San-Ai Obbli (8097) Q2 2025 earnings summary

Executive summary

• Net sales for FY2024 2Q were ¥307,152 million, down 3.4% year-over-year, mainly due to lower petroleum product sales volume and revised aviation fuel handling fees.

• Operating profit dropped 36.2% year-over-year to ¥5,532 million, impacted by higher SG&A expenses and aviation fee revisions.

• Ordinary profit decreased 33.6% year-over-year to ¥6,055 million.

• Profit attributable to owners of parent declined 20.4% year-over-year to ¥4,488 million.

• Comprehensive income fell 48.5% year-over-year to ¥3,948 million.

Financial highlights

• Net sales: ¥307,152 million (down 3.4% year-over-year).

• Operating profit: ¥5,532 million (down 36.2% year-over-year).

• Ordinary profit: ¥6,055 million (down 33.6% year-over-year).

• Profit attributable to owners of parent: ¥4,488 million (down 20.4% year-over-year).

• Earnings per share for the period were ¥70.20, down from ¥85.04 a year earlier.

Outlook and guidance

• Full-year net sales forecast at ¥650,000 million, down 1.5% year-over-year.

• Operating profit forecast at ¥12,500 million, down 25.9% year-over-year.

• Profit attributable to owners of parent forecast at ¥9,500 million, down 15.3% year-over-year.

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

• Annual dividend forecast raised to ¥100 per share.