Financial Summary for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Overview of Performance

For the fiscal year ending March 2026, consolidated results showed net sales of 174,519 million yen (2.5% increase YoY), operating income of 16,437 million yen (14.7% increase YoY), ordinary income of 16,495 million yen (14.3% increase YoY), and net income attributable to owners of the parent of 11,525 million yen (10.8% increase YoY). These results were driven by increased gas sales volumes and higher sales volumes of LNG and cold/heat energy. Seasonal fluctuations affect sales, with higher energy demand from winter through early spring.

Financial Position and Cash Flow Status

Total assets amounted to 198,198 million yen, an increase of 2,766 million yen YoY, mainly due to fixed asset increases from capital investments. Net assets rose by 11,224 million yen YoY to 99,710 million yen, driven by an increase in retained earnings. Cash flows from operating activities resulted in an inflow of 27,028 million yen, investing activities resulted in an outflow of 16,532 million yen, and financing activities showed an outflow of 12,027 million yen. The year-end balance of cash and cash equivalents stood at 9,799 million yen.

Dividend Status

The annual dividend for the fiscal year ending March 2026 was 24.50 yen (year-end 13 yen, interim 11.5 yen), increased from 1,674 million yen to 2,162 million yen compared to the previous year, with a dividend payout ratio of 18.8%. The fiscal year ending March 2027 is expected to pay an annual dividend of 27 yen (year-end 13.5 yen, interim 13.5 yen). Additionally, a 5-for-1 stock split of common shares was implemented on October 1, 2024, and dividend amounts are presented on a post-split basis.

Earnings Guidance for the Fiscal Year Ending March 2027

The consolidated forecast for the fiscal year ending March 2027 projects net sales of 190,200 million yen (9.0% increase YoY), operating income of 12,800 million yen (22.1% decrease YoY), ordinary income of 13,000 million yen (21.2% decrease YoY), and net income attributable to owners of the parent of 9,392 million yen (18.5% decrease YoY). This reflects anticipated increases in gas, electricity, and LNG sales volumes, offset by deteriorating earnings due to surges in crude oil prices and wholesale power market prices.