TOKYO GAS Co AI Stock Analysis
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TOKYO GAS Co (9531) AI Stock Analysis
TOKYO GAS Co
(TSE/TYO:9531)
The score is primarily driven by solid (but volatile) financial performance, including a strong earnings rebound and improving operating cash flow, tempered by meaningful leverage and uneven year-to-year stability. Valuation is supportive with a low P/E and moderate yield. Technicals are the main offset, with overbought signals and the price still below the 200-day moving average.
TOKYO GAS Co (9531) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 13.58B
- Dividend Yield
- 1.85%
- Average Volume (3M)
- 1.11M
- Price to Earnings (P/E)
- 11.2
- Beta (1Y)
- 0.40
- Revenue Growth
- 3.63%
- EPS Growth
- 14.06%
- Country
- Japan
- Employees
- 16,001
- Sector
- Utilities
- Sector Strength
- 66
- Industry
- Regulated Gas
TOKYO GAS Co Business Overview & Revenue Model
Company Description
Tokyo Gas Co.,Ltd. engages in the production, supply, and sale of city gas and LNG in Japan. It operates through Energy Solutions, Network, Overseas, and Urban development segments. The company is involved in the production, supply, and sale of elect...
How the Company Makes Money
TOKYO GAS makes money primarily by supplying energy to end users and by earning margins across the energy value chain. Key revenue streams include: (1) City gas sales: the company sells natural-gas-based city gas to households, commercial facilities,...
TOKYO GAS Co Financial Statement Overview
Summary
Financials are solid but uneven: revenue and margins have been volatile, with a sharp net income rebound in 2026 (¥226.9B vs. ¥74.2B in 2025). Balance sheet leverage is moderate for a regulated utility and has improved (debt-to-equity down vs. earlier years), but debt remains sizable and ROE has been uneven. Operating cash flow strengthened into 2026 (¥316B → ¥452B from 2024–2026), while free cash flow has been positive in most years but notably volatile.
Income Statement
73PositiveBalance Sheet
66PositiveCash Flow
70Positive| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.83T | 2.64T | 2.83T | 2.66T | 3.29T | 2.15T |
| Gross Profit | 484.13B | 380.49B | 507.26B | 445.67B | 656.25B | 366.77B |
| EBITDA | 558.01B | 405.65B | 578.57B | 479.57B | 632.59B | 352.64B |
| Net Income | 203.87B | 74.19B | 226.86B | 165.48B | 280.92B | 95.70B |
Balance Sheet | ||||||
| Total Assets | 3.72T | 3.86T | 3.89T | 3.90T | 3.58T | 3.19T |
| Cash, Cash Equivalents and Short-Term Investments | 245.66B | 244.49B | 187.10B | 363.94B | 453.51B | 179.78B |
| Total Debt | 1.21T | 1.34T | 1.21T | 1.44T | 1.26T | 1.22T |
| Total Liabilities | 2.03T | 2.05T | 2.10T | 2.14T | 1.99T | 1.91T |
| Stockholders Equity | 1.61T | 1.73T | 1.72T | 1.69T | 1.56T | 1.25T |
Cash Flow | ||||||
| Free Cash Flow | 0 | 177.20B | 290.93B | 135.61B | 336.38B | -21.97B |
| Operating Cash Flow | 0 | 363.12B | 451.84B | 316.32B | 487.03B | 145.23B |
| Investing Cash Flow | 0 | -263.53B | -206.93B | -362.01B | -203.52B | -224.66B |
| Financing Cash Flow | 0 | -255.98B | -296.34B | -58.34B | -22.40B | 90.49B |
TOKYO GAS Co Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9531, the sentiment is Positive. The current price of 6471.00 is above the 20-day moving average (MA) of 6325.50, above the 50-day MA of 6219.05, and below the 200-day MA of 6522.79, indicating a neutral trend. The MACD of 88.64 indicates Negative momentum. The RSI at 56.50 is Neutral, neither overbought nor oversold. The STOCH value of 34.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9531.
TOKYO GAS Co Peers Comparison
Overall Rating
JP:954378Outperform
JP:953270Outperform- JP:953169Neutral
JP:953368Neutral
JP:817462Neutral
JP:953662Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:9543 | 78Outperform | JPY 100.70B | 10.39 | 7.33% | 3.27% | 2.03% | -22.02% |
| JP:9532 | 70Outperform | JPY 2.21T | 18.01 | 6.91% | 2.16% | 0.88% | -27.81% |
| JP:9531 | 69Neutral | JPY 2.15T | 11.19 | 11.52% | 1.85% | 3.63% | 14.06% |
| JP:9533 | 68Neutral | JPY 455.81B | 25.27 | 3.73% | 1.82% | -2.49% | -30.83% |
| Sector * | 66Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
| JP:8174 | 62Neutral | JPY 285.08B | 20.50 | 22.07% | 7.80% | 7.75% | 9.01% |
| JP:9536 | 62Neutral | JPY 102.17B | 9.78 | 8.87% | 2.48% | -5.67% | 20.75% |
* Utilities Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:9531 | TOKYO GAS Co | 6471.00 | 471.38 | 7.86% | |
| JP:8174 | NIPPON GAS Co | 895.70 | -62.79 | -6.55% | |
| JP:9532 | Osaka Gas Co | 5780.00 | 701.29 | 13.81% | |
| JP:9533 | TOHO GAS Co | 1238.50 | 55.86 | 4.72% | |
| JP:9536 | SAIBU GAS HOLDINGS CO. LTD. | 2828.00 | 963.10 | 51.64% | |
| JP:9543 | SHIZUOKA GAS CO. LTD. | 1362.00 | 222.82 | 19.56% |
TOKYO GAS Co Corporate Events
Tokyo Gas Launches Share-Based Employee Compensation Trust
Tokyo Gas Co., Ltd. has decided to introduce a new share-based compensation system for certain employees, using a Share Delivery Trust funded entirely by the company to acquire its own common shares on the market. The program is designed to link empl...
Tokyo Gas Launches ¥50 Billion Share Buyback to Strengthen Shareholder Returns
Tokyo Gas has approved a new share buyback program of up to 12 million common shares, representing about 3.6% of shares outstanding, with an aggregate purchase value capped at ¥50 billion. The repurchase, to be executed via market purchases on the To...
Tokyo Gas Posts Higher Sales But Lower Profit, Lifts Dividend Payout
Tokyo Gas reported consolidated net sales of ¥1,375.8 billion for the six months ended September 30, 2026, up 2.1% year on year, with operating profit rising 8.4% to ¥103.3 billion and ordinary profit jumping 25.2% to ¥107.9 billion. Profit attributa...
Tokyo Gas Nears ¥50 Billion Ceiling on Share Buyback Program
Tokyo Gas Co., Ltd., a major Japanese city gas utility serving the Tokyo region and listed on the TSE Prime and NSE Premier markets, continues to leverage treasury stock repurchases as part of its capital management strategy aimed at enhancing shareh...
Tokyo Gas Moves Past Halfway Mark in ¥50 Billion Share Buyback
Tokyo Gas Co., Ltd. reported progress on its ongoing share buyback program, acquiring 1,838,300 common shares on the Tokyo Stock Exchange between August 1 and August 31, 2026, for a total of ¥11.1 billion. This forms part of a broader board-approved...
Tokyo Gas to Shift Industrial Service Business to Engineering Subsidiary
Tokyo Gas Co., Ltd. has approved a simplified absorption-type company split under which its wholly owned subsidiary Tokyo Gas Engineering Solutions Corporation will assume part of the service business for industrial customers. The absorption-type dem...
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.
Date of analysis: Nov 07, 2026