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Dividend Information

1. Dividend Policy and the Dividends of FY2023

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.

Based on the consolidated financial results for the full year and the outlook for cash flow generation capacity in the future, we have decided to pay a year-end dividend of 45 yen per share, which makes the annual dividend of 75 yen per share.

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  Interim Dividend Year-End-Dividend Total
FY / March 2024 JPY 30.00 JPY 45.00 JPY 75.00
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2. Fixed Date of Year-End Dividend Payout and Starting Date of Payout

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Fixed Date of Payout March 30, 2024
Starting Date of Payout June 19, 2024
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3. Dividend (Forecast)

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  Interim Dividend Year-End-Dividend Total
FY / March 2025 JPY 40.00 JPY 40.00 JPY 80.00
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We forecast a dividend of 80 yen per share for the fiscal year ending March 31, 2025, including an interim dividend of 40 yen per share, as we expect an increase in both revenue and profit mainly due to an increase in domestic passenger revenue from a further rise in revenue per passenger and an increase in international passenger revenue from a recovery in outbound demand from Japan.
Going forward, we will strive to achieve our basic policy of a continuous and stable shareholder return, that is in line with our business recovery.

4. Dividend (Result)

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  Interim Dividend Year-End-Dividend Total
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)
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*1 JAL undertook a two-for-one stock split of its common shares as of October 1, 2014, and each dividend recalucurated as such.

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