Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
40.2
% (year-on-year decline in operating profit for the fiscal year ending March 2027)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales651,085¥ millionYear on year -0.8%Progress 97.2%
Operating profit31,784¥ millionYear on year +2.9%Progress 167.3%
Ordinary income37,879¥ millionYear on year +16.9%Progress 151.5%
Net income attributable to owners of the parent31,449¥ millionYear on year +23.6%Progress 136.7%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥83.76
Operating Margin4.9%
Financial position at period-end
Total assets809,459¥ million
of which net assets 477,519 ¥ millionEquity ratio 59.0%vs. prior year-end -0.1pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+65,607
Investment-41,777
Financials-26,751
Net change-2,921
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥42,988 million
Segment revenue
Gas426,58562.4%
LPG and other energy96,75114.2%
Electricity98,86814.5%
Other (outside reportable segments)61,0778.9%
Segment profit
Gas19,21063.9%
LPG and other energy3,06310.2%
Electricity1,9726.6%
Other (outside reportable segments)5,81019.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥670,000 million (YoY +2.9%)
Operating profit¥19,000 million (YoY -40.2%)
Ordinary income¥25,000 million (YoY -34.0%)
Net income¥23,000 million (YoY -26.9%)
Annual Dividend Forecast¥90 per share (prior fiscal year on a pre-split basis; next fiscal year forecast on a post-split basis) → ¥22.5 per share (prior fiscal year on a pre-split basis; next fiscal year forecast on a post-split basis)（Not directly comparable (0.0% on a pre-stock-split basis)）
Payout ratioCurrent fiscal year 26.5% / Next-year forecast 35.6%
Shareholder Return PolicyStrengthening the management base and maintaining stable dividends
Factors Behind Changes in Business Performance
Profit increased year on year, mainly because gains from the timing difference between raw material costs and net sales under the raw material cost adjustment system expanded.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Material subsequent eventsA four-for-one stock split of common shares, effective 1 April 2026, and a partial amendment to the Articles of Incorporation. The total number of authorized shares was changed from 160 million to 640 million.
Impairment loss¥2,672 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥9,557 million, Other extraordinary income ¥613 million / Extraordinary loss Impairment Losses ¥2,672 million, Impairment Losses on Shares of Affiliates ¥1,052 million, Impairment Loss on Investment Securities ¥600 million, Other extraordinary losses ¥443 million
Depreciation and amortization¥38,371 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End366,267,140
Treasury Shares at Period-End2,298,620
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥651,085 million (YoY -0.8%) |
| Operating profit | ¥31,784 million (YoY +2.9%) |
| Ordinary income | ¥37,879 million (YoY +16.9%) |
| Profit attributable to owners of the parent | ¥31,449 million (YoY +23.6%) |
| Net income per share | ¥83.76 |
| Operating Margin | 4.9% |
| Equity ratio | End of the current fiscal period 59.0% / End of previous period 59.1% |
| Total assets | ¥809,459 million |
| Net assets | ¥477,519 million |
| Cash flows from operating activities | ¥65,607 million |
| Cash flows from investing activities | ¥-41,777 million |
| Cash flows from financing activities | ¥-26,751 million |
| Cash and cash equivalents at end of period | ¥42,988 million |
| Full-year earnings forecast | Net Sales ¥670,000 million (YoY +2.9%) / Operating profit ¥19,000 million (YoY -40.2%) / Ordinary income ¥25,000 million (YoY -34.0%) / Net income ¥23,000 million (YoY -26.9%) |
| Annual Dividend Forecast | ¥90 per share (prior fiscal year on a pre-split basis; next fiscal year forecast on a post-split basis) → ¥22.5 per share (prior fiscal year on a pre-split basis; next fiscal year forecast on a post-split basis)（Not directly comparable (0.0% on a pre-stock-split basis)） |
| Payout ratio | Current fiscal year 26.5% / Next-year forecast 35.6% |
| Shareholder Return Policy | Strengthening the management base and maintaining stable dividends |
| Segment revenue | Segment Gas / Net Sales ¥426,585 million / Year-on-year (%) -0.6, Segment LPG and other energy / Net Sales ¥96,751 million / Year-on-year (%) -4.8, Segment Electricity / Net Sales ¥98,868 million / Year-on-year (%) 3, Segment Other (outside reportable segments) / Net Sales ¥61,077 million / Year-on-year (%) -0.1 |
| Segment profit | Segment Gas / Segment profit ¥19,210 million / Year-on-year (%) -6.5, Segment LPG and other energy / Segment profit ¥3,063 million / Year-on-year (%) 18.2, Segment Electricity / Segment profit ¥1,972 million / Year-on-year (%) 476.6, Segment Other (outside reportable segments) / Segment profit ¥5,810 million / Year-on-year (%) 3.9 |
| Depreciation and amortization | ¥38,371 million |
| Impairment loss | ¥2,672 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥9,557 million, Other extraordinary income ¥613 million / Extraordinary loss Impairment Losses ¥2,672 million, Impairment Losses on Shares of Affiliates ¥1,052 million, Impairment Loss on Investment Securities ¥600 million, Other extraordinary losses ¥443 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | A four-for-one stock split of common shares, effective 1 April 2026, and a partial amendment to the Articles of Incorporation. The total number of authorized shares was changed from 160 million to 640 million. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 366,267,140 |
| Treasury Shares at Period-End | 2,298,620 |
| Factors Behind Changes in Business Performance | Profit increased year on year, mainly because gains from the timing difference between raw material costs and net sales under the raw material cost adjustment system expanded. |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders received and order backlog
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.Profit increased year on year, mainly because gains from the timing difference between raw material costs and net sales under the raw material cost adjustment system expanded. The forecast for the next fiscal year is based on a crude oil price of $100 per barrel and an exchange rate of ¥160 to the dollar. The impact of the situation in the Middle East has not been incorporated because it is difficult to quantify at this time.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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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.