Note: 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.

Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023) [J-GAAP](Consolidated)
February 7, 2024
Japan Airport Terminal Co., Ltd. (“the Company”) Listed stock exchange: Tokyo, Prime Market
9706
URL: https://www.tokyo-airport-bldg.co.jp/company/en/
Nobuaki Yokota, President and COO
Isamu Jinguji, Senior Managing Executive Officer
TEL 03-5757-8409
Scheduled date of filing securities report:
February 9, 2024
Scheduled date of commencing dividend payment:－
Supplementary materials on financial results (yes/no)
No
Holding of quarterly investors’ meeting (yes/no)
No
Company name:
Code number:
Representative:
Contact:(Figures are rounded down to the nearest million yen.)

1. Consolidated Financial Results for the First Nine Months of FY2023 (April 1, 2023 to December 31, 2023)(1) Consolidated Business Results (Cumulative)
Operating revenues(%: Change from the same period of the previous year)

Operating income/(loss)

Net income/(loss)
attributable to owners of
the parent

Ordinary income/(loss)

First Nine
Months ofMillions ofyen%Millions of yen%

Millions of yen%

Millions of yen%

FY2023
FY2022

159,019
76,027

109.2
78.5

23,335(9,325)-

21,734(10,329)-

14,125(2,587)-(Note) Comprehensive income/(loss): First nine months of FY2023 ¥18,261 million (-%) First nine months of FY2022 ¥-11,724 million (-%)

First Nine
Months of

Net income/(loss) per
share
Yen

Diluted net income
per shareYen

151.66(27.79)-FY2023
FY2022(2) Consolidated Financial Position
Total assets

As of December 31, 2023
As of March 31, 2023
(Reference) Equity capital:

Equity capital tototal assets

Net assets

Net assets per share

Millions of yen

Millions of yen%

Yen

457,263446,955

155,391
140,95135.2
33.6

1,730.32
1,613.62

As of December 31, 2023 ¥161,155 million

As of March 31, 2023 ¥150,287 million

2. Dividends
Dividends per share
Q1-EndFY2022
FY2023
FY2023 (Forecast)

Q2-EndQ3-EndYear-End

Annual

Yen

Yen

Yen

Yen

Yen

-

0.00
25.00

-

16.00

16.00

25.00

50.00

(Note) 1. Revisions to the most recently announced dividends forecast for FY2023: No

3. Forecast of Consolidated Financial Results for FY 2023 (April 1, 2023 to March 31, 2024)(%: Change from the same period of the previous year)

Operating revenues
Millions ofyen%Operating income
Millions ofyen%

Net income
attributable to ownersof the parent

Ordinary income
Millions ofyen%Millions of yen

Net income
per share%

Yen

Full211,500
87.1
24,70022,80015,200year
Note:
1. Revisions to the most recently announced forecast of consolidated financial results for FY2023: No

163.20* Notes(1) Significant changes in subsidiaries during the period under review (changes in specified subsidiaries involving changes in scope of
consolidation): No
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 12 of the appendix materials “2. Quarterly Consolidated Financial Statements and Notes(3) Notes on Quarterly Consolidated Financial Statements: 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, 2023
93,145,400 shares
As of March 31, 2023
2) Number of treasury stock at the period-end:
As of December 31, 2023
9,288 shares
As of March 31, 2023
3) Average number of shares outstanding (quarterly consolidated cumulative period):
Third quarter of FY2023
93,136,225 shares
Third quarter of FY2022

93,145,400 shares
8,983 shares
93,136,607 shares* This quarterly financial report is not subject to the quarterly review by certified public accountants or auditing
firms.
* 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 6 of the appendix materials“1. Qualitative Information on Consolidated Financial Results for the First Nine Months of FY2023 (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, 2024 (FY2023)

Contents of the Appendix Materials
1. QUALITATIVE INFORMATION ON CONSOLIDATED FINANCIAL RESULTS FOR THE FIRST NINE
MONTHS OF FY2023 (APRIL 1, 2023 TO DECEMBER 31, 2023) ............................................................................... - 2 (1) EXPLANATION OF OPERATING RESULTS ..................................................................................................... - 2 (2) EXPLANATION OF FINANCIAL POSITION ..................................................................................................... - 6 (3) EXPLANATION OF CONSOLIDATED FINANCIAL FORECASTS AND OTHER FORWARD-LOOKING STATEMENTS - 6 2. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS AND NOTES ...................................................... - 7 (1) QUARTERLY CONSOLIDATED BALANCE SHEETS ......................................................................................... - 7 (2) QUARTERLY CONSOLIDATED STATEMENTS OF INCOME AND
QUARTERLY CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME............................................ - 9 Quarterly Consolidated Statements of Income ............................................................................................... - 9 Quarterly Consolidated Statements of Comprehensive Income ...................................................................... - 11 (3) NOTES ON QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS ........................................................... - 12 (NOTES ON THE PREMISE OF A GOING CONCERN) .................................................................................... - 12 (NOTES ON A SIGNIFICANT CHANGE IN SHAREHOLDERS’ EQUITY) ........................................................... - 12 (ADOPTION OF SPECIAL ACCOUNTING METHODS FOR PREPARATION OF QUARTERLY CONSOLIDATEDFINANCIAL STATEMENTS) ................................................................................................................... - 12 (ADDITIONAL INFORMATION).................................................................................................................... - 12 (SEGMENT INFORMATION) ........................................................................................................................ - 13 --1-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)

1. Qualitative Information on Consolidated Financial Results for the First Nine Months of FY2023(April 1, 2023 to December 31, 2023)(1) Explanation of Operating Results
During the first nine months of the fiscal year ending March 31, 2024, although some parts were in astandstill, the Japanese economy showed a gradual recovery. Looking ahead, it is expected that the gradual
recovery trend will continue, resulting from the effects of various policies, while situation around labor andincome improves. However, there is a risk that a downturn in overseas economies, such as the effects oftightening of monetary policy around the globe and concerns about the outlook for the Chinese economy, will
put downward pressure on the Japanese economy. Moreover, it is necessary to pay sufficient attention to theeffects of price increases, the situation surrounding the Middle East region, volatility in the financial and capital
markets in addition to the impact of the Noto Peninsula Earthquake of 2024 among other factors.
The airline industry continued to see a steady recovery in demand due to the full lifting of restrictions on
activities including the restrictions on entry and departure after the change in status of COVID-19 under the
Infectious Diseases Control Law. During the third quarter (October to December) of FY2023, the number ofpassengers at Haneda Airport increased by slightly less than 10% compared to the same period of FY2022 fordomestic flights and recovered to approximately 90% of the level of 2019 before the impact of COVID-19 hit,
while the number of passengers for international flights was more than 2 times that of the same period of
FY2022 and increased by slightly less than 10% compared to the level during the same period of 2019.
Under these circumstances, we are implementing various measures outlined in the new Medium-TermBusiness Plan that the JAT Group has put together to achieve the long-term vision, “To Be a World Best
Airport”.
In terms of facilities, we are working together with the Japanese Government and the airline companies inorder to respond to the rapidly recovering international passenger demand. Such efforts include significantly
extending the operating hours of the Terminal 2 international flight facilities, which have been put back into
service since July, for the winter timetable starting from the end of October. In addition, we have been
undertaking tasks including renovation and seismic retrofitting work in preparation for a major disaster, as wellas the replacement work of facilities including elevators and moving walkways. Moreover, we are steadily
pushing forward investment plans for the future including the construction of connection between the satellite
building on the north side of Terminal 2 and the main terminal building and the construction of the satellite
building on the north side of Terminal 1. In parallel, we are working toward the realization of a carbon-neutral
society by studying the conversion of airport vehicles to electric vehicles and how hydrogen fuel can be utilized.
In terms of sales, we have been actively holding events featuring local products from various regions ofJapan. To further contribute to regional revitalization, we opened “Haneda Sanchokukan” in Terminal 1 in
December, selling fresh primary and local products from across the country and have set up a promotionalbooth for regional cooperation and will continue to communicate the charms of each region. In addition, we
opened “JAPAN MASTERY COLLECTION” in the departure area of Terminal 3, which aims to become aluxury brand that contributes to regional revitalization. We will turn materials, technology, and sensibility ofeach region of Japan into a brand, and promote made-in-Japan products, including original products, fromHaneda to the rest of the world.
Outside of Haneda Airport, we opened “TASAKI” at Kansai International Airport Terminal 1 inconjunction with the opening of the new international flight area in December. At HANEDA INNOVATION
CITY, located adjacent to Haneda Airport, which held its grand opening in November, preparations areunderway for the opening of “terminal.0 HANEDA”, a research and development center that will solve issues
at the airport through collaboration across different industries. We will continue to work on creation of businessjointly with member companies and organizations.
In terms of organization and human resources, in addition to strengthening our recruiting efforts to securetalent, we are also working to improve the compensation and benefits of our employees to achieve highretention. In addition, through an industry-academia collaboration project with the University of Tokyo,
expansion of recruitment of people with disabilities, and internal branding project called “Plus One Promotion”
among other initiatives, we aim talents who “Think by oneself and take on challenges” to excel and aim tofoster a corporate culture in which diverse workforce promote each other’s growth.
With respect to our sustainability related initiatives, we are making company-wide efforts, including
promotion of the “Bottle to Bottle” initiative, horizontal recycling of plastic bottles collected at passenger
terminals, in cooperation with the Japan Soft Drink Association starting in October, to achieve the MediumTerm Sustainability Plan that we announced in May. In addition to the information disclosure based on therecommendations by the TCFD (Task Force on Climate-related Financial Disclosures), we worked to enhance
our communication efforts through the integrated report issued in November.
In December, we were awarded the world’s highest standard “5-star Airport” rating for the tenthconsecutive year in the “World Airport Star Rating” conducted by SKYTRAX of the United Kingdom. In
March, Haneda Airport was ranked third in the “World’s Best Airports”, a comprehensive evaluation of-2-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)

international airports, in the “WORLD AIRPORT AWARDS 2023”. Furthermore, we were awarded first placein the “World’s Cleanest Airports” (for the eighth consecutive year), “World’s Best Domestic Airports” (for theeleventh consecutive year), and “World’s Best PRM / Accessible Facilities” (for the fifth consecutive year).
(* PRM: Persons with Reduced Mobility which means the elderly, person with disability or injury.)
As a result of the above, with respect to the consolidated financial results for the first nine months of fiscal
year ending March 31, 2024, operating revenues was ¥159,019 million (an increase of 109.2% year-on-year) due
to the increase in operating revenues across all of the business segments in line with the recovery of passenger
volume. Operating expenses increased from the previous year due to increase in passenger volume and sales, but
the increase in sales was the driving force and as a result, operating income was ¥23,335 million (compared tooperating loss of ¥9,325 million during the same period of the previous year), ordinary income was ¥21,734
million (compared to ordinary loss of ¥10,329 million during the same period of the previous year), and quarterly
net income attributable to owners of the parent was ¥14,125 million (compared to quarterly net loss attributableto owners of the parent of ¥2,587 million during the same period of the previous year).
Millions of yen)

Operating Results

First Nine Months of FY2022(ended December 31, 2022)

First Nine Months of FY2023(ended December 31, 2023)

Year-on-Year(%)

76,02744,37525,821
5,829(9,325)(10,329)

159,019
67,73180,385
10,902
23,335
21,734

109.2
52.6
211.3
87.0
-

(2,587)

14,125-

Operating revenues[Facilities Management][Merchandise Sales][Food and Beverage]
Operating income/(loss)
Ordinary income/(loss)
Quarterly net income/(loss)
attributable to owners of the parent

An aircraft collision on a runway at Haneda Airport in January of this year caused numerous delays andcancellations of departing and arriving flights, and the JAT Group worked with the government and airlines toquickly respond to those affected by the accident and to customers who were forced to remain in the building.
Although the accident caused a temporary decline in passenger volume, the number of passengers has since
been on a recovery trend. We will continue to strive to improve convenience, comfort, and functionality while
establishing absolute safety at the passenger terminal, which is a social infrastructure, and to contribute to thecontinuous creation of value at Haneda Airport and the further growth of air transportation, thereby enhancing
our corporate value.

-3-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)

Overview by Segment
The following is a breakdown of earnings / (loss) by segment. Note that the figures for operating revenuesof each segment include intersegment sales and the figures for operating income / (loss) are equivalent to thosefor segment income / (loss).
[Facilities Management](Millions of yen)

Operating Results

First Nine Months of FY2022(ended December 31, 2022)

First Nine Months of FY2023(ended December 31, 2023)

Year-on-Year(%)

44,375
14,963
19,6129,800
1,697
46,073(3,200)67,731
14,93638,996
13,7982,290
70,022
14,890

52.6
(0.2)
98.8
40.8
35.0
52.0
-

Sales to external customers
Rent revenue
Facility user charges revenue
Other revenues
Intersegment sales and transfers
Total of Operating Revenues
Segment income/(loss)

Rent revenue decreased from the previous year primarily because the quarantine space we were renting to
the Japanese Government were returned as a result of termination of the border control measures, despite theincrease in rent income on a percentage basis.
Revenue from facility user charges increased from the previous year primarily due to the increase in thepassenger service facility charge (PSFC) driven by the recovery in passenger volume.
Other revenues increased from the previous year primarily due to the increase in paid lounge sales, parking
revenue and revenue from advertisement within terminal buildings.
On the expense side, the costs for terminal maintenance and management, such as outsourcing andcommission and repair costs have increased in line with the increase in passenger volume and price increases.
As a result, operating revenues from facilities management operations was ¥70,022 million (an increase of
52.0% year-on-year). Operating income for the segment was ¥14,890 million (compared to operating loss of¥3,200 million during the same period of the previous year).
[Merchandise Sales](Millions of yen)

Operating Results

First Nine Months of FY2022(ended December 31, 2022)

First Nine Months of FY2023(ended December 31, 2023)

Year-on-Year(%)

25,821
7,554

80,385
9,954

211.3
31.8

11,52450,337

336.8

6,743
654
26,475623

20,093
1,160
81,546
15,392

198.0
77.5
208.0
-

Sales to external customers
Sales at domestic terminal stores
Sales at international terminal
storesOther revenues
Intersegment sales and transfers
Total of Operating Revenues
Segment income

Sales at domestic terminal stores increased from the previous year because of the recovery in domestic
passenger volume.
Sales at international terminal stores increased from the previous year due to the increase in international
passenger volume at Haneda Airport, Narita Airport and other airports in addition to the rise in unit purchaseprices by clients at duty-free shops driven mainly by depreciation of Japanese yen.
Other revenues increased from the previous year because of the increase in revenue for the wholesaling
business serving the international flights at other airports.
As a result, operating revenues from merchandise sales operations was ¥81,546 million (an increase of
208.0% year-on-year) and operating income for the segment was ¥15,392 million (compared to operating lossof ¥623 million during the same period the previous year).

-4-Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)[Food and Beverage](Millions of yen)

Operating Results

First Nine Months of FY2022(ended December 31, 2022)

First Nine Months of FY2023(ended December 31, 2023)

Year-on-Year
(%)

5,829

10,902

87.0

3,992

5,478

37.2

1,479
357
697
6,527
(1,103)

4,514
909
553
11,455
(58)

205.1
154.2
(20.7)
75.5-

Sales to external customers
Sales from food and beverage
storesSales from in-flight meals
Other revenues
Intersegment sales and transfers
Total of Operating Revenues
Segment income/(loss)

Sales from food and beverage operations increased from the previous year primarily due to the recovery indomestic passenger volume.
Sales from in-flight meals increased from the previous year due to the recovery in passenger volume of theforeign carriers at Haneda Airport and Narita Airport.
As a result, operating revenues from food and beverage operations was ¥11,455 million (an increase of
75.5% year-on-year). However, due to the impact of curtailed operating hours of restaurants caused by theshortage of labor and the increase in food price and labor cost, among other factors, operating loss for thesegment was ¥58 million (compared to operating loss of ¥1,103 million during the same period of the previousyear).

-5-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(2) Explanation of Financial Position[Assets]
Current assets increased by ¥25,372 million from the previous fiscal year end to ¥140,360 million primarily
because of the increase in accounts receivable due to the increase in sale of merchandise driven by the recovery
in passenger volume. Fixed assets decreased by ¥15,063 million from the previous fiscal year end to ¥316,903
million primarily due to depreciation.
As a result, total assets increased by ¥10,308 million from the previous fiscal year end to ¥457,263 million.
[Liabilities]
Total liabilities decreased by ¥4,132 million from the previous fiscal year end to ¥301,872 million primarily
due to the scheduled payment of long-term loans payable despite increase in accounts payable driven by increase
in merchandise purchases.
[Net Assets]
Total net assets increased by ¥14,440 million from the previous fiscal year end to ¥155,391 million primarily
due to the increase in retained earnings and non-controlling interests.
As a result, the equity ratio was 35.2% (compared to 33.6% at the previous fiscal year end).
(3) Explanation of Consolidated Financial Forecasts and Other Forward-looking Statements
During the first nine months of the fiscal year ending March 31, 2024, the number of passengers at Haneda
Airport was generally in line with the forecast. For the consolidated financial results, primarily due to strong
sales at Haneda duty free store, operating revenues and income/loss exceeded the forecast.
For the full year, the impact of the Noto Peninsula Earthquake and the aircraft collision at the runway ofHaneda Airport that occurred in January of this year on our business performance is considered minor at thispoint, but there is a possibility that it will affect airline demand and aircraft operations in the short term. In
addition, the number of passengers traveling to China has been lower than expected, and there are also concerns
about risks such as the situation in Ukraine and the Middle East, and the future outlook is uncertain. Therefore,
we decided not to revise the consolidated financial forecasts for full year of the fiscal year ending March 31,
2024, which we announced October 25, 2023, and will closely monitor future trends.

-6-

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)

2. Quarterly Consolidated Financial Statements and Notes(1) Quarterly Consolidated Balance Sheets(Millions of yen)

ASSETS
Current assets
Cash and deposits
Accounts receivable
Securities
Merchandise and finished products
Raw materials and stored goods
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
Leasehold right
Other intangible fixed assets
Total intangible fixed assets
Investments and other assets
Investment securities
Deferred tax assets
Net defined benefit assets
Other investments
Total investments and other assets
Total fixed assets
TOTAL ASSETS-7-

FY2022(As of March 31, 2023)

First Nine Months of
FY2023(As of December 31,
2023)

63,741
15,331
26,500
4,283
323
4,865
(57)
114,988

73,56022,83028,000
8,594
380
7,031
(36)
140,360

562,619(343,917)
218,701
34,822(21,227)
13,595
12,876
3,574(2,049)1,525
8,996
70,653(60,234)
10,418266,114563,449(357,757)
205,691
34,926(22,737)
12,18912,9073,666(2,387)1,279
9,730
69,304(60,377)
8,926
250,725

29,671
2,139
31,81028,287
2,298
30,586

17,254
12,232
1,105
3,450
34,042331,967
446,955

18,715
12,123
1,164
3,588
35,592
316,903457,263

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(Millions of yen)

LIABILITIESCurrent liabilities
Accounts payable
Short-term loans payable
Accrued expenses
Income taxes payable
Allowance for employees’ bonuses
Allowance for directors’ bonuses
Other current liabilities
Total current liabilities
Fixed liabilities
Bonds
Long-term loans payable
Lease obligations
Deferred tax liabilities
Allowance for directors’ retirement benefits
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-sale securities
Deferred gains or 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-8-

FY2022(As of March 31, 2023)

First Nine Months of
FY2023(As of December 31,
2023)

7,172
15,70912,1502,192
1,627
10,27349,125

12,736
16,044
12,513
4,637
982
154
9,234
56,30355,139171,815
1,173
16,319
57
4,562
628
7,183
256,878
306,004

55,026
162,328938
15,435
27
4,758
634
6,419
245,568
301,872

38,12654,16056,942(10)
149,217

38,12654,16067,249(12)
159,522

1,695
(726)
122
(22)
1,069
(9,335)140,951446,955

2,162
(609)
173
(93)
1,632
(5,763)
155,391
457,263

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(2) Quarterly Consolidated Statements of Income and Quarterly Consolidated Statements of Comprehensive Income
Quarterly 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
Expenses for retirement benefits
Provision for directors’ bonuses
Rent expenses
Outsourcing and commission
Depreciation expenses
Other costs and expenses
Total selling, general and administrative expenses
Operating income / (loss)
Non-operating income
Interest income
Dividends income
Equity in earnings of affiliates
Fee and commission income
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 / (loss)-9-First Nine Months of
FY2022(from April 1, 2022
to December 31, 2022)

First Nine Months of
FY2023(from April 1, 2023
to December 31, 2023)

14,946
19,613
10,01525,673
5,778
76,027

14,91938,99814,32280,141
10,637
159,019

14,366
3,551
17,918
58,10946,752
5,945
52,698106,321

8,144
589
619
6,242
9,782
21,667
20,38767,434(9,325)

9,530
1,074
539
155
8,476
17,09920,99925,111
82,98623,335

16
62
41
184
1,236
1,540

48
162
121
211
498
1,042

2,287
151
106
2,545
(10,329)

2,232
316
94
2,644
21,734

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(Millions of yen)

Extraordinary gains
Gain on sales of investment securities
Government subsidies
Total extraordinary gains
Extraordinary loss
Loss on reduction entry of fixed assets
Total extraordinary loss
Quarterly income / (loss) before income taxes and noncontrolling interests
Income taxes – current
Quarterly income / (loss)
Quarterly net income / (loss) attributable to non-controllinginterests
Quarterly net income / (loss) attributable to owners of theparent- 10 -First Nine Months of
FY2022(from April 1, 2022
to December 31, 2022)

First Nine Months of
FY2023(from April 1, 2023
to December 31, 2023)

9
58
68

118
118

36
36

104
104

(10,298)

21,747

1,771(12,069)

4,253
17,494(9,481)

3,368(2,587)

14,125

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)

Quarterly Consolidated Statements of Comprehensive Income(Millions of yen)

Quarterly income / (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Deferred gains (losses) on hedges
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- 11 -First Nine Months of
FY2022(from April 1, 2022
to December 31, 2022)(12,069)First Nine Months of
FY2023(from April 1, 2023
to December 31, 2023)
17,494

(730)
953
97
25

476
285
50
(42)

(1)

(2)

345
(11,724)767
18,261(2,819)14,688(8,905)3,572

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(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(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 tax effect accounting is reasonably estimated, and that estimated rate is applied to quarterly
income before taxes to calculate estimated tax expenses. However, in cases where the use of such an estimatedeffective tax rate would result in a significant lack of rationality, the statutory effective tax rate is applied.
(Additional Information)
Accounting estimates with respect to the impact of the spread of COVID-19
There have been no material changes made to the assumptions, including the timing when the spread of
COVID-19 will be contained, described in the “Significant Accounting Estimates” section of the Securities Reportfor the fiscal year ended March 31, 2023.

- 12 -

Japan Airport Terminal Co., Ltd. (9706) Financial Report for the Third Quarter of the Fiscal Year Ending March 31, 2024 (FY2023)(Segment Information)
Segment Information
I.

First nine months of FY2022 (from April 1, 2022 to December 31, 2022)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

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

Food andBeverage

Quarterly
consolidated
financialstatements Note 2

Facilities
Management

Merchandise
Sales

44,37525,821

5,829

76,027-76,027

1,697

654

697

3,048

(3,048)-46,073(3,200)26,475623

6,527(1,103)79,076(3,680)(3,048)(5,644)76,027(9,325)

Total

Note 1

1. Adjustments to the segment income include ¥5,656 million of administration expenses for administration divisions at parent company’shead office and some of the subsidiaries 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 FY2023 (from April 1, 2023 to December 31, 2023)
1. Sales and income (loss) by reportable segment(Millions of yen)

Reportable segments

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

Food andBeverage

Quarterly
consolidated
financialstatements Note 2

Facilities
Management

Merchandise
Sales

67,73180,385

10,902

159,019-

159,019

2,290

1,160

553

4,004

(4,004)-70,022
14,89081,546
15,392

11,455(58)

163,024
30,224(4,004)(6,889)159,019
23,335

Total

Note 1

1. Adjustments to the segment income include ¥6,908 million of administration expenses for administration divisions at parent company’shead office and some of the subsidiaries 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- 13 -