Regulated Utility BusinessHokuriku Gas’s core regulated city-gas model and local pipeline network create durable, predictable cash flows. Regulated tariffs and fuel-cost adjustment mechanisms reduce exposure to commodity swings and support stable recovery of procurement costs, underpinning multi-month revenue visibility.

Strong Balance SheetLow leverage and a high equity ratio materially reduce financial risk for a capital-intensive utility. This balance-sheet strength supports ongoing maintenance and network investments, preserves borrowing capacity for infrastructure work, and increases resilience to regulatory or demand shocks over months.

Improving Cash GenerationNotable improvements in free cash flow and a healthy operating-CFO to net income profile indicate stronger cash conversion. Sustained cash generation enables steady capex funding, supports dividend capacity and working capital needs, and improves the company’s ability to execute medium-term infrastructure plans.

Bears Say

Weak Operational MarginsDespite recovering net profit, persistent weakness in EBIT margin points to operational inefficiencies or elevated operating costs. Low operating profitability limits internal funding for upgrades and reduces margin buffers versus procurement or regulatory cost pressures, constraining durable earnings quality.

Free Cash Flow VariabilityVariable free cash flow relative to earnings reduces predictability for capex and payouts. Fluctuations can force more conservative capital allocation or reliance on external financing in certain periods, complicating medium-term planning and weakening the reliability of cash returns to shareholders.

Regional Concentration & Regulatory ExposureA business concentrated in the Hokuriku region faces localized demand cycles and policy risk. Heavy dependence on regulated tariffs constrains pricing flexibility and upside, so regional economic downturns or regulatory changes could materially affect revenue and margins over the coming months.

9537 FAQ

What was Hokuriku Gas Co., Ltd.’s price range in the past 12 months?

Hokuriku Gas Co., Ltd. lowest stock price was ¥3265.00 and its highest was ¥4775.00 in the past 12 months.

What is Hokuriku Gas Co., Ltd.’s market cap?

Hokuriku Gas Co., Ltd.’s market cap is ¥21.72B.

When is Hokuriku Gas Co., Ltd.’s upcoming earnings report date?

Hokuriku Gas Co., Ltd.’s upcoming earnings report date is May 14, 2026 which is in 69 days.

How were Hokuriku Gas Co., Ltd.’s earnings last quarter?

Hokuriku Gas Co., Ltd. released its earnings results on Feb 09, 2026. The company reported -¥54.87 earnings per share for the quarter, missing the consensus estimate of N/A by -¥54.87.

Is Hokuriku Gas Co., Ltd. overvalued?

According to Wall Street analysts Hokuriku Gas Co., Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Hokuriku Gas Co., Ltd. pay dividends?

Hokuriku Gas Co., Ltd. pays a Annually dividend of ¥80 which represents an annual dividend yield of 2.18%. See more information on Hokuriku Gas Co., Ltd. dividends here

What is Hokuriku Gas Co., Ltd.’s EPS estimate?

Hokuriku Gas Co., Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Hokuriku Gas Co., Ltd. have?

Hokuriku Gas Co., Ltd. has 4,800,000 shares outstanding.

What happened to Hokuriku Gas Co., Ltd.’s price movement after its last earnings report?

Hokuriku Gas Co., Ltd. reported an EPS of -¥54.87 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 0.389%.

Which hedge fund is a major shareholder of Hokuriku Gas Co., Ltd.?

Currently, no hedge funds are holding shares in JP:9537

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Hokuriku Gas Co., Ltd.

Hokuriku Gas Co.,Ltd. operates gas business in Japan. The company produces, sells, and supplies gas to customers in Niigata, Nagaoka, Sanjo, Kashiwazaki, and Kamo cities, as well as in Tagami town and Kariwa village. It also undertakes gas construction contracts; and sells gas appliances. The company was incorporated in 1913 and is headquartered in Niigata, Japan.