The Japanese utility provider struggled with a shift from a 23.82 billion yen operating profit last year to an operating loss of 358 million yen this term. Pretax profit also saw a steep drop, sliding to 3.24 billion yen compared to 26.73 billion yen in 2025. Diluted earnings per share plummeted to 19.00 yen, down from 52.96 yen in the previous half-year. These figures, prepared under Japanese accounting standards, underscore the financial pressure currently facing the energy firm as it navigates rising costs that have effectively erased its operating gains.
Toho Gas Profits Plummet by Two-Thirds in Half-Year Report
Toho Gas Co. reported a sharp decline in profitability for the six months ending September 30, with net profit falling to 6.78 billion yen from 20.24 billion yen during the same period last year. The results reveal a significant contraction in margins despite revenue remaining relatively stable at 309.19 billion yen.
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