trending Market Intelligence /marketintelligence/en/news-insights/trending/jYed49bN2VOlHxgDTnebPw2 content esgSubNav
In This List

Tokyo Gas fiscal Q1 profit climbs 50.3% YOY

Blog

Beyond ESG with Climate Stress Testing: Getting Practical at Banks & Insurers

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Broadcast broker activities, H1'21

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


Tokyo Gas fiscal Q1 profit climbs 50.3% YOY

Tokyo Gas Co. Ltd. said its normalized net income for the fiscal first quarter ended June 30 amounted to ¥74.74 per share, a gain of 54.0% from ¥48.53 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥36.94 billion, a gain of 50.3% from ¥24.57 billion in the year-earlier period.

The normalized profit margin climbed to 6.9% from 5.2% in the year-earlier period.

Total revenue rose 12.8% on an annual basis to ¥534.04 billion from ¥473.62 billion, and total operating expenses grew 9.3% on an annual basis to ¥474.03 billion from ¥433.69 billion.

Reported net income rose 71.8% from the prior-year period to ¥44.76 billion, or ¥90.56 per share, from ¥26.05 billion, or ¥51.45 per share.

As of Aug. 14, US$1 was equivalent to ¥102.44.