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. 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The major shareholder Qantas Group intends to transfer all shares. Completion is scheduled for June 2027.","jir_summary":"### Background of Considering Shareholder Structure Change\nJetstar Japan Co., Ltd. (JJP) has grown into the largest domestic low-cost carrier based at Narita International Airport. Aiming for swift decision-making tailored to the Japanese aviation market environment and sustainable growth, the major shareholder Qantas Group is considering transferring all its shares. With the new participation of Development Bank of Japan (DBJ) as a shareholder, the shareholder structure will shift to being led by domestic capital, aiming to enhance corporate value through expanding international flight networks and capturing inbound demand.\n\n### Future Schedule and Impact\nFinal agreements on the shareholder agreement and brand transition are scheduled for July 2026, with a new brand announcement in October 2026, and completion of share transfer procedures and brand transition planned for June 2027. However, these may change depending on future discussions and approvals from relevant authorities. The impact on Japan Airlines\u2019 consolidated financial results is expected to be minimal.","jir_financial_highlights":"Operating Revenue (Fiscal Year Ending June 2025): 74,940 million JPY (Year-over-Year +5,168 million JPY (up from 70,772 million JPY in FY June 2024))\nOperating Income (Fiscal Year Ending June 2025): 1,578 million JPY (Year-over-Year +2,908 million JPY (turned profitable from \u25b31,330 million JPY in FY June 2024))\nNet Income Attributable to Owners of Parent (Fiscal Year Ending June 2025): \u25b31,543 million JPY (Year-over-Year \u25b32,050 million JPY (fell into loss from 507 million JPY in FY June 2024))\nNumber of Shares Outstanding: 29,980,000 shares (Unknown)\nMajor Shareholders' Ownership Ratio (Japan Airlines): 50.00% (Unknown)","jir_category":"","jir_hashtags":"#JapanAirlinesCoLtd, #M&A, #ShareholderStructureChange","jir_key_figures":"Operating Revenue (Fiscal Year Ending June 2025): 74,940 million JPY (Year-over-Year Increase)\nOperating Income (Fiscal Year Ending June 2025): 1,578 million JPY (Turned Profitable YoY)\nNet Income Attributable to Owners of Parent (Fiscal Year Ending June 2025): \u25b31,543 million JPY (Turned to Loss YoY)","jir_meta_title":"Japan Airlines Announces Commencement of Consideration for Change in Jetstar Japan Shareholders; Completion Scheduled for 2027","jir_meta_description":"Japan Airlines has initiated consideration to change the shareholder structure of equity-method affiliate Jetstar Japan. With participation from Development Bank of Japan, the structure will shift to domestic capital leadership, scheduled to complete in June 2027.","jir_og_title":"Japan Airlines Announces Commencement of Consideration for Change in Jetstar Japan Shareholders","jir_og_description":"Japan Airlines has begun considering changes in the shareholder structure of Jetstar Japan. Major shareholder Qantas Group intends to transfer all shares, scheduled for completion in June 2027.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7492,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-23335","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n