SHIZUOKA GAS CO.,LTD. [9543.T]
TOKYO, May 11 (Pulse News Wire) – Shizuoka GAS CO.,LTD. (9543.T) reported its fiscal first quarter results for the period ending March 31, 2026.
Despite a decline in sales volume, the company saw growth in operating profit. In the quarter, urban gas sales volume decreased to ¥419 million MJ from ¥427 million MJ in the same period last year, marking a drop of ¥8 million MJ or 1.9%. Revenue was ¥537 million from ¥560 million, representing a decrease of ¥22 million or 3.9%. However, adjusted ordinary profit increased to ¥75 million from ¥69 million, up by ¥6 million or 7.2%, while pre-adjustment ordinary profit rose to ¥57 million from ¥47 million, a gain of ¥10 million or 21.3%.
Regarding sales volumes and active customer counts, urban gas consumption declined slightly but remained stable across other segments. Liquefied petroleum gas (LPG) sales dropped to ¥16 thousand tons from ¥17 thousand tons, while electricity sales edged up to ¥163 million kWh from ¥162 million kWh. Urban gas active user count stayed flat at ¥326 thousand households, whereas LPG and electricity active user counts grew marginally to ¥84 thousand and ¥105 thousand households respectively. The analysis of ordinary profit showed adjustments due to slide time lags and foreign exchange gains, contributing positively to the overall increase in profits despite lower sales volumes.
Adjustments related to anonymous partnership investments also influenced the figures.
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