Vizora日本語

Toho GASTOHO GAS CO.,LTD.9533東証プライム電気・ガス業FY ending Mar 2026, consolidated, J-GAAP

Toho GAS FY ending Mar 2026 results

About 65% of Toho GAS's sales come from Gas, with Electricity and LPG and other energy making up much of the rest.

Out of every ¥100 of sales, about ¥5 is left as operating profit.

Revenue changed -0.8% from the prior year, operating profit +2.9%.

Revenue and profit pattern

Revenue down, profit up

Revenue -0.8% · profit +2.9%, calculated from disclosed figures.

Operating leverage: -3.87× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
-0.8%¥656B → ¥651.1B
Gross profit
+3.7%¥172.8B → ¥179.3B
Operating income
+2.9%¥30.9B → ¥31.8B
Net income attributable to owners
+23.6%¥25.5B → ¥31.4B
Operating cash flow
-21.0%¥83.1B → ¥65.6B
Free cash flow
-36.6%¥38.9B → ¥24.6B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥651.1B, down -0.8% from ¥656B.
  • Profits still grew: gross profit rose +3.7%, operating income reached ¥31.8B (+2.9%) and net income ¥31.4B (+23.6%).
  • Cash generation weakened, with operating cash flow at ¥65.6B (-21.0%) and free cash flow at ¥24.6B (-36.6%).

What drove the change

  • Under the fuel-cost adjustment system, the gain from the lag between fuel costs and gas prices widened
  • Gas volumes to business customers fell because their equipment ran less
  • Electricity sales grew as the number of customers increased

Things to watch

  • Fuel-cost changes reach gas prices with a lag, which can swing profit in a given year
  • Weather, energy saving and competition can change gas and power sales volumes
  • Power procurement costs may move with events such as tensions in the Middle East

Annual securities report (FY ending Mar 2026) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (FY ending Mar 2026) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Toho GAS sells, how much goes where, and how much is kept.

FY ending Mar 2026
Operating costs
¥95
Operating profit
¥5
Net profit kept
¥5

Annual margin trends

Gross margin27.5%
FY ending Mar 2021: 34.3%34.3%FY ending Mar 2022: 29.8%29.8%FY ending Mar 2023: 25.5%25.5%FY ending Mar 2024: 27.1%27.1%FY ending Mar 2025: 26.3%26.3%FY ending Mar 2026: 27.5%27.5%FY21FY22FY23FY24FY25FY26
Operating margin4.9%
FY ending Mar 2021: 3.1%3.1%FY ending Mar 2022: 3.5%3.5%FY ending Mar 2023: 6.2%6.2%FY ending Mar 2024: 5.3%5.3%FY ending Mar 2025: 4.7%4.7%FY ending Mar 2026: 4.9%4.9%FY21FY22FY23FY24FY25FY26
Net margin4.8%
FY ending Mar 2021: 2.0%2.0%FY ending Mar 2022: 3.0%3.0%FY ending Mar 2023: 4.8%4.8%FY ending Mar 2024: 4.3%4.3%FY ending Mar 2025: 3.9%3.9%FY ending Mar 2026: 4.8%4.8%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

  • EDINET (FSA Japan)

    有価証券報告書－第155期(2025/04/01－2026/03/31)

    ID S100YGFW2026-06-23Open

  • EDINET (FSA Japan)

    有価証券報告書－第154期(2024/04/01－2025/03/31)

    ID S100W1IJ2025-06-24Open

  • EDINET (FSA Japan)

    有価証券報告書－第153期(2023/04/01－2024/03/31)

    ID S100TTYV2024-06-26Open

  • EDINET (FSA Japan)

    訂正有価証券報告書－第152期(2022/04/01－2023/03/31)

    ID S100TBG02024-04-25Open

  • EDINET (FSA Japan)

    有価証券報告書－第151期(令和3年4月1日－令和4年3月31日)

    ID S100OJ8Y2022-06-30Open

  • EDINET (FSA Japan)

    有価証券報告書－第150期(令和2年4月1日－令和3年3月31日)

    ID S100LU882021-06-29Open

Extracted from XBRL: 52 / Derived from other figures: 2

Spotted an error? Report it (corrections keep the original record)

Other periods

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open MarkdownShare on XSave image