PRESS RELEASE
September 10, 2019

Kansai Airports Kobe revises single-year and mid-term
project plans for Kobe Airport operation
Kansai Airports Kobe is pleased to announce that, following the deregulation at Kobe Airport, it
revised the single-year project plan (FY2019) and the mid-term project plan (FY2018 - FY2022) for
Kobe Airport operation, which were submitted to Kobe City on September 6, 2019.
Kansai Airports Kobe will continue to promote capital investments in pursuit of greater convenienceand comfort for all airport guests.
○ Single-year project plan (FY2019)
1. Total investment: JPY 1.1 billion
Scope of investment:- Runway resurfacing- False ceiling renovation (earthquake proofing measure)- Commercial area development in the terminal building

2. Forecast:(Unit: million JPY)

Traffic demand

FY2019

Revenue & expense

FY2019No. of passengers

3.48 million

Operating revenues

2,803

Operating expenses

2,318

Operating income

485

Ordinary income

354

Net income

245○ Mid-term project plan (FY2018 - FY2022)
1. Total investment: JPY 3.9 billion
Scope of investment:- Airside resurfacing- Crash tender replacement- Commercial area development in the terminal building- Airside facility renovation

2. Forecast:(Unit: million)

Traffic demand

FY2018FY2019FY2020

FY2021

FY2022

No. of passengers

3.19

3.48

3.76

3.94

3.94

*The above figures include infants

Kansai Airports was established by a consortium made up of VINCI Airports and ORIX Corporation as its coremembers. Kansai Airports took over the operations of Kansai International Airport (“KIX”) and Osaka International
Airport (“ITAMI”) from New Kansai International Airport Company (“NKIAC”) and has been operating the twoairports since April 1, 2016.
Kansai Airports Kobe, Kansai Airports’ wholly-owned subsidiary, took over the operations of Kobe Airport (“KOBE”)
from Kobe City and started its business as an operating company on April 1, 2018.
Under the concept of “One Kansai Airports Group”, Kansai Airports group strives to continuously improve its
services for all airport guests through appropriate investments and efficient operations, with safety and security
being the top priority. Kansai Airports group aims to maximize the potential of the three airports, for the benefit of
the communities they serve.
For more information, please visit：http://www.kansai-airports.co.jp/en/

Kansai Airports
Location

1-banchi, Senshu-kuko kita, Izumisanoshi, Osaka

Shareholders

ORIX 40%,VINCI Airports 40%,
Other investors 20%1

Company
Representatives

Representative Director and CEO:Yoshiyuki Yamaya
Representative Director and Co-CEO: Benoit Rulleau

Business Scope

Operation and management services, etc. of Kansai International Airport and Osaka
International Airport

Kansai Airports Kobe
Location

1-ban, Kobe-kuko, Chuo-ku, Kobe-shi,
Hyogo

Shareholder

Company
Representatives

Representative Director and CEO: Yoshiyuki Yamaya
Representative Director and Co-CEO: Benoit Rulleau

Business Scope

Operation and management services, etc. of Kobe Airport

Kansai Airports 100％

ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse witha proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses
in the operations, financial services, and investment spaces. ORIX’s highly complementary business activities span
industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retailfinancial services. ORIX has also spread its business globally by establishing locations in a total of 37 countries andregions across the world. Through its business activities, ORIX has long been committed to corporate citizenshipand environmental sustainability. For more details, please visit our website: http://www.orix.co.jp/grp/en/

VINCI Airports, as the leading private airport operator in the world, manages the development and operation of 46
airports located in France, Portugal, the United Kingdom, Sweden, Serbia, Cambodia, Japan, the United States,Dominican Republic, Costa Rica, Chile and Brazil. Served by around 250 airlines, VINCI Airports' network handled
240 million passengers in 2018.
Through its expertise as a comprehensive integrator, VINCI Airports develops, finances, builds and operates
airports, leveraging its investment capability, international network and know-how to optimize the management
and performance of existing airport infrastructure, facility extensions and new-build construction projects. In 2018,its annual revenue for managed activities amounted to €3.6 billion, for consolidated revenue of €1.6 billion.
More comprehensive information is available on www.vinci-airports.com
1ASICS Corporation; Iwatani Corporation; Osaka Gas Co., Ltd.; Obayashi Corporation; OMRON Corporation; The Kansai Electric Power Company, Incorporated; Kintetsu Group

Holding Co., Ltd.; Keihan Holdings Co., Ltd.; Suntory Holdings Limited; JTB Corp.; Sekisui House, Ltd.; Daikin Industries, Ltd.; Daiwa House Industry Co., Ltd.; Takenaka
Corporation; Nankai Electric Railway Co., Ltd.; NIPPON TELEGRAPH AND TELEPHONE WEST CORPORATION; Panasonic Corporation; Hankyu Hanshin Holdings, Inc.; RengoCo., Ltd.; The Senshu Ikeda Bank, Ltd.; Kiyo Holdings, Inc.; The Bank of Kyoto, Ltd.; THE SHIGA BANK，LTD.; The Nanto Bank, Ltd.; Nippon Life Insurance Company; MizuhoBank, Ltd.; Sumitomo Mitsui Trust Bank, Limited; MUFG Bank, Ltd.; Resona Bank, Limited; and the Private Finance Initiative Promotion Corporation of Japan.