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Tokyo Gas Co., Ltd. (9531.T)

JPY6,030.00 +125.00 (+2.12%)
JP JPX Utilities Regulated Gas
Address 1-5-20 Kaigan 105-8527
Tokyo, JP
CEO Shinichi Sasayama
IPO 2000-01-04
ISIN JP3573000001

Explore sections of this company profile

Also trades on Other OTC · TKGSF (USD) Other OTC · TKGSY (USD) Tokyo Stock Exchange · 9531.T (JPY)
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 electricity; provision of engineering solutions and energy services, as well as transmission service of city gas; and trading activities. It also provides offshore resource development and investment; and energy supply. In addition, the company engages in the real estate development; and leasing and management of land and buildings. The company was formerly known as Tokyo Gas Company and changed its name to Tokyo Gas Co.,Ltd. in July 1893. The company was incorporated in 1885 and is headquartered in Tokyo, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY6,030.00 +125.00 (+2.12%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
-0.14
Float Shares
289.39M
Free Float %
86.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.37% -2.28% -4.35% -16.67% +0.76% +1.93% +31.68% +111.96% +194.48% +183.93% +450.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6,030.00
DCF (Unlevered) 17,365.51 +188.0%
DCF (Levered) 17,672.88 +193.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 6 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.14
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +7.5% Q1'26: +0.3% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +240.6% Q1'26: +79.1% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +7.1% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +6.8% Q1'26: +7.5% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +5.5% Q1'26: +7.9% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    -10.2% Q1'26: -9.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    2.61× Q1'26: 2.25× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.14) × ERP
WACC = 65% × Ke + 35% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 17,365.51 Current price: 6,030.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
6 Rev. Ana.
6 EPS Ana.
Mar 2027
6 Rev. Ana.
4 EPS Ana.
Mar 2028
6 Rev. Ana.
6 EPS Ana.
Mar 2029
4 Rev. Ana.
4 EPS Ana.
Mar 2030
3 Rev. Ana.
2 EPS Ana.
Mar 2031
2 Rev. Ana.
3 EPS Ana.
Revenue
2.29T
est: 2.30T (-0.1%)
1.88T
est: 1.92T (-1.6%)
1.59T
est: 1.60T (-0.6%)
1.78T
est: 1.79T (-0.8%)
1.96T
est: 1.98T (-0.9%)
1.93T
est: 1.95T (-1.4%)
1.77T
est: 1.78T (-1.1%)
2.15T
est: 2.08T (+3.4%)
3.29T
est: 3.39T (-3.0%)
2.66T
est: 2.60T (+2.3%)
2.64T
est: 2.71T (-2.6%)
2.88T
2.75T – 2.93T
+6.3% YoY
2.90T
2.65T – 3.05T
+0.8% YoY
2.93T
2.67T – 3.10T
+0.9% YoY
2.93T
2.93T – 2.94T
+0.2% YoY
2.94T
2.68T – 3.10T
+0.1% YoY
2.96T
2.70T – 3.13T
+0.9% YoY
EBITDA
313.72B
est: 383.86B (-18.3%)
337.54B
est: 320.38B (+5.4%)
223.73B
est: 267.05B (-16.2%)
282.03B
est: 299.49B (-5.8%)
255.98B
est: 331.13B (-22.7%)
271.74B
est: 326.38B (-16.7%)
258.36B
est: 298.33B (-13.4%)
329.08B
est: 348.58B (-5.6%)
631.45B
est: 566.84B (+11.4%)
431.03B
est: 427.99B (+0.7%)
401.32B
est: 445.29B (-9.9%)
473.45B
451.58B – 482.46B
+6.3% YoY
477.34B
435.51B – 501.86B
+0.8% YoY
481.70B
438.80B – 510.40B
+0.9% YoY
482.67B
482.21B – 483.14B
+0.2% YoY
483.24B
440.54B – 510.05B
+0.1% YoY
487.58B
444.50B – 514.64B
+0.9% YoY
EBIT
171.75B
est: 181.73B (-5.5%)
192.01B
est: 151.68B (+26.6%)
58.37B
est: 126.43B (-53.8%)
116.30B
est: 141.79B (-18.0%)
93.71B
est: 156.77B (-40.2%)
101.42B
est: 154.52B (-34.4%)
77.68B
est: 141.24B (-45.0%)
127.53B
est: 165.03B (-22.7%)
421.48B
est: 268.36B (+57.1%)
217.14B
est: 201.71B (+7.7%)
133.09B
est: 209.86B (-36.6%)
223.13B
212.82B – 227.37B
+6.3% YoY
224.96B
205.25B – 236.52B
+0.8% YoY
227.02B
206.80B – 240.55B
+0.9% YoY
227.48B
227.26B – 227.70B
+0.2% YoY
227.74B
207.62B – 240.38B
+0.1% YoY
229.79B
209.49B – 242.54B
+0.9% YoY
Net Income
95.83B
est: 91.62B (+4.6%)
111.94B
est: 99.84B (+12.1%)
53.13B
est: 37.04B (+43.4%)
74.99B
est: 62.76B (+19.5%)
84.56B
est: 74.01B (+14.3%)
43.29B
est: 58.07B (-25.5%)
49.51B
est: 45.17B (+9.6%)
95.70B
est: 68.65B (+39.4%)
280.92B
est: 220.50B (+27.4%)
165.48B
est: 94.04B (+76.0%)
74.19B
est: 69.29B (+7.1%)
190.35B
174.80B – 205.90B
+174.7% YoY
128.60B
123.48B – 133.72B
-32.4% YoY
134.03B
116.44B – 184.57B
+4.2% YoY
169.27B
150.61B – 187.93B
+26.3% YoY
183.01B
161.99B – 196.21B
+8.1% YoY
198.81B
175.97B – 213.15B
+8.6% YoY
SGA
344.49B
est: 354.42B (-2.8%)
345.67B
est: 295.82B (+16.9%)
361.12B
est: 246.57B (+46.5%)
346.14B
est: 276.53B (+25.2%)
351.34B
est: 305.74B (+14.9%)
366.59B
est: 301.35B (+21.6%)
359.08B
est: 275.45B (+30.4%)
231.94B
est: 321.85B (-27.9%)
227.41B
est: 523.37B (-56.5%)
220.10B
est: 239.97B (-8.3%)
240.19B
est: 249.67B (-3.8%)
265.46B
253.19B – 270.51B
+6.3% YoY
267.64B
244.19B – 281.39B
+0.8% YoY
270.09B
246.03B – 286.18B
+0.9% YoY
270.63B
270.37B – 270.89B
+0.2% YoY
270.95B
247.01B – 285.98B
+0.1% YoY
273.38B
249.23B – 288.55B
+0.9% YoY
EPS
195.75
est: 237.36 (-17.5%)
233.40
est: 258.65 (-9.8%)
115.09
est: 95.97 (+19.9%)
164.12
est: 162.59 (+0.9%)
187.60
est: 191.73 (-2.2%)
97.86
est: 150.45 (-35.0%)
112.25
est: 117.02 (-4.1%)
217.67
est: 177.86 (+22.4%)
646.99
est: 571.26 (+13.3%)
411.88
est: 277.36 (+48.5%)
192.22
est: 204.35 (-5.9%)
561.09
504.50 – 594.28
+174.6% YoY
368.78
356.39 – 385.95
-34.3% YoY
427.67
336.06 – 532.72
+16.0% YoY
481.30
434.70 – 542.40
+12.5% YoY
528.20
467.54 – 566.31
+9.7% YoY
573.80
507.90 – 615.20
+8.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-28 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-27 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-26 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-25 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-22 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-21 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-20 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-19 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-18 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-15 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-14 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-13 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-12 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-11 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-08 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-07 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-05-01 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-04-30 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-04-28 A 4/5 4/5 4/5 5/5 2/5 4/5 3/5
2026-04-27 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-24 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-23 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-22 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-21 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-20 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-17 A 4/5 4/5 4/5 5/5 2/5 4/5 3/5
2026-04-16 A 4/5 4/5 4/5 5/5 2/5 4/5 3/5
2026-04-15 A 4/5 4/5 4/5 5/5 2/5 4/5 3/5
2026-04-14 A 4/5 4/5 4/5 5/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-223.20B
OE per share TTM
-533.72
Owner's Yield
-10.41%
Maintenance CapEx ratio
56.33%
Maint CapEx / Avg PPE
63.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
11.90M
Shares Outstanding
333.42M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Akihiro Saito Managing Executive Officer & Chief Human Resources Officer
Eito Tsuji Senior Managing Executive Officer
Hirofumi Sato Senior Managing Executive Officer male
Kentaro Kimoto Rep. Corporate Executive Officer, Vice President, Chief Technology Officer & Chief Executive of Green Transformation Company male
Masaaki Murakoshi Managing Executive Officer & Chief Risk Officer
Masako Konishi Managing Executive Officer
Nobuhiro Sugesawa Senior Managing Executive Officer
Shinichi Sasayama President, Chief Executive Officer, Representative Corporate Executive Officer & Director male
Shinsuke Ogawa Rep. Corporate Executive Officer, Vice President, Chief Executive of Customer & Business Solution Company male
Taku Minami Managing Executive Officer & Chief Financial Officer
Toshihide Kasutani Representative Corporate Executive Officer, Vice President & Chief Executive of Global Business Company
Yasuhiro Konishi Managing Executive Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits