ANA : Notice of Revision of Consolidated Financial Results Forecast(182KB

April 21, 2023 Company Name: ANA HOLDINGS INC.

President and CEO: Koji Shibata (Code number: 9202, TSE Prime Market)

Contact: Director, General Administration, Shintaro Takano (TEL: [phone])

Notice of Revision of Consolidated Financial Results Forecast

Based on the recent performance trends, ANA HOLDINGS INC. has revised its whole financial year performance forecast for the current fiscal year (April 1, 2022 - March 31, 2023) previously announced on February 2, 2023.

Details are as follows.

1. Revision of Consolidated Financial Results Forecast for FY2022 (April 1, 2022 - March 31, 2023)

						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
	1,710.0	95.0		85.0	60.0	127.57
	New forecast (B)	1,710.0	120.0		110.0	89.0	189.23
	Change (B - A)	0	25.0		25.0	29.0	－
	% Change	0	26.3		29.4	48.3	－
	Ref. FY2021	1,020.3	(173.1)	(184.9)	(143.6)	(305.37)
	(Apr 1, 2021 - Mar 31, 2022)

2. Reasons for Revision

In the fourth quarter, the airline's international passenger revenues performed strongly as a result of the recovery in demand for business and inbound travel to Japan following the relaxation of Japan's border control measures. International cargo revenue, however, remained stagnant, so the previous forecast for operating revenues has not been revised. In terms of expenses, due to factors such as our continued efforts in cost management, as well as the fuel prices got lower than forecasted and Japanese yen slightly rose, operating income is forecast to be 120.0 billion yen (an increase of 25.0 billion yen from the time of the previous announcement), ordinary income is

forecast to be 110.0 billion yen (an increase of 25.0 billion yen) and net income attributable to owners of the parent company is forecast to be 89.0 billion yen (an increase of 29.0 billion yen). Based on these results, we have revised our consolidated financial results forecast for the fiscal year ended March 2023, as shown in the table above.

Note that the above forecasts are based on information available as of the release date of these materials. Actual results may differ from these estimates for a variety of reasons.

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