PARK24 Co., Ltd. is a Japan-based company mainly engaged in the operation and management of parking lots. The Company has two business segments. The Parking Lot Operation segment is involved in the subleasing of land from landowners, the operation of pay-by-the-hour parking lots under the name Times, the contract management of parking lots of hospitals and commercial facilities, as well as the management and operation of parking lots peripheral facilities. The Mobility segment is engaged in the provision of car rental and car sharing services, as well as road services corresponding to vehicle accidents or failures. As of October 31, 2012, the Company had 11 subsidiaries and four associated companies.