SOURCE: All Nippon Airways

October 30, 2009 07:24 ET

ANA Financial Results for the First Half of Fiscal Year 2009

TOKYO--(Marketwire - October 30, 2009) - ANA Group today announced its consolidated half year financial results for the interim period April 1 to September 30, 2009.

1. Consolidated Results for the Second Quarter of Fiscal Year 2009

(1) Consolidated Financial Performance

    (i) Overview
        -- Conditions were extremely challenging during the three-month
           period under review, due to the global recession triggered by
           last year's financial crisis, as well as the spread of H1N1
           influenza (swine flu), which began affecting Japan from
           mid-May.
        -- Under these circumstances, the ANA Group made concerted
           efforts to stimulate leisure demand among individual
           travellers during summer 2009, launching the "ANA Natsu
           no Dai Sakusen" campaign.
        -- We also strove to cut costs, pushing forward with our FY09
           Business Plan and FY09 Emergency Income Recovery Plan.

While we have implemented a range of measures to boost revenues and cut costs, we were unable to offset the slump in demand and fall in unit prices. As a result, we recorded a consolidated operating loss of JPY28.2 billion, a consolidated recurring loss of JPY41.5 billion, and a consolidated net loss for the first half of JPY25.3 billion.

Consolidated Financial Performance
unit: billion yen (rounded down)

                      1H/ 2009 1H/ 2008 change    % Y/Y   2Q/ 2009 change
                      -------- -------- -------- -------- -------- --------
 Revenue                 611.8    753.3   -141.5    -18.8    341.9    -65.8
                      -------- -------- -------- -------- -------- --------
 Operating costs         640.0    703.4    -63.4       -9    327.7    -44.7
                      -------- -------- -------- -------- -------- --------
 Operating profit        -28.2     49.8    -78.1       --     14.1    -21.0
                      -------- -------- -------- -------- -------- --------
 Non-operating
  profit/ loss           -13.2    -10.3     -2.9       --     -6.2     +0.5
                      -------- -------- -------- -------- -------- --------
 Recurring profit        -41.5     39.5    -81.0       --      7.9    -20.5
                      -------- -------- -------- -------- -------- --------
 Extraordinary profit        0     -0.8     +0.8       --     -1.3     +0.3
                      -------- -------- -------- -------- -------- --------
 Net profit              -25.3     22.0    -47.4       --      3.8    -11.5
                      -------- -------- -------- -------- -------- --------


Performance by business segment (consolidated)
unit: billion yen (rounded down)

                  1H/ 2009             1H/ 2008             change
            -------------------- -------------------- --------------------
                      Operating            Operating            Operating
            Revenue    profit     Revenue    profit    Revenue    profit
            --------- ---------- --------- ---------- --------- ----------
Air
 Transport      540.0      -28.7     666.8       48.2    -126.8      -76.9
            --------- ---------- --------- ---------- --------- ----------
Travel           87.5       -0.6     102.4        0.2     -14.8       -0.9
            --------- ---------- --------- ---------- --------- ----------
Others           69.1        0.8      74.8        1.1      -5.7       -0.2
            --------- ---------- --------- ---------- --------- ----------


                  2Q/ 2009             change
            -------------------- --------------------
                      Operating            Operating
             Revenue    profit    Revenue    profit
            --------- ---------- --------- ----------
Air
 Transport      303.2       12.7     -56.0      -20.8
            --------- ---------- --------- ----------
Travel           53.9        0.5      -7.0       -0.2
            --------- ---------- --------- ----------
Others           35.2        0.7      -3.1          0
            --------- ---------- --------- ----------

Note: 72 consolidated subsidiaries, 5 unconsolidated subsidiaries subject to equity method accounting, 19 affiliates subject to equity method accounting.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/6601B_-2009-10-30.pdf

Contact Information

  • Contact
    ANA Public Relations
    +81-(0)3-6735-1111