San-Ai Obbli (8097) Q2 2027 earnings summary

Executive summary

• H1 FY2027 net sales fell 2.1% YoY to ¥301,942m; operating profit rose 80.1% to ¥6,816m, ordinary profit rose 74.6% to ¥7,523m, and attributable profit rose 70.5% to ¥4,822m.

• Profit growth reflected recovery at Kygnus Sekiyu and stronger chemical-products performance, partly offset by lower petroleum product sales volumes.

Financial highlights

• Gross profit rose to ¥30,731m from ¥26,780m; SG&A increased to ¥23,915m from ¥22,996m.

• Ordinary-profit bridge: petroleum price +¥2,918m, chemicals +¥569m, gas +¥482m, and SG&A impact -¥919m; unit-price factor includes inventory gains/losses.

• Basic EPS was ¥78.03 versus ¥45.38 in the prior-year half.

Outlook and guidance

• FY2027 forecast: net sales ¥630,000m, operating profit ¥13,500m, ordinary profit ¥15,000m, attributable profit ¥9,300m, and EPS ¥150.49; full-year guidance was raised based on H1 results and the outlook.

• H1 achieved 48.7% of revised sales guidance, 56.8% of operating profit, 57.9% of ordinary profit, and 58.8% of attributable profit.

• Forecast results may differ significantly due to business conditions and other factors; forecasts rely on current information and reasonable assumptions.