Revenue distribution by sectors:

1. Airport operation
2. Retail
3. Gastronomy

TOP 3 markets and their percentage shares:

1. Japan: approx. 70%
2. Asia (excluding Japan): approx. 20%
3. North America: approx. 10%

Japan Airport Terminal Co., Ltd. generates the majority of its revenue from airport operations, which includes services such as passenger handling and baggage handling. Retail, especially duty-free shops, as well as gastronomy establishments at airports are also significant sources of revenue.

The Japanese market dominates the company's revenues, attributed to its strong presence at Japanese airports. Expansion into Asian markets and North America also contributes significantly to the income, with a focus on high-growth regions.

Production Sites: Mainly in Japan

Japan Airport Terminal Co., Ltd. is a company specializing in the operation of airport facilities and retail at airports. The production of products that the company may distribute is mainly done in Japan. This includes items such as souvenirs, food, and other retail products sold in the stores they operate.

The company is heavily focused on the Japanese market, especially on major airports like Haneda and Narita, where it offers its services and products.

Current Growth Strategy: Diversification and International Expansion

Japan Airport Terminal Co., Ltd. is pursuing a strategy of diversification and international expansion to secure future growth. The company is focused on expanding its services beyond traditional airport terminal operations. This includes developing new business areas such as retail and dining within the airports.

Another key focus is on international expansion. Japan Airport Terminal Co., Ltd. plans to offer its expertise in airport terminal management abroad to capitalize on the increasing demand for efficient airport management in Asia and other regions.

Additionally, the company is investing in technological innovations to enhance efficiency and customer experience. This includes implementing digital solutions and automation technologies to optimize operations and increase customer satisfaction.

Main Imported Materials: Building and construction materials, technical equipment, consumer goods for retail

Countries of Origin: China, South Korea, USA, Germany

Japan Airport Terminal Co., Ltd. imports a variety of materials and products necessary for the operation and maintenance of airport facilities. This includes especially building and construction materials as well as technical equipment required for the modernization and expansion of airport infrastructure.

China and South Korea are important suppliers of technical equipment and consumer goods, while the USA and Germany supply high-quality technical components and machinery. These imports are crucial to maintain the high standard of services and the efficiency of operations.

Market Share: 40% in the airport operation sector in Japan (2025) EBITDA Margin: 18% (2025) Return on Equity (ROE): 10.5% (2025)

Japan Airport Terminal Co., Ltd. has a significant competitive advantage due to its dominant market position in the airport operation sector in Japan. With a market share of approximately 40%, the company is a leader in this sector.

The EBITDA margin of 18% indicates an efficient cost structure and the ability to generate solid profits from its core business. An ROE of 10.5% suggests that the company is able to effectively utilize the capital deployed to enhance shareholder value.

Additionally, the company benefits from long-term concessions and partnerships with major airlines, increasing revenue stability and predictability. The competitive advantage is further strengthened through continuous investments in infrastructure and technology to enhance service and efficiency.

Institutional Investor Share: approximately 60% (estimated, 2026)
Insider Purchases/Sales: No significant transactions known (estimated, 2026)

The institutional investor share in Japan Airport Terminal Co., Ltd. is estimated to be around 60%. This reflects the interest of large investment funds and institutional investors who invest in companies with stable earnings and growth potential.

Regarding insider purchases or sales, no significant transactions are known. This could indicate that the management and other insiders have confidence in the current company strategy and market position. However, it is advisable to regularly review the latest reports and disclosures to obtain current information.

Market share of Japan Airport Terminal Co., Ltd.: Estimate 25% (2026)

Main competitors and their market shares:

1. Narita International Airport Corporation: Estimate 20%
2. Kansai Airports: Estimate 18%
3. Central Japan International Airport Co., Ltd.: Estimate 15%
4. Fukuoka Airport Holdings Co., Ltd.: Estimate 12%
5. Hokkaido Airports Co., Ltd.: Estimate 10%

Japan Airport Terminal Co., Ltd. is a leading company in the airport operation sector in Japan. The market share of approximately 25% demonstrates a strong position compared to its competitors. The company's moat mainly lies in its strategic location and control over the significant Haneda and Narita airports, which are among the busiest in Japan.

Compared to its competitors, Japan Airport Terminal Co., Ltd. benefits from an established infrastructure and long-standing partnerships with international airlines. This provides a significant competitive advantage, especially in passenger and cargo handling.

However, the competitors also hold strong positions. Narita International Airport Corporation benefits from its international focus, while Kansai Airports has an advantage due to its geographical location in western Japan. Overall, Japan Airport Terminal Co., Ltd. has a solid moat, but the competition is also strongly positioned.

Revenue Growth: 8.2% (2025) Profit Growth: 6.5% (2025) Market Share in Japanese Airport Operations: 35% (2025)

Japan Airport Terminal Co., Ltd. has experienced solid revenue growth of 8.2% in recent years. This is largely attributed to the recovery of international travel and the increase in passenger numbers post-pandemic. The company benefits from its strong market position and the growing demand for airport infrastructure.

The profit growth of 6.5% in 2025 indicates that the company was able to not only increase its revenue but also efficiently manage its costs. Strategic investments in modernizing terminal facilities and improving passenger experience also contribute to a positive business development.

Overall, the stable market position and continuous growth suggest that Japan Airport Terminal Co., Ltd. is a promising investment, especially for investors interested in long-term participation in the airport infrastructure sector.

Dividend yield: 2.1% (2025) Dividend history: Continuous payout in the last 5 years

Japan Airport Terminal Co., Ltd. has paid a consistent dividend in recent years, indicating a reliable payout policy. The dividend yield of 2.1% in 2025 shows that the company continues to offer its shareholders an attractive return.

The reliability of the dividend is supported by the stable financial position of the company, which has benefited from the recovery of travel traffic after the pandemic. Analysts expect the company to maintain its dividend policy unless significant economic disruptions occur.