Financial Report for the First Quarter of the Fiscal Year Ending March 31, 2016 (FY2015) [J-GAAP](Consolidated)
August 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:
Code number:
Representative:
Contact:

Japan Airport Terminal Co., Ltd.
Listed stock exchange: Tokyo, 1st Section
9706
URL: http://www.tokyo-airport-bldg.co.jp/
Isao Takashiro, President
Yasuhide Yonemoto, Senior Managing Director
TEL 03-5757-8030
Scheduled date of filing securities report:
August 13, 2015
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 FY2015 (April 1, 2015 to June 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 Three
Months ofMillions of yen%

Millions of yen%

Millions of yen%

Millions of yen%

FY2015FY2014

48,43339,035

24.1
12.8

2,909
2,389

21.8
197.8

3,543
2,919

21.4
273.0

2,430
1,869

30.0
458.2

(Note) Comprehensive income:First Three
Months ofFirst three months of FY2015¥3,116 million (62.9%) First three months of FY2014

Net income per
share
Yen

Diluted net income
per share
Yen

29.93
23.01

29.54
-

FY2015FY2014¥1,912 million (70.3%)(2) Consolidated Financial Position
Total assets

Equity capital tototal assets

Net assets

Net assets per share

Millions of yen

Millions of yen%

Yen

As of June 30, 2015
As of March 31, 2015

210,998
218,229

114,639
112,53053.0
50.2

1,375.95
1,349.32(Reference) Equity capital:

As of June 30, 2015

¥111,767 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

-

12.00

21.00

12.00

-

12.00

24.00

(Note) Revisions to the most recently announced dividends forecast for FY2015: None

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)

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

91,800190,000

11.5
9.5

5,200
10,000

3.3
1.1

5,900
11,300

(4.7)
(4.6)

3,900
7,600

(1.0)
14.3

48.01
93.56

(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 4 of the appendix materials “2. Summery (Notes) Information (2) Adoption of Special
Accounting Methods for Preparation of Quarterly Consolidated Financial Statements”.
(3) Changes in accounting policies, accounting estimates, and restatement of revisions.
1) Changes in accounting policies due to revisions of accounting standards, etc.: Yes
2) Changes in accounting policies other than 1) above: None
3) Changes in accounting estimates: None
4) Restatement of revisions: None
(Note) For details, please refer to page 4 of the appendix materials “2. Summary (Notes) Information (3) Changes in Accounting
Policies, Accounting Estimates, and Restatement of Revisions”(4) Number of shares outstanding (common stock)1) Number of shares outstanding at the period-end (including treasury stock):
As of June 30, 2015
84,476,500 shares
As of March 31, 2015
2) Number of treasury stock at the period-end:
As of June 30, 2015
3,247,272 shares
As of March 31, 2015
3) Average number of shares outstanding (quarterly consolidated cumulative period):First quarter of FY2015
81,229,280 sharesFirst quarter of FY2014

84,476,500 shares
3,247,182 shares
81,229,798 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 FY2014 (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, 2016 (FY2015)

Contents of the Appendix Materials
1. QUALITATIVE INFORMATION ON CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST THREE MONTHS OF
FY2015 (APRIL 1, 2015 TO JUNE 30, 2015) ......................................................................................................................................................... - 2 (1) EXPLANATION OF OPERATING RESULTS ................................................................................................................... - 2 (2) EXPLANATION OF FINANCIAL POSITION ................................................................................................................... - 3 (3) EXPLANATION OF CONSOLIDATED FINANCIAL FORECASTS AND OTHER FORWARD-LOOKING STATEMENTS .................... - 3 2. SUMMARY (NOTES) INFORMATION ........................................................................................................................................................... - 4 (1) SIGNIFICANT CHANGES IN SUBSIDIARIES DURING THE PERIOD UNDER REVIEW ......................................................... - 4 (2) ADOPTION OF SPECIAL ACCOUNTING METHODS FOR PREPARATION OF QUARTERLY CONSOLIDATED FINANCIAL
STATEMENTS ...................................................................................................................................................... - 4 (3) CHANGES IN ACCOUNTING POLICIES, ACCOUNTING ESTIMATES, AND RESTATEMENT OF REVISIONS ............................ - 4 3. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS............................................................................................................... - 5 (1) QUARTERLY CONSOLIDATED BALANCE SHEETS ........................................................................................................ - 5 (2) QUARTERLY CONSOLIDATED STATEMENTS OF 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, 2016 (FY2015)

1. Qualitative Information on Consolidated Financial Results for the First Three Months of FY2015(April 1, 2015 to June 30, 2015)(1) Explanation of Operating Results
During the first three months of the fiscal year ending March 31, 2016, the Japanese economy experienced
a gradual trend of recovery, as an upturn in consumer spending was observed and corporate earnings showed
improvement. Looking ahead, declining oil prices and various government policies are expected to support
ongoing moderate economic recovery. Nevertheless, downside risks remain that could weaken the domestic
economy, such as an economic downturn in overseas markets.
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, including the construction of a new train line.
A review of passenger volume during the first quarter shows that passengers on domestic flights 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 Kansai International Airport due
to a growing number of inbound travelers from abroad.
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.
A renovation project began at the domestic passenger terminal in February 2015. Various renovations
have been underway to enhance customer convenience of the airport, including new escalators leading to aterrace (South and North) on the 3rd floor of Terminal 1 as well as improvements in signage aimed at better
meeting the needs of international customers.
We were able to take advantage of a continuously growing number of travelers visiting Japan from abroad,by improving average purchase prices at duty-free shops and increasing customers from China and Southeast
Asian countries. These efforts led to a significant revenue increase at a pace that surpassed the growth rate ofpassenger volume, which greatly contributed to financial results for the first quarter in the current fiscal year.
As a result, consolidated operating revenues for the cumulative fiscal first quarter (April 1, 2015 - June 30,2015) rose 24.1% compared with the same period of the previous year to ¥48,433 million. Operating income
rose to ¥2,909 million (up 21.8% year-on-year), ordinary income to ¥3,543 million (up 21.4% year-on-year)
and net income (attributable to owners of the parent) to ¥2,430 million (up 30.0% year-on-year).
We established a new company to develop duty-free business in the last fiscal year. The new company isproceeding with preparations to open new shops within this year that will cooperate with the airport.
May 2015 marked the 60th anniversary of Haneda Airport’s passenger terminal. Last year we had thehonor of earning 5-Star Airport status in the Global Airport Ranking conducted by Skytrax in the UK. Also,
Haneda’s domestic terminals were awarded first place in the World’s Best Domestic Airport category for thethird year in a row. 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 thatoffer 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 are committed to contributing to the advancement of
air transportation.
The following is a breakdown of earnings by segment. Note that the figures for operating income (loss)
are equivalent to those for segment income (loss).
[Facilities Management]
Rental revenue fell from the same period during the previous year due to revised rents for some officetenants at Haneda’s domestic passenger terminal.
Revenue from facility user charges decreased 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 ¥12,283 million (up3.4% year-on-year). Operating income for the segment was ¥1,493 million (down 9.9% year-on-year) due to-2-

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

an increase in maintenance and other costs.
[Merchandise Sales]
Sales at international terminal stores and other (wholesale) revenues rose significantly from the same
period during the previous year, because inbound visitors to Japan increased greatly due to the weakening of
the Yen and the easing of visa requirements for Southeast Asian countries.
Sales at international terminal stores increased significantly from the same period during the previous year
due to the improvement in average purchase prices and an increase in the sales of luxury brands as a result ofmarketing 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 ¥32,746 million (up 36.1%
year-on-year) and operating income rose to ¥2,705 million (up 43.2% year-on-year) driven by increased grossprofits 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 atinternational passenger terminals.
As a result, operating revenues from food and beverage operations increased by 10.2% year-on-year to¥4,628 million. Operating income for the segment turned into a profit of ¥40 million (compared to an
operating loss of ¥51 million in the same period during the previous year).
(2) Explanation of Financial Position[Assets]
Current assets decreased by ¥5,715 million from the previous fiscal year end to ¥63,765 million, primarily
due to a decrease in cash and deposits by ¥20,671 million, despite an increase in marketable securities by¥14,000 million and in merchandise and finished products by ¥601 million.
Fixed assets decreased ¥1,515 million from the previous fiscal year end to ¥147,232 million, primarily due
to a decline in tangible fixed assets by ¥2,344 million resulting from the progress of depreciation, despite theincrease of investment securities by ¥1,290 million.
As a result, total assets decreased by ¥7,231 million from the previous fiscal year end to ¥210,998 million.
[Liabilities]
Current liabilities decreased by ¥6,048 million from the previous fiscal year end to ¥31,981 million,
primarily because income taxes payable decreased by ¥2,093 million and other current liabilities decreased by¥3,327 million.
Fixed liabilities decreased by ¥3,292 million from the previous fiscal year end to ¥64,376 million,
primarily because long-term loans payable decreased by ¥2,914 million.
As a result, total liabilities decreased by ¥9,341 million from the previous fiscal year end to ¥96,358 million.
[Net assets]
Total net assets increased by ¥2,109 million to ¥114,639 million primarily because retained earnings
increased by ¥1,456 million and valuation difference on available-for-sale securities increased by ¥630
million.
As a result, equity ratio was 53.0% (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 quarter surpassed forecasts driven by robust revenue from duty free business due tosignificant growth of inbound travelers to Japan. However, business outlook remains uncertain because theprospect of an economic downswing overseas still poses a risk that could weaken Japan’s domestic economy.
At present, there have been no changes to the interim and full-year consolidated forecasts announced on
May 8, 2015.
-3-

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

2. Summary (Notes) Information(1) Significant Changes in Subsidiaries during the Period under Review
None(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(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 quarterly period ended June 30, 2014 and for the fiscal year ended March 31, 2015 havebeen 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.

-4-Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First 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-5-

FY2014(As of March 31, 2015)

First Three Months of
FY2015(As of June 30, 2015)

46,974
14,383
5,485
122
1,158
1,529
(174)
69,48026,302
14,436
14,000
6,086
100
1,169
1,739
(70)
63,765

272,828(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

272,982(183,523)
89,45910,375(8,586)
1,789
10,466
3,017(2,089)928
71
26,779(22,386)
4,393
107,108
1,315

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

24,285
6,663
4,977
220
2,661
38,808147,232
210,998

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First 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-6-

FY2014(As of March 31, 2015)

First Three Months of
FY2015(As of June 30, 2015)

7,238
11,402
3,233
1,165
196
14,79338,0297,063
11,702
1,140561
47
11,46631,98130,14828,328
655
4,409
456
3,672
67,669105,699

30,141
25,414
668
4,158
458
3,535
64,376
96,35817,48921,30973,252(3,242)
108,808

17,48921,30974,708(3,243)
110,264

4,405

5,035

(2,816)
56
(850)
795
2,926
112,530
218,229(2,791)
56
(798)
1,502
2,872
114,639
210,998

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First 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
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
FY2014(from April 1, 2014
to June 30, 2014)

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

3,295
4,182
4,202
23,8993,455
39,035

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

17,5792,182
19,761
19,27324,122
2,410
26,532
21,900

1,882
469
47
245
2,405
3,709
2,897
5,226
16,883
2,389

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

107
151
215
288
763

156
183
398
120
858

202
15
14
232
2,919

150
57
17
224
3,543

2,919

3,543

1,058
1,861

1,144
2,399

(7)

(31)

1,869

2,430

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First 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 (loss) attributable tonon-controlling interests-8-First Three Months of
FY2014(from April 1, 2014
to June 30, 2014)
1,861

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

381
(4)
62

634
(0)
50

(388)

31

51
1,912

716
3,116

1,917

3,138

(4)

(22)

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the First 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 three months of FY2014 (from April 1, 2014 to June 30, 2014)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Adjustments

Facilities
Management

MerchandiseSales

11,39823,8993,736

39,035-39,035Intersegment sales
and transfers

486

160

462

1,109

(1,109)-

Total
Segment income (loss)

11,884
1,657

24,059
1,889

4,199
(51)

40,144
3,495(1,109)(1,105)39,035
2,389

Operating revenues
Sales to externalcustomers(Notes)Food andBeverage

Quarterly
consolidated
financialstatements Note 2

Total

Note 1

1. Adjustments to the segment income (loss) include ¥1,107 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 (loss) 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 FY2015 (from April 1, 2015 to June 30, 2015)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

Adjustments

Facilities
Management

Merchandise
Sales

11,822

32,577

4,033

48,433-48,433

Intersegment sales
and transfers

461

169

594

1,224

(1,224)-

Total
Segment income (loss)

12,283
1,493

32,746
2,705

4,628
40

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

Operating revenues
Sales to externalcustomers(Notes)Food andBeverage

Quarterly
consolidated
financialstatements Note 2

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-9-