
Airport Facilities Details Dependence on JAL and ANA as Major Shareholders and Key Clients

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Airport Facilities Co., Ltd. (JP:8864) announced its dependence on major shareholders Japan Airlines and ANA HOLDINGS, each holding 21.33% of voting rights. These airlines account for approximately 22.3% of AFC's sales. The company recognizes that changes in these affiliates' financial conditions could impact its capital and management, and it aims to manage these risks while maintaining strong ties. Transactions with affiliates are conducted on comparable terms to other partners, ensuring management independence.
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