Buy Or Sell Opportunity • May 07
Now 21% overvalued Over the last 90 days, the stock has fallen 9.0% to JP¥254. The fair value is estimated to be JP¥211, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 7.9%. Revenue is forecast to grow by 25% in 2 years. Earnings are forecast to grow by 23% in the next 2 years. New Risk • Mar 10
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 148% Dividend yield: 3.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • Mar 09
Dividend of JP¥9.00 announced Shareholders will receive a dividend of JP¥9.00. Ex-date: 30th July 2026 Payment date: 26th October 2026 Dividend yield will be 3.4%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (52% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 08
Second quarter 2026 earnings released: EPS: JP¥4.03 (vs JP¥3.72 in 2Q 2025) Second quarter 2026 results: EPS: JP¥4.03 (up from JP¥3.72 in 2Q 2025). Revenue: JP¥10.7b (up 11% from 2Q 2025). Net income: JP¥1.28b (up 7.8% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Commercial Services industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year. Ankündigung • Mar 07
NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces an Equity Buyback for 6,000,000 shares, representing 1.89% for ¥1,500 million. NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 1.89% of its total shares outstanding excluding treasury shares, for a total of ¥1,500 million. The purpose of repurchase program to enhance shareholder returns and capital efficiency, and to implement a flexible capital policy in response to changes in the business environment. The repurchase program is valid till May 31, 2026. As of February 28, 2026, the company had 317,773,016 outstanding shares (excluding treasury shares) and had 30,625,584 shares in treasury. Ankündigung • Jan 06
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q2, 2026 Results on Mar 06, 2026 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q2, 2026 results on Mar 06, 2026 Reported Earnings • Dec 06
First quarter 2026 earnings released: EPS: JP¥4.34 (vs JP¥4.35 in 1Q 2025) First quarter 2026 results: EPS: JP¥4.34 (down from JP¥4.35 in 1Q 2025). Revenue: JP¥9.21b (up 4.9% from 1Q 2025). Net income: JP¥1.38b (flat on 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year. Ankündigung • Oct 30
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q1, 2026 Results on Dec 05, 2025 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q1, 2026 results on Dec 05, 2025 Reported Earnings • Sep 14
Full year 2025 earnings released: EPS: JP¥15.04 (vs JP¥16.10 in FY 2024) Full year 2025 results: EPS: JP¥15.04 (down from JP¥16.10 in FY 2024). Revenue: JP¥36.8b (up 13% from FY 2024). Net income: JP¥4.80b (down 6.0% from FY 2024). Profit margin: 13% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year. Ankündigung • Sep 12
NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 23, 2025 NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 23, 2025. Upcoming Dividend • Jul 23
Upcoming dividend of JP¥8.00 per share Eligible shareholders must have bought the stock before 30 July 2025. Payment date: 27 October 2025. Payout ratio is a comfortable 33% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of Japanese dividend payers (3.9%). Higher than average of industry peers (2.1%). Ankündigung • Jul 08
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Fiscal Year 2025 Results on Sep 12, 2025 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report fiscal year 2025 results on Sep 12, 2025 Ankündigung • Jun 27
NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces an Equity Buyback for 4,000,000 shares, representing 1.25% for ¥1,000 million. NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 1.25% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program to enhance shareholder returns and capital efficiency, and to implement a flexible capital policy in response to changes in the business environment. The repurchase program is valid till September 30, 2025. As of May 31, 2025, the company had 319,550,527 outstanding shares (excluding treasury shares) and had 28,848,073 shares in treasury. Reported Earnings • Jun 07
Third quarter 2025 earnings released: EPS: JP¥3.75 (vs JP¥3.74 in 3Q 2024) Third quarter 2025 results: EPS: JP¥3.75 (up from JP¥3.74 in 3Q 2024). Revenue: JP¥10.0b (up 9.7% from 3Q 2024). Net income: JP¥1.20b (flat on 3Q 2024). Profit margin: 12% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year. Declared Dividend • Jun 06
Dividend of JP¥8.00 announced Shareholders will receive a dividend of JP¥8.00. Ex-date: 30th July 2025 Payment date: 27th October 2025 Dividend yield will be 3.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Apr 01
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q3, 2025 Results on Jun 06, 2025 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q3, 2025 results on Jun 06, 2025 Buy Or Sell Opportunity • Apr 01
Now 20% undervalued Over the last 90 days, the stock has risen 9.3% to JP¥234. The fair value is estimated to be JP¥293, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. Buy Or Sell Opportunity • Mar 11
Now 20% undervalued Over the last 90 days, the stock has risen 11% to JP¥235. The fair value is estimated to be JP¥295, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 20%. New Risk • Mar 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (344% cash payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change). Reported Earnings • Mar 08
Second quarter 2025 earnings released: EPS: JP¥3.72 (vs JP¥2.90 in 2Q 2024) Second quarter 2025 results: EPS: JP¥3.72 (up from JP¥2.90 in 2Q 2024). Revenue: JP¥9.64b (up 17% from 2Q 2024). Net income: JP¥1.19b (up 29% from 2Q 2024). Profit margin: 12% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 17
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q2, 2025 Results on Mar 07, 2025 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q2, 2025 results on Mar 07, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Reported Earnings • Dec 12
First quarter 2025 earnings released: EPS: JP¥4.35 (vs JP¥4.39 in 1Q 2024) First quarter 2025 results: EPS: JP¥4.35 (down from JP¥4.39 in 1Q 2024). Revenue: JP¥8.78b (up 14% from 1Q 2024). Net income: JP¥1.38b (flat on 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Outside Director Hiroto Takaguchi was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 29
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q1, 2025 Results on Dec 06, 2024 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q1, 2025 results on Dec 06, 2024 Reported Earnings • Sep 08
Full year 2024 earnings released: EPS: JP¥16.10 (vs JP¥13.81 in FY 2023) Full year 2024 results: EPS: JP¥16.10 (up from JP¥13.81 in FY 2023). Revenue: JP¥32.7b (up 2.6% from FY 2023). Net income: JP¥5.10b (up 16% from FY 2023). Profit margin: 16% (up from 14% in FY 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 06
NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 24, 2024 NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 24, 2024. Ankündigung • Jul 31
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Fiscal Year 2024 Results on Sep 06, 2024 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report fiscal year 2024 results on Sep 06, 2024 Upcoming Dividend • Jul 23
Upcoming dividend of JP¥5.50 per share Eligible shareholders must have bought the stock before 30 July 2024. Payment date: 27 October 2024. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.1%). Reported Earnings • Jun 19
Third quarter 2024 earnings released: EPS: JP¥3.74 (vs JP¥3.13 in 3Q 2023) Third quarter 2024 results: EPS: JP¥3.74 (up from JP¥3.13 in 3Q 2023). Revenue: JP¥9.14b (up 9.1% from 3Q 2023). Net income: JP¥1.19b (up 19% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 11
Third quarter 2024 earnings released: EPS: JP¥3.74 (vs JP¥3.13 in 3Q 2023) Third quarter 2024 results: EPS: JP¥3.74 (up from JP¥3.13 in 3Q 2023). Revenue: JP¥9.14b (up 9.1% from 3Q 2023). Net income: JP¥1.19b (up 19% from 3Q 2023). Profit margin: 13% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • May 06
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q3, 2024 Results on Jun 07, 2024 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q3, 2024 results on Jun 07, 2024 Reported Earnings • Mar 09
Second quarter 2024 earnings released: EPS: JP¥2.90 (vs JP¥2.31 in 2Q 2023) Second quarter 2024 results: EPS: JP¥2.90 (up from JP¥2.31 in 2Q 2023). Revenue: JP¥8.26b (up 12% from 2Q 2023). Net income: JP¥918.0m (up 25% from 2Q 2023). Profit margin: 11% (up from 10.0% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 06
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q2, 2024 Results on Mar 08, 2024 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q2, 2024 results on Mar 08, 2024 Reported Earnings • Dec 12
First quarter 2024 earnings released: EPS: JP¥4.39 (vs JP¥5.68 in 1Q 2023) First quarter 2024 results: EPS: JP¥4.39 (down from JP¥5.68 in 1Q 2023). Revenue: JP¥7.69b (down 17% from 1Q 2023). Net income: JP¥1.39b (down 24% from 1Q 2023). Profit margin: 18% (down from 20% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 09
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q1, 2024 Results on Dec 08, 2023 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q1, 2024 results on Dec 08, 2023 Reported Earnings • Nov 02
Full year 2023 earnings released: EPS: JP¥13.81 (vs JP¥9.62 in FY 2022) Full year 2023 results: EPS: JP¥13.81 (up from JP¥9.62 in FY 2022). Revenue: JP¥31.9b (up 21% from FY 2022). Net income: JP¥4.41b (up 41% from FY 2022). Profit margin: 14% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 11
Full year 2023 earnings released: EPS: JP¥13.81 (vs JP¥9.62 in FY 2022) Full year 2023 results: EPS: JP¥13.81 (up from JP¥9.62 in FY 2022). Revenue: JP¥31.9b (up 21% from FY 2022). Net income: JP¥4.41b (up 41% from FY 2022). Profit margin: 14% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 10
NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 26, 2023 NIPPON PARKING DEVELOPMENT Co.,Ltd., Annual General Meeting, Oct 26, 2023. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥5.25 per share at 2.4% yield Eligible shareholders must have bought the stock before 28 July 2023. Payment date: 28 October 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.5%). Higher than average of industry peers (2.0%). Reported Earnings • Jun 12
Third quarter 2023 earnings released: EPS: JP¥3.13 (vs JP¥2.64 in 3Q 2022) Third quarter 2023 results: EPS: JP¥3.13 (up from JP¥2.64 in 3Q 2022). Revenue: JP¥8.38b (up 18% from 3Q 2022). Net income: JP¥999.0m (up 17% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Ankündigung • Jun 10
NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces an Equity Buyback for 4,000,000 shares, representing 1.25% for ¥1,000 million. NIPPON PARKING DEVELOPMENT Co.,Ltd. (TSE:2353) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 1.25% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program to improve shareholder returns and capital efficiency, and to execute flexible capital policies in response to changes in the business environment. The repurchase program is valid till August 31, 2023. As of May 31, 2023, the company had 319,326,880 outstanding shares (excluding treasury shares) and had 29,071,720 shares in treasury. Reported Earnings • Mar 04
Second quarter 2023 earnings released: EPS: JP¥2.31 (vs JP¥2.03 in 2Q 2022) Second quarter 2023 results: EPS: JP¥2.31 (up from JP¥2.03 in 2Q 2022). Revenue: JP¥7.38b (up 13% from 2Q 2022). Net income: JP¥736.0m (up 11% from 2Q 2022). Profit margin: 10.0% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 29% per year. Ankündigung • Jan 07
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q2, 2023 Results on Mar 03, 2023 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q2, 2023 results on Mar 03, 2023 Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 22% share price gain to JP¥291, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 101% over the past three years. Reported Earnings • Dec 11
First quarter 2023 earnings released: EPS: JP¥5.68 (vs JP¥2.82 in 1Q 2022) First quarter 2023 results: EPS: JP¥5.68 (up from JP¥2.82 in 1Q 2022). Revenue: JP¥9.31b (up 48% from 1Q 2022). Net income: JP¥1.82b (up 98% from 1Q 2022). Profit margin: 20% (up from 15% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masamichi Ono was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Full year 2022 earnings released: EPS: JP¥9.62 (vs JP¥7.12 in FY 2021) Full year 2022 results: EPS: JP¥9.62 (up from JP¥7.12 in FY 2021). Revenue: JP¥26.3b (up 11% from FY 2021). Net income: JP¥3.13b (up 34% from FY 2021). Profit margin: 12% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥265, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 74% over the past three years. Reported Earnings • Sep 11
Full year 2022 earnings released: EPS: JP¥9.62 (vs JP¥7.12 in FY 2021) Full year 2022 results: EPS: JP¥9.62 (up from JP¥7.12 in FY 2021). Revenue: JP¥26.3b (up 11% from FY 2021). Net income: JP¥3.13b (up 34% from FY 2021). Profit margin: 12% (up from 9.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 31 October 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 79%. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%). Reported Earnings • Jun 05
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: JP¥2.64 (up from JP¥1.63 in 3Q 2021). Revenue: JP¥7.09b (up 13% from 3Q 2021). Net income: JP¥856.0m (up 61% from 3Q 2021). Profit margin: 12% (up from 8.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 3% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. 3 independent directors (9 non-independent directors). Independent Outside Director Masamichi Ono was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 18% share price gain to JP¥161, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 13x in the Commercial Services industry in Japan. Total returns to shareholders of 8.6% over the past three years. Reported Earnings • Mar 06
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: JP¥2.03 (up from JP¥0.76 in 2Q 2021). Revenue: JP¥6.56b (up 9.3% from 2Q 2021). Net income: JP¥664.0m (up 164% from 2Q 2021). Profit margin: 10% (up from 4.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Dec 06
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: JP¥2.82 (down from JP¥3.11 in 1Q 2021). Revenue: JP¥6.29b (up 4.1% from 1Q 2021). Net income: JP¥919.0m (down 11% from 1Q 2021). Profit margin: 15% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Earnings per share (EPS) surpassed analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 02
Full year 2021 earnings released: EPS JP¥7.12 (vs JP¥3.63 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥23.8b (up 3.5% from FY 2020). Net income: JP¥2.34b (up 94% from FY 2020). Profit margin: 9.8% (up from 5.2% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 06
Full year 2021 earnings released: EPS JP¥7.12 (vs JP¥3.63 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥23.8b (up 3.5% from FY 2020). Net income: JP¥2.34b (up 94% from FY 2020). Profit margin: 9.8% (up from 5.2% in FY 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Jul 22
Upcoming dividend of JP¥4.75 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 30 October 2021. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (2.0%). Reported Earnings • Jun 05
Third quarter 2021 earnings released: EPS JP¥1.63 (vs JP¥0.16 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥6.26b (down 2.9% from 3Q 2020). Net income: JP¥532.0m (up JP¥479.0m from 3Q 2020). Profit margin: 8.5% (up from 0.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 15
New 90-day high: JP¥158 The company is up 7.0% from a price of JP¥147 on 15 December 2020. Underperformed the Japanese market, which is up 9.0% over the last 90 days. Exceeded the Commercial Services industry, which is up 6.0% over the same period. Reported Earnings • Mar 07
Second quarter 2021 earnings released: EPS JP¥0.76 (vs JP¥2.05 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥6.00b (down 7.5% from 2Q 2020). Net income: JP¥252.0m (down 63% from 2Q 2020). Profit margin: 4.2% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Ankündigung • Dec 27
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q2, 2021 Results on Mar 05, 2021 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q2, 2021 results on Mar 05, 2021 Is New 90 Day High Low • Dec 24
New 90-day high: JP¥155 The company is up 17% from its price of JP¥133 on 25 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is down 2.0% over the same period. Reported Earnings • Dec 17
First quarter 2021 earnings released: EPS JP¥3.11 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.04b (up 5.0% from 1Q 2020). Net income: JP¥1.03b (up 24% from 1Q 2020). Profit margin: 17% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year. Is New 90 Day High Low • Dec 07
New 90-day high: JP¥141 The company is up 6.0% from its price of JP¥133 on 08 September 2020. The Japanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 2.0% over the same period. Reported Earnings • Dec 06
First quarter 2021 earnings released: EPS JP¥3.11 The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: JP¥6.04b (up 5.0% from 1Q 2020). Net income: JP¥1.03b (up 24% from 1Q 2020). Profit margin: 17% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year and the company’s share price has also fallen by 9% per year. Ankündigung • Oct 08
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Q1, 2021 Results on Dec 04, 2020 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report Q1, 2021 results on Dec 04, 2020 Ankündigung • Jul 17
NIPPON PARKING DEVELOPMENT Co.,Ltd. to Report Fiscal Year 2020 Results on Sep 04, 2020 NIPPON PARKING DEVELOPMENT Co.,Ltd. announced that they will report fiscal year 2020 results on Sep 04, 2020