Hokkaido Gas Co., Ltd. Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Results

During the Company's consolidated second quarter, revenue increased while profitability declined significantly. Revenue totaled 71,690 million yen, up 0.5% Year-over-Year, but rising raw material and fuel costs and declines in selling prices compressed margins in the Gas and Electricity segments, causing operating income to fall sharply to 3,452 million yen. Ordinary income also declined substantially to 3,615 million yen, and interim net income attributable to owners of parent decreased to 2,595 million yen. There are no revisions to the full-year forecast announced previously.

Impact on Shareholders and Outlook

Regarding dividends, the dividend forecast for the fiscal year ended March 2026 remains in place, and an annual dividend of 27 yen is assumed. Although the full-year forecast remains unchanged, cost adjustments by segment and volatility in the energy market are expected to affect results. Seasonal factors mean that performance may fluctuate depending on demand from winter through early spring.