tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tokyo Gas Co. Reports Strong Earnings Growth

Tokyo Gas Co. Reports Strong Earnings Growth

TOKYO GAS Co ( (TKGSF) ) has released its Q2 earnings. Here is a breakdown of the information TOKYO GAS Co presented to its investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tokyo Gas Co., Ltd. is a leading energy company based in Japan, primarily engaged in the production, supply, and sale of city gas, as well as the generation and supply of electric power. The company operates in the energy sector and is known for its extensive network and customer base in both residential and industrial markets.

In its latest earnings report for the six months ended September 30, 2025, Tokyo Gas Co. reported a significant increase in net sales and profits compared to the same period last year. The company achieved net sales of ¥1,347,520 million, marking a 10.3% increase, and a remarkable rise in profit attributable to owners of the parent by 708.8% to ¥129,680 million.

Key highlights from the report include a substantial increase in operating profit by 141.8% to ¥95,294 million and ordinary profit by 215.6% to ¥86,203 million. The growth was driven by a rise in electric power sales volume and extraordinary gains from asset sales and foreign currency adjustments. Despite a slight decrease in city gas sales volume, the company’s energy solutions segment saw a notable increase in profit by 81.3% to ¥99,901 million.

Looking ahead, Tokyo Gas Co. has revised its financial forecasts for the fiscal year ending March 31, 2026, anticipating continued growth with projected net sales of ¥2,839,000 million and a profit attributable to owners of the parent of ¥194,000 million. The company remains optimistic about its future performance, driven by strategic initiatives and market demand.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1