Kansai Airports Kobe Submits Single-Year and Mid-Term Project Plans for Kobe Airport Operation

Kansai Airports Kobe (*) is pleased to announce that it submitted to Kobe City the single-year project plan (FY2018) and the mid-term project plan (FY2018 – FY2022) for Kobe Airport operation on February 28, 2018 in accordance with Paragraph 5, Article 29 and Paragraph 5, Article 30 of Qualified Project Etc. for Kobe Airport Operation: Agreement to Implement Right to Operate Public Facility Etc.

In the first fiscal year of operating Kobe Airport, beginning April 1, 2018, capital investments will be made to integrate airport management with Kansai International Airport and Osaka International Airport which are operated by Kansai Airports Group. From the second year onwards, the focus of its capital investments will be placed on improvement of convenience and comfort for airport guests, while maintaining safety and security as the highest priority.

○ Single-year project plan (FY2018)

1. Total investment: JPY 300 million

Scope of investment: Integration into IT environment of Kansai Airports, and energy conservation measures

2. Forecast

Traffic demand              FY2018

No. of passengers        3.13 million

Revenue & expense     FY2018

Operating revenues     2,588

Operating expenses    2,380

Operating income       208

Ordinary income         71

Net income                  49

(Unit: million JPY)

(Unit: million JPY)

○ Mid-term project plan (FY2018 – 2022)

1. Total investment: JPY 3.9 billion

Scope of investment: Airside pavement, crash tender replacement, and commercial area development

2. Forecast

Traffic Demand                     FY2018    FY2019    FY2020     FY2021     FY2022

No. of passengers                 3.13         3.21         3.23           3.25         3.27

(Unit: million)

(*) Kansai Airports Kobe is wholly owned by Kansai Airports and starts operating Kobe Airport from April 1, 2018.

Contact Information for Inquiries

Kansai Airports Corporate Communication Dept.

TEL: +81-72-455-2212