Paraca, Inc. engages in the management and operation of parking lots. It operates through the Rental Parking and Owned Parking divisions. The Rental Parking division deals with the management and operation of parking facilities on leased land. The Owned Parking division handles the management and operation of parking facilities on company-owned land. The company was founded by Ryo Naito on August 22, 1997 and is headquartered in Tokyo, Japan.