Earnings Alerts

Japan Airlines (9201) Earnings Surpass Estimates: Net Income Forecast Boosted for FY

  • JAL has increased its net income forecast for the financial year (FY) to 90.00 billion yen from the previous estimate of 80.00 billion yen. This beats the estimated 86.34 billion yen.
  • The net sales forecast has been slightly reduced to 1.65 trillion yen, from the earlier prediction of 1.68 trillion yen. This is slightly lower than the estimated 1.67 trillion yen.
  • The company has also raised its dividend to 70.00 yen from 60.00 yen, surpassing the estimate of 67.30 yen.
  • There are currently 10 buys, 4 holds, and 0 sells for JAL stocks.
  • All comparisons to past results are based on values reported by the company’s original disclosures.

Japan Airlines on Smartkarma

On Smartkarma, an independent investment research network, top independent analysts have been publishing research on companies like “Japan Airlines“. According to Michael Causton‘s report, JAL and ANA have entered the online retail market with their own e-commerce malls, leveraging customer data and catering to premium clientele. This move allows them to compete with big players like Amazon and Rakuten. Despite the intense competition, airlines have distinct advantages such as access to data on millions of consumers and premium customers willing to spend large amounts.

Neil Glynn‘s research on Japanese Airlines reveals that ANA has outperformed JAL in terms of financial recovery, raising questions for JAL’s medium-term strategy. The analyst also suggests that JAL’s FY24 guidance of Β₯130bn is conservative, based on historical full-service carrier earnings seasonality. Glynn’s analysis shows that JAL’s cost management has been strong, positioning them well for the long-term.

In another report, Glynn highlights that JAL’s unit cost management has resulted in significant short-term upside to earnings expectations. The analyst believes that JAL’s FY24 guidance is achievable, unless forward bookings weaken. Mohshin Aziz‘s report also touches on JAL, mentioning a recent incident where a Japan Airlines flight caught fire upon landing at Haneda Airport, causing runway closures and diversions. This event could have a negative impact on Japan Airport Terminal and Japan Airlines.


A look at Japan Airlines Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.2

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

Japan Airlines Co. Ltd. is a leading provider of air transportation services, offering a diverse range of scheduled and unscheduled flights all around the world. The company also offers air courier services, as well as tickets, resort hotels, and travel agency services. Utilizing the Smartkarma Smart Scores, Japan Airlines has received an overall score of 3 out of 5, indicating a positive long-term outlook for the company.

With a score of 3 for both value and dividend, Japan Airlines is considered to be a solid investment option, providing good returns for its shareholders. The company also scored a 4 for growth, indicating potential for future expansion and profitability. In terms of resilience and momentum, Japan Airlines scored a 3, demonstrating its ability to withstand market fluctuations and maintain a steady pace of growth. Overall, Japan Airlines‘ strong performance in these areas bodes well for its future success and continued growth in the air transportation industry.


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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