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HOKURIKU GAS, Apr-Dec (Cumulative 3Q) Net Income Loss Narrows, Oct-Dec Net Income Loss Narrows

Fri Feb 7, 2025 2:00 pm JST Earnings

9537 HOKURIKU GAS CO.,LTD. 【J-GAAP】

Earnings Report

HOKURIKU GAS CO.,LTD. <9537> [TSE Std] announced its financial results in the afternoon session on February 7th (14:00). The consolidated net loss for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was a reduced loss of 0.15 billion yen (compared to a loss of 0.82 billion yen in the same period last year).

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a profit of 1.64 billion yen (compared to a loss of 0.93 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated net loss improved to a deficit of 0.34 billion yen (compared to a loss of 0.83 billion yen in the same period last year). The operating profit/loss margin drastically improved from -8.9% in the same period last year to -3.7%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 44,010 -1,576 -1,298 -925 -193.8 Feb 7, 2023 J-GAAP
Apr - Dec, 2023 41,167 -1,372 -1,113 -823 -176.7 Feb 8, 2024 J-GAAP
Apr - Dec, 2024 40,603 -968 -756 -150 -32.4 Feb 7, 2025 J-GAAP
YoY -1.4% +29.4% +32.1% +81.8% +81.7%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 34,573 -853 -655 -1,769 -379.9 80 May 15, 2024 J-GAAP
Oct - Mar, 2024 Guidance 37,334 1,168 1,259 1,292 277.7 80 Nov 6, 2024 J-GAAP
YoY +8.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 69,634 283 687 420 88.1 80 May 15, 2023 J-GAAP
Mar, 2024 61,405 -943 -599 -1,759 -377.8 80 May 15, 2024 J-GAAP
Mar, 2025 Guidance 62,700 760 990 1,490 320.2 80 Nov 6, 2024 J-GAAP
YoY +2.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 14,335 -1,282 -1,169 -833 -178.8 -8.9 Feb 8, 2024 J-GAAP
Jan - Mar, 2024 20,238 429 514 -936 -201.0 2.1 May 15, 2024 J-GAAP
Apr - Jun, 2024 13,214 589 682 891 192.0 4.5 Aug 8, 2024 J-GAAP
Jul - Sep, 2024 12,152 -997 -951 -693 -149.2 -8.2 Nov 6, 2024 J-GAAP
Oct - Dec, 2024 15,237 -560 -487 -348 -75.1 -3.7 Feb 7, 2025 J-GAAP
YoY +6.3% +56.3% +58.3% +58.2% +58.0%

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