Japan Airport Terminal : April 1, 2022 to March 31, 2023 (FY22) Earnings Presentation Transcript (May 18, 2023)
May 19, 2023 at 05:00 am EDT
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Japan Airport Terminal Co., Ltd.
Financial Results Briefing for the Fiscal Year Ended March 2023
May 18, 2023
Event Summary
[Company Name]
Japan Airport Terminal Co., Ltd.
[Company ID]
9706-QCODE
[Event Language]
JPN
[Event Type]
Earnings Announcement
[Event Name]
Financial Results Briefing for the Fiscal Year Ended March 2023
[Fiscal Period]
FY2023 Annual
[Date]
May 18, 2023
[Number of Pages]
21
[Time]
15:00 - 15:28
(Total: 28 minutes, Presentation: 28 minutes)
[Venue]
Webcast
[Venue Size]
[Participants]
[Number of Speakers]
5
Isao Takashiro
Chairman and CEO
Nobuaki Yokota
President and COO
Masatoshi Akahori
Executive Vice President
Hiroshi Onishi
Executive Vice President
Kazuhito Tanaka
Senior Managing Director
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1
Presentation
Moderator: Now that the time has arrived, we will now begin the briefing on the full-year financial results for the fiscal year ended March 31, 2023, of Japan Airport Terminal Co., Ltd. Thank you all very much for taking time out of your busy schedules to attend today's meeting. First of all, this event is held at the venue and is also streamed live online. I would now like to introduce today's participants. Mr. Isao Takashiro, Chairman and CEO.
Takashiro: I'm Takashiro. Thank you very much for coming.
Moderator: Mr. Nobuaki Yokota, President and COO.
Yokota: I'm Yokota. Thank you very much for coming.
Moderator: Mr. Masatoshi Akahori, Executive Vice President.
Akahori: I'm Akahori. Thank you very much for coming.
Moderator: Mr. Hiroshi Onishi, Executive Vice President.
Onishi: I'm Onishi. Thank you very much for coming.
Moderator: Mr. Kazuhito Tanaka, Senior Managing Director.
Tanaka: I'm Tanaka. Thank you very much for coming.
Moderator: That is all those present. I will continue with a check of today's materials. Presentation materials have been distributed to the audience. If you are watching the live webcast, you can download the presentation materials from the web page you are viewing, under the tab Presenters/Materials. Please use the materials.
Next, I will explain the contents of today's presentation. President Yokota will first give a 30-minute presentation with the presentation material. We will then take your questions. The event is scheduled to finish at 4:00 PM.
Let us now begin the presentation. President Yokota, please start your presentation.
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Yokota: Hello, I am Yokota, President and COO. Thank you very much for your continued understanding and support of our business operations.
Today, in our briefing on the financial results for the fiscal year ended March 31, 2023, I would like to present a summary of our consolidated financial results for the previous fiscal year, our consolidated earnings forecast for the current fiscal year, the progress of our medium-term management plan, and our sustainability initiatives.
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See page two. First, let me explain the situation in the previous fiscal year.
As for the business environment, although COVID-19 spread twice in the summer and winter, society as a whole has gradually returned to normal, and since the fall, nationwide travel support has started, and immigration restrictions have been greatly eased.
On the other hand, prices of commodities have continued to rise due to soaring resource prices and the weak yen, and a labor shortage has become apparent in airport operations.
Passenger volume at Haneda Airport increased significantly from the previous year, and domestic flights recovered steadily. However, business demand was slow to recover, and because of this, the volume was slightly lower than the revised forecast.
Passenger volume on international flights exceeded the revised forecast by about 20%, due to an increase mainly in non-Chinese inbound passengers.
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Disclaimer
Japan Airport Terminal Co. Ltd. published this content on 18 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 May 2023 08:59:10 UTC.
Japan Airport Terminal Co., Ltd. is a Japan-based company principally involved in the management and operation of Haneda airport terminal building, as well as the distribution of merchandise and catering businesses. The Company operates in three business segments. The Facility Management and Operation segment is engaged in the management and operation of facilities within the Haneda airport terminal building. The segment is mainly engaged in the lease of facilities to airline companies. The Merchandise Sale segment is primarily engaged in the sale of commercial products to air travelers in Haneda Airport, Narita Airport, Kansai International Airport, as well as the wholesale of commercial products to airport terminal companies. The Catering segment is engaged in the provision of food and beverage products to passengers of Haneda Airport and Narita International Airport, as well as the manufacture and sale of in-flight food and frozen food.
JAPAN AIRPORT TERMINAL CO., LTD. 
