TOHO GAS Co (9533) AI Stock Analysis

• Market Cap: ¥453.56B
• Dividend Yield: 1.73%
• Average Volume (3M): 178.90K
• Price to Earnings (P/E): 15.9
• Beta (1Y): 0.39
• Revenue Growth: 7.62%
• EPS Growth: 35.76%
• Country: JP
• Employees: 6,042
• Sector: Utilities
• Sector Strength: 80
• Industry: Regulated Gas
• EPS (TTM): 172.27
• Shares Outstanding: 98,220,085
• 10 Day Avg. Volume: 194,420
• 30 Day Avg. Volume: 178,896
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥4,623.91
• Price Target Upside: -0.13% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 70 Neutral
• Price Target: ¥4,624.00 ▼(-0.13% Downside)

TOHO GAS Co's overall stock score is underpinned by strong financial performance, highlighted by robust cash flow and a solid equity base. Despite some pressure on net profit margins, the company maintains a stable financial position. Technical indicators suggest a positive momentum, while valuation metrics indicate a reasonable market price. The stock presents a balanced opportunity for investors seeking stable growth.

TOHO GAS Co Business Overview & Revenue Model

Company Description

TOHO GAS Co., Ltd. is a leading Japanese company in the energy sector, primarily engaged in the supply of city gas, liquefied petroleum gas (LPG), and electricity. Founded in 1922 and headquartered in Nagoya, Japan, TOHO GAS serves residential, commercial, and industrial customers. The company is also involved in gas appliance manufacturing, gas facility construction, and renewable energy initiatives, aiming to provide sustainable and reliable energy solutions.

How the Company Makes Money

TOHO GAS Co., Ltd. generates revenue through the sale of city gas and LPG to a diverse customer base, including households, businesses, and industries. The company earns income by charging for gas usage based on consumption, leveraging its extensive distribution network to ensure widespread service delivery. Additionally, TOHO GAS has expanded into electricity supply, further diversifying its revenue streams. The company also benefits from its involvement in the sale and installation of gas appliances, as well as construction services related to gas facilities. Strategic partnerships and investments in renewable energy projects contribute to the company's earnings, supporting its commitment to sustainability and energy efficiency.

TOHO GAS Co Financial Statement Overview

Summary

TOHO GAS Co presents a stable financial position with consistent revenue growth and strong equity ratios. The company shows robust cash flow generation, which supports its operational needs and strategic investments. While profitability metrics show some pressure on net income, the overall financial health remains solid, supported by efficient cost management and a strong equity position.

Income Statement

TOHO GAS Co has demonstrated a steady revenue growth trend with a notable increase in Total Revenue from ¥632.99 billion to ¥656.01 billion, representing a growth rate of 3.64%. Gross Profit Margin is strong at 26.29%, reflecting efficient cost management. However, the Net Profit Margin decreased to 3.88%, indicating pressure on net earnings. EBIT Margin at 4.65% and EBITDA Margin at 11.69% show moderate operational efficiency, though there's room for improvement in profitability.

Balance Sheet

The company's Debt-to-Equity Ratio stands at 0.35, indicating a balanced leverage position. Return on Equity (ROE) is 5.68%, which is modest but stable. The Equity Ratio is strong at 59.10%, suggesting a solid equity base. However, the high total debt level of ¥155.49 billion presents a potential risk if not managed carefully.

Cash Flow

TOHO GAS Co exhibits a robust cash flow position with a significant increase in Free Cash Flow from ¥9.84 billion to ¥38.85 billion, translating to a remarkable growth rate of 294.96%. The Operating Cash Flow to Net Income Ratio is strong at 3.26, highlighting efficient cash conversion from operations. Free Cash Flow to Net Income Ratio is at 1.53, indicating effective use of free cash flow to support net income.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	656.01B	632.99B	706.07B	515.31B	434.78B
Gross Profit	172.46B	171.54B	180.19B	153.70B	149.26B
EBITDA	76.67B	79.52B	85.40B	58.58B	51.92B
Net Income	25.45B	27.30B	33.72B	15.46B	8.59B
Balance Sheet
Total Assets	758.76B	734.52B	693.51B	655.59B	601.83B
Cash, Cash Equivalents and Short-Term Investments	46.75B	29.77B	34.01B	32.30B	50.73B
Total Debt	155.49B	129.87B	118.14B	101.65B	123.82B
Total Liabilities	310.37B	277.67B	291.01B	272.84B	242.34B
Stockholders Equity	448.39B	456.85B	402.50B	382.75B	359.49B
Cash Flow
Free Cash Flow	38.85B	9.84B	16.68B	-3.60B	30.09B
Operating Cash Flow	83.10B	47.38B	56.41B	35.44B	64.40B
Investing Cash Flow	-45.16B	-42.08B	-52.44B	-54.88B	-40.97B
Financing Cash Flow	-18.77B	-14.24B	-2.94B	635.00M	-6.76B

TOHO GAS Co Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4630.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9533, the sentiment is Positive. The current price of 4630 is above the 20-day moving average (MA) of 4364.85, above the 50-day MA of 4206.36, and above the 200-day MA of 4036.53, indicating a bullish trend. The MACD of 121.66 indicates Negative momentum. The RSI at 73.97 is Negative, neither overbought nor oversold. The STOCH value of 86.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9533.

TOHO GAS Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8174	78 Outperform	¥316.50B	25.05	20.08%	3.19%	4.94%	38.06%
9536	74 Outperform	€73.05B	9.12	8.21%	3.67%	4.02%	47.09%
9543	72 Outperform	¥87.37B	12.71	6.08%	4.03%	3.78%	-20.91%
9532	70 Outperform	$1.71T	11.29	9.47%	2.21%	1.36%	52.75%
9531	70 Outperform	$2.11T	13.31	9.66%	1.40%	3.67%	53.88%
9533	70 Neutral	¥453.56B	15.89	6.41%	1.73%	7.62%	35.76%
Sector *	66 Neutral	¥392.83B	13.73	9.30%	2.58%	3.87%	9.47%

TOHO GAS Co Corporate Events

Toho Gas Executes Strategic Share Buy-back

Toho Gas Co., Ltd. announced the repurchase of 689,100 shares of its common stock, valued at approximately ¥2.88 billion, as part of a broader buy-back strategy authorized by its board. This move is part of a larger plan to repurchase up to 5 million shares, representing 5.1% of its outstanding shares, with a total budget of ¥15 billion, indicating a strategic effort to enhance shareholder value.

Toho Gas Reports Strong Q1 FY2025 Results and Increased Dividend Forecast

Toho Gas Co., Ltd. reported a significant increase in its financial performance for the first quarter of FY2025, with net sales rising by 10.5% and net income attributable to owners increasing by 21.6% compared to the previous year. The company also announced a forecasted increase in dividends for FY2025, indicating a positive outlook for stakeholders.

Toho Gas Announces Disposal of Treasury Stock for Executive Compensation

Toho Gas Co., Ltd. has announced the disposal of 23,740 treasury shares as restricted stock compensation to align the interests of its directors and executive officers with those of shareholders. This move is part of a broader compensation plan aimed at enhancing corporate value over the mid- to long-term by motivating key personnel. The plan includes a transfer restriction period, ensuring that shares remain with the company unless specific conditions are met, thereby reinforcing the commitment of its leadership to the company’s growth objectives.

Toho Gas Executes Share Buy-back to Enhance Shareholder Value

Toho Gas Co., Ltd. announced the repurchase of 584,200 shares of its common stock, valued at approximately ¥2.37 billion, conducted through market purchases on the Tokyo Stock Exchange during June 2025. This buy-back is part of a broader strategy approved by the Board of Directors to repurchase up to 5 million shares, aiming to enhance shareholder value and optimize capital structure.

Toho Gas Announces Share Buy-back Strategy

Toho Gas Co., Ltd. announced the repurchase of 573,600 shares of its common stock, valued at approximately ¥2.37 billion, between May 1 and May 31, 2025, as part of a broader buy-back strategy authorized by its Board of Directors. This move is part of a larger plan to repurchase up to 5 million shares, potentially impacting the company’s market positioning and shareholder value.

Toho Gas Maintains Dividend Payout, Plans Future Increases

Toho Gas Co., Ltd. announced a resolution to allocate surplus funds as dividends, maintaining a dividend of 40 yen per share for the fiscal year ending March 2025, consistent with the previous year. The company plans to progressively increase dividends in alignment with profit growth during its new Medium-Term Management Plan from FY2025 to FY2027, signaling a stable financial outlook and commitment to shareholder returns.

Toho Gas Initiates Share Buy-back to Enhance Shareholder Value

Toho Gas Co., Ltd. has announced a share buy-back, repurchasing 617,400 shares valued at approximately ¥2.51 billion between April 1 and April 30, 2025. This move is part of a broader strategy approved by the Board of Directors to repurchase up to 5 million shares, representing 5.1% of outstanding shares, with a total value of up to ¥15 billion by September 30, 2025. The share buy-back is expected to enhance shareholder value and optimize the company’s capital structure.