Nippon Gas Concludes Share Buyback as Part of Capital Efficiency Drive

NIPPON GAS Co ( (JP:8174) ) has provided an update.

Nippon Gas Co., Ltd. has completed a share repurchase program authorized in October 2025, buying back 281,900 common shares for about ¥858 million between March 1 and March 31, 2026 via market purchases on the Tokyo Stock Exchange. In total under this authorization, NICIGAS repurchased 2,269,300 shares for approximately ¥6.72 billion, below the maximum limits, as part of its strategy to improve ROE and ROIC, optimize its equity ratio toward a 40% target, and return what it deems excess equity to shareholders while maintaining capital discipline and supporting growth investment.

The most recent analyst rating on (JP:8174) stock is a Hold with a Yen3342.00 price target. To see the full list of analyst forecasts on NIPPON GAS Co stock, see the JP:8174 Stock Forecast page.

More about NIPPON GAS Co

Nippon Gas Co., Ltd. (NICIGAS) is a Japanese energy company listed on the Tokyo Stock Exchange Prime Market under code 8174. The company focuses on gas-related services and operates with a capital policy emphasizing return on equity and capital efficiency, targeting an optimal equity ratio while avoiding excess shareholder equity.

Average Trading Volume: 331,014

Technical Sentiment Signal: Buy

Current Market Cap: Yen318.4B

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