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Nippon Parking Development Co., Ltd.
(2353)
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Rating:73Outperform
Price Target:
¥303.00
▲(16.54% Upside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by strong financial performance (robust margins, solid cash flow generation, and high ROE). Valuation is supportive with a reasonable P/E and a 3.66% dividend yield. The main offset is mixed technical positioning, with the stock below key moving averages and neutral-to-soft momentum signals.
Positive Factors
Consistent Revenue Growth
Sustained revenue expansion indicates continuing demand for parking operations and related services. Growth across periods can support operating leverage, strengthen the company’s market position, and provide a durable base for future cash generation.
Negative Factors
Rising Debt Requires Monitoring
Although the balance sheet is described as stable, rising debt increases fixed financial commitments and can reduce flexibility if operating conditions weaken. Sustained growth in leverage could constrain investment capacity and make future cash flows more sensitive to business volatility.
Read all positive and negative factors
Positive Factors
Negative Factors
Consistent Revenue Growth
Sustained revenue expansion indicates continuing demand for parking operations and related services. Growth across periods can support operating leverage, strengthen the company’s market position, and provide a durable base for future cash generation.
Read all positive factors
Nippon Parking Development Co., Ltd. (2353) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥88.46B
Dividend Yield3.31%
Average Volume (3M)858.89K
Price to Earnings (P/E)16.5
Beta (1Y)0.56
Revenue Growth9.61%
EPS Growth-2.43%
CountryJP
Employees1,120
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)16.48
Shares Outstanding348,398,600
10 Day Avg. Volume829,350
30 Day Avg. Volume858,893
Financial Highlights & Ratios
PEG Ratio-2.71
Price to Book (P/B)4.37
Price to Sales (P/S)2.30
P/FCF Ratio22.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)19.9
Revenue Forecast (FY)¥45.80B
Nippon Parking Development Co., Ltd. Business Overview & Revenue Model
Company Description
Nippon Parking Development's core business is the comprehensive consulting and management of parking facilities. The company leases unused parking spaces in existing buildings from property owners and then rents them out through various contract t...
How the Company Makes Money
The company makes money mainly by operating and managing parking facilities and earning fees tied to parking usage and parking-facility operations. Key revenue streams typically include (1) parking usage income collected from drivers (time-based o...
Nippon Parking Development Co., Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
82
Very Positive
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 39.50B | 36.83B | 32.69B | 31.86B | 26.27B | 23.79B |
| Gross Profit | 15.69B | 14.73B | 12.67B | 11.97B | 9.74B | 8.34B |
| EBITDA | 10.26B | 9.64B | 8.04B | 7.55B | 5.83B | 4.41B |
| Net Income | 5.24B | 4.80B | 5.10B | 4.41B | 3.13B | 2.34B |
Balance Sheet | ||||||
| Total Assets | 60.01B | 49.98B | 42.14B | 29.08B | 27.60B | 28.71B |
| Cash, Cash Equivalents and Short-Term Investments | 26.93B | 21.66B | 16.62B | 11.05B | 11.64B | 13.46B |
| Total Debt | 22.90B | 18.63B | 15.95B | 7.91B | 9.30B | 11.43B |
| Total Liabilities | 35.77B | 27.11B | 23.57B | 15.13B | 15.87B | 17.98B |
| Stockholders Equity | 19.86B | 19.43B | 15.86B | 11.76B | 9.91B | 8.96B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 3.71B | 696.42M | 1.94B | 2.26B | 1.12B |
| Operating Cash Flow | 0.00 | 8.18B | 6.20B | 6.12B | 3.94B | 3.41B |
| Investing Cash Flow | 0.00 | -4.89B | -7.36B | -2.57B | -1.36B | -2.20B |
| Financing Cash Flow | 0.00 | 1.20B | 6.49B | -4.25B | -4.50B | -4.22B |
Nippon Parking Development Co., Ltd. Technical Analysis
Positive
260.00
Price Trends
251.99
Positive
249.32
Positive
256.16
Positive
Market Momentum
5.92
Negative
70.55
Negative
84.12
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2353, the sentiment is Positive. The current price of 260 is above the 20-day moving average (MA) of 259.25, above the 50-day MA of 251.99, and above the 200-day MA of 256.16, indicating a bullish trend. The MACD of 5.92 indicates Negative momentum. The RSI at 70.55 is Negative, neither overbought nor oversold. The STOCH value of 84.12 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2353.
Nippon Parking Development Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥125.08B | 13.41 | ― | 3.29% | 3.60% | 4.62% | |
73 Outperform | ¥88.30B | 12.78 | ― | 3.42% | 0.89% | 13.66% | |
73 Outperform | ¥88.46B | 16.50 | 27.49% | 3.04% | 9.61% | -2.43% | |
70 Outperform | ¥60.00B | 9.56 | ― | 2.97% | 10.25% | 6.33% | |
69 Neutral | ¥127.74B | 16.10 | ― | 3.24% | 1.86% | 50.49% | |
68 Neutral | ¥345.64B | 8.35 | 43.70% | 1.49% | 6.85% | 177.94% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
JP:2353
Nippon Parking Development Co., Ltd.
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Nippon Parking Development Co., Ltd. Corporate Events
Nippon Parking Development Sets Three-Year Path for Higher Dividends and Balanced Growth Investment
Aug 7, 2026
Nippon Parking Development has unveiled a medium-term shareholder return policy that commits to raising its minimum annual dividend from the planned ¥9.0 per share in the fiscal year ending July 2026 to at least ¥12.0 per share by the fi...
Nippon Parking Development Advances Share Buyback Under JPY 1 Billion Program
Aug 3, 2026
Nippon Parking Development has repurchased 520,600 shares of its common stock for approximately JPY 135 million between July 17 and July 31, 2026, via market purchases on the Tokyo Stock Exchange through a securities company. This buyback is part ...
Nippon Parking Development Expands and Digitizes Shareholder Benefit Program
Jul 27, 2026
Nippon Parking Development has announced revisions to its shareholder benefit program, effective from the end-of-January record date, with detailed benefits based on the number of shares held as of July 31. The program is designed to strengthen lo...
Nippon Parking Development Launches ¥1 Billion Share Buyback to Boost Capital Efficiency
Jun 5, 2026
Nippon Parking Development’s board has approved a share buyback program to acquire up to 4 million shares of its common stock, representing about 1.28% of its outstanding shares, for a maximum of JPY 1 billion. The purchases will be conducte...
Nippon Parking Development Lifts Nine-Month Earnings, Keeps Full-Year Forecast Intact
Jun 5, 2026
Nippon Parking Development reported consolidated net sales of ¥31.1 billion for the nine months ended April 30, 2026, up 9.4% year on year, with operating profit rising 5.6% to ¥7.0 billion and profit attributable to owners of parent cli...
Nippon Parking Development Discloses Governance and Ownership Details of Unlisted Parent
May 29, 2026
Nippon Parking Development announced that its unlisted parent company, Tatsumi Shoten Co., Ltd., which is engaged in real estate leasing and equity investment with capital of ¥25 million, has finalized financial results for the fiscal year en...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.