Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
36
% (year-on-year decline in profit before finance income/expenses and income taxes)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales1,098,980¥ millionYear on year +11.7%Progress 52.5%
Operating profit70,172¥ million (profit before finance and income taxes / EBIT)Year on year -36.0%Progress 39.0%
Ordinary income63,367Millions of yen (interim profit before tax)Year on year -38.4%
Net income attributable to owners of the parent39,066¥ million (interim profit attributable to owners of the parent)Year on year -42.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥79.91
Financial position at period-end
Total assets3,317,613¥ million
of which net assets 1,543,196 ¥ millionEquity ratio 45.1%vs. prior year-end +4.8pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+160,057
Investment-151,990
Financials+16,681
Net change+24,748
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥1,034,135 million
Segment revenueFull-service carrier business ¥8,849 100 million (YoY +14.2%), LCC business ¥658 100 million (YoY +11.4%), Mileage, financial services and commerce business ¥1,216 100 million (YoY +12.7%), Other ¥118,862 million
Segment profitFull-service carrier business ¥416 100 million (EBIT) (YoY -45.3%), LCC business ¥18 100 million (EBIT) (YoY -73.0%), Mileage, financial services and commerce business ¥222 100 million (EBIT) (YoY +5.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,095,000 million (YoY +4.1%)
Operating profit¥180,000 million (profit before finance and income taxes / EBIT) (YoY -17.4%)
Ordinary incomeNot disclosed
Net income¥110,000 million (YoY -20.1%)
Annual Dividend Forecast96 Yen per common share → 96 Yen per common share（0.0%）
Factors Behind Changes in Business Performance
Although operating expenses increased due to higher aviation fuel prices amid rising tensions in the Middle East and yen depreciation, performance was supported by inbound demand, business demand originating in Japan, AI- and semiconductor-related demand, higher fuel surcharges, revenue management, government subsidies, and stable earnings from the mileage, financial and commerce businesses.
Disclosure regarding the going concern assumption
There are no applicable matters.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNo material changes. The number and names of companies added to or removed from the scope of consolidation are Not disclosed.
Depreciation and amortization¥86,257 million (total of depreciation, amortisation and impairment losses)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End437,143,500 shares
Treasury Shares at Period-End7,191,588 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥1,098,980 million (YoY +11.7%) |
| Operating profit | ¥70,172 million (profit before finance and income taxes / EBIT) (YoY -36.0%) |
| Ordinary income | 63,367 Millions of yen (interim profit before tax) (YoY -38.4%) |
| Profit attributable to owners of the parent | ¥39,066 million (interim profit attributable to owners of the parent) (YoY -42.2%) |
| Net income per share | ¥79.91 |
| Equity ratio | End of the current fiscal period 45.1% / End of previous period 40.3% |
| Total assets | ¥3,317,613 million |
| Net assets | ¥1,543,196 million (total equity) |
| Cash flows from operating activities | ¥160,057 million |
| Cash flows from investing activities | ¥-151,990 million |
| Cash flows from financing activities | ¥16,681 million |
| Cash and cash equivalents at end of period | ¥1,034,135 million |
| Full-year earnings forecast | Net Sales ¥2,095,000 million (YoY +4.1%) / Operating profit ¥180,000 million (profit before finance and income taxes / EBIT) (YoY -17.4%) / Ordinary income Not disclosed / Net income ¥110,000 million (YoY -20.1%) |
| Annual Dividend Forecast | 96 Yen per common share → 96 Yen per common share（0.0%） |
| Segment revenue | Full-service carrier business ¥8,849 100 million (YoY +14.2%), LCC business ¥658 100 million (YoY +11.4%), Mileage, financial services and commerce business ¥1,216 100 million (YoY +12.7%), Other ¥118,862 million |
| Segment profit | Full-service carrier business ¥416 100 million (EBIT) (YoY -45.3%), LCC business ¥18 100 million (EBIT) (YoY -73.0%), Mileage, financial services and commerce business ¥222 100 million (EBIT) (YoY +5.4%) |
| Depreciation and amortization | ¥86,257 million (total of depreciation, amortisation and impairment losses) |
| Disclosure regarding the going concern assumption | There are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | No material changes. The number and names of companies added to or removed from the scope of consolidation are Not disclosed. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 437,143,500 shares |
| Treasury Shares at Period-End | 7,191,588 shares |
| Factors Behind Changes in Business Performance | Although operating expenses increased due to higher aviation fuel prices amid rising tensions in the Middle East and yen depreciation, performance was supported by inbound demand, business demand originating in Japan, AI- and semiconductor-related demand, higher fuel surcharges, revenue management, government subsidies, and stable earnings from the mileage, financial and commerce businesses. |
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
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.Costs increased due to higher aviation fuel prices amid rising tensions in the Middle East and the continued trend of yen depreciation. Meanwhile, strong inbound demand, business demand originating in Japan, AI- and semiconductor-related demand, higher fuel surcharges and revenue management boosted sales.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.