Second Quarter of FY21

Earnings Presentation Material

(November 12, 2021)

  • This document has been translated from the Japanese original, for reference purposes only. If there is any discrepancy between this translated document and the Japanese original, the original shall prevail.

Japan Airport Terminal Co., Ltd.

https://www.tokyo-airport-bldg.co.jp/

Contents

Second Quarter of FY21

Earnings Presentation Material

1. Review of Consolidated Financial Results for FY21 2Q

(1)

Business Environment

P

(2)

Consolidated Financial Results

P

2. Consolidated Financial Forecast for FY21

(1) Business Environment

P

Outlook for the recovery of Haneda Airport

P

passenger numbers

Prospects for recovery in domestic flight demand

P

(2)

Consolidated Financial Forecast for FY21

P

(3)

Consolidated Financial Forecast for FY21

P

(Amount affected due to consolidation of TIAT)

(4) Quarterly Changes in Operating Income and EBITDA

P

(5)

Status of Funds

P 10

(6)

Status of Selling, General and Administrative Expenses

P 11

3. Operation of the Business under the "New Normal"

(1)

Main Initiatives

P 12

(2)

Cooperation for the Tokyo 2020 Olympic

P 13

and Paralympic Games

(3)

Initiatives to diversify earnings

P 14

(4)

Development of Terminals

P 15

4. Sustainability Initiatives

(1) Initiatives for SDGs

P 16

(2)

Initiatives to Reduce CO2

P 17

(3)

Situation Surrounding Haneda Airport

P 18

Contents

Supplementary Material

1. Details of Consolidated Financial Results for FY21 2Q

(1)

Changes in Passenger Volume

P 20

(Haneda, Narita, Kansai and Chubu Centrair)

(2)

Consolidated Financial Results for FY21 2Q

P 21

(3) Financial Results by Segment

P 22

(i) Facilities management

(ii) Merchandise sales

P 23

(iii) Food and beverage

P 24

(4)

Breakdown of Selling, General and

P 25

Administrative Expenses

(5)

Changes in Non-Operating Income/Expenses

P 26

and Extraordinary Income/Loss

(6) Consolidated Balance Sheets

P 27

(7)

Consolidated Statements of Cash Flows

P 28

(8)

Capital Expenditure and Depreciation Expenses

P 29

2. Details of Consolidated Financial Forecast for FY21

(1)

Consolidated Financial Forecast for FY21

P 30

(2)

Forecast of Operating Revenues by Segment

P 31

(3) Financial Forecast by Segment

(i) Facilities management

P 32

(ii) Merchandise sales

P 33

(iii) Food and beverage

P 34

3. Other Information

Reference Material

1. Outline of Japan Airport Terminal Group

(1)

The company's position at Haneda Airport

P 38

(comparison with other major airports in Japan)

(2)

Business Details

P 39

(3)

Basic Philosophy and Management Policy

P 40

(4)

ESG Initiatives

P 41

(5)

Company History

P 42

(6)

Group Companies

P 43

(7)

Revenue Composition/Details by Segment,

P 44

Composition of sales

(8)

Changes in Capital Investment

P 45

(9)

Summary of Tokyo International Air

P 46

Terminal Corporation

2. Summary of Tokyo International Airport (Haneda)

(1)

Location Map

P 47

(2) Comparison of Passenger Volume

P 48

(3)

Domestic Destinations and Flights

P 49

(4)

International Destinations and Flights

P 50

(5)

International Rating of the Haneda Airport

P 51

Passenger Terminal

(1) Capital Expenditure and Depreciation Expenses

P 35

(2) Changes in Operating Revenues/Ordinary

P 36

Income/Cash Flows

Earnings Presentation Material Second Quarter of FY21 (FY21 2Q)

. Review of Consolidated Financial Results for FY21 2Q

. Consolidated Financial Forecast for FY21

. Operation of the Business under the "New Normal"

. Sustainability Initiatives

. Review of Consolidated Financial Results for FY21 2Q

(1) Business Environment

Business

Environment

Number of Passengers

  • The declaration of state of emergency and other restrictions were issued for most of the first half of the year, and as such people refrained from travelling, especially in Tokyo and surrounding areas.
  • Globally, travel restrictions were imposed in many countries due to the spread of the Delta variant, which led to a significant impact on the airline industry.
  • In response to the spread of the infection, the 2020 Tokyo Olympic and Paralympic Games were held without spectators.
  • A gradual recovery was seen among domestic flights, but the recovery slowed down after the second half of August.
  • International flights increased year on year, but demand remained sluggish due to immigration restrictions.
  • The Olympic and Paralympic Games increased passenger numbers, but the impact was limited.

Fiscal year first-half passenger volumes

FY21

FY20

Rate of change

Initial forecast

Change from the

FY19

Rate of change

Airport

initial forecast

(10 thousands)

(10 thousands)

(%)

(10 thousands)

(%)

(10 thousands)

(%)

Haneda - Domestic

1,083

719

50.5

1,985

-45.4

3,469

-68.8

Haneda - International

39

16

137.6

184

-78.7

934

-95.8

Total Haneda

1,122

736

52.4

2,170

-48.3

4,403

-74.5

Narita

93

51

81.3

257

-63.8

1,862

-95.0

Kansai

11

6

76.8

142

-92.2

1,276

-99.1

Chubu Centrair

1

0

396.0

38

-95.3

352

-99.5

Note: Haneda Airport passenger volume is based on aggregate statistics of airport usage within the jurisdiction of East Japan Civil Aviation Bureau, available on the website of the East Japan Civil Aviation Bureau of the Ministry of Land, Infrastructure, Transport and Tourism.

Japan Airport Terminal Co., Ltd.

02

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Japan Airport Terminal Co. Ltd. published this content on 12 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2021 07:39:03 UTC.