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Striving to achieve the targets in our Medium-Term Corporate Strategy

Photo:President and CEO Sinya Katanozaka

 We would like to express our deepest gratitude for the support you have provided.

 First, we would like to express our deepest sympathy to all who have suffered from successive typhoons,the torrential rain in Western Japan during July and Hokkaido Eastern Iburi Earthquake that struck in September. We also sincerely apologize for the substantial inconvenience to our customers and the concerns raised with our shareholders and investors by the flight cancellations due to inspections and maintenance of the Rolls-Royce engines equipped for ANA's Boeing 787 aircraft.

 In the first six months of FY2018, we captured the abundant demand from business travelers originating in Japan and foreign visitors to Japan in our mainstay air transportation business and secured firm cargo demand departing both Japan and overseas . This resulted in record sales for the second quarter. On the other hand, in addition to the increased cost of fuel due to the higher price of crude oil, expenses have also increased because of business expansion, so operating income, ordinary income, and net income attributable to owners of the parent were down compared to the same period in the previous year, but they remained above the levels of the initial plan.

 This year marks the second year of our comprehensive review of safety, quality, and services needed to accomplish our growth strategy, and we are certainly progressing initiatives to solidify the management platform of "Being firm on safety," "Improving quality and service," and "Securing and training personnel." While certainly capturing the firm aviation demand from the third quarter and beyond, we will strive to improve revenues for all of the Group's businesses and to achieve the targets in our Medium-Term Corporate Strategy. We appreciate your ongoing support.

November 2018
President and CEO
Sinya Katanozaka