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 2023	JPY	USD
Revenue	3,289.63B	24,274.61M
Gross Profit	693,172M	5,115.00M
Operating income	421,477M	3,110.13M
Income before tax	407,479M	3,006.83M
Net income	280,917M	2,072.92M
EBITDA	630,777M	4,654.58M
Diluted EPS	646.99	4.77
Dividends Per Share	65	0.47
Total Assets	3,581.42B	26,909.79M
Total liabilities	1,992.11B	14,968.20M
Total equity	1,558.40B	11,709.40M
Operating cash flow	487,030M	3,593.85M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,962.30B	1,925.23B	1,765.14B	2,145.19B	3,289.63B
Gross Profit	452,093M	474,952M	443,691M	474,956M	693,172M
Operating income	93,705M	101,419M	77,676M	117,778M	421,477M
Income before tax	117,248M	67,476M	66,184M	126,865M	407,479M
Net income	84,555M	43,293M	49,505M	88,746M	280,917M
EBITDA	255,979M	271,743M	258,355M	319,334M	630,777M
Diluted EPS	187.60	97.86	112.25	201.84	646.99
Dividends Per Share	60	60	60	65	65
Total Assets	2,428.14B	2,539.91B	2,738.34B	3,216.94B	3,581.42B
Total liabilities	1,256.79B	1,380.77B	1,560.07B	1,957.66B	1,992.11B
Total equity	1,159.05B	1,147.74B	1,153.81B	1,227.19B	1,558.40B
Operating cash flow	141,306M	306,296M	255,574M	145,227M	487,030M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	17,695.24M	17,707.25M	16,643.30M	19,090.02M	24,274.61M
Gross Profit	4,076.77M	4,368.34M	4,183.49M	4,226.61M	5,115.00M
Operating income	844.99M	932.79M	732.39M	1,048.10M	3,110.13M
Income before tax	1,057.29M	620.60M	624.03M	1,128.96M	3,006.83M
Net income	762.48M	398.18M	466.77M	789.74M	2,072.92M
EBITDA	2,308.30M	2,499.34M	2,435.99M	2,841.74M	4,654.58M
Diluted EPS	1.69	0.90	1.05	1.79	4.77
Dividends Per Share	0.54	0.55	0.56	0.57	0.47
Total Assets	21,937.47M	23,527.57M	24,781.43M	26,504.15M	26,909.79M
Total liabilities	11,354.72M	12,790.28M	14,118.31M	16,129.07M	14,968.20M
Total equity	10,471.66M	10,631.71M	10,441.75M	10,110.79M	11,709.40M
Operating cash flow	1,274.23M	2,817.14M	2,409.77M	1,292.36M	3,593.85M

Valuation Measures

Mar 2023
PER	3.85
ROA	8.26%
ROE	20.16%
Operating margin	12.81%
Profit margin	8.53%

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. (7.1%)
Nomura Asset Management Co., Ltd. (3.6%)
BlackRock Fund Advisors (3.1%)
The Vanguard Group, Inc. (2.5%)
Tokyo Gas Employee Stock Ownership Plan (2.0%)
Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.7%)
Daiwa Asset Management Co. Ltd. (1.6%)
Nikko Asset Management Co., Ltd. (1.6%)
Dai Ichi Life Insurance Pension Fund (1.6%)
BlackRock Japan Co., Ltd. (1.5%)

Contact Details

Website:http://www.tokyo-gas.co.jp
Address: 1-5-20 Kaigan, Minato-Ku, Tokyo, 105-8527, Japan
Phone: +81.3.5400.7736

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Competitors

Last Updated on 29 May, 2023