3. JAL aims to establish sufficient profitability and financial stability levels capable of absorbing the impact of economic fluctuations and risk events by achieving; “10% or above operating profit margin for 5 consecutive years and 50% or above equity ratio in FY2016”.
【FY2015 Forecast】
While we expect a decrease in consolidated operating revenue due to reduction of international passenger fuel surcharges, consolidated operating expense may also decline due to lower fuel prices and cost-reduction efforts, etc. As a result, we expect:
Operating Profit 204.0 billion yen (+32.0 billion yen vs. Rolling Plan 2015)
Operating Profit Margin 15.3%
Shareholders’ Equity 849.0 billion yen (▲38.0 billion yen vs. Rolling Plan 2015)
Equity Ratio 53.0%