NCD Co., Ltd.
4783・Standard Market・Information & Communication
Parking System Business
Non-IT business segment centered on bicycle parking lot setup, operation, and management outsourcing
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Full Year) | ¥8,128 million | ¥7,975 million | ↑ |
| Segment Profit (Full Year) | ¥1,143 million | ¥1,217 million | ↓ |
| Revenue YoY | up 1.9% | — | ↑ |
| Segment Profit YoY | down 6.1% | — | ↓ |
| Depreciation (Full Year) | ¥267 million | ¥245 million | ↑ |
| Impairment Loss (Full Year) | ¥14 million | ¥64 million | ↓ |
Business Details
A business segment operated by NCD Corporation and its group companies. It provides bicycle parking lot setup, operation, and management outsourcing, sales and operation of bicycle parking management systems, and comprehensive bicycle-related consulting. In addition to operating self-managed bicycle parking lots, the segment develops equipment sales, installation, and designated management operations for municipalities, railway companies, and commercial facilities. It is promoting DX through the Monthly Bicycle Parking Management System "ECOPOOL," as well as improving profitability through fee revisions and data-driven operations.
Recent Overview
Bicycle parking usage fee revenue remained steady, but one-time costs and upfront investments led to a decline in profit
In FY2026 (ending March 2026), bicycle parking usage fee revenue continued to trend steadily due to the effect of fee revisions, and order acquisition including equipment replacement was also strong, resulting in a slight increase in revenue to ¥8,128 million (up 1.9% year on year). On the other hand, one-time and upfront investment costs arose, including network line change expenses associated with the termination of services by a telecommunications carrier and investment in next-generation bicycle parking lot development, resulting in a decline in segment profit to ¥1,143 million (down 6.1% year on year). While the profitability of self-managed bicycle parking lots improved, equipment sales stagnated due to a rebound effect from a large-scale project won in the prior period.
Key Products
Growth Drivers
- Improved profitability of self-managed bicycle parking lots through continued fee revisions
- New demand for bicycle parking equipment accompanying urban and station-front redevelopment
- Expanding demand for unmanned/DX-enabled bicycle parking lots amid labor shortages
- Demand for replacement of aging bicycle parking equipment (municipalities and private sector)
- Improved operational efficiency through expanded adoption of the Monthly Bicycle Parking Management System "ECOPOOL"
- Improved profitability of designated management operations driven by municipal strategy promotion
- Capturing new demand for diverse mobility through next-generation bicycle parking system development
- Revenue maximization through establishment of a proprietary pricing model
Risks
- Performance fluctuations due to variability in order timing for large-scale projects (equipment sales and installation)
- Occurrence of one-time costs associated with service termination by telecommunications carriers, etc.
- Short-term profit pressure from upfront investment in next-generation bicycle parking lot development
- Risk of postponement or cancellation of urban redevelopment plans due to soaring construction material costs, etc.
- Changes in the bicycle usage environment due to the spread of electric kick scooters and revisions to the Road Traffic Act
- Risk of winning unprofitable projects due to intensifying bidding competition with competitors
Last updated: June 19, 2026