kabutan

HOKKAIDO GAS, First Half Ordinary Profit Increases by 40%, Current Fiscal Year Dividend Revised Upward by 3 Yen

Fri Oct 31, 2025 2:00 pm JST Earnings

9534 HOKKAIDO GAS CO., LTD. 【J-GAAP】

Earnings Report

HOKKAIDO GAS CO., LTD. <9534> [TSE Prime] announced its financial results in the afternoon session on October 31st (14:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 6.86 billion yen, an increase 40.3% compared to the same period last year. Progress toward the full-year plan of 14.5 billion yen was 47.3%, exceeding the five-year average of 29.5%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease 19.9% from the same period last year to 7.63 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 20 yen to 23 yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of 0.87 billion yen (compared to a loss of 0.23 billion yen in the same period last year). The operating profit/loss margin significantly improved from -0.6% in the same period last year to 2.6%.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 72,947 6,044 6,220 4,435 50.4 39.2 Oct 31, 2023 J-GAAP
Apr - Sep, 2024 68,024 4,792 4,892 3,485 39.6 33.9 Oct 31, 2024 J-GAAP
Apr - Sep, 2025 71,367 6,673 6,863 4,899 55.5 47.3 Oct 31, 2025 J-GAAP
YoY +4.9% +39.3% +40.3% +40.6% +40.4%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 10 Apr 28, 2025 J-GAAP
Apr - Sep, 2025 Results 71,367 6,673 6,863 4,899 55.5 11.50 Oct 31, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 168,700 14,700 14,500 10,488 118.9 20 Apr 28, 2025 J-GAAP
Mar, 2026 New 168,700 14,700 14,500 10,488 118.9 23 Oct 31, 2025 J-GAAP
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 102,271 9,536 9,536 6,919 78.5 10 Apr 28, 2025 J-GAAP
Oct - Mar, 2025 Guidance 97,333 8,027 7,637 5,589 63.3 11.50 Oct 31, 2025 J-GAAP
YoY -4.8% -15.8% -19.9% -19.2% -19.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 173,885 15,595 15,883 11,627 132.0 16 Apr 26, 2024 J-GAAP
Mar, 2025 170,295 14,328 14,428 10,404 118.1 19 Apr 28, 2025 J-GAAP
Mar, 2026 Guidance 168,700 14,700 14,500 10,488 118.9 23 Oct 31, 2025 J-GAAP
YoY -0.9% +2.6% +0.5% +0.8% +0.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 31,491 -176 -234 -187 -2.1 -0.6 Oct 31, 2024 J-GAAP
Oct - Dec, 2024 43,094 387 418 240 2.7 0.9 Jan 31, 2025 J-GAAP
Jan - Mar, 2025 59,177 9,149 9,118 6,679 75.8 15.5 Apr 28, 2025 J-GAAP
Apr - Jun, 2025 38,296 5,811 5,984 4,303 48.8 15.2 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 33,071 862 879 596 6.8 2.6 Oct 31, 2025 J-GAAP
YoY +5.0% － － － －

Related Articles