TOHO GAS Co ( (THOGF) ) has released its Q2 earnings. Here is a breakdown of the information TOHO GAS Co presented to its investors.
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Toho Gas Co., Ltd. is a Japanese company primarily engaged in the supply and distribution of gas and energy solutions, operating within the utilities sector and listed on the Tokyo and Nagoya Stock Exchanges.
In its latest earnings report for the six months ending September 30, 2025, Toho Gas Co. reported a notable increase in net sales and profitability compared to the previous year, highlighting a strong financial performance.
The company achieved net sales of ¥307,161 million, representing a 4.7% increase from the same period last year. Operating income rose by 24.7% to ¥23,817 million, and ordinary income increased by 17.1% to ¥26,734 million. Net income attributable to owners of the parent also saw a 12.5% increase, reaching ¥20,236 million. Additionally, the equity ratio improved to 60.0%, reflecting a solid financial position.
Toho Gas Co. has announced a dividend increase, with a forecasted total annual dividend of ¥90.00 per share for the fiscal year ending March 2026, up from ¥80.00 in the previous year. The company also completed a significant share repurchase program, acquiring 3,544,800 shares for ¥14,999 million.
Looking ahead, Toho Gas Co. remains cautiously optimistic, with a forecasted slight decline in net sales for the full fiscal year ending March 2026, but anticipates continued profitability growth, reflecting strategic initiatives and market conditions.