July 29th, 2021
Notice of Revisions to the First Half and the Full-Year Consolidated Financial Results Forecast for the Fiscal Year Ending March 31st, 2022
Company name: NIPPON GAS CO., LTD.
Code number: 8174
Stock exchange listing: Tokyo Stock Exchange
Representative: Shinji Wada, Representative Director, Chief Executive Officer
Contact: Shinichi Kiyota, Managing Executive Officer
Nippon Gas Co., Ltd. ("NICIGAS") hereby announces the revisions to the first half and the full-year consolidated financial results forecast for the fiscal year ending March 31st, 2022 ("FYE 03/22") disclosed on April 27th, 2021.
1. Revisions to the First Half of Consolidated Financial Results Forecast for the FYE 03/22 (April 1st, 2021 - September 30th, 2021)
Net sales | Operating | Ordinary | Net profit attributable | Basic earnings | |
income | income | to owners of parent | per share | ||
(million yen) | |||||
(million yen) | (million yen) | (million yen) | (yen) | ||
Previous Forecast (A) | 64,000 | 2,800 | 2,900 | 1,900 | 16.24 |
Revised Forecast (B) | 64,000 | 2,800 | 2,800 | 2,700 | 23.21 |
Increase / decrease (B - A) | 0 | 0 | △100 | 800 | |
Increase / decrease (%) | 0.0 | 0.0 | △3.4 | 42.1 | |
(Reference) Result for the 1H of | |||||
the previous year (FYE 03/21) | 61,489 | 3,745 | 3,925 | 2,421 | 20.26 |
2. Revisions to the Full-Year Consolidated Financial Results Forecast for FYE 03/22 (April 1st, 2021- March 31st, 2022)
Net sales | Operating | Ordinary | Net profit attributable | Basic earnings | |
income | income | to owners of parent | per share | ||
(million yen) | |||||
(million yen) | (million yen) | (million yen) | (yen) | ||
Previous Forecast (A) | 150,000 | 14,500 | 14,600 | 10,000 | 85.47 |
Revised Forecast (B) | 150,000 | 14,500 | 14,500 | 10,500 | 90.25 |
Increase / decrease (B - A) | 0 | 0 | △100 | 500 | |
Increase / decrease (%) | 0.0 | 0.0 | △0.7 | 5.0 | |
(Reference) Result for the | |||||
previous year (FYE 03/21) | 143,490 | 13,627 | 14,062 | 9,373 | 78.94 |
3. Reasons for the Revisions to the First Half and the Full-Year Consolidated Financial Results Forecast
NICIGAS forecasts to recognize the capital gain of 1.2 billion yen by selling investment securities in the second quarter of FYE 03/22, as it was announced by the press release of "Notice Regarding Sale of Securities (pring Inc.) and Capital Gain" released on July13th, 2021. As a result of review of its financial results forecast considering the capital gain and other factors, net profit attributable to owners of parent for the first half and the full-year of FYE 03/22 is expected to exceed each forecast NICIGAS previously released.
Note: As the financial results forecast above are based on information available as of the publication date of this material, actual figures may differ from the forecast due to various factors.