Notice Regarding Formulation of the Medium-Term Business Plan（PDF / 2.1MB）

To All Concerned Parties

May 8, 2026

Company name: Japan Airport Terminal Co., Ltd. Representative: Kazuhito Tanaka, Representative Director and President (Code: 9706, Prime Market, Tokyo Stock Exchange)

Inquiries: Keishi Matsuda, Chief Managing Executive Officer, Senior Vice President, Corporate Planning Department

Tel: 03-5757-8409

Notice Regarding Formulation of the Medium-Term Business Plan

Japan Airport Terminal Co., Ltd. ("JAT") hereby announces the formulation of its Medium-Term Business Plan (FY2026-FY2030), as outlined in the attached document.

In formulating this Medium-Term Business Plan, JAT examined longer-term changes in the business environment and the role the Group should fulfill, and accordingly developed a new Long-Term Vision.

JAT is committed to its Long-Term Vision "To Be a world Best Airport - the world's most highly regarded airport." In addition, it has established a new goal of becoming "an airport that contributes to maximizing the number of air passengers in Japan." JAT has also redefined its role as a "Demand-creating Anchor Role" at the airport.

Positioning the five-year period of the new Medium-Term Business Plan as a "period of corporate transformation" toward realizing the Long-Term Vision, the Group will pursue sustainable growth by strategically aligning "quantitative growth", supported by stable demand, with "qualitative growth." This objective will be achieved by strengthening its cash flow generation capabilities in preparation for future large-scale investments and transforming itself into the "Anchor at Haneda Airport." This initiative will contribute to the creation of air travel demand across Japan.

Medium-Term Business Plan (FY2026-FY2030)

Review of the Medium-Term Business Plan

(FY2022-FY2025) 2

• Progress on Strategic Guidelines 3

• Review of Key initiatives 4

  Long-Term Vision 5

• Background 6

• Our Goal for Haneda Airport 7

• Initiatives and Strategic Direction to Realize Our Goal /

  The Group's Long-Term Vision 8

• Growth Model Under the Long-term Vision: 9

• Long-Term Strategy for Realizing Our Vision 10

• Strategic Roadmap 11

  Medium-Term Business Plan (FY2026-FY2030) 12

• Summary of the Medium-Term Business Plan (FY2026-FY2030) 13

• Strategy Development Process 14

• Revision of Materiality 15

• Enhancing Corporate Value Through Materiality 16

• Management Strategy 17

  • 【Improving Efficiency】

    "Focus and Prioritization" Cost of Capital Management 18

  • 【Enhancing Value】

    Enhancing Value Density in the Terminal Business 19

  • 【Pursuing Co-creation】

    TAM (Total Airport Management) 20

    Airport GX (Green Transformation) 21

    Co-creating Value with Local Communities 22

    Strengthening Human Capital Management 23

• Business Growth Targets 24

• Capital Allocation

  －Balancing Growth Investments and Shareholder Returns－ 25

• Guidelines 26

  Appendix 27

• Initiatives in the Facilities Management Segment 28

• Initiatives in the Merchandise Sales Segment / Food and

Beverage Segment 29

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• Under the previous Medium-Term Business Plan, we promoted initiatives toward the goal of "expanding earnings beyond pre-COVID levels, based on the assumption of a recovery in passenger numbers."

• Continuously reviewed operations based on learnings from the COVID-19 pandemic and responded to a higher-than-expected inflation

• Captured strong recovery in demand, particularly from inbound tourism, and achieved the guidelines ahead of schedule

(Millions of yen)

¥20 billion or more

-25,217

FY2021

Consolidated Net Income ROA (EBITDA)

Achieved

Achieved

27,470

29,139

19,255

-3,901

FY2022

FY2023

FY2024

FY2025

Medium-Term Business Plan (FY2022-FY2025) Medium-Term Business Plan (FY2022-FY2025)

Equity Ratio Payout Ratio SKYTRAX Ranking

Equity increased through steady profit accumulation

Achie

FY2025 result

ved

Maintained stable returns of profits to shareholders following a recovery in business performance

Achie

FY2025 result

ved

Maintained a Top 3 ranking through high-quality and highly efficient operations

Achie

ved

FY2025 target

FY2025 target

FY2025 target

FY2025 result

42.7%

30.4%

World's Best Airports

World's Best Airports

3rd place

3