JAL has risen 7 times in a row, and I like the increase in profit and dividend forecasts

Regarding the consolidated earnings forecast for the fiscal year ending March 31, 24, the final profit was revised upward from 80 billion yen to 90 billion yen (2.6 times the previous fiscal year), and at the same time, the year-end dividend forecast was raised from 30 yen to 40 yen to 70 yen per year (25 yen for the previous fiscal year).

International passenger revenue is sluggish, mainly due to a drop in demand from Japan, but profits are expected to rise due to falling fuel prices and the recording of aircraft insurance claims.

The reduction in fuel costs due to falling fuel prices and efforts to reduce costs other than fuel costs were successful, and in addition to the forecast that operating expenses would fall below expectations, the final profit was revised upward because aircraft insurance claims for Airbus A350-900 aircraft that were completely lost due to collision accidents with Japan Coast Guard aircraft that occurred on January 2 were received.

The year-end dividend was also raised from 30 yen to 40 yen. Mara, forecasts of sales revenue of 1 trillion930 billion yen (up 16.8% from the previous fiscal year), net profit of 100 billion yen (same 11.1% increase), and annual dividends of 80 yen (increase of 10 yen from the previous fiscal year) have also been announced for the fiscal year ending 2025/3.

At the same time, profit targets etc. in the medium-term plan up to the 2026/3 fiscal year have also been raised, and purchases that positively evaluate these are flowing in.