ANA Holdings forecasts a record-high 500 billion yen deficit this year October 21, 14:23
ANA Holdings, the recovery of demand in the center of the international flights under the influence of the new coronavirus, and the like that prospect does not stand, it is expected that the final profit or loss of the year one year at a maximum of 500 billion yen scale of the deficit past I did.
ANA under the umbrella of the ANA Holdings, also international flights is about 90 percent this month, domestic flights are not followed by about 5% of the suspended service and reduced flights, it does not stand the prospect of a recovery in demand in the center of the international flights.
For this reason, according to the people concerned, ANA Holdings has announced that its earnings forecast for the current fiscal year, which will be announced soon, will result in a final loss of 500 billion yen.
ANA Holdings fell into a final deficit of 57.3 billion yen in fiscal 2009, when the company name was ANA, due to the effects of the economic downturn after the Lehman shock, but it will be the largest deficit ever.
In response to the spread of the new coronavirus, ANA will secure funding of 1 trillion 35 billion yen in accordance with the setting of borrowing and credit facilities from financial institutions, as are with a prospect to the working capital of about 1 years is.
However, in preparation for a prolonged slump in air traffic demand, in addition to reducing labor costs and reviewing routes, we received a loan of 400 billion yen from financial institutions in the form of a "subordinated loan," which is partly regarded as capital. The policy is to strengthen the financial base.