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Tokyo Gas Revises Financial Forecasts Following Subsidiary Liquidation

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Tokyo Gas Revises Financial Forecasts Following Subsidiary Liquidation

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

Tokyo Gas Co., Ltd. has revised its financial forecast for the fiscal year ending March 2026, following the liquidation of its subsidiary, Tokyo Gas Australia Pty Ltd. This decision will result in a substantial gain from reversing the foreign currency translation adjustment, leading to an increase in the profit attributable to owners of the parent by 36.6% compared to previous forecasts.

The most recent analyst rating on (JP:9531) stock is a Hold with a Yen4950.00 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. operates in the energy sector, primarily focusing on the supply of natural gas and related services. The company is a significant player in the Japanese market, providing energy solutions and infrastructure for residential, commercial, and industrial clients.

Average Trading Volume: 1,755,339

Technical Sentiment Signal: Buy

Current Market Cap: Yen1735.5B

See more data about 9531 stock on TipRanks’ Stock Analysis page.

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