April 20 2020
Company Name: ANA HOLDINGS INC.
President and CEO: Shinya Katanozaka
(Code number: 9202, TSE 1st section)
Contact: Director, General Administration, Motoaki Ueno
(TEL: +81-3-6735-1001)
Notice of Revision of Consolidated Financial Results Forecast
ANA HOLDINGS INC. has revised its whole financial year performance forecast for the current fiscal year (April 1, 2019 - March 31, 2020), previously announced on October 29, 2019.
Details are as follows.
1. Revision of Consolidated Financial Results Forecast for FY2019 (April 1, 2019 - March 31, 2020)
Net Income | ||||||||
Operating | Operating | Ordinary | attributable to | Net income | ||||
Revenues | Income | Income | owners of the | per share | ||||
parent | ||||||||
Previous Forecast (A) | Billion yen | Billion yen | Billion yen | Billion yen | Yen | |||
2,090.0 | 140.0 | 137.0 | 94.0 | 280.93 | ||||
New forecast (B) | 1,970.0 | 60.0 | 58.0 | 27.0 | 80.70 | |||
Change (B - A) | (120.0) | (80.0) | (79.0) | (67.0) | (200.23) | |||
% Change | (5.7) | (57.1) | (57.7) | (71.3) | (71.3) | |||
Ref. FY2018 | 2,058.3 | 165.0 | 156.6 | 110.7 | 331.04 | |||
(Apr 1, 2018 - Mar 31, 2019) | ||||||||
2. Reasons for Revision
As a result of entry restrictions in various countries and reduced domestic travel in Japan due to the spread of the Coronavirus(COVID-19) during the fourth quarter, especially the travel demand declined sharply in March, the operating revenues, operating income, ordinary income and net income attributable to owners of the parent are expected to be significantly lower than those in the previously revised forecast. The forecasts for the fiscal year ending March 2020 have
therefore been revised as above.
The above forecasts are based on the information available as of the date of this release. Actual results may differ from these estimates depending on a variety of factors.
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ANA Holdings Inc. published this content on 20 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2020 06:05:10 UTC