Revised forecast
Fiscal year ending March 2027 · Six months (cumulative) and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
For the next fiscal year, while there are risks of weak air travel demand due to China's travel advisories, worsening conditions in the Middle East and the resulting surge in fuel prices, passenger numbers at Haneda Airport are expected to increase gradually. The company expects higher depreciation expenses following the start of operations at the facility, higher operating expenses due to inflation, and lower revenue from temporary closures associated with a review of the in-town duty-free business and store renovations. It also expects a higher tax burden due to a decrease in the deferred tax assets recognized for tax loss carryforwards at certain subsidiaries.
Loss on valuation of investment securities: ¥32 million; impairment loss: ¥234 million; loss on sale of fixed assets: ¥87 million; loss on reduction of fixed asset acquisition costs: ¥503 million; other: ¥5 million; total extraordinary losses: ¥864 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → 296,700 Millions of yen |
| Operating profit | Not disclosed → 45,600 Millions of yen |
| Ordinary income | Not disclosed → 45,800 Millions of yen |
| Profit attributable to owners of the parent | Not disclosed → 24,200 Millions of yen |
| Net income per share | Not disclosed → 260.71 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months (cumulative) and full year |
| Previous-period results | Revenue: ¥289,823 million; operating income: ¥45,043 million; ordinary income: ¥43,704 million; net income attributable to owners of the parent: ¥29,139 million; net income per share: ¥313.95 |
| Reason for the revision | For the next fiscal year, while there are risks of weak air travel demand due to China's travel advisories, worsening conditions in the Middle East and the resulting surge in fuel prices, passenger numbers at Haneda Airport are expected to increase gradually. The company expects higher depreciation expenses following the start of operations at the facility, higher operating expenses due to inflation, and lower revenue from temporary closures associated with a review of the in-town duty-free business and store renovations. It also expects a higher tax burden due to a decrease in the deferred tax assets recognized for tax loss carryforwards at certain subsidiaries. |
| Details and amount of extraordinary loss | Loss on valuation of investment securities: ¥32 million; impairment loss: ¥234 million; loss on sale of fixed assets: ¥87 million; loss on reduction of fixed asset acquisition costs: ¥503 million; other: ¥5 million; total extraordinary losses: ¥864 million |
| Dividend forecast revision | The dividend forecast for the fiscal year ending March 2027 is ¥95 per share for the full year (¥48 interim, ¥47 year-end), with a payout ratio of 36.6%. Whether the dividend forecast was revised: Not disclosed. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.While there are risks of weak air travel demand due to China's travel advisories, worsening conditions in the Middle East and soaring fuel prices, passenger numbers at Haneda Airport are expected to increase gradually. The company expects higher depreciation expenses following the start of operations at the northern satellite facility of Terminal 1, higher operating expenses due to inflation, and lower revenue from temporary closures associated with a review of the in-town duty-free business and store renovations. It also expects a decrease in the deferred tax assets recognized for tax loss carryforwards at certain subsidiaries, resulting in a higher tax burden.