Announcement • Jun 04
ANA Holdings Inc. to Report Q1, 2027 Results on Jul 29, 2026 ANA Holdings Inc. announced that they will report Q1, 2027 results on Jul 29, 2026 Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Outside Independent Director Yukari Inoue was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 01
ANA Holdings Inc., Annual General Meeting, Jun 26, 2026 ANA Holdings Inc., Annual General Meeting, Jun 26, 2026. Announcement • Apr 22
ANA Holdings Inc. to Report Fiscal Year 2026 Results on Apr 30, 2026 ANA Holdings Inc. announced that they will report fiscal year 2026 results on Apr 30, 2026 Announcement • Jan 07
ANA Holdings Inc. announces Annual dividend, payable on June 30, 2026 ANA Holdings Inc. announced Annual dividend of JPY 60.0000 per share payable on June 30, 2026, ex-date on March 30, 2026 and record date on March 31, 2026. Announcement • Dec 02
ANA Holdings Inc. to Report Q3, 2026 Results on Jan 30, 2026 ANA Holdings Inc. announced that they will report Q3, 2026 results on Jan 30, 2026 Announcement • Nov 10
ANA Holdings Inc. (TSE:9202) announces an Equity Buyback for 67,500,000 shares, representing 14.23% for ¥150,000 million. ANA Holdings Inc. (TSE:9202) announces a share repurchase program. Under the program, the company will repurchase up to 67,500,000 shares, representing 14.23% of its issued share capital, for ¥150,000 million. The purpose of the program is to optimize our capital structure and improve shareholder value. The purchased shares will be cancelled. The program will be valid till December 15, 2026. As of September 30, 2025, the company has 474,346,533 issued shares (excluding treasury stock) and 9,947,028 treasury shares. Announcement • Oct 30
ANA Holdings Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2026 ANA Holdings Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects operating revenues of JPY 2,480,000 million, operating income of JPY 200,000 million, net income attributable to owners of the parent of JPY 145,000 million and net income per share of JPY 309.57 against previous guidance of operating revenues of JPY 2,370,000 million, operating income of JPY 185,000 million, net income attributable to owners of the parent of JPY 122,000 million and net income per share of JPY 259.62. Announcement • Sep 05
ANA Holdings Inc. to Report Q2, 2026 Results on Oct 30, 2025 ANA Holdings Inc. announced that they will report Q2, 2026 results on Oct 30, 2025 Announcement • Jun 21
ANA Holdings Inc. to Report Q1, 2026 Results on Jul 29, 2025 ANA Holdings Inc. announced that they will report Q1, 2026 results on Jul 29, 2025 Announcement • Apr 30
ANA Holdings Inc., Annual General Meeting, Jun 27, 2025 ANA Holdings Inc., Annual General Meeting, Jun 27, 2025. Announcement • Mar 01
ANA Holdings Inc. to Report Fiscal Year 2025 Results on Apr 30, 2025 ANA Holdings Inc. announced that they will report fiscal year 2025 results on Apr 30, 2025 Announcement • Dec 04
ANA Holdings Inc. to Report Q3, 2025 Results on Feb 03, 2025 ANA Holdings Inc. announced that they will report Q3, 2025 results on Feb 03, 2025 Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: JP¥52.57 (vs JP¥65.51 in 1Q 2024) First quarter 2025 results: EPS: JP¥52.57 (down from JP¥65.51 in 1Q 2024). Revenue: JP¥516.8b (up 12% from 1Q 2024). Net income: JP¥24.7b (down 20% from 1Q 2024). Profit margin: 4.8% (down from 6.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Sep 03
ANA Holdings Inc. to Report Q2, 2025 Results on Oct 31, 2024 ANA Holdings Inc. announced that they will report Q2, 2025 results on Oct 31, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: JP¥52.57 (vs JP¥65.51 in 1Q 2024) First quarter 2025 results: EPS: JP¥52.57 (down from JP¥65.51 in 1Q 2024). Revenue: JP¥516.8b (up 12% from 1Q 2024). Net income: JP¥24.7b (down 20% from 1Q 2024). Profit margin: 4.8% (down from 6.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jun 08
ANA Holdings Inc. to Report Q1, 2025 Results on Jul 30, 2024 ANA Holdings Inc. announced that they will report Q1, 2025 results on Jul 30, 2024 Announcement • Apr 27
ANA Holdings Inc. Proposes Dividend for the Fiscal Year Ended March 31, 2024, Effective Date Is June 28, 2024 ANA Holdings Inc. proposed dividend of JPY 50 per share for the fiscal year ended March 31, 2024. Record date is March 31, 2024; Effective date is June 28, 2024; Total amount ofd ividendsJPY 23,528 million. It will be proposed at the 79th Ordinary General Meeting of Shareholders to be held on June 27, 2024. Reported Earnings • Apr 26
Full year 2024 earnings released: EPS: JP¥335 (vs JP¥190 in FY 2023) Full year 2024 results: EPS: JP¥335 (up from JP¥190 in FY 2023). Revenue: JP¥2.06t (up 20% from FY 2023). Net income: JP¥157.1b (up 76% from FY 2023). Profit margin: 7.6% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue. Available seat kilometres (ASK): 107.51b (up 25% from FY 2023). Passenger load factor: 73.7% (up from 68.3% in FY 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 23
ANA Holdings Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024 ANA Holdings Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024 New Risk • Feb 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Nov 27
ANA Holdings Inc. to Report Q3, 2024 Results on Jan 31, 2024 ANA Holdings Inc. announced that they will report Q3, 2024 results on Jan 31, 2024 Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: JP¥134 (vs JP¥39.42 in 2Q 2023) Second quarter 2024 results: EPS: JP¥134 (up from JP¥39.42 in 2Q 2023). Revenue: JP¥541.7b (up 23% from 2Q 2023). Net income: JP¥62.5b (up 237% from 2Q 2023). Profit margin: 12% (up from 4.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Sep 06
ANA Holdings Inc. to Report Q2, 2024 Results on Oct 31, 2023 ANA Holdings Inc. announced that they will report Q2, 2024 results on Oct 31, 2023 Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: JP¥65.51 (vs JP¥2.13 in 1Q 2023) First quarter 2024 results: EPS: JP¥65.51 (up from JP¥2.13 in 1Q 2023). Revenue: JP¥461.0b (up 32% from 1Q 2023). Net income: JP¥30.7b (up JP¥29.7b from 1Q 2023). Profit margin: 6.7% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Jul 29
ANA Holdings Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 ANA Holdings Inc. provided Consolidated earnings guidance for the fiscal year ending March 31, 2024. For the period, the company expects operating revenue to be JPY 1,970,000 million, operating income to be JPY 140,000 million, net income attributable to owners of the parent to be JPY 80,000 million, basic earnings per share to be JPY 170.59. Announcement • Jun 14
ANA Holdings Inc. to Report Q1, 2024 Results on Jul 28, 2023 ANA Holdings Inc. announced that they will report Q1, 2024 results on Jul 28, 2023 Buying Opportunity • May 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 2.4%. The fair value is estimated to be €24.73, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings is also forecast to grow by 8.7% per annum over the same time period. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: JP¥190 (vs JP¥305 loss in FY 2022) Full year 2023 results: EPS: JP¥190 (up from JP¥305 loss in FY 2022). Revenue: JP¥1.71t (up 67% from FY 2022). Net income: JP¥89.5b (up JP¥233.1b from FY 2022). Profit margin: 5.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Available seat kilometres (ASK): 85.78b (up 56% from FY 2022). Passenger load factor: 68.3% (up from 40.0% in FY 2022). Operating revenue per available seat kilometre (Oper. RASK): JP¥19.91 (up from JP¥18.62 in FY 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock is up 1.3%. The fair value is estimated to be €24.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 22% per annum over the same time period. Reported Earnings • Feb 03
Third quarter 2023 earnings released: EPS: JP¥91.55 (vs JP¥8.51 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥91.55 (up from JP¥8.51 loss in 3Q 2022). Revenue: JP¥467.9b (up 53% from 3Q 2022). Net income: JP¥43.1b (up JP¥47.1b from 3Q 2022). Profit margin: 9.2% (up from net loss in 3Q 2022). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Feb 03
ANA Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023 ANA Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2023. For the year ending March 31, 2023, the company expects operating revenues of JPY 1,710.0 billion compared to previous guidance of JPY 1,700.0 billion, operating income of JPY 95.0 billion compared to previous guidance of JPY 65.0 billion and net income attributable to owners of the parent of JPY 60.0 billion or JPY 127.57 per share compared to previous guidance of JPY 40.0 billion or JPY 85.05 per share. Announcement • Dec 28
ANA Holdings Inc. to Report Q3, 2023 Results on Feb 02, 2023 ANA Holdings Inc. announced that they will report Q3, 2023 results on Feb 02, 2023 Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Outside Director Masumi Minegishi was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 02
Second quarter 2023 earnings released: EPS: JP¥39.42 (vs JP¥101 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥39.42 (up from JP¥101 loss in 2Q 2022). Revenue: JP¥440.3b (up 90% from 2Q 2022). Net income: JP¥18.5b (up JP¥66.2b from 2Q 2022). Profit margin: 4.2% (up from net loss in 2Q 2022). Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Oct 31
ANA Holdings Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 ANA Holdings Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company now expects operating revenues to be JPY 1,700.0 million, operating income to be JPY 65.0 million, net income attributable to owners of parent to be JPY 40.0 million and net income per share to be JPY 85.05 against previous forecast of operating revenues of JPY 1,660.0 million, operating income of JPY 50.0 million, net income attributable to owners of parent of JPY 21.0 million and net income per share of JPY 44.65 as previously forecasted. Announcement • Sep 28
ANA Holdings Inc. to Report Q2, 2023 Results on Oct 31, 2022 ANA Holdings Inc. announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Aug 02
First quarter 2023 earnings released: EPS: JP¥2.13 (vs JP¥109 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥2.13 (up from JP¥109 loss in 1Q 2022). Revenue: JP¥350.4b (up 76% from 1Q 2022). Net income: JP¥1.00b (up JP¥52.2b from 1Q 2022). Profit margin: 0.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 48%, compared to a 84% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Aug 02
Ana Holdings Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023 ANA Holdings Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2023. For the period, the company expects sales of JPY 1,660,000 million, Operating income of JPY 50,000 million, net income attributable to owners of parent of JPY 21,000 million and net income per share of JPY 44.65. Announcement • Jun 30
ANA Holdings Inc. to Report Q1, 2023 Results on Aug 01, 2022 ANA Holdings Inc. announced that they will report Q1, 2023 results on Aug 01, 2022 Reported Earnings • Jun 24
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥1.02t (up 40% from FY 2021). Net loss: JP¥143.6b (loss narrowed 65% from FY 2021). Over the next year, revenue is forecast to grow 61%, compared to a 130% growth forecast for the airlines industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • May 02
ANA Holdings Inc., Annual General Meeting, Jun 20, 2022 ANA Holdings Inc., Annual General Meeting, Jun 20, 2022. Reported Earnings • Apr 30
Full year 2022 earnings released: JP¥305 loss per share (vs JP¥1,082 loss in FY 2021) Full year 2022 results: JP¥305 loss per share (up from JP¥1,082 loss in FY 2021). Revenue: JP¥1.02t (up 40% from FY 2021). Net loss: JP¥143.6b (loss narrowed 65% from FY 2021). Available seat kilometres (ASK): 54.81b (up 33% from FY 2021). Passenger load factor: 40.0% (up from 34.8% in FY 2021). Revenue per available seat kilometre (RASK): 1,861.5% (up from 1,761.7% in FY 2021). Over the next year, revenue is forecast to grow 53%, compared to a 164% growth forecast for the airlines industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Outside Independent Director Eijiro Katsu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 22
ANA Holdings Inc. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2022 ANA Holdings Inc. revised consolidated earnings guidance for the year ending March 31, 2022. For the year, the company revised operating revenues of JPY 1,020.0 billion compared to previous guidance of JPY 1,060.0 billion. Operating loss of JPY 175 billion compared to previous guidance of JPY 125 billion. Net loss attributable to owners of the parent is JPY 145 billion compared to previous guidance of JPY 100.0 billion. net loss per share of JPY 308.29 compared to previous guidance of JPY 212.61. Announcement • Apr 08
ANA Holdings Inc. to Report Fiscal Year 2022 Results on Apr 28, 2022 ANA Holdings Inc. announced that they will report fiscal year 2022 results on Apr 28, 2022 Reported Earnings • Feb 02
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: JP¥8.51 loss per share (up from JP¥337 loss in 3Q 2021). Revenue: JP¥306.9b (up 30% from 3Q 2021). Net loss: JP¥4.00b (loss narrowed 97% from 3Q 2021). Revenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 54%, compared to a 185% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Feb 01
ANA Holdings Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 ANA Holdings Inc. provided consolidated earnings guidance for the fiscal year ending March 31, 2022. For the full Fiscal Year, the company expects sales of JPY 1,060,000 million, Operating loss of JPY 125,000 million, net loss attributable to owners of parent of JPY 100,000 million and net loss per share of JPY 212.61. Reported Earnings • Oct 30
Second quarter 2022 earnings released: JP¥101 loss per share (vs JP¥238 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: JP¥232.2b (up 36% from 2Q 2021). Net loss: JP¥47.6b (loss narrowed 40% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 01
First quarter 2022 earnings released: JP¥109 loss per share (vs JP¥325 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥198.9b (up 64% from 1Q 2021). Net loss: JP¥51.2b (loss narrowed 53% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • May 03
Full year 2021 earnings released: JP¥1,082 loss per share (vs JP¥82.66 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥728.7b (down 63% from FY 2020). Net loss: JP¥404.6b (down JP¥432.3b from profit in FY 2020). Available seat kilometres (ASK): 41.36b (down 68% from FY 2020). Passenger load factor: 34.8% (down from 70.4% in FY 2020). Revenue per available seat kilometre (RASK): 1,761.7% (up from 1,549.2% in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Announcement • May 01
ANA Holdings Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2022 ANA Holdings Inc. provided consolidated earnings guidance for the year ending March 31, 2022. For the year, the company expects operating revenues of JPY 1,380,000 million, operating income of JPY 28,000 million, net income attributable to owners of the parent of JPY 3,500 million or JPY 7.44 per share. Announcement • Apr 25
ANA Holdings Inc. Revises Earnings Guidance for the First Quarter of 2021 ANA Holdings Inc. revised earnings guidance for the year ended March 31, 2021. For the year, the company revised operating revenues of JPY 725.0 billion compared to previous guidance of JPY 740.0 billion. Operating loss of JPY 465.0 billion compared to previous forecast of JPY 505.0 billion. Net loss attributable to owners of the parent of JPY 405.0 billion or JPY 1,083.05 per share compared to previous forecast of JPY 510.0 billion or JPY 1,524.46 per share. Is New 90 Day High Low • Mar 16
New 90-day high: €20.80 The company is up 14% from a price of €18.20 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Lagged the Airlines industry, which is up 19% over the same period. Reported Earnings • Jan 30
Third quarter 2021 earnings released: JP¥337 loss per share (vs JP¥88.66 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥235.8b (down 55% from 3Q 2020). Net loss: JP¥121.1b (down JP¥150.8b from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 33% while theAirlines industry in Germany is not expected to grow. Announcement • Dec 30
ANA Holdings Inc. to Report Q3, 2021 Results on Jan 29, 2021 ANA Holdings Inc. announced that they will report Q3, 2021 results on Jan 29, 2021 Is New 90 Day High Low • Dec 15
New 90-day low: €17.90 The company is down 18% from its price of €21.80 on 16 September 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Airlines industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.38 per share. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 11%. Over the next year, revenue is expected to shrink by 3.6% compared to a 7.3% decline forecast for the Airlines industry in Germany. Reported Earnings • Nov 11
Second quarter 2021 earnings released: JP¥238 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥170.2b (down 69% from 2Q 2020). Net loss: JP¥79.7b (down 276% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 11
Second quarter 2021 earnings released: JP¥238 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: JP¥170.2b (down 69% from 2Q 2020). Net loss: JP¥79.7b (down 276% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 29
First half earnings released Over the last 12 months the company has reported total losses of JP¥217.6b, with earnings decreasing by JP¥311.4b from the prior year. Total revenue was JP¥1.21t over the last 12 months, down 42% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 29
Semi-annual earnings released: Revenue misses expectations Semi-annual revenue missed analyst estimates by 11% at JP¥291.8b. Revenue is forecast to stay flat over the next year, compared to a 39% decline forecast for the Airlines industry in Germany. Announcement • Oct 15
All Nippon Airways Signs 5-Year De Havilland Component Solutions Agreement De Havilland Aircraft of Canada Limited announced that it has signed a five-year De Havilland Component Solutions ("DCS") agreement with All Nippon Airways ("ANA") to support the operation of ANA's fleet of 24 Dash 8-400 aircraft. Under the agreement, De Havilland Canada will manage component maintenance, repair and overhaul (MRO) services for the fleet of aircraft. The DCS program will also provide access to a strategically located exchange pool, and an on-site inventory based at the airline's hub in Tokyo, Japan. Announcement • Oct 10
ANA Holdings Inc. to Report Q2, 2021 Results on Oct 27, 2020 ANA Holdings Inc. announced that they will report Q2, 2021 results at 11:24 AM, GMT Standard Time on Oct 27, 2020 Announcement • Jul 30
ANA Holdings Inc. (TSE:9202) completed the acquisition of an additional 10.9% stake in Peach Aviation Limited from First Eastern Aviation Holdings Ltd. ANA Holdings Inc. (TSE:9202) entered into share transfer agreement to acquire additional 10.9% stake in Peach Aviation Limited from First Eastern Aviation Holdings Ltd. for ¥11.3 billion on March 22, 2018. Post-acquisition, ANA Holdings Inc. (TSE:9202) will own 77.9% stake and First Eastern Aviation Holdings Ltd. will have 7% stake in Peach. The transaction is subject to regulatory approval and relevant authorities. The transaction is expected to close in April 2018. As of January 29, 2019, the transaction is expected to be completed by end of October, 2019. Hiromitsu Miyakawa of Jones Day acted as legal advisor to ANA Holdings Inc.
ANA Holdings Inc. (TSE:9202) completed the acquisition of an additional 10.9% stake in Peach Aviation Limited from First Eastern Aviation Holdings Ltd. in 2019. Announcement • Jun 28
ANA Holdings Inc. to Report Q1, 2021 Results on Jul 29, 2020 ANA Holdings Inc. announced that they will report Q1, 2021 results at 11:24 AM, GMT Standard Time on Jul 29, 2020 
