Tokyo Gas Profit Triples and Dividend Rises Despite Lower Earnings Outlook

TOKYO GAS Co ( (JP:9531) ) has issued an announcement.

Tokyo Gas reported consolidated net sales of ¥2.83 trillion for the year ended March 31, 2026, up 7.5% year on year, with operating profit surging 48.5% to ¥197.7 billion and profit attributable to owners of the parent jumping 205.8% to ¥226.9 billion. Earnings per share rose to ¥654.76, while the equity ratio dipped slightly to 44.1% and year-end cash and cash equivalents fell to ¥187.0 billion amid strong operating cash flow and sizable investing and financing outflows.

The company raised its annual dividend to ¥110 per share for FY2026 from ¥80 a year earlier and forecasts a further increase to ¥120 in FY2027, even as it guides to a 39.6% decline in profit attributable to owners of the parent and modest 4.0% sales growth next fiscal year. Tokyo Gas also continued to reshape its portfolio, reducing total issued shares and adjusting its consolidation scope by excluding two overseas-related entities and increasing the number of consolidated subsidiaries and equity-method affiliates, signaling ongoing capital and business structure optimization.

The most recent analyst rating on (JP:9531) stock is a Hold with a Yen5440.00 price target. To see the full list of analyst forecasts on TOKYO GAS Co stock, see the JP:9531 Stock Forecast page.

More about TOKYO GAS Co

Tokyo Gas Co., Ltd. is a major Japanese energy utility listed on the Tokyo and Nagoya stock exchanges, primarily supplying city gas and related energy services. The company also engages in electricity, overseas energy projects and trading, positioning itself as a comprehensive energy provider serving households, businesses and industrial users in Japan and abroad.

Average Trading Volume: 1,250,656

Technical Sentiment Signal: Buy

Current Market Cap: Yen2152.5B

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