Updated
Updated · MarketWatch · May 11
Hiroshima Gas reports higher full-year net profit
Updated
Updated · MarketWatch · May 11

Hiroshima Gas reports higher full-year net profit

4 articles · Updated · MarketWatch · May 11
  • For the year ended 31 March, net profit rose to Y2.11 billion from Y1.69 billion, while revenue fell to Y88.40 billion from Y91.60 billion.
  • Operating profit increased to Y1.58 billion from Y1.25 billion, pretax profit climbed to Y2.60 billion from Y1.91 billion, and earnings per share rose to Y30.65 from Y24.62.
  • The results, prepared under Japanese accounting standards, show improved profitability despite lower sales for the Hiroshima-based gas utility in fiscal 2026.
How did a Japanese gas utility achieve record profits amid a global energy crisis and falling sales?
Does this fossil fuel success conflict with Japan’s urgent goals for nuclear power and decarbonization?