Investor Presentaiton
1. Details of Consolidated Financial Results for FY18 2Q
(3) Financial Results by Segment
(ii) Merchandise sales
FY18 2Q (Results)
FY17 2Q (Results)
Initial forecast (May 2018)
Items
Change
Amount affected due
Rate of
Change
Difference
Ratio
Ratio
Ratio
to TIAT consolidation
Amount affected due
to TIAT consolidation
Millions of yen
%
Millions of yen
Millions of yen
% Millions of yen
%
Millions of yen
%
Millions of yen Millions of yen
Sales to external customers
Domestic terminal stores
17,956 20.6
17,564
25.0
391
2.2
17,900
22.0
56
International terminal stores
50,200 57.7
29,779
16,903
24.0
33,296 197.0
45,800
56.3
27,700
4,400
Other sales
18,404 21.2
-24,294
35,427
50.4
-17,023 -48.1
17,200
21.2
-22,800
1,204
Subtotal
86,560
99.5
5,484
69,895
99.4 16,665
23.8
80,900
99.5
4,900
5,660
Intersegment sales
473 0.5
28
415
0.6
58
14.0
400 0.5
73
Total
87,034 100.0
5,512
70,310 100.0
16,723
23.8
81,300 100.0
4,900
5,734
Operating expenses
78,931
90.7
3,888
65,095 92.6
13,836
21.3
73,200 90.0
2,000
5,731
Operating income
8,102
9.3
1,624
5,215 7.4
2,886
55.4
8,100
10.0
2,900
* 2
(Ratio) (
9.3%)
( 7.4%)
( 1.9P)
(10.0%)
(-0.7P)
⚫ Domestic terminal stores:
•
International terminal stores:
Increase in sales of directly managed stores at Haneda domestic terminal, etc.
Increase in sales of duty-free stores at Haneda international terminal
Increase in sales of directly managed stores at Narita Airport
Decrease in sales of boutique store at Kansai Airport
Sales of directly managed stores at Chubu Centrair Airport
Increase in sales of urban duty-free stores
.
Other sales:
Increase in wholesale sales to Narita Airport, Chubu Centrair Airport and other regional
airports
+0.3 billion
+29.7 billion
+1.4 billion
0.4 billion
+0.6 billion
+1.5 billion
+2.7 billion
Decrease in Haneda international terminal duty-free store wholesale sales from
consolidation
-19.8 billion
* Upon distributing expenses between the facilities management and the merchandise sales segments, differences between the initial forecasts
and the results affected the operating income of the segment.
20
Note: Figures shown are rounded down to the nearest million yen.View entire presentation