AIRPORT 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 (and Planned Operation)

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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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Operation of Seven Airports in Hokkaido

In 2019, we established Hokkaido Airports Co., Ltd.,* in response to the consortium of which we are a part being selected as the preferred bidder for the right to operate seven airports in Hokkaido. The new 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 operation over the long term, with reliability and safety as 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 Inc., Taisei Concession Co., Ltd., and Sompo Japan Nipponkoa Insurance Inc.

Picture: CG rendering of how some of the airports will look (vision for 30 years into the future)

CG rendering of how some of the airports will look
(vision for 30 years into the future)

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CORPORATE INFORMATION

  • A MESSAGE FROM THE MANAGEMENT
  • ABOUT MITSUBISHI ESTATE
  • PROFILE OF MITSUBISHI ESTATE
  • CORPORATE BRAND
  • SAFETY AND SECURITY
  • CORPORATE GOVERNANCE
  • GROUP COMPANIES