Year Ended FY09 Earnings Explanatory Meeting

Reference Material
I.

Summary of our business and characteristics

II.

Efforts related to the Tokyo International Airport Re-expansion Project

III.

Changes in passenger volume on domestic and international flights

IV.

Monthly trend (Merchandise and Food and beverage)* This document has been translated from the Japanese original, for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Japan Airport Terminal Co., Ltd.
http://www.tokyo-airport-bldg.co.jp/

I. Summary of our business and characteristics

JAPAN AIR TERMINAL(1) Position of the Company at airports
AirportResponsible party
Management party
Airport facilities(basic facilities)
Runways
Taxiway
Apron

Haneda Airport(Tokyo International Airport)

Narita Airport(Narita International Airport)

Kansai Airport(Kansai International Airport)

Central Japan Airport(Central Japan International
Airport)* Reference
Itami Airport(Osaka International Airport)

National government(Minister of Land,
Infrastructure,
Transport and Tourism)

Narita International Airport
Corporation

Kansai International Airport
Co., Ltd.

Central Japan International
Airport Co., Ltd.

National government(Minister of Land,
Infrastructure,
Transport and Tourism)

National government(Minister of Land,
Infrastructure,
Transport and Tourism)

Narita International Airport
Corporation

Kansai International Airport
Co., Ltd.

Central Japan International
Airport Co., Ltd.

National government(Minister of Land,
Infrastructure,
Transport and Tourism)

National government(Minister of Land, Infrastructure, Transport and Tourism)

Control facilities

Terminal building
Shareholder
composition

The Company

Private corporations, etc.: 100%

Narita International Airport
Corporation
National government:

100%

Kansai International Airport
Co., Ltd.
National government:
Local governments:
Private corporations, etc.:

66%
22%
12%

Central Japan International
Airport Co., Ltd.
Private corporations, etc.:
National government:
Local governments:

50%
40%
10%

Osaka International Airport
Terminal Co., Ltd.
Local governments:
Private corporations, etc.:

50%
50%

(Reference) Basic position of terminal building company

Infrastructure owners
Land: maintained and owned by national government, local government body, and Narita/Kansai/Central Japan airport corporations
Apron: maintained and owned by national government, local government body, and Narita/Kansai/Central Japan airport corporations
Runways: maintained and owned by national government, local government body, and Narita/Kansai/Central Japan airport corporations
Terminal building: constructed, owned, and managed by private corporations, third sector bodies, and airport companies, etc.
Cargo terminal: constructed, owned, and managed by private corporations, third sector bodies, and airport companies, etc.
Maintenance area: constructed, owned, and managed by entities such as private corporations and airline companies

Relationship with airline companies
Renting facilities such as check-in counters and offices

Relationship with merchandise sales, food and beverage, and service shops
If the terminal building company directly opens a store, the Company leases the store or office to the airline related company. However, someprocess including approval are necessary for sales at the airport.

Reference Material 1

Source: Created based on the Suji De Miru Koku 2008 (Air travel 2008 in Figures) andsecurities reports and the websites of the various companies

JAPAN AIR TERMINAL(2) Company History
Haneda Airport was re-launched as Japanese air gateway after being returned by the U.S. in 1952. However, on account of a lack of financial
resources after the war, only the costs for paving the taxiway and apron were included in the national budget. Therefore, it was decided tobuild the terminal with private funds (cabinet approved), and in 1953 the Company was founded with the cooperation of major
financial institutions (with capital 150 million yen), and the terminal was opened in May 1955.
1953 (July)
1955
1964
1970
1978
1990
1991
1993
1994
1998
2001
2002
2003
2004
2005

2006

2007

2008
2009

Established with private sector capital of 150 million yen, commenced planning of terminalbuilding.
(May)
Opened and launched operation of the terminal building.
(April)Separate domestic arrival terminal building completed in time with the Tokyo Olympic
Games.
(October)Duty-free sales operations commenced.
(May)
New international arrival terminal building completed.
(March)Narita office opened at Narita International Airport.
(May)
Commenced merchandise sales including duty-free articles, hotel reservation services
and other operations with the opening of Narita International Airport.
(February)
Listed on second section of the Tokyo Stock Exchange.
(September) Listed on first section of the Tokyo Stock Exchange.
(September) Opened Haneda Airport Terminal 1 (Big Bird).
(July)
Osaka office opened at Kansai International Airport.
(September) Launched commissioned operation of duty-free shops and wholesale of duty-free goods
accompanying opening of the Kansai Airport.
(March)Opened the temporary international terminal at Haneda Airport.
(February)
International charter flights commenced at Haneda Airport.
(April)Terminated periodic international flights from Haneda Airport (transfer of China Airlines
and the EVA Airways to Narita).
(May )
Completed expansion of the temporary international terminal at Haneda Airport.
(November) International charter flights between Haneda and Seoul (Gimpo) commenced.
(December) Terminal 2 commenced operations at Haneda Airport.
Started renovation of Terminal 1 at Haneda Airport.
(February)
Chubu office opened in time with the opening of Central Japan International Airport.
Wholesale of duty-free goods commenced with the opening of Central Japan International
Airport.
(September) Commenced first stage of the expansion of Terminal 2 at Haneda Airport.
(April)Participated in the project of the maintenance and operation of terminal at international
flight area of the Tokyo International Airport.
(June)
Invested in the special purpose company (SPC) “Tokyo International Air Terminal
Corporation.”(February)South Pier in Terminal 2 commenced operations at Haneda Airport.
(September) International charter flights between Haneda and Shanghai (Hongqiao Airport)commenced.
(December) Completed construction and opened the P4 multistory simple parking garage.
(April)International charter flights between Haneda and Hong Kong commenced (during specifichours).
(December) Commenced third stage of the expansion of Terminal 2 at Haneda Airport.
(October)International charter flights between Haneda and Beijing commenced.

Reference Material 2

Haneda Airport Terminal when opened

Haneda Airport Terminal 1

Haneda Airport Terminal 2

JAPAN AIR TERMINAL(3) The Group’s business expansion at each airport
Haneda Airport (Tokyo International Airport)
Terminal 1

Terminal 2(area under management: 292,400m 2)(area under management: 205,200m 2)

Opened September 27, 1993

International Terminal(area under management: 9,600m 2)• Construction,
management, andoperation of terminals• Real estate leasing• Merchandise sales(direct management)• Food and beverage
services(direct management)• Passenger services

Opened December 1, 2004
South Pier opened February 15, 2007

Parking Lot
Management of parking lots
(total of 3,220 spots)• P1 parking lot
2,351 spots• P4 multi-story parking
781 spots• P5 parking lot
88 spots1994.9.4 開港

Narita International Airport• Merchandise sales (duty-free shops, etc.)• Wholesale (duty-free items, general items),
commissioned management of duty-free shops• Food and beverage service• Passenger services• Preparation/sales of in-flight meals

Kansai International Airport• Commissioned management of duty-free shops• Merchandise sales• Wholesale

Reference Material 3

2005.2.17 開港

Central Japan International Airport• Wholesale

JAPAN AIR TERMINAL(4) Group companies (14 companies)
Facilities management operations (6 companies)

Japan Airport Terminal Co., Ltd.

[Maintenance management]• Japan Airport Techno Co., Ltd.
• Haneda Airport Security Co., Ltd.
• Sakura Clean Corporation[Service]• BIG WING Co., Ltd.
• Haneda Passenger Service Co., Ltd.
• Hiro International Co., Ltd.

日
本
空
港
ビ
ル
デ
ン
グ

Maintenance management of facilities such as airport terminals
Security Service
Operation of airport cleaning center and waste deposal
Advertising and event planning
Passenger service operations
Operation of paid waiting rooms and conference rooms at Haneda Airport

Merchandise sales operations (4 companies)• International Trade Inc.

Retail and wholesale of general products and bonded goods to each shop at airports
nationwide• Japan Airport Logitem Co., Ltd.
Logistics, including transportation and inspection• Haneda Airport Enterprise Co., Ltd. Operation of shops at Haneda Airport• Hamashin Co., Ltd.
Retail and wholesale of marine products

Food and beverage operations (4 companies)• Tokyo Airport Restaurant Co., Ltd.
• Cosmo Enterprise Co., Ltd.
• CTT Inc.
• Kaikan Kaihatsu Co., Ltd.

Restaurant business and production/sales of snacks at Haneda Airport and Narita International
AirportIn-fight catering for foreign airlines such as American Airlines, British Airways, Singapore Airlines,
Cathay Pacific Airways, China Airlines, Virgin Atlantic Airways, and production of frozen foods, etc.
Cleaning of airline cabin items and dishware, etc.
Operation of restaurants and the management of lodgings, halls, and conference rooms, etc.

*

In April 2007, the wholly-owned subsidiary Haneda Airport Security, Co., Ltd., (capital 50 million yen) was established as a company specializing in security operations, andthe wholly-owned subsidiary Haneda Passenger Service Co., Ltd., (capital 50 million yen) was founded as a company specializing in passenger service operations. Bothcompanies launched operations in July 2007.

*

For the purpose of enhancement and improvement of the JAT Group’s governance, Airport Macs Co., Ltd. and Japan Airport Techno Co., Ltd. were merged into Japan Airport
Techno Co., Ltd., and Haneda Airport Enterprise Co., Ltd. and Narita Airport Enterprise Co., Ltd. were merged into Haneda Airport Enterprise Co., Ltd., on July 1, 2009.

Reference Material 4

JAPAN AIR TERMINAL(5) Composition of the Group businesses(by consolidated and segment; actual for FY09)
Composition of operating income

Composition of sales(pre-depreciation)

Food and beverage
operations

Other 1% (1%)

3%

In-flight meals 3% (3%)(3%)

Restaurants

7% (7%)

Other

17% (20%)

Rent revenue

Food and 12% (11%)
beverage
Facilities
operations management Facility user
charges
11% operations revenue(11%)
31% 13% (12%)

Merchandise sales
operations

(30%)
(7%)
Merchandise sales Other 6%

29%
(32%)

operations
Shops atinternational
58%
Shops atterminal(59%) domestic terminal

14% (14%)

Facilities management
operations

68%

27%

(65%)

(25%)

*Figures in parenthesis are actual figures for FY08.

Reference Material 5

JAPAN AIR TERMINAL(6) Revenue composition (by consolidated and segment)
Category
Rent revenue
Facilities
management
operations

Facility user
charges revenue
Others

Revenue details
Office lease (fixed rent); shop lease (fixed rent + percentage
commission)
User charges for common facilities of domestic flights fromairline companies; Fees for use of passenger facilities (domestic
flights: PFC, international: PSFC)

Food andbeverage
operations

Depreciation; water, heating, energy
expenses; repairs expenses; lease fee (suchas national property usage fee); taxes andpublic charges; cleaning expenses;
outsourcing fees

Lease fee (such as national property usage
Parking fee revenue, advertising revenue; sales from paidfee); taxes and public charges (fixed asset
waiting room (Airport Lounge); revenue from subcontracted worktax); outsourcing fees

Shops at domestic
Merchandise sales for shops at Haneda Airport
terminal
Merchandise
sales
operations

Expenses details

Cost of sales; supply expenses

Shops atinternationalterminal

Merchandise sales for duty-free shop at Haneda Airport;
Merchandise sales for shops such as duty-free shops at Narita
International Airport

Cost of sales; supply expenses; percentage
of business

OthersWholesale to Narita International Airport, Kansai International
Airport, and Central Japan International Airport

Cost of sales

Restaurants

Restaurant sales at Haneda Airport and Narita International
AirportFood expenses (cost of sales for food andbeverage), percentage of businessIn-flight meals

Production and sales of in-flight meals

Food expenses (cost of sales for food andbeverage)

Wholesale of products such as frozen foods and box meals

Food expenses (cost of sales for food andbeverage)

Others

Factors behind changes in earnings: Environment the airline industry operates in (such as changes in the number of passengers on bothinternational and domestic flights)
Government measures, etc. (such as the government’s and regulating authority’s airport management
policy and revisions to and changes to the system of usage fees for national assets)

Reference Material 6

JAPAN AIR TERMINAL(7) Sales by region and industry (Non-consolidated)
By segment

By region

Upper figure:actual for FY09
(Lower figure): actual for FY08

KansaiInternational
AirportNaritaInternational
AirportDevelopment ofCompanyowned land 2%(Ciel Gran plan)

7%

(2%)

(7%)

18%
(23%)

HanedaAirport
(66%)

18%

(29%)

(23%)

(2%)

HanedaAirport40%(Effective use of landpreviously used for dorms
and company housing)2%
Upper figure:actual for FY09
(Lower figure): actual for FY08(37%)

Haneda Airport– Total 71%
(66%)

(2%)

Reference Material 7(7%)
NaritaInternational
Airport31%

Development ofCompany-owned
landInternational
Airport

7%

71%

2%

(2%)

Haneda Airport
Rent revenue
Facility user
charges revenue

Central Japan
International Airportand others

Central Japan
International Airportand others
Kansai2%

Merchandise
sales, etc.

67%
(69%)

JAPAN AIR TERMINAL(8) Facilities of Tokyo International Airport (Investment plan)

Terminal 2
ANA, ADO, SNA, SFJ
Fixed Spots : 20

P4[Construction of P4 Multi-story Parking]• Multi-story parking garage (800 spots)
Investment amount: ¥2.0 billion
Placed in service in December 2007

[Expansion and Renovation of theInternational Terminal]• For charter flights to and from
Shanghai (Hongqiao) Airport
Investment amount: ¥2.1 billion
Completed in November 2007
• Expansion and Renovation
Investment amount: ¥1.5 billion
Completed in June 2008

[Third Stage of the Plan]• Main building
Investment amount: ¥19.0 billion
Construction started in December 2008

[Construction of P4 Multi-story Parking]• Full-scale multistory parking garage
Investment amount: ¥6.0 billion
Construction started in March 2009

Terminal 1
JAL Group, SKY, SFJ
Fixed Spots : 24
Reference Material 8[Fourth Stage of the Plan]• Expansion and Renovation of 3 spots
Investment amount: ¥8.0 billion
To be placed in service in 2013

II. Efforts related to the Tokyo International Airport Re-expansion Project
Ⅱ.東京国際空港再拡張事業への取り組み

JAPAN AIR TERMINAL(1) Re-expansion Project of Tokyo International Airport
Runway Construction
Project
Construction started: 2006
Expected opening:
October 21, 2010

New runway

Runway C

Terminal 2International Terminal

Terminal 1
With the additional expansion, the capacity ofdepartures and arrivals will increase by 1.3 times

Runway B

Runway A[Present] (September 1, 2007-)
303 thousand a year (on day time)(equivalent to 830 times a day)International Section
Development Project(by PFI)
Expected opening:
October 21, 2010

Increase of 104 thousand a year (or 284 a day)
Of which around 60 thousand arefor international flights (on day time)[After the re-expansion]
407 thousand times a year

Haneda Airport
Overview(on day time)(equivalent to 1,114 times a day)*

Reference Material 9

Estimated based on the materials from the Study Group meeting for slot
allocation standards at Haneda Airport (June 2009) and the Growth Strategy
Council of MLIT (April 2010) from the Ministry of Land, Infrastructure, Transport
and Tourism

JAPAN AIR TERMINAL(2) Founding and present state of the Tokyo International Air Terminal Corporation
April 21, 2006
June 1, 2006
June 20, 2006
July 7, 2006

October 2007

“HKT Group”, represented the Company, was selected
as the candidate for the project
HKT Group concluded basic agreement with theJapanese government
The special purpose company, Tokyo International Air
Terminal Corporation was foundedBusiness agreement was concluded between the Tokyo
International Air Terminal Corporation and theJapanese government

2. Date Founded

June 20, 2006

3. Headquarters
Location

Chiyoda-ku, Tokyo

4. Capital

4.5 billion yen

5. Businesses

Maintenance and management of the terminalbuilding in the international section of Tokyo
International Airport

6. Representative President Haruhiko Shimoda•

7. Composition of Japan Airport Terminal Co., Ltd.
Shareholders
Japan Airlines Corporation
All Nippon Airways Co., Ltd.
Narita International Airport Corporation
Tokyo Electric Power Company, Inc.
NTT Data Corporation
SECOM Co., Ltd.
Tokyo Gas Co., Ltd.
Keihin Electric Express Railway Co., Ltd.
Tokyo Monorail Co., Ltd.
Development Bank of Japan
Mizuho Corporate Bank Ltd.
Bank of Tokyo-Mitsubishi UFJ Ltd.

Terminal Building (3 sections)
1. South Wing
2. Main building, access route, supply and processing
facilities building
3. North Wing
Airport users parking lot (1 section)

Concluded a subcontracting agreement regarding theconstruction of passenger terminal• Terminal Building
1. South Wing: Joint venture construction project(Kashima and Kitano)
2. Main building, access course, supply and processing
facilities building: Joint venture construction project(Kashima and Kitano)
3. North Wing: Joint venture construction projection(Toda and Konoike)• Airport users parking lot: Joint venture construction project(Shimizu, Tokyu, Lotte)

April 2008

Tokyo International Air Terminal Corporation

Announcement of tender for construction of facilities
such as terminal building•

February 2008

1. Company
Name

Conducted a event to wish safety construction of new
facilities such as terminal building
May 2008
New Construction launched
July 2010
Expected completion construction
October 21, 2010 Expected launch of operations(previously the vice president of Japan Airport Terminal Co., Ltd.)

8. Corporate
Philosophy

To establish the new international terminalbuilding as the new gateway to the East Asia andcreate a convenient and pleasant urban
international airport so as to contribute to thestrengthening of exchanges between Japan andEast Asia and realization of a tourism-based
country
Note:

Reference Material 10

(34%)
(17%)
(17%)
(9%)
(7%)
(3%)
(3%)
(3%)
(2%)
(2%)
(1%)
(1%)
(1%)

Created by the Company based on material from the Tokyo
International Air Terminal Corporation

JAPAN AIR TERMINAL(3) Summary of the New International Terminal
Summary of facilities• Site area:• Terminal building
Floor space:
Floors:Fixed spots:

approx. 130,000m2
approx. 159,000m2
5 floors
10 spots(10 open spots)• Parking lot
Total floor space:
Floors:Capacity:

approx. 67,000m2
6 levels, 7 floors
approx. 2,300 vehicles

LegendPath for general departure passengers
Path for group departure passengers
Path for VIP departure passengers
Service for affluent passengers
Path for general arrival passengers
Path for VIP arrival passengers

Terminal
Observation Deck
Market Place
3F General
Information
Counter

Monorail

Departure Lobby

Departure Passengers

Parking lot forAccess Hall

airport users
Connecting passageway

2F General
Information
Counter

ArrivalLobby

1F General Information
Counter

Taxi
Keihin Express

Bus

Departure Concourses
Gate Lounge
Security check

Customs Immigration and Quarantine(Customs) / Baggage Claim Area

CIQ

Passenger boarding bridge

Customs Immigration and Quarantine(Immigration, Quarantine)

ArrivalConcourses

Arrival Passengers

Entrance PlazaBus

Airside Area

Machinery Room

Luggage handling Area

Airport Limousine departure
Airport Limousine arrival

1F Cab-side Check-in CounterIn the five floors terminal, the 3rd floor is for departures, and 2nd floor is forarrivals, both of which are designed flat, for easy movement ,and with asimple and easy-to-understand layout. In addition, the 1st floor is for roadlevel access, and the 4th and 5th floors are commercial and service space.
Note:

Reference Material 11

Created by the Company based on material from the Tokyo
International Air Terminal Corporation

JAPAN AIR TERMINAL(4) Overall layout of the new International area

Apron area
Haneda Airport International Apron PFI Co., Ltd.
(Representative company: Taisei Corporation)

Cargo area
Tokyo International Air Cargo Terminal Ltd.
(Representative company: Mitsui & Co., Ltd.)

Terminal building area
Land fordevelopment

Tokyo International Air Terminal Corporation(Representative company: Japan Airport Terminal Co., Ltd.)

Kan-pachi RoadTokyo Monorail
Actual area for the construction and operation of terminal building

Airport access road

*Including the land for the CIQ facilities directly managed by the national government(around 115m  50m)

Terminal building construction/operation business (within leased air space)

Actual area for the construction and operation of the cargo terminal
Including the land for the CIQ facilities directly managed by the national government(around 100m  80m)

Keihin Express

Actual area for construction of the apron
Other major businesses (Keihin Express and Tokyo Monorail)

Reference Material 12

Based on material from the Ministry of Land, Infrastructure,
Transport and Tourism

III. Changes in passenger volume on domestic andinternational flights (Haneda and Narita)

JAPAN AIR TERMINAL(Ten thousand
passengers)(Ten thousand
passengers)

860

Haneda Airport – domestic passengers (left axis)

800

6,526

6,180 6,196 6,163 6,229
6,495

5,854

6,000
5,416

6,319

5,568

700

5,934
Terminal 2 opened
at Haneda

5,141
4,863

5,000

6,100

800
6,160 6,220

4,630

H1N1 influenza
outbreakFinancial crisis being
triggered by the US

SARS outbreak
9-11 Terrorist Attack in the US

600
New International
Terminal to be opened

500
4,000

Narita International Airport –international passengers (left axis)

3,397

3,356

2,675 2,631

3,242
3,418

2,768

3,307

3,151 3,151 3,176

2,945
3,000

500

400

3,416

3,207

2,587

2,886

300

2,677
2,000

243

flights moved to Narita

1,000

Launch of Gimpo flights

84

85

85

97

Increase in flights to Hong Kong

161
130

95

84

275
Launch of Beijing flights

195

Haneda Airport – international
passengers (right axis) International charter

87

200

Launch of Hong Kong flights
Launch of Shanghai flights

100

Increase in flights to Gimpo

14
35

0
'96.3

'97.3

'98.3

'99.3

'00.3

Haneda international flight passengers

Passengers using Haneda domestic flights and Narita international flights

7,000

900

'01.3

02.3

'03.3

'04.3

0
'05.3

'06.3

'07.3

'08.3

'09.3

'10.3

11.3

12.3

13.3

Fiscal year

(Forecast)

Reference Material 13

Source: Created by the Company based on material from the Ministry of Land, Infrastructure,
Transport and Tourism and the Narita International Airport Corporation

IV. Monthly trend (Merchandise sales and Food and beverage)

JAPAN AIR TERMINAL

Monthly trend – Shops in domestic terminal
Haneda Airport (year-on-year change)



20

%
Passengers (Domestic flights)
Sales (Shops in domestic terminal)

Financial crisis being
triggered by the US

10

H1N1 influenza
outbreak

Sales

0

Passengers

-10

-20
07.04 07,05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 14

Number of passengers based on the material from the Ministry of
Infrastructure, Land, Transport and Tourism

JAPAN AIR TERMINAL

Monthly trend – Shops in international terminal

Haneda Airport (year-on-year change)%

80
Passengers (International flights)
Sales (Shops in international terminal)

60

Launch ofinternational charter
flights between
Haneda and Beijing:
4 flights/day

40

H1N1 influenza
outbreak

Passengers

20

0

-20

Launch of international
charter flights between
Haneda and Hong Kong:
1 flight/day
Launch of international
charter flights between
Haneda and Shanghai(Hongqiao Airport):
4 flights/day

International charter
flights between Haneda
and Hong Kong
increased from
1 to 2 flights/day

Financial crisis being
triggered by the US

-40
Sales

-60
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 15

Number of passengers based on the material from the Ministry of
Infrastructure, Land, Transport and Tourism

JAPAN AIR TERMINAL

Monthly trend – Haneda restaurants
Haneda Airport (year-on-year change)



20

%
Passengers (Haneda)
Sales (Restaurant)

10
Sales

0

Passengers

-10

-20
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 16

Number of passengers based on the material from the Ministry of
Infrastructure, Land, Transport and Tourism

JAPAN AIR TERMINAL

Monthly trend – Shops in international terminal
Narita International Airport (year-on-year change)



40

%
Passengers (Narita International Airport)
Sales (Shops in international terminal)

30
Financial crisis being
triggered by the US

20

H1N1 influenza
outbreakDuty-free brand mall opened at
Terminal 2 Narita International Airport

100
Passengers

-10
-20
Sales

-30
-40
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 17

Number of passengers calculated based on material from theKansai International Airport Co., Ltd., and the Company’s research.
Sales are sales from directly managed duty-free shops.

JAPAN AIR TERMINAL

Monthly trend – Others50

Kansai International Airport (year-on-year change)%
Passengers (Kansai International Airport)

40
30
20

Sales

No.2 runway at KansaiInternational Airport
openedSales
H1N1 influenza
outbreakFinancial crisis being
triggered by the US

10
0
-10
Passengers

-20
-30
-40
-50
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 18

Number of passengers calculated based on material from the KansaiInternational Airport Co., Ltd., and the Company’s research.
Sales included retail sales and fees for commissioned operation of stores.

JAPAN AIR TERMINAL

Monthly trend – Narita restaurantsNarita International Airport (year-on-year change)%

40
Passengers (Narita International Airport)
Sales (Restaurant)

30
20
10
Passengers

0
-10
Sales

-20
-30
-40
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 19

Number of passengers calculated based on the material from the Narita
International Airport Corporation and the Company’s research

JAPAN AIR TERMINAL

Monthly trend – In-flight meals30

Narita International Airport (year-on-year change)%
Passengers (Narita International Airport)
Sales (In-flight meals)

20

10

0
Passengers
Sales

-10

-20

-30
07.04 07.05 07.06 07.07 07.08 07.09 07.10 07.11 07.12 08.01 08.02 08.03 08.04 08.05 08.06 08.07 08.08 08.09 08.10 08.11 08.12 09.01 09.02 09.03 09.04 09.05 09.06 09.07 09.08 09.09 09.10 09.11 09.12 10.01 10.02 10.03 10.04

Note:

Reference Material 20

Number of passengers calculated based on the material from the Narita
International Airport Corporation and the Company’s research