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HIROSHIMA GAS posts operating profit above guidance for fiscal year ended March 2026

Mon Apr 27, 2026 3:16 pm JST Catalyst

HIROSHIMA GAS <9535> shares extended gains in late afternoon trading. The company announced around 3:00 p.m. today that its consolidated operating profit for the fiscal year ended March 2026 reached 1.58 billion yen (up 26.2% year-on-year), surpassing its previous guidance of 1.3 billion yen. Net profit also beat expectations, climbing to 2.1 billion yen (up 24.5% year-on-year) against an earlier projection of 1.35 billion yen. The market responded positively to the earnings beat.

Although revenue fell slightly short of the initial 89.2 billion yen target, coming in at 88.4 billion yen (down 3.5% year-on-year) due to lower city gas sales volumes, profitability was bolstered by rigorous cost-cutting and operational efficiencies. Additionally, a rise in equity-method investment income contributed to the bottom-line growth.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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