FY2024 Half-year Consolidated Financial Results

Kansai Airports today announced its half-year consolidated financial results for the fiscal year ended September 30, 2024, posting operating revenues of 118.0 billion yen, operating income of 30.6 billion yen, ordinary income of 25.1 billion yen and net profit of 16.9 billion yen. 

During the current period, operating revenues increased by 38%, operating income increased by 17.6 billion yen, ordinary income increased by 17.3 billion yen, and net income increased by 11.7 billion yen. These increases were driven by the strong sales from the new commercial facilities at Kansai International Airport Terminal 1, which opened last December, and the effective capture of the strong inbound traffic. This marks the second-highest level for a half-year period since 2019.

Aviation Traffic 
The number of international passenger flights and international passengers were the second highest on record, behind only FY 2019, which was the highest on record. As a result, the total number of aircraft movements at the three airports reached 182,000 (a 9% increase from the previous year), and the number of air passengers reached 24.70 million (a 18% increase from the previous year). In particular, the number of  foreign passengers on international flights increased to a record high, and since December 2023, the number of aircraft movements and passengers to and from China have also been on a steady rise. Regarding domestic flights, both the number of aircraft arrivals and departures and the number of passengers were unchanged from the previous fiscal year. 

Consolidated Balance Sheet 
As of September 30, 2024, total assets were 1,576.8 billion yen as a result of depreciation in operating rights compared to the end of the previous fiscal year. In addition, due to repayment of the operation rights, total liabilities were 1,517.0 billion yen.

For full release, please read here: E_20241211_PressRelease_FiscalYear2024.pdf