Financial Summary for the Second Quarter of the Fiscal Year Ending March 2027 (Interim) [Japanese GAAP] (Consolidated)

Overview of Results

For the second quarter, revenue was 309,187 million yen, a 0.7% increase year‑on‑year. However, due to factors such as higher raw material costs and foreign exchange impacts, operating income turned to a loss. Ordinary income was 3,244 million yen, and interim net income attributable to owners of the parent was 6,779 million yen, representing a substantial decline. By segment, sales in the energy division, including gas, LPG and electricity, supported overall revenue, but profits were significantly compressed due to the assumed impacts of crude oil prices and foreign exchange. At the time of the earnings release, the full‑year outlook was revised upward to revenue of 700,000 million yen (a 7.5% increase) and net income of 28,000 million yen.

Outlook and Capital Policy

The full‑year outlook was revised upward to revenue of 700,000 million yen and net income equivalent to 28,000 million yen compared with the previous forecast. Although customer numbers and sales volumes for electricity, gas and LPG were revised downward, improvement in earnings is expected based on crude oil price and exchange rate assumptions; note that operating income was not revised upward. Regarding treasury stock acquisitions, past acquisition results and future acquisition plans were disclosed, so attention should be paid to developments in capital policy.