Skymark Airlines Inc. announces that, at a meeting of its Board of Directors held on May 15, 2023, Skymark has decided to revise its dividends per share forecast. The company revised dividend for Fiscal Year Ended March 31, 2023 of JPY 5.00 per share against JPY 0.00 per share provided earlier. As for the fiscal year ended March 31, 2023, Skymark has previously announced that its board would not pay dividends as it place the highest priority on strengthening its financial position given the impact of the spread of COVID-19.

However, its board of directors has decided to pay the dividend, after comprehensively considering its financial performance for the fiscal year-end which implies a strong recovery of travel demand and future business expansion.