Japan Airport Terminal Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Interim Dividend Payable on December 5, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2018
November 07, 2017
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Japan Airport Terminal Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported operating revenues of ¥108,066 million against ¥99,840 million a year ago. Operating income was ¥6,748 million against ¥4,464 million a year ago. Ordinary income was ¥8,748 million against ¥6,237 million a year ago. Net income attributable to owners of the parent was ¥6,193 million or ¥72.78 per diluted share against ¥4,296 million or ¥50.46 per diluted share a year ago. Quarterly income before income taxes and non-controlling interests was ¥8,736 million against ¥6,236 million a year ago.
For the second quarter of fiscal year ending March 31, 2018, the company announced interim dividend of ¥20.00 per share against ¥16.00 per share a year ago. The dividend will be payable on December 5, 2017.
For the year ending March 31, 2018, the company expects to pay year end dividend of ¥20.00 against ¥17.00 per share a year ago.
The company revised its earnings guidance for the year ending March 31, 2018. For the year, the company now expects operating revenues of ¥219,000 million, operating income of ¥11,700 million, ordinary income of ¥14,600 million, net income attributable to owners of the parent of ¥10,300 million or ¥126.80 per share against its previous forecast which expected to report operating revenues of ¥208,600 million, operating income of ¥10,500 million, ordinary income of ¥12,800 million, net income attributable to owners of the parent of ¥8,900 million or ¥109.57 per share.
Japan Airport Terminal Co., Ltd. is a Japan-based company principally involved in the management and operation of Haneda airport terminal building, as well as the distribution of merchandise and catering businesses. The Company operates in three business segments. The Facility Management and Operation segment is engaged in the management and operation of facilities within the Haneda airport terminal building. The segment is mainly engaged in the lease of facilities to airline companies. The Merchandise Sale segment is primarily engaged in the sale of commercial products to air travelers in Haneda Airport, Narita Airport, Kansai International Airport, as well as the wholesale of commercial products to airport terminal companies. The Catering segment is engaged in the provision of food and beverage products to passengers of Haneda Airport and Narita International Airport, as well as the manufacture and sale of in-flight food and frozen food.
Japan Airport Terminal Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Announces Interim Dividend Payable on December 5, 2017; Provides Dividend Guidance for the Year Ending March 31, 2018; Revises Earnings Guidance for the Year Ending March 31, 2018