Japan Oil Transportation (9074) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥8,752 million, up 6.1% year-over-year, driven by growth in petroleum and high-pressure gas transport.

• Operating profit reached ¥220 million, reversing a ¥66 million loss in the prior year; net profit attributable to shareholders was ¥199 million, up 40.4% year-over-year.

• The business environment remains challenging due to rising material costs, labor shortages, and economic uncertainty.

Financial highlights

• Gross profit increased to ¥893 million from ¥571 million year-over-year.

• Ordinary profit surged to ¥316 million, a 737.9% increase year-over-year.

• Comprehensive income was negative ¥114 million, compared to ¥366 million in the prior year, mainly due to valuation losses on securities.

• Total assets at quarter-end were ¥41,456 million, down ¥1,823 million from the previous fiscal year-end.

• Equity ratio improved to 61.9%, up 1.9 points from the previous year-end.

Outlook and guidance

• Full-year revenue forecast is ¥37,800 million, up 1.9% year-over-year; net profit forecast is ¥1,100 million, down 12.9% year-over-year.

• No changes to previously announced earnings guidance due to ongoing economic uncertainty.