Expansion into domestic and overseas airport operations by leveraging expertise from Haneda Airport

「Palau International Airport, in whose operation the company participates, began operating its new passenger terminal in May last year, while Aso Kumamoto Airport began operating its new passenger terminal in March this year.」

「Amid these developments, in January this year the company entered into a memorandum of understanding on business cooperation with the Hawaii Department of Transportation, which manages and operates Daniel K. Inouye International Airport in Hawaii, one of the most attractive travel destinations for Japanese people. Going forward, the company will contribute to the development of the aviation industries of Hawaii and Japan by exchanging specialized knowledge and ideas concerning airport operations and providing high-quality services.」

「In May, the new terminal at Palau International Airport, in which the company participates, began operations. As the Republic of Palau's only international airport, the company aims to contribute to the country's sustainable economic and social development, with tourism as its core industry.」

「In July, New Ulaanbaatar International Airport in Mongolia, in which the company participates, began operations. Through operating this new airport, a new symbol of cooperation between Japan and Mongolia, the company will contribute to Mongolia's sustainable economic and social development.」

「As a business in which the company participates, in April it began operating the entire Kumamoto Airport in addition to the passenger terminal building previously operated,」

「Meanwhile, the company decided to acquire shares of エージーピー in November last year, completed the acquisition procedures in February this year, and made the company an equity-method affiliate. Going forward, the company expects to generate new synergies toward realizing its long-term vision by combining its expertise in terminal operations with エージーピー's expertise in ground handling, expanding its business areas and developing airport operating businesses in Japan and overseas.」

「In addition, as new businesses, the company began operating Kumamoto Airport and Palau International Airport together with partner companies, and participation in the operation of New Ulaanbaatar International Airport in Mongolia was also decided. The company is working to expand its business areas and diversify revenue by deploying its strength, the expertise developed at Haneda Airport, at airports in Japan and overseas.」

「As another issue related to the airport operating business, the MSJA-Kumamoto consortium to which the company belongs obtained preferred negotiating rights for the Kumamoto Airport designated operating business in March this year and established a special-purpose company (SPC) in April. Preparations are currently under way for the start of operations at the airport's terminal facilities and other facilities in July this year. Overseas, the company established a local joint venture, Palau International Airport Co., Ltd., and began operating the terminal at Palau International Airport in April this year. It is currently undertaking renovation and expansion work on the airport terminal and other facilities, with completion targeted during FY2020. In addition, at Khabarovsk International Airport, the Japanese corporate consortium to which the company belongs signed a shareholders' agreement with Khabarovsk Airport Company of the Russian Federation in December last year to participate in the business, and will continue to accelerate preparations for the start of operations together with its partner companies.」

「For the passenger terminal development and operation business at Khabarovsk International Airport, a Japanese corporate consortium including the company signed a shareholders' agreement with Khabarovsk Airport Company of the Russian Federation in December last year to participate in the business. The company will continue to accelerate preparations for the launch of operations together with its partner companies.」

「Regarding business expansion beyond airports, the company is participating with Sojitz Corporation in the operation of Palau International Airport, its first overseas airport operating business. It plans to apply its expertise, including quality control expertise developed through operating the passenger terminal building at Haneda Airport, to improve convenience and strengthen the revenue-generating capacity of Palau International Airport.」

「Regarding business expansion beyond airports, the company is participating with Sojitz Corporation in the operation of Palau International Airport, its first overseas airport operating business. It plans to apply its expertise, including quality control expertise developed through operating the passenger terminal building at Haneda Airport, to improve convenience and strengthen the revenue-generating capacity of Palau International Airport.」

「Regarding business expansion beyond airports, in December last year the company entered into a memorandum of understanding to jointly carry out the development and operation of the passenger terminal at Khabarovsk International Airport in Russia, and confirmed that discussions would be advanced. Going forward, the company will actively participate in bids for airport operating concessions in Japan and overseas, leveraging the experience and expertise it has developed at Haneda Airport, and will pursue opportunities to expand revenue by providing consulting services and technical cooperation for national projects and other initiatives.」

「Regarding business expansion beyond airports, in December last year the company entered into a memorandum of understanding to jointly carry out the development and operation of the passenger terminal at Khabarovsk International Airport in Russia, and confirmed that discussions would be advanced. Going forward, the company will actively participate in bids for airport operating concessions in Japan and overseas, leveraging the experience and expertise it has developed at Haneda Airport, and will pursue opportunities to expand revenue by providing consulting services and technical cooperation for national projects and other initiatives.」

「Regarding business expansion beyond airports, in December last year the company entered into a memorandum of understanding to jointly carry out the development and operation of the passenger terminal at Khabarovsk International Airport in Russia, and confirmed that discussions would be advanced. Going forward, the company will actively participate in bids for airport operating concessions in Japan and overseas, leveraging the experience and expertise it has developed at Haneda Airport, and will pursue opportunities to expand revenue by providing consulting services and technical cooperation for national projects and other initiatives.」