ANA Holdings (TSE:9202) Will Pay A Dividend Of ¥60.00
Jan 08
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Japanese (NIKKEI) Airlines Industry Analysis
UpdatedJan 20, 2026
DataAggregated Company Financials
Companies4
- 7D-1.1%
- 3M3.4%
- 1Y15.9%
- YTD1.2%
Over the last 7 days, the Airlines industry has dropped 1.2%, driven by ANA Holdings declining 1.1%. This takes the industry's 12 month performance to a gain of 16%. Earnings are forecast to grow by 1.5% annually.
Industry Valuation and Performance
Has the Japanese Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 20 Jan 2026 | JP¥2.9t | JP¥4.4t | JP¥277.5b | 8.8x | 10.3x | 0.6x |
| Thu, 18 Dec 2025 | JP¥2.7t | JP¥4.4t | JP¥277.5b | 8.1x | 9.7x | 0.6x |
| Sat, 15 Nov 2025 | JP¥2.8t | JP¥4.4t | JP¥275.2b | 10.1x | 10.1x | 0.6x |
| Mon, 13 Oct 2025 | JP¥2.6t | JP¥4.4t | JP¥274.9b | 9.6x | 9.5x | 0.6x |
| Wed, 10 Sep 2025 | JP¥2.8t | JP¥4.4t | JP¥274.9b | 10.4x | 10.2x | 0.6x |
| Fri, 08 Aug 2025 | JP¥2.8t | JP¥4.4t | JP¥276.2b | 10.1x | 10x | 0.6x |
| Sun, 06 Jul 2025 | JP¥2.7t | JP¥4.3t | JP¥264.1b | 10.5x | 10.2x | 0.6x |
| Tue, 03 Jun 2025 | JP¥2.7t | JP¥4.3t | JP¥264.1b | 10.3x | 10x | 0.6x |
| Thu, 01 May 2025 | JP¥2.5t | JP¥4.2t | JP¥247.8b | 10.1x | 9.9x | 0.6x |
| Sat, 29 Mar 2025 | JP¥2.5t | JP¥4.2t | JP¥247.8b | 10.4x | 10.2x | 0.6x |
| Mon, 24 Feb 2025 | JP¥2.6t | JP¥4.2t | JP¥247.8b | 10.6x | 10.4x | 0.6x |
| Wed, 22 Jan 2025 | JP¥2.4t | JP¥4.0t | JP¥230.3b | 9x | 10.4x | 0.6x |
| Fri, 20 Dec 2024 | JP¥2.5t | JP¥4.0t | JP¥230.3b | 9.4x | 10.9x | 0.6x |
| Sun, 17 Nov 2024 | JP¥2.5t | JP¥4.0t | JP¥230.3b | 9.3x | 10.7x | 0.6x |
| Tue, 15 Oct 2024 | JP¥2.5t | JP¥4.0t | JP¥242.3b | 10.7x | 10.2x | 0.6x |
| Thu, 12 Sep 2024 | JP¥2.5t | JP¥4.0t | JP¥242.3b | 10.6x | 10.2x | 0.6x |
| Sat, 10 Aug 2024 | JP¥2.3t | JP¥4.0t | JP¥242.8b | 10x | 9.6x | 0.6x |
| Mon, 08 Jul 2024 | JP¥2.6t | JP¥3.9t | JP¥256.5b | 11.1x | 10.1x | 0.7x |
| Wed, 05 Jun 2024 | JP¥2.6t | JP¥3.9t | JP¥256.5b | 11.1x | 10.3x | 0.7x |
| Fri, 03 May 2024 | JP¥2.7t | JP¥3.8t | JP¥269.4b | 9.7x | 9.9x | 0.7x |
| Sun, 31 Mar 2024 | JP¥2.9t | JP¥3.8t | JP¥288.3b | 9.3x | 9.9x | 0.8x |
| Tue, 27 Feb 2024 | JP¥2.8t | JP¥3.8t | JP¥288.3b | 9x | 9.8x | 0.7x |
| Thu, 25 Jan 2024 | JP¥2.8t | JP¥3.6t | JP¥268.8b | 9.3x | 10.4x | 0.8x |
| Sat, 23 Dec 2023 | JP¥2.7t | JP¥3.6t | JP¥268.8b | 9x | 10.1x | 0.7x |
| Mon, 20 Nov 2023 | JP¥2.8t | JP¥3.6t | JP¥268.8b | 9.3x | 10.4x | 0.8x |
| Wed, 18 Oct 2023 | JP¥2.7t | JP¥3.4t | JP¥199.2b | 15.8x | 13.5x | 0.8x |
| Fri, 15 Sep 2023 | JP¥2.9t | JP¥3.4t | JP¥199.2b | 17.2x | 14.8x | 0.9x |
| Sun, 13 Aug 2023 | JP¥3.1t | JP¥3.4t | JP¥201.5b | 13.4x | 15.2x | 0.9x |
| Tue, 11 Jul 2023 | JP¥3.0t | JP¥3.2t | JP¥129.7b | 28.7x | 23.4x | 0.9x |
| Thu, 08 Jun 2023 | JP¥2.7t | JP¥3.2t | JP¥129.7b | 25.5x | 21.1x | 0.8x |
| Sat, 06 May 2023 | JP¥2.6t | JP¥3.2t | JP¥117.2b | 33.6x | 22.4x | 0.8x |
| Mon, 03 Apr 2023 | JP¥2.6t | JP¥2.8t | -JP¥20,620,000,000.00 | 62.1x | -124.2x | 0.9x |
| Wed, 01 Mar 2023 | JP¥2.5t | JP¥2.8t | -JP¥20,620,000,000.00 | 59.7x | -120.5x | 0.9x |
| Fri, 27 Jan 2023 | JP¥2.6t | JP¥2.5t | -JP¥111,264,000,000.00 | n/a | -23.7x | 1.1x |
Price to Earnings Ratio
-23.7x
Current Industry PE
- Investors are optimistic on the Japanese Airlines industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.3x which is higher than its 3-year average PE of 0.88x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
- Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 22% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Japanese Industrials industry?
| JP Market | 3.73% | |
| Industrials | 4.93% | |
| Airlines | -1.08% | |
| Airlines | -1.08% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9202 ANA Holdings | JP¥3.10k | 1.6% +JP¥24.3b | 12.2% | PE10.6x | |
| 9201 Japan Airlines | JP¥3.00k | 1.9% +JP¥23.8b | 24.8% | PE10.4x | |
| 9204 Skymark Airlines | JP¥397.00 | 6.4% +JP¥1.4b | -35.1% | PE7.4x |