Toho Gas Co., Ltd. logo

Toho Gas Co., Ltd.

9533.T

JPXUtilitiesRegulated Gas

Latest quote

¥1,220

+¥5.00 · +0.41%

Aug 24, 3:30 PM JST

9533.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Toho Gas Co., Ltd., founded in 1922 and based in Nagoya, Japan, is a diverse enterprise primarily focused on the supply of gas, heat, and electricity throughout the country. Its operations span the full lifecycle of energy resources, including the development, procurement, and commercialization of natural gas and other energy sources. The company also handles the production, transport, and sale of high-pressure gases like LNG, LPG, and liquid carbon dioxide, alongside offering related products such as coke, tar, and crude oil derivatives. Additionally, it manufactures and distributes industrial chemicals, including methanol and plasticizers. Beyond its energy portfolio, Toho Gas produces and sells a broad array of equipment for gas, air conditioning, kitchens, and plumbing, in addition to general home appliances. Its commercial activities extend to retailing items like paving materials, automobiles, daily necessities, and foodstuffs. The company provides comprehensive engineering and construction services, encompassing the design, administration, and execution of civil engineering, general construction, wiring, piping, and machinery projects. It also specializes in environmental solutions, developing, manufacturing, and distributing equipment for preventing air and water pollution, managing waste, and facilitating soil reclamation. Further diversifying its business, Toho Gas is active in real estate (including buying, selling, leasing, and property management), offers IT services (data processing, and the production, leasing, and sale of computer hardware and software), and provides security solutions (both business operations and the sale/lease of security and disaster prevention equipment). Its extensive service offerings also include managing cooking and cultural classrooms, operating sports facilities, acting as a proxy for restaurant and travel agents, engaging in general leasing and financing, and performing non-life and life insurance solicitation. The company also conducts surveys, research, and consulting, among other various ventures.

Industry
Regulated Gas
Sector
Utilities
Headquarters
JP
CEO
Satoshi Yamazaki
Listed since
Jan 1, 2001
Employees
6,131

Market position

Day range

Current ¥1,220

52-week range

Current ¥1,220

Open
¥1,204
Previous close
¥1,215
Volume
535.8K
0.66× average
Average volume
813.15K
Average daily volume
Market cap
436.83B JPY
Beta
-0.02
Market reference 1
50-day average
¥1,201.82
+1.51% above average
200-day average
¥1,245.27
-2.03% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
596.68B JPY
EV / EBITDA
7.2×
Earnings yield
6.65%
Free cash flow yield
5.21%

Profitability & efficiency

Return on equity
6.59%
Return on assets
3.89%
Return on invested capital
3.23%

Financial health

Current ratio
1.64×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%22%11%0%Gross margin, FY2021: 29.83%Gross margin, FY2022: 25.52%Gross margin, FY2023: 27.10%Gross margin, FY2024: 26.35%Gross margin, FY2025: 27.54%Operating margin, FY2021: 3.47%Operating margin, FY2022: 6.20%Operating margin, FY2023: 5.31%Operating margin, FY2024: 4.71%Operating margin, FY2025: 4.88%Net margin, FY2021: 3.00%Net margin, FY2022: 4.78%Net margin, FY2023: 4.31%Net margin, FY2024: 3.88%Net margin, FY2025: 4.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.83%. Gross margin FY2022 25.52%. Gross margin FY2023 27.10%. Gross margin FY2024 26.35%. Gross margin FY2025 27.54%. Operating margin FY2021 3.47%. Operating margin FY2022 6.20%. Operating margin FY2023 5.31%. Operating margin FY2024 4.71%. Operating margin FY2025 4.88%. Net margin FY2021 3.00%. Net margin FY2022 4.78%. Net margin FY2023 4.31%. Net margin FY2024 3.88%. Net margin FY2025 4.83%.

Income trends

Revenue

651.09B JPY-0.75%

Operating income

31.78B JPY+2.90%

Net income

31.45B JPY+23.55%
Income trends across reported periods775.13B JPY498.89B JPY222.64B JPY−53.6B JPYRevenue, FY2021: 515.31B JPYRevenue, FY2022: 706.07B JPYRevenue, FY2023: 632.99B JPYRevenue, FY2024: 656.01B JPYRevenue, FY2025: 651.09B JPYOperating income, FY2021: 17.86B JPYOperating income, FY2022: 43.74B JPYOperating income, FY2023: 33.6B JPYOperating income, FY2024: 30.89B JPYOperating income, FY2025: 31.78B JPYNet income, FY2021: 15.46B JPYNet income, FY2022: 33.72B JPYNet income, FY2023: 27.3B JPYNet income, FY2024: 25.45B JPYNet income, FY2025: 31.45B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 515.31B JPY. Revenue FY2022 706.07B JPY. Revenue FY2023 632.99B JPY. Revenue FY2024 656.01B JPY. Revenue FY2025 651.09B JPY. Operating income FY2021 17.86B JPY. Operating income FY2022 43.74B JPY. Operating income FY2023 33.6B JPY. Operating income FY2024 30.89B JPY. Operating income FY2025 31.78B JPY. Net income FY2021 15.46B JPY. Net income FY2022 33.72B JPY. Net income FY2023 27.3B JPY. Net income FY2024 25.45B JPY. Net income FY2025 31.45B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue651.09B JPY656.01B JPY632.99B JPY706.07B JPY515.31B JPY
Cost of goods sold471.79B JPY483.17B JPY461.45B JPY525.88B JPY361.61B JPY
Gross profit179.3B JPY172.85B JPY171.54B JPY180.19B JPY153.7B JPY
Selling, general, and administrative147.51B JPY141.96B JPY137.94B JPY136.45B JPY135.84B JPY
Operating expenses147.51B JPY141.96B JPY137.94B JPY136.45B JPY135.84B JPY
Interest income1.05B JPY1.06B JPY971M JPY499M JPY210M JPY
Interest expense1.25B JPY1.07B JPY842M JPY955M JPY726M JPY
Depreciation and amortization38.37B JPY38.34B JPY38.47B JPY36.27B JPY36.51B JPY
Operating income31.78B JPY30.89B JPY33.6B JPY43.74B JPY17.86B JPY
Net income31.45B JPY25.45B JPY27.3B JPY33.72B JPY15.46B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
4 beats, 0 misses, 0 met estimates
Average EPS surprise
+915.39%
4 comparable reports
Latest EPS result
26.19

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates60.9243.1425.377.59Q4 '24BeatQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 30, 2024: actual 57.07, estimate 16.6, surprise +243.80%, Beat. Q1 2025, reported Jan 30, 2025: actual 10.39, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 8.93, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 30, 2025: actual 43.07, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 28, 2025: actual 9.89, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Jan 30, 2026: actual 10.58, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 30, 2026: actual 20.22, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 27, 2026: actual 26.19, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates203.22B178.04B152.86B127.68BQ1 '25No estimateQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 167.2B JPY, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 195.41B JPY, estimate 179.7B JPY, surprise +8.74%, Beat. Q3 2025, reported Jul 30, 2025: actual 161.47B JPY, estimate 135.5B JPY, surprise +19.17%, Beat. Q4 2025, reported Oct 28, 2025: actual 145.69B JPY, estimate 142.5B JPY, surprise +2.24%, Beat. Q1 2026, reported Jan 30, 2026: actual 158.25B JPY, estimate 142.7B JPY, surprise +10.89%, Beat. Q2 2026, reported Apr 30, 2026: actual 185.68B JPY, estimate 162.8B JPY, surprise +14.05%, Beat. Q3 2026, reported Jul 27, 2026: actual 145.7B JPY, estimate 173.7B JPY, surprise -16.12%, Miss. Q4 2026, reported Oct 30, 2026: actual —, estimate 156.8B JPY, surprise —, Comparison unavailable.

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