HATCH WORK CO.,LTD.
148A・Growth Market・Information & Communication
Monthly Parking Innovation Business
The company's core growth segment, centered on online management support for monthly-contract parking lots
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment revenue (1Q FY2026 (ending December 2026) cumulative) | ¥520 million | ¥406 million (1Q FY2025 (ending December 2025) cumulative) | ↑ |
| Segment profit (1Q FY2026 (ending December 2026) cumulative) | ¥154 million | ¥134 million (1Q FY2025 (ending December 2025) cumulative) | ↑ |
| AP Cloud Service ARR (end of 1Q FY2026 (ending December 2026)) | ¥1,765,333 thousand | ¥1,342,623 thousand (end of 1Q FY2025 (ending December 2025)) | ↑ |
| AP Cloud registered units (end of 1Q FY2026 (ending December 2026)) | 487,114 units | 393,800 units (end of 1Q FY2025 (ending December 2025); derived from the 23.7% year-on-year increase) | ↑ |
| Segment revenue (full-year FY2025 (ended December 2025)) | ¥1,760 million | — | ↑ |
| Segment profit (full-year FY2025 (ended December 2025)) | ¥512 million | — | ↑ |
Business Details
Comprised of the AP Cloud Service ("@Parking Cloud") and AP Solution Service ("@Parking" portal, matching, and sublease). The segment has a highly recurring revenue structure, collecting system usage fees from management companies and initial guarantee fees, monthly guarantee fees, and payment processing fees from parking lot users. Revenue for 1Q FY2026 (ending December 2026) reached ¥520 million (up 28.0% year on year), continuing its high growth. This is the company's core business, accounting for approximately 69.9% of consolidated revenue.
Recent Overview
AP Cloud registered units reached 487,114 and ARR reached ¥1,765,333 thousand, continuing to expand; revenue rose 28.0% year on year
In 1Q FY2026 (ending December 2026), the number of contracted companies and registered units for the AP Cloud Service continued to expand through proactive sales activities. AP Cloud registered units reached 487,114 (up 23.7% year on year), and ARR reached ¥1,765,333 thousand (up 31.5% year on year). Segment revenue was ¥520 million (up 28.0% year on year), and segment profit was ¥154 million (up 15.2% year on year). The company is also advancing nationwide expansion of "@Parking" supported by the business alliance with the Hatomark Support Organization, as well as strengthening its sales workforce and expanding services to grow the "Disaster Station" initiative in partnership with local governments.
Key Products
Growth Drivers
- Continued expansion of contracted companies and registered units through proactive sales activities for the AP Cloud Service
- Accumulation of recurring revenue (ARR) from system usage fees, payment processing fees, and guarantee fees as the number of parking lot users increases
- Increased brand recognition for "@Parking" and nationwide expansion of listed properties, supported by the business alliance with the Hatomark Support Organization
- Continuation of the competitive advantage spiral (expansion of parking lots → increased customer acquisition → improved reputation → promotion of new adoption)
- Enhanced social recognition and strengthened relationships with management companies through expansion of the "Disaster Station" initiative in partnership with local governments
Risks
- Impact on medium- to long-term growth potential and revenue base if the number of new business inquiries and contracted companies falls short of plan
- Increasing competition from companies entering the online monthly-contract parking lot management support field
- Rising operational workload and costs to maintain service quality as the number of handled cases increases
- Impact on short-term profit levels from upfront investment (personnel costs, outsourcing costs, system costs, etc.) to strengthen sales capabilities
- Risk of increased guarantee fulfillment costs due to rising delinquency among monthly-contract parking lot users
Last updated: March 26, 2026