HIROSHIMA GAS Co.,Ltd. Revises Earnings Forecast — Net Profit +55.6%
HIROSHIMA GAS Co.,Ltd. (TSE:9535) has revised its earnings forecast for the full fiscal year ending March 2026, raising net profit and other metrics while projecting a slight decrease in revenue.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 89.2bn | JPY 88.4bn | -0.9% |
| Operating Profit | JPY 1.30bn | JPY 1.58bn | +21.5% |
| Ordinary Income | JPY 1.95bn | JPY 2.60bn | +33.3% |
| Net Profit | JPY 1.35bn | JPY 2.10bn | +55.6% |
| EPS | JPY 19.68/share | JPY 30.57/share | +JPY 10.89/share |
The company attributed the revenue decline to lower-than-expected urban gas sales, while improved operational efficiency and higher investment income drove the upward revision in profits.
The upward revision in earnings suggests that cost-cutting measures and increased returns from investments are beginning to offset the decline in sales, providing a clearer path to profitability. Investors should note that the revised forecast reflects management’s confidence in its ability to enhance operational performance and leverage investment opportunities.