Air Transportation · Fiscal year end Mar 31

Star Flyer Inc.

9206

株式会社スターフライヤー

FIGI BBG000R2G3299206.T9206 JPCorp. no. 6290801006558

Latest half-year results

First half · fiscal year to 2026-03 · filed 2025-10-31

For the first half of the fiscal year to 2026-03: Revenue ¥21.5 billion (+2.8% YoY), Ordinary income ¥-0.4 billion (-157.7% YoY), Net income ¥-0.1 billion (-115.1% YoY).

	This period	Year on year
Revenue	¥21.5bn	+2.8%
Ordinary profit	−¥370m	-157.7%
Net profit to owners	−¥100m	-115.1%

From the securities report on EDINET, which states no forecast. History via /v1/companies/9206/earnings-releases.

Financials

Japan GAAP · non-consolidated · fiscal year to 2026-03-31

Revenue: ¥44.8bn
Net income: ¥434m
ROE: 7.5%
Equity ratio: 19.6%
Dividend / share: —
Employees: 806

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2026-03-31	¥44.8bn	¥0.4bn	¥36.9bn	¥7.2bn	7.5%	¥34.38	¥1.6bn
2025-03-31	¥42.9bn	¥1.9bn	¥24.5bn	¥4.3bn	51.4%	¥536.66	¥5.3bn
2024-03-31	¥40.0bn	¥0.9bn	¥23.6bn	¥3.2bn	36.8%	¥260.1	¥0.5bn
2023-03-31	¥32.3bn	¥0.1bn	¥21.4bn	¥1.8bn	4.7%	¥21.88	¥0.1bn
2022-03-31	¥21.1bn	−¥5.0bn	¥20.1bn	¥1.4bn	—	¥-1,734.98	−¥5.2bn

Indicators

Computed by us from filings · fiscal year to 2026-03-31

Metric	Value	Percentile among listed companies
ROE, %	7.5	42.3
Ordinary margin	0.0153	14.6
Equity ratio, %	19.6	7
Revenue growth	0.0442	47.3
Net income growth	-0.7743	8.8
Operating cash flow / assets	0.0423	35.1

Policy-uncertainty measure0.47 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Regulation 1 Politics & geopolitics 1

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 1 new 5% holder(s) in 180 days; net stake change 0.00pt in 90 days; 28.4% held by other listed companies.

Results wording balance: 0.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥1.8bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥9m, 0.6% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/9206/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-06-25: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断いたしました。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Latest voting result: 2026-06-26 · 剰余金の処分の件 · passed. /v1/companies/9206/voting

Ownership changes

All companies →

2026-05-13

New 5% stake

IXGS, Inc. disclosed a 52.99% stake in Star Flyer Inc. (9206), crossing the 5% reporting threshold.

S100Y2GYFiler profile Original filing (PDF, Japanese)
2026-05-13

Threshold

Holdings of IXGS, Inc. in Star Flyer Inc. (9206) moved above 10% (new -> 52.99%).

S100Y2GYFiler profile Original filing (PDF, Japanese)
2026-05-13

Threshold

Holdings of IXGS, Inc. in Star Flyer Inc. (9206) moved above 20% (new -> 52.99%).

S100Y2GYFiler profile Original filing (PDF, Japanese)
2026-05-13

Threshold

Holdings of IXGS, Inc. in Star Flyer Inc. (9206) moved above 33.4% (new -> 52.99%).

S100Y2GYFiler profile Original filing (PDF, Japanese)
2026-05-13

Threshold

Holdings of IXGS, Inc. in Star Flyer Inc. (9206) moved above 50% (new -> 52.99%).

S100Y2GYFiler profile Original filing (PDF, Japanese)
2026-03-17

Below 5%−16.03pt

IXGS, Inc. cut holdings in Star Flyer Inc. (9206) to 0.15% from 16.18%, below the 5% threshold.

S100XPY8Filer profile Original filing (PDF, Japanese)
2026-03-17

Threshold

Holdings of IXGS, Inc. in Star Flyer Inc. (9206) moved below 10% (16.18% -> 0.15%).

S100XPY8Filer profile Original filing (PDF, Japanese)
2025-10-20

Amendment−19.95pt

Japanet Holdings Co.,Ltd. filed a correction to a 5% report on Star Flyer Inc. (9206).

S100WVXYFiler profile Original filing (PDF, Japanese)
2025-10-20

Decrease−19.95pt

Japanet Holdings Co.,Ltd. reduced holdings in Star Flyer Inc. (9206) to 13.21% from 33.16%.

S100WVXZFiler profile Original filing (PDF, Japanese)
2025-10-20

Threshold

Holdings of Japanet Holdings Co.,Ltd. in Star Flyer Inc. (9206) moved below 20% (33.16% -> 13.21%).

S100WVXZFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
IXGS, Inc.	2022-03-10 – 2026-03-10	-796,200	−18.87pt	¥2,384.44	¥2,134–2,498
株式会社ジャパネットホールディングス	2022-08-26 – 2025-10-01	-100,000	+15.07pt	¥2,448.2	¥2,448–2,448
株式会社エアトリ	2022-12-22 – 2022-12-22	+103,900	+2.95pt	¥3,000	¥3,000–3,000

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/9206/trades.

5% filings

Large shareholding reports on 9206

Filed	Filer	Stake	Change	Stated purpose
2026-05-13	IXGS, Inc.	52.99%	—	pure investment
2026-03-17	IXGS, Inc.	0.15%	−16.03pt	pure investment
2025-10-20	Japanet Holdings Co.,Ltd.	13.21%	−19.95pt	business alliance strategic holding
2025-10-20	Japanet Holdings Co.,Ltd.	13.21%	−19.95pt	business alliance strategic holding
2025-10-17	Japanet Holdings Co.,Ltd.	13.21%	−19.95pt	business alliance strategic holding
2025-05-22	IXGS, Inc.	16.18%	−4.18pt	pure investment
2025-05-02	IXGS, Inc.	20.36%	−0.54pt	pure investment
2023-01-04	AirTrip Corp.	5.21%	—	—
2022-10-05	IXGS, Inc.	20.90%	−11.94pt	pure investment
2022-09-29	株式会社ジャパネットホールディングス	33.16%	+18.09pt	business alliance strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: — issues
Book value: —
Sold in the year: — — issues
Bought in the year: — — issues
Mutual, both reports: 0
Held by listed cos.: 20

Held by: ANA HOLDINGSINC. 9202, TOTO LTD. 5332, YASKAWA Electric Corporation 6506, 9508 9508, NISSAN MOTOR CO., LTD. 7201, DAIICHI KOUTSU SANGYO Co.,Ltd. 9035, Nishi-Nippon Railroad Co.,Ltd. 9031, Mitsui High-tec, Inc. 6966, ZENRIN CO., LTD. 9474, WORLD HOLDINGS CO.,LTD. 2429, Nishi-Nippon Financial Holdings, Inc. 7189, SANKYU INC. 9065 and 8 more

Purposes, all holdings and mutual flags via /v1/companies/9206/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2026-03-31

Shareholder	Shares	Ratio
ＡＮＡホールディングス株式会社	516,200	13.61%
株式会社ジャパネットホールディングス	500,000	13.19%
株式会社エアトリ	183,400	4.84%
ＴＯＴＯ株式会社	140,250	3.70%
宜本興産株式会社	105,000	2.77%
株式会社安川電機	94,910	2.50%
individual holder	90,000	2.37%
北九州エアターミナル株式会社	80,000	2.11%
株式会社日本カストディ銀行（三井住友信託銀行再信託分・九州電力株式会社及び九州電力送配電株式会社退職給付信託口）	70,000	1.85%
日産自動車株式会社	60,000	1.58%

Get this as JSON

GET /v1/companies/9206
GET /v1/companies/9206/financials
GET /v1/companies/9206/details
GET /v1/companies/9206/segments
GET /v1/companies/9206/voting
GET /v1/companies/9206/tender-offers
GET /v1/companies/9206/indicators
GET /v1/companies/9206/earnings-releases
GET /v1/events?ticker=9206
GET /v1/companies/9206/trades         
GET /v1/companies/9206/cross-holdings 
GET /v1/companies/9206/brief

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