Tokyo Gas Co.,Ltd. (TOG.F), a provider of natural gas and other energy solutions, on Wednesday reported a strong performance for the six months ended September 30, 2025, with profit before income taxes rising sharply to 170.746 billion yen, compared with 32.260 billion yen in the same period a year earlier. The increase was primarily driven by substantial extraordinary income, including significant foreign exchange-related gains and asset sales.
The company recorded a gain on reversal of foreign currency translation adjustment of 68.013 billion yen, a gain on sale of non-current assets of 11.707 billion yen, and a gain on sale of investment securities rising to 4.822 billion yen from 2.949 billion yen a year earlier
Operating profit climbed to 95.294 billion yen from 39.405 billion yen in the prior-year period.
Net income rose to 129.680 billion yen or 366.15 yen per basic share, from 16.034 billion yen or 40.82 yen per basic share a year earlier.
Net sales grew 10.3% year-on-year to 1.348 trillion yen, compared with 1.222 trillion yen in the prior-year period.
Looking ahead to the full year, the company expects net sales of 2.839 trillion yen, up 7.7% year-on-year. Net profit is projected to surge 161.5% to 194 billion, yen with basic earnings per share of 561.55 yen.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.