Hiroshima Gas Co., Ltd.TSE: 9535

Consolidated Financial Results for the Nine Months Ended December 31, 2025

· Issued by Hiroshima Gas Co., Ltd.

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.



Consolidated Financial Results

for the Nine Months Ended December 31, 2025 (Under Japanese GAAP)

Company name: HIROSHIMA GAS CO.,LTD. Listing: Tokyo Stock Exchange Securities code: 9535

URL: https://www.hiroshima-gas.co.jp/ Representative: Tomohiko Nakagawa, President

Inquiries: Nobuhiro Ono, Executive Officer and General Manager of General Affair Department Telephone: +81-82-252-3000

Scheduled date to commence dividend payments: -Preparation of supplementary material on financial results: None Holding of financial results briefing: None

February 13, 2026

(Yen amounts are rounded down to millions, unless otherwise noted.)

  1. Consolidated Financial Results for the Nine Months Ended December 31, 2025 (from April 1, 2025 to December 31, 2025)

    1. Consolidated Operating Results (Percentages indicate year-on-year changes.)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Nine months ended

      December 31, 2025

      December 31, 2024

      Millions of yen

      61,879

      64,026

      %

      (3.4)

      0.4

      Millions of yen

      (220)

      (863)

      %

      -

      -

      Millions of yen

      664

      (351)

      %

      -

      -

      Millions of yen

      500

      (294)

      %

      -

      -

      (Note) Comprehensive income:

      Nine months ended December 31, 2025: ¥

      1,441 million [

      -%]

      Nine months ended December 31, 2024: ¥

      (326) million [

      -%]

      Basic earnings per share

      Diluted earnings per share

      Nine months ended

      Yen

      Yen

      December 31, 2025

      7.29

      -

      December 31, 2024

      (4.29)

      -

    2. Consolidated Financial Position

    Total assets

    Net assets

    Equity-to-asset ratio

    As of

    December 31, 2025

    March 31, 2025

    Millions of yen

    127,965

    129,593

    Millions of yen

    72,205

    71,592

    %

    53.8

    52.7

    (Reference) Equity: As of December 31, 2025:

    ¥

    68,892 million

    As of March 31, 2025:

    ¥

    68,256 million

  2. Dividends

    Annual dividends per share

    1st quarter-end

    2nd quarter-end

    3rd quarter-end

    Year-end

    Total

    Yen

    Yen

    Yen

    Yen

    Yen

    Fiscal year ended March 31, 2025

    Fiscal year ending March 31, 2026

    Fiscal year ending March 31, 2026

    -

    -

    6.00

    6.00

    -

    -

    6.00

    12.00

    6.00

    12.00

    (Forecast)

    (Note) Revisions to the forecast for dividends announced most recently: None

  3. Consolidated Financial Result Forecast for the Fiscal Year Ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of parent

Basic earnings per share

Full year

Millions of yen

89,200

%

(2.6)

Millions of yen

1,300

%

3.8

Millions of yen

1,950

%

2.1

Millions of yen

1,350

%

(20.0)

Yen

19.68

(Note) Revisions to the financial results forecast announced most recently: None

* Notes

  1. Significant changes in the scope of consolidation during the period: None

  2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes

  3. Changes in accounting policies, changes in accounting estimates, and restatement

    1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

    2. Changes in accounting policies due to other reasons: None

    3. Changes in accounting estimates: None

    4. Restatement: None

  4. Number of issued shares (common shares)

    1. Total number of issued shares at the end of the period (including treasury shares): December 31, 2025: 68,737,429 shares

      March 31, 2025: 68,603,372 shares

    2. Number of treasury shares at the end of the period:

      December 31, 2025: 1,856 shares

      March 31, 2025: 1,856 shares

    3. Average number of shares outstanding during the period:

Nine months ended December 31, 2025: 68,669,030 shares

Nine months ended December 31, 2024: 68,544,844 shares

  • Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

  • Proper use of earnings forecasts, and other special matters

The forward-looking statements, including forecasts of financial results, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. However, the Company makes no guarantee that these forecasts will be achieved. Actual financial results, etc. may differ substantially due to various factors.

Quarterly Consolidated Financial Statements and Primary Notes Quarterly Consolidated Balance Sheet

(Millions of yen)

As of March 31, 2025

As of December 31, 2025

Assets

Non-current assets

Property, plant and equipment

Production facilities

15,061

15,073

Distribution facilities

30,418

29,731

Service and maintenance facilities

4,198

4,043

Other facilities

11,107

11,589

Construction in progress

7,744

7,900

Total property, plant and equipment

68,531

68,339

Intangible assets

185

512

Investments and other assets

Investment securities

14,473

16,360

Long-term loans receivable

15

-

Retirement benefit asset

849

877

Deferred tax assets

862

796

Other investments

4,053

3,802

Allowance for doubtful accounts

(21)

(21)

Total investments and other assets

20,233

21,815

Total non-current assets

88,950

90,667

Current assets

Cash and deposits 20,615 17,761

Notes and accounts receivable - trade, and contract assets

8,520

8,418

Merchandise and finished goods

1,023

1,011

Raw materials and supplies

7,494

6,402

Other current assets

3,032

3,735

Allowance for doubtful accounts

(43)

(31)

Total current assets

40,643

37,298

Total assets

129,593

127,965

(Millions of yen) As of March 31, 2025 As of December 31, 2025

Liabilities

Non-current liabilities

Bonds payable

16,000

16,000

Long-term borrowings

22,073

17,627

Provision for gas holder repairs

536

483

Provision for safety measures

419

378

Provision for gas appliance warranties

172

159

Retirement benefit liability

294

284

Asset retirement obligations

220

222

Other noncurrent liabilities

1,235

1,573

Total non-current liabilities

40,953

36,730

Current liabilities

Current portion of non-current liabilities

6,026

6,593

Notes and accounts payable - trade

5,569

7,600

Income taxes payable

365

192

Other current liabilities

5,086

4,641

Total current liabilities

17,047

19,028

Total liabilities

58,000

55,759

Net assets

Shareholders' equity

Share capital

5,291

5,315

Capital surplus

1,271

1,311

Retained earnings

57,735

57,412

Treasury shares

(0)

(0)

Total shareholders' equity

64,298

64,038

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

2,117

3,237

Deferred gains or losses on hedges

118

83

Foreign currency translation adjustment

1,044

863

Remeasurements of defined benefit plans

678

669

Total accumulated other comprehensive income

3,957

4,854

Non-controlling interests

3,336

3,313

Total net assets

71,592

72,205

Total liabilities and net assets

129,593

127,965

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