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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 2022 JPYUSD
Revenue2,145.19B19,090.02M
Gross Profit474,956M4,226.61M
Operating income117,778M1,048.10M
Income before tax126,865M1,128.96M
Net income88,746M789.74M
EBITDA319,334M2,841.74M
Diluted EPS201.841.79
Dividends Per Share650.57
Total Assets3,216.94B26,504.15M
Total liabilities1,957.66B16,129.07M
Total equity1,227.19B10,110.79M
Operating cash flow145,227M1,292.36M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,777.34B 1,962.30B 1,925.23B 1,765.14B 2,145.19B
Gross Profit 470,565M 452,093M 474,952M 443,691M 474,956M
Operating income 116,303M 93,705M 101,419M 77,676M 117,778M
Income before tax 114,784M 117,248M 67,476M 66,184M 126,865M
Net income 74,988M 84,555M 43,293M 49,505M 88,746M
EBITDA 282,033M 255,979M 271,743M 258,355M 319,334M
Diluted EPS 164.12 187.60 97.86 112.25 201.84
Dividends Per Share 55 60 60 60 65
Total Assets 2,334.31B 2,428.14B 2,539.91B 2,738.34B 3,216.94B
Total liabilities 1,185.87B 1,256.79B 1,380.77B 1,560.07B 1,957.66B
Total equity 1,136.02B 1,159.05B 1,147.74B 1,153.81B 1,227.19B
Operating cash flow 259,738M 141,306M 306,296M 255,574M 145,227M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 16,036.31M 17,695.24M 17,707.25M 16,643.30M 19,090.02M
Gross Profit 4,245.73M 4,076.77M 4,368.34M 4,183.49M 4,226.61M
Operating income 1,049.35M 844.99M 932.79M 732.39M 1,048.10M
Income before tax 1,035.65M 1,057.29M 620.60M 624.03M 1,128.96M
Net income 676.58M 762.48M 398.18M 466.77M 789.74M
EBITDA 2,544.67M 2,308.30M 2,499.34M 2,435.99M 2,841.74M
Diluted EPS 1.48 1.69 0.90 1.05 1.79
Dividends Per Share 0.49 0.54 0.55 0.56 0.57
Total Assets 21,949.37M 21,937.47M 23,527.57M 24,781.43M 26,504.15M
Total liabilities 11,150.70M 11,354.72M 12,790.28M 14,118.31M 16,129.07M
Total equity 10,681.97M 10,471.66M 10,631.71M 10,441.75M 10,110.79M
Operating cash flow 2,343.52M 1,274.23M 2,817.14M 2,409.77M 1,292.36M

Valuation Measures

Mar 2022
PER11.05
ROA2.98%
ROE7.45%
Operating margin5.49%
Profit margin4.13%

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. (3.4%)
  • BlackRock Fund Advisors (3.1%)
  • The Vanguard Group, Inc. (2.5%)
  • Tokyo Gas Employee Stock Ownership Plan (2.0%)
  • Fukoku Mutual Life Insurance Co. (1.6%)
  • Tokyo Gas Co., Ltd. (1.6%)
  • Dai Ichi Life Insurance Pension Fund (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

Contact Details

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Competitors

    Last Updated on 12 Aug, 2022

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