Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014) [J-GAAP](Consolidated)
November 5, 2014
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.

Company name:
Code number:
Representative:
Contact:

Japan Airport Terminal Co., Ltd.
Listed stock exchange: Tokyo, 1st Section
9706
URL: http://www.tokyo-airport-bldg.co.jp/
Isao Takashiro, President
Hiroshi Miyauchi, Managing Director, Senior Vice President, Administration Department
TEL 03-5757-8030
Scheduled date of filing securities report:
November 13, 2014
Scheduled date of commencing dividend payment:
December 8, 2014
Supplementary materials on financial results (yes/no)
Yes
Holding of quarterly earnings announcement (yes/no)
Yes (for financial analysts and institutional investors)(Figures are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the First Six Months of FY2014 (April 1, 2014 to September 30, 2014)(1) Consolidated Business Results (Cumulative)(%: Change from the same period of the previous year)

Operating revenues

Operating income

Ordinary income

Net income

First Six
Months ofMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2014FY201382,314
72,522

13.5
4.1

5,035
3,043

65.4
18.1

6,193
3,253

90.3
27.6

3,940
1,881

109.5
51.2

(Note) Comprehensive income:First six months of FY2014

Net income per share¥4,498 million (44.6%)

First Six Monthsof

Yen

Diluted net income
per shareYen

FY2014FY2013

48.51
23.16

-

First six months of FY2013¥3,111 million (351.6%)(2) Consolidated Financial Position
Total assets

Net assets per share

Millions of yen

Millions of yen%

Yen

184,211
185,358

107,724
101,866

57.2
54.1

1,296.63
1,235.25

As of September 30, 2014
As of March 31, 2014
(Reference) Equity capital:

Equity capital tototal assets

Net assets

As of September 30, 2014

¥105,324 million

As of March 31, 2014

¥100,339 million

2. Dividends
Dividends per share
Q1-EndFY2013
FY2014FY2014 (Forecast)

Q2-EndQ3-EndYear-End

Annual

Yen

Yen

Yen

Yen

Yen

-

6.00
9.00

-

7.00

13.00

-

9.00

18.00

(Note) Revisions to the most recently announced dividends forecast for FY2014: Yes

3. Forecast of Consolidated Financial Results for FY 2014 (April 1, 2014 to March 31, 2015)(%: Change from the same period of the previous year)

Full-year

Ordinary income

Net income
per share

Operating revenues

Operating income

Net income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

165,400

12.4

8,800

42.1

9,700

69.5

5,700

91.3

70.17

(Note) Revisions to the most recently announced forecast of consolidated financial results for FY2014: None

* Notes(1) Significant changes in subsidiaries during the period under review (changes in specified subsidiaries involving changes in scope of
consolidation): None
New: None
Excluded: None
(2) Adoption of special accounting methods for preparation of quarterly consolidated financial statements: Yes(Note) For details, please refer to page 4 of the appendix materials “2. Summery (Notes) Information (2) Adoption of Special
Accounting Methods for Preparation of Quarterly Consolidated Financial Statements”.
(3) Changes in accounting policies, accounting estimates, and restatement of revisions
1) Changes in accounting policies due to revisions of accounting standards, etc.: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Restatement of revisions: None
(4) Number of shares outstanding (common stock)1) Number of shares outstanding at the period-end (including treasury stock):
As of September 30, 2014
84,476,500 shares
As of March 31, 2014
2) Number of treasury stock at the period-end:
As of September 30, 2014
3,246,827 shares
As of March 31, 2014
3) Average number of shares outstanding (quarterly consolidated cumulative period):First six months of FY2014
81,229,761 sharesFirst six months of FY2013

84,476,500 shares
3,246,682 shares
81,230,085 shares* Implementation status of quarterly review procedures
The quarterly review procedure based on the Financial Instruments and Exchange Act does not apply to this Financial Report, andthe quarterly review procedure based on the Financial Instruments and Exchange Act had not been completed as of the release of thisFinancial Report.

* Statements regarding the proper use of financial forecast and other special remarks
1. The forecast of the business results reported herein was prepared based on information the Company had in its possession as of thetime this report was prepared and on certain assumptions judged to be reasonable. The Company makes no guarantee that thesefigures will be achieved. Actual results may differ significantly from forecasts due to various factors. For the assumptions used infinancial forecasts and precautionary statements regarding the use of the forecasts, please refer to page 4 of the appendix materials“1.Qualitative Information on Consolidated Financial Results for the First Six Months of FY2014 (3) Explanation of Consolidated
Financial Forecasts and Other Forward-looking Statements”.
2. Earnings announcement is planned to be held on November 11, 2014 for institutional investors and financial analysts. Video of thepresentation as well as presentation materials used in the earnings announcement will be promptly posted on the Company’s
website following the meeting.

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

Contents of the Appendix Materials
1. QUALITATIVE INFORMATION ON CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST SIXMONTHS OF FY2014 (APRIL 1, 2014 TO SEPTEMBER 30, 2014)........................................................................... - 2 (1) E XPLANATION OF OPERATING RESULTS ...................................................................................................................... - 2 (2) E XPLANATION OF FINANCIAL POSITION ...................................................................................................................... - 3 (3) E XPLANATION OF CONSOLIDATED FINANCIAL FORECASTS AND OTHER FORWARD -LOOKING S TATEMENTS .................... - 4 -2. SUMMARY (NOTES) INFORMATION ................................................................................................................... - 4 (1) SIGNIFICANT CHANGES IN SUBSIDIARIES DURING THE PERIOD UNDER REVIEW ........................................................... - 4 (2) ADOPTION OF SPECIAL ACCOUNTING METHODS FOR PREPARATION OF QUARTERLY CONSOLIDATED FINANCIAL
STATEMENTS ........................................................................................................................................................... - 4 (3) CHANGES IN ACCOUNTING POLICIES, ACCOUNTING ESTIMATES, AND RESTATEMENT OF REVISIONS ............................. - 4 -3. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS............................................................................ - 5 (1) QUARTERLY CONSOLIDATED BALANCE SHEETS ........................................................................................................... - 5 (2) QUARTERLY CONSOLIDATED STATEMENTS OF I NCOME AND QUARTERLY CONSOLIDATED STATEMENTS OF COMPREHENSIVEINCOME .................................................................................................................................................................. - 7 Quarterly Consolidated Statements of Income................................................................................................................. - 7 Quarterly Consolidated Statements of Comprehensive Income .......................................................................................... - 9 (3) NOTES ON QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS .............................................................................. - 10 (NOTES ON THE PREMISE OF A GOING CONCERN) ........................................................................................................... - 10 (NOTES ON A SIGNIFICANT CHANGE IN SHAREHOLDERS’ EQUITY) ................................................................................... - 10 (SEGMENT I NFORMATION, ETC.) ..................................................................................................................................... - 10 --1-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

1. Qualitative Information on Consolidated Financial Results for the First Six Months of FY2014(April 1, 2014 to September 30, 2014)(1) Explanation of Operating Results
During the first six months of the fiscal year ending March 31, 2015, the Japanese economy experienced agradual trend of recovery as the negative impact caused by the downturn in demand following theconsumption tax hike has been mitigated. Going forward, while weakness remains in the near term,
improvement in employment and income is likely to continue and various policies are expected to support
economic recovery. Nevertheless, downside risks remain that could weaken the domestic economy, such as aprolonged negative impact on demand caused by the consumption tax hike and an economic downturn inoverseas markets.
The airline industry needs to further strengthen its competitiveness for a number of reasons, including 1)
industry liberalization (open skies agreements), 2) the expansion of routes by low-cost carriers (LCC), 3) the
ongoing efforts to reform airport management structures aimed at promoting efficient operation by integrating
airport land and terminal building operations, 4) the commencement of comprehensive discussions aimed atstrengthening functions of metropolitan airports, and 5) the announcement of a plan for improving rail accessto Haneda Airport. A review of passenger volume during the first six months shows that Haneda’s domestic
flight passengers continued to increase compared to the same period during the previous year. Passenger
volume on international flights at Haneda rose significantly due to an increase of landing slots for international
flights at Haneda. Kansai International Airport also saw an increase in passengers on international flights due
primarily to increase in flights.
Under these circumstances, in FY 2014, the second year of the medium-term business plan (FY 2013
through FY 2015), the Japan Airport Terminal (JAT) Group is working on our strategic priorities including: 1)
Responding to the internationalization of Haneda Airport, 2) Laying the groundwork to ensure the future of the
airport’s operation, 3) Improving the profitability of group businesses and 4) Strengthening human resourcesand organizational capabilities.
We made efforts to improve the profitability of our group businesses by expanding the operations ofduty-free shops, as well as that of facility maintenance and management. This was done in conjunction withthe expansion of Haneda’s international passenger terminal in line with the increased international flights after
March 2014. In September 2014, “Royal Park Hotel THE Haneda” was opened as part of our efforts to better
serve our customers’ needs. The hotel is directly connected to airport terminal building and offers somerooms designed specifically for transit customers. This is expected to contribute to improving airport function,customer convenience, and profitability.
As a step toward enhancing the future of the airport’s operation at Haneda, we introduced a new structure
involving passenger service facility charges for public areas from April 2014. While these charges werepreviously paid by the airlines, they are now paid by airline passengers. This change is intended to create
greater transparency with respect to the cost-and-benefit relationship involving the use of the airport facility.
Along with this, we are aiming to improve customer convenience to further fulfill our responsibility topassengers. For example, a transfer facility between the domestic and international terminals was constructedat the airport’s domestic passenger terminal in March 2014 in conjunction with the expansion of international
flights at Haneda. In July 2014, baggage carts became available that can be used only in gate lounges locatedbeyond security screening points.
The second outlet of “Isetan Haneda Store (Men)”, whose first shop has been popular among businessmen
using Haneda Airport, was opened at Passenger Terminal 2 in June 2014. Furthermore, to address the unmet
needs of female travelers, “Isetan Haneda Store (Ladies)” was opened in July at Terminal 1.
At duty-free shops, in response to the steadily growing volume of inbound travelers from abroad, we
aimed to further expand revenue by improving average purchase prices and purchase rates. We were able tocapitalize on an increase in customers due to the expansion of landing slots from this March at Haneda airport.
These efforts, especially at Haneda Airport, combined with marketing activities targeting inbound travelers
form China and Southeast Asian countries, were very successful and led to a significant revenue increase at apace that surpassed the growth rate of passenger volume.
Furthermore, in September 2014, we established a new company to operate duty-free shops in a morecompetitive city center location in addition to existing duty-free shop business at airports. As part of ourefforts to promote Japan as a tourism-oriented country, this company will utilize our knowhow in duty-free
shop business together with our other expertise. The new company will not only encourage the consumption ofJapanese and non-Japanese customers flying outbound from airports, but will also enhance convenience for
inbound travelers, thereby expanding non-airline revenue.
In recognition of these initiatives, Tokyo International Airport Haneda gained 5-Star Airport status, the top
quality ranking, in the Global Airport Ranking conducted by Skytrax of the UK, for the first time in the historyof Japanese airports. Haneda was evaluated to be among the best in the world in terms of the quality of its
terminal facilities and services.
-2-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

As a result of these measures, consolidated operating revenues during the period (April 1, 2014 –September 30, 2014) rose 13.5% compared with the same period during the previous year to ¥82,314 million.
Operating income rose to ¥5,035 million (up 65.4% year-on-year), ordinary income to ¥6,193 million (up90.3% year-on-year) and net income to ¥3,940 million (up 109.5% year-on-year).
The following is a breakdown of earnings by segment. Note that the figures for operating income (loss) areequivalent to those for segment income (loss).
[Facilities Management]
Rental revenue decreased from the same period during the previous year, because of revised rents for someoffice tenants and a decline in revenue from properties located outside of the airport.
Revenue from facility user charges surpassed that of the same period during the previous year becauseuser charges revenue for domestic terminal facilities increased primarily due to growth in passenger volume.
Other revenues also greatly increased from the same period during the previous year. This was mainly
because of an increase in revenue from outsourcing business at Haneda’s international terminal and anincrease in airport lounge revenue following the growth in passenger volume.
As a result, operating revenues from facilities management operations increased to ¥ 25,031 million (up9.3% year-on-year). Operating income for the segment was ¥3,249 million (up 71.5% year-on-year). This
increase was due to revenue growth supported by growing passenger volume, coupled with a decrease in a
one-time expense recorded during the previous year because of the three newly-completed spots at domestic
passenger Terminal 2.
[Merchandise Sales]
Sales at domestic terminal stores exceeded those of the same period during the previous year due primarily todevelopment of new shops, such as the second outlet of “Isetan Haneda Store (Men)” and “Isetan Haneda(Lady)” in the departure gate lounge, combined with growth in passenger volume.
Sales at international terminal stores increased significantly from the same period during the previous year,
driven by an increase in the sales of luxury brand and other products due to the increasing number of incoming
travelers to Japan and the continued weakening of the Yen.
Other revenues increased considerably compared with the figures for the same period during the previous
year primarily owing to an increase in the wholesaling of products to stores at the Haneda Airport’s
international passenger terminal building and to other airports.
As a result, operating revenues from merchandise sales operations increased to ¥50,779 million (up 17.9%
year-on-year) and operating income rose to ¥3,918 million (up 29.1% year-on-year) due partly to new pricing
and improved gross margins across merchandise categories, particularly duty-free goods.
[Food and Beverage]
Sales from food and beverage operations slightly increased from the same period during the previous year as aresult of growth in passenger volume and the reorganization of shops.
Sales from in-flight meals declined as passenger volume of foreign carriers decreased due to their use ofsmaller aircraft. This offset the impact of an increase in the volume of flights by foreign carriers.
Other revenues rose due to an increase in outsourcing business operated in expanded spaces atinternational passenger terminals.
As a result, operating revenues from food and beverage operations increased 1.2% year-on-year to ¥9,069
million. Despite various cost-reduction efforts, operating income for the segment was ¥55 million (down
68.2% year-on-year), primarily because labor costs increased as more employees were needed in the expanded
area at the international terminal.
We entered into a capital and business alliance agreement with LSG Catering Hong Kong Ltd. ("LSG") in
September 2014 aimed at strengthening the catering services of our consolidated subsidiary Cosmo EnterpriseCo., Ltd. ("Cosmo Enterprise"), which manufactures and sells in-flight meals. In this transaction, 20% of
Cosmo Enterprise’s shares owned by Japan Airport Terminal were assigned to LSG.
(2) Explanation of Financial Position[Assets]
Current assets increased ¥2,444 million from the previous fiscal year end to ¥34,533 million, primarily due toan increase in other current assets by ¥1,973 million.
Fixed assets decreased ¥3,592 million from the previous fiscal year end to ¥149,677 million, primarily due
to a decline in tangible fixed assets by ¥4,028 million resulting from the progress of depreciation, despite anincrease in investment securities by ¥1,414 million.
As a result, total assets decreased by ¥1,147 million from the previous fiscal year end to ¥184,211 million.
-3-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)[Liabilities]
Current liabilities increased ¥1,497 million from the previous fiscal year end to ¥32,970 million, primarily
because short-term loans payable increased by ¥500 million and other current liabilities increased by ¥417
million.
Fixed liabilities decreased ¥8,502 million from the previous fiscal year end to ¥43,516 million, primarily
because long-term loans payable decreased by ¥6,386 million and net defined benefit liabilities decreased by¥1,719 million.
As a result, total liabilities decreased by ¥7,005 million from the previous fiscal year end to ¥76,486 million.
[Net assets]
Total net assets increased ¥5,857 million to ¥107,724 million primarily because retained earnings increased by¥4,437 million and minority interests increased by ¥872 million.
As a result, equity ratio was 57.2% (compared to 54.1% at the previous fiscal year end).
(3) Explanation of Consolidated Financial Forecasts and Other Forward-looking Statements
Consolidated revenue and profits (operating income, ordinary income, and net income) during the first halfsurpassed forecasts driven by strong performance of duty-free business, particularly at shops in Haneda Airport’s
international terminal.
In the second half of the fiscal year under review, we expect consolidated results to surpass original forecasts
reflecting favorable results in the first half, though maintenance and other costs will likely increase since part ofthe planned capital expenditure has been postponed from the first half to the second half of the year.
Full-year consolidated forecasts that were previously announced on May 8, 2014 have been revised as
disclosed on October 31, 2014. Full-year non-consolidated results were also revised in the same disclosure.
Accordingly, forecasts for dividends were revised. Please refer to the details in the announcement made on
November 5, 2014 “Announcement of the interim dividend and revision of the dividend forecast”.

2. Summary (Notes) Information(1) Significant Changes in Subsidiaries during the Period under Review
Not Applicable
Although not falling under the category of changes in specified subsidiary, Japan Duty Free Fa-So-La Isetan
Mitsukoshi Co., Ltd. is newly established during the period and included in the scope of consolidation.
(2) Adoption of Special Accounting Methods for Preparation of Quarterly Consolidated Financial Statements(Calculation of tax expenses)
The effective tax rate on income before taxes for the consolidated fiscal year including the first half after theapplication of deferred tax accounting is reasonably estimated, and that estimated rate is applied to net income
for the period to calculate estimated tax expenses.
(3) Changes in Accounting Policies, Accounting Estimates, and Restatement of Revisions(Changes in Accounting Policies)(Application of accounting standard for retirement benefits)
From the first quarter ended June 30, 2014, the Company has applied the main clauses of Paragraph 35 of
the “Accounting Standard for Retirement Benefits” (ASBJ Statement No. 26, May 17, 2012, hereinafter“Retirement Benefits Accounting Standard”) and the main clause of Paragraph 67 of the “Guidance on
Accounting Standard for Retirement Benefits” (ASBJ Guidance No. 25, May 17, 2012, hereinafter“Retirement Benefits Guidance”). With this application, the Company has reviewed the calculation methodsof retirement benefit obligation and service cost. The method of calculating the portion of expected benefits
attributed to periods was changed from the straight-line basis to the benefit formula basis. The method ofdetermining the discount rates was changed from the method based on the number of years approximate to
the employees’ average remaining service periods to the method using the single weighted-average discountrate that reflects the estimated period and amount of benefit payment in each period.
With the application of the Retirement Benefits Accounting Standard, the Company has followed thetransitional treatment set forth in Paragraph 37 of the Retirement Benefits Accounting Standard. The amountof financial impact resulting from the change in calculation methods of retirement benefit obligation andservice cost were added to or deducted from retained earnings as of April 1, 2014.
As a result of the change, as of the beginning of this period, net defined benefit asset increased by ¥68
million, net defined benefit liability decreased by ¥1,615 million and retained earnings increased by ¥1,065
million. In addition, the financial impact of this change on operating income, ordinary income and income
before income taxes and minority interests for this period was immaterial.
-4-Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

3. Quarterly Consolidated Financial Statements(1) Quarterly Consolidated Balance Sheets(Millions of yen)

ASSETS
Current assets
Cash and deposits
Accounts receivable
Merchandise and finished products
Raw materials and stored goods
Deferred tax assets
Other current assets
Allowance for doubtful accounts
Total current assets
Fixed assets
Tangible fixed assets
Buildings and structures
Accumulated depreciation and impairment loss
Buildings and structures (net)
Machinery, equipment and vehicles
Accumulated depreciation and impairment loss
Machinery, equipment and vehicles (net)Land
Lease assets
Accumulated depreciation and impairment loss
Lease assets (net)
Construction in progress
Other tangible fixed assets
Accumulated depreciation and impairment loss
Other tangible fixed assets (net)Total tangible fixed assets
Intangible fixed assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Net defined benefit assets
Other investments
Total investments and other assets
Total fixed assets
TOTAL ASSETS-5-

FY2013(As of March 31, 2014)

First Six Months of
FY2014(As of September 30,
2014)

15,175
9,558
4,369
108
1,003
1,885
(12)
32,08812,321
12,425
4,790
130
1,019
3,859
(12)
34,533272,769(174,638)
98,131
10,136(8,417)
1,719
10,4662,930(1,502)
1,428
325,906(21,472)
4,433
116,182
1,949

273,364(178,801)
94,563
10,166(8,474)
1,691
10,466
2,919(1,722)
1,196
5
26,224(21,993)
4,230
112,153
1,641

18,680
6,664
7,595
2,197
35,137
153,270
185,358

20,094
6,665
6,704
99
2,320
35,882
149,677
184,211

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

FY2013(As of March 31, 2014)

LIABILITIESCurrent liabilities
Accounts payable
Short-term loans payable
Income taxes payable
Allowance for employees’ bonuses
Allowance for directors’ bonuses
Other current liabilities
Total current liabilities
Fixed liabilities
Long-term loans payable
Net defined benefit liabilities
Asset retirement obligations
Other fixed liabilities
Total fixed liabilities
TOTAL LIABILITIESNET ASSETS
Shareholders’ equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Deferred gains (losses) on hedges
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total Accumulated other comprehensive income
Minority interests
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS-6-(Millions of yen)First Six Months of
FY2014(As of September 30,
2014)

5,737
12,272
2,010
1,052
170
10,22931,472

6,014
12,772
2,311
1,128
96
10,64732,97039,730
6,786
449
5,053
52,01983,492

33,344
5,066
453
4,652
43,51676,486

17,48921,30966,839(3,240)102,397

17,48921,30971,276(3,240)106,834

2,099

2,753

(2,626)51(1,583)(2,058)
1,527
101,866
185,358(2,884)46(1,425)(1,509)2,399
107,724
184,211

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
IncomeQuarterly Consolidated Statements of Income

Operating revenues
Rent revenue
Facility user charges revenue
Other revenues
Sale of merchandise
Sale of food and beverage
Total operating revenue
Cost of sales
Cost of sales of merchandise
Cost of sales of food and beverage
Total cost of sales
Gross profit
Selling, general and administrative expenses
Salaries and wages
Provision for employees’ bonuses
Provision for directors’ bonuses
Expenses for retirement benefits
Rent expenses
Outsourcing and commission
Depreciation expenses
Other costs and expenses
Total selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Miscellaneous income
Total non-operating income
Non-operating expenses
Interest expenses
Equity in losses of affiliates
Miscellaneous expenses
Total non-operating expenses
Ordinary income-7-First Six Months of
FY2013(from April 1, 2013
to September 30, 2013)(Millions of yen)First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)

6,671
8,248
7,363
42,717
7,520
72,522

6,457
8,942
9,215
50,436
7,263
82,31431,6004,643
36,24436,27837,271
4,621
41,89340,421

3,592
862
89
485
4,528
6,822
6,258
10,59333,234
3,043

3,709
1,072
96
496
4,890
8,382
5,847
10,89035,386
5,035

168
165
416
750

218
154
705
542
1,620

450
15
74
540
3,253

400
61
462
6,193

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

Extraordinary income
Subsidy income from government
Total extraordinary income
Extraordinary loss
Loss on reduction of fixed assets
Loss on retirement of fixed assets
Loss on sales of shares of subsidiaries and associates
Loss on valuation of other investments
Total extraordinary loss
Quarterly income before income taxes and minority
interests
Income taxes – current
Quarterly income before minority interests
Minority interests income
Quarterly net income-8-First Six Months of
FY2013(from April 1, 2013
to September 30, 2013)(Millions of yen)First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)

89
89

-

88
37
1
126

22
22

3,216

6,170

1,313
1,902
21
1,881

2,218
3,951
10
3,940

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)

Quarterly Consolidated Statements of Comprehensive Income

Quarterly income before minority interests
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Share of other comprehensive income of associates
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable to:Comprehensive income attributable to owners of theparentComprehensive income attributable to minority interests-9-First Six Months of
FY2013(from April 1, 2013
to September 30, 2013)
1,902(Millions of yen)First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)
3,951

691
25
-

657
(5)
123

491

(228)

1,209
3,111

547
4,498

3,086

4,481

25

17

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2015 (FY2014)(3) Notes on Quarterly Consolidated Financial Statements(Notes on the Premise of a Going Concern)
Not applicable(Notes on a Significant Change in Shareholders’ Equity)
Not applicable(Segment Information, etc.)
Segment Information
I.

First six months of FY2013 (from April 1, 2013 to September 30, 2013)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Operating revenues
Sales to externalcustomers
Intersegment sales
and transfers
Total
Segment income (loss)(Notes)Food andBeverage

Adjustments

Quarterly
consolidated
financialstatements Note2

Facilities
Management

Merchandise
Sales

21,882

42,736

7,904

72,522-

72,522

1,021

322

1,059

2,403

(2,403)-22,903
1,894

43,058
3,033

8,963
175

74,926
5,104(2,403)(2,061)

72,522
3,043

Total

Note 1

1. Adjustments to the segment income include ¥2,062 million of administration expenses for the parent company’s administration
divisions and others at head office which are not allocated to each of the reportable segments.
2. Segment income is adjusted with operating income recorded in the Quarterly Consolidated Statements of Income.

2.

Information on impairment loss on fixed assets and goodwill, etc., by reportable segment
Not applicable

II. First six months of FY2014 (from April 1, 2014 to September 30, 2014)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Operating revenues
Sales to externalcustomers
Intersegment sales
and transfers
Total
Segment income (loss)(Notes)Food andBeverage

Adjustments

Facilities
Management

Merchandise
Sales

24,00150,436

7,876

82,314-82,314

1,030

342

1,193

2,566

(2,566)-25,031
3,249

50,779
3,918

9,069
55

84,881
7,223(2,566)(2,188)82,314
5,035

Total

Note 1

1. Adjustments to the segment income include ¥2,190 million of administration expenses for the parent company’s administration
divisions and others at head office which are not allocated to each of the reportable segments.
2. Segment income is adjusted with operating income recorded in the Quarterly Consolidated Statements of Income.

2.

Quarterly
consolidated
financialstatements Note2

Information on impairment loss on fixed assets and goodwill, etc., by reportable segment
Not applicable- 10 -