Securities Report – 72nd Fiscal Period (April 1, 2025 – March 31, 2026)

Nippon Gas Co., Ltd. Securities Report – 72nd Fiscal Period (April 1, 2025 – March 31, 2026)

Nippon Gas Co., Ltd. hereby submits its Securities Report for the 72nd fiscal period (April 1, 2025 to March 31, 2026) in accordance with the Financial Instruments and Exchange Act. This report provides comprehensive disclosures on the company’s financial performance, financial position, management policies, future outlook, risk factors, and corporate governance, aiming to ensure transparent information disclosure for investors and market participants.

The company’s core business is the supply of city gas, maintaining a stable delivery infrastructure for residential, commercial, and industrial customers. In response to global trends toward energy diversification and decarbonization, the company is actively advancing strategic initiatives, including LNG import and sales operations, renewable energy-related businesses, and research and development in hydrogen and ammonia fuels, positioning itself for the future energy landscape.

For the 72nd fiscal period, key environmental factors include fluctuations in international energy prices, foreign exchange trends, intensified climate change mitigation policies, and national strategies toward carbon neutrality. The company will closely monitor these external dynamics while pursuing cost structure optimization, efficient asset management, and digital transformation to enhance operational efficiency, aiming for sustainable growth and increased shareholder value.

In terms of financial position, the company maintains a stable revenue base and robust cash flow, ensuring a solid financial foundation to execute planned capital expenditures and shareholder return initiatives. The company is also strengthening its ESG (Environmental, Social, and Governance) initiatives, advancing disclosures in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

Going forward, the company will continue to prioritize safe and stable energy supply while proactively adapting to the energy transition, striving to balance societal sustainability with corporate growth.