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Japan Airport Terminal Co., Ltd.

Japan Airport Terminal Co., Ltd. primarily engages in the management of passenger terminal buildings in Japan. It operates through three segments: Facilities Management, Merchandise Sales, and Food and Beverage. The company constructs, manages, and operates domestic passenger terminal buildings; rents offices, stores, and other facilities to airline companies and airport concessionaires; and operates and manages parking lots. In addition, it is involved in the merchandise sale at stores in domestic and international terminals, including stores in the lobby; and provision of airport passenger, travel insurance agency, and hotel reservation services, as well as rental of halls and conference rooms. Further, the company engages in the sale of international and domestic travel, and transport and events tickets; and management and operation of Haneda Airport Wharf. Additionally, it is involved in the commissioned activities, including facility maintenance and management, duty-free shop operation, services for travelers, etc.; wholesale of duty-free goods; and merchandise and commissioned sale. Furthermore, the company operates restaurants; and produces and sells in-flight meals. Japan Airport Terminal Co., Ltd. was incorporated in 1953 and is headquartered in Tokyo, Japan.

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Aerospace & Aviation

Haneda Airport opens new building this September to meet surging travel demand

Haneda Airport in Tokyo unveiled its new north-side passenger terminal extension today, ahead of its operational opening this September, with six boarding gates to accommodate steadily expanding air travel. The extension of Terminal 1 marks the largest expansion since the main building opened in September 1993. Japan Airport Terminal, which manages Haneda Airport, said the structure uses about 1,800 cubic meters of steel and wood to help reduce environmental impact. Inside the building are lounges, a children's area, and the iino driverless vehicle service, which carries up to four passengers free of charge. Japan's government aims to attract 60 million foreign tourists by 2030. Haneda Airport's passenger volume last year surged past 90 million for the first time, and aircraft movements reached about 490,000 flights, already at the airport's capacity ceiling. To address congestion and flight delays, Japanese airlines announced that starting this September, domestic passengers must check in and drop baggage at least 30 minutes before departure, up from 20 minutes. Kumiko Saito, an executive officer at Japan Airlines, said that because the distance from security screening has increased, passengers need to arrive earlier to complete check-in, and asked for cooperation so aircraft depart on time. Japan's Ministry of Land, Infrastructure, Transport and Tourism said on-time performance, defined as departure within 15 minutes of the scheduled time, continues to decline, averaging 83% for the top 10 airlines in fiscal 2025.
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