Komori
Business alliance9201Japan Airlines Co.,Ltd.Transportation and Logistics

(Update on Previously Disclosed Matter) Notice Regarding a Change in the Shareholder Composition of an Equity-Method Affiliate

Jetstar Japan, an equity-method affiliate, plans to issue new class shares and common shares, which DBJ is expected to subscribe for. Using the proceeds, Jetstar Japan will acquire and cancel shares held by QAG through a share buyback, thereby changing its shareholding structure.

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Agreements reached under this partnership

9201Japan Airlines Co.,Ltd.
Alliance partnerDevelopment Bank of Japan Inc. / Qantas Group / Jetstar Japan Co., Ltd.
Details of the alliance
  1. 1

    JJP will issue new class shares and common shares, which DBJ will subscribe for.

  2. 2

    JJP will use the proceeds from this new share issuance to acquire JJP's existing class shares and common shares held by QAG through a share buyback.

  3. 3

    JJP will cancel the shares acquired from QAG.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Shareholding ratioThere will be no change in the Company's equity interest in or status with respect to JJP.
Change in major shareholdersJJP's shareholding structure is expected to change.
Impact on Business Performance

The impact of this matter on the Company's consolidated results will be minor.

Date of board resolution8 July 2026Alliance start dateThe arrangement will become effective upon completion of negotiations among the parties and execution by each company, targeted for July 2026 (予定).Share Acquisition Date and Payment DateJune 2027: Completion of the share transfer procedures (予定)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerDevelopment Bank of Japan Inc., Qantas Group, Jetstar Japan Co., Ltd.
Details of the allianceJJP will issue new class shares and common shares, which DBJ will subscribe for., JJP will use the proceeds from this new share issuance to acquire JJP's existing class shares and common shares held by QAG through a share buyback., JJP will cancel the shares acquired from QAG.
Shareholding ratioThere will be no change in the Company's equity interest in or status with respect to JJP.
Date of board resolution8 July 2026
Alliance start dateThe arrangement will become effective upon completion of negotiations among the parties and execution by each company, targeted for July 2026 (予定).
Share Acquisition Date and Payment DateJune 2027: Completion of the share transfer procedures (予定)
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results will be minor.
Change in major shareholdersJJP's shareholding structure is expected to change.
Items this document does not state (15)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceNumber of shares acquiredAcquisition priceOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyContract Date

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The change in shareholding structure is associated with DBJ's participation. The Company explains that there will be no change in its equity interest in or status with respect to JJP, and that the impact on consolidated results will be minor.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Update on Previously Disclosed Matter) Notice Regarding a Change in the Shareholder Composition of an Equity-Method Affiliate | Japan Airlines Co.,Ltd. (9201) timely disclosure | Komori