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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: Gas, Electric Power, Overseas Business, Energy-related, Real Estate, and Others. The Gas segment produces, supplies, and sells city gas and liquid gas. The Electric Power segment handles electric power services. The Overseas Business segment deals with overseas resource development, investment, and energy. The Energy-related segment includes engineering solutions, gas appliances, and gas construction works. The Real Estate segment leases and manages land and buildings. The Others segment includes information processing service and shipping businesses. The company was founded by Eiichi Shibusawa on October 1, 1885 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue1,765.14B16,643.30M
Gross Profit443,691M4,183.49M
Operating income77,676M732.39M
Income before tax66,184M624.03M
Net income49,505M466.77M
EBITDA258,355M2,435.99M
Diluted EPS112.251.05
Dividends Per Share600.56
Total Assets2,738.34B24,781.43M
Total liabilities1,560.07B14,118.31M
Total equity1,153.81B10,441.75M
Operating cash flow255,574M2,409.77M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,587.08B 1,777.34B 1,962.30B 1,925.23B 1,765.14B
Gross Profit 432,793M 470,565M 452,093M 474,952M 443,691M
Operating income 58,366M 116,303M 93,705M 101,419M 77,676M
Income before tax 69,010M 114,784M 117,248M 67,476M 66,184M
Net income 53,134M 74,988M 84,555M 43,293M 49,505M
EBITDA 223,729M 282,033M 255,979M 271,743M 258,355M
Diluted EPS 115.10 164.12 187.60 97.86 112.25
Dividends Per Share 55 55 60 60 60
Total Assets 2,230.26B 2,334.31B 2,428.14B 2,539.91B 2,738.34B
Total liabilities 1,117.45B 1,185.87B 1,256.79B 1,380.77B 1,560.07B
Total equity 1,101.49B 1,136.02B 1,159.05B 1,147.74B 1,153.81B
Operating cash flow 238,733M 259,738M 141,306M 306,296M 255,574M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 14,656.21M 16,036.31M 17,695.24M 17,707.25M 16,643.30M
Gross Profit 3,996.70M 4,245.73M 4,076.77M 4,368.34M 4,183.49M
Operating income 538.99M 1,049.35M 844.99M 932.79M 732.39M
Income before tax 637.28M 1,035.65M 1,057.29M 620.60M 624.03M
Net income 490.67M 676.58M 762.48M 398.18M 466.77M
EBITDA 2,066.06M 2,544.67M 2,308.30M 2,499.34M 2,435.99M
Diluted EPS 1.06 1.48 1.69 0.90 1.05
Dividends Per Share 0.50 0.49 0.54 0.55 0.56
Total Assets 20,014.97M 21,949.37M 21,937.47M 23,527.57M 24,781.43M
Total liabilities 10,028.31M 11,150.70M 11,354.72M 12,790.28M 14,118.31M
Total equity 9,885.11M 10,681.97M 10,471.66M 10,631.71M 10,441.75M
Operating cash flow 2,204.62M 2,343.52M 1,274.23M 2,817.14M 2,409.77M

Valuation Measures

Mar 2021
PER21.93
ROA1.87%
ROE4.30%
Operating margin4.40%
Profit margin2.80%

Key executives

  • President & Representative Director: Takashi Uchida
  • Representative Director, EVP & GM-Living Services: Masaru Takamatsu
  • Representative Director, EVP & GM-Energy Solutions: Kunio Nohata
  • Executive Officer & Manager-Living Sales Planning: Masayuki Kado
  • Executive Officer & Manager-Wide Area Sales: Masako Konishi

Shareholders

  • Nippon Life Insurance Co. (7.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • BlackRock Fund Advisors (2.7%)
  • The Vanguard Group, Inc. (2.4%)
  • Tokyo Gas Employee Stock Ownership Plan (1.9%)
  • Dai-ichi Life Holdings, Inc. (1.9%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.6%)
  • Dai Ichi Life Insurance Pension Fund (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

Contact Details

Related Companies

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  • Tokyo Gas Shale Investment Ltd.
  • Tokyo Gas America Ltd.
  • TG Europower BV
  • Tokyo Gas Asia Pte Ltd.
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  • Tokyo Gas Darwin LNG Pty Ltd.
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  • TG Barnett Resources LP
  • City of Konosu /Gas Business/
  • Tokyo Gas Australia Pty Ltd.
  • Tokyo Gas-Mitsui & Co. Holdings Sdn. Bhd.
  • Tokyo Gas International Holdings BV

Competitors

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