Fuji Oil Holdings (2607) Q3 2026 earnings summary

Executive summary

• Net sales for FY2025 Q3 reached ¥582.8 billion, up 18.5% year-over-year, driven by higher sales prices and demand expansion, especially in Vegetable Oils and Fats and Industrial Chocolate.

• Business profit surged 700.7% year-over-year to ¥28.8 billion, mainly due to strong segment performance and reduced cocoa-related expenses at Blommer.

• Profit attributable to owners of parent improved to ¥16.4 billion, up from a loss of ¥1.6 billion in the prior year.

• The group adopted IFRS from FY2025 Q1, with prior year figures restated for comparison.

• The company finalized the acquisition of PROVENCE HUILES S.A.S during Q3.

Financial highlights

• Operating profit reached ¥27.5 billion, up from ¥2.3 billion year-over-year.

• EBITDA for Q3 was ¥43.4 billion, with a net profit margin of 2.8% and ROE of 9.8%.

• Total assets at Q3-end were ¥679.7 billion, with interest-bearing debt at ¥323.3 billion.

• Free cash flow remained negative at ¥-50.1 billion, reflecting capital expenditures and acquisition costs.

• Basic earnings per share improved to ¥190.47 from a loss of ¥19.07 year-over-year.

Outlook and guidance

• Full-year net sales forecast revised to ¥772.0 billion, a 15.0% increase year-over-year, reflecting lower expected sales volume at Blommer.

• Full-year business profit forecast revised upward to ¥36.5 billion, up 175.2% year-over-year, driven by strong vegetable oils and fats performance.

• Profit attributable to owners of parent forecast at ¥16.5 billion, with EPS of ¥191.92.

• Year-end dividend planned at ¥26 per share, totaling ¥52 for the year.