ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Articles

Park24 profit seen shifting into high gear

Park24's Times parking sites drew more corporate use by salespeople.

TOKYO -- Park24 likely edged past its projected group pretax profit in the November-April half, setting a record for that period, thanks to fuller parking lots and the growing popularity of the Japanese company's car-sharing service.

The parking facility operator's interim pretax profit apparently climbed roughly 17% on the year to just over 9 billion yen ($82 million). Sales probably rose 7% to 93 billion yen, beating the forecast by 1 billion yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more