Top Message

TOTTORI Mitsuko
Representative Director, President
Chief Executive Officer
Japan Airlines Co., Ltd
Feb, 2025
We would like to express our gratitude to our shareholders and investors for their continued support.
The JAL Group is promoting business model reforms to restructure its business portfolio, based in part on its experience with the COVID-19 pandemic.
We aim to increase overall Group profits by improving profitability in existing areas such as "Full Service carrier (FSC)" and "cargo and mail-service operations" and by expanding growth areas such as "LCC business" and "non-airline domains”.
In the consolidated financial results for the third quarter of FY2024 announced on February 4, 2025, we achieved an increase in both revenue and profit year-on-year. Revenue increased year-on-year in all business areas, reaching JPY 1,385.9 billion (increase of 11% year-on-year), EBIT was JPY 144.2 billion (increase of 12% year-on-year), and net profit was 91.0 billion yen (increase of 6% year-on-year), the achievement of the full-year performance forecast is on track. In addition, the third quarter alone was the highest profit since re-listing. "Full Service Carrier (FSC) business" captured strong international passenger demand, and "Cargo and mail-service business" utilized freighters, both of which significantly increased sales. "LCC Business" achieved a large increase in both revenue and profit year-on-year by expanding the network from NARITA airport. In addition, "Non-Airline Business" achieved a significant increase in profit due to the expansion of services that make it easier to save up and use Miles and significant expansion contracts with foreign airlines compared to the previous year.
Regarding the allocation of management resources, we enhance ESG investments, including investments in environmental responsiveness and human resources, in order to complete the Medium Term Management Plan and achieve further sustainable growth and development. To realize continuous and stable shareholder returns, the annual dividend forecast for FY2024 is 80 yen per share (dividend payout ratio: approximately 35%).
The JAL Group will continue to place the ESG strategy at the top priority, creating relationships and societal connections through air transportation and enhancing corporate value for a sustainable future. We look forward to your continued support.