(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.
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Contact Information: Contact ANA Public Relations +81-(0)3-6735-1111