Airport Facilities Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	36,792	31,121	25,950	25,516	23,777
Revenue Growth (YoY)	18.22%	19.93%	1.70%	7.31%	-1.57%
Cost of Revenue	27,583	24,351	20,672	20,903	18,405
Gross Profit	9,209	6,770	5,278	4,613	5,372
Selling, General & Admin	2,151	1,992	1,810	1,882	1,840
Other Operating Expenses	218	196	173	125	162
Operating Expenses	2,488	2,300	2,095	2,109	2,091
Operating Income	6,721	4,470	3,183	2,504	3,281
Interest Expense	-307	-314	-284	-287	-309
Interest & Investment Income	485	405	253	76	45
Currency Exchange Gain (Loss)	-	-	-1	-	1
Other Non Operating Income (Expenses)	369	171	159	-21	74
EBT Excluding Unusual Items	7,268	4,732	3,310	2,272	3,092
Gain (Loss) on Sale of Investments	37	124	-	-3	456
Gain (Loss) on Sale of Assets	181	-105	-139	324	-130
Asset Writedown	-2,120	-1,257	-8	-756	-1,729
Other Unusual Items	-4	-	-	340	5
Pretax Income	5,362	3,494	3,163	2,177	1,694
Income Tax Expense	1,774	868	1,029	585	803
Earnings From Continuing Operations	3,588	2,626	2,134	1,592	891
Minority Interest in Earnings	-109	-49	-114	-28	-70
Net Income	3,479	2,577	2,020	1,564	821
Net Income to Common	3,479	2,577	2,020	1,564	821
Net Income Growth	35.00%	27.57%	29.16%	90.50%	-
Shares Outstanding (Basic)	50	50	50	50	50
Shares Outstanding (Diluted)	50	50	50	50	50
Shares Change (YoY)	-0.58%	0.18%	0.17%	0.05%	0.41%
EPS (Basic)	69.60	51.26	40.27	31.27	16.44
EPS (Diluted)	69.57	51.24	40.23	31.21	16.39
EPS Growth	35.77%	27.37%	28.90%	90.42%	-
Free Cash Flow	6,962	1,350	-1,385	-164	7,510
Free Cash Flow Per Share	139.22	26.84	-27.59	-3.27	149.91
Dividend Per Share	-	21.000	17.000	14.000	14.000
Dividend Growth	-	23.53%	21.43%	-	-
Gross Margin	25.03%	21.75%	20.34%	18.08%	22.59%
Operating Margin	18.27%	14.36%	12.27%	9.81%	13.80%
Profit Margin	9.46%	8.28%	7.78%	6.13%	3.45%
Free Cash Flow Margin	18.92%	4.34%	-5.34%	-0.64%	31.59%
EBITDA	11,183	9,214	8,002	7,326	7,416
EBITDA Margin	30.39%	29.61%	30.84%	28.71%	31.19%
D&A For EBITDA	4,462	4,744	4,819	4,822	4,135
EBIT	6,721	4,470	3,183	2,504	3,281
EBIT Margin	18.27%	14.36%	12.27%	9.81%	13.80%
Effective Tax Rate	33.09%	24.84%	32.53%	26.87%	47.40%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.