Top Message

TOTTORI Mitsuko
Representative Director, President
Chief Executive Officer
Japan Airlines Co., Ltd

October, 2025

We sincerely thank our shareholders and investors for their continued trust and support.

First and foremost, we deeply apologize for the concerns and inconvenience caused by an inappropriate alcohol-related incident involving one of our flight crew members in August.

Under the theme of “Recovery and Growth from the COVID-19 Pandemic,” the JAL Group has been steadily advancing its business structure reform to diversify beyond a single full-service carrier business model, and these initiatives are progressing well.

For the second quarter of FY2025, our performance showed year-on-year increases with revenue of ¥983.9 billion, EBIT of ¥109.7 billion, and net profit of ¥67.6 billion. Regarding shareholder returns, the interim dividend has been set at ¥46 per share as planned, and in line with our commitment to achieve a total payout ratio target of approximately 50%, we have decided 20 billion yen of share buyback. Going forward, we will continue to enhance capital efficiency while carefully balancing future growth investments, with the goal of actively delivering shareholder returns.

There is no change to the full-year forecast for FY2025 or the planned dividend amount, with revenue expected at ¥1,977.0 billion, EBIT at ¥200.0 billion, net profit at ¥115.0 billion, and annual dividends forecast at ¥92 per share (including an interim dividend of ¥46, with an expected payout ratio of approximately 35%). We remain fully committed to executing this plan and driving further sustainable growth beyond FY2026.

We sincerely ask for your continued support as we strive to enhance corporate value and achieve sustainable growth.