Full-scale expansion of the overseas parking business and expansion to 7 countries
First written in FY2017-Q1. 10 of 30 entries say "Restated". Latest entry: 2026-08-31.
Park24 moved to the "Worse" side of this theme in 2021.
0 other companies' latest entry also says "Restated".
- FY2026-H1ReframedAnnual report
「NATIONAL CAR PARKS LIMITED, formerly a consolidated subsidiary of the company, was excluded from the scope of consolidation because it commenced insolvency restructuring proceedings under UK insolvency law. PARK24 INTERNATIONAL LIMITED and MEIF II CP Holdings 2 Limited, formerly consolidated subsidiaries of the company, were excluded from the scope of consolidation because they commenced liquidation proceedings under UK insolvency law. TIMES24 SINGAPORE PTE. LTD., formerly a consolidated subsidiary of the company, was excluded from the scope of consolidation because all of its shares were sold.」
The overseas parking business has shifted from its previous policy of operating and expanding across multiple countries to a restructuring phase involving insolvency restructuring and liquidation proceedings for the UK business and the sale of the Singapore business. - FY2023RestatedAnnual report
「Overseas, we operate a parking business in the UK, Australia, New Zealand, Singapore, Malaysia and Taiwan,」
Based on operations in 6 countries following the transfer of the South Korean business, the company continues to pursue a policy of expanding parking networks and services in each region. - FY2021ReframedAnnual report
「Overseas, we operate a parking business in 6 countries: Australia, New Zealand, Singapore, Malaysia, the UK and Taiwan,」
Following the transfer of all shares in GS PARK24, the company has repositioned its overseas business as operations in 6 countries instead of the previous 7. - FY2021-Q3ReframedAnnual report
「At a Board of Directors meeting held on 31 August 2021, the company resolved to transfer all shares in GS PARK24 CO., LTD., an equity-method affiliate of the company (hereinafter, GS PARK24).」
Regarding GS PARK24 in South Korea, one of the company’s previous 7 operating countries, the company resolved to transfer all shares and is changing the positioning of the business toward pursuing growth under GS Retail CO., LTD. in South Korea. - FY2020ReframedAnnual report
「In Australia and the UK, which are the core of our overseas business, we will promote the development of short-term contract parking facilities optimized for parking demand in each country, based on our domestic parking business strategy of “small-scale, dispersed and dominant.” This will transform a business portfolio concentrated in large-scale, long-term contract parking facilities, reduce business risk and improve profitability.」
The company has made its description more specific, moving from a policy of simply expanding overseas networks and strengthening the business foundation to transforming its business portfolio in Australia and the UK around small-scale, dispersed and dominant operations and short-term contract parking. - FY2019RestatedAnnual report
「By combining the parking networks of each company with the expertise and management capabilities that our Group has developed in Japan in the parking and mobility businesses, we will prioritize strengthening our business foundations while promoting expansion of our business scale and enhancement of services that customers can use as comfortably as in Japan.」
Based on overseas operations in 7 countries, the company continues to pursue a policy of combining each company’s network with expertise from Japan and strengthening its business foundations. - FY2019-Q3RestatedAnnual report
「Across its various services, the Group has worked towards its new group philosophy, “Creating comfort that responds to and anticipates the times,” by expanding four networks—people (members), cars, cities (destinations) and parking facilities—and creating new services that connect them seamlessly, while developing its operating foundations in Japan and overseas.」
The company describes the development of business foundations in Japan and overseas as an ongoing initiative conducted in parallel with the expansion of 4 networks. - FY2019-Q2RestatedAnnual report
「We worked to develop our business foundations both in Japan and overseas.」
The company describes the development of business foundations in Japan and overseas as an ongoing initiative conducted in parallel with the expansion of 4 networks. - FY2019-Q1RestatedAnnual report
「Against this backdrop, the Group has worked to expand four networks—people (members), cars, cities (destinations) and parking facilities—and create new services that connect them seamlessly, in pursuit of comfort that responds to and anticipates the times, while developing its operating foundations, including those of its overseas parking companies.」
The company describes the development of its overseas business foundations, including overseas parking business companies, as an ongoing initiative supporting overseas expansion. - FY2018RestatedAnnual report
「Including National Car Parks Limited, which operates a parking business in the UK, we will combine the business expertise of Japan and each country and realize synergies, while accelerating the expansion of parking networks and services to create further business synergies and build a stronger management foundation.」
Following the transition of overseas business companies to wholly owned subsidiaries, the company continues to combine expertise from Japan and each country, realize synergies, and expand networks and services. - FY2018-Q3AdvancedAnnual report
「In addition, on 2 July 2018, we acquired an additional 20.0% stake in Periman Pty. Ltd and Secure Parking Singapore Pte. Ltd, consolidated subsidiaries, for a total of ¥5,890 million. As a result, during the cumulative consolidated period for the third quarter, our voting rights ratio became 100.0%,」
The company acquired the remaining 20% of 2 overseas parking business companies, making them wholly owned subsidiaries with a 100% voting rights ratio. - FY2018-Q2RestatedAnnual report
「Going forward, we will strengthen business foundations in each region, including governance, and combine the parking service networks of each country with the expertise and management capabilities developed in Japan to provide parking services that customers can use safely, securely and conveniently, as in Japan.」
The company continues to pursue a policy of strengthening business foundations and governance in each overseas region and combining the networks of each country with expertise from Japan. - FY2018-Q1RestatedAnnual report
「Last year, we brought overseas parking business companies in 5 countries, Australia, New Zealand, the UK, Singapore and Malaysia, into the Group. Going forward, we aim to strengthen those business foundations and develop parking services that customers can use safely, securely and conveniently, as in Japan,」
Based on the expansion that added overseas parking business companies in 5 countries, the company continues to aim to strengthen each business foundation and provide services comparable to those in Japan. - FY2017AdvancedAnnual report
「As part of our future growth strategy, we acquired shares in overseas parking business companies in January and August this year and expanded our business scale from the previous operations in 2 countries, Taiwan and South Korea, to 7 countries by adding Australia, New Zealand, the UK, Singapore and Malaysia.」
The company definitively records its annual results as having expanded overseas operations from 2 countries to 7, including the acquisitions of Secure Parking and National Car Parks. - FY2017-Q3AdvancedAnnual report
「Based on a resolution adopted at the Board of Directors meeting held on 14 July 2017, the company completed on 3 August 2017, through its local holding company Park24 UK Limited, the acquisition of a 51% stake in MEIF II CP Holdings 2 Limited, which held shares in National Car Parks Limited, a company operating a parking business in the UK, and its group companies.」
Following expansion into 7 overseas countries, the company completed the acquisition of a 51% stake in the UK’s NCP Group, establishing a concrete foundation for business expansion in Europe. - FY2017-Q2RestatedAnnual report
「As part of our future growth strategy, we acquired shares in overseas parking business companies in January and August this year and expanded our business scale from the previous operations in 2 countries, Taiwan and South Korea, to 7 countries by adding Australia, New Zealand, the UK, Singapore and Malaysia. Going forward, we will strengthen these business foundations and seek to expand our operations and enhance services using our expertise worldwide, particularly in Asia and Oceania, toward the realization of a comfortable car-oriented society.」
The company continues to pursue expansion into 7 countries and the expansion of its businesses and services worldwide, particularly in Asia and Oceania. - FY2017-Q1First statedAnnual report
「As part of our future growth strategy, we acquired shares in an overseas parking business company in January this year and expanded our business scale from the previous operations in 2 countries, Taiwan and South Korea, to 7 countries by adding Australia, New Zealand, the UK, Singapore and Malaysia.」
Through the acquisition of 80% of an overseas parking business company, the company expanded its operating region from 2 countries, Taiwan and South Korea, to 7 countries. It positions this as the foundation for full-scale overseas expansion.