Japan Airport Terminal Co., Ltd. announced consolidated and unconsolidated earnings results for the year ended March 31, 2018. For the full year, the company reported operating revenue of JPY 225,953 million compared to JPY 204,953 million a year ago. Operating income was JPY 13,429 million compared to JPY 9,497 million a year ago. Ordinary income was JPY 16,696 million compared to JPY 12,843 million a year ago. Income before income taxes and non-controlling interests was JPY 16,523 million compared to JPY 11,230 million a year ago. Net income attributable to owners of the parent was JPY 11,776 million or JPY 138.37 per diluted share compared to JPY 6,886 million or JPY 80.84 per diluted share a year ago. Cash flow from operating activities was JPY 22,257 million as compared to JPY 15,620 million a year ago. Purchase of tangible fixed assets was JPY 27,410 million as compared to JPY 9,008 million a year ago. Return on equity was 9.2% compared to 5.8% a year ago. Net assets per share was JPY 1,641.82 compared to JPY 1,511.92 a year ago. Purchase of intangible fixed assets was JPY 691 million compared to JPY 1,052 million a year ago.

On non-consolidated basis, for the full year, the company reported operating revenue of JPY 176,160 million compared to JPY 160,541 million a year ago. Operating income was JPY 7,811 million compared to JPY 6,552 million a year ago. Ordinary income was JPY 8,769 million compared to JPY 7,832 million a year ago. Net income was JPY 6,233 million or JPY 73.14 per diluted share compared to JPY 3,156 million or JPY 36.94 per diluted share a year ago. Net assets per share was JPY 1,286.46 compared to JPY 1,237.22 a year ago.

The company provided consolidated earnings guidance for the first half ending September 30, 2018 and full year ending March 31, 2019. For the first half, the company expected operating revenues of JPY 131,200 million, operating income of JPY 11,000 million, ordinary income of JPY 9,900 million and net income attributable to owners of the parent of JPY 27,000 million or JPY 332.39 per share.

For the full year, the company expected operating revenues of JPY 266,000 million, operating income of JPY 20,500 million, ordinary income of JPY 18,100 million and net income attributable to owners of the parent of JPY 31,300 million or JPY 385.33 per share.

The company announced year end dividend for the full year ended March 31, 2018. For the period, the company announced dividend of JPY 24 per share compared to JPY 17 per share paid in the same period ago. The dividend will be payable on June 28, 2018.

The company provided dividend guidance for the second quarter and full year ending March 31, 2019. For the second quarter, the company expected dividend of JPY 21 per share compared to JPY 21 per share paid in the same period ago.

For the full year, the company expected year end dividend of JPY 21 per share compared to JPY 24 per share paid in the same period ago.