TOHO GAS Co Ltd (JP:9533)
:9533
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TOHO GAS Co
(9533)
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Rating:73Outperform
Price Target:
¥5,744.00
▲(19.59% Upside)
Action:UpgradedDate:10/30/25
TOHO GAS Co's overall stock score is driven by strong technical indicators and a stable financial performance. The stock's upward momentum and robust cash flow position are significant strengths. However, the valuation is only moderate, reflecting a fair price relative to earnings and a modest dividend yield. The absence of earnings call insights and corporate events means these factors do not influence the score.
Positive Factors
Robust cash generation
A large, sustained increase in free cash flow and a strong operating-cash-to-net-income ratio indicate durable internal funding for capex, maintenance and dividends. This reduces reliance on external financing, supports network investments and absorbs cyclical revenue swings over months.
Negative Factors
Compressed profitability margins
Relatively low and declining net margins reduce earnings resilience and limit internal funding capacity for growth. Narrow operating cushions make the business more vulnerable to cost shocks or volume declines, constraining strategic flexibility over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Robust cash generation
A large, sustained increase in free cash flow and a strong operating-cash-to-net-income ratio indicate durable internal funding for capex, maintenance and dividends. This reduces reliance on external financing, supports network investments and absorbs cyclical revenue swings over months.
Read all positive factors
TOHO GAS Co (9533) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥459.75B
Dividend Yield1.81%
Average Volume (3M)201.02K
Price to Earnings (P/E)28.2
Beta (1Y)0.44
Revenue Growth7.08%
EPS Growth43.50%
CountryJP
Employees6,042
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)42.33
Shares Outstanding98,220,085
10 Day Avg. Volume184,110
30 Day Avg. Volume201,023
Financial Highlights & Ratios
PEG Ratio-5.38
Price to Book (P/B)0.93
Price to Sales (P/S)0.64
P/FCF Ratio10.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)305.55
Revenue Forecast (FY)¥615.25B
TOHO GAS Co Business Overview & Revenue Model
Company Description
TOHO GAS Co., Ltd. is a leading energy company based in Japan, primarily engaged in the supply of natural gas and electricity. The company operates within the utilities sector, focusing on the production, distribution, and sale of gas, as well as ...
How the Company Makes Money
TOHO GAS primarily makes money by selling city gas to end customers (residential, commercial, and industrial users). Revenue is generated through volumetric gas charges and tariff structures that typically include a fixed/basic component and a usa...
TOHO GAS Co Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
70
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 671.38B | 656.01B | 632.99B | 706.07B | 515.31B | 434.78B |
| Gross Profit | 178.99B | 172.84B | 171.54B | 180.19B | 153.70B | 149.26B |
| EBITDA | 81.53B | 77.06B | 79.46B | 84.63B | 58.56B | 51.54B |
| Net Income | 28.41B | 25.45B | 27.30B | 33.72B | 15.46B | 8.59B |
Balance Sheet | ||||||
| Total Assets | 739.90B | 758.76B | 734.52B | 693.52B | 655.59B | 601.84B |
| Cash, Cash Equivalents and Short-Term Investments | 31.94B | 46.75B | 29.77B | 34.01B | 32.30B | 50.73B |
| Total Debt | 154.52B | 161.46B | 140.81B | 146.77B | 140.52B | 129.61B |
| Total Liabilities | 291.18B | 310.37B | 277.67B | 291.01B | 272.84B | 242.34B |
| Stockholders Equity | 448.71B | 448.39B | 456.85B | 402.50B | 382.75B | 359.49B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 38.85B | 9.84B | 16.68B | -3.60B | 30.09B |
| Operating Cash Flow | 0.00 | 83.10B | 47.38B | 56.41B | 35.44B | 64.40B |
| Investing Cash Flow | 0.00 | -45.16B | -42.08B | -52.44B | -54.88B | -40.97B |
| Financing Cash Flow | 0.00 | -18.77B | -14.24B | -2.94B | 635.00M | -6.76B |
TOHO GAS Co Technical Analysis
Negative
4803.00
Price Trends
5296.08
Negative
5004.08
Negative
4643.63
Positive
Market Momentum
-85.40
Positive
37.07
Neutral
15.53
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9533, the sentiment is Negative. The current price of 4803 is below the 20-day moving average (MA) of 5327.45, below the 50-day MA of 5296.08, and above the 200-day MA of 4643.63, indicating a neutral trend. The MACD of -85.40 indicates Positive momentum. The RSI at 37.07 is Neutral, neither overbought nor oversold. The STOCH value of 15.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:9533.
TOHO GAS Co Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ¥107.15B | 8.99 | 7.99% | 3.89% | 1.08% | 37.11% | |
74 Outperform | ¥76.61B | 19.04 | ― | 2.88% | 2.77% | 10.64% | |
73 Outperform | ¥459.75B | 28.19 | 6.03% | 1.81% | 7.08% | 43.50% | |
72 Outperform | ¥2.62T | 14.41 | 11.05% | 1.53% | 5.72% | 148.08% | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
64 Neutral | ¥323.55B | 19.17 | 20.44% | 3.28% | 4.45% | 53.88% | |
63 Neutral | ¥2.44T | 11.58 | 10.44% | 1.98% | 1.99% | 95.71% |
* Utilities Sector Average
JP:9533
TOHO GAS Co
4,681.00
605.56
14.86%
JP:8174
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34.83%
JP:9532
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81.06%
JP:9531
TOKYO GAS Co
7,080.00
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SHIZUOKA GAS CO. LTD.
1,446.00
337.53
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JP:9534
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865.00
343.63
65.91%
TOHO GAS Co Corporate Events
Toho Gas Completes ¥15 Billion Share Buy-Back Program
Mar 24, 2026
Toho Gas Co., Ltd. has completed a share buy-back program authorized under its Articles of Incorporation, repurchasing common stock on the Tokyo Stock Exchange between March 1 and March 24, 2026. The latest tranche amounted to 574,600 shares for a...
Toho Gas Advances Share Buy-Back, Repurchasing Over 2.5 Million Shares
Mar 4, 2026
Toho Gas Co., Ltd. has continued its ongoing share buy-back program, repurchasing 306,100 shares of common stock on the Tokyo Stock Exchange between February 1 and February 28, 2026, for a total consideration of ¥1,655,544,500. This latest tr...
Toho Gas to Cancel 6.8% of Shares, Adjusts Forthcoming Stock Split
Feb 26, 2026
Toho Gas will cancel 6,653,300 shares of its common stock, representing 6.77% of issued shares, following a Board resolution under the Companies Act, with the cancellation scheduled for March 31, 2026. After this move, the total number of issued s...
Toho Gas Advances Share Buyback Under Capital Return Plan
Feb 4, 2026
Toho Gas disclosed that it repurchased 515,500 shares for ¥2.62 billion via open-market purchases on the Tokyo Stock Exchange between January 1 and January 31, 2026, as part of a previously authorized buyback program targeti...
Toho Gas Announces Four-for-One Stock Split and Revamps Shareholder Benefits
Jan 30, 2026
Toho Gas will implement a four-for-one stock split of its common shares effective April 1, 2026, aiming to lower its share investment unit, broaden its investor base, and improve liquidity. In conjunction with the split, the company will amend its...
Toho Gas Lifts Profit and Dividends on Steady Nine-Month Results
Jan 30, 2026
Toho Gas reported consolidated net sales of ¥465.4 billion for the nine months ended December 31, 2025, up 1.0% year on year, with operating income climbing 18.4% to ¥25.8 billion and net income attributable to owners of the parent risin...
Toho Gas Advances Board-Approved Share Buy-back Program
Jan 7, 2026
Toho Gas Co., Ltd. has repurchased 495,400 shares of its common stock on the Tokyo Stock Exchange between December 1 and December 31, 2025, at a total cost of approximately ¥2.34 billion, as part of its ongoing share buy-back program authoriz...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.