The Japanese firm’s financial performance was pressured by a steep decline in top-line growth. Revenue for the period fell to ¥1.69 billion, down from ¥2.32 billion in the same timeframe a year ago. This contraction trickled down to the operating level, where the company recorded a loss of ¥335 million, compared to a ¥241 million loss in the prior year.

Financial Pressure and Earnings Per Share

According to the report, which follows Japanese accounting standards, the net loss per share widened to ¥29.55, up from ¥27.08. Pretax losses also saw a marked increase, climbing to ¥353 million from ¥269 million during the same period in the previous fiscal year.

Despite the widening deficit, the company confirmed its dividend policy remains unchanged. Flight Holdings reported a ¥0.00 dividend for the midyear and year-end forecasts, matching the payout levels from the previous fiscal cycle as the company continues to navigate a challenging earnings environment.