Japan Airlines (JAL) has announced its interim financial results for the fiscal year ending March 2025. The net profit amounted to ¥49.878 billion, a 19.1% decrease compared to the same period last year.
Revenue was ¥901.817 billion (a 9.9% increase), operating profit before finance and corporate income taxes (EBIT) stood at ¥85.687 billion (a 6.1% decrease), and pre-tax profit was ¥76.301 billion (a 14.4% decrease).
Revenue by segment included ¥336.1 billion from full-service carriers (passenger), ¥40.9 billion from cargo, ¥28.8 billion from LCC (Low-Cost Carrier), ¥52.5 billion from miles/financial & commerce, and ¥65.6 billion from other categories, surpassing the previous year in both aviation and non-aviation businesses.
International passengers saw steady recovery in business demand from Japan and maintained high pricing thanks to strong inbound tourist demand. Domestic passengers slightly exceeded the previous year, despite tourism demand not growing as expected. Cargo and mail significantly surpassed the last fiscal year with the acquisition of high-value-added cargo on international routes and the introduction of cargo-only flights on domestic routes.
For LCCs, ZIPAIR Tokyo saw a 40.6% increase in passenger revenue to ¥35.1 billion, a 25.6% increase in paid passenger numbers to 680,000, and a 1.9% increase in paid seat occupancy to 81.3%, all surpassing the previous year and expanding their operating profit margin. Spring Japan recorded a 53.9% increase in passenger revenue to ¥10.1 billion, a 37.6% increase in paid passengers to 537,000, and a 9.3% increase in seat occupancy to 81.5%, reporting operating profit.
The full-year financial forecast remains unchanged. An interim dividend of ¥40 has been declared, with an expected year-end dividend of ¥40, totaling an anticipated annual dividend of ¥80.
