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OSG Corp extends rally as Q1 operating profit jumps 58%
OSG Corporation <6136> extended its rally after announcing its first-quarter results for the period through February 2026 following the market close on Friday. The company reported revenue of 42.627 billion yen (up 12.8% year-on-year), while operating profit jumped 57.9% to 6.134 billion yen and net profit surged 93.2% to 5.04 billion yen, delivering upbeat growth that spurred investor optimism.
Domestic sales of the flagship A-brand lineup remained steady, while revenue from the Americas grew on strong demand for general parts and aerospace/defense applications. In the Europe, Africa, and Asia segments, both revenue and operating profit significantly outperformed the prior year, aided in part by favorable currency translation. OSG maintained its full-year guidance for the fiscal year ending November 2026, projecting revenue of 165 billion yen (up 2.7% year-on-year), operating profit of 22 billion yen (up 8.2%), and net profit of 15.4 billion yen (up 7.4%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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