Komori
S

Skymark Airlines Inc.

9204Transportation and LogisticsMicro cap
424JPY-3.0%
★ Watch (sign-up required)
Price history
¥424Latest+2928.6%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview

Skymark Airlines Inc. was established as an airline serving primarily the Japanese domestic market, with the aim of introducing competition into a long-standing oligopolistic aviation market. Its core businesses are passenger transportation services (scheduled air transportation), passenger transportation-related services including ancillary services, and ancillary businesses such as advertising and leasing of training facilities. The company’s domestic operations are centered on Haneda Airport, with 158 daily flights across 12 airports and 23 routes, primarily using Boeing 737-800 aircraft. As of the summer 2026 timetable, the company continues to operate mainly on routes to and from Haneda Airport. Routes to and from Haneda account for approximately 56% of passenger revenue, 52% of passengers and 49% of flights. The company plans to begin operating Boeing 737-8 aircraft in May 2026 and introduce 737-10 aircraft in fiscal 2027. The 737-8 can reduce fuel consumption per seat by approximately 15% compared with the existing 737-800, while the 737-10 can increase seating capacity from 177 to 207 seats. Through fleet renewal and a stronger route strategy, the company aims to improve capital efficiency and customer satisfaction. Its MVV (Mission, Vision and Value) was redefined in April 2025, setting out the objectives of improving customer satisfaction and on-time performance, coexisting with local communities, and maintaining and strengthening competitiveness through the provision of added value.

Recurring subjects
No threads yetThis company's filings have not been read yet. We are adding them progressively.
Companies sharing a theme
Loading
Key numbersShowing 8 of 17
PBR
0.91How many times the company's net assets? Around 1x is generally considered a benchmark.
ROE
-9.4%Earning power. A figure above 10% is generally considered good.
Dividend yield
0.0%The annual dividend as a percentage of the share price.
Market capitalization
¥26bnShare price × number of shares. The value of the entire company.
Equity ratio
22.7%The proportion of assets funded by money that does not have to be repaid.
Operating margin
-13.3%The percentage of revenue remaining from the company’s core business.
Revenue growth (3 years)
4.1%The average annual growth in sales over the past three years.
Forward P/E
31.97Forward P/E based on estimated earnings for the next fiscal year.
What to watch next
The impact on results of increased frequencies and seat capacity, and actual unit costs (fuel and operations), following the start of 737-8 operations
Second half of 2026 to 2027Impact MediumLikelihood Medium
The introduction of the 737-10 (planned for fiscal 2027), including increased seat capacity centered on Haneda routes and changes in the revenue mix
FY2027Impact HighLikelihood Medium
Changes in the cost structure following the expiry of relief measures for fuel taxes, landing fees and other costs (scheduled to remain in place through February 2025)
From February 2025 onward (reflected during the fiscal period)Impact MediumLikelihood High
The effectiveness of hedging policies for fuel costs and foreign exchange exposure, including foreign-currency-denominated lease payments, maintenance costs and aircraft purchases, and their impact on earnings (commodity swaps and forward exchange contracts)
Quarterly, with ongoing monitoringImpact HighLikelihood High
Whether progress in My Page registrations and data utilization leads to ancillary revenue, including baggage revenue, and increased bookings
From 2026Impact LowLikelihood Medium
What to watch next
Loading
Who owns itTop holders total 54.5%
Listed holders 54.5%Everyone else 45.5%
鈴与スカイ・パートナーズ投資事業有限責任組合13.05%
ANAホールディングス株式会社12.97%
鈴与ホールディングス株式会社6.20%
鈴与スカイ・パートナーズ2号投資事業有限責任組合5.96%
AirTrip Corp.5.03%
Sojitz Corporation5.00%
アドヴェンチャーホールディングス株式会社1.68%
山本 知宏1.66%
2 other listed holders2.99%
Who owns it
HolderOwnership (%)
鈴与スカイ・パートナーズ投資事業有限責任組合13.05
ANAホールディングス株式会社12.97
鈴与ホールディングス株式会社6.20
鈴与スカイ・パートナーズ2号投資事業有限責任組合5.96
AirTrip Corp.5.03
Sojitz Corporation5.00
アドヴェンチャーホールディングス株式会社1.68
山本 知宏1.66
2 other listed holders2.99
This company's documents