Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015) [J-GAAP](Consolidated)
November 5, 2015
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:
Japan Airport Terminal Co., Ltd.
Listed stock exchange: Tokyo, 1st Section
Code number:
9706
URL: http://www.tokyo-airport-bldg.co.jp/
Representative:
Isao Takashiro, President
Contact:
Yasuhide Yonemoto, Senior Managing Director
Scheduled date of filing securities report:
November 13, 2015
Scheduled date of commencing dividend payment:
December 7, 2015
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 FY2015 (April 1, 2015 to September 30, 2015)(1) Consolidated Business Results (Cumulative)(%: Change from the same period of the previous year)

Operating revenues

Operating income

Net income attributable toowners of the parent

Ordinary income

First Six
Months ofMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2015FY2014

100,080
82,314

21.6
13.5

6,578
5,035

30.6
65.4

7,729
6,193

24.8
90.3

5,277
3,940

33.9
109.5

(Note) Comprehensive income:First six months of FY2015

Net income per share¥5,726 million (27.3%) First six months of FY2014First Six
Months of

Yen

Diluted net income
per shareYen

FY2015FY2014

64.97
48.51

63.40
-

¥4,498 million (44.6%)(2) Consolidated Financial Position
Total assets

Net assets per share

Millions of yen

Millions of yen%

Yen

214,435
218,229

117,249
112,53053.3
50.2

1,407.64
1,349.32

As of September 30, 2015
As of March 31, 2015
(Reference) Equity capital:

Equity capital tototal assets

Net assets

As of September 30, 2015

¥114,341 million

As of March 31, 2015

¥109,603 million

2. Dividends
Dividends per share
Q1-EndFY2014FY2015FY2015 (Forecast)

Q2-EndQ3-EndYear-End

Annual

Yen

Yen

Yen

Yen

Yen

-

9.00
15.00

-

12.00

21.00

-

15.00

30.00

(Note) Revisions to the most recently announced dividends forecast for FY2015: Yes
For the revision of dividends forecast, please refer to the “Announcement of the dividend of retained earnings (interim dividend) and revision of thedividend forecast” (in Japanese only) announced on November 5, 2015.

3. Forecast of Consolidated Financial Results for FY 2015 (April 1, 2015 to March 31, 2016)(%: Change from the same period of the previous year)

Full-year

Net income attributableto owners of the parent

Ordinary income

Net income
per share

Operating revenues

Operating income

Millions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

Yen

209,400

20.7

11,70018.3

13,200

11.4

8,900

33.9

109.57(Note) Revisions to the most recently announced forecast of consolidated financial results for FY2015: 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 5 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, 2015
84,476,500 shares
As of March 31, 2015
2) Number of treasury stock at the period-end:
As of September 30, 2015
3,247,362 shares
As of March 31, 2015
3) Average number of shares outstanding (quarterly consolidated cumulative period):First six months of FY2015
81,229,222 sharesFirst six months of FY2014

84,476,500 shares
3,247,182 shares
81,229,761 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 FY2015 (3) Explanation of Consolidated
Financial Forecasts and Other Forward-looking Statements”.
2. Earnings announcement is planned to be held on November 13, 2015 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, 2016 (FY2015)

Contents of the Appendix Materials
1. QUALITATIVE INFORMATION ON CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST SIXMONTHS OF FY2015 (APRIL 1, 2015 TO SEPTEMBER 30, 2015) .............................................................................. - 2 (1) EXPLANATION OF OPERATING RESULTS ................................................................................................................... - 2 (2) EXPLANATION OF FINANCIAL POSITION ................................................................................................................... - 4 (3) EXPLANATION OF CONSOLIDATED FINANCIAL FORECASTS AND OTHER FORWARD-LOOKING STATEMENTS .................... - 4 -2. SUMMARY (NOTES) INFORMATION......................................................................................................................... - 5 (1) SIGNIFICANT CHANGES IN SUBSIDIARIES DURING THE PERIOD UNDER REVIEW ......................................................... - 5 (2) ADOPTION OF SPECIAL ACCOUNTING METHODS FOR PREPARATION OF QUARTERLY CONSOLIDATED FINANCIAL
STATEMENTS ...................................................................................................................................................... - 5 (3) CHANGES IN ACCOUNTING POLICIES, ACCOUNTING ESTIMATES, AND RESTATEMENT OF REVISIONS ............................ - 5 -3. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS ............................................................................... - 6 (1) QUARTERLY CONSOLIDATED BALANCE SHEETS ........................................................................................................ - 6 (2) QUARTERLY CONSOLIDATED STATEMENTS OF INCOME AND QUARTERLY CONSOLIDATED STATEMENTS OF COMPREHENSIVEINCOME .............................................................................................................................................................. - 8 -Quarterly Consolidated Statements of Income ............................................................................................. - 8 Quarterly Consolidated Statements of Comprehensive Income ..................................................................... - 10 (3) NOTES ON QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS ............................................................................ - 11 (NOTES ON THE PREMISE OF A GOING CONCERN) ........................................................................................................ - 11 (NOTES ON A SIGNIFICANT CHANGE IN SHAREHOLDERS’ EQUITY)................................................................................. - 11 (SEGMENT INFORMATION, ETC.) ................................................................................................................................. - 11 --1-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)

1. Qualitative Information on Consolidated Financial Results for the First Six Months of FY2015(April 1, 2015 to September 30, 2015)(1) Explanation of Operating Results
During the first six months of the fiscal year ending March 31, 2016, the Japanese economy experienced agradual trend of recovery despite some weakness observed. Looking ahead, continuing improvement in
employment and income, coupled with various government policies, is expected to support ongoing moderate
economic recovery. Nevertheless, with the movement toward normalization in the U.S. monetary policy, theprospect of economic downturns in overseas markets such as Asian emerging countries including China posesa risk that could spill over and weaken the Japanese domestic economy.
The airline industry needs to further strengthen its competitiveness for a number of reasons that aretransforming our business environment, including 1) increased competition caused by industry liberalization(open skies agreements) and expansion of routes by low-cost carriers (LCCs), 2) reform of airport
management structures aimed at enhancing efficiency by integrating airport land and terminal building
operations, 3) discussions aimed at strengthening functions of metropolitan airports, and 4) plans for
improving land access to Haneda Airport.
A review of passenger volume during the first six months shows that passengers on domestic flights at
Haneda Airport slightly declined compared to the same period during the previous year. However, passenger
volume on international flights rose year-on-year at Haneda Airport, Narita International Airport, and KansaiInternational Airport since these airports saw their record high monthly volume of inbound passengers.
Under these circumstances, in FY 2015, the last year of the medium-term business plan (FY 2013 throughFY 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.
In duty-free business, we were able to take advantage of a growing number of travelers visiting Japan
from abroad, by improving average purchase prices and increasing customers from China and Southeast Asian
countries. These marketing efforts led to a significant revenue increase at a pace that surpassed the growth rateof passenger volume, which greatly contributed to financial results for the first half in the current fiscal year.
Furthermore, a new company that was established last year to develop duty-free business in a city center
location is proceeding with preparations to open a new shop (Japan Duty Free Ginza) within this year.
At Haneda Airport, “Mercedes me Tokyo HANEDA”, complete with restaurant, café and lounge, opened
at Terminal 2 in July 2015, which is designed to promote its brand information as the first model of this kindin Asia. Also, “Tokyo Food Products” was renovated and its layout was changed from previous face-to-faceshops into the one that allows customers to take products in their hands, in order to improve customer
convenience as well as profitability. Furthermore, a renovation project began at the domestic passenger
terminal in February 2015. Various renovations have been underway to enhance customer convenience,
comfort and functionality of the airport, including new escalators leading to a terrace (South and North) on the
3rd floor of Terminal 1, improvements in signage aimed at better meeting the needs of international customers,
as well as introduction of step-less passenger boarding bridges (PBB) at Terminal 1.
Moreover, we signed a basic agreement with CYBERDYNE Inc. on introduction of next-generation
robots in the Haneda Airport passenger terminals as part of our efforts to create new value and improve thequality of convenience for customers.
As a result, consolidated operating revenues for the cumulative first half (April 1, 2015 – September 30,2015) rose 21.6% compared with the same period of the previous year to ¥100,080 million. Operating income
rose to ¥6,578 million (up 30.6% year-on-year), ordinary income to ¥7,729 million (up 24.8% year-on-year)
and net income (attributable to owners of the parent) to ¥5,277 million (up 33.9% year-on-year).
May 2015 marked the 60th anniversary of Haneda Airport’s passenger terminal. For the second year in arow, we had the honor of being recognized as meeting global best standard and earning 5-Star Airport status in
the Global Airport Ranking conducted by Skytrax in the UK. In a bid to further enhance our reputation, we
will work cooperatively as an entire airport to move together in our preparations for the 2020 Tokyo Olympics
and Paralympics Games. With the highest priority placed on airport customers, we will ensure the safety of the
airport and will provide services that offer exceptional customer convenience, comfort, and functionality.
Aiming to be the world’s best passenger terminal and to earn the long-term trust of customers, we arecommitted to contributing to the advancement of air transportation.
The following is a breakdown of earnings by segment. Note that the figures for operating income are
equivalent to those for segment income.
[Facilities Management]
Rental revenue fell slightly from the same period during the previous year due to a decrease in percentage-2-Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)

rent revenue generated from tenants at Haneda’s domestic passenger terminal.
Revenue from facility user charges fell slightly from the same period during the previous year because adecline in domestic passenger volume caused a fall in user charges revenue for domestic terminal facilities.
Other revenues increased from the same period during the previous year because of an increase in revenue
from outsourcing business at Haneda’s international terminal and the addition of revenue from “Royal Park
Hotel THE Haneda” which opened in September 2014.
As a result, operating revenues from facilities management operations increased to ¥25,961 million (up3.7% year-on-year). Operating income for the segment was ¥3,280 million (up 1.0% year-on-year) due to anincrease in maintenance and other costs.
[Merchandise Sales]
Significant year-on-year growth in inbound visitors to Japan due to the weakening of the Yen and theeasing of visa requirements for Southeast Asian countries boosted sales at international terminal stores andother (wholesale) revenues.
Sales at international terminal stores increased significantly from the same period during the previous year
because of the improvement in average purchase prices and an increase in the sales of luxury brands as a resultof marketing efforts targeting inbound travelers from China and Southeast Asian countries.
Other revenues (wholesale) also rose considerably year-on-year due to an increase in the wholesaling ofproducts to stores at Haneda Airport, Narita Airport, Kansai Airport, Central Japan International Airport, as
well as to other airports.
Sales at domestic terminal stores exceeded those of the same period during the previous year due toaddition of revenue from two shops of “Isetan Haneda Store” that opened last year despite decline in domestic
passenger volume.
As a result, operating revenues from merchandise sales operations increased to ¥66,846 million (up 31.6%
year-on-year) and operating income rose to ¥5,523 million (up 41.0% year-on-year) driven by increased grossprofits primarily in the duty-free goods business.
[Food and Beverage]
Sales from food and beverage operations increased from the same period during the previous year as aresult of new shops developed at Haneda’s domestic and international passenger terminals.
Sales from in-flight meals rose from the same period during the previous year since foreign carriers, ourclients in this business, increased their flights and we also acquired a new client.
Other revenues increased due to an increase in outsourcing business operated in expanded spaces at
Haneda’s international passenger terminal.
As a result, operating revenues from food and beverage operations increased by 8.5% year-on-year to¥9,837 million. Operating income for the segment was ¥299 million (up 436.9% year-on-year) due to various
cost savings in labor cost and procurement.
(Challenges that the Company Faces)
During the term under review, there were no significant changes in the challenges facing the Company.
The airline industry needs to further strengthen its competitiveness for a number of reasons that aretransforming our business environment, including 1) increased competition caused by industry liberalizationand expansion of routes by LCCs, 2) reform of airport management structures aimed at enhancing efficiency
by integrating airport land and terminal building operations, 3) discussions aimed at strengthening functions ofmetropolitan airports, and 4) plans for improving land access to Haneda Airport.
The JAT Group has a basic management philosophy to achieve harmony between society and business.
Under this philosophy, our theme of the medium-term business plan (FY 2013 through FY 2015) is “Facilitate
the Ongoing Evolution of Haneda Airport and Strengthen its Business Foundation to Ensure the Future Successof the Airport`s Operation.” Based on this medium-term business plan, JAT Group is working on our strategic
priorities including: 1) Responding to the internationalization of Haneda Airport, 2) Laying the groundwork toensure the future of the airport’s operation, 3) Improving the profitability of group businesses and 4)
Strengthening human resources and organizational capabilities.
In the near-term, we will continue to take measures to take advantage of growing trend of inbound tourists
and further improve profitability by achieving higher average purchase prices. Furthermore, we endeavor toenhance the attractiveness of terminal buildings though capital expenditures. Through these group-wide efforts,
we aim to offer superior convenience, comfort and functionality of passenger terminals and enhance JAT Group’s
corporate value by steadily adapting to changes in business environments.
The JAT Group will continue to strengthen its collaboration with airline companies and contribute toenhance the function of metropolitan airports by working closely with airline companies.

-3-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)(2) Explanation of Financial Position[Assets]
Current assets decreased by ¥987 million from the previous fiscal year end to ¥68,493 million, primarily
due to a decrease in cash and deposits by ¥18,921 million, despite an increase in marketable securities by¥16,002 million and in merchandise and finished products by ¥1,004 million.
Fixed assets decreased ¥2,807 million from the previous fiscal year end to ¥145,941 million, primarily due
to a decline in tangible fixed assets by ¥3,744 million resulting from the progress of depreciation, despite theincrease of investment securities by ¥1,180 million.
As a result, total assets decreased by ¥3,794 million from the previous fiscal year end to ¥214,435 million.
[Liabilities]
Current liabilities decreased by ¥2,803 million from the previous fiscal year end to ¥35,226 million,
primarily because other current liabilities decreased by ¥1,344 million and short-term loans payable decreasedby ¥1,180 million.
Fixed liabilities decreased by ¥5,710 million from the previous fiscal year end to ¥61,958 million,
primarily because long-term loans payable decreased by ¥5,206 million.
As a result, total liabilities decreased by ¥8,514 million from the previous fiscal year end to ¥97,185 million.
[Net assets]
Total net assets increased by ¥4,719 million to ¥117,249 million primarily because retained earnings
increased by ¥4,302 million and valuation difference on available-for-sale securities increased by ¥268
million.
As a result, equity ratio was 53.3% (compared to 50.2% 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 (attributable to ownersof the parent)) for the first half surpassed forecasts driven by robust revenue from duty free business due tosignificant growth of inbound travelers to Japan.
We expect full-year consolidated results to surpass original forecasts reflecting favorable results in the first
half, though maintenance costs will likely increase in the second half due to capital expenditure.
Accordingly, full-year consolidated forecasts that were previously announced on May 8, 2015 have beenrevised as disclosed in “Announcement of revision of the consolidated forecasts” (in Japanese only) on October28, 2015.

-4-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)

2. Summary (Notes) Information(1) Significant Changes in Subsidiaries during the Period under Review
Not Applicable(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
the application of deferred tax accounting is reasonably estimated, and that estimated rate is applied to net
income for the quarterly 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 business combinations)
From the first quarter ended June 30, 2015, the Company has applied the "Accounting Standard forBusiness Combinations" (ASBJ Statement No. 21 of September 13, 2013, hereinafter "Business
Combinations Accounting Standard") , the "Accounting Standard for Consolidated Financial Statements"(ASBJ Statement No.22 of September 13, 2013, hereinafter "Consolidation Accounting Standard") and the"Accounting Standard for Business Divestitures" (ASBJ Statement No.7, September 13, 2013, hereinafter"Business Divestitures Accounting Standard") and other standards. With this application, the Company has
started to record as capital surplus, the difference arising from changes of the Company's equity ownershipinterest in subsidiaries in which it continues to control, and to book acquisition-related costs as expenses forthe fiscal year in which the transaction took place. With regard to business combinations executed on or after
April 1, 2015, the Company has started to reflect the adjustments to the allocation of acquisition cost as aresult of the finalization of provisional accounting treatment in the quarterly consolidated financial
statements in which the business combination is executed. The Company has also changed the presentation
method of quarterly net income, etc., and the presentation from minority interests to non-controlling interests.
To reflect the changes in the presentation of the consolidated financial statements, the consolidated financial
statements for the cumulative quarterly period ended September 30, 2014 and for the fiscal year ended
March 31, 2015 have been reclassified.
With the application of the Business Combinations Accounting Standard, the Company has followed
the transitional treatment set forth in Article 58-2 (4) of the Business Combination Accounting Standard,
Article 44-5 (4) of the Consolidation Accounting Standard and Article 57-4 (4) of the Business Divestitures
Accounting Standard, the Company has applied these standards from the beginning of the quarterly period
under review.
There is no impact of these changes to the consolidated financial results for the period under review.

-5-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)

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

ASSETS
Current assets
Cash and deposits
Accounts receivable
Marketable securities
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-6-

FY2014(As of March 31, 2015)

First Six Months of
FY2015(As of September 30,
2015)

46,974
14,383
5,485
122
1,158
1,529
(174)
69,48028,053
14,786
16,002
6,489
118
1,168
1,886
(11)
68,493272,828(181,513)
91,314
10,417(8,567)
1,849
10,466
2,938(1,966)971
203
26,734(22,086)
4,647
109,453
1,416

273,341(185,570)
87,77010,388(8,643)
1,744
10,466
2,722(1,832)889
76
27,408(22,647)
4,760
105,7091,400

22,994
6,664
5,290
197
2,731
37,878
148,748
218,229

24,175
6,666
5,121
245
2,622
38,831
145,941
214,435

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)(Millions of yen)

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
Bonds with stock acquisition rights
Long-term loans payable
Lease obligations
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
Non-controlling interests
TOTAL NET ASSETSTOTAL LIABILITIES AND NET ASSETS-7-

FY2014(As of March 31, 2015)

First Six Months of
FY2015(As of September 30,
2015)

7,238
11,402
3,233
1,165
196
14,79338,029

7,552
10,222
2,540
1,347
114
13,44935,22630,14828,328
655
4,409
456
3,672
67,669105,699

30,13523,122
685
4,028
460
3,527
61,95897,185

17,48921,30973,252(3,242)
108,808

17,48921,30977,555(3,244)
113,110

4,405

4,673

(2,816)
56
(850)
795
2,926
112,530
218,229(2,754)
57
(746)
1,230
2,908
117,249
214,435

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive
IncomeQuarterly Consolidated Statements of Income(Millions of yen)

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
Loss on retirement of fixed assets
Miscellaneous expenses
Total non-operating expenses
Ordinary income-8-First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)

First Six Months of
FY2015(from April 1, 2015
to September 30, 2015)

6,457
8,942
9,215
50,436
7,263
82,314

6,441
8,899
10,48966,494
7,755
100,080

37,271
4,621
41,89340,421

49,415
5,053
54,46945,611

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

3,984
1,274
112
465
6,100
9,706
5,525
11,86439,033
6,578

218
154
705
542
1,620

325
186
798
271
1,581

400
37
23
462
6,193

293
110
25
429
7,729

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)(Millions of yen)

Extraordinary loss
Loss on sales of shares of subsidiaries and associates
Loss on valuation of other investments
Total extraordinary loss
Quarterly income before income taxes and non-controllinginterests
Income taxes – current
Quarterly income
Quarterly net income attributable to non-controllinginterests
Quarterly net income attributable to owners of the parent-9-First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)

First Six Months of
FY2015(from April 1, 2015
to September 30, 2015)

22
22

4
4

6,170

7,725

2,218
3,951

2,447
5,278

10

1

3,940

5,277

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)

Quarterly Consolidated Statements of Comprehensive Income(Millions of yen)

Quarterly income
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 non-controllinginterests- 10 -First Six Months of
FY2014(from April 1, 2014
to September 30, 2014)
3,951

First Six Months of
FY2015(from April 1, 2015
to September 30, 2015)
5,278

657
(5)
123

271
0
100

(228)

75

547
4,498

447
5,726

4,481

5,713

17

13

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Second Quarter of the Fiscal Year Ending March 31, 2016 (FY2015)(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 FY2014 (from April 1, 2014 to September 30, 2014)
1. Sales and income by reportable segment(Millions of yen)

Reportable segments

Quarterly
consolidated
financialstatements Note2

Facilities
Management

Merchandise
Sales

24,00150,436

7,876

82,314-82,314

Intersegment sales
and transfers

1,030

342

1,193

2,566

(2,566)-

Total
Segment income

25,031
3,249

50,779
3,918

9,069
55

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

Operating revenues
Sales to externalcustomers(Notes)Food andBeverage

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

II. First six months of FY2015 (from April 1, 2015 to September 30, 2015)
1. Sales and income by reportable segment(Millions of yen)

Reportable segments

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

Adjustments

Quarterly
consolidated
financialstatements Note2

Facilities
Management

Merchandise
Sales

25,02766,4988,554

100,080-

100,080

934

347

1,282

2,563

(2,563)-25,961
3,280

66,846
5,523

9,837
299

102,644
9,104(2,563)(2,526)

100,080
6,578

Total

Note 1

1. Adjustments to the segment income include ¥2,528 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- 11 -