SHIKOKUGAS CO., LTD. (E04522) Stock Price

Shikoku Gas is an energy company that manufactures, supplies, and sells city gas primarily throughout the Shikoku region. The company provides natural gas to a wide range of customers, from households to industrial users, centered in Matsuyama, Kochi, Tokushima, and Takamatsu. The company also provides equipment installation services and safety inspections related to gas operations.

The company's revenue is primarily derived from city gas supply to residential customers, supplemented by gas equipment sales, installation services, and liquefied natural gas sales. Operating in the major urban areas of Shikoku, the company serves as a critical regional energy infrastructure provider. In addition to gas sales, related equipment sales and maintenance services form a stable revenue base.

The company's business is organized into three segments: "Gas," "LPG," and "Other." The Gas segment encompasses city gas supply and liquefied natural gas sales, while the LPG segment handles liquefied petroleum gas and related equipment sales. The Other segment includes electricity sales, building leasing, hot spring bath services, and residential equipment sales, positioning the company as a diversified energy-focused service provider.

Shikoku Gas has established clear numerical targets for the "Shikoku Gas Group Medium-Term Management Plan 2025-2027," which begins in fiscal year 2025: revenue of 573 billion yen or more, an operating profit margin of 3.9%, and operating profit of 2.2 billion yen or more. As the second step toward its long-term vision through 2030, the company is pursuing a growth strategy centered on "Three Challenges" to achieve further expansion and transformation.

The company has positioned decarbonization as its highest priority and is accelerating investments toward achieving carbon neutrality by 2050. On the residential side, in addition to promoting fuel cell Ene Farm units, it is entering the renewable energy sector through "Sora Ene Smart," a rooftop solar power leasing service. In the commercial sector, it is strengthening proposals for fuel conversion from heavy oil to natural gas and expanding the deployment of blackout-resistant systems to enhance regional disaster preparedness.

In new market development, the company is expanding its business scope beyond traditional gas supply operations. It is enhancing service offerings to meet diverse customer needs while strengthening partnerships with local communities to create new value. Through community-focused business operations, it is promoting revenue diversification while contributing to sustainable development in the Shikoku region.

Regarding technological innovation, the company has positioned digital transformation as a pillar of management foundation strengthening. It is advancing productivity improvements and efficient operational structures through digital transformation (DX), aiming to become a corporate group capable of flexibly responding to rapidly changing business environments. Concurrently, it is promoting human capital management to enhance corporate value through both technological innovation and organizational strengthening.