Hokkaido Airports

Hokkaido Airports, the Mitsubishi Estate-led consortium that took over New Chitose and six other Hokkaido airports in 2020, is still paying for the concession: consolidated sales rose 8.6% to ¥60.9bn in the year to March 2026 and operating profit nearly doubled to ¥5.2bn, but interest on the concession debt left a net loss of ¥3.9bn, narrower than the ¥5.8bn loss a year earlier. New Chitose handled a record 26.02m passengers and the seven airports 31.84m. Rent from tenants, ¥28.9bn, is the largest revenue line, with the company's own shop and service sales at ¥12.8bn. Growth rates are floortok's arithmetic on the two years of figures in the company's own report.

Hokkaido Airports' first half to September 2025: consolidated sales rose 9.1% to ¥29.0bn and operating profit 41.0% to ¥3.8bn (floortok's arithmetic on the company's own figures), while concession interest kept the net result at a ¥915m loss, narrower than the ¥1.5bn loss a year earlier.