Skymark announced its financial results for the fiscal year ending March 2025. The net profit was 2,146 million yen.
Revenue was 108,893 million yen, operating profit was 1,826 million yen, and ordinary profit was 760 million yen.
Due to the revaluation of foreign currency-denominated assets and liabilities at the exchange rate as of the fiscal year-end, a foreign exchange loss of 1,644 million yen was recorded.
Amid strong passenger demand, Skymark worked to maintain occupancy rates while raising prices, resulting in higher-than-expected revenues in the fourth quarter. Costs for business trips and outsourcing were controlled. The net profit exceeded expectations due to the recording of corporate tax adjustment amounts for deferred tax assets. The year-end dividend is set at 3 yen (previous dividend was 29 yen).
For the fiscal year ending March 2026, Skymark forecasts revenue of 117,300 million yen, operating profit of 2,000 million yen, ordinary profit of 2,100 million yen, and net profit of 1,200 million yen. Assumptions include an exchange rate of 150 yen to 1 U.S. dollar and a Dubai crude oil price of 75 U.S. dollars per barrel. After hedging, the exchange rate is expected to be 142.1 yen to 1 U.S. dollar, with Dubai crude oil priced at 75.1 U.S. dollars per barrel.
Notice
This article was generated using automatic translation by GPT-4 API. The translation may not be accurate.
