【ノート】
◎I will start with a summary of the financial results for the fiscal 2017 second quarter.
◎In the mainstay Air Transportation business, we promoted a growth strategy with a focus on International Passenger business. The ANA brand, including Domestic Passenger and Cargo businesses, contributed significantly to increased revenues. LCC businesses are gradually expanding routes while maintaining a high load factor.Overall, the Group succeeded in expanding our airline business domains. As a result, first half revenues increased significantly by over 11％ year-on-year.
◎On the other hand, operating expenses increased by approximately 9％. Although we have implemented cost management initiatives throughout our business expansion activities, mainly maintenance and personnel costs grew.
◎As a result, we recorded increased revenues and income with consolidated operating income of 115.0 billion yen, representing the first time we exceeded 100.0 billion yen during the first half. In addition, we achieved record highs across all income categories, including ordinary income and net income attributable to owners of the parent.
◎The graph on the right shows transitions in first half operating income and operating income margin for the past five years. As you can see, earnings have increased for four years consecutively thanks to the benefits of the growth strategies we have implemented thus far.
◎Please turn to page 5.