ANA HOLDINGS Financial Results
for the Year Ended March 31, 2025

  • • Revenue for Fiscal Year 2024 (April 1, 2024 - March 31, 2025; hereinafter the "year ended March 31, 2025") totaled 2,261.8 billion yen, a record high surpassing the previous fiscal year by 205.9 billion yen.
  • • Operating income was 196.6 billion yen, 16.6 billion yen higher than the revised and raised full-year forecast in February.
  • • International revenue, with strong demand to Japan, reached a record high of 805.5 billion yen, due to the three new routes, the Haneda=Milan, Stockholm and Istanbul launched since the last December.
  • • The dividend will be increased to 60 yen per share as we have exceeded our original profit plan.
  • • We plan operating revenue of 2,370.0 billion yen for the fiscal year ended March 31, 2026, which is the highest among the past.
  • • Operating income is planned at 185.0 billion yen for the year ended March 31, 2026. Meanwhile the company's actual profit generative capacity is growing steadily, when excluding the impact of exemptions and subsidies for airport fees and fuel, and engine compensations. We also plan net income of 122.0 billion yen, the same amount as the target of the mid-term plan, and will make continuous efforts in order to return to a growth trajectory and further enhance profitability.

TOKYO, April 30, 2025 -ANA HOLDINGS INC. (hereinafter "ANA HD") today reports its financial results for the year ended March 31, 2025.

Kimihiro Nakahori, Executive Vice President and Group Chief Financial Officer stated: "We deeply appreciate the unwavering commitment of our team in consistently elevating the customer experience across all segments of our company. The trust our passengers place in us is equally important and both have significantly contributed to our financial achievements of this fiscal year. These results underscore the efforts we have undertaken over the past several years and now form an integral part of our mid-year strategy to strategically position the ANA Group for sustained growth in the years ahead".

Air Transportation
Supported by strong inbound demand and leisure demand, both international and domestic passengers service performed well, and revenue increased from the previous year to 2,058.7 billion yen (up 10.1% from the previous year). Operating income was 199.1 billion yen (down 4.3% from the previous year), decreased due to increased expenses mainly in maintenance and personnel costs.
As a result of the continued focus on providing the best customer service, ANA Group has been recognized by SKYTRAX for 12 consecutive years with a 5-Star rating, the highest rating in customer satisfaction. In addition, ANA Group received the "WORLD CLASS" award, the highest rating, for the first time from APEX, a non-profit organization, for the provision of high-quality services, and the "2025 Airline of the Year Award" from Air Transport World magazine for its outstanding performance and progressive services.

  • 1. International Passenger Service (ANA)
    • ・Both the number of passengers and revenue increased from the previous year as North American and European routes performed well as ANA proactively captured leisure and business demand for inbound travel to Japan as well as leisure and business demand originating from Japan.
    • ・ANA inaugurated the Haneda=Milan route in December, the Haneda=Stockholm route in January this year, and the Haneda=Istanbul route in February. Also, ANA resumed the Haneda=Vienna route in August and the Narita=Perth route in October.
  • 2. Domestic Passenger Service (ANA)
    • ・Both passenger volume and revenue increased over the previous year as a result of the "ANA SUPER VALUE" sale to stimulate leisure demand at an early stage and proactive control of fares in a timely manner.
    • ・For the route network, the Haneda=Noto route was resumed to 2 round trips per day starting in December, and extra flights were set up mainly during the summer vacation period and the New Year holidays to capture leisure demand.
    • ・In December, ANA began operating the "EXPO2025 ANA JET," a specially designed aircraft commemorating the Expo 2025 Osaka, Kansai, Japan. We introduced the latest model of security screening machines (Smart Lane) at Fukuoka Airport, in addition to Haneda and Osaka, to ease congestion at baggage checkpoints, and renovated the premium check-in counter at Haneda Airport to improve convenience for premium members.
  • 3. Cargo Service (ANA)
    • ・ For international cargo service, both freight carried and revenues increased from the previous year due to strong demand for tri-nation trade from Asia and China to North America, as well as enhanced transportation of high value-added commercial products, etc.
    • ・For the route network, ANA worked to ensure profitability by flexibly adjusting routes of freighter and its capacity based on demand trends. Also, ANA operated charter flights for other airlines starting in August.
    • ・To provide additional capacity at Narita Airport, new cargo facilities were started service in October. In addition to improving work efficiency by consolidating facilities and introducing unmanned vehicles, we worked to improve the cargo quality by expanding temperature-controlled facilities and other measures.
  • 4. Peach・AirJapan
    • ・Revenue for Peach increased from the previous year due to the contribution of the expansion of international flights, while domestic passenger volume declined from the previous year due to the allocation of aircraft and other resources to international flights in order to capture strong demand for inbound travel to Japan. The Kansai=Singapore route was launched in December, and extra flights were set up throughout the year in response to demand trends.
    • ・AirJapan, a new brand launched in February 2024, operates the Narita=Bangkok, the Narita=Incheon, and the Narita=Singapore routes. To help promote awareness of the airline, AirJapan conducted the "AirJapan Summer Sale" and other events to stimulate demand to/from Japan, and started 2D barcode payment for air tickets in Japan as well as in Thailand and South Korea.
  • 5. Others
    • ・Other revenue from the Air Transportation business was 180.3 billion yen, up 5.2% year-on-year. This includes revenue from the mileage program, in-flight sales revenue, revenue from maintenance contracts and other sources.

Airline Related, Travel Services, Trade and Retail, and Others

  • 1. Airline Related
    • ・With recovered operational capacity and additional capacity by foreign airlines, there was an increase in contracts for airport ground support services and in-flight catering-related services. In addition, revenue increased from the previous year due to factors such as an increase in the volume of international cargo. However, operating income fell below the previous year's level due to an increase in system-related expenses. As a result, revenue increased to 337.2 billion yen (up 12.9% year-on-year) and operating income was 4.0 billion yen (down 40.4% year-on-year).
  • 2. Travel Services
    • ・For overseas travel, revenue increased from the previous fiscal year due to strong sales of "Dynamic Package" products, especially for Hawaii, as well as steady demand for European destinations, including our new destinations. For domestic travel, sales fell below the previous year's level mainly due to sluggish growth in the number of customers attracted by "Dynamic Package" products. The number of members of the mobile payment service "ANA Pay" exceeded one million in November. In January of this year, we improved the functionality of "ANA Pay" to make it easier for customers to use small amounts of miles in everyday situations, and enhanced customer convenience. As a result, revenue was 73.5 billion yen (down 6.3% year-on-year) and operating income was 0.1 billion yen (down 85.9% year-on-year).
  • 3. Trade and Retail
    • ・Revenue exceeded the previous year mainly due to strong sales at the "ANA DUTY FREE SHOP" and the "FUJISEY" souvenir wholesale shops, which were driven by increased demand from both Japan inbound and domestic passengers. However, operating income was slightly lower than the previous year, mainly due to an increase in personnel costs. As a result, revenue increased to 129.9 billion yen (up 10.2% year-on-year) and operating income was 4.5 billion yen (down 0.2% year-on-year).
  • 4. Others
    • ・Both revenue and operating income increased from the previous year due to increased transaction volume in the airport facility maintenance and management business, and real estate-related business. As a result, revenue increased to 45.5 billion yen (up 10.4% year-on-year) and operating income was 1.1 billion yen (up 110.8% year-on-year).

Outlook for FY2025 (April 2025 - March 2026)

  • ・We plan revenue of 2,370.0 billion yen, which is the highest among the past, due to continued strong passenger demand and high unit price levels.
  • ・Operating income is planned at 185.0 billion yen. Meanwhile the company's actual profit generative capacity is expected to grow steadily, when excluding the impact of exemptions and subsidies for airport fees and fuel, and engine compensations.
  • ・In addition, we plan to achieve ordinary income of 175.0 billion yen and net income of 122.0 billion yen, the same amount as the targets set forth in the " Mid-Term Corporate Strategy for FY2023-2025," and we will make continuous efforts in order to return to a growth trajectory and further enhance profitability.

The consolidated financial forecast for the fiscal year ending March 31, 2026, is as follows. ANA HD will continue a dividend of 60 yen per share.

  • Contact:
    ANA Corporate Communications, TEL +81-3-6735-1111, publicrelations@ana.co.jp

About ANA HOLDINGS
ANA HD was established in 2013 as the largest airline group holding company in Japan, comprising 71 companies.
It offers three distinct airline brands: ANA, Peach, the leading LCC in Japan, and AirJapan, launched in 2024 for international routes covering Asia.

ANA's legacy of superior service has earned SKYTRAX's 5-Star rating every year since 2013, making it the only Japanese airline to win this prestigious designation for 12 consecutive years.

ANA is also a four-time recipient of the ATW Airline of the Year award, recognized for excellence in aviation.

ANA HD has been selected as a member of the Dow Jones Sustainability World Index list for eight consecutive years and the Dow Jones Sustainability Asia Pacific Index list for nine consecutive years.
For more information about ANA and ANA HD, please visit: https://www.ana.co.jp/group/en/