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Japan Airport Terminal Co Ltd (JP:9706)
:9706
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Japan Airport Terminal Co (9706) Price & Analysis

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9706 Stock Chart & Stats

¥4944.00
-¥28.00(-0.57%)
At close: 4:00 PM EST
¥4944.00
-¥28.00(-0.57%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationSubstantial operating cash flow (~¥71.6B) and positive free cash flow (~¥34.9B) indicate the business now converts earnings into real cash. This strengthens the company's ability to fund terminal upkeep, commercial investments and dividends, and to service or reduce debt over the next several quarters.
Profitability ReboundMargins and profitability have materially recovered from prior losses, with EBIT and net margins now healthy. Consistent revenue growth (~6–7%) plus restored margins suggest operational leverage as passenger activity normalizes, supporting sustainable earnings and cash generation over the medium term.
Strategic Terminal AssetsOwning and operating terminal real estate at Haneda provides durable, location-based competitive advantage: captive passenger footfall, sticky leasing and concession revenues, and pricing leverage on retail and facility fees. This asset base underpins predictable long-term cash flows tied to airport traffic.
Bears Say
Meaningful LeverageAlthough leverage has declined, a debt-to-equity near 0.93 remains substantial for an infrastructure-linked, cyclical operator. Interest and principal obligations constrain balance sheet flexibility, limiting the company’s ability to pursue large CAPEX, acquisitions, or absorb revenue shocks without raising additional capital or cutting distributions.
Cyclicality & Margin PressureProfitability remains exposed to passenger volume swings and commercial sales productivity. Recent margin compression versus prior years highlights vulnerability to traffic slowdowns or weaker retail spend, which can quickly erode operating leverage and earnings if travel demand softens in the next several quarters.
Cash Conversion Volatility / Capex NeedsFree cash flow converts to less than half of net income, and operating cash flow is only roughly parity with net income. This implies ongoing reinvestment and capex sensitivity; near-term FCF can swing with investment cycles and maintenance needs, constraining free cash available for debt reduction or shareholder returns.

Japan Airport Terminal Co News

9706 FAQ

What was Japan Airport Terminal Co Ltd’s price range in the past 12 months?
Japan Airport Terminal Co Ltd lowest stock price was ¥4112.00 and its highest was ¥5830.00 in the past 12 months.
    What is Japan Airport Terminal Co Ltd’s market cap?
    Japan Airport Terminal Co Ltd’s market cap is ¥437.84B.
      When is Japan Airport Terminal Co Ltd’s upcoming earnings report date?
      Japan Airport Terminal Co Ltd’s upcoming earnings report date is Aug 12, 2026 which is in 59 days.
        How were Japan Airport Terminal Co Ltd’s earnings last quarter?
        Japan Airport Terminal Co Ltd released its earnings results on May 08, 2026. The company reported ¥74.32 earnings per share for the quarter, beating the consensus estimate of ¥44.22 by ¥30.1.
          Is Japan Airport Terminal Co Ltd overvalued?
          According to Wall Street analysts Japan Airport Terminal Co Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Japan Airport Terminal Co Ltd pay dividends?
            Japan Airport Terminal Co Ltd pays a Semiannually dividend of ¥48 which represents an annual dividend yield of 2.25%. See more information on Japan Airport Terminal Co Ltd dividends here
              What is Japan Airport Terminal Co Ltd’s EPS estimate?
              Japan Airport Terminal Co Ltd’s EPS estimate is 24.54.
                How many shares outstanding does Japan Airport Terminal Co Ltd have?
                Japan Airport Terminal Co Ltd has 93,145,400 shares outstanding.
                  What happened to Japan Airport Terminal Co Ltd’s price movement after its last earnings report?
                  Japan Airport Terminal Co Ltd reported an EPS of ¥74.32 in its last earnings report, beating expectations of ¥44.22. Following the earnings report the stock price went down -0.759%.
                    Which hedge fund is a major shareholder of Japan Airport Terminal Co Ltd?
                    Currently, no hedge funds are holding shares in JP:9706
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Japan Airport Terminal Co Ltd

                      Japan Airport Terminal Co., Ltd. primarily focuses on the administration of passenger terminal facilities across Japan. Its operations are divided into three main divisions: Facilities Management, Retail Sales, and Food and Beverage. The Facilities Management segment is responsible for the construction, supervision, and daily functioning of domestic passenger terminal buildings. This includes leasing commercial and office spaces to airlines and other airport-based businesses, as well as overseeing parking facilities. This division also provides a variety of airport-related services such as passenger assistance, travel insurance brokerage, and hotel reservation services, in addition to renting out halls and conference rooms. Furthermore, it manages and operates the Haneda Airport Wharf. The Retail Sales division encompasses running a diverse array of merchandise outlets within both domestic and international terminals, including lobby shops. It also handles the wholesale distribution of duty-free goods, and manages commissioned duty-free concessions at major international airports like Narita, Kansai, and Central Japan. The company extends its retail footprint to Chengdu Shuangli International Airport through product sales. Within the Food and Beverage segment, the company operates restaurants and is involved in the production and sale of in-flight meals, pre-packaged meals, and retort foods. Beyond these core areas, Japan Airport Terminal Co., Ltd. also manages international and domestic travel bookings and ticket sales for transportation and events. The company was founded in 1953 and is headquartered in Tokyo, Japan.

                      Japan Airport Terminal Co (9706) Earnings & Revenues

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