Top Message

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

May, 2025

We would like to express our gratitude to our shareholders and investors for their continued support.

We have been steadily implementing the 5-year Medium Term Management Plan formulated in FY2021, aiming for recovery from the COVID-19 pandemic, rebuilding of our financial foundation, business restructuring to achieve sustainable growth, solving social issues through our business.
For the full year of FY2024, we have achieved our target: EBIT was 172.4 billion yen and net profit was 107.0 billion yen, and we have proposed a year-end dividend of 46 yen per share and a proposed annual dividend of 86 yen per share.

In March of this year, we formulated the “JAL Group Medium-Term Management Plan FY2021-2025 Rolling Plan 2025”, considering the current environmental changes toward the final year of the current medium term management plan, FY2025.
By achieving our management goals, we will complete the current plan and will lead to further growth beyond FY2026.
Our earnings forecast for FY2025 is Revenue of 1,977 billion yen (increase of 7% year-on-year), EBIT of 200 billion yen (increase of 16% year-on-year), net profit of 115 billion yen (increase of 7% year-on-year), and annual dividends of 92 yen (including an interim dividend of 46 yen, dividend payout ratio of approximately 35%) to ensure a continuous and stable shareholder return.
Capital financing will strengthen our financial base and increase the flexibility of our management resource allocation. We will promote investment for growth and strive to increase shareholder returns, including share buybacks.

The JAL Group will continue to work on enhancing corporate value continuously by concentrating the value-creation power of each employee, with safe operation as the utmost priority.