【ノート】
◎ Here is our revised earnings plan for the Air Transportation Business.
◎ As concerns rise about the slowing of the global economy, our International Passenger Business has seen weaker business demand recently. Our International Cargo Business has seen the impact of U.S.-China trade friction, resulting in sluggish demand. At the same time, our LCC Business results are experiencing the impact of the demonstrations in Hong Kong and Japan-Korean relations. We have revised our operating revenue plans in response to these environmental factors, considering the possibility that they will continue for the time being.
◎ Meanwhile, we have revised operating expenses in relation to sales-linked expenses, as well as in relation to additional reductions in costs beyond our current second-half plan, based on first half performance.
◎ As a result, we now plan for 136 billion yen in operating income for our Air Transportation Business.
◎ Turning to page 41, we have provided a single chart to summarize the differences in revised Air Transportation Business operating income compared to our original plan. Pages 43 through 45 show our assumptions related to main indicators in the ANA passenger, cargo, and LCC businesses, based on revised operating revenues for each.
◎ This concludes my presentation. Thank you for your attention.