Updated
Updated · MarketWatch · Apr 30Star Flyer reports FY2026 parent net profit of Y434m
6 articles · Updated · MarketWatch · Apr 30
- For the year ended 31 March 2026, revenue rose to Y44.80bn from Y42.90bn and operating profit increased to Y1.39bn from Y1.23bn.
- Pretax profit fell to Y684m from Y1.93bn, while earnings per share dropped to Y34.38 from Y536.66 under Japanese accounting standards.
- The Japanese airline reported no interim or year-end dividend, leaving the annual payout at zero despite higher sales and operating profit.
Do Japan's unique accounting rules obscure the true financial health of its airlines? With revenue rising, why did Star Flyer's net profit crash by nearly 80% in the last fiscal year? Are soaring costs and pilot shortages making Japan's low-cost airline model unsustainable? Can Star Flyer's new tech outmaneuver rivals JAL and ANA in Japan's competitive low-cost market? How is Star Flyer ensuring pilot safety and fitness to fly after its recent drug scandal? Could electric seagliders soon make Star Flyer's coastal flights obsolete?