Nippon Gas forecasts record profits, boosts shareholder returns, expands energy portfolio

Nippon Gas (TSE: 8174) announced its consolidated financial results for the fiscal year ended March 31, 2025, forecasting record profits and initiating plans to enhance shareholder returns. The company projects a net income of JPY 14 billion for FY2026 and expects to achieve a return on equity (ROE) of 22% by optimizing its capital structure. To that end, Nippon Gas will execute a JPY 9 billion share buyback, in addition to increasing its dividend per share to JPY 103.