-- Tokyo Gas reported 2025 earnings on Tuesday, showing consolidated gas sales volumes fell to 11.18 billion cubic meters, a slight decrease from 11.21 billion cubic meters a year earlier.
The utility firm's retail customers rose to 8.86 million, while the total number of meters in operation increased to 12.69 million.
The company also said that retail electricity customers rose to 4.34 million, while total power sales surged to 28 billion kilowatt-hours. Wholesale volumes jumped 28.4%, outpacing a 14% rise in retail electricity sales.
Meanwhile, the gas supplier said it expects consolidated net sales to surge to 2.95 trillion Japanese Yen ($18.49 billion) in fiscal 2026, while gas sales volume is projected to drop to 10.79 billion cubic meters. Electricity sales, in contrast, are projected to increase to 28.49 billion kWh.
Tokyo Gas's assumptions for the fiscal year include an exchange rate of 155 Japanese Yen per dollar and oil prices averaging $85 per barrel.