Expanding the Airport Ground-Handling Business by Making the FMG Group a Subsidiary
First written in FY2023-Q3. 2 of 10 entries say "Cited as achieved", first in FY2024-Q2. Latest entry: 2026-10-14.
No other company in this theme has enough history to compare yet.
- FY2026-H1Investment to strengthen order-taking capacity and revenue and profit decline due to external factorsAnnual report
「During the current interim consolidated accounting period, in the “Airport” area, costs increased due to the impact of the changes to the fiscal year-end of FMG Co., Ltd. and fmg Co., Ltd., as well as the acquisition of ramp equipment (GSE) and recruitment of personnel to strengthen the order-taking structure for airport ground-handling services, where order growth is expected. In addition, international flights were reduced due to deteriorating Japan-China relations, resulting in lower revenue and profit.」
The company strengthened its order-taking structure by securing ramp equipment (GSE) and personnel to expand orders for airport ground-handling services. However, the Airport business recorded lower revenue and profit due to these higher costs, changes to the fiscal year-ends of FMG and other companies, and reductions in international flights. - FY2025AdvancedAnnual report
「In the Airport area, we will establish sites and operations at major airports nationwide and capture strong demand for ground handling in response to the government’s policy of accommodating 60 million inbound visitors by 2030. At the same time, we will focus on expanding the ramp business, which requires a high level of expertise.」
Following the acquisition of the FMG Group, the company made airport operations a priority area in its medium-term management plan and identified expansion at major airports nationwide and growth of the ramp business as specific growth initiatives. - FY2025-H1AdvancedAnnual report
「During the current interim consolidated accounting period, in the “Airport” area identified as a priority area in the medium-term management plan, new orders for the airport ground-handling business progressed well as new ramp-operation sites were established. In the “Wholesale” area, sales of high-value-added products, including products using IP licenses and collaborative products with influencers, also progressed well.」
The FMG Group’s airport business was positioned as part of the “Airport” priority area in the medium-term management plan, with new orders from the expansion of ramp-operation sites progressing well. - FY2024-Q3Cited as achievedAnnual report
「In Tourism and Sports, airport operations increased revenue following the integration of 株式会社ＦＭＧ and 株式会社ｆｍｇ into the Group, while in the Inbound field, land-operating services provided by 株式会社トライアングル to arrange accommodation, transportation and other services for visitors to Japan also posted higher revenue year on year.」
The completed integration of FMG and fmg into the Group was cited as having contributed to the business through higher revenue from airport operations. - FY2024-Q2Cited as achievedAnnual report
「In Inbound, airport operations following the integration of 株式会社ＦＭＧ and 株式会社ｆｍｇ into the Group, and land-operating services provided by 株式会社トライアングル to arrange accommodation, transportation and other services for visitors to Japan, posted higher revenue year on year.」
The completed integration of FMG and fmg into the Group was cited as contributing to the business through higher revenue from airport operations and inbound-related businesses year on year. - FY2024-Q1AchievedAnnual report
「In Inbound, airport operations and land-operating services arranging accommodation, transportation and other services for visitors to Japan, following the integration of 株式会社ＦＭＧ and 株式会社ｆｍｇ into the Group, posted higher revenue year on year.」
The FMG Group, previously described as a business combination scheduled for 31 July 2023, has been integrated into the Group, and airport operations and land-operating operations recorded higher revenue year on year. - FY2023-Q3First statedAnnual report
「The FMG Group, which is to become a subsidiary of a subsidiary, is one of the few leading domestic operators in the airport ground-handling sector capable of undertaking both passenger services and aircraft maintenance services on an integrated basis.」
On 6 July 2023, the company resolved to acquire the business and entered into a share transfer agreement covering 100% of the issued shares of the FMG Group. The consideration is ¥7,500 million in cash, with a performance-based earn-out of up to ¥2,500 million potentially payable. The business combination is scheduled for 31 July 2023. The company stated its policy of making airports and related areas a core business by combining the strengths of its Group, which specializes in retail, food service and lounge operations at major airports, with those of the FMG Group, which can undertake passenger services and aircraft maintenance services on an integrated basis.