TRUST Holdings Inc.
3286・Standard Market・Real Estate
Parking Lot Business
Core business accounting for approximately 72% of Group sales, operating and managing parking lots primarily in Kyushu and western Japan
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Cumulative Q3 FY2026, ending June 2026) | ¥5,274 million | ¥5,354 million (same period prior year) | ↓ |
| Operating Income (Cumulative Q3 FY2026, ending June 2026) | ¥205 million | ¥220 million (same period prior year) | ↓ |
| Number of Parking Lots (end of March 2026) | 985 locations | 928 locations (end of June 2025) | ↑ |
| Number of Parking Spaces (end of March 2026) | 32,151 spaces | 30,171 spaces (end of June 2025) | ↑ |
| Net Sales (Full Year FY2025, ended June 2025) | ¥7,004 million | — | — |
| Operating Income (Full Year FY2025, ended June 2025) | ¥263 million | — | — |
Business Details
The core segment operated by TRUST PARK Co., Ltd. and Grand Ship Co., Ltd. Based on the concept of "effective utilization of idle land" and "revitalization of existing parking lots," the company undertakes contracted operation and management of hourly-rental and monthly-rental parking lots. As of the end of March 2026, the company operated 985 locations with 32,151 parking spaces. The segment continues to focus on ongoing development of new parking lots and improving the profitability of existing parking lots, serving as the stable revenue base for the entire Group.
Recent Overview
113 new locations and 2,963 new parking spaces developed in cumulative Q3, expanding the total number of parking lots to 985 at period-end
During the cumulative nine months of FY2026 (ending June 2026) (July 2025 to March 2026), the company newly developed 113 parking lot locations and 2,963 parking spaces. The number of parking lots at period-end expanded to 985 (up 83 locations year-on-year, up 57 locations from the previous fiscal year-end), and the number of parking spaces expanded to 32,151 (up 2,794 spaces year-on-year, up 1,980 spaces from the previous fiscal year-end). Meanwhile, net sales were ¥5,274 million (down 1.5% year-on-year) and operating income was ¥205 million (down 6.8% year-on-year), representing a modest decline in both revenue and profit. The company continues to focus on improving the profitability of existing parking lots.
Key Products
Growth Drivers
- Continuous development of new parking lots (113 locations and 2,963 spaces newly developed in cumulative Q3 FY2026)
- Improvement in profitability of existing parking lots through fee changes and optimization
- Improvement in occupancy rates through equipment renewal and convenience-enhancing measures
- Securing high-quality parking lot sites with low cancellation risk through the real estate specified joint enterprise (TRUST Partners)
- Agile fundraising system through overdraft agreements with client banks
Risks
- Increase in cost of sales due to rising land rents for parking lot sites and increased labor costs
- Risk of sharp decline in the number of parking spaces due to contract expiration or cancellation of large-scale parking lots (such as public parking lots)
- Medium- to long-term changes in parking lot demand due to EV adoption and advances in autonomous driving technology
- Increased fundraising costs due to chronic inflation and rising interest rates
- Intensifying competition in new development and increasing difficulty in acquiring high-quality idle land
Last updated: September 24, 2025