Japan Airport Terminal Co., Ltd.

Japan Airport Terminal Co., Ltd.

JTTRY
Japan Airport Terminal Co., Ltd.US flagOther OTC
16.08
USD
- -
- -
2.99BMarket Cap
Japan Airport Terminal Co., Ltd.
JTTRY
(Other OTC)

Recent

price

16.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
838.31
799.67
838.02
905.55
1,067.98
1,256.52
1,261.56
1,390.85
1,684.25
1,537.36
320.44
306.3
606.89
1,168.11
1,452.34
1,561.28
630.44
Revenue per Share
5.82
-16.16
10
18.34
40.92
54.6
42.39
72.49
203.16
30.85
-222.96
-135.38
-20.94
103.38
147.8
156.97
59.17
Basic EPS, GAAP
7.25
42.21
46.9
66.43
95.79
48.33
34.22
-35.97
-121.49
-193.62
-232.28
-79.24
31.4
98.41
173.59
179.43
- -
Free Cash Flow per Basic Share
4.99
3.49
3.5
6.25
8
13.5
17
18.5
23.5
22
4.95
- -
- -
20.5
38.58
50.17
- -
Dividend per Share
525.58
502.51
506.97
519.08
558.55
599.65
625.04
679.05
858.7
867.56
756.96
531.31
510.37
593.27
703.8
811.45
636.63
Book Value per Share
626.71
600.3
605.79
615.03
683.95
717.9
760.96
826.47
995.67
1,003.83
965.68
652.92
585.92
723.68
902.42
1,082.63
784.48
Tangible Book Value per Share
161
162
162
162
162
162
162
162
162
162
164
186
186
186
186
186
186
Basic Weighted Avg Shares
134,776
129,388
136,146
147,114
173,502
204,132
204,951
225,952
273,617
249,753
52,570
57,055
113,048
217,577
269,921
289,821
117,431
Sales/Revenue/Turnover
3.11
0.68
3.07
4.21
5.89
5.54
4.64
5.94
8.23
4.1
-113.02
-72.14
-9.12
13.66
14.28
15.54
13.8
Operating Margin (%)
13,374
14,088
12,939
12,747
11,954
11,311
11,693
10,913
24,737
27,901
34,403
31,794
29,022
28,232
28,195
29,793
14,202
Depreciation Expense
935
-2,614
1,624
2,979
6,648
8,870
6,886
11,776
33,004
5,012
-36,578
-25,217
-3,901
19,255
27,470
29,139
11,021
Net Income, GAAP
64.8
- -
53.93
46.97
42.32
36.65
37.7
27.65
17.11
30.43
- -
- -
- -
3.85
- -
13.09
17.67
Effective Tax Rate (%)
0.69
-2.02
1.19
2.02
3.83
4.35
3.36
5.21
12.06
2.01
-69.58
-44.2
-3.45
8.85
10.18
10.05
9.39
Profit Margin (%)
12,056
9,775
2,515
616
31,451
30,846
31,959
34,300
55,923
49,921
84,314
77,021
65,863
50,162
61,880
70,477
58,217
Working Capital
56,951
53,110
46,274
40,946
59,131
52,045
44,073
58,784
187,912
229,418
232,907
241,036
228,127
201,197
192,037
180,047
190,411
LT Debt
102,562
99,433
100,632
101,866
112,529
118,392
125,436
136,154
201,389
201,898
195,544
156,008
140,952
166,037
198,345
229,884
176,873
Total Equity
0.88
- -
1.19
2.07
3.43
3.87
3.24
5.02
5.95
1.64
- -
- -
- -
7.28
- -
9.32
- -
Return on Invested Capital (%)
0.91
- -
1.41
2.44
4.67
5.86
4.39
7.01
11.49
1.48
- -
- -
- -
4.62
- -
6.66
4.09
Return on Capital (%)
1.11
-3.15
1.98
3.57
7.59
9.43
6.92
11.12
26.42
3.57
-27.59
-22.6
-4.02
18.73
22.77
20.71
10
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
26,615
- -
26,361
LT Borrowings
200,386
- -
189,705
LT Finance Leases
811
- -
706
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
- -
93
Market Capitalization
555,741
508,756
476,312

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
120,756
- -
128,447
Cash, Cash Equivalents & STI
85,395
- -
89,617
Accounts Receivable, Net
22,935
- -
22,794
Inventories
8,207
- -
10,380
Total Current Liabilities
70,594
- -
70,230
Payables & Accruals
- -
- -
- -
ST Debt
26,615
- -
26,361
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.28%
4.66%
15.9%
Free Cash Flow
17.57%
18.35%
3.24%
Net Income, GAAP
-134.62%
-132.09%
6.08%
Sales/Revenue/Turnover
17.46%
46.11%
7.37%
Total Cash Common Dividend
- -
- -
29.87%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
45,995
54,151
58,871
58,560
217,577
2025
- -
- -
- -
- -
269,921
2026
- -
- -
- -
- -
289,821

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18.97
- -
- -
- -
103.38
2025
- -
- -
- -
- -
147.8
2026
- -
- -
- -
- -
156.97

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
20.5
2025
- -
- -
- -
- -
38.58
2026
- -
- -
- -
- -
50.17
Business
Japan Airport Terminal Co., Ltd. (JAT) operates as a leading provider of airport facilities management and passenger services primarily at Tokyo's Haneda Airport; it constructs, manages, and maintains passenger terminals, rents real estate to airlines and concessionaires, operates parking lots, and delivers passenger services including travel insurance agency, hotel reservations, and hall/conference room rentals. The company runs merchandise sales through retail stores and wholesale operations in domestic and international terminals at Haneda, Narita International, Kansai International, and Central Japan International Airports; it also manages food and beverage outlets, manufactures and sells in-flight meals, and provides additional services such as duty-free sales, souvenir shops, ticket sales for travel/transport/events, and bonded art auctions. Founded in 1953 and headquartered at Terminal 1, 3-3-2 Haneda Airport, Ota-ku, Tokyo 144-0041, Japan, JAT conducts operations across major Japanese airports with subsidiaries including Tokyo International Air Terminal Corporation for international terminal management, Japan Airport Techno Co., Ltd. for equipment maintenance, Haneda Airport Enterprise Co., Ltd. for store operations, and overseas entities like Japan Airport Terminal Trading (Chengdu) Co., Ltd. Recent developments include the opening of terminal.0 HANEDA, a research and development hub for open innovation within HANEDA INNOVATION CITY on February 28, 2024, aimed at enhancing passenger experiences and solving airport challenges; issuance of unsecured straight bonds in August 2025 to raise 20 billion yen for funding; shelf registration for share acquisition rights announced on March 28, 2025; and contributions to ongoing Haneda Airport expansions, such as Terminal 1 and 2 integration projects targeting completion in the early 2030s alongside new runway developments at Narita Airport by 2029.

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