JAL Group formulated a new growth strategy, “JAL Group Management Vision 2035,” aiming for EBIT of over 350 billion yen by 2035, upwardly revised the EBIT forecast for the fiscal year ending March 2026 to 205 billion yen, and plans to increase dividends from 92 yen to 96 yen per 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/9201-20260302-01.pdf","jir_short_summary":"JAL Group formulated a new growth strategy, \"JAL Group Management Vision 2035,\" aiming for EBIT of over 350 billion yen by 2035, upwardly revised the EBIT forecast for the fiscal year ending March 2026 to 205 billion yen, and plans to increase dividends from 92 yen to 96 yen per share.","jir_summary":"### Overview of Management Vision 2035\nJAL Group has formulated the \"JAL Group Management Vision 2035,\" aiming to build a business portfolio resilient to environmental changes, targeting EBIT of 300 billion yen by fiscal year 2030 and over 350 billion yen by fiscal year 2035. As growth investments, including fleet renewal and technology investments to strengthen new business areas, it will strategically allocate more than 2 trillion yen of management resources over the next five years.\n\n### Business Portfolio Transformation and Growth Strategy\nIn the international route business, JAL plans to expand Available Seat Kilometers (ASK) to 1.3 times that of fiscal year 2025, aiming for growth through both full-service carrier (FSC) and low-cost carrier (LCC) models. To meet strong cargo demand between Asia and Europe\/North America, it will expand provision of large cargo aircraft. The Mile & Life business will make strategic investments of 80 billion yen over five years, targeting growth 3.3 times that of fiscal year 2025. In the domestic route business, cost containment through fuel surcharges and operational efficiency will be advanced, targeting EBIT of 60 billion yen and a profit margin above 10% by fiscal year 2028.\n\n### ESG, DX, and Safety Initiatives\nAiming for net zero CO2 emissions by 2050, JAL sets the goal of reducing CO2 emissions by 10% by fiscal year 2030. The company is advancing creation of new businesses in next-generation mobility and constructing the digital platform \"AMOP\u00ae.\" Annual investment of approximately 52 billion yen in human resources and digital transformation (about 260 billion yen over five years) will improve productivity and establish sustainable operational systems. Safety will maintain world-class quality standards with zero major incidents.\n\n### Financial Strategy and Dividend Policy\nJAL targets an EBIT margin above 10% and ROIC above 9%, maintaining an equity ratio around 45%. The dividend payout ratio is set around 35%, with a total shareholder return ratio guideline of 35-50%, strengthening shareholder returns through increased dividends alongside profit growth and flexible share buybacks. Bold investments of about 400 billion yen annually will accelerate growth. The EBIT forecast for fiscal year ending March 2026 was upwardly revised to 205 billion yen, and dividends are planned to increase from 92 yen to 96 yen per share.","jir_financial_highlights":"EBIT (Consolidated Full-Year Earnings Forecast for Fiscal Year Ending March 2026): 205 billion yen (Upward revision)\nAnnual Dividend Forecast (per share): 96 yen (Increase from previous forecast of 92 yen)\nEBIT Target (Fiscal Year 2030): 300 billion yen (Unknown)\nEBIT Target (Fiscal Year 2035): Over 350 billion yen (Unknown)\nStrategic Investment in Mile & Life Business: 80 billion yen (Next 5 years) (3.3 times compared to fiscal year 2025)\nTechnology Investment (Total from 2026 to 2030): Approximately 260 billion yen (Unknown)\nDomestic Route Business EBIT Target (Fiscal Year 2028): 60 billion yen (Unknown)","jir_category":"","jir_hashtags":"#JapanAirlines, #ManagementVision2035, #MediumLongTermManagementPlan, #GrowthStrategy, #DividendIncrease","jir_key_figures":"EBIT Forecast for Fiscal Year Ending March 2026: 205 billion yen (Upward revision)\nEBIT Target for Fiscal Year 2030: 300 billion yen\nEBIT Target for Fiscal Year 2035: Over 350 billion yen\nAnnual Dividend Forecast (per share): 96 yen (Increase from previous forecast of 92 yen)\nStrategic Investment in Mile & Life Business: 80 billion yen (3.3 times fiscal 2025 level, over the next 5 years)\nTechnology Investment (Total from 2026 to 2030): Approximately 260 billion yen\nDomestic Route Business EBIT Target (Fiscal Year 2028): 60 billion yen, Profit Margin Over 10%","jir_meta_title":"Japan Airlines Formulates \"JAL Group Management Vision 2035\" with Target of Over 350 Billion Yen EBIT by 2035 and Dividend Increase","jir_meta_description":"Japan Airlines has formulated the new growth strategy \"JAL Group Management Vision 2035,\" aiming for EBIT exceeding 350 billion yen by 2035, upwardly revising its EBIT forecast for fiscal year ending March 2026 to 205 billion yen, and planning to increase dividends from 92 yen to 96 yen per share.","jir_og_title":"JAL Announces Management Vision 2035, Outlining Growth Strategy and Dividend Increase","jir_og_description":"Japan Airlines has announced a new growth strategy targeting EBIT of over 350 billion yen by 2035, upwardly revising the EBIT forecast for fiscal year ending March 2026, and planning to increase dividends.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":7492,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-32626","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n