ANA Holdings Inc ANA Group Corporate Strategy for FY2014-2016 (5827D)

TIDMANA

RNS Number : 5827D

ANA Holdings Inc

30 January 2015

ANA HOLDINGS Unveils Long-term Strategic Vision and

Updates on FY2014-2016 Mid-term Corporate Strategy

TOKYO, January 30, 2015 - ANA HOLDINGS (hereafter "ANA HD") today unveils its long-term corporate strategic vision for the ten-year period up to FY2025 and provides an update on the progress of its mid-term corporate strategy for FY2014-2016.

The ten-year vision is designed to take advantage of the possible further expansion of takeoff and landing slots at airports in Tokyo metropolitan area, the boost that the 2020 Tokyo Olympics and Paralympics will provide to the Japanese economy and growing inbound tourism. Key targets include:

-- An increase in operating revenue to Yen2,500 billion and an operating profit target Yen200 billion

   --      Growth in international passenger services of 50% from FY2015 to FY2025 

-- A further expansion of the group's airline fleet including orders for 15 new aircraft announced today

With respect to the FY2014-FY2016 mid-term corporate strategy, ANA HD confirms that:

-- The group remains on course to achieve a planned Yen136.5 billion in cost savings from FY2011 by the end of FY2016

-- Management targets for improvements in revenue, operating profit and operating margin remain unchanged

-- Further development of the Tokyo dual-hub airport strategy, Narita and Haneda, will take place.

10-Year Outlook and ANA HD's Strategic Goals

Over the next ten years, Japan's population is expected both to decline and grow older as a result of the falling birth rate, presenting economic and fiscal challenges for the country and its airline industry. However, at the same time, Japan will receive a major boost by hosting the Olympic and Paralympic Games in 2020, by which time the country is targeting an increase in overseas visitor numbers to 20 million a year. Also, further expansion of slots at Tokyo metropolitan airports are expected to happen. Outside Japan, the global economy is also expected to continue growing, driven mainly by Asia. ANA HD's long-term strategic vision and its growth strategy to FY 2025 is planned against this backdrop.

International Passenger Services

ANA's international services will become its core business, increasing profitability with the launch of new routes and positioning the group as Japan's 'bridge to the world'. To achieve this, ANA will focus investment to meet increased demand between North America and Asia. It will:

   --         Capture an increasing share of the growing demand for travel to Japan 

-- Target a 50% increase in revenues by FY2025 so that international overtakes domestic revenue

Domestic Passenger Services

In a market where gradual shrink is expected, ANA aims to maintain market share and improve efficiencies by:

-- Increasing profitability through "dynamic fleet assignment" - matching aircraft size to peaks and troughs of demand

   --         Making more effective use of infrastructure and resources 

Please refer to the attached PDF for more details.

http://www.rns-pdf.londonstockexchange.com/rns/5827D_-2015-1-30.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

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