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TOHO GAS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 8%
9533 TOHO GAS CO.,LTD. 【J-GAAP】
Earnings ReportTOHO GAS CO.,LTD. <9533> [TSE Prime] announced its financial results at noon (11:40) on January 30th. The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 7.9% from the same period last year, reaching 29.9 billion yen. Progress toward the full-year plan of 33.0 billion yen was 90.6%, also surpassing the five-year average of 69.6%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to drop 34.2% from the same period last year to 3.09 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 3.16 billion yen, a 34.8% decrease compared to the same period last year. The operating profit margin worsened from 1.6% in the same period last year to 1.3%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 449,584 | 28,424 | 33,202 | 25,474 | 242.3 | 81.4 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 460,602 | 21,806 | 27,703 | 22,043 | 216.1 | 85.5 | Jan 30, 2025 | J-GAAP |
| Apr - Dec, 2025 | 465,407 | 25,819 | 29,903 | 24,057 | 254.2 | 90.6 | Jan 30, 2026 | J-GAAP |
| YoY | +1.0% | +18.4% | +7.9% | +9.1% | +17.6% |
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 | 362,606 | 11,789 | 9,573 | 7,465 | 73.8 | 40 | Apr 30, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 322,839 | 3,183 | 6,266 | 6,764 | 73.2 | 45 | Oct 28, 2025 | J-GAAP |
| YoY | -11.0% | -73.0% | -34.5% | -9.4% | -0.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 632,985 | 33,597 | 40,797 | 27,304 | 259.7 | 70 | Apr 25, 2024 | J-GAAP |
| Mar, 2025 | 656,010 | 30,887 | 32,412 | 25,454 | 251.8 | 80 | Apr 30, 2025 | J-GAAP |
| Mar, 2026 Guidance | 630,000 | 27,000 | 33,000 | 27,000 | 292.2 | 90 | Oct 28, 2025 | J-GAAP |
| YoY | -4.0% | -12.6% | +1.8% | +6.1% | +16.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 167,198 | 2,708 | 4,864 | 4,054 | 39.7 | 1.6 | Jan 30, 2025 | J-GAAP |
| Jan - Mar, 2025 | 195,408 | 9,081 | 4,709 | 3,411 | 33.7 | 4.6 | Apr 30, 2025 | J-GAAP |
| Apr - Jun, 2025 | 161,470 | 19,840 | 22,039 | 16,614 | 172.3 | 12.3 | Jul 30, 2025 | J-GAAP |
| Jul - Sep, 2025 | 145,691 | 3,977 | 4,695 | 3,622 | 37.9 | 2.7 | Oct 28, 2025 | J-GAAP |
| Oct - Dec, 2025 | 158,246 | 2,002 | 3,169 | 3,821 | 40.4 | 1.3 | Jan 30, 2026 | J-GAAP |
| YoY | -5.4% | -26.1% | -34.8% | -5.7% | +1.6% |
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