Fukuoka International Airport

Airports & travel retail

The Japan read

From the company's own filing for Full year to March 2026 · reported 2026-07-24 · the filing

InboundThe own-run shop segment sold ¥29.4bn and earned ¥5.2bn of segment profit, the largest segment by sales; the company credits strong inbound buying at its duty-free shops for the revenue growth.
StoresThe international terminal expansion begun in May 2022 finished in December 2025, adding a duty-free sweets and food area in November and 13 new shops in December, plus refitted gate lounges.
InboundInternational passengers rose 10% to a record 9.39m as Korea, Taiwan and Hong Kong growth offset a shrinking China market; Shanghai Airlines, which had resumed flights, suspended them from late December.
StoresThe domestic food hall moves and reopens in April 2026, a domestic complex with shops and a bus terminal is due in fiscal 2027, and duty-free and own shops will stock more local products.

Other callouts in the filing

One-offBottom-line profit was helped by a ¥2.15bn deferred-tax credit and a ¥1.36bn state subsidy in non-operating income, against ¥1.33bn of extraordinary losses, mostly demolition and write-offs from the terminal works.
OutlookFor the year to March 2027 Fukuoka targets 29.24m passengers, 9.65m of them international, but publishes no sales or profit forecast.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

Full year to March 2026

Reported 2026-07-24

Net sales¥71.1bn+20.0%

Operating profit¥12.0bn+61.0%

Net income¥5.7bn—

Fukuoka's airport company, the Nishitetsu–Mitsubishi–Changi consortium that took over the concession in 2019, reports once a year and has just posted its first annual profit: sales rose 20% to ¥71.1bn in the year to March 2026, operating profit 61% to ¥12.0bn, and net income came in at ¥5.7bn against a ¥1.0bn loss a year earlier. The retail read is unusually direct because the company runs its own shops: the own-operated merchandise segment sold ¥29.4bn and earned ¥5.2bn, the largest of its segments by sales, lifted by inbound duty-free demand and 13 new international-area shops opened in December. Passengers hit a record 28.83m, with international up 10% to 9.39m.