Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2017 (FY2016) [J-GAAP](Consolidated)
February 8, 2017
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:
February 14, 2017
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 Nine Months of FY2016 (April 1, 2016 to December 31, 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 Nine
Months ofMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2016FY2015

151,552
151,751

(0.1)
18.5

7,255
9,898

(26.7)
24.0

10,18011,876(14.3)
22.8

6,770
8,256

(18.0)
31.9(Note) Comprehensive income:First nine months of FY2016 ¥8,559 million (-7.6%) First nine months of FY2015 ¥9,261 million (27.0%)

Net income
per shareFirst Nine
Months of

Yen

Diluted net income
per shareYen

FY2016FY201583.35
101.64

79.53
97.03

(2) Consolidated Financial Position
Total assets

Net assets per share

Millions of yen

Millions of yen%

Yen

213,545
222,542

124,259
118,39457.0
52.1

1,497.82
1,427.66

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

Equity capital tototal assets

Net assets

As of December 31, 2016 ¥121,666 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
16.00

-

18.00

33.00

16.00

32.00

(Note) Revisions to the most recently announced dividends forecast for FY2016: No

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

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

202,900

(0.6)

8,800

(22.1)

11,400(16.5)

7,200(18.8)

88.64(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 5 of the appendix materials “2. Summery (Notes) Information (3) 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 December 31, 2016
84,476,500 shares
As of March 31, 2016
2) Number of treasury stock at the period-end:
As of December 31, 2016
3,247,531 shares
As of March 31, 2016
3) Average number of shares outstanding (quarterly consolidated cumulative period):
Third quarter of FY2016
81,229,036 shares
Third quarter of FY2015

84,476,500 shares
3,247,422 shares
81,229,189 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
Notes on the use of forward-looking statements
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 Nine Months of FY2016 (3) Explanation of Consolidated
Financial Forecasts and Other Forward-looking Statements”.

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third 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 NINE
MONTHS OF FY2016 (APRIL 1, 2016 TO DECEMBER 31, 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......................................................................................................................... - 5 (1) SIGNIFICANT CHANGES IN SUBSIDIARIES DURING THE PERIOD UNDER REVIEW ........................................................... - 5 (2) CHANGES IN SCOPE OF CONSOLIDATION AND APPLICATION OF EQUITY METHOD ......................................................... - 5 (3) ADOPTION OF SPECIAL ACCOUNTING METHODS FOR PREPARATION OF QUARTERLY CONSOLIDATED FINANCIAL
STATEMENTS........................................................................................................................................................... - 5 (4) CHANGES IN ACCOUNTING POLICIES, ACCOUNTING ESTIMATES, AND RESTATEMENT OF REVISIONS ............................ - 5 (5) ADDITIONAL INFORMATION.......................................................................................................................................... - 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 Third Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)

1. Qualitative Information on Consolidated Financial Results for the First Nine Months of FY2016(April 1, 2016 to December 31, 2016)(1) Explanation of Operating Results
During the first nine months of the fiscal year ending March 31, 2017, the Japanese economy
experienced a gradual trend of recovery, despite the fact that some sectors have seen slower pace ofimprovement. Looking ahead, continuing improvement in employment and income, coupled with various
government policies, is expected to support moderate economic recovery. Nevertheless, the uncertainty inoverseas economies and volatile capital markets poses a risk that could weaken the 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, the Japanese government
revised upward its target for annual inbound tourists to Japan in 2020 from its previous target of 20 million to
40 million in order to meet the new challenge of a tourism-oriented developed nation, and the annual numberof inbound tourists for 2016 exceeded 24 million.
A review of passenger volume during the first nine months of FY 2016 shows that passengers on
domestic flights at Haneda Airport and on international flights at Haneda Airport, Narita International Airport,
and Kansai International Airport rose year-on-year.
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 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 started the “Haneda Robotics Lab” project which introduces
the experimental use of robots at Haneda to evaluate their technology, with an aim to introduce Japanesetechnology and to provide superior services that offer safety, security, and convenience to airport users. Keeping
the future of the airport’s operation in mind, we will continue to strive to create new value and improve service
quality and convenience for our customers.
To expand and diversify our business domain leveraging our strengths, as part of our efforts to create a newmarket, we opened an airport-style in-city duty-free shop (Japan Duty Free GINZA) on the eighth floor of the
Mitsukoshi Ginza department store in January 2016, Air BIC CAMERA at Haneda’s international terminal in
April 2016 that offers electronics and other popular products among foreign tourists and the same shop at
Narita’s terminal 2 in November 2016. Although merchandise sales fell year-on-year as “buying spree”
phenomenon has dwindled, we will try to generate profit by taking advantage of opportunities created by
inbound tourists that are expected to grow in the mid- to the long-term.
As a result, consolidated operating revenues for the first nine months of FY 2016 (April 1, 2016 December 30, 2016) fell 0.1% compared with the same period of the previous year to ¥151,552 million.
Operating income decreased to ¥7,255 million (down 26.7% year-on-year), ordinary income to ¥10,180
million (down 14.3% year-on-year) and net income (attributable to owners of the parent) to ¥6,770 million(down 18.0% year-on-year).
Haneda Airport’s passenger 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 the Global Airport Ranking conducted by Skytrax in the UK. Furthermore, in September 2016, being
recognized as meeting the global best standard, we earned 5-Star Airport status for the third year in a row. 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 exceptionalcustomer 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.
-2-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)[Facilities Management]
Rental revenue rose from the same period of the previous year due to a decrease in vacant spaces atdomestic passenger terminals at Haneda Airport as a result of our proactive marketing efforts.
Revenue from facility user charges rose from the same period of the previous year because a growth indomestic passenger volume increased user charges revenue for domestic terminal facilities.
Other revenues rose from the same period of the previous year because revenue from outsourcing businessat Haneda’s international terminal and revenue from advertisement increased.
As a result, operating revenues from facilities management operations increased to ¥41,695 million (up5.4% year-on-year). Operating income for the segment was ¥5,046 million (up 0.3% year-on-year) due to anincrease in maintenance and other costs.
[Merchandise Sales]
Sales at domestic terminal stores slightly rose from the same period of the previous year primarily due toan increase in domestic passenger volume.
Sales at international terminal stores decreased from the same period of the previous year, since the“buying spree” phenomenon has faded and resulting pullback in sales was seen at Narita Airport and KansaiInternational Airport, which more than offset the addition of revenue from the opening of an airport-style
in-city duty-free shop and other shops.
Other revenues (wholesale) fell due to a decrease in the wholesaling of products to other airports, despite
an increase in the wholesaling of products to stores at Haneda’s international terminal which saw growinginternational passenger volume.
As a result, operating revenues from merchandise sales operations decreased to ¥97,629 million (down
3.3% year-on-year) and operating income decreased to ¥5,359 million (down 33.8% year-on-year), coupledwith increased marketing costs at in-city duty-free shop.
[Food and Beverage]
Sales from food and beverage operations increased from the same period during the previous year as aresult of growth in domestic passenger volume.
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 significantly 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 ¥16,136 million (up 7.3%
year-on-year) and operating income for the segment increased to ¥571 million (up 39.1% year-on-year),coupled with various cost savings.
(2) Explanation of Financial Position[Assets]
Current assets decreased by ¥7,404 million from the previous fiscal year end to ¥66,799 million, primarily
due to a decrease in marketable securities by ¥7,502 million and in cash and deposits by ¥1,024 million, despite
an increase in other current assets by ¥1,497 million.
Fixed assets decreased by ¥1,593 million from the previous fiscal year end to ¥146,746 million, primarily
due to a decline in tangible fixed assets by ¥3,740 million resulting from the progress of depreciation, despite theincrease of investment securities by ¥2,129 million.
As a result, total assets decreased by ¥8,997 million from the previous fiscal year end to ¥213,545 million.
[Liabilities]
Current liabilities decreased by ¥8,766 million from the previous fiscal year end to ¥34,590 million,
primarily because other current liabilities decreased by ¥7,385 million and income taxes payable decreased by¥1,354 million, despite an increase in accounts payable by ¥1,258 million.
Fixed liabilities decreased by ¥6,095 million from the previous fiscal year end to ¥54,695 million,
primarily because long-term loans payable decreased by ¥5,292 million.
As a result, total liabilities decreased by ¥14,861 million from the previous fiscal year end to ¥89,286
million.
[Net assets]
Total net assets increased by ¥5,864 million from the previous fiscal year end to ¥124,259 million
primarily because retained earnings increased by ¥4,008 million and deferred losses on hedges improved by¥1,376 million.
As a result, equity ratio was 57.0% (compared to 52.1% at the previous fiscal year end).
-3-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)(3) Explanation of Consolidated Financial Forecasts and Other Forward-looking Statements
During the first nine months of FY2016, operating revenue, operating income, ordinary income, net
income attributable to owners of the parent have all progressed roughly as planned, though “explosive buying”
phenomenon has dwindled and consequently merchandise sales fell compared to the same period of the previous
year, which was also generally anticipated.
The forecasts of full-year consolidated results have been left unchanged at this point from thoseannounced on October 26, 2016, taking various factors into consideration including positive elements such ascontinuing increase of inbound tourists and growth in domestic passenger volume as well as a risk factor thatan economic downswing overseas and uncertainty in the global situation could weaken the domestic economy.

-4-

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

2. Summary (Notes) Information(1) Significant Changes in Subsidiaries during the Period under Review
None(2) Changes in Scope of Consolidation and Application of Equity Method
1) Significant changes in scope of consolidation
Air BIC Inc. was newly established during the first quarter and included in the scope of consolidation.
2) Significant changes in scope of application of equity method
Narita Airport Techno Corporation was excluded from affiliated company under equity method because all of
our shares in the company have been sold.
(3) 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 third 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.
(4) Changes in Accounting Policies, Accounting Estimates, and Restatement of Revisions
None(5) 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).

-5-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third 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
Allowance for doubtful accounts
Total investments and other assets
Total fixed assets
TOTAL ASSETS-6-

FY2015(As of March 31, 2016)

First Nine Months of
FY2016(As of December 31,
2016)

29,667
17,151
14,002
9,445
137
1,241
2,570
(12)
74,20328,642
16,705
6,500
9,470
207
1,226
4,067
(20)
66,799276,109(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

277,484(195,197)
82,287
10,396(8,459)1,936
11,3382,021(1,202)818
1,001
30,209(24,529)
5,679
103,061
1,828

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

26,807
6,665
5,279
140
2,979
(16)
41,856
146,746
213,545

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

FY2015(As of March 31, 2016)

First Nine Months of
FY2016(As of December 31,
2016)

8,038
10,666
2,868
1,378
247
20,15743,357

9,297
10,134
1,514
706
166
12,772
34,59030,122
21,162
761
4,829
458
3,457
60,790104,148

30,103
15,870
608
4,406
463
3,244
54,69589,286

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

17,48921,337
83,938(3,243)
119,521

4,906

4,987

(3,127)55(1,379)454
2,427
118,394
222,542(1,751)52(1,143)
2,144
2,592
124,259
213,545

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third 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 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
Miscellaneous expenses
Total non-operating expenses
Ordinary income-8-First Nine Months of
FY2015(from April 1, 2015
to December 31, 2015)

First Nine Months of
FY2016(from April 1, 2015
to December 31, 2016)

9,677
13,522
16,220100,460
11,869151,751

9,803
13,72818,614
96,774
12,630151,552

74,913
7,671
82,584
69,16672,8997,961
80,86070,691

7,219
670
173
681
9,313
15,013
8,264
17,93259,268
9,898

7,764
647
166
747
9,273
17,458
8,633
18,74363,435
7,255

488
236
1,444
400
2,569

473
274
2,128
448
3,324

426
164
591
11,876327
72400
10,180Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2017 (FY2016)(Millions of yen)

Extraordinary gains
Gains on sales of investment securities
Total extraordinary gains
Extraordinary loss
Loss on valuation of other investments
Loss on sales of other investments
Total extraordinary loss
Quarterly income before income taxes and non-controllinginterests
Income taxes – current
Quarterly income
Quarterly net income (or loss) attributable tonon-controlling interests
Quarterly net income attributable to owners of the parent-9-First Nine Months of
FY2015(from April 1, 2015
to December 31, 2015)

First Nine Months of
FY2016(from April 1, 2016
to December 31, 2016)

-

277
277

4
4
8

4
4

11,86810,453

3,826
8,041

3,597
6,856

(214)

85

8,256

6,770

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

Quarterly Consolidated Statements of Comprehensive Income(Millions of yen)

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 non-controllinginterests- 10 -First Nine Months of
FY2015(from April 1, 2015
to December 31, 2015)
8,041

First Nine Months of
FY2016(from April 1, 2016
to December 31, 2016)
6,856

1,165
(0)
150

78
(3)
212

(95)

1,416

1,219
9,261

1,703
8,559

9,457

8,460

(195)

99

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third 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 nine months of FY2015 (from April 1, 2015 to December 31, 2015)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Quarterly
consolidated
financialstatements Note2

Facilities
Management

Merchandise
Sales

38,173

100,465

13,113

151,751-

151,751

Intersegment sales
and transfers

1,391

545

1,928

3,865

(3,865)-

Total
Segment income (loss)

39,564
5,030

101,010
8,093

15,041
410

155,617
13,534(3,865)(3,636)

151,751
9,898

Operating revenues
Sales to externalcustomers(Notes)Food andBeverage

Adjustments
Total

Note 1

1. Adjustments to the segment income include ¥3,640 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 nine months of FY2016 (from April 1, 2014 to December 31, 2016)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Quarterly
consolidated
financialstatements Note2

Facilities
Management

Merchandise
Sales

40,31397,023

14,215

151,552-

151,552

Intersegment sales
and transfers

1,382

605

1,921

3,909

(3,909)-

Total
Segment income (loss)

41,695
5,046

97,6295,359

16,136571

155,461
10,977(3,909)(3,721)

151,552
7,255

Operating revenues
Sales to externalcustomers(Notes)Food andBeverage

Adjustments
Total

Note 1

1. Adjustments to the segment income include ¥3,730 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 -