ANA Group's Financial Highlights

FY2025 Financial Results

In the environment of the airline business, passenger demand is increasing, despite concerns about geopolitical risks such as the situation in the Middle East region and Ukraine.
Under these social and economic conditions, revenues increased mainly in the airline business, resulting in operating revenue of ¥2,539.2 billion (up 12.3% year-on-year). Operating income was ¥217.4 billion (up 10.6% yearon-year), ordinary income was ¥219.6 billion (up 9.8% year-on-year), and net income attributable to owners of the parent of ¥169.0 billion (up 10.5% year-on-year).

Consolidated Financial Summary (Years ended March)

Consolidated Financial Summary (Billion yen)

	FY2024 (Results)	FY2025 (Results)	Difference	Change (%)
Operating Revenues	22,618	25,392	2,773	12.3
Operating Expenses	20,652	23,217	2,565	12.4
Operating Income	1,966	2,174	207	10.6
Non-Op. Gains/Losses	34	22	12	35.8
Recurring Income	2,000	2,196	195	9.8
Extraordinary Gains/Losses	35	38	73
Net Income	1,530	1,690	160	10.5
EBITDA*1	3,452	3,864	411	11.9

1. *1.EBITDA = Op. Income + Depreciation and Amortization

Operating Income and Net Income

FY2026 Earnings Forecast (Announced on April 30, 2026)

Regarding the future economic outlook, it is expected that the Japanese economy will continue to experience a gradual recovery with improvements in employment and income conditions and the effects of various policies. On the other hand, in addition to U.S. trade policies, the impact of the situation in the Middle East is significant, and it is necessary to pay attention particularly to trends in the supply and prices of fuel, which is essential for flight operations.
Under these circumstances, the ANA group will steadily execute its strategy as the first year of the "FY2026-2028 ANA Group Medium-term Corporate Strategy" announced on January 30, 2026. By "expanding the connection between people and product" and "expanding the ANA Group fan base" we will create economic and social value, and work towards achieving our management vision of "Uniting the World in Wonder". We will accelerate growth investments by designating DX, human resources, and aircraft as our three priority areas, promote profit growth mainly in international passenger services and cargo services, and enhance shareholder value by linking these results to stock price increases and dividends.

Unit: million yen (rounded down)

Consolidated Financial Forecast	Forcast for FY2026	FY2025	Differnce
Operating revenues	27,700	25,392	2,308
Operating income	1,500	2,174	674
Ordinary income	1,370	2,196	826
Net income attributable to owners of the parent	960	1,690	730