Aiming to realize a comfortable motorized society, we will achieve new growth by expanding the Times network.

With a corporate slogan of “People, Cars, Communities, and (Times),” the PARK24 Group is operating with the aspiration of realizing a comfortable motorized society.

To ensure that it realizes its vision of a comfortable motorized society, the PARK24 Group made the transition to a pure holding company system on May 1, 2011, with Park24 Co., Ltd. as the holding company. The purpose of this transition is to strengthen our business base and accelerate our operating speed by clarifying the roles and business domains of each operating company, so that the PARK24 Group will evolve into a cluster of specialist groups, in which each Group company provides clearly superior services in its respective domain.

During the fiscal year ended October 31, 2011, the PARK24 Group was affected by a fall in traffic volume associated with sluggish corporate activities and weak consumption in the wake of the earthquake. However, the PARK24 Group promoted initiatives with a focus on the future, such as the new development of Times parking facilities in the Parking Business and the enhancement of vehicles for the rent-a-car service and the car sharing service in the Mobility Business. As a result, with respect to financial results, we were able to reach a new high in net sales, operating profit, and recurring profit.

With the aim of achieving further growth, the PARK24 Group also launched the medium-term management plan for three years in November 2011 and set a policy of expanding the Times network by enhancing the Parking Business and the Mobility Business.

To meet the expectations of its shareholders and investors, the PARK24 Group is committed to increasing its corporate value through sustainable growth. We sincerely hope that we can continue to count on the support and encouragement of our stakeholders in the future.

President