San-Ai Obbli (8097) Q1 2026 earnings summary

Executive summary

• Net sales increased by 2.1% year-over-year to ¥154,034 million in FY2025 1Q, but operating profit dropped 58.2% to ¥1,021 million due to deteriorated profitability, mainly from subsidiary Kygnus Sekiyu K.K.

• Ordinary profit decreased 51.8% year-over-year to ¥1,344 million, and profit attributable to owners of parent fell 58.9% to ¥1,073 million.

• Comprehensive income declined 71.3% year-over-year to ¥570 million.

Financial highlights

• Net sales: ¥154,034 million (+2.1% year-over-year).

• Operating profit: ¥1,021 million (-58.2% year-over-year).

• Ordinary profit: ¥1,344 million (-51.8% year-over-year).

• Profit attributable to owners of parent: ¥1,073 million (-58.9% year-over-year).

• Gross profit decreased to ¥12,651 million from ¥14,123 million year-over-year.

Outlook and guidance

• Full-year forecast: Net sales ¥660,000 million, operating profit ¥13,000 million, ordinary profit ¥14,000 million, profit attributable to owners of parent ¥9,100 million.

• Progress rates for 1Q: Net sales 23.3%, operating profit 7.9%, ordinary profit 9.6%, profit attributable to owners of parent 11.8%.

• Medium-term management plan targets ordinary profit of ¥13–15 billion and consolidated ROE of 8% or more.

• No revision to previously announced earnings forecasts; measures to address Petroleum-related business slump are being implemented.

• Aviation-related business expected to maintain strong demand.