AIRPORT FACILITIES Co.,LTD.

8864・Standard Market・Real Estate

Official website

AIRPORT FACILITIES Co.,LTD.

8864・Standard Market・Real Estate

Official website

AIRPORT FACILITIES Co.,LTD.8864

Reference Indicators

Market Cap

515¥100M

P/E (Forecast)

14.4x

P/B

0.8x

Dividend Yield (Forecast)

4.24%

ROE

5.7%

EV/EBITDA

5.9x

Financial Summary

Unit: ¥M

Item	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Net Sales	23,777	25,516	25,950	31,121	36,792
Cost of Sales	18,405	20,903	20,672	24,350	27,583
Gross Profit	5,372	4,613	5,278	6,770	9,208
SG&A Expenses	2,091	2,109	2,095	2,300	2,488
Operating Income	3,280	2,503	3,183	4,469	6,719
Non-operating Income	203	175	433	616	857
Non-operating Expenses	522	557	440	457	450
Ordinary Income	2,962	2,121	3,175	4,629	7,126
Extraordinary Income	462	832	—	124	362
Extraordinary Losses	1,730	774	12	1,257	2,126
Pre-tax Income	1,694	2,178	3,163	3,496	5,363
Income Taxes	803	585	1,029	868	1,774
Net Income	821	1,564	2,020	2,577	3,479
EBITDA	7,416	7,326	8,002	9,213	11,181
Gross Margin	22.6%	18.1%	20.3%	21.8%	25.0%
Operating Margin	13.8%	9.8%	12.3%	14.4%	18.3%
ROA	0.8%	1.6%	1.8%	2.4%	3.1%
ROE	1.6%	2.9%	3.6%	4.4%	5.7%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
空港内不動産事業	17,291	4,006	23.2%
空港外不動産事業	11,312	2,929	25.9%
空港内インフラ事業	7,459	1,154	15.5%
その他の事業	729	257	35.3%