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OSG, Jun-Aug (3Q) Ordinary Profit Increases by 25%
6136 OSG Corporation 【J-GAAP】
Earnings ReportOSG Corporation <6136> [TSE Prime] announced its financial results after the market closed on October 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending November 2025 (December 2024 to August 2025) was 14.9 billion yen, a 0.5% increase compared to the same period last year. However, Progress toward the full-year plan of 22.0 billion yen was 68.1%, also falling below the five-year average of 70.8%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the September to November period (4Q) is expected to expand 42.7% from the same period last year, reaching 7.01 billion yen.
In the most recent three-month period, from June to August (3Q), the consolidated ordinary profit grew 25.4% from the same period last year, reaching 5.07 billion yen. However, the operating profit margin decreased from 12.5% in the same period last year to 11.1%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec - Aug, 2022 | 107,731 | 14,085 | 15,270 | 10,044 | 104.8 | 71.5 | Oct 5, 2023 | J-GAAP |
| Dec - Aug, 2023 | 115,326 | 14,459 | 14,912 | 9,790 | 106.7 | 75.2 | Oct 10, 2024 | J-GAAP |
| Dec - Aug, 2024 | 115,994 | 13,759 | 14,988 | 9,643 | 115.3 | 68.1 | Oct 9, 2025 | J-GAAP |
| YoY | +0.6% | -4.8% | +0.5% | -1.5% | +8.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Nov, 2024 | 77,850 | 9,103 | 8,957 | 6,222 | 69.0 | 32 | Jan 9, 2025 | J-GAAP |
| Jun - Nov, 2025 Guidance | 82,621 | 11,516 | 12,085 | 8,017 | 97.6 | 60 | Jul 10, 2025 | J-GAAP |
| YoY | +6.1% | +26.5% | +34.9% | +28.8% | +41.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Nov, 2023 | 147,703 | 19,800 | 21,350 | 14,307 | 149.3 | 60 | Jan 11, 2024 | J-GAAP |
| Nov, 2024 | 155,517 | 18,868 | 19,825 | 13,439 | 148.9 | 60 | Jan 9, 2025 | J-GAAP |
| Nov, 2025 Guidance | 160,000 | 21,000 | 22,000 | 14,500 | 176.5 | 88 | Jul 10, 2025 | J-GAAP |
| YoY | +2.9% | +11.3% | +11.0% | +7.9% | +18.5% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 37,659 | 4,694 | 4,044 | 2,573 | 28.1 | 12.5 | Oct 10, 2024 | J-GAAP |
| Sep - Nov, 2024 | 40,191 | 4,409 | 4,913 | 3,649 | 40.4 | 11.0 | Jan 9, 2025 | J-GAAP |
| Dec - Feb, 2024 | 37,777 | 3,884 | 4,155 | 2,609 | 30.7 | 10.3 | Apr 10, 2025 | J-GAAP |
| Mar - May, 2025 | 39,602 | 5,600 | 5,760 | 3,874 | 46.0 | 14.1 | Jul 10, 2025 | J-GAAP |
| Jun - Aug, 2025 | 38,615 | 4,275 | 5,073 | 3,160 | 37.8 | 11.1 | Oct 9, 2025 | J-GAAP |
| YoY | +2.5% | -8.9% | +25.4% | +22.8% | +34.7% |
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