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Investor Presentaiton

3. Progress under the Medium-Term Business Plan (2) Expand Business Domains that Leverage Strengths and Diversify Earnings (i) Urban Duty-free Business Progress FY18 first-half results and revised full-year forecasts Change Items 1H Results LY Results amount Rate of change (%) Full-year Initial Forecasts forecasts Difference 5.2 3.6 1.5 42.2 10.1 9.5 0.6 Operating revenues (billion yen) Operating income 0.4 0.0 0.3 (billion yen) 29 Per-unit purchases 29 32 (thousand yen) No. of purchasing 941 613 customers (people/day) 0.4 0.2 0.1 (FY18 first-half status) Rising figures for purchasing customers from China continue • Advertising in Japan and overseas strengthened, in addition to expansion of consumption tax-exempt sales spaces and new brand development (Initiatives going forward) Further improve ability to attract customers through advertising such as distribution of advertising movies on the Internet • Improve convenience with diversified payment methods (ii) Per-unit Purchasing by Chinese Passengers, Operating Revenue from Merchandise Sales (Yen) 20,000 16,000 12,000 Haneda International (Million yen) (Yen) 8,000 20,000 7,000 16,000 6,000 5,000 12,000 4,000 8,000 3,000 2,000 4,000 1,000 0 0 1Q 2Q 30 4Q 1Q FY15 2Q FY16 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY17 FY18 Operating revenue from merchandise sales Per-unit purchasing 8,000 4,000 Narita (Million yen) 3,000 2,500 2,000 0 0 1Q 2Q 3Q 4Q FY15 1Q 2Q 3Q 4Q 1Q 20 3Q 4Q 1Q 20. FY16 FY17 FY18 Operating revenue from merchandise sales Per-unit purchasing 1,500 1,000 500 (Key Points) - At both Haneda and Narita, slowdown in growth in the second quarter and YoY increasing trend for the first half of the year continues Japan Airport Terminal Co., Ltd. 11
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