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Hokkaido Gas Co., Ltd. (9534) AI Stock Analysis
Hokkaido Gas Co., Ltd.
(TSE/TYO:9534)
The overall score of 65 reflects a company with strong financial recovery and attractive valuation, offset by weak near-term price momentum and declining free cash flow. The most significant positive factors are the low P/E ratio and robust revenue growth, while the primary risks are the stock's position below key moving averages and the need to monitor capital spending efficiency.
Hokkaido Gas Co., Ltd. (9534) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 76.90B
- Dividend Yield
- 3.00%
- Average Volume (3M)
- 245.63K
- Price to Earnings (P/E)
- 8.4
- Beta (1Y)
- 0.55
- Revenue Growth
- 0.69%
- EPS Growth
- -22.03%
- Country
- Japan
- Employees
- 1,641
- Sector
- Utilities
- Sector Strength
- 66
- Industry
- Regulated Gas
Hokkaido Gas Co., Ltd. Business Overview & Revenue Model
Company Description
Hokkaido Gas Co., Ltd. operates as an energy provider in Japan, primarily focusing on the supply of gas, heating, and electricity. Beyond these core offerings, the company also refines and markets gas by-products, manufactures and distributes gas-pow...
How the Company Makes Money
Hokkaido Gas primarily makes money by selling city gas to end users under regulated and/or retail energy arrangements. Its core revenue stream is gas sales volume multiplied by customer tariffs/unit prices, with earnings influenced by customer mix (h...
Hokkaido Gas Co., Ltd. Financial Statement Overview
Summary
Financial performance is solid, driven by strong revenue growth and significant balance sheet deleveraging. However, the score is tempered by thin net margins and a sharp contraction in free cash flow, which introduces uncertainty about future capital allocation returns.
Income Statement
68PositiveBalance Sheet
72PositiveCash Flow
55Neutral| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 174.84B | 174.52B | 170.29B | 173.88B | 174.84B | 126.96B |
| Gross Profit | 53.86B | 55.01B | 50.37B | 49.09B | 44.94B | 37.00B |
| EBITDA | 29.40B | 32.38B | 29.81B | 30.28B | 27.77B | 21.25B |
| Net Income | 9.22B | 11.53B | 10.40B | 11.63B | 9.96B | 5.24B |
Balance Sheet | ||||||
| Total Assets | 184.23B | 198.20B | 197.84B | 188.36B | 185.37B | 161.88B |
| Cash, Cash Equivalents and Short-Term Investments | 2.09B | 9.80B | 11.32B | 9.47B | 2.72B | 9.57B |
| Total Debt | 51.29B | 52.61B | 51.66B | 62.73B | 68.09B | 58.81B |
| Total Liabilities | 83.37B | 98.49B | 109.35B | 109.35B | 117.37B | 102.68B |
| Stockholders Equity | 98.55B | 97.42B | 86.35B | 76.89B | 65.89B | 57.12B |
Cash Flow | ||||||
| Free Cash Flow | 8.31B | 12.62B | 14.73B | 15.86B | -14.60B | 8.22B |
| Operating Cash Flow | 23.27B | 27.03B | 29.83B | 31.68B | 6.70B | 19.71B |
| Investing Cash Flow | -18.37B | -16.53B | -20.06B | -16.75B | -22.56B | -11.11B |
| Financing Cash Flow | -12.19B | -12.03B | -7.92B | -8.17B | 9.03B | -5.18B |
Hokkaido Gas Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9534, the sentiment is Positive. The current price of 870.00 is above the 20-day moving average (MA) of 861.15, above the 50-day MA of 869.66, and above the 200-day MA of 820.78, indicating a bullish trend. The MACD of 5.08 indicates Negative momentum. The RSI at 53.06 is Neutral, neither overbought nor oversold. The STOCH value of 50.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9534.
Hokkaido Gas Co., Ltd. Peers Comparison
Overall Rating
JP:953785Outperform
JP:954375Outperform
JP:953373Outperform- JP:953465Neutral
JP:953662Neutral
JP:953962Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:9537 | 85Outperform | JPY 20.16B | 6.07 | ― | 1.90% | 1.67% | 34.46% |
| JP:9543 | 75Outperform | JPY 101.52B | 10.48 | 7.33% | 3.25% | 0.10% | 40.92% |
| JP:9533 | 73Outperform | JPY 466.98B | 25.76 | 3.73% | 1.76% | -2.49% | -30.83% |
| Sector * | 66Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% |
| JP:9534 | 65Neutral | JPY 78.11B | 8.44 | ― | 3.00% | 0.69% | -22.03% |
| JP:9536 | 62Neutral | JPY 100.51B | 9.56 | 8.87% | 2.51% | -5.67% | 20.75% |
| JP:9539 | 62Neutral | JPY 41.10B | 9.91 | ― | 2.06% | -0.15% | 21.66% |
* Utilities Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:9534 | Hokkaido Gas Co., Ltd. | 882.00 | 223.83 | 34.01% | |
| JP:9533 | TOHO GAS Co | 1275.00 | 146.12 | 12.94% | |
| JP:9536 | SAIBU GAS HOLDINGS CO. LTD. | 2794.00 | 995.29 | 55.33% | |
| JP:9543 | SHIZUOKA GAS CO. LTD. | 1370.00 | 282.90 | 26.02% | |
| JP:9537 | Hokuriku Gas Co., Ltd. | 4205.00 | 672.32 | 19.03% | |
| JP:9539 | Keiyo Gas Co., Ltd. | 1261.00 | 113.24 | 9.87% |
Hokkaido Gas Co., Ltd. Corporate Events
Hokkaido Gas Profits Slump Despite Steady Sales and Higher Dividend
Hokkaido Gas reported consolidated net sales of ¥71.69 billion for the six months to September 30, 2026, a marginal 0.5% increase year on year, while operating profit nearly halved to ¥3.45 billion and profit attributable to owners of paren...
Hokkaido Gas Nears Completion of ¥1 Billion Share Buyback Program
Hokkaido Gas Co., Ltd. has completed a tranche of its treasury share acquisition program, buying 619,300 common shares for a total of ¥572,261,800 between September 1 and 11 via market purchases on the Tokyo Stock Exchange. This buyback forms pa...
Hokkaido Gas Reports Progress on Share Buyback Program
Hokkaido Gas Co., Ltd. has disclosed progress on its board-approved share buyback program, reporting the acquisition of 536,100 common shares for a total of ¥427.7 million between August 1 and August 31, 2026, through market purchases on the Tok...
Hokkaido Gas Profit Slides Despite Stronger Balance Sheet and Higher Dividend Plan
Hokkaido Gas reported consolidated net sales of ¥38.0 billion for the three months ended June 30, 2026, nearly flat year on year, but saw operating profit drop 41% to ¥3.4 billion and profit attributable to owners of parent fall 41.5% to &#...
Hokkaido Gas Launches Share Buyback to Support Compensation and Strategy
Hokkaido Gas Co., Ltd. has approved a program to acquire up to 1.3 million of its common shares, equivalent to about 1.47% of its outstanding shares excluding treasury stock, at a total cost of up to 1 billion yen through market purchases on the Toky...
Hokkaido Gas Profits Slide Despite Steady Sales, Dividend Raised
Hokkaido Gas reported consolidated net sales of ¥38.0 billion for the three months ended June 30, 2026, almost flat year on year, but operating profit fell 41% to ¥3.4 billion and profit attributable to owners of parent dropped 41.5% to ...
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: Oct 30, 2026