Moresco Corporation · TSE:5018

Moresco — Q3 FY2025 Earnings Presentation

13 slides from Moresco's earnings presentation, Jan 20, 2026

  1. Slide 1: The 68th 3Q Financial Report

    The 68th 3Q Financial Report (From March 1, 2025 to November 30, 2025) Tokyo Stock Exchange Standard Market 5018 (Petroleum and Coal Products) January 20, 2026 Copyright © MORESCO Corporation All Rights Reserved.

  2. Slide 2: Business Environment - Volume of automobile production

    Business Environment - Volume of automobile production ➢ Automotive production in Japan and the United States declined year-over-year during this period. ➢ In China, new energy vehicles maintained strong performance, driving substantial overall growth. Trends in the volume of automobile production i

  3. Slide 3: Business Environment - Trends in foreign exchange, crude oil and naphtha prices

    Business Environment - Trends in foreign exchange, crude oil and naphtha prices ➢ The average USD/JPY exchange rate through the end of the third quarter of the FY26/2 period has trended stronger (yen appreciation) year over year. ➢ Crude oil prices have been trending downward. Trends in foreign exch

  4. Slide 4: Consolidated Statement of Income

    Consolidated Statement of Income Same-period YoY change ➢ Net sales FY2024 FY2025 Change in Change in • Revenue declined due to a drop in (Millions of yen) 3Q 3Q amount percentage overseas automobile production, particularly in Thailand and North Net sales 25,917 25,573 ▲344 ▲1.3％ America. Gross pro

  5. Slide 5: Net sales by Division

    Net sales by Division ➢ Net sales increased in the Special Lubricants and Liquid Paraffin & Sulfonates division, but a decline in Hot Melt Adhesive division dampened overall sales. Same-period YoY change Departmental net sales share FY2024 FY2025 3Q 3Q Change in Change in 25,917 25,573 (Millions of

  6. Slide 6: Special Lubricants Division

    Special Lubricants Division 【Net sales】 Up 1.0% same-period YoY (¥ 14,987 million) [Sales volume] Down 1.0% same-period YoY （Millions of yen) ➢ High vacuum pump oil ・ Hydraulic fluid 【Net sales】 3,800 3,709 • Domestic and international demand declines led to lower sales. 3,282 ➢ DC fluids 2,989 • Sa

  7. Slide 7: Hot melt Adhesive Division

    Hot melt Adhesive Division 【Net sales】 Down 8.3% same-period YoY (¥5,784 million) [Sales volume] Down 5.6% same-period YoY （Millions of yen) ➢ Hygiene applications 【Net sales】 4,454 • Sales declined as sales in Japan and 4,098 Southeast/South Asia decreased. ➢ Adhesive • Sales increased due to highe

  8. Slide 8: Liquid Paraffin & Sulfonates Division

    Liquid Paraffin & Sulfonates Division 【Net sales】 Up 5.5% same-period YoY (¥ 3,322 million) [Sales volume] Up 4.7% same-period YoY （Millions of yen) ➢ Liquid Paraffin 【Net sales】 • Demand for polystyrene plasticizer 2,469 2,305 applications increased, leading to higher sales. ➢ Sulfonates • Domestic

  9. Slide 9: Trends in Consolidated Net Sales and Consolidated Gross Profit Margin

    Trends in Consolidated Net Sales and Consolidated Gross Profit Margin ➢ Net sales declined slightly year over year. ➢ Gross margin on net sales increased due to higher sales of high-value-added products. (Millions of yen) 9,000 8,847 8,815 40% 8,708 8,457 8,516 8,500 8,345 8,349 8,254 8,155 35% 7,95

  10. Slide 10: Consolidated Segment Profits and Losses

    Consolidated Segment Profits and Losses [Japan] Net sales declined slightly, but with increased high-value-added product sales and cost controls, operating profit rose significantly. [China] Net sales from adhesive use in filters declined, but rationalization improved operating profit. [Southeast/So

  11. Slide 11: FY2025 Consolidated Earnings Forecast

    FY2025 Consolidated Earnings Forecast ➢ Assumptions for the full-year FY2025 FY2025 Progress rate forecasts (Millions of yen) forecasts Interim results • Crude oil price: 79.5$/b • Exchange rate: $145 dollars/¥1 Net sales 36,500 25,573 70.1% ➢ Dividend/share (forecasts) Operating profit 1,750 1,671

  12. Slide 12: Topics (Initiatives to strengthen the global framework.)

    Topics (Initiatives to strengthen the global framework.) Copyright © MORESCO Corporation All Rights Reserved. 11

  13. Slide 13: Head Office and R&D Center

    Head Office and R&D Center MORESCO Group delivers sustainable one-of-a-kind products MORESCO Group Integrated Report 2025 ➢ Performance outlook and other information related to future forecasts and strategies contained in this material is based on the Company’s decisions at the time of preparation o

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