- CEO
- Koichi Nishikawa
- Full Time Employees
- 5,502
- Sector
- Industrials
- Industry
- Industrial - Infrastructure Operations
- Address
- 2-20-4 Nishigotanda Tokyo Japan 141-8924
- IPO Date
- May 28, 2013
- Business
- PARK24 Co., Ltd. operates primarily in the parking and mobility services industry, managing and operating parking facilities across Japan, the United Kingdom, Australia, New Zealand, Singapore, Malaysia, Taiwan, and other international markets. Founded in 1971 and headquartered in Tokyo, Japan, PARK24 operates through three main business segments: Domestic Parking Business, International Parking Business, and Mobility Business. The company’s core products and services include hourly and monthly parking facilities; specialized parking for large vehicles, motorcycles, and bicycles; reserved parking; pay and display parking services; and patrolled parking lots overseas. In mobility services, it offers Times CAR RENTAL, a rent-a-car service; Times CAR, a membership-based unattended car rental system; car sharing services under the Times Car PLUS brand; Times Club membership services for individual drivers; corporate mobility services; and Times PAY, a payment platform for restaurants and retail. Additional services include insurance consultation, financial planning, and roadside assistance.
In recent years, PARK24 has expanded its portfolio to integrate electric vehicle charging infrastructure alongside intelligent parking systems that utilize big data and digital technologies to optimize space usage and enhance user convenience. The company has also initiated collaborations, including a pilot ride-hailing service in partnership with Uber launched in 2024 using its car-sharing vehicles. Financially, PARK24 secured significant funding rounds, including a recent capital infusion of 45 billion yen to support growth initiatives across its parking and mobility segments. Operationally, the company has been expanding its international footprint by increasing parking site locations in key overseas markets. It continues to focus on developing a comprehensive urban mobility ecosystem by linking physical parking infrastructure with digital mobility and payment solutions, strengthening its brand Times, which represents the core mobility-related services. The company employs over 5,600 employees on a consolidated basis and maintains a strong presence primarily in Japan with expanding international operations.
PARK24 Co., Ltd. remains a leading integrated urban mobility services company offering a wide range of interconnected products and services that meet diverse transportation and parking needs across Asia-Pacific and international markets.