NIPPON PARKING DEVELOPMENT Co (2353) Q1 2026 earnings summary

Executive summary

• Net sales for the first quarter rose 4.9% year-over-year to ¥9,206 million, with ordinary profit up 3.8% to ¥2,047 million, but operating profit and net income declined slightly by 1.8% and 0.2% respectively.

• Comprehensive income increased 10.0% year-over-year to ¥1,427 million.

Financial highlights

• Gross profit increased to ¥3,710 million from ¥3,584 million year-over-year.

• Operating profit was ¥1,928 million (down 1.8% YoY), ordinary profit ¥2,047 million (up 3.8% YoY), and profit attributable to owners of parent ¥1,378 million (down 0.2% YoY).

• Basic earnings per share was ¥4.34, compared to ¥4.36 a year earlier.

• Equity-to-asset ratio declined to 33.9% from 38.3% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥40,800 million (up 10.8% YoY), with operating profit of ¥8,500 million (up 11.0% YoY) and profit attributable to owners of parent of ¥5,700 million (up 18.8% YoY).

• No changes to previously announced earnings forecasts.