Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published Announced on 13 November 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The difference from the forecast resulted from intensified price competition and a shortfall in the number of revenue passengers for business revenue, cost increases due to inflation and other factors despite cost controls for operating income, foreign exchange gains for ordinary income, and the recording of gains on the sale of fixed assets for net income.
| Item | Details |
|---|---|
| Net Sales | ¥111,000 million → ¥110,441 million（-0.5%） |
| Operating profit | ¥1,600 million → ¥1,801 million（+12.6%） |
| Ordinary income | ¥1,000 million → ¥2,907 million（+190.7%） |
| Profit attributable to owners of the parent | ¥100 million → ¥1,638 million |
| Net income per share | 1.66 yen and sen → 27.21 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | Announced on 13 November 2025 |
| Previous-period results | Business revenue: ¥108,893 million; operating income: ¥1,826 million; ordinary income: ¥760 million; net income: ¥2,146 million; basic earnings per share: ¥36.14 (fiscal year ended March 2025) |
| Reason for the revision | The difference from the forecast resulted from intensified price competition and a shortfall in the number of revenue passengers for business revenue, cost increases due to inflation and other factors despite cost controls for operating income, foreign exchange gains for ordinary income, and the recording of gains on the sale of fixed assets for net income. |
| Dividend forecast revision | Previous forecast: Undetermined (－). Revised forecast: ¥7.00 year-end dividend and ¥7.00 total dividend. Actual second-quarter-end dividend: ¥0.00. |
Items this document does not state (2)
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.Business revenue was affected by intensified price competition resulting from stronger promotional activity by domestic airlines and a shortfall in the number of revenue passengers. Although operating income was affected by higher costs due to inflation, reduced government support and increased investment in human resources, it exceeded expectations as a result of reviews of operational activities, optimization of maintenance plans and cost management. Foreign exchange gains were the main factor behind the increase in ordinary income, while gains on the sale of fixed assets were the main factor behind the increase in net income. The dividend was determined after considering uncertainty in the external environment, the strengthening of retained earnings, investment in future growth and funding needs associated with the introduction of new aircraft.