Risk of fluctuations in city gas sales volumes and earnings caused by temperature changes

「Residential city gas sales volume decreased 10.6% year on year to 550 million m3, due mainly to lower demand resulting from the impact of higher temperatures in early spring.」

「Regarding city gas sales volumes, household sales decreased 5.7% year on year to 918 million m3, mainly due to lower demand resulting from higher temperatures.」

「City gas sales volumes decreased 10.1% from the previous consolidated fiscal year to 11,303 million m3. Household demand decreased 2.8% from the previous consolidated fiscal year to 2,724 million m3, mainly due to lower hot-water demand resulting from higher temperatures and other factors.」

「Regarding city gas sales volumes, household sales decreased 8.5% year on year to 1,679 million m3, mainly due to lower demand resulting from higher temperatures. Commercial and industrial sales decreased 15.4% to 5,150 million m3, mainly due to lower demand for power generation and other factors, while total sales decreased 12.4% to 7,956 million m3.」

「Regarding city gas sales volumes, household sales decreased 6.3% year on year to 974 million m3, mainly due to lower demand resulting from higher temperatures.」

「Regarding city gas sales volumes, household sales decreased 6.8% year on year to 612 million m3, mainly due to lower demand resulting from higher temperatures.」

「Sales volumes decreased 4.4% from the previous consolidated fiscal year to 12,574 million m3. Household demand decreased 9.1% from the previous consolidated fiscal year to 2,802 million m3, mainly due to lower demand resulting from higher temperatures and other factors.」

「The average temperature(*) for the cumulative third quarter of the current consolidated fiscal year was 19.5°C, while the full-year average temperature for the current consolidated fiscal year is assumed to be 16.5°C.」

「The average temperature(*) for the current consolidated fiscal year was 21.5°C in the first half and 11.1°C in the second half, or 16.3°C for the full year, while the average temperature for the following consolidated fiscal year is assumed to be 16.2°C for the full year.」

「Regarding sales volumes in the city gas business, the main business in the gas segment, household sales decreased 6.9% year on year to 1,827 million m3, mainly because hot-water demand declined due to higher temperatures in early spring. Commercial sales decreased 3.7% to 1,514 million m3, mainly because air-conditioning demand declined due to lower temperatures in summer, while industrial sales increased 10.4% to 4,532 million m3, mainly due to higher demand for power generation.」

「Regarding sales volumes in the city gas business, the main business in the gas segment, household sales decreased 8.6% year on year to 1,135 million m3, mainly because hot-water demand declined due to higher temperatures in early spring. Commercial sales decreased 3.4% to 1,022 million m3, mainly because air-conditioning demand declined due to lower temperatures in summer.」

「Regarding sales volumes in the city gas business, the main business in the gas segment, household sales decreased 11.9% year on year to 722 million m3, mainly because hot-water demand declined due to higher temperatures than in the same period of the previous year, in addition to the partial unwinding of demand resulting from stay-at-home requests to prevent the spread of COVID-19, the so-called “nesting” effect.」

「The average temperature(*) for the cumulative third quarter of the current consolidated fiscal year was 19.4°C, while the full-year average temperature for the current consolidated fiscal year is assumed to be 16.2°C.」

「The average temperature(*) for the cumulative second quarter of the current consolidated fiscal year was 21.3°C, while the full-year average temperature for the current consolidated fiscal year is assumed to be 16.1°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of city gas are hot-water supply and heating, so a mild winter reduces city-gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so city-gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」

「In addition to strengthening city-gas sales for industrial and cogeneration uses, which are less affected by weather, the company aims under Compass2030 to change its business mix over the medium to long term by expanding overseas businesses and solution businesses outside city-gas sales.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit. The average temperature for the cumulative third quarter of the current consolidated fiscal year (*) was 19.5°C, while the average temperature for the full consolidated fiscal year is assumed to be 16.2°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit. The average temperature for the cumulative second quarter of the current consolidated fiscal year (*) was 21.1°C, while the average temperature for the full consolidated fiscal year is assumed to be 16.0°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」

「City-gas sales volumes fell 2.4% from the previous consolidated fiscal year to 15,198 million m³. Residential demand fell 9.2% from the previous consolidated fiscal year to 3,240 million m³, due mainly to lower hot-water demand resulting from higher temperatures and a decrease in the number of customers.」

「Against this economic and business backdrop, city-gas sales volumes fell 2.7% year on year to 10,637 million m³, mainly because higher temperatures reduced residential demand.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit. The average temperature for the cumulative second quarter of the current consolidated fiscal year (*) was 22.3°C, while the average temperature for the full consolidated fiscal year is assumed to be 16.6°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit. The average temperature for the cumulative first quarter of the current consolidated fiscal year (*) was 17.9°C, while the average temperature for the full consolidated fiscal year is assumed to be 15.9°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit. The average temperature for the cumulative third quarter of the current consolidated fiscal year (*) was 18.9°C, while the average temperature for the full consolidated fiscal year is assumed to be 15.8°C.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit.」

「More than half of the group’s annual sales are generated by city-gas sales, and sales volumes are affected by temperature. For residential customers, the main uses of gas are hot-water supply and heating, so a mild winter reduces gas sales volumes and becomes a factor behind lower revenue and profit. For commercial customers, the main use is air conditioning, so gas sales volumes decline when temperatures are low in summer and high in winter, respectively becoming factors behind lower revenue and profit.」