Dividend Information
1. Dividend Policy and the Dividends of FY2025
The JAL Group regards shareholder returns as one of its most important management matters. Our fundamental policy is to actively implement shareholder returns through continuous and stable dividends and flexible acquisition of treasury shares, while securing internal reserves for making investments for corporate growth and adapting to changes in the business environment, to build a strong financial structure.
The dividend amount is determined with the aim of maintaining a dividend payout ratio of approximately 35%, while emphasising on continuity, stability, and predictability.
For the fiscal year ended March 31, 2026, despite the fact that the earning results exceeded the consolidated financial results forecast for the full year announced on March 2, 2026, we decided to maintain the year-end dividend to 50 yen per share and the annual dividend to 96 yen per share, considering the current Middle East situation.
| Interim Dividend | Year-End Dividend | Total | |
|---|---|---|---|
FY / March 2026 |
JPY 46.00 | JPY 50.00 | JPY 96.00 |
2. Fixed Date of Year-end Dividend Payout and Starting Date of Payout
| Fixed Date of Payout | March 31, 2026 |
|---|---|
| Starting Date of Payout | June 24, 2026 |
3. Dividend (Forecast)
| Interim Dividend | Year-End Dividend | Total | |
|---|---|---|---|
| FY / March 2027 | JPY 48.00 | JPY 48.00 | JPY 96.00 |
Based on the full-year consolidated financial forecast for the fiscal year ending March 31, 2027, outlined in the ''JAL Group Management Vision 2035'' announced on March 2, 2026 (Consolidated revenue: 2,095 billion yen, EBIT: 180 billion yen, Net profit: 110 billion yen), we forecast an annual dividend of 96 yen per share, including an interim dividend of 48 yen per share.
4. Dividend (Result)
| Interim Dividend | Year-End Dividend | Total | |
|---|---|---|---|
| FY / March 2026 | JPY 46.00 | JPY 50.00 | JPY 96.00 |
| FY / March 2025 | JPY 40.00 | JPY 46.00 | JPY 86.00 |
| FY / March 2024 | JPY 30.00 | JPY 45.00 | JPY 75.00 |
| FY / March 2023 | - | JPY 25.00 | JPY 25.00 |
| FY / March 2022 | - | - | - |
| FY / March 2021 | - | - | - |
| FY / March 2020 | JPY 55.00 | - | JPY 55.00 |
| FY / March 2019 | JPY 55.00 | JPY 55.00 | JPY 110.00 |
| FY / March 2018 | JPY 52.50 | JPY 57.50 | JPY 110.00 |
| FY / March 2017 | - | JPY 94.00 | JPY 94.00 |
| FY / March 2016 | - | JPY 120.00 | JPY 120.00 |
| FY / March 2015 | - | JPY 104.00 | JPY 104.00 |
| FY / March 2014 | - | JPY 160.00 (*1JPY 80.00) |
JPY 160.00 (*1JPY 80.00) |
| FY / March 2013 | - | JPY 190.00 (*1JPY 95.00) |
JPY 190.00 (*1JPY 95.00) |
- JAL undertook a two-for-one stock split of its common shares as of October 1, 2014, and each dividend recalucurated as such.