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FY2026 3rd Quarter Financial Results Briefing Meeting August 31, 2026 Takao Miki Director, Executive Corporate Officer, CFO PARK24 CO., LTD. © PARK24 CO., LTD Prime Market of TSE/4666 Ticker Symbol PKCOY
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© PARK24 CO., LTD I. Consolidated Results for Q3 II. Results by Business Segment III. Financial Position IV. Other Topics 2 [Definitions] • Q3 ＝Third Quarter Consolidated Accounting Period (May 2026 ~ Jul. 2026) • Q3 Cumulative ＝Third Quarter Consolidated Cumulative Period (Nov. 2025 ~ Jul. 2026) • Revised plan ＝ Revised Plan Announced on June 15, 2026 ＝1stH reflects the actual results, and 2ndH maintains the initial plan
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Ⅰ. Consolidated Results ①Consolidated P/L Net sales and Each profit level is generally in line with the revised plan ► Net sales 304.0 billion yen (-0.7 billion yen vs the revised plan): Consolidated results were broadly in line with the revised plan. The Mobility Business fell short of plan, whereas the Parking Business International exceeded plan, partly benefiting from FX tailwinds. ► Recurring profit 26.7 billion yen (+0.1 billion yen vs the revised plan) ► Profit attributable to owners of parent 36.3 billion yen (-0.2 billion yen vs the revised plan)：In line with the revised plan reflecting a significant increase YoY due to the UK Business Restructuring. 3© PARK24 CO., LTD 21.1 24.0 22.2 26.7 (120.0%) 26.6 241.5 270.2 295.9 304.0 (102.7%) 304.8 (Revised plan) FY2023 FY2024 FY2025 FY2026 Net sales Recurring profit (Lower row：YoY) FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Net sales 270.2 (111.9%) 295.9 (109.5%) 304.0 (102.7%) 304.8 -0.7 Operating profit 26.6 (109.1%) 24.9 (93.6%) 28.9 (116.2%) 28.9 +0.0 Recurring profit 24.0 (113.7%) 22.2 (92.7%) 26.7 (120.0%) 26.6 +0.1 Profit attributable to owners of parent 14.6 (95.8%) 9.9 (67.9%) 36.3 (365.1%) 36.6 -0.2 【Chart-1】Q3 Cumulative Net sales・Recurring profit (Billion yen)【Table-1】Q3 Cumulative Consolidated Profit and Loss Statement (Billion yen) (Lower row：YoY / vs revised plan)
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Ⅰ. Consolidated Results ➁by Business Segment Parking Business Japan and International exceeded the revised plan in both Net sales and Business profit, Mobility Business fell short of the plan, Business development (TPL*) expanded steadily, in line with the plan 4© PARK24 CO., LTD FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Net sales 270.2 295.9 (109.5%) 304.0 (102.7%) 304.8 -0.7 Parking Business Japan 134.5 147.3 (109.5%) 160.2 (108.7%) 159.8 +0.4 Mobility Business 80.1 92.0 (114.8%) 103.0 (112.0%) 106.7 -3.6 Parking Business International 59.6 61.8 (103.5%) 45.2 (73.2%) 42.8 +2.4 Business Development (TPL) - - 0.6 (-%) 0.8 -0.1 Other (Adjustments, etc.) -4.2 -5.3 -5.2 -5.3 +0.0 (Lower row：YoY / vs revised plan) (Lower row：YoY / vs revised plan) 【Table-3】Q3 Cumulative Recurring profit / Business profit by Segment (Billion yen)【Table-2】Q3 Cumulative Net sales by Segment (Billion yen) FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Recurring profit 24.0 22.2 (92.7%) 26.7 (120.0%) 26.6 +0.1 Parking Business Japan 26.9 27.5 (102.3%) 28.2 (102.6%) 27.7 +0.5 Mobility Business 10.5 9.0 (86.2%) 10.3 (113.6%) 11.4 -1.1 Parking Business International -0.0 -0.4 (-%) 1.1 (-%) 1.2 +0.0 Business Development (TPL) - - 0.2 (-%) 0.2 +0.0 Other (HQ costs, etc.) -13.3 -13.8 -13.3 -13.9 +0.6 * Times PLATFORM SERVISES
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© PARK24 CO., LTD I. Consolidated Results for Q3 II. Results by Business Segment III. Financial Position IV. Other Topics 5 [Definitions] • Q3 ＝Third Quarter Consolidated Accounting Period (May 2026 ~ Jul. 2026) • Q3 Cumulative ＝Third Quarter Consolidated Cumulative Period (Nov. 2025 ~ Jul. 2026) • Revised plan ＝ Revised Plan Announced on June 15, 2026 ＝1stH reflects the actual results, and 2ndH maintains the initial plan
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Ⅱ. Results by Business Segment ①Parking Business Japan Net sales and Business profit exceeded the revised plan due to solid service operations 6© PARK24 CO., LTD ► Net sales 160.2 billion yen (+0.4 billion yen vs the revised plan), business profit 28.2 billion yen (+0.5 billion yen vs the revised plan) ► Development of 1,291 Times PARKING sites (net increase of 721 sites): Steady progress towards the full-year plan of newly developed 1,800 sites (net increase 1,021 sites). ► Investments for sustainable growth (replacement of the Times TOWER payment machines and conversions to camera-equipped parking sites) is on pace with the plan. Cost reduction effects from these investments have mitigated negative impact on the P/L vs. the revised plan 700 1,056 1,209 1,291 17,639 18,571 19,679 20,400 FY2023 FY2024 FY2025 FY2026 【Table-4】Q3 Cumulative Net sales・Business profit (Billion yen) (Lower row：YoY / vs revised plan) 【Chart-2】Number of Times PARKING sites・Developed (sites) +82 +721FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Net sales 134.5 147.3 (109.5%) 160.2 (108.7%) 159.8 +0.4 Business profit 26.9 27.5 (102.3%) 28.2 (102.6%) 27.7 +0.5 Business profit ratio 20.0% 18.7% 17.6% 17.3% Investments for Sustainable Growth (Amounts affecting PL) -0.5 -1.4 -2.5 -2.8 +0.2 Business Profit excluding investments 27.4 29.0 (105.7%) 30.8 (106.3%) 30.5 +0.2 Business profit ratio 20.4% 19.7% 19.2% 19.1% Sites operated (End of each FY・End of Q3 FY2026) Sites developed (Q3 cumulative for each FY)
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60,047 (113.2%) 69,170 (115.2%) 80,691 (116.7%) 86,995 2,289 (118.0%) 2,833 (123.7%) 3,439 (121.4%) 4,057 (118.0%) FY2023 FY2024 FY2025 FY2026 Ⅱ. Results by Business Segment ➁Mobility Business - Performance / Service Scale Net sales and business profit fell short of the revised plan due to lower-than-expected utilization of services dedicated to Times CAR. 7© PARK24 CO., LTD (Lower row：YoY / vs revised plan) FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Net sales 80.1 92.0 (114.8%) 103.0 (112.0%) 106.7 -3.6 Service operations 76.2 88.0 (115.5%) 97.2 (110.4%) 100.7 -3.5 Sales and Disposal of Vehicles 3.9 4.0 (101.9%) 5.8 (147.1%) 5.9 -0.0 Business profit 10.5 9.0 (86.2%) 10.3 (113.6%) 11.4 -1.1 Service operations 9.4 8.3 (88.1%) 9.3 (112.6%) 10.6 -1.2 Sales and Disposal of Vehicles 1.0 0.7 (69.6%) 0.9 (125.0%) 0.8 +0.1 【Table-5】Q3 Cumulative Net sales・Business profit (Billion yen) 【Chart-3】Number of Times CAR (vehicles)／Member (thousand people) +6,304 +618 ► Net sales 103.0 billion yen (-3.6 billion yen vs the revised plan), business profit 10.3 billion yen (-1.1 billion yen vs the revised plan) ► Total number of Times CAR vehicles 86,995 vehicles (+6,304 vs. end of the previous period) : Vehicles increased ahead of summer demand, but at a pace below both the same period last year and the revised plan ► Times CAR Members 4,057 thousand people (+618 thousand people vs. YoY) : Surpassed 4,000 thousand members, Accelerated growth through Q3, Aiming to further boost growth (Lower row：YoY) Number of members (End of Q3 for each FY) Times CAR Total (End of each FY・End of Q3 FY2026)
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Ⅱ. Results by Business Segment ③Mobility Business –Times CAR Dedicated Vehicles Net sales and Business profit fell short of the revised plan due lower-than-expected utilization of Times CAR Dedicated Vehicles © PARK24 CO., LTD 8 ► Times CAR Dedicated Vehicles: Net sales 78.8 billion yen (-2.9 billion yen vs the revised plan), business profit 7.5 billion yen (-0.7 billion yen vs the revised plan) FY2024 FY2025 FY2026 Actual Actual Actual Revised plan Net sales 76.2 88.0 (115.5%) 97.2 (110.4%) 100.7 -3.5 Times CAR Dedicated 56.2 68.8 (122.3%) 78.8 (114.5%) 81.7 -2.9 Rent-a-Car and others 19.9 19.2 (96.2%) 18.3 (95.7%) 19.0 -0.6 Business profit 9.4 8.3 (88.1%) 9.3 (112.6%) 10.6 -1.2 Times CAR Dedicated 6.0 5.4 (89.9%) 7.5 (138.8%) 8.2 -0.7 Rent-a-Car and others 3.4 2.9 (85.1%) 1.8 (63.9%) 2.3 -0.4 【Table-6】Q3 Cumulative Breakdown of Service Operations P/L (Billion yen) (Lower row：YoY / vs revised plan) Times CAR 86,995 vehicles [Directly managed] Times CAR Dedicated 69,733 vehicles (80.2%) FC 7,371 vehicles (8.5%) [Directly managed] Rent-a-Car 9,891 vehicles (11.4%) 【Chart-4】End of Q3 Breakdown of Times CAR 51,051 63,880 69,733 End of FY2024 End of FY2025 End of 3Q FY2026 【Chart-5】Times CAR Dedicated Vehicles (vehicles) +5,853 (In parentheses：Proportion) *Allocation of operating expenses (≒ Business profit) between directly managed Times CAR Dedicated and Rent -a-Car is estimated based on certain criteria . *Most [directly managed Rent-a-Car] vehicles have online car management system and can be used for the car sharing service. Vehi cles are used flexibly for either the car sharing service or the rent -a-car service, depending on demand.
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Ⅱ. Results by Business Segment ④Mobility Business - Times CAR Dedicated Vehicles - P/L per vehicle/month Business profit grew YoY despite lower monthly sales per vehicle, due to reduced operating expenses per vehicle © PARK24 CO., LTD 9 ► In FY2025, as the focus was on increasing vehicles, vehicle increase (supply) outpaced membership growth (demand), and monthly sales and business profit per vehicle declined ► In FY2026, we moderated the pace of vehicle additions and focused on member acquisition, resulting in membership growth outpacing vehicle growth by the end of Q2, with the gap further widening through Q3. ► Sales per vehicle per month have gradually improved (see p.11); however, on a cumulative basis through Q3, they were still lower than in the corresponding period of the previous year. ► Business Profit grew due to reduced operating expenses per vehicle 136.1 121.5 135.9 (99.9%) 125.2 (103.0%) 132.0 (97.1%) 119.4 (95.4%) 14.5 10.6 (73.4%) 12.5 (117.8%) Business profit Operating expenses Net sales 【Chart-7】Q3 Cumulative Times CAR Dedicated Vehicles P/L per Vehicle/Month (thousand yen) (Lower row：YoY) FY2024 FY2025 114.1% 121.0% 125.1% 112.9% 118.8% 125.1% 119.2% 118.0% End of FY2023 End of FY2024 End of FY2025 End of Q3 FY2026 【Chart-6】 YoY of Times CAR Dedicated Vehicles & Members Number of members Times CAR Dedicated Vehicles FY2026 Business profit ratio 9.5% Business profit ratio 7.9% Business profit ratio 10.7%
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Ⅱ. Results by Business Segment ⑤Mobility Business - Times CAR Dedicated Vehicles– Breakdown of monthly usage fee per vehicle Monthly usage fee per vehicle declined YoY, reflecting an increase in the fee per use and a decrease in the number of uses. 10© PARK24 CO., LTD 76.7 (114.2%) 79.4 (103.5%) 77.6 (97.8%) 73.9 (95.3%) 80.7 (Revised plan) 35.0 (122.6%) 38.1 (108.9%) 38.7 (101.6%) 39.2 (101.1%) 40.2 (Revised plan) 111.7 (116.7%) 117.5 (105.2%) 116.4 (99.1%) 113.1 (97.2%) 120.9 (Revised plan)Total Corporate use Individual use 【Chart-8】Q3 Cumulative Breakdown of Usage Fees per Vehicle/Month [Individual vs. Corporate] (Thousand yen) (Lower row：YoY) 33.1 33.2 32.6 30.6 3,374 3,534 3,567 3,689 FY2023 FY2024 FY2025 FY2026 【Chart-9】 Q3 Cumulative Breakdown of Usage Fees per Vehicle/Month [Unit price per use × Number of uses] Unit price per use Number of uses +121 yen -1.9 uses ► Individual use fell short of both YoY and the revised plan, Corporate usage is recovering YoY, despite falling short of revised plan ► Following the rate revision in December 2025, unit price per use increased YoY, while the number of uses declined as vehicle growth outpaced membership growth
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Ⅱ. Results by Business Segment ⑥Mobility Business - Times CAR Dedicated Vehicles- Quarterly trend of monthly usage fee per vehicle On a quarterly basis, YoY performance trends in monthly usage fee per vehicle has been improving since bottoming out in Q4 of FY2025 11© PARK24 CO., LTD 114.3 116.7 121.1 133.2 117.6 113.2 118.3 126.1 112.0 109.4 117.8 105.2% 107.4% 103.2% 102.7% 102.8% 97.0% 97.7% 94.6% 95.3% 96.6% 99.6% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 FY2024 FY2025 FY2026 YoY Quarterly Trends Monthly usage fee per vehicle (thousand yen) 【Chart-10】Times CAR Dedicated Vehicles Monthly Usage Fee per Vehicle (thousand yen)・YoY (%) Quarterly trend ► Monthly usage fee per vehicle is on a recovery trend, fueled by moderated pace of vehicle increase and the focus on member acquisition from FY2026, as well as the rate revision implemented in December 2025
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Ⅱ. Results by Business Segment ⑦Parking Business International – Performance (Consolidated period：Oct 2025 ~ Jun 2026) UK and Taiwan exceeded the revised plan in both net sales and business profit, while Australia and MY fell short of the plan in business profit due to lower-than-expected service utilization © PARK24 CO., LTD 12 【Table-7】Results (Billion yen) (Lower row：YoY / vs revised plan) FY2025 FY2026 Actual Actual Revised plan Net sales 61.8 (103.5%) 45.2 (73.2%) 42.8 +2.4 UK 34.8 (106.9%) 17.0 (48.7%) 14.8 +2.2 Australia 15.3 (93.0%) 16.0 (104.5%) 15.6 +0.4 Taiwan 7.2 (110.6%) 8.3 (114.8%) 8.1 +0.2 SG / MY 4.3 (108.4%) 3.8 (89.1%) 4.3 -0.4 Business profit (loss) -0.4 (-%) 1.1 (-%) 1.2 -0.0 UK -1.7 (-%) -1.0 (-%) -1.1 +0.0 Australia -0.0 (-%) 0.6 (-%) 0.9 -0.2 Taiwan 0.9 (101.9%) 1.2 (125.4%) 1.0 +0.2 SG / MY 0.3 (97.7%) 0.2 (89.3%) 0.4 -0.1 【Australia】 ► Improved profitability YoY due to the contract expiry of loss-making sites. ► Service Operations fell below expectations due to weaker demand amid challenging market conditions. (Net Sales fell short of revised plan on a Local currency basis) 【SG / MY】 ► SG will not contribute to earnings from Q3 due to the business divestiture ► MY fell short of the revised plan in both net sales and business profit due to lower-than-expected service utilization from Q3 onward. 【Taiwan】 ► Service operations were exceeded expectations. ► Both net sales and business profit exceeded the revised plan. 【Table-8】[Local Currency] Results FY2025 FY2026 Actual Actual Revised plan UK (Millions GBP) Net sales 180 (104.6%) 80 (44.9%) 74 +6 Business expenses -189 (106.9%) -85 (45.3%) -79 -6 Business profit (loss) -9 (-%) -4 (-%) -5 +0 Exchange Rate (yen/GBP) 193.6 210.1 200.0 Australia (Millions AUD) Net sales 159 (95.8%) 148 (93.1%) 164 -15 Business expenses -160 (95.9%) -142 (89.0%) -154 +11 Business profit (loss) -0 (-%) 6 (-%) 9 -3 Exchange Rate (yen/GBP) 96.0 107.8 95.0 (Lower row：YoY / vs revised plan) 【UK】* Q2 onward reflects performance after the restructuring ► Net sales decreased YoY due to the restructuring, while exceeding the revised plan due to strong service operations in facility management services. ► Business profit remained negative due to losses prior to the restructuring and some remaining loss-making sites, generally in line with revised plan.
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Ⅱ. Results by Business Segment ⑧Parking Business International - Localized Times PARKING (TP) Operating scale of the UK business decreased significantly due to the restructuring, while promoting business development in other regions 13© PARK24 CO., LTD 【Table-9】Number of Sites／Ratio of Localized TP FY2023 End of FY FY2024 End of FY FY2025 End of FY FY2026 End of Q3 Sites 1,216 (+280) 1,379 (+163) 1,589 (+210) 1,579 (-10) UK 254 (+99) 272 (+18) 247 (-25) 163 (-84) Australia 109 (+43) 136 (+27) 228 (+92) 246 (+18) Taiwan 791 (+104) 881 (+90) 1,004 (+123) 1,085 (+81) SG / MY 62 (+34) 90 (+28) 110 (+20) 85 (-25) Ratio 49.6% 53.2% 58.9% 76.7% UK 37.5% 39.8% 38.4% 74.1% Australia 24.2% 29.2% 41.9% 45.6% Taiwan 97.9% 97.8% 97.9% 98.1% SG / MY 12.0% 16.6% 22.7% 44.0% （Lower row： Vs. FY2025 year-end） 【Table-10】Breakdown of UK Portfolio 【Chart-11】Number of Sites／Ratio of Localized TP in Australia 109 136 228 246 24.2% 29.2% 41.9% 45.6% End of FY2023 End of FY2024 End of FY2025 End of Q3 FY2026 Ratio Sites FY2025 End of FY FY2026 End of Q3 UK Parking Sites 643 220 (-423) UK Times PARKING 247 163 (-84) Large scale long-term lease contract parking 179 7 (-172) Facility management services 217 50 (-167) Business restructuring
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© PARK24 CO., LTD I. Consolidated Results for Q3 II. Results by Business Segment III. Financial Position IV. Other Topics 14 [Definitions] • Q3 ＝Third Quarter Consolidated Accounting Period (May 2026 ~ Jul. 2026) • Q3 Cumulative ＝Third Quarter Consolidated Cumulative Period (Nov. 2025 ~ Jul. 2026) • Revised plan ＝ Revised Plan Announced on June 15, 2026 ＝1stH reflects the actual results, and 2ndH maintains the initial plan
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Ⅲ. Financial Position Shareholders’ equity 115.5 billion yen, shareholders' equity ratio 32.6% Shareholders' equity increased due to recording of profit attributable to owners of parent 15© PARK24 CO., LTD *Net D/E ratio ：((Interest-bearing liabilities - Cash and deposits)) ／ Shareholders' equity FY2024 End of FY End of FY2025 End of Q3 FY2026 Difference from end of FY2025 Total assets 295.7 354.3 355.0 +0.6 Cash and Deposits 48.7 80.4 31.4 -48.9 Goodwill and contract related intangibles 21.8 18.2 6.6 -11.5 Total liabilities 217.5 256.1 237.1 -18.9 Interest-bearing liabilities 143.9 172.6 172.1 -0.4 Total net assets 78.1 98.1 117.8 +19.6 Shareholders' equity 89.0 104.2 115.5 +11.2 Shareholders' equity Ratio 30.1% 29.4% 32.6% +3.1pt Net D/E ratio* 1.07x 0.88x 1.22x +0.33 【Table-11】Consolidated Balance Sheet (Billion yen) 70.3 89.0 104.2 115.5 22.8% 30.1% 29.4% 32.6% End of FY2023 End of FY2024 End of FY2025 End of Q3 FY2026 【Chart-12】 Shareholders’ Equity (Billion yen)／Equity Ratio (%) Shareholders' equity Ratio Shareholders' equity
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© PARK24 CO., LTD I. Consolidated Results for Q3 II. Results by Business Segment III. Financial Position IV. Other Topics 16 [Definitions] • Q3 ＝Third Quarter Consolidated Accounting Period (May 2026 ~ Jul. 2026) • Q3 Cumulative ＝Third Quarter Consolidated Cumulative Period (Nov. 2025 ~ Jul. 2026) • Revised plan ＝ Revised Plan Announced on June 15, 2026 ＝1stH reflects the actual results, and 2ndH maintains the initial plan
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Times PARKING surpassed 20 thousand sites (April 2026) Times CAR members surpassed 4 million (July 2026) Campaigns were held around the 4 million milestone to increase members and improve service operations for Times CAR members Index composed of companies recognized by JPX Market Innovation & Research Inc. and Nikkei Inc. as highly attractive investment opportunities for investors. Following an initial screening based on certain criteria, 400 stocks were selected based on quantitative and qualitative factors (quantitative factors include 3-year ROE average, 3- year total operating profit and Market cap) Second consecutive year selection (August 29, 2025〜Continuing) JPX-Nikkei Index 400 Ⅳ. Other Topics © PARK24 CO., LTD 17 Expansion of the service networks ▼Campaign before surpassing 4 million members ▼Campaign after surpassing 4 million members Index composed of stocks selected by JPX Market Innovation & Research Inc. to represent "Japanese companies that are estimated to create value" from among the top-ranked stocks listed on TSE Prime Market Selected based on indicators such as equity spread and PBR Second consecutive year selection (August 29, 2025〜Continuing) JPX Prime 150 Index
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18 Earnings targets, strategy as well as other information that appear in this document and have not been stated in the past are all forecasts based on information that the company has been able to currently obtain. Actual earnings results may differ greatly from such forecasts depending on the changes in the economic environment and other uncertain factors. © PARK24 CO., LTD Disclaimer