Other Business
Other Business
Overseas Business
In 2011, provision of hangers to Airbus Group at Kobe Airport led us to expend overseas. In 2013, we established a local subsidiary to strengthen our business structure in response to strong overseas aviation demand. Today, we provide aviation-related facilities in Singapore and Canada, as well as finance simulator and engine leasing companies, and are steadily expanding our business.
Major Facilities
History of overseas business development
2013
AIRPORT FACILITIES ASIA PTE. LTD. (AFA),
a
local subsidiary, is established in Singapore
Major businesses: Construction, acquisition and leasing of airport-related facilities abroad
See more information2014
Financing of a helicopter hangar in Seletar Airport starts (contract expired in 2019)
Provision of an engine maintenance factory in Seletar Airport starts
Location: Seletar Airport, Singapore
Total floor
area: 5,399.14m²
Tanant: Vector Aerospace Asia Pte.Ltd
AFN PROPERTIES LTD., a local subsidiary, is established in Canada
Major businesses: Construction, acquisition and leasing of airport-related facilities abroad
See more information2016
Provision of a pilot training facility in Seletar Airport starts
Location: Seletar Airport, Singapore
Total floor
area: 9,219m²
Tanant: Airbus Group Singapore
2017
Provision of a helicopter maintenance facility in Langley Regional Airport, Canada, starts
Location: Langley Regional Airport, Canada
Total
floor area: 7,700m²
Tanant: StandardAero Ltd.
2018
AFS PROPERTIES PTE. LTD. (AFS),
a
subsidiary 100% owned by AFA, is established in Singapore
Major businesses: Financing of flight simulators
See more information2020
Singapore Office is opened
A new office is staffed and opened in Singapore with an aim to enhance local marketing ability and to gather overseas information for the entire AFC Group.
2022
AFS PROPERTIES PTE. LTD.(AFS) conclude the financing contract about aircraft engine procurement
Loanee: Total Engine Asset Management Pte. Ltd.
Signed an investment contract for an aircraft fund as a major investor
Fund operation company : Mercuria Investment Co., Ltd
2023
Installation of a solar power generation facility on the roof of the engine maintenance building at Seleter Airport
Installation Facility: Engine Maintenance Building at Seleter Airport
Purpose : Electricity for in-house consumption
Annual amount of power generation: 488,100kWh
Recent Project
Aircraft Fund
We signed an investment contract for an aircraft fund established and operated by Mercuria Investment Co., Ltd. as a major investor.
It is the first aircraft fund for domestic investors after occurrence of the COVID-19.
Solar Power Generation Business
Utilization of clean energy is a first step towards realizing a sustainable society. We are making efforts in the “Solar Power Generation Business”, utilizing the rooftops of facilities in and outside the airport as well as idle land. Since establishing a solar power plant in Narita City, Chiba Prefecture in 2013, we have been able to supply 5,200,000kwh of electricity annually, equivalent to electricity consumption for about 1,370 households. We will continuously contribute to achieving the SDGs through the utilization of renewable energy.
Installing megawatt-class photovoltaic power generation facility in Haneda Airport
Megawatt-class photovoltaic power generation panels are installed in the
domestic cargo terminal of our company.
We are introducing clean energy by generating
electricity equivalent to the consumption of 270 households annually, and self-consume the
electricity generated within the area.
A photovoltaic power generation facility owned by our company annually generates electricity equivalent to about 3,100t emission of CO2 in total. We will continuously contribute to the reduction of CO2 emission through investment in renewable energy.
Reference: Photovoltaic power generation facilities of our company
- Construction completed in
- October
2013
- Name of facility
- Honsanrizuka Solar Power Plant
- Location
- Narita City, Chiba Prefecture
- Annual power
generation - Approx. 800,000 kWh
- Annual reduction of CO2 emissions*1
- Approx. 390t
- Construction completed in
- March
2014
- Name of facility
- Kagoshima Airport
Hangar No.1, Hangar No.2, and warehouse (rooftop)
- Location
- Kagoshima Airport
- Annual power generation
- Approx. 300,000 kWh
- Annual reduction of CO2 emissions*1
- Approx. 150t
- Construction completed in
- January
2016
- Name of facility
- Gifu Mizunami Solar Power Plant
- Location
- Mizunami City, Gifu Prefecture
- Annual power generation
- Approx. 1.6 million kWh
- Annual reduction of CO2 emissions*1
- Approx. 780t
- Construction completed in
- January
2018
- Name of facility
- TRC Distribution B Building Rooftop Solar Power Plant
- Location
- Ota-ku, Tokyo
- Annual power generation
- Approx. 2.5 million kWh
- Annual reduction of CO2 emissions*1
- Approx. 1,220t
- Construction completed in
- December
2020
- Name of facility
- Domestic Cargo Terminal (rooftop) of Haneda Airport
- Location
- Haneda Airport
- Annual power generation
- Approx. 1.2 million kWh
- Annual reduction of CO2 emissions*1
- Approx. 590t
- Construction completed in
- May 2023
- Name of facility
- the engine plant(rooftop) in Seletar airport, Singapore
- Location
- Seletar airport, Singapore
- Annual power generation
- Approx. 457,000 kWh
- Annual reduction of CO2 emissions*1
- Approx. 190t*2
*1: CO2 reduction = 0.489 (CO2/kWh)
(Conversion factor based on the periodic report according to the Tokyo Metropolitan Environmental
Security Ordinance)
*2: CO2 reduction = 0.416(CO2/kWh)
(Conversion factor based on Singapore's Operating Margin Grid Emission Factor)