Tokyo Gas annual profit halves on one-off loss, weak US gas prices

TOKYO, April 28 (Reuters) - Tokyo Gas 9531.T, Japan's biggest city gas provider, saw its net profit for the fiscal year ended in March halving to 74.2 billion yen ($517.5 million) partly due to a one-off investment security loss and low gas prices in the U.S., it said on Monday.

Tokyo Gas forecasts net profit for the fiscal year ending in March, 2026 at 134 billion yen.

"The impact of U.S. tariff policy is not included in the earning forecast, as we are currently examining it," the company said in the statement.

($1 = 143.3900 yen)