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Launching ANA Group Medium-Term Corporate Strategy for FY2026-2028

We would like to thank all our shareholders and investors for your support to the ANA Group.

In the fiscal year ended March 31, 2026, passenger demand remained robust.
Furthermore, Nippon Cargo Airlines (NCA), which joined the Group in August 2025, contributed to our earnings. As a result, operating revenues reached \2,539.2 billion and operating income was \217.4 billion, both of which marked record high.
Regarding dividends for our shareholders, we have set the dividend at \65 per share. For the next fiscal year, our basic policy is to maintain stable dividends, and we plan to pay \60 per share, while taking prompt measures to address fuel price spikes and supply concerns stemming from the situation in the Middle East, as well as fluctuations in foreign exchange markets.

For the fiscal year ending March 31, 2027, we expect an increase in revenues but a decrease in profits due to the impact of the current situation in the Middle East.
In the passenger service, we will strengthen our efforts to capture demand. In the cargo service, we will proactively capture cargo between Asia and North America/Europe by leveraging synergies with NCA. We will continue to strive for improved profitability by enhancing productivity and strengthening cost management.
Furthermore, as the first year of our Medium-Term Corporate Strategy, we will accelerate growth investments in key areas—DX, human resources, and aircraft—to drive sustainable profit growth.

ANA received a business improvement order from the Civil Aviation Bureau on April 14, regarding two instances of inappropriate maintenance work that occurred in November 2025. For the ANA Group, which places safety as the foundation of our management and as our social responsibility, we take this situation very seriously. We sincerely apologize to our shareholders and investors for any concern this may have caused. All officers and employees of the Group will once again commit to upholding fundamental quality and ensuring thorough understanding and compliance with laws, regulations, and internal rules, as we strive to regain trust as quickly as possible.

We sincerely appreciate your continued support to our ANA Group.

April 2026
President and CEO
Koji Shibata