Corporate History

Aug.1971		Nishikawa Shokai Co., Ltd., the predecessor company of PARK24, is established.
Dec.1991		The first "Times," 24-hour unmanned hourly parking facility, begins operation.
Mar.1997		The Company's stock is registered for OTC trading with the Japan Securities Dealers Association.
Apr.1998		The first Times with the "Park & Charge" facility begins operation, equipped with battery chargers for recharging electric vehicles.
Apr. 2000		The Company's stock listing is transferred to the First Section of the TSE.
Nov.		TPS (Times Partner Service) business begins operation.
Dec.		Online provision of information covering availability and location of Times begins.
Sep. 2001		The Company completes the first securitization of parking assets in Japan.
Mar.2003		The Company inaugurates the Times Club point incentive program, utilizing the TONIC (Times Online Network & Information Center) system.
Jan.2004		Koichi Nishikawa is appointed new President.
Mar.		The medium- to long-term management plan, "Innovate and Impact Plan 2004-2008," is announced.
Nov.		Executive officer system is introduced.
May.2005		The Company starts issuing "Times Business Card," a cashless payment service for corporate users.
Feb.2006		GS Park24 Co., Ltd. is established in South Korea.
Mar.		The Company issues CB
Apr.		The Company opens a branch office in Taipei, Taiwan.