Hokkaido Gas Lifts Year-End Dividend Forecast on Strong Performance

Hokkaido Gas Co., Ltd. ( (JP:9534) ) has provided an announcement.

Hokkaido Gas has revised its year-end dividend forecast for the fiscal year ended March 31, 2026, raising the planned fiscal year-end dividend per share from ¥11.50 to ¥13.00 and the annual dividend from ¥23.00 to ¥24.50. The move, which reflects solid business performance supported by expanding sales volumes, underlines the company’s ongoing commitment to progressive, stable shareholder returns guided by a 2.5% consolidated dividend-on-equity target, and signals confidence in its earnings strength and cash-generating capacity.

The revised dividend is scheduled to be formally approved at a May 25, 2026 board meeting, following completion of audits of the full-year financial statements. This payout increase, coming after a prior 5-for-1 stock split and a step-up from the previous year’s ¥19.00 annual dividend, positions Hokkaido Gas as maintaining a shareholder-friendly capital policy in a sector where predictable dividends are a key attraction for investors.

More about Hokkaido Gas Co., Ltd.

Hokkaido Gas Co., Ltd. is a Japanese utility operating in the gas industry, supplying city gas and related energy services primarily in Hokkaido. Listed on the Tokyo Stock Exchange Prime Market and the Sapporo Securities Exchange under code 9534, the company focuses on stable energy provision and shareholder returns within Japan’s regulated utility sector.

Average Trading Volume: 218,530

Technical Sentiment Signal: Buy

Current Market Cap: Yen81.21B

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