TOHO GAS Co., Ltd.

TOHO GAS Co., Ltd.

6.75
EUR
+0.10
(+1.50%)
2.44BMarket Cap
Oct 29Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
1,284.5
1,331.86
1,107.54
906.69
1,007.05
1,084.28
1,146.58
1,029.29
1,222.17
1,679.3
1,505.21
1,622.24
1,734.07
- -
Basic EPS, GAAP
25.76
43.68
99.26
41.22
42.32
34.84
38.4
20.34
36.66
80.2
64.93
62.95
83.76
- -
Free Cash Flow per Basic Share
86.65
142.86
265.24
86.54
133.96
76.68
161.44
152.45
84.04
134.17
112.66
205.49
174.74
- -
Dividend per Share
11.25
11.26
12.54
12.53
12.53
13.75
13.76
13.75
13.78
15
14.99
20.43
21.66
- -
Book Value per Share
563.64
648.43
658.68
716.24
767.07
769.59
764.1
851.08
910.43
957.24
1,086.28
1,148.6
1,311.98
- -
Tangible Book Value per Share
553.23
634.82
646.39
705.03
757.08
754.04
738.47
830.42
884.52
926.47
1,051.37
1,106
1,263.53
- -
Basic Weighted Avg Shares
436
436
433
431
426
425
424
422
422
420
421
404
375
372
Sales/Revenue/Turnover
560,462
580,984
479,870
390,433
428,868
461,199
485,623
434,776
515,313
706,073
632,985
656,010
651,085
- -
Operating Margin (%)
2.81
4.95
12.65
5.94
5.59
3.87
4.4
3.11
3.47
6.2
5.31
4.71
4.88
- -
Depreciation Expense
35,780
33,950
32,987
35,482
35,973
36,075
37,557
37,463
36,510
36,268
38,467
37,955
38,371
- -
Net Income, GAAP
11,241
19,053
43,008
17,749
18,022
14,820
16,266
8,592
15,459
33,721
27,304
25,454
31,449
- -
Effective Tax Rate (%)
34.08
35.45
29.65
27.52
29.59
29.64
30.47
35.55
27.52
28.86
32
32.38
27.34
- -
Profit Margin (%)
2.01
3.28
8.96
4.55
4.2
3.21
3.35
1.98
3
4.78
4.31
3.88
4.83
- -
Working Capital
19,561
49,299
25,924
25,181
6,105
26,359
34,760
65,379
43,634
56,930
87,521
67,433
70,759
- -
LT Debt
117,233
119,669
92,386
105,240
79,942
93,440
106,541
119,108
98,716
115,462
127,783
131,222
151,640
- -
Total Equity
245,888
282,825
285,184
306,799
326,279
327,338
322,767
359,491
382,750
402,501
456,851
448,393
477,518
- -
Return on Invested Capital (%)
2.68
4.53
10.32
4.09
4.02
2.91
3.35
1.87
2.65
6.07
4.06
3.54
3.75
- -
Return on Capital (%)
3.24
5.03
11.04
4.61
4.49
3.6
3.85
1.97
3.3
6.85
5.03
4.48
5.34
- -
Return on Common Equity (%)
4.66
7.21
15.14
6
5.69
4.53
5
2.52
4.17
8.59
6.35
5.62
6.79
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
1,800
1,800
- -
LT Borrowings
127,912
151,640
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
376
364
358
Market Capitalization
417,885
447,307
425,608

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
176,190
180,859
- -
Cash, Cash Equivalents & STI
50,326
43,008
- -
Accounts Receivable, Net
67,720
76,491
- -
Inventories
27,948
28,465
- -
Total Current Liabilities
114,623
110,100
- -
Payables & Accruals
- -
- -
- -
ST Debt
1,800
1,800
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.4%
5.96%
6.5%
Free Cash Flow
9.91%
10.51%
-21.05%
Net Income, GAAP
8.34%
39.16%
23.55%
Sales/Revenue/Turnover
4.17%
9.62%
-0.75%
Total Cash Common Dividend
- -
- -
-1.55%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
656,010
2026
- -
- -
- -
- -
651,085
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
62.95
2026
- -
- -
- -
- -
83.76
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
20.43
2026
- -
- -
- -
- -
21.66
2027
- -
- -
- -
- -
- -

Company Description

CEO
Satoshi Yamazaki
Full Time Employees
6,131
Sector
Utilities
Industry
Gas distributors
Address
19-18, Sakurada-cho Nagoya AI Japan 456-8511
IPO Date
May 16, 1949
Business
Toho Gas Co., Ltd. supplies city gas and related energy services primarily in Japan's Tokai region, encompassing 54 cities, 21 towns, and 1 village across Aichi, Gifu, and Mie prefectures; it manufactures, distributes, and sells natural gas, liquefied petroleum gas (LPG), liquefied natural gas (LNG), liquefied carbon dioxide, and other high-pressure gases; provides electricity and heat supply services; develops, purchases, and trades energy resources including coke, tar, crude oil products, methanol, and plasticizers; produces and sells gas appliances, air-conditioning, kitchen, plumbing equipment, and home appliances; sells paving materials, automobiles, daily sundries, foodstuffs, and beverages; undertakes design, construction, and administration for civil engineering, architectural, wiring, piping, machinery, pollution prevention, waste treatment, and soil reclamation projects; offers real estate leasing and management, data processing, security services, insurance agency, leasing, advertising, and various corporate support businesses. Founded on June 26, 1922 and headquartered at 19-18 Sakurada-cho, Atsuta-ku, Nagoya, Aichi 456-8511, Japan, the company operates through gas, LPG and other energies, electric power, and diversified segments serving residential, commercial, and industrial customers domestically and internationally. In December 2025, Toho Gas signed a joint development and operating agreement with TotalEnergies, TES, Osaka Gas, and ITOCHU for the Live Oak project in Nebraska, United States, acquiring a stake in a large-scale electric natural gas (e-NG) production facility targeting 250 MW electrolysis capacity and 75,000 tons per annum methanation, with commercial operations planned by 2030 and Toho Gas as a primary offtaker to support carbon-neutral gas integration goals.