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Japan Airport Terminal, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 11%, Oct-Dec Ordinary Profit Increases by 33%
9706 Japan Airport Terminal Co.,Ltd. 【J-GAAP】
Earnings ReportJapan Airport Terminal Co.,Ltd. <9706> [TSE Prime] announced its financial results after the market closed on February 4th (16:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 11.4% from the same period last year, reaching 34.3 billion yen. Progress toward the full-year plan of 39.9 billion yen was 86.0%, almost the same as the same period of the previous year of 86.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 13.5% from the same period last year, reaching 5.58 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 33.2% from the same period last year, reaching 13.9 billion yen. The operating profit margin rose from 15.7% in the same period last year to 18.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 159,019 | 23,335 | 21,734 | 14,125 | 151.7 | 79.8 | Feb 7, 2024 | J-GAAP |
| Apr - Dec, 2024 | 201,553 | 32,030 | 30,801 | 18,757 | 201.8 | 86.2 | Feb 5, 2025 | J-GAAP |
| Apr - Dec, 2025 | 217,139 | 35,582 | 34,315 | 22,240 | 239.6 | 86.0 | Feb 4, 2026 | J-GAAP |
| YoY | +7.7% | +11.1% | +11.4% | +18.6% | +18.8% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 138,171 | 17,464 | 15,392 | 15,480 | 166.6 | 55 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 146,756 | 20,054 | 19,531 | 11,999 | 129.3 | 45 | Nov 7, 2025 | J-GAAP |
| YoY | +6.2% | +14.8% | +26.9% | -22.5% | -22.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 217,578 | 29,527 | 27,225 | 19,255 | 206.8 | 67 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 269,923 | 38,557 | 35,723 | 27,470 | 295.6 | 90 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 288,300 | 41,500 | 39,900 | 25,400 | 273.6 | 90 | Nov 7, 2025 | J-GAAP |
| YoY | +6.8% | +7.6% | +11.7% | -7.5% | -7.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 69,801 | 10,937 | 10,470 | 6,767 | 72.8 | 15.7 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 68,370 | 6,527 | 4,922 | 8,713 | 93.8 | 9.5 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 68,997 | 10,204 | 9,897 | 6,264 | 67.5 | 14.8 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 72,547 | 11,242 | 10,472 | 7,137 | 76.9 | 15.5 | Nov 7, 2025 | J-GAAP |
| Oct - Dec, 2025 | 75,595 | 14,136 | 13,946 | 8,839 | 95.2 | 18.7 | Feb 4, 2026 | J-GAAP |
| YoY | +8.3% | +29.2% | +33.2% | +30.6% | +30.8% |
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