Market Environment
Eyeing the Tokyo 2020 Olympic and Paralympic Games, the Japanese government aims to increase the inbound visitors to Japan to 30 million by 2030. Additional slots at Tokyo metropolitan airports and improvevement in airport acsess are expected to capture the increasing demand. Although the labor force and productivity is shrinking in Japan caused by the falling birth rate and the aging population, the continuing rapid pace of Asian economic growth and deregulation of airline industry in ASEAN market will provide tailwinds to airline industry in Japan and Asia and it will expect to lead expansion of the business for the ANA Group.