AIRPORT OPERATION BUSINESS

Overview

The Mitsubishi Estate Group is involved in the operation of Takamatsu Airport, Miyako Shimojishima Airport Terminal, Mt. Fuji Shizuoka Airport, and seven airports in Hokkaido. Each airport will contribute to regional development by acting in unison with their local communities to increase the non-resident population and improve regional value while leveraging the distinctive characteristics of their respective regions.

Operation of Airports

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Competitive Advantages

  • Mitsubishi Estate operates airports leveraging its track record of operating several airports, the expertise gained in businesses related to inbound tourism through outlet malls and hotels, and its cooperation with other businesses in the Mitsubishi Estate Group.
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Business Strategies

  • We ensure stable operation at each airport while aiming to achieve operational efficiency and sophistication through inter-airport cooperation.
  • We will work to invigorate regions by leveraging our urban development expertise and to increase revenues for passenger terminal buildings by harnessing our expertise in the development and operation of retail facilities.
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Progress on the Long-Term Management Plan 2030

Launch of Business Operations of Seven Airports in Hokkaido

In 2019, we established Hokkaido Airports Co., Ltd.,* in which we have an investment stake, and launched an airport operation business at all seven of our airports in Hokkaido (New Chitose, Wakkanai, Kushiro, Hakodate, Asahikawa, Obihiro, and Memanbetsu) by March 2021. The company will create a multi-tourism gateway by assigning clear roles to the seven airports and steadily increase tourism activities throughout Hokkaido by means of the promotion of digital marketing. By communicating the appeal of Hokkaido, we will contribute to the invigoration of the seven airports and their localities while advancing stable airport operations over the long term, with safety and reliability the top priority.

* Established through investment by 17 entities: Hokkaido Airport Terminal Co., Ltd., Mitsubishi Estate Co., Ltd., Tokyu Corporation, Development Bank of Japan Inc., North Pacific Bank, Ltd., The Hokkaido Bank, Ltd., Hokkaido Electric Power Co., Inc., The Sankei Building Co., Ltd., Japan Airlines Co., Ltd., ANA HOLDINGS INC., Mitsui Fudosan Co., Ltd., Mitsubishi Corporation, Iwata Chizaki Inc., Doshin Service Center, Dentsu Group Inc., Taisei Concession Co., Ltd., and Sompo Japan Insurance Inc.

Sustainability Initiative

CLT and ZEB Initiatives at Miyako Shimojishima Airport Terminal and Environmental Preservation Activities in Miyakojima City

Miyako Shimojishima Airport Terminal, which Mitsubishi Estate developed and subsequently opened in 2019, is the first airport terminal in Japan using cross laminated timber (CLT) in the structural materials for its roof and implementing net-zero-energy building (ZEB) initiatives (acquisition of ZEB Ready certification and receipt of a five-star rating under BELS). CLT is produced using timber from the region stipulated by Okinawa Prefecture (timber from Okinawa Prefecture or Kyushu that is distributed in Okinawa Prefecture), thereby contributing to the vitalization of the region’s forests and forest industry. Meanwhile, working closely with local government and non-governmental organizations, the Mitsubishi Estate Group began efforts in 2019 that included beach cleanups and other activities to protect the gray-faced buzzard, a migratory bird of the hawk variety, which is designated as an endangered species. Through such measures, we are contributing to the development of the region’s economy while helping preserve its rich natural environment.

Check-in area at Miyako Shimojishima Airport Terminal

Check-in area at Miyako
Shimojishima Airport Terminal

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CORPORATE INFORMATION

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