Japan Airport Terminal Upgrades Earnings Forecast

Japan Airport Terminal Co (JP:9706) has released an update.

Japan Airport Terminal Co., Ltd. has positively revised its consolidated earnings forecast for both the first half and full fiscal year ending March 2025 due to higher than expected passenger volumes, particularly on international flights, and increased sales at Haneda Airport’s international terminal. These upward revisions come after the company’s successful strategies to improve customer experience and capitalize on the yen’s depreciation. Despite the revisions, the company remains cautious due to potential foreign exchange fluctuations and the global inflationary environment.

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