Logotype for Osaka Gas Co Ltd

Osaka Gas (9532) investor relations material

Osaka Gas Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Osaka Gas Co Ltd
Q2 2026 earnings summary30 Oct, 2025

Executive summary

  • Achieved steady progress in the first half of FY2026.3, with net sales for the six months at ¥959.1 billion (+1.0% YoY) and significant profit growth due to time-lag effects in raw material cost adjustments in the Domestic Energy Business.

  • Ordinary profit rose 46.7% to ¥105.4 billion, and profit attributable to owners of parent surged 86.7% to ¥94.8 billion year-over-year.

  • Revised upward the full-year forecast for FY2026.3, projecting a 10 billion yen increase in ordinary profit (excluding time-lag effects) and higher profit attributable to owners of parent.

  • Enhanced shareholder returns with a raised dividend on equity (DOE) from 3.0% to 3.5% and an annual dividend increase from 105 yen to 120 yen per share.

  • Ongoing share buyback program of up to 70 billion yen is progressing as scheduled, with treasury shares rising to 7.5 million.

Financial highlights

  • FY2026.3 2Q net sales: ¥959.1 billion (+1.0% YoY); ordinary profit: ¥105.4 billion (+46.7% YoY); profit attributable to owners of parent: ¥94.8 billion (+86.7% YoY).

  • EBITDA for 2Q: ¥169.0 billion (+29.3% YoY); EPS: ¥240.69 (+92.5% YoY).

  • Operating profit for the six months: ¥89.7 billion (+63.2% YoY).

  • Revised FY2026.3 full-year forecast: net sales ¥2,050.0 billion, ordinary profit ¥186.0 billion, profit attributable to owners of parent ¥142.0 billion.

  • ROIC forecast for FY2026.3: 5.7%; ROE: 8.4%.

Outlook and guidance

  • Upward revision of FY2026.3 forecasts, with ordinary profit expected to reach ¥186.0 billion (+¥21.0 billion from previous forecast), driven by strong U.S. business performance and expanded time-lag gains.

  • Net sales projected to decrease YoY due to lower gas unit prices, but profit attributable to owners of parent is expected to rise due to changes in profit recording from U.S. renewable energy business.

  • Earnings per share for the full year projected at ¥361.90, reflecting upward revision.

  • Dividend forecast raised to ¥120.00 per share for the year ending March 31, 2026.

  • Targeting ROIC of 5% and ROE of 8% by FY2027.3, with further profit growth anticipated.

What is the time lag impact on H1 profit?
Freeport LNG and US upstream project outlook?
What drives the dividend policy revision?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Osaka Gas earnings date

Logotype for Osaka Gas Co Ltd
Q3 20262 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Osaka Gas earnings date

Logotype for Osaka Gas Co Ltd
Q3 20262 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Osaka Gas Co., Ltd. is a Japanese energy company primarily engaged in the production, distribution, and sale of natural gas. The company supplies natural gas for residential, commercial, and industrial use, focusing on efficient energy solutions and environmental sustainability. In addition to its gas operations, Osaka Gas is involved in electricity generation, renewable energy projects, and the development of energy-related technologies. The company is headquartered in Osaka, Japan, and its shares are listed on the Tokyo Stock Exchange.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage