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Japan Airport Terminal Co. Revises Earnings Forecast Amid Air Travel Recovery

Story Highlights
  • Japan Airport Terminal Co. revises earnings forecast due to increased air travel demand.
  • Higher revenues and deferred tax assets boost net profit expectations significantly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Japan Airport Terminal Co ( (JP:9706) ) is now available.

Japan Airport Terminal Co., Ltd. has revised its consolidated earnings forecast for the fiscal year ending March 2025, citing increased air travel demand and higher than expected revenues from merchandise sales and facility usage fees. The company anticipates a significant rise in net profit attributable to owners, driven by increased deferred tax assets at a subsidiary, reflecting a strong recovery in passenger traffic and foreign visitor numbers.

More about Japan Airport Terminal Co

Japan Airport Terminal Co., Ltd. operates in the aviation industry, focusing on managing airport terminal facilities. Its primary services include merchandise sales, facility usage, and other airport-related operations, with a significant market presence at Haneda Airport.

YTD Price Performance: -1.94%

Average Trading Volume: 153

Technical Sentiment Signal: Buy

Current Market Cap: $2.47B

Learn more about 9706 stock on TipRanks’ Stock Analysis page.

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