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95352027 Q1PrimeJGAAP

HIROSHIMA GAS (9535) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥22.4B (+4.1% year on year) and operating income ¥704.0M (-22.6%). The segment drivers and cash flow follow.

Electric Power & Gas/Electric Power & Gas


Financial Highlights

  • Net Sales: ¥22.35B
  • Operating Income: ¥704M
  • Net Income: ¥427M
  • EPS: ¥5.59

Income Statement

ItemCurrentPriorYoY %
Net Sales¥22.35B¥21.47B+4.1%
Cost of Sales¥15.36B¥14.38B+6.8%
Gross Profit¥6.99B¥7.09B−1.4%
Operating Income¥704M¥909M−22.6%
Non-operating Income¥223M¥233M−4.3%
Non-operating Expenses¥209M¥153M+36.6%
Ordinary Income¥718M¥989M−27.4%
Profit Before Tax¥718M¥989M−27.4%
Income Tax Expense¥290M¥339M−14.5%
Net Income¥427M¥649M−34.2%
Net Income Attributable to Owners¥384M¥572M−32.9%
Total Comprehensive Income¥602M¥596M+1.0%
Interest Expense¥48M¥43M+11.6%
Basic EPS¥5.59¥8.34−33.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥31.23B¥38.35B−¥7.12B
Cash and Deposits¥14.98B¥18.51B−¥3.54B
Accounts Receivable¥6.88B¥7.80B−¥918M
Inventories¥862M¥909M−¥47M
Non-current Assets¥94.33B¥93.48B+¥853M
Property, Plant & Equipment¥67.36B¥69.65B−¥2.28B
Intangible Assets¥831M¥735M+¥96M
Investment Securities¥17.65B¥17.09B+¥561M
Total Assets¥125.56B¥131.83B−¥6.27B
Current Liabilities¥15.76B¥19.66B−¥3.90B
Accounts Payable¥6.44B¥7.18B−¥736M
Short-term Loans¥140M--
Non-current Liabilities¥34.81B¥37.37B−¥2.55B
Long-term Loans¥15.18B¥17.88B−¥2.70B
Total Liabilities¥50.57B¥57.02B−¥6.45B
Total Equity¥74.99B¥74.81B+¥178M
Capital Stock¥5.32B¥5.32B¥0
Capital Surplus¥1.31B¥1.31B¥0
Retained Earnings¥58.99B¥59.02B−¥28M
Treasury Stock−¥0−¥0¥0
Owners' Equity¥71.65B¥71.50B+¥146M
Working Capital¥15.47B--

Profitability Ratios

ItemValue
Net Profit Margin1.7%
Gross Profit Margin31.3%
Current Ratio198.2%
Quick Ratio192.7%
Debt-to-Equity Ratio0.67x
Interest Coverage Ratio14.67x
Effective Tax Rate40.4%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+4.1%
Operating Income YoY Change−22.6%
Ordinary Income YoY Change−27.4%
Profit Before Tax YoY Change−27.4%
Net Income YoY Change−34.2%
Net Income Attributable to Owners YoY Change−32.9%
Total Comprehensive Income YoY Change+1.0%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)68.74M shares
Treasury Stock2K shares
Average Shares Outstanding68.74M shares
Book Value Per Share¥1,090.99

Segment Information

SegmentRevenueOperating Income
Gas¥16.37B¥144M
LPG¥5.22B¥467M

Full Year Forecast

ItemForecast
Net Sales Forecast¥92.00B
Operating Income Forecast¥2.00B
Ordinary Income Forecast¥2.80B
Net Income Attributable to Owners Forecast¥2.20B
Basic EPS Forecast¥32.01
Dividend Per Share Forecast¥12.00