SHIZUOKA GAS CO. LTD. (9543) AI Stock Analysis

• Market Cap: ¥86.55B
• Dividend Yield: 4.07%
• Average Volume (3M): 113.88K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.27
• Revenue Growth: 1.08%
• EPS Growth: 37.11%
• Country: JP
• Employees: 1,464
• Sector: Utilities
• Sector Strength: 65
• Industry: Regulated Gas
• EPS (TTM): 33.12
• Shares Outstanding: 76,192,955
• 10 Day Avg. Volume: 132,430
• 30 Day Avg. Volume: 113,880
• PEG Ratio: -0.24
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 0.40
• P/FCF Ratio: 22.23
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: ¥1,239.00 ▲(8.88% Upside)

The overall stock score for SHIZUOKA GAS CO. LTD. is driven primarily by its stable financial structure and attractive valuation. However, the stock faces challenges with declining revenue and profitability, as well as short-term bearish technical indicators. The absence of earnings call data and corporate events limits further insights.

SHIZUOKA GAS CO. LTD. Business Overview & Revenue Model

Company Description

SHIZUOKA GAS CO. LTD. (9543) is a leading energy company based in Japan, primarily engaged in the production and distribution of natural gas. The company operates in various sectors including gas supply, energy services, and environmental initiatives. SHIZUOKA GAS provides a range of core products and services, including natural gas supply to residential, commercial, and industrial customers, as well as energy solutions that enhance efficiency and sustainability.

How the Company Makes Money

SHIZUOKA GAS generates revenue primarily through the sale of natural gas to its customer base, which includes households, businesses, and industrial clients. The company's revenue model is built on both fixed and variable pricing structures for natural gas, allowing it to capture income from consistent consumption and market fluctuations. Additionally, SHIZUOKA GAS offers energy-related services, such as energy efficiency consulting and technology solutions, which contribute to its revenue. Significant partnerships with local governments and businesses for energy supply contracts further enhance its earnings. The company also invests in innovative technologies and renewable energy initiatives, which can provide additional revenue streams as the energy market evolves.

SHIZUOKA GAS CO. LTD. Financial Statement Overview

Summary

SHIZUOKA GAS CO. LTD. has a stable financial structure with low leverage and a strong equity base. However, the company faces challenges with declining revenue, net profit margins, and free cash flow growth. While cost management is a strength, improving revenue growth and profitability is crucial for better financial health.

Income Statement

SHIZUOKA GAS CO. LTD. has shown a mixed performance in its income statement. The company experienced a decline in revenue from 214,004 million JPY in 2023 to 202,237 million JPY in 2024, resulting in a negative revenue growth rate of -5.49%. However, the gross profit margin improved slightly from 22.22% in 2023 to 19.64% in 2024, indicating some cost efficiency. The net profit margin also decreased from 6.59% to 4.34%, reflecting a decline in profitability. Overall, while cost management appears to be a strength, the company faces challenges in maintaining revenue growth and profitability.

Balance Sheet

The balance sheet of SHIZUOKA GAS CO. LTD. highlights financial stability with a strong equity base. The debt-to-equity ratio improved from 0.17 in 2023 to 0.14 in 2024, indicating reduced leverage. The return on equity (ROE) decreased from 13.13% to 7.43%, suggesting a decline in profitability relative to equity. The equity ratio improved from 69.45% to 69.41%, demonstrating a stable capital structure. While the company maintains low leverage and a stable equity base, the reduced ROE points to challenges in generating returns on equity.

Cash Flow

SHIZUOKA GAS CO. LTD.'s cash flow statement reveals mixed cash flow performance. The free cash flow decreased significantly from 23,717 million JPY in 2023 to 3,612 million JPY in 2024, indicating a negative free cash flow growth rate. The operating cash flow to net income ratio decreased from 2.68 to 1.25, showing reduced efficiency in converting net income to cash. Despite these challenges, the company maintains positive operating cash flow, which is a positive indicator of operational cash generation abilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	200.47B	202.24B	214.00B	207.32B	132.99B	121.32B
Gross Profit	40.04B	39.73B	47.57B	37.67B	32.66B	34.20B
EBITDA	19.60B	20.03B	29.59B	18.32B	15.04B	15.93B
Net Income	6.99B	8.78B	14.11B	5.97B	4.12B	3.71B
Balance Sheet
Total Assets	171.18B	170.20B	154.71B	159.50B	124.00B	118.18B
Cash, Cash Equivalents and Short-Term Investments	26.59B	36.25B	35.62B	27.78B	13.66B	31.73B
Total Debt	18.34B	16.62B	18.31B	32.17B	6.62B	6.08B
Total Liabilities	39.98B	44.68B	40.29B	59.89B	31.85B	30.51B
Stockholders Equity	123.87B	118.17B	107.44B	92.93B	86.40B	82.18B
Cash Flow
Free Cash Flow	0.00	3.61B	23.72B	-8.30B	-16.12B	11.17B
Operating Cash Flow	0.00	10.98B	37.76B	4.12B	-6.91B	20.30B
Investing Cash Flow	0.00	-8.68B	-14.12B	-14.07B	-9.80B	-8.43B
Financing Cash Flow	0.00	-1.85B	-15.91B	23.55B	-1.41B	-4.49B

SHIZUOKA GAS CO. LTD. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1138.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9543, the sentiment is Positive. The current price of 1138 is above the 20-day moving average (MA) of 1136.00, below the 50-day MA of 1141.78, and above the 200-day MA of 1097.35, indicating a bullish trend. The MACD of 4.02 indicates Negative momentum. The RSI at 68.42 is Neutral, neither overbought nor oversold. The STOCH value of 89.44 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9543.

SHIZUOKA GAS CO. LTD. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9534	81 Outperform	¥62.88B	5.30	―	2.84%	2.77%	10.62%
9533	73 Outperform	$443.15B	15.69	6.03%	1.92%	7.08%	44.03%
9543	70 Outperform	¥86.55B	8.83	8.29%	4.07%	1.08%	37.11%
9537	69 Neutral	¥17.19B	5.71	―	2.23%	6.66%	―
9536	68 Neutral	€69.16B	7.71	9.07%	3.79%	9.39%	77.56%
9539	68 Neutral	¥38.10B	11.69	―	1.83%	0.93%	1212.45%
Sector *	66 Neutral	$17.65B	18.10	5.60%	3.62%	6.62%	11.55%

SHIZUOKA GAS CO. LTD. Corporate Events

Shizuoka Gas Co., Ltd. Announces Treasury Stock Disposal for Employee Incentive Plan

Shizuoka Gas Co., Ltd. has announced a resolution to dispose of treasury stock as part of a restricted stock incentive plan for its Employee Shareholding Association. This initiative aims to promote employee wealth creation and align their interests with shareholders by providing them with the opportunity to acquire company shares. The plan is designed to enhance corporate value and employee motivation, with a potential dilution effect of 0.05% of total shares.

Shizuoka Gas Revises Year-End Dividend Forecast for FY2025

Shizuoka Gas Co., Ltd. has announced a revision to its year-end dividend forecast for the fiscal year ending December 31, 2025. The company has increased the dividend by 1 yen per share, resulting in an expected annual dividend of 42 yen per share. This decision reflects the company’s dividend policy and business forecast, indicating a positive outlook for stakeholders.

SHIZUOKA GAS Revises 2025 Forecast: Profitability Expected to Rise

SHIZUOKA GAS CO., LTD. has revised its full-year consolidated business forecast for 2025, anticipating a decrease in net sales but an increase in operating and ordinary profits due to lower raw material costs influenced by crude oil prices and exchange rates. This revision suggests a positive impact on the company’s profitability, despite some downward pressures, indicating a stronger financial performance than initially expected.

Shizuoka Gas Reports Mixed Results for First Half of 2025

Shizuoka Gas Co., Ltd. reported its consolidated business results for the first half of 2025, showing a slight decline in net sales by 1.7% compared to the previous year. Despite this, the company managed a marginal increase in operating profit by 0.3%. However, ordinary profit saw a significant drop of 25.1%. The company revised its dividend forecast and business outlook, indicating a cautious approach amidst changing market conditions.