Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016) [J-GAAP](Consolidated)
August 10, 2016
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/
Nobuaki Yokota, President
Kazuhito Tanaka, Managing Director
TEL 03-5757-8030
Scheduled date of filing securities report:
August 12, 2016
Scheduled date of commencing dividend payment:－
Supplementary materials on financial results (yes/no)
No
Holding of quarterly earnings announcement (yes/no)
No(Figures are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the First Three Months of FY2016 (April 1, 2016 to June 30, 2016)(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 Three
Months ofMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2016FY201548,89648,433

1.0
24.1

1,724
2,909

(40.7)
21.8

2,694
3,543

(24.0)
21.4

1,816
2,430

(25.3)
30.0(Note) Comprehensive income:First Three
Months ofFirst three months of FY2016 ¥2,138 million (-31.4%) First three months of FY2015 ¥3,116 million (62.9%)

Net income per
share
Yen

Diluted net income
per share
Yen

22.37
29.93

22.06
29.54

FY2016FY2015(2) Consolidated Financial Position
Total assets

Net assets per share

Millions of yen

Millions of yen%

Yen

209,101
222,542

119,137
118,39455.8
52.1

1,436.09
1,427.66

As of June 30, 2016
As of March 31, 2016
(Reference) Equity capital:

Equity capital tototal assets

Net assets

As of June 30, 2016 ¥116,651 million

As of March 31, 2016 ¥115,967 million

2. Dividends
Dividends per share
Q1-EndFY2015FY2016FY2016 (Forecast)

Q2-EndQ3-EndYear-End

Annual

Yen

Yen

Yen

Yen

Yen

-

15.00

-

18.00

33.00

18.00

-

18.00

36.00

(Note) Revisions to the most recently announced dividends forecast for FY2016: None

3. Forecast of Consolidated Financial Results for FY 2016 (April 1, 2016 to March 31, 2017)(%: Change from the same period of the previous year)

First half
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

107,400
221,000

7.3
8.3

6,300
12,900

(4.2)
14.1

7,800
15,600

0.9
14.2

5,600
11,100

6.1
25.1

68.94
136.65(Note) Revisions to the most recently announced forecast of consolidated financial results for FY2016: 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.: None
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 June 30, 2016
84,476,500 shares
As of March 31, 2016
2) Number of treasury stock at the period-end:
As of June 30, 2016
3,247,491 shares
As of March 31, 2016
3) Average number of shares outstanding (quarterly consolidated cumulative period):First quarter of FY2016
81,229,029 sharesFirst quarter of FY2015

84,476,500 shares
3,247,422 shares
81,229,280 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
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 forecast 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 Three Months of FY2016 (3) Explanation of Consolidated
Financial Forecasts and Other Forward-looking Statements”.

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

Contents of the Appendix Materials
1. QUALITATIVE INFORMATION ON CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST THREE MONTHS OF
FY2016 (APRIL 1, 2016 TO JUNE 30, 2016) ............................................................................................................................................. - 2 (1) EXPLANATION OF OPERATING RESULTS ...................................................................................................................... - 2 (2) EXPLANATION OF FINANCIAL POSITION ...................................................................................................................... - 3 (3) EXPLANATION OF CONSOLIDATED FINANCIAL FORECASTS AND OTHER FORWARD-LOOKING STATEMENTS .................... - 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 (4) ADDITIONAL INFORMATION.......................................................................................................................................... - 4 3. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS ...................................................................................................... - 5 (1) QUARTERLY CONSOLIDATED BALANCE SHEETS ........................................................................................................... - 5 (2) QUARTERLY CONSOLIDATED STATEMENTS OF INCOME AND QUARTERLY CONSOLIDATED STATEMENTS OF COMPREHENSIVEINCOME .................................................................................................................................................................. - 7 Quarterly Consolidated Statements of Income ................................................................................................................ - 7 Quarterly Consolidated Statements of Comprehensive Income .......................................................................................... - 8 (3) NOTES ON QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS ................................................................................ - 9 (NOTES ON THE PREMISE OF A GOING CONCERN) ............................................................................................................. - 9 (NOTES ON A SIGNIFICANT CHANGE IN SHAREHOLDERS’ EQUITY) ..................................................................................... - 9 (SEGMENT INFORMATION, ETC.) ....................................................................................................................................... - 9 --1-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

1. Qualitative Information on Consolidated Financial Results for the First Three Months of FY2016(April 1, 2016 to June 30, 2016)(1) Explanation of Operating Results
During the first three months of the fiscal year ending March 31, 2017, the Japanese economy
experienced a gradual trend of recovery despite some weakness observed. Looking ahead, continuing
improvement in employment and income, coupled with various government policies, is expected to support
moderate economic recovery. Nevertheless, with signs of weakness seen in overseas economies, the prospect of
economic downturns in Asian emerging countries including China and natural resource-rich countries and theuncertainty in overseas markets heightened by Britain’s vote to leave EU pose a risk that could spill over andweaken the Japanese domestic economy.
The airline industry needs to further strengthen its competitiveness for a number of reasons that aretransforming our business environment, including increased competition caused by industry liberalization(open skies agreements) and expansion of routes by low-cost carriers (LCCs), reform of airport management
structures aimed at enhancing efficiency by integrating airport land and terminal building operations, andmovements aimed at strengthening functions of metropolitan airports. Furthermore, in March 2016, theJapanese government revised upward its target for annual inbound tourists to Japan in 2020 from its previous
target of 20 million, which was almost achieved in 2015, to 40 million in order to meet the new challenge ofa tourism-oriented developed nation.
A review of passenger volume during the first quarter shows that passengers on domestic flights at
Haneda Airport slightly increased compared to the same period during the previous year. Passenger volume
on international flights at Haneda Airport, Narita International Airport, and Kansai International Airport
during the first quarter rose year-on-year since monthly number of inbound tourists continued to see its record
high and inbound tourists for six months from January to June 2016 reached its record high of 11.71 million,
exceeding 10 million for the first time.
Under these circumstances, JAT Group decided to lay out its new long-term vision of “To be a World Best
Airport” so that we can achieve sustainable growth through the creation of new businesses and the generation of
profits, while aiming to be an airport that satisfies the needs of all stakeholders. Based on this long-term vision,
the new medium-term business plan (FY2016 to FY 2020) identifies three strategic pillars: 1) Pursuit of theideal of Haneda Airport, 2) Expansion of our business domain utilizing our strengths and the diversification of
profits, and 3) Reconstruction of our profit base and the building of competitive advantages. We will continue toreposition and strengthen our organizational and governance structure to ensure that we effectively implement
these strategies.
In pursuit of the ideal of Haneda Airport, we sought to enhance customer convenience, comfort andfunctionality of the airport by creating facilities that are more user-friendly to both domestic and internationalcustomers, such as the opening of a multi-purpose restroom equipped with a dressing room, nursing room, andtoilets for children at Terminal 1. Furthermore, we have made progress in applying next-generation robots in aneffort to introduce Japanese technology and also to provide superior services that offer safety, security andconvenience to airport users. Keeping the future of the airport’s operation in mind, we will continue to work tocreate new value and improve the quality of convenience for customers by carrying out research anddevelopment involving new robots aimed at labor-saving and further sophistication of the airport facilities.
To expand and diversify our business domain leveraging our strengths, as part of our efforts to create a
new market, we opened an airport-style in-city duty-free shop (Japan Duty Free GINZA) on the eighth floor of
the Mitsukoshi Ginza department store on January 27, 2016, and Air BIC CAMERA at Haneda’s internationalterminal that offers popular products among foreign tourists including electronics on April 27, 2016. So-called“buying spree” phenomenon has been settling down since the latter half of the last year, and related revenue ffell short of its target in the first quarter. We believe, however, that consumption by international visitors toJapan, in the duty-free market in particular, will expand further in line with the growth of inbound tourists in themid- to the long-term.
As a result, consolidated operating revenues for the cumulative fiscal first quarter (April 1, 2016 - June30, 2016) rose 1.0% compared with the same period of the previous year to ¥48,896 million. Operating
income decreased to ¥1,724 million (down 40.7% year-on-year), ordinary income to ¥2,694 million (down
24.0% year-on-year) and net income (attributable to owners of the parent) to ¥1,816 million (down 25.3%
year-on-year).
Haneda Airport’s passenger terminals, being recognized as meeting the global best standard, earned
5-Star Airport status last year in the Global Airport Ranking conducted by Skytrax in the UK for the second
year in a row. Haneda Airport terminals were awarded first place both in the World’s Best Domestic Airport
category (for the fourth year in a row) and in the World's Best Airport Cleanliness category in March 2016. In
a bid to further enhance our reputation, we will work cooperatively as an entire airport to move together inour 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-2-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

customer convenience, comfort, and functionality. Aiming to be the world’s best passenger terminal and toearn the long-term trust of customers, we are committed to contributing to the advancement of airtransportation.
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 slightly rose from the same period during the previous year due to an increase in general
rent spaces.
Revenue from facility user charges rose from the same period during the previous year because a growthin domestic passenger volume increased user charges revenue for domestic terminal facilities.
Other revenues rose from the same period during the previous year because revenue from outsourcing
business at Haneda’s international terminal and revenue from advertisement increased. .
As a result, operating revenues from facilities management operations increased to ¥12,816 million (up4.3% year-on-year). Operating income for the segment was ¥1,299 million (down 13.0% year-on-year) due toan increase in maintenance and other costs.
[Merchandise Sales]
Sales at domestic terminal stores slightly rose from the same period during the previous year primarily
due to an increase in domestic passenger volume.
Sales at international terminal stores decreased from the same period during the previous year, since theso-called “buying spree” phenomenon settled down and the resulting negative impact was seen at Narita Airportand Kansai International Airport, which more than offset the addition of revenue from the opening of an
airport-style in-city duty-free shop.
Other revenues (wholesale) rose due to an increase in the wholesaling of products to stores at Haneda’s
international terminal in line with growing international passenger volume at Haneda.
As a result, operating revenues from merchandise sales operations decreased to ¥32,245 million (down
1.5% year-on-year) and operating income decreased to ¥1,669 million (down 38.3% year-on-year), coupledwith increased marketing costs at in-city duty-free shop.
[Food and Beverage]
Sales from food and beverage operations slightly increased from the same period during the previous year
as a result of growth in domestic passenger volume.
Sales from in-flight meals significantly rose from the same period during the previous year since foreign
carriers, our clients in this business, increased their flights and we also acquired a new client.
Other revenues increased due to an increase in outsourcing business at Haneda’s international passenger
terminal.
As a result, operating revenues from food and beverage operations increased to ¥5,073 million (up 9.6%
year-on-year). Operating income for the segment was ¥32 million (down 19.1% year-on-year) due to anincrease in outsourcing costs.
(2) Explanation of Financial Position[Assets]
Current assets decreased by ¥12,513 million from the previous fiscal year end to ¥61,689 million,
primarily due to a decrease in cash and deposits by ¥10,339 million and in account receivables by ¥2,874 million,
despite an increase in merchandise and finished products by ¥713 million.
Fixed assets decreased by ¥927 million from the previous fiscal year end to ¥147,411 million, primarily
due to a decline in tangible fixed assets by ¥1,818 million resulting from the progress of depreciation, despite theincrease of investment securities by ¥562 million.
As a result, total assets decreased by ¥13,441 million from the previous fiscal year end to ¥209,101 million.
[Liabilities]
Current liabilities decreased by ¥12,160 million from the previous fiscal year end to ¥31,197 million,
primarily because accrued expenses decreased by ¥7,266 million and income taxes payable decreased by¥1,751 million.
Fixed liabilities decreased by ¥2,024 million from the previous fiscal year end to ¥58,766 million,
primarily because long-term loans payable decreased by ¥1,600 million.
As a result, total liabilities decreased by ¥14,184 million from the previous fiscal year end to ¥89,963
million.
-3-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)[Net assets]
Total net assets increased by ¥742 million to ¥119,137 million primarily because deferred losses onhedges improved by ¥873 million and retained earnings increased by ¥354 million, though valuationdifferences on available-for-sale securities decreased by ¥614 million.
As a result, equity ratio was 55.8% (compared to 52.1% at the previous fiscal year end).
(3) Explanation of Consolidated Financial Forecasts and Other Forward-looking Statements
There have been no changes to the interim and full-year consolidated forecasts announced on May 11, 2016.

2. Summary (Notes) Information(1) Significant Changes in Subsidiaries during the Period under Review
None
Although not falling under the category of changes in specified subsidiary, Air BIC Inc. was newly establishedduring 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 quarter 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
None(4) Additional Information(Application of Guidance on Recoverability of Deferred Tax Assets)
From the first quarter ended June 30, 2016, the Company has applied the “Guidance on Recoverability ofDeferred Tax Assets” (ASBJ Guidance No.26 of March 28, 2016).

-4-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

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-5-

FY2015(As of March 31, 2016)

First Three Months of
FY2016(As of June 30, 2016)

29,667
17,151
14,002
9,445
137
1,241
2,570
(12)
74,203

19,327
14,277
14,002
10,158
139
1,260
2,540
(17)
61,689276,109(189,289)
86,81910,430(8,215)2,214
10,466
1,996(1,034)962
329,758(23,423)6,334
106,801
1,763

276,394(191,253)
85,14010,408(8,302)
2,106
10,466
2,063(1,103)959
242
29,913(23,846)
6,066
104,983
1,870

24,678
6,665
5,384
50
2,995
39,774
148,339
222,542

25,240
6,665
5,610
77
2,962
40,557
147,411
209,101Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)(Millions of yen)

LIABILITIESCurrent liabilities
Accounts payable
Short-term loans payable
Income taxes payable
Accrued expenses
Deposit received
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-6-

FY2015(As of March 31, 2016)

First Three Months of
FY2016(As of June 30, 2016)

8,038
10,666
2,868
13,699
2,221
1,378
247
4,236
43,357

7,365
9,352
1,117
6,433
2,925
672
60
3,270
31,19730,122
21,162
761
4,829
458
3,457
60,790104,148

30,115
19,562
751
4,638
459
3,238
58,76689,963

17,48921,33779,929(3,244)
115,512

17,48921,33780,284(3,244)
115,867

4,906

4,291

(3,127)55(1,379)454
2,427
118,394
222,542(2,254)53(1,305)784
2,485
119,137
209,101Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)(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 revenues
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
Quarterly income before income taxes and non-controllinginterests
Income taxes – current
Quarterly income
Quarterly net income (loss) attributable to non-controllinginterests
Quarterly net income attributable to owners of the parent-7-

First Three Months of
FY2015(from April 1, 2015
to June 30, 2015)

First Three Months of
FY2016(from April 1, 2016
to June 30, 2016)

3,191
4,126
4,884
32,573
3,657
48,433

3,220
4,167
5,568
31,956
3,983
48,89624,122
2,410
26,532
21,90023,9392,568
26,50722,389

2,058
533
43
247
2,970
4,661
2,759
5,717
18,991
2,909

2,222
631
60
240
3,141
5,356
2,832
6,179
20,664
1,724

156
183
398
120
858

157
216
601
142
1,118

150
57
17
224
3,543

117
21
8
148
2,694

3,543

2,694

1,144
2,399

884
1,809

(31)

(6)

2,430

1,816

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

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-8-

First Three Months of
FY2015(from April 1, 2015
to June 30, 2015)
2,399

First Three Months of
FY2016(from April 1, 2016
to June 30, 2016)
1,809

634
(0)
50

(621)
(2)
70

31

881

716
3,116

328
2,138

3,138

2,147

(22)

(8)

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)(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 three months of FY2015 (from April 1, 2015 to June 30, 2015)
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(Notes)Adjustments

Food andBeverage

Quarterly
consolidated
financialstatements Note 2

Facilities
Management

Merchandise
Sales

11,822

32,577

4,033

48,433-48,433

461

169

594

1,224

(1,224)-

12,283
1,493

32,746
2,705

4,628
40

49,6584,238(1,224)(1,329)48,433
2,909

Total

Note 1

1. Adjustments to the segment income include ¥1,330 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 three months of FY2016 (from April 1, 2016 to June 30, 2016)
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(Notes)Adjustments

Food andBeverage

Quarterly
consolidated
financialstatements Note 2

Facilities
Management

Merchandise
Sales

12,36732,057

4,471

48,896-48,896

449

188

602

1,239

(1,239)-12,816
1,299

32,245
1,669

5,073
32

50,136
3,001(1,239)(1,277)48,896
1,724

Total

Note 1

1. Adjustments to the segment income include ¥1,280 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-9-