Industries›3 companies · latest full-year results
Industry involved in the air transportation of passengers and cargo via domestic and international networks.
The 3 air transportation companies we cover had combined revenue of ¥4.8T (+11.5% year over year) and operating profit of ¥474.0B, an industry-wide operating margin of 9.8%.
ANA leads on revenue (¥2.5T, a 52.7% share). 3 grew both revenue and operating profit; 0 saw both fall.
Japan Airport Terminal has the highest operating margin (14.3%); average pay across the industry is ¥8.49M, highest at JAL (¥9.49M).
Industry total
Air Transportation · 3 companies
YoY compares companies with prior-year figures
StockShares are +12.1% over a year, behind the all-industry average (+14.9%) — #29 of 53 industries. Over the last month: +2.6%, +5.3pt against the market.Details
GuidanceCompany plans for FY2027 (3 companies combined): revenue +9.0%, operating profit −21.6%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions1 raised and 0 cut this year's forecast. The biggest revision: Japan Airport Terminal (operating profit +2.5%).Details
None
Disclosures1 TSE filings in the last 90 days (M&A and restructuring 1).Details
Earnings dates2 companies report within 30 days, starting with JAL on Nov 2 and Japan Airport Terminal on Nov 6.Details
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q2 cumulative) |
|---|---|---|---|---|---|
| ¥217.4B | ¥150.0B | −31.0% | Unchanged | 59% |
| ¥218.0B | ¥180.0B | −17.4% | Unchanged | 7% |
| ¥38.6B | ¥41.5B | +7.6% | Up +2.5% | 86% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Air Transportation | +2.6% | +1.4% | +12.1% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | +5.3pt | +2.3pt | −2.9pt |
Rank among industries:3M #21/531Y #29/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 2 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥2.5T | +12.3% | ¥217.4B | 8.6% | 52.7% | ¥7.30M | 45.5 | 276 |
| 2 | ¥2.0T | +9.1% | ¥218.0B | 10.8% | 41.7% | ¥9.49M | 39.7 | 14,431 |
| 3 | ¥269.9B | +24.1% | ¥38.6B | 14.3% | 5.6% | ¥8.66M | 40.5 | 314 |
| Industry total / average | ¥4.8T | +11.5% | ¥474.0B | 9.8% | 100% | ¥8.49M | 41.9 | 15,021 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
