16/27 - Results by Segment

◎ This slide covers our results by segment. ◎ Operating revenues increased year on year for all segments. ◎ Our Airline Related Business experienced a small decline in operating income, mainly due to the active hiring of airport ground staff and other up-front costs incurred for upcoming business expansion. Travel Services recorded higher profits, having been successful in capturing leisure travel demand during Golden Week holidays and summer peak season both in Japan and overseas. ◎ Next, I will discuss the details of the Air Transportation Business. Please turn to page 20.