Shizuoka Gas : 【Summary】Consolidated Financial Results for the Fiscal Year Ended December 31,2025

Note: This document has been translated from a part of 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.

February 10, 2026

Company Name: SHIZUOKA GAS CO., LTD. Listing: Tokyo Stock Exchange

Code Number: 9543 URL: https://ir.shizuokagas.co.jp/en/ Representative: Matsumoto Yoshitake, Representative Director and President

Contact: Tsuchiya Kyosuke, Accounting and Finance Manager, Management Planning Dept. Telephone: +81-54-284-4141

Date of annual general meeting of shareholders: March 26, 2026 Date for presentation of the financial statements report: March 25, 2026 Scheduled date to commence dividend payments: March 27, 2026 Preparation of supplemental explanatory materials： Yes

Holding of FY2025 financial briefing session： Yes(for institutional investors)

1. Consolidated financial results for the fiscal year ended December 31, 2025 (January 1 to December 31, 2025)

   (Amounts under one million yen are omitted; YoY % change)

   1. Consolidated Operating Results

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Fiscal year ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      December 31, 2025	201,207	(0.5)	14,072	36.6	14,769	12.9	10,048	14.5
      December 31, 2024	202,237	(5.5)	10,302	(43.8)	13,083	(34.8)	8,776	(37.8)

      Note: Total comprehensive income For the fiscal year ended December 31, 2025: ¥17,291 million (35.9%)

      For the fiscal year ended December 31, 2024: ¥12,728 million ((23.7)%)

      	Basic earnings per share	Diluted earnings per share	Return on equity	Ratio of ordinary profit to total assets	Ratio of operating profit to net sales
      Fiscal year ended	Yen	Yen	%	%	%
      December 31, 2025	133.42	133.35	8.1	8.1	7.0
      December 31, 2024	116.98	116.85	7.8	8.1	5.1

      Reference: Share of profit (loss) of entities accounted for using equity method

      For the fiscal year ended December 31, 2025: ¥ (417) million For the fiscal year ended December 31, 2024: ¥128 million

   2. Consolidated Financial Position

      	Total assets	Net assets	Equity-to-asset ratio	Net assets per share
      As of	Millions of yen	Millions of yen	%	Yen
      December 31, 2025	195,873	138,703	67.0	1,742.39
      December 31, 2024	170,202	125,519	69.4	1,569.41

      Reference: Net assets excluding share acquisition rights and non-controlling interests

      AS of December 31, 2025: ¥131,294 million AS of December 31, 2024: ¥118,113 million

   3. Consolidated Cash Flows

      	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
      Fiscal year ended	Millions of yen	Millions of yen	Millions of yen	Millions of yen
      December 31, 2025	34,560	(32,977)	(5,464)	32,655
      December 31, 2024	10,977	(8,675)	(1,855)	35,823

2. Dividend Payment

   	Annual dividends per share					Total cash dividends (Total)	Payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   Fiscal year ended December 31, 2024 December 31, 2025	Yen - -	Yen 13.00 20.50	Yen - -	Yen 27.00 22.50	Yen 40.00 43.00	Millions of yen 3,010 3,239	% 34.2 32.2	% 2.7 2.6
   Fiscal year ending December 31, 2026 (Forecast)	-	22.00	-	22.00	44.00		36.4

3. Consolidated Business Forecast for the fiscal year ended December 31, 2026 (January 1 to December 31, 2026) (Amounts under one million yen are omitted; YoY % change)

   	Net sales (¥ million)	Operating profit (¥ million)	Ordinary profit (¥ million)	Profit attributable to owners of parent (¥ million)	Profit per share (¥)
   Full year	201,130 (0.0)%	9,620 (31.6)%	10,420 (29.4)%	9,110 (9.3)%	120.89

   ※Notes

   1. Significant changes in the scope of consolidation during the period: No

   2. Changes in accounting policies, estimates, or retrospective restatements

      1. Changes in accounting policies due to revisions of accounting standards: Yes

      2. Other: No

      3. Changes in accounting estimates: No

      4. Retrospective restatements: No

   3. Number of issued shares (ordinary shares)

      1. Number of issued shares at end of period (including treasury shares) As of December 31, 2025: 76,192,950

         As of December 31, 2024: 76,192,950

      2. Number of treasury shares at end of period

         As of December 31, 2025: 839,983

         As of December 31, 2024: 933,876

      3. Average number of shares outstanding during the period

Fiscal year ended December 31, 2025: 75,310,099

Fiscal year ended December 31, 2024: 75,025,311

(Reference) Overview of Non-consolidated Financial Results

1. Non-consolidated Financial Results for the Fiscal Year Ended December 31, 2025 (from January 1, 2025 to December 31, 2025)

(1) Non-consolidated Operating Results

(2) Non-consolidated Financial Position

Reference: Net assets excluding share acquisition rights

AS of December 31, 2025: ¥ 92,090 million AS of December 31, 2024: ¥ 83,094 million

The Business forecast and other forward-looking statements contained in this document are assumptions based on information available to the Company and judgments deemed rational at the time this document was published. Forward-looking statements are not a guarantee that forecast will be achieved. Actual earnings may differ significantly from business forecast due to various factors.

(Millions of yen) As of December 31, 2024 As of December 31, 2025

Assets

Non-current assets

(Millions of yen) As of December 31, 2024 As of December 31, 2025