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Japan Airport Terminal, 8% Increase in Ordinary Profit, Update Record High for Third Consecutive Term, Increased Previous Year's Dividend by 20 yen, Plan to Continue the 90 yen Policy This Fiscal Year as Well

Fri May 9, 2025 4:30 pm JST Earnings

9706 Japan Airport Terminal Co.,Ltd. 【J-GAAP】

Earnings Report

Japan Airport Terminal Co.,Ltd. <9706> [TSE Prime] announced its financial results after the market closed on May 9th (16:30). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 31.2% from the previous period to 35.7 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 7.8% to 38.5 billion yen, marking the third consecutive term of record-high profits. This will be the fifth consecutive term of revenue growth.

At the same time, the company increased the annual dividend for the previous term from 70 yen to 90 yen (compared to 67 yen in the prior term), and has decided to continue with a dividend of 90 yen for the current term as well.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit decreased to 4.92 billion yen, a 10.4% decrease compared to the same period last year. The operating profit margin decreased from 10.6% in the same period last year to 9.5%.

Kabutan News

Actual Performance and Financial Trends

Historical Performance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj. Dividend Announce Accounting
Standards
Mar, 2023
113,050M -10,579M -12,064M -3,901M -41.9 16 May 11, 2023 J-GAAP
Mar, 2024
217,578M 29,527M 27,225M 19,255M 206.8 67 May 10, 2024 J-GAAP
Mar, 2025
269,923M 38,557M 35,723M 27,470M 295.6 90 May 9, 2025 J-GAAP
YoY +24.1% +30.6% +31.2% +42.7% +43.0%
Full Year Results vs. Previous Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2025 Guidance 269,900M 38,500M 35,700M 27,500M 295.9 70 Apr 24, 2025 J-GAAP
Mar, 2025 Results 269,923M 38,557M 35,723M 27,470M 295.6 90 May 9, 2025 J-GAAP
Revision Rate +0.0% +0.1% +0.1% -0.1% -0.1%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Apr - Sep, 2024
131,752M 21,093M 20,331M 11,990M 128.9 35 Nov 8, 2024 J-GAAP
Guidance
Apr - Sep, 2025
148,600M 20,400M 19,400M 12,600M 135.8 45 May 9, 2025 J-GAAP
YoY +12.8% -3.3% -4.6% +5.1% +5.4%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar, 2024
217,578M 29,527M 27,225M 19,255M 206.8 67 May 10, 2024 J-GAAP
Mar, 2025
269,923M 38,557M 35,723M 27,470M 295.6 90 May 9, 2025 J-GAAP
Guidance
Mar, 2026
300,000M 40,500M 38,500M 24,500M 263.9 90 May 9, 2025 J-GAAP
YoY +11.1% +5.0% +7.8% -10.8% -10.7%

Quarterly Results

Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Operating
Profit Margin
Announce Accounting
Standards
Jan - Mar, 2024
58,559M 6,192M 5,491M 5,130M 55.1 10.6 May 10, 2024 J-GAAP
Apr - Jun, 2024
65,337M 10,926M 10,712M 6,131M 65.8 16.7 Aug 7, 2024 J-GAAP
Jul - Sep, 2024
66,415M 10,167M 9,619M 5,859M 63.0 15.3 Nov 8, 2024 J-GAAP
Oct - Dec, 2024
69,801M 10,937M 10,470M 6,767M 72.8 15.7 Feb 5, 2025 J-GAAP
Jan - Mar, 2025
68,370M 6,527M 4,922M 8,713M 93.8 9.5 May 9, 2025 J-GAAP
YoY +16.8% +5.4% -10.4% +69.8% +70.2%