expansion and seamless connection of the four networks: people (members), cars (mobility), towns (destinations), and parking facilities”. To this end, we will focus on “Accelerating Network Expansion” and “Facilitating the evolution of services” and aim to make further progress by expanding our business with quality, utilizing the know-how we have accumulated through the pandemic and pursuing convenience to continue to be the service of choice for our customers.

We realize that the environment surrounding our group is changing at a pace never experienced before. One such change is people's growing awareness of environmental and social issues on a global scale. On the other hand, there is still a shortage of parking spaces both in Japan and overseas, and people continue to seek convenience in their daily lives. In this situation, we recognize that our group can play an even greater role than before, and as a transportation infrastructure service company, we believe that taking action to help solve the world's problems will lead to both sustainable business growth and the development of society.

The PARK24 GROUP's philosophy is to “We create new forms of comfort and convenience by responding to the needs of today and anticipating the needs for tomorrow”. This is the future that lies ahead of our medium-term business strategy, “expand and seamlessly connect the four networks”. By embracing changes in the world, and by designing and providing services that make good use of technological advancements, we will strive to move forward toward the world we wish to realize.
Beyond that, we are confident we will grow, meet the expectations of our stakeholders, and become the company that is chosen by society.
We appreciate your continued support and understanding.

December 14, 2023
Koichi Nishikawa, President
PARK24 CO., LTD.