Consolidated Financial Results for the Nine Months Ended December 31, 2025(Under Japanese GAAP) ( 103KB )

FY 2025 3Q Supplementary Materials for Financial Results ( 212KB )

During the nine months ended December 31, 2025, in the business environment surrounding our group, the demand for aviation fuel remained firm due to an increase in the number of foreign visitors to Japan. In the case of fuel oil for automobiles, market prices remained unstable due to measures by the government to reduce the price of fuel oil on a straight-line basis and the abolishment of the provisional tax rates for gasoline tax and diesel fuel tax.
Under these circumstances, during the nine months ended December 31, 2025, net sales of our group decreased by 3.2% year-on-year to 459,522million yen due to a decrease in the sales volume of petroleum products. Operating profit decreased by 20.0% year-on-year to 6,879million yen. This was caused by deterioration in performance at consolidated subsidiary Kygnus Sekiyu K.K., stemming from the impact of the domestic petroleum product market conditions. Ordinary profit decreased 17.9% year-on-year to 7,766million yen, and profit attributable to owners of parent decreased by 5.9% year-on-year to 6,177million yen.

Segment results are as follows.

In the petroleum-related business, net sales decreased by 3.9% year-on-year to 391,241million yen due to the decrease in sales volume of peroleum products. Segment profit decreased by 60.2% year-on-year to 2,497million yen. Although market conditions for petroleum products began to stabilize from the second quarter, profitability deteriorated from the start of the fiscal year in certain transactions with Kygnus Sekiyu K.K.

In the Chemical Products-related business, net sales increased by 0.3% year-on-year to 9,646million yen. Segment profit increased by 9.1% year-on-year to 944million yen, due to improved margins on car wash products and solvents.

In the Gas-related business, net sales decreased by 5.0% year-on-year to 40,722million yen due to a decline in LP gas sales prices. Segment profit increased by 53.4% year-on-year to 920million yen due to an increase in the number of retail customers. In December 2025, the Company acquired all shares of Smart Solution Co., Ltd., the holding company of KUMAMOTO SEKIYU Co., Ltd.KUMAMOTO SEKIYU Co., Ltd. sells LP gas to retail customers and operates service stations in Kumamoto City, Kumamoto Prefecture. Both companies became consolidated subsidiaries.

In the Aviation-related business, net sales increased 16.3% year-on-year to 12,638million yen due to solid growth in the volume of fuel handled on international flights at Haneda Airport. Segment profit increased by 57.7% year-on-year to 4,452million yen.

In the Other business, net sales increased by 23.2% year-on-year to 5,272 million yen due to solid performance in the construction industry. Segment profit increased by 20.9% year-on-year to 760 million yen.