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Investor Presentaiton

1. Review of Consolidated Financial Results for FY18 2Q (1) Business Environment Increased passenger volume continues, slowdown in growth after July due to the effects of natural disasters, etc. Spending on shopping among travel consumption by non-Japanese visitors to Japan declines Business Environment ➤ Non-Japanese visitors to Japan up approx. 14% during April to June, slowdown increases approx. 1% during July to September ➤ Significant decline in non-Japanese visitors to Japan from East Asia in September to below the YoY figure for the first time in the last 5 years and 8 months ➤ Decline in spending on shopping by non-Japanese visitors to Japan by approx. 10% YoY for the first half of the year. Large decline after July Effects of natural disasters, etc. < A Haneda domestic flight passenger volume declines YoY in September due to effects of typhoons and earthquakes Substitution demand in terms of passenger volume and goods sales due to increased flights at Narita Airport and Chubu Centrair Airport, despite the effects of natural disasters at Kansai Airport ▸ Another effect of canceled Haneda domestic flights due to engine inspection of ANA aircraft First-half passenger volumes (YoY comparison) Airport First-half passenger volume FY17 Initial forecasts FY18 Rate of change Rate of change Difference (10 thousands) (10 thousands) (%) (%) (P) Haneda Domestic 3,477 3,455 0.6 2.1 -1.5 Haneda International 906 844 7.4 3.3 4.1 Total Haneda 4,383 4,300 1.9 2.3 -0.4 Narita 1,811 1,669 8.5 3.2 5.3 Kansai 1,075 1,059 1.5 8.7 -7.2 Chubu Centrair 304 282 7.6 5.0 2.6 Japan Airport Terminal Co., Ltd. 02
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