With a Buyout of Jalux’s Minority Shares, Sojitz Expands its Airport Portfolio

Justin Lee

Singapore

November 20, 2021

Khabarovsk   Novy KHV   UHHH AN1500054 WM

Listed on the Tokyo Stock Exchange, Sojitz Corporation is one of Japan’s largest trading conglomerates. The Sojitz Group consists of approximately 400 subsidiaries and affiliates located in Japan and throughout the world, developing wide-ranging general trading company operations in a multitude of countries and regions. Sojitz operates with a seven-division structure comprising of

  • The Automotive Division
  • The Aerospace & Transportation Project Division
  • The Infrastructure & Healthcare Division
  • The Metals, Mineral Resources & Recycling Division
  • The Chemicals Division
  • The Consumer Industry & Agriculture Business Division
  • The Retail & Consumer Service Division

Sojitz’s airport portfolio is managed through the Aerospace and Transportation Project Division and is still nascent.

Source: Sojitz Corporation Integrated Report 2021

At the moment, the airport assets in the Sojitz portfolio include:

  • Kumamoto Airport, where Sojitz holds 15% of shares of Mitsui-led MSJA-Kumamoto Consortium which operates Kumamoto Airport.
  • Shimojishima Airport, where Sojitz holds 15% of shares of Shimojishima Airport Management Co., Ltd (SAMCO), a joint investment with Mitsubishi Estate and Kokuba-Gumi.
  • Khabarovsk Airport in Russia where Sojitz is a member of consortium of Japanese investors holding 49% of shares of the airport operator Khabarovsk Airport JSC (with the remaining 51% of shares held by Khabarovsk Airport JSC) .
  • Palau International Airport in Palau where Sojitz has formed a joint venture, Palau International Airport Corporation, with Japan Airport Terminal Company and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development to operate Palau International  Airport.

Source: Wikimedia Commons

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator/investor profiles
  • Industry insights, reports and much more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.