Securities Report – 82nd Fiscal Period (April 1, 2025 – March 31, 2026)

Japan Airport Terminal Co., Ltd. Securities Report – 82nd Fiscal Period (April 1, 2025 – March 31, 2026)

The company is a real estate-related enterprise listed on the Tokyo Stock Exchange, primarily engaged in the development, leasing, and management of commercial facilities and office spaces within airport terminals. In particular, it has extensive experience and expertise in operating facilities at Tokyo International Airport (Haneda Airport), providing comfortable spaces for domestic and international users.

The 82nd fiscal period covers the one-year period from April 1, 2025, to March 31, 2026. This report has been prepared in accordance with the Financial Instruments and Exchange Act as part of the company's information disclosure obligations to investors. It contains detailed information, including consolidated and individual financial statements, management policies, financial condition analysis, risk factors, executive compensation, and matters related to shares.

Regarding the current business environment, international travel demand continues to recover, and the number of airport facility users is expected to exceed the previous year. As a result, sales trends for commercial tenants are improving, and increases in advertising revenue and service fees are anticipated. On the other hand, there remain several risk factors, including fluctuations in energy prices, labor shortages, and uncertainty in inbound tourism demand.

Looking ahead, the company will continue to focus on upgrading existing facilities, enhancing customer experience (CX) through digital technologies, and advancing sustainability initiatives such as decarbonization and SDGs alignment. Additionally, strengthening disaster preparedness, business continuity planning (BCP), and barrier-free accessibility remain key priorities due to the public nature of airport facilities.

The company aims to enhance the value of airports as 'gateways' to contribute to regional economies and tourism promotion. In the medium to long term, it is also exploring the possibility of expanding its network, particularly within the Asian region. The company will continue to deliver value to all stakeholders, including shareholders and investors, tenants, users, employees, and local communities.