Loading
9-May-2013 4:43 PM

Japan Airport Terminal Co targets USD263m EBITDA, 61.5m pax by FY2015; USD333m investment

Japan Airport Terminal Co, operator of Tokyo Haneda Airport, released (08-May-2013) its medium-term management plan for FY2013 to FY2015, which outlines its “steady response to new environmental changes and further capacity expansion and internationalisation of Tokyo Haneda Airport”. Details are as follows:

  • Investment plan: Total investment of JPY26,000 million (USD333.3 million);
    • In response to the internationalisation of Tokyo Haneda: JPY1500 million (USD19.2 million) in FY2013;
    • Security: JPY10,000 million (USD128.2 million) between FY2013 and FY2015;
    • New airport value creation: JPY9000 million (USD115.4 million) between FY2013 and FY2015;
    • Building 2 IV plan: JPY2700 million (USD34.6 million) in FY2013;
    • Others: JPY2800 million (USD35.9 million) between FY2013 to FY2015.
  • Goals:
    • Share return: Dividend of JPY13 or more;
    • Financial position: Continue to maintain equity ratio above 50%;
    • Tokyo Haneda passenger numbers:
      • FY2013: 60.3 million;
      • FY2014: 60.9 million;
      • FY2015: 61.5 million;
    • EBITDA:
      • FY2013: JPY17,700 million (USD226.9 million);
      • FY2014: JPY19,000 million (USD243.6 million);
      • FY2015: JPY20,500 million (USD262.8 million). [more - original PR - Japanese]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More