9201 JP (Japan Airlines)

Japan Airlines Co Ltd

Industrial/Transportation


Presented:08/07/2013
Price:¥2,700.00
Cap:$8.22B
Current Price:¥2,436.00
Cap:$8.89B

Presented

Date08/07/2013
Price¥2,700.00
Market Cap$8.22B
Ent Value$6.74B
P/E Ratio8.29x
Book Value¥0.27
Div Yield2.61%
Shares O/S362.64M
Ave Daily Vol2,620,000
Short IntN/A

Current

Price¥2,436.00
Market Cap$8.89B
Japan Airlines Co., Ltd. provides airline services in Japan and internationally. The company engages in the provision of scheduled and non-scheduled air transportation services, and aerial work services, as well as other related business. As of June 18, 2013, it operated a fleet of 12 E170 jets. The company was founded in 1951 and is headquartered in Shinagawa-ku, Japan.

Please note, this stock split on 09/26/2014 at a ratio of 2/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of ¥5400 JPY.

Highlights

The Japanese government-led the restructuring of Japan Airlines (JAL) reduced the company’s cost structure by 17%, and the company emerged from bankruptcy in 2010 with 2/3 of the employees it once had, and a ~20% reduction in wages, on average. The presenter believes the airline is now well-positioned to compete in the marketplace, and noted that the company is running on the 2nd lowest level of leverage of any airline in the world. In addition to JAL shares being relatively cheap, the following points support his bullish thesis:

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Idea Discussion

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