San-Ai Obbli (8097) Q3 2026 earnings summary

Executive summary

• Net sales for FY2025 3Q were ¥459.5 billion, down 3.2% year-over-year, mainly due to lower petroleum product sales volume.

• Operating profit declined 20% year-over-year to ¥6.9 billion, impacted by deteriorating performance at a key subsidiary and challenging domestic petroleum market conditions.

• Ordinary profit declined 17.9% to ¥7.8 billion, and profit attributable to owners fell 5.9% to ¥6.2 billion.

• Petroleum-related business saw significant profit decline, partially offset by robust aviation, chemical, gas, and other segments.

Financial highlights

• Net sales: ¥459.5 billion (down 3.2% YoY); operating profit: ¥6.9 billion (down 20% YoY).

• Ordinary profit: ¥7.8 billion (down 17.9% YoY); net profit: ¥6.2 billion (down 5.9% YoY).

• Gross profit for the period was ¥41.7 billion, down from ¥43.7 billion year-over-year.

• Basic earnings per share for the nine months was ¥99.12, compared to ¥103.33 in the prior year.

• Progress rates toward full-year forecasts: net sales 69.6%, operating profit 52.9%, ordinary profit 55.5%, net profit 67.9%.

Outlook and guidance

• Full-year forecasts: net sales ¥660 billion, operating profit ¥13 billion, ordinary profit ¥14 billion, net profit ¥9.1 billion (EPS: ¥146.02).

• Aviation-related business expected to maintain strong demand, especially for international flights.

• Petroleum-related business progress improving, with acceleration toward fiscal year-end.

• No revisions have been made to previously announced earnings forecasts.