Tokyo Gas Co.,Ltd.

Tokyo Gas Co.,Ltd.

TKGSY
Tokyo Gas Co.,Ltd.US flagOther OTC
20.89
USD
+1.53
- -
14.50BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,861.34
2,098.39
2,341.28
1,964.82
1,718.83
1,945
2,176.86
2,176
2,001.27
2,450.53
3,788.26
3,226.5
3,415.69
1,754.42
Basic EPS, GAAP
98.8
107.75
97.86
116.7
57.54
82.06
93.8
48.93
56.13
108.83
323.5
200.54
96.11
83.14
Free Cash Flow per Basic Share
39.72
-3.59
18.19
139.14
46.87
59.56
-73.58
97.98
53.51
-58.85
347.88
123.83
73.9
- -
Dividend per Share
22.55
26.52
25.3
25.2
29.21
27.56
27.66
31.47
29.99
30.05
33.94
33.34
36.96
- -
Book Value per Share
895.91
962.68
1,018.82
1,096.95
1,121.22
1,180.21
1,240.68
1,254.08
1,284.12
1,385.15
1,672.95
1,793.01
1,923.69
1,871.15
Tangible Book Value per Share
856.64
891.34
972.05
1,019.58
1,119.39
1,154.53
1,165.9
1,133.66
1,000.7
1,115.41
1,467.99
1,305.98
1,350.42
1,282.58
Basic Weighted Avg Shares
1,029
1,007
979
959
923
914
901
885
882
879
868
825
772
793
Sales/Revenue/Turnover
1,915,639
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
1,391,787
Operating Margin (%)
7.6
7.86
7.49
10.19
3.68
6.54
4.78
5.27
4.4
5.92
12.81
8.16
5.05
6.51
Depreciation Expense
135,015
136,950
138,635
142,274
160,871
161,093
157,574
165,615
176,087
196,810
205,076
209,764
263,842
- -
Net Income, GAAP
101,678
108,451
95,828
111,936
53,134
74,987
84,555
43,293
49,505
95,702
280,916
165,481
74,194
65,953
Effective Tax Rate (%)
30.92
30.65
34.37
27.47
21.69
34.4
28.09
35.57
23.74
28.83
30.91
33.22
31.58
34.01
Profit Margin (%)
5.31
5.13
4.18
5.94
3.35
4.22
4.31
2.25
2.8
4.44
8.54
6.22
2.81
4.74
Working Capital
207,019
211,337
195,555
186,909
140,460
126,822
189,119
192,327
135,715
347,880
611,756
639,409
436,916
529,701
LT Debt
578,393
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
1,300,895
Total Equity
946,511
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
1,786,397
Return on Invested Capital (%)
6.6
6.94
6.37
7.71
2.54
4.21
3.57
3.29
2.78
3.84
10.71
4.76
2.9
1.94
Return on Capital (%)
7.2
7.26
6.19
7.01
3.57
4.77
5.13
2.64
2.79
4.52
11.3
6.35
3.37
2.56
Return on Common Equity (%)
11.49
11.47
9.75
10.92
5.09
7.1
7.7
3.89
4.42
8.14
21.04
11.29
5.01
4.36

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
73,492
- -
56,945
LT Borrowings
1,269,631
- -
1,300,895
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
399
- -
387
Market Capitalization
1,479,889
1,328,131
1,336,425

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
1,308,913
- -
1,101,486
Cash, Cash Equivalents & STI
363,938
- -
212,967
Accounts Receivable, Net
459,297
- -
412,456
Inventories
137,535
- -
164,191
Total Current Liabilities
669,504
- -
571,785
Payables & Accruals
- -
- -
- -
ST Debt
73,492
- -
56,945
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.4%
9.5%
2.42%
Free Cash Flow
-89.45%
-209.87%
-44.17%
Net Income, GAAP
17.43%
40.99%
-55.16%
Sales/Revenue/Turnover
3.33%
9.28%
-0.96%
Total Cash Common Dividend
1.67%
0.7%
3.69%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
649,696
623,035
629,890
761,897
2,662,420
2025
- -
- -
- -
- -
2,636,809
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
90.45
- -
- -
- -
200.54
2025
- -
- -
- -
- -
96.11
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
33.34
2025
- -
- -
- -
- -
36.96
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Shinichi Sasayama
Full Time Employees
15,504
Sector
Utilities
Industry
Regulated Gas
Address
1-5-20 Kaigan Tokyo Japan 105-8527
IPO Date
Jan 5, 2010
Business
Tokyo Gas Co., Ltd. supplies city gas, liquefied natural gas, and electricity primarily to Tokyo and surrounding prefectures including Kanagawa, Saitama, Chiba, Ibaraki, Tochigi, Gunma, Yamanashi, and Nagano in Japan. The company manufactures, procures, transports, and sells city gas and LNG; provides electricity retail and power generation services including cogeneration and fuel cells; offers engineering solutions, gas appliance sales and maintenance, air conditioning equipment, and energy services; engages in overseas resource development, LNG trading, and investments in shale gas assets in the US states of Texas and Louisiana; and develops real estate properties and urban infrastructure. Founded in 1885 and headquartered in Minato-ku, Tokyo, Tokyo Gas operates through segments encompassing Energy Solutions, Network, Overseas, and Urban Business, serving residential, commercial, industrial customers while pursuing decarbonization via renewable energy such as solar, wind, and biomass, high-efficiency appliances, and LNG cold energy utilization. In late 2025, the company signed a 20-year sales and purchase agreement with Venture Global to procure 1 million tonnes per annum of LNG starting 2030; entered preliminary offtake agreements with JERA for the Alaska LNG project; partnered with Vietnam firms and Kumagai Gumi on four offshore wind power projects in southern Vietnam; formed a capital and business alliance with RENOVA for renewable energy and storage battery expansion; unveiled a medium-term management plan through fiscal 2028 investing up to 1.3 trillion yen including 350 billion yen overseas focused on US growth; and raised its full-year profit forecast to 194 billion yen amid real estate asset sales.

Company News

APIChat
  • 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

  • Tokyo Gas unit buys U.S. natgas producer Rockcliff Energy for $2.7 bn