Building a small-scale, diversified and dominant overseas parking business and developing short-term contract parking facilities
First written in FY2020. 7 of 15 entries say "Restated". Latest entry: 2026-08-31.
The whole theme swung hardest in 2022: 2 of 9 companies on the "Worse" side.
15 other companies' latest entry also says "Advanced".
- 2026-08-31AdvancedEarnings
「Through the restructuring, the UK business was rebuilt as a business centered on local versions of Times Parking based on small-scale, short-term lease contracts, moving away from the existing business centered on parking sites with large-scale, long-term lease contracts.」
Described the UK business portfolio shift as a completed restructuring. - FY2026-H1AdvancedAnnual report
「Through this restructuring, the UK business is moving away from its existing model centered on parking facilities under large-scale, long-term lease contracts and is being rebuilt as a small-scale business centered on country-specific versions of Times Parking, which use small-scale, short-term lease contracts.」
The overseas business portfolio transformation has reached the stage of rebuilding the UK business from one centered on large-scale, long-term leases to one centered on small-scale, short-term leases. - FY2025RestatedAnnual report
「Based on the domestic parking business strategy of small-scale, dispersed, and locally dominant operations, we promoted the development of short-term contract parking facilities, or country-specific versions of Times Parking, suited to parking demand conditions in each region. This optimized a business portfolio concentrated in large parking facilities under long-term contracts, reduced business risk, and improved profitability.」
We continue to develop short-term contract parking facilities in the overseas business, optimize the portfolio, reduce risk, and improve profitability. - FY2025-H1RestatedAnnual report
「Based on the domestic parking business strategy of small-scale, dispersed, and locally dominant operations, we are promoting the development of short-term contract parking facilities, or country-specific versions of Times Parking, suited to parking demand conditions in each region. This will optimize a business portfolio concentrated in large parking facilities under long-term contracts, reduce business risk, and improve profitability.」
In the overseas business, we continue to promote the development of short-term contract parking facilities based on small-scale, dispersed, and locally dominant operations, optimize the portfolio, reduce risk, and improve profitability. - FY2024-Q2RestatedAnnual report
「Based on the domestic parking business strategy of small-scale, dispersed, and locally dominant operations, we are promoting the development of short-term contract parking facilities, or country-specific versions of Times Parking, suited to parking demand conditions in each region. This will optimize a business portfolio concentrated in large parking facilities under long-term contracts and reduce business risk.」
In the overseas business, we continue to promote the development of short-term contract parking facilities based on small-scale, dispersed, and locally dominant operations, and to reduce risk through portfolio optimization. - FY2023-Q1RaisedAnnual report
「Based on the domestic parking business strategy of small-scale, dispersed, and locally dominant operations, we are promoting and scaling up the development of short-term contract parking facilities optimized for parking demand conditions in each country. This will enable us to review a business portfolio concentrated in large parking facilities under long-term contracts, reduce business risk, and work toward an early return to profitability.」
For short-term contract parking facilities in the overseas business, we have moved beyond promoting development to scaling it up, explicitly targeting portfolio optimization and an early return to profitability. - FY2022-Q2RestatedAnnual report
「In the UK, we reviewed costs through contract terminations and rent revisions negotiated individually with landowners. In other countries as well, we actively pursued reductions in parking operations costs, including greater efficiency in management and maintenance, thereby strengthening the business.」
We continue to reduce costs in the overseas business through contract terminations and rent revisions in the UK and greater efficiency in management and maintenance in other countries. - FY2022-Q1RestatedAnnual report
「In other countries as well, we are actively pursuing reductions in operating costs, including greater efficiency in management and maintenance. As part of our business restructuring, we are also promoting the development of short-term contract parking facilities, or country-specific versions of Times Parking, tailored to conditions in each overseas country and based on the characteristics of Japan's domestic Times Parking business: small-scale, dispersed, and locally dominant operations.」
We continue to reduce operating costs in overseas countries and develop country-specific versions of Times Parking based on the domestic model of small-scale, dispersed, and locally dominant operations. - FY2021ReframedAnnual report
「We decided to withdraw this application on 15 December 2021.」
The restructuring plan for NCP in the UK was withdrawn against the backdrop of a recovery in operations and prospects for rebuilding the cost structure, while business restructuring through the termination of contracts for underperforming parking facilities and changes to contract terms continues. - FY2021-Q3AdvancedAnnual report
「As part of our business restructuring, we are also promoting the development of country-specific versions of Times Parking based on the characteristics of Japan's domestic parking business.」
As part of the restructuring of the overseas business, we continue to promote the development of country-specific versions of Times Parking based on the characteristics of the domestic parking business. - FY2021-Q2AdvancedAnnual report
「In particular, in the UK, where the business environment is especially challenging, National Car Parks filed on 30 April 2021 (local time) a restructuring plan under Part 26A of the Companies Act, 2006, with the cooperation of landowners, seeking rent reductions, contract revisions, and the termination of contracts for underperforming parking facilities in order to improve the business structure rapidly and fundamentally.」
The disclosure states that NCP in the UK filed a restructuring plan under Part 26A, including rent reductions, contract revisions, and the termination of contracts for underperforming parking facilities, indicating a specific stage in the restructuring of the overseas business. - FY2021-Q1RestatedAnnual report
「Accordingly, in each region we are actively negotiating rent revisions for underperforming parking facilities, while reducing and streamlining management and maintenance costs by reviewing our operating structure. As part of our business restructuring, we are also promoting the development of country-specific versions of Times Parking based on the characteristics of Japan's domestic parking business.」
In the overseas business, we continue to revise rents at underperforming parking facilities, review operating structures, reduce management and maintenance costs, and develop country-specific versions of Times Parking. - FY2020First statedAnnual 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.」
We are transforming a portfolio concentrated in large parking facilities under long-term contracts in Australia and the UK through the development of short-term contract parking facilities, with measures aimed at reducing risk and improving profitability being presented as a standalone theme for the first time.