ANA Group's Financial Highlights

FY2023 Financial Results

Achieving record-high incomes

• Despite concerns about geopolitical risks in Ukraine and the Middle East, the passenger travel demand in the airline business continues to show signs of recovery.
  Against this backdrop the ANA Group's operating revenues increased from the previous year reaching ¥2,055.9 billion (up 20.4% year-on-year). Operating income was ¥207.9 billion (up 73.2% year-on-year), an ordinary income of ¥207.6 billion (up 85.7% year-on-year), and net income attributable to owners of the parent of ¥157.0 billion (up 75.6% year-on-year) and each income has reached record high.

Consolidated Financial Summary (Years ended March)

Consolidated Financial Summary (Billion yen)

	FY2022 (Results)	FY2023 (Results)	Difference	Change (%)
Operating Revenues	17,074	20,559	3,484	20.4
Operating Expenses	15,874	18,480	2,605	16.4
Operating Income	1,200	2,079	878	73.2
Non-Op. Gains/Losses	82	2	79
Recurring Income	1,118	2,076	958	85.7
Extraordinary Gains/Losses	25	28	53
Net Income	894	1,570	676	75.6
EBITDA*1	2,643	3,502	808

1. *1.EBITDA = Op. Income + Depreciation and Amortization

Operating Income and Net Income

FY2024 Earnings Forecast (Announced on April 26, 2024)

Regarding the future economic outlook, it is expected that the Japanese economy will continue to experience agradual recovery with improvements in employment and income conditions. On the other hand, the global economy is anticipated to face downside risks to growth such as global monetary tightening and concerns about the future of the Chinese economy.
Under these circumstances, the ANA group will continue to implement the strategy as the second year of the "FY2023-2025 ANA Group Mid-term Corporate Strategy" and work towards to achieve our management vision of “Uniting the World in Wonder”. With our airline business as our core business, we will continue to foster diverse connections between different regions, and place importance on the well-being of our employees. Additionally, we will strive to provide new value while closely engaging with various stakeholders including shareholders.

Consolidated Financial Forecast

Unit: million yen (rounded down)

	FY2023	Forcast for FY2024	Differnce
Operating revenues	20,559	21,900	1,340
Operating income	2,079	1,700	379
Ordinary income	2,076	1,600	476
Net income attributable to owners of the parent	1,570	1,100	470