JAL Group (JAL) today announced the consolidated financial results for the first half of the fiscal year of 2013- the period from April 1 to September 30, 2013. For the details, please refer to the attached files at http://press.jal.co.jp/en/release/201310/002703.html

During the reporting period of consolidated financial results for the first half of the fiscal year, Japan’s economy has been on a moderate recovery track. Exports have shown movements of picking up and the effects of Japanese government policies have been developing, while household income and business investment have increased. However, the slowdown of overseas economies has been a downside risk to the Japanese economy.

Under these economic conditions, JAL Group strived to increase management efficiency and deliver the highest standard of service, while maintaining a strong commitment to flight safety, in an effort to achieve the targets of Rolling Plan 2013 of the Medium Term Management Plan.

As a result of the above, consolidated operating revenues and operating expenses increased to 659.3 billion yen (up 4.0%) and to 563.4 billion yen (up 7.9%) respectively year-on-year, while operating income and ordinary income declined to 95.8 billion yen (down 14.6%) and 90.1 billion yen (down 18.8%) respectively from the previous year. Net income declined to 81.9 billion yen (down 17.8%) from a year ago.