# Japan Airlines vs Star Flyer

> Unit: JPY millions (ratios in %)
> Periods: Japan Airlines = FY ending Mar 2026, consolidated, IFRS / Star Flyer = FY ending Mar 2026, non-consolidated, J-GAAP
> Retrieved: 2026-09-30T22:09:30.301Z

| Metric | Japan Airlines | Star Flyer |
| --- | ---: | ---: |
| Revenue | 2,012,515 | 44,795 |
| Operating income | 207,349 | 1,389 |
| Net income | 137,604 | 434 |
| COGS ratio | — | — |
| Operating margin | 10.3% | 3.1% |
| Net margin | 6.8% | 1.0% |
| FCF margin | — | 2.0% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YFIO | S100YR88 |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Japan Airlines | Star Flyer |
| --- | ---: | ---: |
| Revenue growth | 83.3 (3 peers) | 16.7 (3 peers) |
| Profitability | 83.3 (3 peers) | 16.7 (3 peers) |
| Cash conversion | 50 (3 peers) | 16.7 (3 peers) |
| Efficiency | 50 (3 peers) | 83.3 (3 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/japan-airlines/md
- https://vizora.meequs.com/en/company/star-flyer/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).