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OSAKA GAS, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 30%, Oct-Dec Ordinary Profit Increases by 8%
9532 OSAKA GAS CO.,LTD. 【J-GAAP】
Earnings ReportOSAKA GAS CO.,LTD. <9532> [TSE Prime] announced its financial results in the afternoon session on February 2nd (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 30.0% from the same period last year, reaching 163 billion yen. Progress toward the full-year plan of 186 billion yen was 87.7%, also surpassing the five-year average of 67.6%.
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 significant drop 64.4% from the same period last year to 22.8 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit grew 7.5% from the same period last year, reaching 57.6 billion yen. The operating profit margin remained almost flat, changing from 9.0% in the same period last year to 9.2%.
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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 | 1,510,147 | 140,692 | 174,571 | 126,405 | 304.5 | 77.1 | Jan 30, 2024 | J-GAAP |
| Apr - Dec, 2024 | 1,444,131 | 99,507 | 125,526 | 90,882 | 224.5 | 66.2 | Feb 3, 2025 | J-GAAP |
| Apr - Dec, 2025 | 1,438,830 | 133,747 | 163,151 | 140,399 | 358.0 | 87.7 | Feb 2, 2026 | J-GAAP |
| YoY | -0.4% | +34.4% | +30.0% | +54.5% | +59.5% |
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 | 1,118,909 | 105,792 | 117,778 | 83,617 | 207.4 | 47.50 | May 8, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 1,090,833 | 70,331 | 80,539 | 47,145 | 122.0 | 60 | Oct 30, 2025 | J-GAAP |
| YoY | -2.5% | -33.5% | -31.6% | -43.6% | -41.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 2,083,050 | 172,553 | 226,563 | 132,679 | 320.6 | 82.50 | May 8, 2024 | J-GAAP |
| Mar, 2025 | 2,069,019 | 160,731 | 189,647 | 134,414 | 333.3 | 95 | May 8, 2025 | J-GAAP |
| Mar, 2026 Guidance | 2,050,000 | 160,000 | 186,000 | 142,000 | 367.4 | 120 | Oct 30, 2025 | J-GAAP |
| YoY | -0.9% | -0.5% | -1.9% | +5.6% | +10.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 494,021 | 44,568 | 53,657 | 40,085 | 99.0 | 9.0 | Feb 3, 2025 | J-GAAP |
| Jan - Mar, 2025 | 624,888 | 61,224 | 64,121 | 43,532 | 108.0 | 9.8 | May 8, 2025 | J-GAAP |
| Apr - Jun, 2025 | 470,993 | 47,679 | 59,341 | 48,521 | 122.6 | 10.1 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 488,174 | 41,990 | 46,120 | 46,334 | 117.6 | 8.6 | Oct 30, 2025 | J-GAAP |
| Oct - Dec, 2025 | 479,663 | 44,078 | 57,690 | 45,544 | 116.1 | 9.2 | Feb 2, 2026 | J-GAAP |
| YoY | -2.9% | -1.1% | +7.5% | +13.6% | +17.3% |
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