San-Ai Obbli Co., Ltd.
Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese Standards] (Consolidated)
For the third quarter of the fiscal year ending March 2026, net sales were 459.522 billion yen (3.2% YoY decrease), operating income was 6.879 billion yen (20.0% YoY decrease), and quarterly net income attributable to owners of the parent was 6.177 billion yen (5.9% YoY decrease).
Key Figures
- Net Sales (Cumulative Third Quarter FY March 2026): 459,522 million yen (3.2% YoY decrease)
- Operating Income (Cumulative Third Quarter FY March 2026): 6,879 million yen (20.0% YoY decrease)
- Quarterly Net Income Attributable to Owners of Parent (Cumulative Third Quarter FY March 2026): 6,177 million yen (5.9% YoY decrease)
- Full-Year Earnings Forecast FY March 2026 - Net Sales: 660,000 million yen (0.9% YoY increase)
- Full-Year Earnings Forecast FY March 2026 - Operating Income: 13,000 million yen (10.1% YoY increase)
- Annual Dividend Forecast: 100 yen (50 yen x 2 times)
- Equity Ratio (Third Quarter FY March 2026): 52.5% (Decreased YoY)
- Treasury Stock Acquisition Resolution: Up to 500,000 shares, total acquisition price cap 1,100 million yen, acquisition period from 2026-02-12 to 2026-03-31
- Treasury Stock Retirement Resolution: 3,000,000 shares, scheduled retirement date 2026-02-27
AI要約
Overview of Business Performance
For the cumulative third quarter period of the fiscal year ending March 2026, the Group's net sales amounted to 459.522 billion yen, a 3.2% decrease compared to the same period last year. Operating income was 6.879 billion yen, down 20.0% YoY, and ordinary income was 7.766 billion yen, a 17.9% YoY decline. Quarterly net income attributable to owners of the parent was 6.177 billion yen, decreasing 5.9% YoY. The decrease in net sales was primarily due to lower sales volume of petroleum products, and the decline in operating income was driven by deteriorating domestic petroleum product market conditions and worsened performance of consolidated subsidiary Cygnus Oil Co., Ltd. By segment, the petroleum-related business saw a 3.9% decrease in net sales and a decline in segment profit, while the aviation-related business achieved a 16.3% increase in net sales and a 57.7% rise in profit due to higher handled fuel volume.
Overview of Financial Position
At the end of the consolidated third quarter accounting period of the fiscal year ending March 2026, total assets were 215.369 billion yen, an increase of 8.259 billion yen compared to the previous fiscal year-end. Total liabilities increased by 8.761 billion yen to 95.848 billion yen, while total net assets decreased by 0.052 billion yen to 119.520 billion yen. Consequently, the equity ratio fell from 54.8% to 52.5%. Cash and cash equivalents increased by 52.134 billion yen, and operating activities generated a positive cash flow of 21.861 billion yen.
Dividend Status
The annual dividend forecast for the fiscal year ending March 2026 is 50 yen per share at year-end, totaling 100 yen annually, unchanged from the previous period. There have been no revisions to the dividend forecast recently announced.
Consolidated Earnings Forecast for Fiscal Year Ending March 2026
The full-year consolidated earnings forecast calls for net sales of 660.000 billion yen (0.9% YoY increase), operating income of 13.000 billion yen (10.1% YoY increase), ordinary income of 14.000 billion yen (8.9% YoY increase), and net income attributable to owners of the parent of 9.100 billion yen (5.1% YoY increase). Earnings per share are projected at 146.02 yen.
Significant Subsequent Event
At the Board of Directors meeting held on February 10, 2026, a resolution was passed to acquire and retire treasury shares. The maximum acquisition is 500,000 shares, with a total acquisition price cap of 1.1 billion yen. The acquisition period is from February 12, 2026 to March 31, 2026. The planned number of shares to retire is 3,000,000 shares, with a scheduled retirement date of February 27, 2026.
