TOKYO, Mar 13 (Pulse News Wire) – OSG Corporation CO.,LTD. (6757.T) reported lower-than-expected results for its fiscal year ending January 31, 2026, compared to previous forecasts released on March 14, 2025.
The company recorded a special gain of ¥74.3 million from the sale of Kuhori Building and a related company stock evaluation loss of ¥98.1 million, impacting individual but not consolidated earnings. In the fiscal year ended January 31, 2026, revenue was revised downward to ¥8.185 billion from the previously forecasted ¥8.600 billion. Operating profit was ¥207 million from ¥500 million, while ordinary profit dropped to ¥216 million from ¥500 million.
Net income per share decreased to ¥20.5 million from ¥57.8 million, reflecting a significant decline across key metrics. The discrepancies were primarily attributed to delays in large-scale water-related equipment projects and increased marketing expenses due to the Osaka-Kansai Expo and a promotional campaign marking the company's 55th anniversary. Additionally, ongoing investments in the FOOD sector and asset impairment losses contributed to the reduced profitability.
Despite these challenges, OSG plans to maintain its dividend payout of ¥40 per share, considering the non-cash nature of the asset impairment charges and future growth prospects.
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