PARK24 Co (4666) Q1 2026 earnings summary

Executive summary

• Net sales rose 9.5% year-over-year to ¥106.5B for Q1 FY2026, driven by strong performance in Parking Business Japan and International, while Mobility Business growth lagged.

• Operating profit decreased 1.3% year-over-year to ¥9.19B, and recurring profit fell 0.6% to ¥8.34B, but both exceeded plan.

• Profit attributable to owners of parent increased 12.2% year-over-year to ¥5.81B, surpassing plan.

• Comprehensive income rose 13.3% year-over-year to ¥7.24B.

Financial highlights

• Q1 FY2026 net sales: ¥106.5B (+¥1.1B vs. plan), operating profit: ¥9.1B (+¥0.6B), recurring profit: ¥8.3B (+¥0.8B), profit attributable to owners: ¥5.8B (+¥1.1B).

• Gross profit increased to ¥27.06B from ¥25.47B year-over-year.

• Net income per share was ¥34.02, up from ¥30.35 year-over-year.

• Total assets declined to ¥311.1B from ¥354.4B at the previous fiscal year-end.

• Equity ratio dropped to 22.8% from 27.7% at the previous fiscal year-end.

Outlook and guidance

• Initiatives to accelerate membership acquisition and investments for sustainable growth are expected to show results from Q2 onward.

• Full-year net sales forecast at ¥445.0B, up 9.6% year-over-year.

• Full-year operating profit projected at ¥41.5B, up 10.5% year-over-year.

• Profit attributable to owners of parent forecast at ¥24.0B, up 50.8% year-over-year.

• No changes to previously announced consolidated earnings forecasts.