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Utilities

Nippon Gas Co., Ltd.

Business Summary

Nippon Gas Co., Ltd. engages in the provision of gas products. It operates through the Liquefied Petroleum (LP) Gas and City Gas segments. The LP Gas segment deals with LP gas, community gas, gas appliances, gas pipe works, replacement gas cylinders, and aerosol products. The City Gas Business segment distributes natural gas through gas pipeline to apartment complexes, subdivisions, company dormitories, apartment buildings, and condominiums. The company was founded in August 1941 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue132,496M1,218.62M
Gross Profit53,327M490.47M
Operating income7,506M69.03M
Income before tax10,154M93.39M
Net income7,742M71.20M
EBITDA17,647M162.30M
Diluted EPS189.951.74
Dividends Per Share700.64
Total Assets132,676M1,228.99M
Total liabilities64,316M595.76M
Total equity68,351M633.14M
Operating cash flow15,975M146.92M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 114,691M 109,536M 114,725M 122,577M 132,496M
Gross Profit 43,444M 46,947M 48,037M 48,355M 53,327M
Operating income 11,810M 12,001M 10,564M 8,332M 7,506M
Income before tax 10,977M 10,070M 11,217M 7,186M 10,154M
Net income 7,090M 6,913M 7,798M 4,327M 7,742M
EBITDA 22,223M 22,043M 20,427M 18,127M 17,647M
Diluted EPS 190.70 161.93 182.61 101.68 189.95
Dividends Per Share 30 34 42 70 70
Total Assets 139,097M 139,157M 138,553M 141,479M 132,676M
Total liabilities 78,781M 72,510M 66,474M 72,412M 64,316M
Total equity 60,311M 66,635M 72,070M 69,059M 68,351M
Operating cash flow 20,717M 16,630M 15,597M 15,151M 15,975M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 955.08M 1,011.52M 1,035.12M 1,105.34M 1,218.62M
Gross Profit 361.77M 433.54M 433.42M 436.04M 490.47M
Operating income 98.34M 110.82M 95.31M 75.13M 69.03M
Income before tax 91.41M 92.99M 101.20M 64.80M 93.39M
Net income 59.04M 63.83M 70.35M 39.01M 71.20M
EBITDA 185.06M 203.55M 184.30M 163.46M 162.30M
Diluted EPS 1.58 1.49 1.64 0.91 1.74
Dividends Per Share 0.24 0.31 0.37 0.63 0.64
Total Assets 1,237.57M 1,248.82M 1,302.80M 1,278.21M 1,228.99M
Total liabilities 700.92M 650.72M 625.04M 654.21M 595.76M
Total equity 536.59M 597.99M 677.66M 623.92M 633.14M
Operating cash flow 172.52M 153.57M 140.72M 136.62M 146.92M

Valuation Measures

Mar 2020
PER18.82
ROA5.64%
ROE11.26%
Operating margin5.66%
Profit margin5.84%

Key executives

  • President & Representative Director: Shinji Wada
  • Executive Officer, Head-Finance & IR: Shinichi Kiyota
  • Executive Officer & Head-Personnel: Keiichi Ozaku
  • Representative Director & General Manager-Sales: Daijo Watanabe
  • Senior Managing Executive Officer: Tetsuo Kamagata

Shareholders

  • Kabouter Management LLC (6.3%)
  • Tybourne Capital Management (HK) Ltd. (5.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.4%)
  • Nippon Gas Co., Ltd. (8174) (3.8%)
  • Rheos Capital Works, Inc. (Investment Management) (3.7%)
  • Tokyo Electric Power Co. Holdings, Inc. (3.4%)
  • Asset Management One Co., Ltd. (3.3%)
  • The Vanguard Group, Inc. (2.5%)
  • Nomura Asset Management Co., Ltd. (2.0%)
  • Norges Bank Investment Management (1.8%)

Contact Details

Related Companies

  • Nippon Gas Restricted Stock Compensation Plan
  • Nippon Gas Board Incentive Plan
  • Nippon Gas Business Association
  • Nihon Gas Energy KK
  • Nihon Gas Jusetsu KK
  • Tosai Setsubi KK
  • Kitanihon Gas Co., Ltd.
  • Nihongas Koji, Inc.
  • Tosai Gas, Inc.
  • Shinnihon Gas Corporation
  • Eitoshi Co. Ltd.
  • Higashinihon Gas Corporation

Competitors

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