Earnings Alerts

Ana Holdings (9202) Earnings Exceed Expectations: 1Q Operating Income Surpasses Estimates by 21%

  • Operating Income: ANA’s operating income for the first quarter was 36.79 billion yen, marking a 21% increase year-over-year. This exceeded the market estimate of 36.01 billion yen.
  • Net Income: The net income was 22.95 billion yen, representing a 7.1% decrease from the previous year. However, it surpassed the projected estimate of 22.54 billion yen.
  • Net Sales: ANA reported net sales of 548.70 billion yen, a 6.2% rise compared to last year, though slightly below the expected 555.66 billion yen.
  • International and Domestic Passenger Services: Revenue from international passenger services increased by 8.8% to 206.2 billion yen, while domestic passenger services revenue grew by 6.8% to 161.9 billion yen.
  • International Cargo Services: The revenue from international cargo services saw a decrease of 2.1%, amounting to 42.2 billion yen.
  • Air Transportation Business Revenue: This business segment achieved revenue of 496.89 billion yen, growing by 5.8% compared to the previous year.
  • Trade & Retail Business Revenue: Revenue in this segment rose by 9.2%, reaching 34.72 billion yen.
  • 2026 Year Forecast:
    • Operating income is projected at 185.00 billion yen, below the estimate of 197.98 billion yen.
    • Net income forecast remains at 122.00 billion yen, less than the expected 132.22 billion yen.
    • The forecast for net sales is 2.37 trillion yen, slightly under the estimate of 2.42 trillion yen.
    • A dividend of 60.00 yen is anticipated, which is below the estimated 63.08 yen.
  • Investment Recommendations: There are currently 7 buy ratings, 6 hold ratings, and no sell ratings for ANA shares.

Ana Holdings on Smartkarma

Analysts on Smartkarma, like Janaghan Jeyakumar, CFA, are providing valuable insights into Ana Holdings. In their research reports, such as “Quiddity JPX-Nikkei 400 Rebal 2025: End-June 2025 Ranks (FINAL EXPECTATIONS)” and “Quiddity JPX-Nikkei 400 Rebal 2025: End-Feb 2025 Ranks,” they analyze the potential additions and deletions in the JPX-Nikkei 400 index. The reports highlight the performance expectations of various stocks listed on the Tokyo Stock Exchange, giving investors a glimpse into the market dynamics.

The sentiment expressed by analysts like Janaghan Jeyakumar, CFA, leans towards bullish, indicating a positive outlook on Ana Holdings and other companies within the index. Their in-depth analysis provides investors with valuable information to make informed decisions in the ever-changing investment landscape. Smartkarma serves as a platform for independent analysts to share their expertise and contribute to the understanding of companies like Ana Holdings for the benefit of investors.


A look at Ana Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ANA Holdings Inc, a leading provider of air transportation services, has shown a promising long-term outlook based on Smartkarma Smart Scores. With a strong score in Growth at 5, the company is positioned for expansion and development in the industry. Additionally, boasting a Momentum score of 4, ANA Holdings demonstrates a positive trend in its market performance, indicating potential future growth.

While the Value, Dividend, and Resilience scores are solid at 3 each, highlighting stability and financial health, the higher scores in Growth and Momentum point towards a bright future for the company. ANA Holdings Inc’s diverse range of services, including scheduled and unscheduled air passenger services, air courier services, and aircraft parts sales, coupled with its travel arrangement offerings, underpin its strong potential for long-term success in the air transportation sector.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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