Toho Gas (9533) Earnings: Operating Income Decreases 61.5% YoY to 7.64 Billion Yen, Net Income Down 43.3%

Toho Gas (9533) has released its latest financial results, reporting that operating income fell 61.5% YoY to 7,640 million yen. Net sales were 144,849 million yen, a 10.3% decrease compared to the same period of the previous year. Ordinary income declined 52.0% YoY to 10,573 million yen, and profit attributable to owners of the parent decreased by 43.3% YoY to 9,424 million yen. On the other hand, comprehensive income showed a significant expansion, surging 153.6% YoY to 29,117 million yen. Despite the declines in revenue and operating profits, the company maintains a robust equity ratio of 59.4%, reflecting a solid financial foundation. Retained earnings stand at a substantial 303,670 million yen against interest-bearing debt of 152.86 billion yen, providing a strong cushion. Regarding profitability metrics, the Return on Equity (ROE) is 2.82%, the Return on Assets (ROA) is 1.13%, and EBITDA is recorded at 7.64 billion yen. Market participants will likely monitor future earnings recovery and improvements in capital efficiency supported by this stable financial base.