Nippon Parking Development ups forecast, boosts dividend and plans split

Nippon Parking Development (TSE:2353) announced a series of shareholder-friendly measures, including an upward revision of its full-year consolidated earnings forecast for the fiscal year ending July 31, 2025. The company now expects sales of ¥36.65 billion, up from the previous forecast of ¥36.4 billion, and operating profit of ¥7.2 billion, compared to the earlier estimate of ¥7.0 billion. Net profit attributable to the parent company's shareholders remains unchanged at ¥4.7 billion.