For the interim period of the fiscal year ending March 2027, net sales were 97,585 million yen, operating income was 4,395 million yen, ordinary income was 4,326 million yen, and net income attributable to owners of parent was 2,903 million yen. Net sales increased 10.6% year-on-year, but operating income decreased -12.0% and ordinary income decreased -14.1% due to margin compression in the electricity business and higher raw material costs. The full-year earnings guidance remains unchanged from the previous announcement. Dividend presentation reflects the stock split implemented in fiscal 2026. Reportable segments are LP Gas, Electricity, City Gas, and Platform, with the Platform segment newly established due to its increased importance.<\/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":"8174","jir_company_name":"Nippon Gas Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/8174-20261029-01.pdf","jir_short_summary":"For the interim period of the fiscal year ending March 2027, net sales were 97,585 million yen, operating income was 4,395 million yen, ordinary income was 4,326 million yen, and net income attributable to owners of parent was 2,903 million yen. Net sales increased 10.6% year-on-year, but operating income decreased -12.0% and ordinary income decreased -14.1% due to margin compression in the electricity business and higher raw material costs. The full-year earnings guidance remains unchanged from the previous announcement. Dividend presentation reflects the stock split implemented in fiscal 2026. Reportable segments are LP Gas, Electricity, City Gas, and Platform, with the Platform segment newly established due to its increased importance.","jir_summary":"### Overview of Results\nConsolidated net sales for the interim period were 97,585 million yen, an increase of 10.6% year-on-year. However, operating income declined -12.0% and ordinary income declined -14.1% due to a significant contraction in profitability in the electricity business and increased raw material costs driven by surging fuel prices. The LP Gas and Platform businesses remained solid and expanded. Growth in LP gas sales volume and household demand, along with higher gross profit from equipment and construction, contributed positively. Conversely, the electricity business was pressured by summer supply-demand conditions and intensified price competition.\n\n### Outlook and Capital Policy\nThe full-year forecast remains unchanged from the prior announcement, although differences between interim results and underlying assumptions should be noted. By segment, the Platform business has grown in importance and has been established as a new reportable segment. From a financial perspective, the company will prioritize capital efficiency using ROE and ROIC as KPIs. The equity ratio stands at 43.2% and the debt-to-equity ratio is 0.8x. Shareholder returns are presented reflecting the impact of the stock split.","jir_financial_highlights":"Net Sales: 97,585 (Year-on-Year +10.6%)\nOperating Income: 4,395 (Year-on-Year -12.0%)\nOrdinary Income: 4,326 (Year-on-Year -14.1%)\nNet Income Attributable to Owners of Parent (interim): 2,903 (Year-on-Year -15.6%)\nBasic Earnings per Share (after dilution): 9.08 yen (No prior-period comparison \/ Impacted by stock split)","jir_category":"","jir_hashtags":"#NipponGas, #Earnings, #BySegment, #PlatformBusiness, #MaintenanceInfrastructure, #DebtToEquityRatio","jir_key_figures":"Net Sales: 97,585 million yen (Year-on-Year +10.6%)\nOperating Income: 4,395 million yen (Year-on-Year -12.0%)\nNet Income Attributable to Owners of Parent (interim): 2,903 million yen (Year-on-Year -15.6%)","jir_meta_title":"Nippon Gas Co., Ltd. Q2 FY2027 Financial Summary | Segment Expansion and Profit Trends","jir_meta_description":"Summary of Nippon Gas Co., Ltd.'s FY2027 Q2 interim results. Net sales increased year-on-year, but operating income declined due to margin compression in the electricity business. Review segment expansion in the Platform business and shareholder return policy.","jir_og_title":"Nippon Gas Co., Ltd. | FY2027 Q2 Interim Financial Summary","jir_og_description":"Interim results for Nippon Gas Co., Ltd. Analysis of segment trends, outlook, and key points of capital policy.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY26 Interim\\\",\\\"FY27 Interim\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[88000,97585]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY26 Interim\\\",\\\"FY27 Interim\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[4997,4395]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Revenue by Segment\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"LP Gas\\\",\\\"Electricity\\\",\\\"City Gas\\\",\\\"Platform\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[? , ?, ?, ?]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY26 Interim\\\",\\\"FY27 Interim\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Profit Margin\\\",\\\"data\\\":[? , ?]},{\\\"label\\\":\\\"Operating Margin\\\",\\\"data\\\":[? , ?]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Guidance vs. Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Current\\\",\\\"Guidance\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[4395,20000]}]}}\"}]","ir_related_company":8092,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-136667","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n