Japan Airlines Full Year 2025 Earnings: EPS Beats Expectations

Simply Wall St

May 04, 2025

Japan Airlines (TSE:9201) Full Year 2025 Results

Key Financial Results

Revenue: JP¥1.86t (up 13% from FY 2024).
Net income: JP¥107.0b (up 12% from FY 2024).
Profit margin: 5.7% (down from 5.8% in FY 2024). The decrease in margin was driven by higher expenses.
EPS: JP¥245 (up from JP¥219 in FY 2024).

Our free stock report includes 1 warning sign investors should be aware of before investing in Japan Airlines. Read for free now.

9201 Operational Performance

Available seat kilometres (ASK): 85.05b (up 3.1% from FY 2024).
Passenger load factor: 81.8% (up from 77.5% in FY 2024).
Total aircraft: 232 (up by 5 from FY 2024).

revenue-and-expenses-breakdown — TSE:9201 Revenue and Expenses Breakdown May 4th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Japan Airlines EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%.

The primary driver behind last 12 months revenue was the Full Service Carrier Business segment contributing a total revenue of JP¥1.45t (78% of total revenue). Explore how 9201's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Airlines industry in Asia.

Performance of the market in Japan.

The company's shares are up 1.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Japan Airlines that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.