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Utilities

Tokyo Gas Co., Ltd.

Business Summary

Tokyo Gas Co., Ltd. engages in the provision of city gas and other gas-related products. It operates through the following segments: City Gas, Electric Power, Overseas Business, Energy-related, Real Estate, and Others. The City Gas segment produces, supplies, and sells gas. The Electric Power segment handles electric power services. The Overseas Business segment manages overseas resource development. The Energy-related segment includes engineering solutions, liquefied natural gas (LNG) sale, and gas construction. The Real Estate segment leases and manages land and buildings. The Others includes information processing service, ship, and credit businesses. The company was founded by Eiichi Shibusawa on October 1, 1885 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue1,925.23B17,707.25M
Gross Profit475,158M4,370.24M
Operating income101,509M933.62M
Income before tax67,566M621.43M
Net income43,383M399.01M
EBITDA271,744M2,499.35M
Diluted EPS98.060.90
Dividends Per Share600.55
Total Assets2,537.72B23,507.23M
Total liabilities1,378.49B12,769.11M
Total equity1,147.83B10,632.55M
Operating cash flow306,296M2,817.14M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,884.65B 1,587.08B 1,777.34B 1,962.30B 1,925.23B
Gross Profit 547,923M 432,793M 470,565M 452,093M 475,158M
Operating income 192,008M 58,366M 116,303M 93,705M 101,509M
Income before tax 155,768M 69,010M 114,784M 117,248M 67,566M
Net income 111,936M 53,134M 74,988M 84,555M 43,383M
EBITDA 337,538M 223,729M 282,033M 255,979M 271,744M
Diluted EPS 233.40 115.10 164.12 187.60 98.06
Dividends Per Share 55 55 55 60 60
Total Assets 2,251.51B 2,230.26B 2,334.31B 2,428.14B 2,537.72B
Total liabilities 1,136.34B 1,117.45B 1,185.87B 1,256.79B 1,378.49B
Total equity 1,100.27B 1,101.49B 1,136.02B 1,159.05B 1,147.83B
Operating cash flow 354,658M 238,733M 259,738M 141,306M 306,296M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 15,694.44M 14,656.21M 16,036.31M 17,695.24M 17,707.25M
Gross Profit 4,562.82M 3,996.70M 4,245.73M 4,076.77M 4,370.24M
Operating income 1,598.94M 538.99M 1,049.35M 844.99M 933.62M
Income before tax 1,297.15M 637.28M 1,035.65M 1,057.29M 621.43M
Net income 932.14M 490.67M 676.58M 762.48M 399.01M
EBITDA 2,810.84M 2,066.06M 2,544.67M 2,308.30M 2,499.35M
Diluted EPS 1.94 1.06 1.48 1.69 0.90
Dividends Per Share 0.45 0.50 0.49 0.54 0.55
Total Assets 20,032.18M 20,014.97M 21,949.37M 21,937.47M 23,507.23M
Total liabilities 10,110.28M 10,028.31M 11,150.70M 11,354.72M 12,769.11M
Total equity 9,789.33M 9,885.11M 10,681.97M 10,471.66M 10,632.55M
Operating cash flow 2,953.40M 2,204.62M 2,343.52M 1,274.23M 2,817.14M

Valuation Measures

Mar 2020
PER26.06
ROA1.74%
ROE3.76%
Operating margin5.27%
Profit margin2.25%

Key executives

  • President & Representative Director: Takashi Uchida
  • Chief Financial Officer, Head-Finance & Personnel: Isao Nakajima
  • Managing Executive Officer & GM-Technology: Shin Yamagami
  • Director, Head-Audit, Secretariat & Compliance: Masaru Takamatsu
  • Representative Director, EVP & GM-Energy Solutions: Satoru Yasuoka

Shareholders

  • Nippon Life Insurance Co. (7.0%)
  • Dai-ichi Life Holdings, Inc. (5.4%)
  • Nomura Asset Management Co., Ltd. (3.2%)
  • BlackRock Fund Advisors (2.7%)
  • The Vanguard Group, Inc. (2.7%)
  • Tokyo Gas Employee Stock Ownership Plan (1.9%)
  • Fukoku Mutual Life Insurance Co. (1.6%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.6%)
  • Dai Ichi Life Insurance Pension Fund (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.4%)

Contact Details

Related Companies

  • Tokyo Gas i Net Corp.
  • Tokyo Gas Pipeline Co., Ltd.
  • Tokyo Gas Living Holdings KK
  • Acario Innovation LLC
  • Tokyo Gas Pipe Network Co., Ltd.
  • Prominet Power KK
  • Tokyo Gas Liquid Holdings Co., Ltd.
  • Nijio Co., Ltd.
  • Tokyo Gas Ichthys F&E Pty Ltd.
  • Tokyo Gas Pluto Pty Ltd.
  • Tokyo Gas Shale Investment Ltd.
  • Tokyo Gas America Ltd.
  • TG Europower BV
  • Tokyo Gas Asia Pte Ltd.
  • Tokyo Gas Bajio BV
  • Tokyo Gas Darwin LNG Pty Ltd.
  • Tokyo Gas Ichthys Pty Ltd.
  • TG Barnett Resources LP
  • City of Konosu /Gas Business/
  • Tokyo Gas Australia Pty Ltd.
  • Tokyo Gas International Holdings BV
  • Miho Gas Co., Ltd.
  • Shoei Gas Co., Ltd.
  • Fujiokashi Takasakishi Gas
  • Tokyo Oxygen & Nitrogen Co. Ltd.
  • Tokyo LNG Tanker KK
  • East Japan Housing Evaluation Center Co. Ltd.
  • TG Credit Service Co. Ltd.
  • Tokyo Gas Development Co. Ltd.
  • Tokyo Gas BAY Power Co. Ltd.

Competitors

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