Towards the Sustainable Growth of the Airline Business

President and CEO
Koji Shibata

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

In the second quarter of the fiscal year ending March 2026, solid passenger demand, particularly the successful capture of summer holiday demand, resulted in record-high revenue 1,190.4 billion yen as the first half of the fiscal year. While operating profit decreased from the same period last year to 97.6 billion yen, it is progressing favorably and exceeded our plan, due to market impacts such as fluctuations in fuel prices and exchange rates.

In the passenger service, we anticipate further increases in revenue and profit by continuing to capture robust passenger demand. In the cargo business, we will rapidly advance initiatives to create synergy, including the mutual utilization of resources between ANA and Nippon Cargo Airlines (NCA), which joined the ANA Group on August 1st, the successful acquisition of specialized cargo, and the commencement of joint operations. Consequently, we have revised our full-year consolidated financial forecast upwards.

Furthermore, to resolve constraints on the number of operating aircraft caused by avoiding Russian airspace due to the ongoing situation in Ukraine, delays in the delivery of some new aircraft, and engine modifications, we will suspend AirJapan brand operations on March 28, 2026 (Requires the approval of the relevant authorities). By consolidating aircrafts and human resources into ANA brand operations, we aim to maximize the ANA Group's profitability and competitiveness in the internationalpassenger service.
We will ensure the basic quality, observe safe and on-time operations, and pursue the sustainable growth of our airline business.

We sincerely appreciate your continued support to our ANA Group.

October 2025
President and CEO
Koji Shibata

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