Japan Airport Terminal Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Dividend and Consolidated Earnings Guidance for the Full Year Ending March 31, 2017
February 07, 2017
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Japan Airport Terminal Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported total operating revenue of JPY 151,552 million compared to JPY 151,751 million a year ago. Operating income was JPY 7,255 million compared to JPY 9,898 million a year ago. Ordinary income was JPY 10,180 million compared to JPY 11,876 million a year ago. Quarterly income before income taxes and non-controlling interests was JPY 10,453 million compared to JPY 11,868 million a year ago. Net income attributable to owners of the parent was JPY 6,770 million or JPY 79.53 per diluted share compared to JPY 8,256 million or JPY 97.03 per basic share a year ago.
The company provided dividend guidance for the full year ending March 31, 2017. For the year, the company expects to pay dividend of JPY 16.00 per share compared to JPY 18.00 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2017. For the year, the company expects operating revenues of JPY 202,900 million, operating income of JPY 8,800 million, ordinary income of JPY 11,400 million and net income attributable to owners of the parent of JPY 7,200 million or JPY 88.64 per share.
Japan Airport Terminal Co., Ltd. is a Japan-based company principally involved in the management and operation of Haneda airport terminal building, as well as the distribution of merchandise and catering businesses. The Company operates in three business segments. The Facility Management and Operation segment is engaged in the management and operation of facilities within the Haneda airport terminal building. The segment is mainly engaged in the lease of facilities to airline companies. The Merchandise Sale segment is primarily engaged in the sale of commercial products to air travelers in Haneda Airport, Narita Airport, Kansai International Airport, as well as the wholesale of commercial products to airport terminal companies. The Catering segment is engaged in the provision of food and beverage products to passengers of Haneda Airport and Narita International Airport, as well as the manufacture and sale of in-flight food and frozen food.
Japan Airport Terminal Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Dividend and Consolidated Earnings Guidance for the Full Year Ending March 31, 2017