ANA Holdings reports FY2024 results, plans increased dividends

ANA Holdings today reported consolidated financial results for the year ended March 31, 2025, and announced plans for increased shareholder returns and a new type of share. The company's operating revenue increased by 10% year-over-year to ¥2,261.8 billion, although operating income decreased by 5.4% to ¥196.6 billion. Despite increased expenses, ordinary income reached ¥200.0 billion. Net income attributable to owners of the parent was ¥153.0 billion. Based on these results, ANA's board has resolved to increase the dividend to ¥60 per share, up from an earlier forecast of ¥50, with a total dividend payout of ¥28.227 billion JPY. Looking forward, the company forecasts operating revenues of ¥2,370.0 billion for fiscal year 2025 with plans to increase its number of passengers to 52,127,223 and maintain a load factor of 77.3%. The company will be asking shareholders to approve a new class of share that will include both debt and equity characteristics. ANA intends to list these shares on the Tokyo Stock Exchange. The value of those shares is currently priced to be a 5% dividend yield with an upper end of 10% for dividend payout. These funds will also be limited in a way that prioritizes cash flow towards existing shareholders with regard to 6 different metrics.