ANA President “Overcoming Crisis across the Group” Promoting cost reduction June 29, 14:29

At the shareholders' meeting of ANA Holdings, whose business performance has deteriorated due to the effect of the new coronavirus, the company explained that it will make every effort to reduce costs and secure funds at hand.

The number of customers of ANA Holdings decreased drastically due to the spread of infections, and the final deficit of 58.7 billion yen for the three months ended March.

At a general meeting of shareholders held in Minato-ku, Tokyo, President Shinya Katanosaka said, "We are currently recovering the scale of operations from domestic flights in stages, and the entire group will overcome this crisis."

The shareholders who attended were asked a series of questions such as "It is unclear when the impact of the infection will end, but how will we raise funds?" and "What are the prospects for future business recovery?" It was

In contrast to this company is a set of loans and lines of credit from financial institutions in preparation for the long-term reduction of the impact, in terms of was wearing a prospect to the financing of the 1 trillion 35 billion yen to match, Ya cut executive compensation He explained that temporary leave for employees will help reduce personnel expenses and other costs and curb capital investment.

After the general meeting, shareholders in their 40s said, "I can't help my current business to a certain extent. I want to secure employment for future growth, ensure fundraising, and survive."