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Nippon Gas Maintains Full-Year Profit Outlook After Record-High Q3 Operating Income

Story Highlights
  • Nippon Gas beat its Q3 operating income plan, lifted by stronger electricity gross profit and controlled expenses.
  • The company kept its full-year profit forecast and buyback plan, while taking a cautious view on Q4 demand and margins.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Gas Maintains Full-Year Profit Outlook After Record-High Q3 Operating Income

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An update from NIPPON GAS Co ( (JP:8174) ) is now available.

Nippon Gas reported that operating income for the third quarter of the fiscal year ending March 2026 exceeded its internal plan, supported by higher gross profit driven mainly by its electricity business, while LP gas and city gas performed in line with expectations and selling, general and administrative expenses were kept under control. The company maintained its full-year operating income forecast of ¥20.0 billion and gross profit target of ¥75.0 billion, adopting a conservative outlook for fourth-quarter demand and margins amid potential temperature and pricing slide impacts, and highlighted record-high third-quarter operating income, steady net income guidance of ¥14.0 billion, and a previously announced share buyback program of up to ¥9.0 billion as part of its shareholder return policy.

The most recent analyst rating on (JP:8174) stock is a Buy with a Yen3324.00 price target. To see the full list of analyst forecasts on NIPPON GAS Co stock, see the JP:8174 Stock Forecast page.

More about NIPPON GAS Co

Nippon Gas Co., Ltd. is a Japanese energy company primarily engaged in the supply of LP gas, city gas, and electricity, serving residential and commercial customers. The company focuses on stable energy provision and margin management across its gas and power businesses in the domestic market.

Average Trading Volume: 266,210

Technical Sentiment Signal: Buy

Current Market Cap: Yen320.3B

See more insights into 8174 stock on TipRanks’ Stock Analysis page.

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