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Profits Continue at ANA
- first half results show five consecutive quarters of profitable operations
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| Tokyo October 29, 2004 -- ANA Group today announced its financial results
for the first six months of fiscal 2004 (April 1 – September 30), posting
a consolidated net profit of ¥29.8 billion, up ¥9.3 billion or 45.3% compared
with the same period last year, and marking a fifth successive quarter of profitable
operations. |
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| Revenue for the period was ¥659.4 billion, operating profit ¥59.7
billion and recurring profit ¥53.1 billion. These figures show a significant
year-on-year improvement of ¥51.1 billion, ¥45.3 billion and ¥38.7
billion, respectively. |
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| The ANA Group is comprised of more than 100 air transportation, travel-related
and other businesses. On a consolidated air transportation segment basis, a revenue
of ¥546.5 billion and an operating profit of ¥54.1 billion were posted
for the six-month period. The five airlines within ANA Group* carried 24.5 million
passengers over 29.2 billion Revenue Passenger Kilometers (RPK), which breaks
down into 22.5 million domestic and 2 million international passengers over 19.6
billion RPKs and 9.6 billion RPKs respectively. |
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| The entire network performed well, with Europe and North America routes producing
particularly strong results, as evidenced by an average load factor in excess
of 80%. Leisure travel demand to China returned to pre-SARS levels from the summer;
business demand had rebounded strongly at the end of the crisis last year. Overall,
a 36.6% increase in passenger numbers and a ¥24.4 billion increase in revenue
were reported for Chinese routes compared with the previous year. |
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| Domestically, passenger numbers were down 1.3% as ANA cut the number of available
seats by 4.7%; however, revenues rose by 2.5 % or ¥8.3 billion yen year-on-year.
Among other factors, this can largely be attributed to the introduction of the
FAM (Fleet Assignment Model) system, which matches aircraft-size to passenger
demand, and also to the Passenger Revenue Optimization System (PROS), which assigns
fares per seat according to demand. |
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| Despite revenue and passenger growth, rising oil prices will significantly
increase ANA’s operating costs over the remainder of the financial year.
Therefore no change will be made to the previously announced consolidated forecast
for fiscal 2004 of a net profit of ¥14 billion, on revenue of ¥1.26 trillion
and a recurring profit of ¥29.0 billion. |
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| *ANA (All Nippon Airways), ANK (Air Nippon), AJX (Air Japan), A-Net (Air Nippon
Network), ADK (Air Hokkaido) |
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(Please use this attachment for viewing on your computer.)
 First
Half Results for Financial 2004 PDF(126kb)
(Please use this attachment for printing purposes.)
First
Half Results for Financial 2004 PDF(140kb) |
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