The Board resolved to dissolve and liquidate the equity-method affiliate TSH Birdsboro LLC. Liquidation completion is expected in 2027. Upon dissolution, the company will be excluded from equity-method affiliates and non-operating income is expected to be recorded.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9535","jir_company_name":"HIROSHIMA GAS Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9535-20261023-01.pdf","jir_short_summary":"The Board resolved to dissolve and liquidate the equity-method affiliate TSH Birdsboro LLC. Liquidation completion is expected in 2027. Upon dissolution, the company will be excluded from equity-method affiliates and non-operating income is expected to be recorded.","jir_summary":"### Overview of Dissolution and Liquidation\nHIROSHIMA GAS Co.,Ltd. resolved at the Board of Directors meeting to dissolve and liquidate its equity-method affiliate TSH Birdsboro LLC. TSH had invested in a U.S. gas-fired power generation business through SBL, but chose dissolution due to the termination of the U.S. business. The dissolution and liquidation will proceed in accordance with U.S. law, and the liquidation is expected to conclude in 2027.\n\n### Future Impact and Outlook\nAs a result of TSH's dissolution and liquidation, HIROSHIMA GAS Co.,Ltd. will exclude the company from its equity-method affiliates and expects to record non-operating income. The impact on consolidated results for the fiscal year ending March 2027 is currently under examination, and any additional disclosures will be announced as necessary.","jir_financial_highlights":"Date of decision to dissolve and liquidate: 2026-10-23 (Unknown)\nExpected completion of liquidation: 2027 (Unknown)\nEquity-method affiliate: TSH Birdsboro LLC (Dissolution and liquidation)","jir_category":"","jir_hashtags":"#HIROSHIMAGASCoLtd, #EquityMethodAffiliate, #DissolutionAndLiquidation, #NonOperatingIncome","jir_key_figures":"Date of decision to dissolve and liquidate: 2026-10-23\nExpected timing of liquidation completion: Expected in 2027\nAffiliate: TSH Birdsboro LLC (investment ratio: three companies each holding 1\/3)","jir_meta_title":"HIROSHIMA GAS Co.,Ltd. Announces Dissolution and Liquidation of Equity-Method Affiliate\uff5cLiquidation Expected in 2027","jir_meta_description":"HIROSHIMA GAS Co.,Ltd. has resolved to dissolve and liquidate its equity-method affiliate TSH Birdsboro LLC. Liquidation is expected to conclude in 2027. The company is currently examining the financial impact.","jir_og_title":"HIROSHIMA GAS Co.,Ltd. Decides to Dissolve and Liquidate Equity-Method Affiliate\uff5cLiquidation Expected in 2027","jir_og_description":"Decision made to dissolve and liquidate TSH Birdsboro LLC. Liquidation is expected to conclude in 2027. The impact on consolidated results is under review.","jir_og_image_url":"\/assets\/og\/company-corporate_restructuring.jpg","jir_chart_data_collection":"[]","ir_related_company":57543,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-133668","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n