Employees: 1,269
Size Nippon Parking Development (2353.T) is a Japan Industrials company (Miscellaneous Commercial Services) with a market value of $527M, the 1039th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥266 on 6 Nov 2026.
Performance Over six months the shares gained 7.7%, against -4.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 10.5% over the last twelve months (peer median +11.0%); the operating margin is 20.9% (peer median 11.3%).
Valuation It trades at 13.8× forward earnings against a peer median of 15.4× (7th cheapest of 15).
Price implies For today's price to make sense, revenue must grow about -8% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -19 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 18.6 points above its cost of capital (5.0% WACC).
Next results Next results expected around 4 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | ¥40.7B | ¥40.7B | ¥36.8B | ¥32.7B | ¥31.9B |
| Revenue growth | — | +11% | +13% | +3% | — |
| Gross profit | ¥16.3B | ¥16.3B | ¥14.7B | ¥12.7B | ¥12.0B |
| EBITDA | ¥10.8B | ¥10.8B | ¥9.64B | ¥8.04B | ¥7.55B |
| Net income | ¥5.80B | ¥5.80B | ¥4.80B | ¥5.10B | ¥4.41B |
| Free cash flow | n/a | ¥945M | ¥3.71B | ¥696M | ¥1.94B |
| Capital expenditure | n/a | ¥7.42B | ¥4.56B | ¥5.55B | ¥4.22B |
| Total debt | ¥23.2B | ¥23.2B | ¥18.6B | ¥16.0B | ¥7.91B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
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| Measure | 2353.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | -2.5% | 6th highest of 21 |
| 6-month return | +7.7% | -4.4% | 7th highest of 21 |
| Distance from 52-week high | -9.5% | -27.8% | 3rd highest of 21 |
| Revenue growth (TTM) | +10.5% | +11.0% | 11th highest of 21 |
| Operating margin | 20.9% | 11.3% | 4th highest of 21 |
| Forward P/E | 13.8× | 15.4× | 7th cheapest of 15 |
| Growth the price implies (Req g, 7 yrs) | -7.8% | 2.1% | 3rd least demanding of 14 |
| Growth delivered (Del g) | +11.3% | +13.0% | 6th lowest of 14 |
| Hurdle (Req g minus delivered) | -19.1 pp | -5.9 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +18.6 pp | +0.4 pp | 3rd highest of 21 |
| EV / EBITDA | 7.7× | 8.0× | 5th cheapest of 12 |
| Net debt / EBITDA | -0.4× | 1.0× | 5th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Nippon Parking Development 2353.T | Japan | $527M | +8% | +11% | 21% | 13.8× | -7.8% | +11.3% |
| BTS BTS-B.ST | Sweden | $527M | +76% | -4% | 8% | 25.6× | 10.7% | +13.0% |
| Posti POSTI.HE | Finland | $529M | +31% | 0% | 5% | 13.2× | -5.4% | -1.4% |
| Ocumension Therapeutics 1477.HK | Hong Kong | $525M | -29% | +78% | -13% | n/a | n/a | n/a |
| Academy of Environmental Planning & Design Co., Ltd. Nanjing University 300864.SZ | China | $531M | 0% | +5% | 18% | n/a | 9.3% | +10.6% |
| Sporton International 6146.TWO | Taiwan | $531M | -24% | +8% | 30% | 13.6× | -6.6% | +5.0% |
| Guangdong Brandmax Marketing 300805.SZ | China | $533M | -19% | +13% | 1% | n/a | n/a | n/a |
| Restore RST.L | United Kingdom | $534M | +14% | +8% | 13% | 11.3× | 5.5% | +10.8% |
| Weathernews 4825.T | Japan | $534M | -11% | +5% | 21% | 19.7× | 3.4% | +5.4% |
| Prestige International 4290.T | Japan | $518M | -4% | +10% | 13% | 13.4× | -12.4% | +11.8% |
| TKP 3479.T | Japan | $538M | +18% | +51% | 9% | 15.7× | -3.3% | +21.5% |
| adesso ADN1.DE | Germany | $513M | +31% | +13% | 4% | 16.8× | 2.1% | +22.9% |
| Western Regions Tourism Development 300859.SZ | China | $513M | -30% | -13% | 15% | 25.4× | 38.8% | +44.7% |
| Pony Testing 300887.SZ | China | $513M | -35% | -2% | -12% | 31.4× | n/a | n/a |
| Diversified Royalty DIV.TO | Canada | $507M | -6% | +15% | 86% | 17.7× | 13.0% | +18.3% |
| Zhejiang Zoenn Design 300901.SZ | China | $549M | -5% | +53% | 10% | n/a | n/a | n/a |
| Italian Exhibition IEG.MI | Italy | $505M | +14% | +4% | 18% | 13.2× | -4.8% | +28.4% |
| MHA MHA.L | United Kingdom | $504M | -4% | +12% | 15% | 11.7× | -15.0% | +30.6% |
| Xuanzhu Biopharmaceutical 2575.HK | Hong Kong | $553M | -59% | +237% | -187% | n/a | n/a | n/a |
| Shanghai Model Organisms Center 688265.SS | China | $503M | +7% | +14% | -1% | n/a | n/a | n/a |
| Qingdao Paguld Intelligent Manufacturing 301456.SZ | China | $555M | -26% | +29% | 13% | 15.1× | n/a | n/a |