Skymark Reports ¥1.634 Billion Net Profit for First Half of Fiscal 2026

Skymark Reports ¥1.634 Billion Net Profit for First Half of Fiscal 2026

Skymark has announced its interim financial results for the fiscal year ending March 2027 (April to September 2026). Net profit totaled ¥1.634 billion, up 243.8% year on year.

Operating revenue was ¥59 billion, up 7.5% year on year; operating profit was ¥1.629 billion, up 34.3%; and ordinary profit was ¥1.18 billion, up 140.2%.

The number of revenue passengers was 4,197,132, up 6.1% year on year, while the average fare was ¥13,601, up 0.8%. Passenger demand remained strong, as a weaker yen and rising costs of overseas travel prompted a shift in demand from international travel to domestic travel in Japan. The company said its revenue management, which balanced fares and the number of revenue passengers, also proved effective. Skymark also recorded an extraordinary gain of ¥462 million from the sale of fixed assets related to a sale-and-leaseback transaction involving spare aircraft engines.

Skymark has maintained its full-year forecast: operating revenue of ¥120.8 billion, up 9.4% from the previous fiscal year; operating profit of ¥1.5 billion, down 16.7%; ordinary profit of ¥800 million, down 72.5%; and net profit of ¥800 million, down 51.2%.

⇒For more information

Notice
This article was generated using automatic translation by GPT-4 API.
The translation may not be accurate.