#JapanAirlinesCoLtd

For the fiscal year ending March 2027, revenue is forecasted at 2.095 trillion JPY, EBIT at 180 billion JPY, and net income attributable to owners of the parent at 110 billion JPY. Dividends are planned to remain unchanged at an annual 96 JPY per share.

Revised upward the full-year consolidated earnings guidance for the fiscal year ending March 2026 to revenue of 2 trillion yen (up 1.2% from previous), EBIT of 205 billion yen (up 2.5%), and net income attributable to owners of parent of 123 billion yen (up 7.0%); annual dividend forecast also increased to 96 yen.

Japan Airlines Co., Ltd. has finalized the executive structure effective from April 1, 2026, announcing personnel changes for directors, auditors, and executive officers. The appointments of new directors and auditors as well as scheduled retirements have been disclosed.

From February 1 to 5, 2026, the Company acquired 546,200 shares of treasury stock totaling JPY 1,647,126,350, and the acquisition based on the October 30, 2025 board resolution has been completed.

For the third quarter of the fiscal year ending March 2026, revenue was JPY 1,513.7 billion (9.2% YoY increase), ordinary income before financial and corporate income taxes was JPY 179.1 billion (24.2% YoY increase), and net income attributable to owners of parent for the quarter was JPY 113.7 billion (24.9% YoY increase).

Japan Airlines Co., Ltd. has begun considering changes to the shareholder structure of equity-method affiliate Jetstar Japan with the participation of Development Bank of Japan. The major shareholder Qantas Group intends to transfer all shares. Completion is scheduled for June 2027.

Acquired 1,670,600 shares of treasury stock from December 1 to December 31, 2025, at a total acquisition price of 4,827,638,150 yen. The cumulative number of shares acquired stands at 4,306,900 shares, with a total acquisition cost of 12,485,833,700 yen.