Notice Regarding Full-Year Consolidated Earnings Forecast and Dividend Forecast for the Fiscal Year Ending March 2027

Overview of Earnings Forecast

The full-year consolidated earnings forecast for the fiscal year ending March 2027 projects revenue at 2.095 trillion JPY, factoring in increased unit prices in domestic passenger revenue, continued inbound demand, and recovery in Japan-origin international passenger revenue. Conversely, operating expenses are expected to increase due to the impact of a weaker yen, rising prices, and investments in human resources. EBIT is forecasted at 180 billion JPY, and net income attributable to owners of the parent at 110 billion JPY. Although a decrease in profits is expected year-over-year, revenue is anticipated to increase.

Dividend Forecast and Shareholder Return Policy

The dividend is planned at an annual 96 JPY (48 JPY interim, 48 JPY year-end), maintaining the same level as the previous year. Shareholder returns are positioned as a top management priority. While securing internal reserves for future growth investments and strengthening financial structure, the basic policy is to provide continuous and stable dividends along with returns via share buybacks. Despite the forecasted profit decline, the dividend was maintained considering future profit growth.