SHIZUOKA GAS CO. LTD. (JP:9543)
:9543
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SHIZUOKA GAS CO. LTD.
(9543)
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Rating:75Outperform
Price Target:
¥1,749.00
▲(45.75% Upside)
Action:ReiteratedDate:02/18/26
The score is driven primarily by solid financial performance (strong balance sheet and improved 2025 operating results) and supportive valuation (low P/E and ~3.1% yield). Technicals are constructive but tempered by overbought signals (high RSI/Stoch), which adds near-term risk.
Positive Factors
Regulated utility business model
As a regulated city-gas supplier serving households, commercial and industrial customers in Shizuoka Prefecture, the company benefits from predictable demand patterns, regulated tariff frameworks and long-term customer contracts. This structural stability supports steady core revenue streams and long-dated asset utilization.
Negative Factors
Thin free cash flow
Low free cash flow and weak profit-to-FCF conversion limit the firm's ability to sustainably fund dividends, discretionary investments or build reserves without raising external capital. Over several months this constrains strategic flexibility and heightens sensitivity to capex timing and working-capital swings.
Read all positive and negative factors
Positive Factors
Negative Factors
Regulated utility business model
As a regulated city-gas supplier serving households, commercial and industrial customers in Shizuoka Prefecture, the company benefits from predictable demand patterns, regulated tariff frameworks and long-term customer contracts. This structural stability supports steady core revenue streams and long-dated asset utilization.
Read all positive factors
SHIZUOKA GAS CO. LTD. (9543) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥113.15B
Dividend Yield3.89%
Average Volume (3M)132.08K
Price to Earnings (P/E)9.0
Beta (1Y)0.34
Revenue Growth1.08%
EPS Growth37.11%
CountryJP
Employees1,464
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)10.86
Shares Outstanding76,192,955
10 Day Avg. Volume168,920
30 Day Avg. Volume132,083
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)0.69
Price to Sales (P/S)0.45
P/FCF Ratio19.23
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)N/A
Revenue Forecast (FY)N/A
SHIZUOKA GAS CO. LTD. Business Overview & Revenue Model
Company Description
Shizuoka Gas Co., Ltd. produces, supplies, and sells city gas in Japan. It also sells gas appliances; and undertakes contracts for gas related construction works. The company was incorporated in 1910 and is headquartered in Shizuoka, Japan....
How the Company Makes Money
The company primarily makes money by selling city gas to end users (households, commercial facilities, and industrial customers) through its distribution network, generating revenue based on gas volumes delivered and applicable tariffs/contract te...
SHIZUOKA GAS CO. LTD. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
83
Very Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 200.47B | 201.21B | 202.24B | 214.00B | 207.32B | 132.99B |
| Gross Profit | 40.04B | 45.15B | 32.15B | 40.27B | 30.65B | 25.93B |
| EBITDA | 19.65B | 23.55B | 20.03B | 27.71B | 17.37B | 13.45B |
| Net Income | 6.99B | 10.05B | 8.78B | 14.11B | 5.98B | 4.12B |
Balance Sheet | ||||||
| Total Assets | 171.18B | 195.87B | 170.20B | 154.71B | 159.50B | 124.00B |
| Cash, Cash Equivalents and Short-Term Investments | 26.59B | 33.16B | 36.25B | 35.62B | 27.78B | 13.66B |
| Total Debt | 18.34B | 17.98B | 18.89B | 18.31B | 32.17B | 6.62B |
| Total Liabilities | 39.98B | 57.17B | 44.68B | 40.28B | 59.89B | 31.84B |
| Stockholders Equity | 123.87B | 131.32B | 118.17B | 107.44B | 92.93B | 86.40B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 4.70B | 3.61B | 23.72B | -8.30B | -16.12B |
| Operating Cash Flow | 0.00 | 34.56B | 10.98B | 37.76B | 4.12B | -6.91B |
| Investing Cash Flow | 0.00 | -32.98B | -8.62B | -14.03B | -14.07B | -9.80B |
| Financing Cash Flow | 0.00 | -5.46B | -1.92B | -16.00B | 23.55B | -1.41B |
SHIZUOKA GAS CO. LTD. Technical Analysis
Positive
1200.00
Price Trends
1429.64
Positive
1304.15
Positive
1205.75
Positive
Market Momentum
19.41
Positive
52.97
Neutral
59.88
Neutral
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 1200 is below the 20-day moving average (MA) of 1512.40, below the 50-day MA of 1429.64, and below the 200-day MA of 1205.75, indicating a neutral trend. The MACD of 19.41 indicates Positive momentum. The RSI at 52.97 is Neutral, neither overbought nor oversold. The STOCH value of 59.88 is Neutral, 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
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ¥97.05B | 8.94 | 9.07% | 3.61% | 9.39% | 77.24% | |
75 Outperform | ¥113.15B | 8.99 | 7.99% | 3.89% | 1.08% | 37.11% | |
73 Outperform | ¥482.18B | 28.19 | 6.03% | 1.81% | 7.08% | 43.50% | |
72 Outperform | ¥2.70T | 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 | ¥316.33B | 19.17 | 20.44% | 3.28% | 4.45% | 53.88% | |
63 Neutral | ¥2.58T | 11.58 | 10.44% | 1.98% | 1.99% | 95.71% |
* Utilities Sector Average
JP:9543
SHIZUOKA GAS CO. LTD.
1,527.00
447.45
41.45%
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SHIZUOKA GAS CO. LTD. Corporate Events
Shizuoka Gas Invests USD 100 Million in MidOcean Energy to Expand Global LNG Portfolio
Mar 26, 2026
Shizuoka Gas Co., Ltd. has agreed to invest USD 100 million in MidOcean Energy, an LNG-focused company established and managed by institutional investor EIG, and to form a strategic partnership aimed at broadening its exposure to global LNG assets...
Shizuoka Gas to Grant Restricted Treasury Shares as Executive Compensation
Mar 26, 2026
Shizuoka Gas Co., Ltd. has approved the disposal of 53,190 shares of its treasury stock as restricted stock compensation for three internal directors and nine operating officers, valued at about ¥80.5 million at a disposal price of ¥1,51...
Shizuoka Gas Lifts Profit and Dividend Despite Flat Sales, Warns of 2026 Earnings Drop
Feb 10, 2026
Shizuoka Gas reported consolidated net sales of ¥201.2 billion for the year ended December 31, 2025, down slightly year on year, but saw operating profit jump 36.6% to ¥14.1 billion and profit attributable to owners of parent rise 14.5% ...
Shizuoka Gas Lifts Profit and Dividend Despite Flat Sales, Warns of 2026 Slowdown
Feb 10, 2026
Shizuoka Gas reported consolidated net sales of ¥201.2 billion for the year ended December 31, 2025, down slightly year on year, while operating profit jumped 36.6% to ¥14.1 billion and profit attributable to owners of parent rose 14.5% ...
Shizuoka Gas Lifts Year-End Dividend Forecast, Sets Annual Payout at ¥43
Feb 10, 2026
Shizuoka Gas Co., Ltd. has announced that its board will propose a year-end dividend of ¥22.50 per share for the fiscal year ended December 31, 2025, with a record date of December 31, 2025, and an effective payment date of March 27, 2026. Th...
Shizuoka Gas Announces FY2025 Results and New Medium-Term Plan
Feb 10, 2026
Shizuoka Gas Co., Ltd., a listed Japanese gas utility, has released its financial results for the fiscal year 2025 covering the period from January to December. The disclosure outlines the company’s recent performance and provides investors ...
Shizuoka Gas to Broaden Long-Term Care Business Scope in Articles of Incorporation
Feb 10, 2026
Shizuoka Gas Co., Ltd. plans to amend its Articles of Incorporation, with a proposal to be submitted to its 178th Annual General Meeting of Shareholders on March 26, 2026. The change focuses on revising the description of its business purposes to ...
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.