Osaka Gas's Quarterly Profit Falls as a Fuel-Cost Timing Lag Bites and an Insurance Windfall Fades
A three-month gap between rising fuel costs and the tariffs that recover them cut Osaka Gas's quarterly ordinary profit by 15.3%, while the loss of a one-off insurance payout booked a year earlier pulled net profit down 26.5%. The utility still lifted its full-year sales forecast by ¥100bn while leaving profit guidance and its dividend untouched.