TOKYO GAS Co., Ltd.

TOKYO GAS Co., Ltd.

35.00
EUR
+0.60
(+1.74%)
13.67BMarket 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
4,196.79
4,682.55
3,929.64
3,437.67
3,890
4,353.73
4,351.99
4,002.54
4,901.05
7,576.52
6,453
6,831.38
8,181.72
- -
Basic EPS, GAAP
215.49
195.73
233.39
115.09
164.12
187.6
97.86
112.25
217.67
646.99
401.08
192.22
654.76
- -
Free Cash Flow per Basic Share
-7.19
36.39
278.29
93.73
119.13
-147.16
195.96
107.02
-117.69
695.76
247.65
147.81
450.8
- -
Dividend per Share
53.05
50.6
50.4
58.42
55.13
55.32
62.93
59.97
60.1
67.88
66.69
73.92
97.81
- -
Book Value per Share
2,014.53
2,191.41
2,301.74
2,398.7
2,487.57
2,575.99
2,602.53
2,616.37
2,847.88
3,595.6
4,244.14
4,669.37
5,151.08
- -
Tangible Book Value per Share
1,751.06
1,913.9
2,014.75
2,226.2
2,283.01
2,308.49
2,248.52
1,945.98
2,164.64
2,869.9
2,537.02
2,615.42
2,930.78
- -
Basic Weighted Avg Shares
503
490
480
462
457
451
442
441
440
434
413
386
346
343
Sales/Revenue/Turnover
2,112,117
2,292,548
1,884,656
1,587,085
1,777,344
1,962,308
1,925,235
1,765,146
2,154,860
3,289,634
2,662,420
2,636,809
2,834,749
- -
Operating Margin (%)
7.86
7.49
10.19
3.68
6.54
4.78
5.27
4.4
5.92
12.81
8.16
5.05
6.97
- -
Depreciation Expense
136,950
138,635
142,274
160,871
161,093
157,574
165,615
176,087
196,810
205,076
209,764
263,842
264,299
- -
Net Income, GAAP
108,451
95,828
111,936
53,134
74,987
84,555
43,293
49,505
95,702
280,916
165,481
74,194
226,857
- -
Effective Tax Rate (%)
30.65
34.37
27.47
21.69
34.4
28.09
35.57
23.74
28.83
30.91
33.22
31.58
20.58
- -
Profit Margin (%)
5.13
4.18
5.94
3.35
4.22
4.31
2.25
2.8
4.44
8.54
6.22
2.81
8
- -
Working Capital
211,337
195,555
186,909
140,460
126,822
189,119
192,327
135,715
347,880
611,756
639,409
436,916
331,564
- -
LT Debt
646,039
651,911
648,390
641,749
653,678
729,540
834,539
933,879
1,117,344
1,156,238
1,269,631
1,229,193
1,135,475
- -
Total Equity
1,029,491
1,087,260
1,115,170
1,112,807
1,148,431
1,171,343
1,159,137
1,178,269
1,281,148
1,589,299
1,758,821
1,801,468
1,796,567
- -
Return on Invested Capital (%)
6.94
6.37
7.71
2.54
4.21
3.57
3.29
2.78
3.84
10.71
4.76
2.9
5.07
- -
Return on Capital (%)
7.15
5.99
6.77
3.46
4.6
4.99
2.58
2.75
4.46
11
6.01
3.13
7.82
- -
Return on Common Equity (%)
11.18
9.21
10.32
4.83
6.7
7.37
3.75
4.3
7.96
19.99
10.18
4.34
13.18
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
97,916
74,194
- -
LT Borrowings
1,123,171
1,135,475
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
345
333
330
Market Capitalization
1,810,387
2,507,507
2,037,789

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
937,352
1,034,789
- -
Cash, Cash Equivalents & STI
210,973
187,102
- -
Accounts Receivable, Net
385,515
424,098
- -
Inventories
169,197
158,226
- -
Total Current Liabilities
667,634
703,225
- -
Payables & Accruals
- -
- -
- -
ST Debt
97,916
74,194
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.12%
9.12%
-0.27%
Free Cash Flow
-136.99%
-166%
173.77%
Net Income, GAAP
36.33%
79.27%
205.76%
Sales/Revenue/Turnover
5.86%
12.44%
7.51%
Total Cash Common Dividend
3.79%
5.45%
18.77%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2,636,809
2026
- -
- -
- -
- -
2,834,749
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
192.22
2026
- -
- -
- -
- -
654.76
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
73.92
2026
- -
- -
- -
- -
97.81
2027
- -
- -
- -
- -
- -

Company Description

CEO
Shinichi Sasayama
Full Time Employees
16,001
Sector
Utilities
Industry
Gas distributors
Address
1-5-20 Kaigan Tokyo TY Japan 105-8527
IPO Date
May 16, 1949
Business
Tokyo Gas Co., Ltd. engages primarily in the production, supply, and sale of city gas and liquefied natural gas (LNG) within the Tokyo metropolitan and surrounding areas in Japan. Its core business segments include Energy Solutions, which encompasses city gas manufacture and sale, LNG trading, electricity sales, engineering and energy services; the Network segment responsible for gas transportation and supply infrastructure; the Overseas segment focused on international resource development, energy supply, and investment; and the Urban Business segment engaging in real estate development and rental services. The company also operates power generation facilities and provides gas appliance sales and maintenance services. Tokyo Gas has been expanding its energy portfolio into renewable sources such as solar and biomass, and it has strategic investments overseas, including in the United States. The company is advancing initiatives under its "Compass 2030" vision to lead future energy systems with a focus on decarbonization, digital transformation, and customer-centric solutions. A significant recent development includes a new 20-year LNG supply agreement with Venture Global to procure 1 million tonnes per annum starting in 2030. Additionally, Tokyo Gas is strengthening its presence in the US energy market through acquisitions and investments, while enhancing its customer engagement through increased digital initiatives and new service offerings in the Kanto region, aiming for nationwide expansion via partnerships. Founded in 1885 and headquartered in Tokyo, the company also operates subsidiaries such as Tokyo Gas Chemicals Co., Ltd., which manufactures industrial gases leveraging LNG cold energy for environmental efficiency. Tokyo Gas balances a broad service portfolio spanning gas, electricity, engineering solutions, urban real estate, and overseas energy ventures, positioning itself as a comprehensive energy solutions provider in Japan and beyond with a strong focus on sustainable growth and innovation.

Company News

  • Prolonged Iran war could keep spot LNG prices high, Tokyo Gas says

  • Tokyo Gas warns fiscal 2026 profit to fall 40% on higher power procurement costs

  • Fortifying the Front Line: Tokyo Fast-Tracks Record Defense Spending

  • Tokyo Gas to steer more than half of overseas investments to US in next 3 years, CEO says

  • Venture Global, Tokyo Gas sign 20-year LNG supply deal

  • Venture Global and Tokyo Gas Announce 20-Year LNG Sales and Purchase Agreement

  • Tokyo Gas sells US gas unit to Grayrock Energy for $255 million

  • Tokyo Gas executive: no impact expected on LNG buying from Iran-Israel conflict

  • Japan's Tokyo Gas expands in US shale gas with Chevron deal

  • Japan's Tokyo Gas to buy stake in Texas Shale from Chevron, Nikkei reports

  • Tokyo Gas expects net profit to nearly double in FY26

  • Tokyo Gas to sell US shale gas stake to Shizuoka Gas for $130 million

  • Tokyo Gas enters Philippine LNG market with terminal stake

  • Tokyo Gas has identified assets to sell to fund investments, president says

  • Tokyo Gas Shares Rise Sharply After Elliott Builds Stake

  • Activist investor Elliott takes stake in Tokyo Gas, filing shows

  • Woodside and Tokyo Gas in discussions over stake in US LNG project

  • Tokyo Gas H1 net profit down 84% y/y on higher costs

  • Chevron (CVX) in Talks to Sell Texas Gas Assets to Tokyo Gas

  • Tokyo Gas to increase use of e-methane, hydrogen and wind power