Kansai Airports

Kansai Airports, the ORIX–VINCI company that runs Kansai International, Itami and Kobe, is unlisted but reports audited half-year and full-year results. The year to March 2026 was a record: operating revenue up 11% to ¥271.3bn, operating profit up 8% to ¥69.6bn and net income up 9% to ¥40.2bn, carried by a record year for international passengers at Kansai International and by the Expo in Osaka; the three airports handled 54.01m passengers, up 6%. The company does not break out retail sales, so this card reads as the whole airport business.

An Expo half: Kansai Airports' operating revenue rose 18% to ¥139.7bn in the six months to September 2025, operating profit 29% to ¥39.4bn and net income 34% to ¥22.6bn, as international passengers at Kansai International set first-half records and the three airports handled 27.53m passengers, up 11%.