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  1. Home
  2. Companies
  3. ANA Holdings Inc.
ANA Holdings Inc. logo

ANA Holdings Inc.

Japanese airline holding company and parent of All Nippon Airways, Japan's largest airline by revenue and fleet size.

Company Type

public

Founded

1952

Headquarters

Tokyo, Japan

Stock

Tokyo Stock Exchange: 9202

Revenue

2,539.2 billion JPY (FY2025, year ended March 31, 2025)

Employees

Approximately 47,000

Primary Market

Asia Pacific

About ANA Holdings Inc.

What does ANA Holdings own?
ANA Holdings owns All Nippon Airways (ANA), Japan's largest full-service airline, Peach Aviation, a low-cost carrier based at Osaka Kansai Airport, and AirJapan, a medium-haul leisure carrier launched in 2024. The company also operates subsidiaries in cargo handling, ground services, maintenance, and travel services.

Is ANA Holdings publicly traded?
Yes. ANA Holdings trades on the Tokyo Stock Exchange under ticker 9202. The company is part of the Nikkei 225 index and has been publicly traded since 1961, when All Nippon Airways first listed on the exchange.

Who founded ANA?
All Nippon Airways was founded in December 1952 as Helicopter and Airplane Transport Company in Tokyo. The company began with helicopter services and small aircraft before expanding into scheduled passenger flights. It was renamed All Nippon Airways in 1957. ANA Holdings was created as the parent company in 2013.

Where is ANA Holdings headquartered?
ANA Holdings is headquartered in Tokyo, Japan. The company's main hub airports are Tokyo Haneda and Tokyo Narita, with additional focus cities at Osaka Kansai and Okinawa Naha.

How many brands does ANA Holdings own?
ANA Holdings owns 3 airline brands: ANA (full-service carrier), Peach Aviation (low-cost carrier), and AirJapan (medium-haul leisure carrier). The company also operates subsidiaries in cargo, maintenance, and travel services, but these operate under the ANA brand rather than as separate consumer brands.

Who owns ANA Holdings?
ANA Holdings is a publicly traded company with no single controlling shareholder. The Master Trust Bank of Japan and Custody Bank of Japan are among the largest institutional holders. Overseas investors hold approximately 30-40% of shares. The Japanese government does not hold a significant ownership stake.

What is ANA Holdings' revenue?
ANA Holdings reported operating revenues of 2,539.2 billion yen for the fiscal year ended March 31, 2025, up 8.7% year over year. Operating profit was 172.5 billion yen, and net income was 112.3 billion yen. International passenger revenue was 813.5 billion yen, growing 23.1% year over year.

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History of ANA Holdings Inc.

All Nippon Airways traces its origins to December 1952, when Helicopter and Airplane Transport Company was established in Tokyo. The company began operations with helicopter services and small aircraft. In 1953, the company began operating scheduled passenger flights, becoming one of Japan's first post-war airlines. The company was renamed All Nippon Airways (ANA) in 1957.

During the 1960s and 1970s, ANA grew as Japan's domestic airline, competing with Japan Airlines (JAL), which held a government-granted monopoly on international routes until 1986. ANA focused on domestic routes during this period, building a network connecting Tokyo, Osaka, and other major Japanese cities. The company went public on the Tokyo Stock Exchange in 1961.

In 1986, the Japanese government deregulated international air transport, allowing ANA to begin international operations. ANA launched its first international route from Tokyo to Guam in 1986. The company gradually expanded its international network through the 1990s and 2000s, adding routes to Asia, Europe, and North America.

In 1999, ANA joined the Star Alliance, gaining global connectivity through partner airlines. This partnership was strategically important for ANA's international growth, allowing it to offer worldwide coverage without operating all routes directly.

In 2010, ANA ordered 50 Boeing 787 Dreamliners, making it the launch customer and largest operator of the aircraft. The 787 became central to ANA's international fleet strategy, offering fuel efficiency and range for long-haul routes from Japan.

In 2013, ANA underwent a corporate restructuring, creating ANA Holdings Inc. as the parent company of All Nippon Airways. This restructuring separated the airline operating company from the holding company, similar to structures used by other major airline groups. The restructuring was completed in April 2013.

In 2012, ANA acquired Peach Aviation, a low-cost carrier based at Osaka Kansai Airport. Peach was established in 2011 as a joint venture between ANA and First Eastern Investment Group. ANA later took full ownership of Peach, making it ANA's low-cost carrier subsidiary. Peach operates short-haul domestic and international routes from Osaka and Tokyo.

In 2024, ANA launched AirJapan, a new medium-haul international carrier focused on leisure routes to Asia and Oceania. AirJapan operates Boeing 787-8 aircraft with a single-class configuration, targeting price-sensitive leisure travelers. The launch of AirJapan completed ANA Holdings' three-brand strategy: ANA for full-service, AirJapan for medium-haul leisure, and Peach for low-cost short-haul.

For the fiscal year ended March 31, 2025, ANA Holdings reported operating revenues of 2,539.2 billion yen, up 8.7% year over year. Operating profit was 172.5 billion yen, and net income was 112.3 billion yen. International passenger revenue grew 23.1% year over year, driven by strong demand for inbound tourism to Japan.

ANA Holdings Inc. Sustainability & Ethics

ANA Holdings publishes an annual sustainability report detailing its ESG commitments. The company has committed to achieving carbon neutrality by 2050 and has set intermediate targets for 2030. ANA has invested in sustainable aviation fuel (SAF) and has partnered with companies including Neste and Raven SR for SAF supply.

The company has also invested in fuel-efficient aircraft, particularly the Boeing 787 Dreamliner, which offers approximately 20% better fuel efficiency than previous-generation aircraft. ANA operates the world's largest 787 fleet, supporting its emissions reduction goals.

ANA has implemented waste reduction programs, including reducing single-use plastics on flights and recycling in-flight waste. The company's sustainability reporting is self-published and not independently certified. ANA has not pursued B Corp certification.

Awards & Recognition

  • SKYTRAX 5-Star Airline: ANA has received SKYTRAX 5-Star ratings multiple times, one of approximately 10 airlines globally to achieve this rating.
  • SKYTRAX Airline of the Year: ANA has been ranked among the top 10 airlines globally in the SKYTRAX World Airline Awards.
  • Air Transport World Airline of the Year: ANA received this recognition in 2021 for its operational excellence and pandemic response.
  • APEX Official Airline Ratings: ANA has received APEX Five-Star ratings based on passenger feedback.

Controversy, Regulation & Public Scrutiny

In 2025, ANA faced a safety investigation after a cockpit window on a Boeing 787 developed cracks during a domestic flight. The aircraft landed safely without injuries. The Japan Transport Safety Board investigated the incident, and ANA inspected its 787 fleet for similar issues. Boeing issued guidance related to the cockpit window component.

ANA has faced labor relations challenges, including disputes with pilot and cabin crew unions over working conditions and compensation. The company has negotiated collective bargaining agreements with its unions, though tensions have periodically surfaced.

The company faced operational disruptions during the COVID-19 pandemic, requiring government support and significant capacity reductions. ANA returned to profitability in FY2023 as travel demand recovered.

ANA has faced criticism over its handling of passengers with disabilities, including incidents where wheelchair users reported inadequate assistance. The company has implemented training programs and accessibility improvements in response.

Brands Owned by ANA Holdings Inc.

ANA Holdings Inc. owns 0 brands in our database. Explore the ownership tree below — click categories to expand and see individual brands.

ANA Holdings Inc. has no brands in our database yet.

Stock Information

ANA Holdings Inc. Ownership: Pros & Cons

Advantages

  • +Largest airline group in Japan by revenue, with approximately 50% domestic market share
  • +Three-brand strategy covering full-service (ANA), leisure (AirJapan), and low-cost (Peach) segments
  • +Star Alliance membership providing global connectivity through partner airlines
  • +World's largest Boeing 787 Dreamliner operator, supporting fuel efficiency and international expansion
  • +Strong international revenue growth of 23.1% in FY2025, driven by inbound tourism to Japan

Considerations

  • -Japan's declining population creates long-term headwinds for domestic passenger demand
  • -Weak yen benefits inbound tourism but discourages outbound travel by Japanese citizens
  • -Fuel costs and currency exposure create earnings volatility
  • -Three-brand strategy adds operational complexity and potential for brand cannibalization
  • -Regulatory scrutiny following safety incidents, including the 2025 cockpit window issue

Frequently Asked Questions About ANA Holdings Inc.

What does ANA Holdings own?

ANA Holdings owns All Nippon Airways (ANA), Japan's largest full-service airline, Peach Aviation, a low-cost carrier based at Osaka Kansai Airport, and AirJapan, a medium-haul leisure carrier launched in 2024. The company also operates subsidiaries in cargo handling, ground services, maintenance, and travel services.

Is ANA Holdings publicly traded?

Yes. ANA Holdings trades on the Tokyo Stock Exchange under ticker 9202. The company is part of the Nikkei 225 index and has been publicly traded since 1961, when All Nippon Airways first listed on the exchange.

Who founded ANA?

All Nippon Airways was founded in December 1952 as Helicopter and Airplane Transport Company in Tokyo. The company began with helicopter services and small aircraft before expanding into scheduled passenger flights. It was renamed All Nippon Airways in 1957. ANA Holdings was created as the parent company in 2013.

Where is ANA Holdings headquartered?

ANA Holdings is headquartered in Tokyo, Japan. The company's main hub airports are Tokyo Haneda and Tokyo Narita, with additional focus cities at Osaka Kansai and Okinawa Naha.

How many brands does ANA Holdings own?

ANA Holdings owns 3 airline brands: ANA (full-service carrier), Peach Aviation (low-cost carrier), and AirJapan (medium-haul leisure carrier). The company also operates subsidiaries in cargo, maintenance, and travel services, but these operate under the ANA brand rather than as separate consumer brands.

Who owns ANA Holdings?

ANA Holdings is a publicly traded company with no single controlling shareholder. The Master Trust Bank of Japan and Custody Bank of Japan are among the largest institutional holders. Overseas investors hold approximately 30-40% of shares. The Japanese government does not hold a significant ownership stake.

What is ANA Holdings' revenue?

ANA Holdings reported operating revenues of 2,539.2 billion yen for the fiscal year ended March 31, 2025, up 8.7% year over year. Operating profit was 172.5 billion yen, and net income was 112.3 billion yen. International passenger revenue was 813.5 billion yen, growing 23.1% year over year.

Sources & Further Reading

  • ANA Holdings Official Website,
  • ANA Holdings Investor Relations,
  • ANA Holdings FY2025 Financial Results,
  • Star Alliance,
  • SKYTRAX ANA Reviews,
  • Wikipedia: All Nippon Airways,
  • Peach Aviation Official Website,
  • AirJapan Official Website,

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Last reviewed: August 7, 2026 · Reviewed by Who Brands Editorial Team