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Financial results presentation9532OSAKA GAS CO.,LTD.Electricity and gas

Daigas Group Financial Results Presentation Materials for the Fiscal Year Ending March 2026

In the fiscal year ended March 2026, revenue declined mainly due to lower gas selling prices, while operating income, ordinary income and net income increased on the strength of the Freeport LNG terminal and upstream businesses in the United States. The earnings forecast for the fiscal year ending March 2027 remains unchanged. The annual dividend will be increased to ¥130 per share, and the company will conduct a share buyback of up to ¥80 billion.

Worth reading
90Important
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
148
¥100 million (year-on-year increase in ordinary income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 2026, full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥20,303 100 million-1.9%
Operating profit¥1,748 100 million+8.8%
Ordinary income¥2,045 100 million+7.8%
Net income¥1,527 100 million +13.6%net income attributable to owners of the parent
Full-year earnings forecast
Net Sales
¥20,700 100 million
Ordinary income
¥1,900 100 million
Profit attributable to owners of the parent
¥1,450 100 million
EBITDA
¥3,370 100 million
ROIC
5.3 %
ROE
8 %
Annual Dividend
¥130 per share
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The medium-term management plan is progressing smoothly as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Domestic Energy¥-56 100 million
Overseas Energy¥164 100 million
LBS¥86 100 million
Other¥-46 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Crude Oil Prices65
Crude oil price unit$/bbl
Exchange rate155
Exchange rate unit¥/$
New initiatives
  • Share buyback of up to ¥80 billion
  • Introduction of a nine-chief-officer (CxO) system from April 2026
  • Joint development agreement for an e-methane production business in Nebraska, United States
  • Expansion of asset-turnover urban development, including real estate sales to private REITs
Key KPIsA metric the company considers important as a management benchmark.
  • ROIC5.8 %
    Year on year against the same period last year+0.4pt
  • ROE8.7 %
    Year on year against the same period last year+0.5pt
  • EBITDA¥3,338 100 million
    Year on year against the same period last year+8.1%
  • Earnings per share¥391.15
    Year on year against the same period last year+17.4%
  • Equity ratio57 %
    Year on year against the same period last year+1.5pt
  • D/E ratio0.45 times
    Year on year against the same period last year-0.05
  • Number of customer accounts1,089 ten thousand items
    Year on year against the same period last year+180,000 accounts
  • Work engagement score52.8
    Year on year against the same period last year+0.6
  • Percentage of female directors26.7 %
    Year on year against the same period last year±0pt
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Domestic gas sales volume6,560 million m³
    Year on year against the same period last year-91 million m³
  • Domestic electricity sales volume17,238 million kWh
    Year on year against the same period last year+256 million kWh
  • Number of gas supply accounts5,161 thousand cases
    Year on year against the same period last year+47 thousand accounts
  • Number of low-voltage electricity supply accounts1,946 thousand cases
    Year on year against the same period last year+25 thousand accounts
  • U.S. shale gas production volume390 10,000 tonnes
    Year on year against the same period last year+800,000 tonnes
  • City gas sales volume in India5.7 100 million m³
    Year on year against the same period last year+140 million m³
Segment results
Domestic Energy
Profit
¥719 100 million
Year on year against the same period last year-7.2%
Overseas Energy
Profit
¥883 100 million
Year on year against the same period last year+22.8%
LBS
Profit
¥374 100 million
Year on year against the same period last year+30.3%
Other
Profit
¥67 100 million
Year on year against the same period last year-40.7%
Medium-term management plan targets
FY27.3
ROICMore than 5.0%
ROEMore than 8.0%
FY31.3
Ordinary income¥200 billion
ROICApproximately 6% in the early 2030s
ROEApproximately 10% in the early 2030s
Financial targets
Equity ratio45% or higher
D/E ratio0.8 or lower
Actual results
Equity ratio57.0%
D/E ratio0.45 times
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Change of $1/bbl in crude oil price
Including time-lag effects¥-12 100 million
Excluding time-lag effects¥-2 100 million
Change of ¥1/$ in the exchange rate
Including time-lag effects¥-5 100 million
Excluding time-lag effects¥1 100 million
Annual Dividend
¥130 per share
Year on year against the same period last year+¥10 per share
Acquisition of treasury shares
Maximum purchase price¥800 100 million
Period11 May 2026–31 March 2027
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥20,303 100 million (YoY -1.9%)
Operating profit¥1,748 100 million (YoY +8.8%)
Ordinary income¥2,045 100 million (YoY +7.8%)
Net income¥1,527 100 million (net income attributable to owners of the parent) (YoY +13.6%)
Full-year earnings forecastNet Sales ¥20,700 100 million / Ordinary income ¥1,900 100 million / Profit attributable to owners of the parent ¥1,450 100 million / EBITDA ¥3,370 100 million / ROIC 5.3 % / ROE 8 % / Annual Dividend ¥130 per share
Self-assessment against the planThe medium-term management plan is progressing smoothly as planned
Segment resultsDomestic Energy Profit ¥719 100 million / yoy_pct -7.2 / Overseas Energy Profit ¥883 100 million / yoy_pct 22.8 / LBS Profit ¥374 100 million / yoy_pct 30.3 / Other Profit ¥67 100 million / yoy_pct -40.7
Breakdown of Factors Affecting the ChangeDomestic Energy ¥-56 100 million / Overseas Energy ¥164 100 million / LBS ¥86 100 million / Other ¥-46 100 million
Key KPIsROIC 5.8 %, ROE 8.7 %, EBITDA ¥3,338 100 million, Earnings per share ¥391.15, Equity ratio 57 %, D/E ratio 0.45 times, Number of customer accounts 1,089 ten thousand items, Work engagement score 52.8, Percentage of female directors 26.7 %
Unit price and quantity metricsDomestic gas sales volume 6,560 million m³, Domestic electricity sales volume 17,238 million kWh, Number of gas supply accounts 5,161 thousand cases, Number of low-voltage electricity supply accounts 1,946 thousand cases, U.S. shale gas production volume 390 10,000 tonnes, City gas sales volume in India 5.7 100 million m³
Assumptions Underlying the Business OutlookCrude Oil Prices 65 / Crude oil price unit $/bbl / Exchange rate 155 / Exchange rate unit ¥/$
Risk amount incorporated into the outlookChange of $1/bbl in crude oil price Including time-lag effects ¥-12 100 million / Excluding time-lag effects ¥-2 100 million / Change of ¥1/$ in the exchange rate Including time-lag effects ¥-5 100 million / Excluding time-lag effects ¥1 100 million
Medium-term management plan targetsFY27.3 ROIC More than 5.0% / ROE More than 8.0% / FY31.3 Ordinary income ¥200 billion / ROIC Approximately 6% in the early 2030s / ROE Approximately 10% in the early 2030s
Financial targetsEquity ratio 45% or higher / D/E ratio 0.8 or lower / Actual results Equity ratio 57.0% / D/E ratio 0.45 times
Annual Dividend¥130 per share
Acquisition of treasury sharesMaximum purchase price ¥800 100 million / Period 11 May 2026–31 March 2027 / Number of shares acquired Not disclosed
New initiativesShare buyback of up to ¥80 billion, Introduction of a nine-chief-officer (CxO) system from April 2026, Joint development agreement for an e-methane production business in Nebraska, United States, Expansion of asset-turnover urban development, including real estate sales to private REITs
Items this document does not state (12)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsNumber of employeesPayout ratioCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The decline in revenue was mainly due to lower gas selling prices under the fuel cost adjustment system. The increase in profit was driven by strong overseas energy operations, particularly the Freeport LNG terminal and upstream businesses in the United States, which more than offset lower profit from the domestic energy business.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Daigas Group Financial Results Presentation Materials for the Fiscal Year Ending March 2026 | OSAKA GAS CO.,LTD. (9532) timely disclosure | Komori