ANA HOLDINGS Financial Results
for the Three Months Ended June 30, 2026

  • • Operating revenue reached 672.7 billion yen, achieving a record high for the first quarter, driven by strong performance primarily in the air transportation business.
  • • International operations lifted results in both passenger and cargo. Operating revenue from international passenger services increased 20% year over year, as ANA captured strong inbound and outbound demand to and from Japan. International cargo, operating revenue reached 2.6 times the prior-year level, achieved by optimizing the network with Nippon Cargo Airlines Co., Ltd. (NCA), which was consolidated from the second quarter of the previous fiscal year, and by maximizing the capture of AI-related demand.
  • • Meanwhile, operating income reached 20.7 billion yen. While operating expenses increased, by fuel costs, ANA maximized revenue and offset much of this impact through dynamic pricing.

TOKYO, July 29, 2026 - ANA HOLDINGS INC. (hereinafter "ANA HD") today reports its financial results for the three months ended June 30, 2026.

"ANA Holdings delivered a substantial first-quarter operating revenue of 672.7 billion yen, driven by strong demand in both our international passenger and cargo businesses," said Kimihiro Nakahori, Chief Financial Officer of ANA Holdings. "Despite higher fuel costs, our disciplined revenue management, including flexible pricing, helped deliver solid profitability. Looking ahead, we remain focused on executing our strategy and achieving our full-year profit plan while remaining agile in responding to changes in the operating environment."

Consolidated Financial Performance of ANA Holdings

Performance by Business Segment

Air Transportation

  • International Passenger Service (ANA)
  • ・Passenger numbers and operating revenue both rose above prior-year levels, as ANA captured strong inbound travel demand and outbound leisure demand from Japan.
  • ・ANA flexibly adjusted capacity to match demand, adding flights in peak periods including the Narita=Bangkok route from April and the Narita=Vancouver route from June.
  • ・ANA's new Business Class seat, 'THE Room FX,' awarded at the Crystal Cabin Awards, for the aircraft interior industry's leading international competition, recognized for its innovative structure, comfort, and improved fuel efficiency delivered by its lighter weight.
  • Domestic Passenger Service (ANA)
    • ・Passenger numbers and operating revenue rose above prior-year levels, by capturing early leisure demand driven by the "Domestic Flight Ticket Time Sale."
    • ・ANA captured leisure demand by adding flights, particularly during the Golden Week holiday period, while overall domestic capacity fell below the previous year.
    • ・To meet the various needs of ANA customers, ANA renewed its fare structure for flights on or after May 19, introducing three categories: the price-focused "Simple," the basic "Standard," and the fully flexible "Flex."
    • ・ANA will continue enhancing the customer experience through improving its services.
  • Cargo Service (ANA/ NCA)
    • ・For international cargo, both volume and operating revenue exceeded the prior year levels, driven by semiconductor-related demand and by a recovery in North America demand, which had been effected by US tariff policies in the previous year.
    • ・ANA and NCA optimized their combined cargo networks such as increasing flights on the Narita=Chicago O'Hare route, to capture cargo demand between Asia, Europe and North America.
    • ・ANA Cargo Inc., Nippon Cargo Airlines Co., Ltd. (NCA), and NCA Japan Co., Ltd. - are planned to merge into a single entity on April 1, 2027. Joint management of cargo space has already begun and the group will progressively consolidate its overseas sales structure and warehouse operations.
  • Peach
    • ・Both passenger numbers and operating revenue exceeded prior-year levels, supported by steady inbound travel and leisure demand.
    • ・Peach expanded its operational scale year over year, adding domestic flights on the Kansai=Sapporo (New Chitose) and the Kansai=Naha route, as well as launching international flights on the Kansai=Gimpo and the Chubu Centrair=Gimpo route in August 2025.
    • ・Peach also introduced aircraft with Airbus's latest cabin specification, Airspace, increasing overhead bin capacity and improving in-flight comfort. At Kansai International Airport, Peach added automated bag drop machines and the next-generation security screening equipment ("smart lanes") to speed up the customer journey and ease congestion at security checkpoints.
  • Others (Air Transportation)
    • ・Other operating revenue in the air transportation segment reached 50.0 billion yen, up 6.4% year over year from 47.0 billion yen in the previous year. This includes mileage-related revenue, in-flight sales revenue, and maintenance contract revenue.

Airline Related, Travel Services, Trade and Retail

  • ・Airline Related：Both operating revenue and operating income rose above prior-year levels, driven by higher international express cargo volumes and expanded in-flight catering operations forforeign airlines.
  • ・Travel Services：Handling volume for overseas destinations such as Hawaii fell below the previous year, and domestic volume decreased due to lower demand forcore dynamic package products. Even so, disciplined cost management and other measures returned the business to an operating profit.
  • ・Trade and Retail：Rising passenger demand lifted sales performance of "ANA DUTY FREE SHOP" and airport retail store "ANA FESTA,"while sales of airport security equipment and other items remained solid. Nevertheless, operating income fell below previous year levels, weighed down by higher personnel costs and other expensses.

Consolidated Balance Sheet

Consolidated Statement of Cash Flow

Outlook for FY2025 (April 2026 - March 2027)

ANA HD maintains its consolidated financial forecast for FY2026, presented on April 30, 2026.

Consolidated Financial Forecast

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

About ANA HOLDINGS Inc.
Established in 2013, ANA HOLDINGS Inc. (ANA HD) is the largest airline group holding company in Japan, comprising 72 companies.

The group includes full-service carrier All Nippon Airways (ANA) and Peach Aviation Limited, the leading low-cost carrier in Japan.

ANA HD oversees a diverse portfolio of businesses centered on air transportation, including passenger and cargo operations and companies that support the broader aviation industry. Through its group companies, ANA HD is focused on delivering safe, high-quality air travel, advancing sustainable growth and maintaining operational excellence.

The group's commitment to superior service is reflected in ANA's SKYTRAX 5-Star rating, awarded annually since 2013, making it the only Japanese airline to earn this prestigious designation for 13 consecutive years.

ANA HD has been recognized by Fortune as one of the World's Most Admired Companies. The group has also been included in the Dow Jones Best-in-Class World Index for nine consecutive years and the Dow Jones Best-in-Class Asia Pacific Index for ten consecutive years, reflecting its commitment to responsible business practices.
For more information about ANA and ANA HD, please visit: https://www.ana.co.jp/group/en/