Shizuoka Gas : 【Summary】Consolidated Financial Results for the Three Months Ended March 31,2026

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.

May 11, 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

Scheduled date to commence dividend payments: - Preparation of supplemental explanatory materials: Yes Holding of financial results briefing session: No

1. Consolidated financial results for the three months ended March 31, 2026 (January 1 through March 31, 2026)

   (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
      Three months ended	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      March 31, 2026	53,788	(4.1)	5,281	14.2	5,760	22.5	3,619	20.6
      March 31, 2025	56,076	3.1	4,624	69.0	4,702	19.6	3,001	16.5

      Note: Comprehensive income For the three months ended March 31, 2026: ¥8,161 million (94.9%)

      For the three months ended March 31, 2025: ¥4,186 million ((10.1)%)

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      March 31, 2026	48.03	48.01
      March 31, 2025	39.88	39.84

   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
      March 31, 2026	191,202	143,590	71.9	1,825.22
      December 31, 2025	195,873	138,703	67.0	1,742.39

      Reference: Equity AS of March 31, 2026: ¥137,535 million

      AS of December 31, 2025: ¥131,294 million

2. Cash dividends

   	Annual dividends per share
   	First quarter-end	Second quarter-end	Third quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen
   Fiscal year ended December 31, 2025	-	20.50	-	22.50	43.00
   Fiscal year ending December 31, 2026	-
   Fiscal year ending December 31, 2026 (Forecast)		22.00	-	22.00	44.00

   Note: Revision of previously announced dividend forecast: No

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

   Note: Revision of previously announced consolidated business forecast: No

   ※Notes

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

   2. Simplified accounting and special accounting methods for quarterly financial reporting: Yes (Please refer to the section "(3)Notes Application of Special Accounting Methods in Preparation of Quarterly Consolidated Financial Statements" on P8)

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

      1. Changes in accounting policies due to revisions of accounting standards: No

      2. Other: No

      3. Changes in accounting estimates: No

      4. Restatements: No

   4. Number of issued shares (common shares)

      1. Total number of issued shares at the end of the period (including treasury shares) As of March 31, 2026: 76,192,950 shares

         As of December 31, 2025: 76,192,950 shares

      2. Number of treasury shares at end of the period

         As of March 31, 2026: 839,983 shares

         As of December 31, 2025: 839,983 shares

      3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Three months ended March 31, 2026: 75,352,967 shares

Three months ended March 31, 2025: 75,259,027 shares

Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: No

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, 2025 As of March 31, 2026

Assets

Non-current assets

(Millions of yen) As of December 31, 2025 As of March 31, 2026