Japan Airport Terminal Co.,Ltd. (9706) Stock Price

Japan Airport Building Co., Ltd. primarily operates and manages passenger terminals at Haneda Airport. The company provides services to domestic and international airline passengers and operates facility management services. Additionally, it operates retail businesses at Narita, Kansai, and Chubu airports.

In facility management operations, the company works alongside Tokyo International Airport Terminal Co., Ltd. to lease facilities to airlines and other aviation-related companies and to maintain and operate these facilities. Furthermore, Japan Airport Techno Co., Ltd. and other subsidiaries handle maintenance and operations of passenger terminals, security, cleaning, passenger transportation, and ground handling services.

In retail operations, the company sells merchandise to airline passengers primarily at Haneda, Narita, and Kansai airports. Japan Airport Logitem manages product transportation and warehouse operations, supporting efficient logistics.

In food and beverage operations, the company provides dining services to users of Haneda and Narita airports. Cosmo Enterprise Co., Ltd. manufactures and sells in-flight meals for international airlines and also manufactures and sells frozen foods.

Japan Airport Terminal Co., Ltd. manages and operates Haneda Airport's passenger terminals based on the fundamental principle of balancing public interest with corporate profitability. The company prioritizes strategic investments to enhance safety, convenience, and comfort at its passenger terminals, with a focus on meeting customer needs.

Under its medium-term management plan, the company targets consolidated net profit of 200 billion yen or more by fiscal year 2025, while pursuing cost reduction and improved ROA. It also aims to restore the equity ratio to 40% or higher and maintain a dividend payout ratio of 30% or above, thereby strengthening profit returns to shareholders.

Placing sustainability at the core of its strategy, the company pursues the realization of a sustainable society by promoting airport infrastructure enhancement and decarbonization. Working toward the government's target of 6 million inbound visitors by 2030, the company is advancing initiatives to increase airport convenience and profitability.

The company promotes "Total Airport Management" to optimize airport operations overall, improving productivity through technology utilization and operational review. Additionally, it seeks to strengthen its revenue base independent of passenger traffic through expansion of e-commerce operations and development of new businesses.

The company invests in human capital and creates an environment where diverse talent can thrive, thereby enhancing corporate value. It also promotes digital transformation and builds the foundation for data-driven management.

Japan Airport Terminal Co., Ltd. contributes to value creation at Haneda Airport and the development of air transport while pursuing enhanced corporate value. In its next medium-term management plan, the company will materialize growth strategies and review shareholder return policies to pursue sustainable growth.