2026 March Fiscal Year Q3 Financial Summary [Japanese GAAP] (Consolidated)

Overview of Performance

For the third quarter of the fiscal year ending March 2026, consolidated net sales were 1,438.8 billion yen, a 0.4% decrease compared to the same period last year. Operating income increased by 34.4% to 133.7 billion yen, and ordinary income rose by 30.0% to 163.1 billion yen. Quarterly net income attributable to owners of parent was 140.3 billion yen, up 54.5% year-over-year. Gas sales volume for residential use increased by 1.0% to 1,006 million m3, while commercial use decreased by 0.7% to 3,631 million m3. Electricity sales volume totaled 12,189 million kWh, consisting of 5,553 million kWh (up 5.6%) in retail and 6,635 million kWh (up 1.9%) in wholesale and others.

Financial Position and Dividend Status

Total assets increased by 126.1 billion yen from the end of the previous term to 3,326.7 billion yen, with net assets at 1,779.8 billion yen, resulting in an equity ratio of 52.1%. Regarding dividends, the forecast for the annual dividend for the fiscal year ending March 2026 is 120 yen, representing an increase from 95 yen in the previous term.

Full-Year Earnings Guidance

The full-year consolidated earnings guidance for the fiscal year ending March 2026 projects net sales of 2,050.0 billion yen (down 0.9% YoY), operating income of 160.0 billion yen (down 0.5%), ordinary income of 186.0 billion yen (down 1.9%), and net income attributable to owners of parent of 142.0 billion yen (up 5.6%). Earnings per share are forecast to be 363.17 yen.