OSG (6136) investor relations material

Executive summary

• Achieved full-year revenue and profit growth in FY2025, with record-high EBITDA and EPS, driven by a strong Q4 recovery and robust performance in key regions and product segments.

• Net sales increased 3.3% year-over-year to ¥160,619 million, with operating income up 7.7% to ¥20,330 million and net income attributable to owners of parent rising 6.7% to ¥14,334 million.

• Comprehensive income surged 91.3% year-over-year to ¥24,231 million, reflecting strong performance and favorable foreign currency translation adjustments.

• Expansion of overseas business and product diversification contributed to balanced growth, with significant investments in new facilities and sustainability initiatives.

Financial highlights

• Net sales reached ¥160.6 billion, up 3.3% year-over-year; operating profit rose 7.7% to ¥20.3 billion.

• EBITDA increased 7.3% to ¥34.0 billion; EBITDA margin improved to 21.2%.

• EPS climbed 15.6% to ¥172.11; ROE improved to 8.3%.

• Ordinary income increased 12.8% to ¥22,354 million, and EPS rose to ¥172.11 from ¥148.94.

• Cash flows from operating activities were ¥26,389 million, with cash and cash equivalents at period end at ¥48,005 million.

Outlook and guidance

• FY2026 consolidated net sales forecast at ¥165 billion (+2.7%), operating profit at ¥22 billion (+8.2%), and EPS at ¥187.46 (+8.9%).

• FY2026 net income attributable to owners of parent projected at ¥15,400 million (+7.4%).

• Dividend policy revised to the higher of a 45% payout ratio or DOE of 3.5%, with annual dividend forecast for FY2026 at ¥84.00 per share.

• Continued focus on capital investment, with ¥12 billion planned for FY2026, including new factory expansion.