Osaka Gas Boosts Earnings Over 9 Months, Posts Strong Profit Jump

Japanese energy company Osaka Gas Co., Ltd. has delivered impressive financial results for the nine-month period ended March 31, 2026, with profit attributable to shareholders climbing significantly compared to the same period last year. The company’s strong performance reflects robust operational execution and market positioning in Japan’s energy sector.

Nine-Month Performance Shows Substantial Growth

During the nine-month earnings period, Osaka Gas swung to stronger profitability, with profit attributable to owners of the parent reaching 140.40 billion yen, a remarkable increase from 90.88 billion yen in the prior year. This represents a 54% year-over-year surge in bottom-line earnings. Basic earnings per share also reflected this improvement, climbing to 357.97 yen from 224.45 yen previously, demonstrating enhanced shareholder value creation over the nine months.

Operating Profit Climbs on Operational Strength

The company’s operational performance during this nine-month stretch proved equally impressive, with operating profit rising to 133.75 billion yen compared to 99.51 billion yen in the corresponding prior year. This 35% increase in operating profit underscores improved operational efficiency and cost management across the company’s natural gas distribution network.

Net sales remained relatively stable at 1.44 trillion yen for the nine months, holding steady from the prior year’s level, indicating consistent revenue generation despite market dynamics.

FY2026 Outlook: Tempering Expectations for Full Year

Looking ahead to the complete fiscal year 2026, Osaka Gas has offered a more conservative forecast. The company anticipates full-year net sales of 2.05 trillion yen, marking a slight decline from current trajectory. Operating profit for the fiscal year is projected to reach 160 billion yen, representing a modest 0.5% decline from prior projections.

The company forecasts profit attributable to owners of the parent at 142 billion yen for fiscal 2026, with earnings per share expected at 363.17 yen. These projections suggest the company expects moderating growth rates in the latter portion of the fiscal year.

Stock Market Response Reflects Investor Confidence

Osaka Gas shares responded positively to the earnings announcement, trading 1.10% higher at 5,858 yen on the Tokyo Stock Exchange. The stock performance reflects investor appreciation for the company’s strong nine-month results and its solid operational foundation in Japan’s energy markets.