Sanyo Trading (3176) Q3 2026 earnings summary

Executive summary

• Net sales and profits increased year-over-year for the third quarter, with significant profit growth attributed to the sale of cross-shareholdings.

• Net sales rose 8.8% year-over-year to ¥107,535 million for the first nine months ended June 30, 2026, with operating profit up 18.5% to ¥6,557 million and profit attributable to owners of parent up 18.3% to ¥5,406 million.

• Comprehensive income increased 39.1% year-over-year to ¥6,173 million.

• Full-year forecasts were revised upward, anticipating record highs in net sales, operating profit, and profit attributable to owners of parent.

• Shareholder returns enhanced with an 80th anniversary commemorative dividend and a treasury share buyback, targeting a total return ratio above 48%.

Financial highlights

• Net sales for the first three quarters rose 8.8% YoY to ¥107,535 million; operating profit up 18.5% YoY to ¥6,557 million.

• Profit attributable to owners of parent increased 18.3% YoY to ¥5,406 million, with EPS at ¥93.80.

• Gross profit increased to ¥18,981 million from ¥17,193 million year-over-year.

• Ordinary profit rose 11.2% year-over-year to ¥6,714 million.

• Total assets grew to ¥87,341 million, up ¥5,845 million from the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast revised to ¥138,000 million (+4.0% YoY); operating profit to ¥7,500 million (+16.6% YoY).

• Profit attributable to owners of parent forecast at ¥6,000 million (+30.0% YoY); EPS projected at ¥104.05.

• Estimated year-end dividend includes a regular dividend of ¥15.00 and a commemorative dividend of ¥10.00 per share, reflecting a 2-for-1 stock split.

• Segment forecasts reflect strong performance in Fine Chemicals and Industrial Products.