Shizuoka Gas Co. Ltd. · TSE:9543
Shizuoka Gas — Q2 2024 Earnings Presentation
12 slides from Shizuoka Gas's earnings presentation, Aug 7, 2024
Slide 1: FY2024 2Q Supplementary Information
FY2024 2Q Supplementary Information （January-June) SHIZUOKA GAS CO.,LTD. TSE:9543 August 7th,2024
Slide 2: Contents
Contents Ⅰ. Summary Financial Results … 3 for FY2024 2Q Ⅱ. FY2024 Forecast … 7 Ⅲ. Returns to Shareholders … 11 Disclaimer ⚫ Forecasts are based on information available to the management when this was drafted. ⚫ Actual financial results may significantly differ from these forecasts due to any unfore
Slide 3: Summary Financial Results for FY2024 2Q
Ⅰ. Summary Financial Results for FY2024 2Q
Slide 4: FY2024 2Q Financial Highlights
FY2024 2Q Financial Highlights ◎2Q Results：Lower sales, Lower profits ■ Gas sales volume +0.5% year on year (Wholesale) Decreased in sales volume to wholesale customers. (Large-Lot Sales) Increased due to additional customers in FY2024. (Small-Lot Sales) Decreased due to higher temperature. ■ Net sa
Slide 5: Gas Sales Volume (Non-consolidated)
Gas Sales Volume（Non-consolidated） 100.5% [+4] 789 793 Unit; Million m3(45MJ/m3) * Figures in [ ] are the difference from the results in FY2023 2Q 96.3% [-13] Wholesale ・ Decreased in sales volume to 351 338 wholesale customers [-13] ・Additional customers in 2024 [+16] Large-lot-sale ・Existing custo
Slide 6: Breakdown of Consolidated Ordinary Profit (Year-on-Year comparison)
Breakdown of Consolidated Ordinary Profit (Year-on-Year comparison) Unit : billion yen FY2023 2Q FY2024 2Q Change Ordinary profit after Sliding-time-lag adjustment 7.2 12.0 +4.7 Ordinary profit 19.3 12.4 -6.8 Sliding-time-lag +12.0 +0.4 -11.6 +0.7 12.0 +0.8 +1.3 Miscellaneous +1.7 Subsidiary expense
Slide 7: FY2024 Forecast
Il. FY2024 Forecast
Slide 8: FY2024 Forecast: Gas Sales Volume (Non-consolidated)
FY2024 Forecast: Gas Sales Volume (Non-consolidated) Unit; million m3(45MJ/m3) 102.9% 99.9% [+44] [-2] 1,532 1,576 1,578 99.8% 100.5% Wholesale [-1] [+3] 670 668 665 106.7% 99.6% Large-lot-sale [+48] 759 [-3] 762 711 98.3% 98.4% Small-lot-sale 152 149 151 [-3] [-2] FY2023 FY2024 FY2024 Results Forec
Slide 9: FY2024 Forecast: Net Sales and Ordinary Profit
FY2024 Forecast: Net Sales and Ordinary Profit Net Sales Ordinary profit & Sliding-time-lag Unit; Billion yen Unit; Billion yen 214.0 206.7 206.7 Ordinary profit 20.0 -7.2 +0 +9.2 Sliding-time-lag -0 (N)10.7 +1.5 (N)9.2 △0.8 △0.4 Ordinary profit after (N)10.8 9.9 8.7 Sliding-time-lag(N) FY2023 FY202
Slide 10: Breakdown of Ordinary Profit (FY2024 Forecast vs. Initial plan)
Breakdown of Ordinary Profit (FY2024 Forecast) <vs. FY2024 Initial plan> Unit : billion yen FY2024 FY2024 Initial plan Forecast (2Q) Change Ordinary profit after sliding-time-lag adjustment 9.2 10.7 +1.5 Ordinary profit 8.7 9.9 +1.1 Sliding-time-lag -0.4 -0.8 +0.3 +1.3 -1.2 +1.6 -0.1 10.7 9.2 Subsid
Slide 11: Returns to Shareholders
Ⅲ. Returns to Shareholders
Slide 12: Returns to Shareholders
Returns to Shareholders ➢ Stable dividends ➢ Based on performance and dividend on equity (DOE) Dividend policy FY2023 1.85％ → FY2024（Forecast） 2.76％ ➢ The target level of the dividend payout ratio is 30%. FY2023 13.1％ → FY2024（Forecast） 47.6％ Interim Dividend JPY 13.0 per share Year-end Dividend JPY