Tokyo Gas Co (9531.T) Stock Price

Tokyo Gas Co Price

🇯🇵JPX·CLOSED
6,211.00JPY
Market closed
Today +/-
Today %

Tokyo Gas Co (9531.T) Stock | ISIN JP3573000001 | WKN 855664. The current Tokyo Gas Co stock price is 6,211 JPY (2026). Revenue is 2.83 T JPY. Net income is 218.96 B JPY. The P/E ratio is 10.95. Market capitalization is 2.4 T JPY. Tokyo Gas Co operates in the Utilities sector.

Over the last 19 years Tokyo Gas Co grew revenue by 3.9% annually, reaching 2.64 T JPY. Earnings per share have grown at 3.1% per year over the last 19 years. For Tokyo Gas Co, the net margin of 2.8% is broadly stable versus 2.8% a few years ago. At today's price the dividend yield works out to roughly 1.53%. The payout ratio is around 41% of earnings. The dividend has grown at 12.3% per year over the past 19 years.

Tokyo Gas Co stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Tokyo Gas Co over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Tokyo Gas Co stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Tokyo Gas Co's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Tokyo Gas Co Stock Price History
DateTokyo Gas Co Price
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Tokyo Gas Co Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
1.27 T JPY
112.35 B JPY
62.05 B JPY
Jan 1, 2007
1.38 T JPY
162.32 B JPY
100.7 B JPY
Jan 1, 2008
1.49 T JPY
70.05 B JPY
42.49 B JPY
Jan 1, 2009
1.66 T JPY
65.21 B JPY
41.71 B JPY
Jan 1, 2010
1.42 T JPY
85.23 B JPY
53.78 B JPY
Jan 1, 2011
1.54 T JPY
122.45 B JPY
95.47 B JPY
Jan 1, 2012
1.75 T JPY
77.08 B JPY
46.06 B JPY
Jan 1, 2013
1.92 T JPY
145.63 B JPY
101.68 B JPY
Jan 1, 2014
2.11 T JPY
166.04 B JPY
108.45 B JPY
Jan 1, 2015
2.29 T JPY
171.75 B JPY
95.83 B JPY
Jan 1, 2016
1.88 T JPY
192.01 B JPY
111.94 B JPY
Jan 1, 2017
1.59 T JPY
58.37 B JPY
53.13 B JPY
Jan 1, 2018
1.78 T JPY
116.3 B JPY
74.99 B JPY
Jan 1, 2019
1.96 T JPY
93.7 B JPY
84.56 B JPY
Jan 1, 2020
1.93 T JPY
101.42 B JPY
43.29 B JPY

Tokyo Gas Co Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 17, 2026, 2:52 AM
 
REVENUE (T JPY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B JPY)
NET INCOME (B JPY)
NET INCOME GROWTH (%)
DIV. (JPY)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202120222023202420252026e2027e2028e
1.772.153.292.662.642.832.812.83
-8.3222.0852.66-19-1.047.22-0.70.85
31.318.0321.0717.8415.4114.3714.4714.35
552.52388.47693.17475.26406.24406.24406.24406.24
49.5195.7280.92169.9474.19218.96142.57155.19
14.3593.32193.53-39.51-56.34195.12-34.898.85
6067.56572.59550160.57173.61
12.5-3.711.5431.03-47.37221.148.12
441.01439.67434.19412.59385.99385.99385.99385.99
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Tokyo Gas Co generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Tokyo Gas Co retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Tokyo Gas Co's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Tokyo Gas Co has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Tokyo Gas Co's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Tokyo Gas Co stock margins

The Tokyo Gas Co margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Tokyo Gas Co. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Tokyo Gas Co.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
42.79 %
8.87 %
4.9 %
Jan 1, 2007
41.94 %
11.79 %
7.31 %
Jan 1, 2008
34.51 %
4.71 %
2.86 %
Jan 1, 2009
31.34 %
3.93 %
2.51 %
Jan 1, 2010
39.66 %
6.02 %
3.8 %
Jan 1, 2011
36.51 %
7.98 %
6.22 %
Jan 1, 2012
30.72 %
4.39 %
2.63 %
Jan 1, 2013
31.54 %
7.6 %
5.31 %
Jan 1, 2014
29.47 %
7.86 %
5.13 %
Jan 1, 2015
27.24 %
7.49 %
4.18 %
Jan 1, 2016
34.26 %
10.19 %
5.94 %
Jan 1, 2017
33.72 %
3.68 %
3.35 %
Jan 1, 2018
32.26 %
6.54 %
4.22 %
Jan 1, 2019
28.28 %
4.78 %
4.31 %
Jan 1, 2020
30.18 %
5.27 %
2.25 %

Tokyo Gas Co Stock Revenue, EBIT, Earnings per Share

The Tokyo Gas Co earnings per share therefore indicates how much revenue Tokyo Gas Co has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
2,194.98 JPY
194.71 JPY
107.54 JPY
Jan 1, 2007
2,432.79 JPY
286.78 JPY
177.91 JPY
Jan 1, 2008
2,699.63 JPY
127.13 JPY
77.11 JPY
Jan 1, 2009
3,051.77 JPY
119.86 JPY
76.67 JPY
Jan 1, 2010
2,612.03 JPY
157.25 JPY
99.23 JPY
Jan 1, 2011
2,864.26 JPY
228.46 JPY
178.11 JPY
Jan 1, 2012
3,367.1 JPY
147.94 JPY
88.41 JPY
Jan 1, 2013
3,719.69 JPY
282.78 JPY
197.43 JPY
Jan 1, 2014
4,199.04 JPY
330.11 JPY
215.61 JPY
Jan 1, 2015
4,682.55 JPY
350.81 JPY
195.73 JPY
Jan 1, 2016
3,929.64 JPY
400.35 JPY
233.39 JPY
Jan 1, 2017
3,437.67 JPY
126.42 JPY
115.09 JPY
Jan 1, 2018
3,890 JPY
254.55 JPY
164.12 JPY
Jan 1, 2019
4,353.73 JPY
207.9 JPY
187.6 JPY
Jan 1, 2020
4,351.99 JPY
229.26 JPY
97.86 JPY

Tokyo Gas Co business model & stock analysis

Tokyo Gas Co Ltd is a leading energy provider based in Tokyo, Japan. Founded in 1885 as Fuji Gas Co Ltd, the company initially delivered city gas to the Tokyo region. Since then, the company has continuously evolved and is now one of the largest gas suppliers in Japan. Tokyo Gas' business model is focused on adapting to changes in the energy market and developing innovative solutions for CO2 reduction. The company relies on a variety of energy sources, including natural gas as the main source, as well as renewable energy sources such as solar power, hydropower, and biomass. In addition to supplying gas to residential and business customers, Tokyo Gas also offers a wide range of services. The company is divided into several business divisions, including energy sales, maintenance of energy systems, development of energy efficiency technologies, and construction of power generation facilities. The energy sales division of Tokyo Gas includes several products. Key products include Tabisuru Gas, a gas product specifically designed for tourism and travelers, and Tokyo Gas Premium Gas, used by Tokyo Gas household appliances such as heating systems and water heaters. Tokyo Gas also offers many products tailored to the specific needs of businesses. The company provides various solutions for the industry to help companies save more energy and improve efficiency. An example is waste heat utilization technology, which utilizes the waste heat from industrial facilities to reduce energy costs and CO2 emissions. In recent years, Tokyo Gas has expanded its business into the renewable energy sector and has been involved in the development of solar and wind power generation facilities. The company has also invested in various start-ups specializing in renewable energy and offers innovative services such as the utilization of excess energy from renewable sources. Tokyo Gas is also committed to increasing energy efficiency in businesses and households. The company has developed various products to reduce energy demand and improve energy efficiency. An example of this is smart meters, a technology that automatically captures energy consumption data and sends it to customer reports on mobile devices. In summary, Tokyo Gas is a leading energy provider that offers a wide range of products and services tailored to the specific needs of residential customers, businesses, and the industry. The company relies on efficient energy sources such as natural gas and renewable energy sources such as solar and wind power to ensure sustainable energy supply. In the future, Tokyo Gas plans to strengthen its position in the renewable energy and energy storage technology market to continue offering innovative energy solutions.

Tokyo Gas Co SWOT Analysis

Strengths

Tokyo Gas Co Ltd has several strengths that contribute to its success in the market. Firstly, it is one of the largest gas utilities in Japan, enjoying a significant market share. This enables the company to benefit from economies of scale and have a strong competitive position. Secondly, Tokyo Gas has a diverse portfolio of energy sources, including natural gas, LNG, and renewable energy. This diversity enables the company to adapt to changing market conditions and minimize risks associated with one energy source. Additionally, Tokyo Gas has established a strong brand reputation and customer base through its reliable and high-quality gas supply services.

Weaknesses

Despite its strengths, Tokyo Gas Co Ltd also faces certain weaknesses that need to be addressed. One of the main weaknesses is its heavy dependence on imported sources of natural gas and LNG. Fluctuations in global gas prices and supply disruptions can impact the company's profitability. Moreover, Tokyo Gas operates primarily within the Japanese market, limiting its geographic diversification and exposing it to local economic trends and regulatory changes. The company also faces challenges in reducing its carbon footprint and transitioning towards a more sustainable energy mix.

Opportunities

Tokyo Gas Co Ltd has opportunities to capitalize on in the market. The growing demand for clean energy and increasing environmental awareness provide an opportunity for the company to expand its renewable energy business. Tokyo Gas can invest in research and development to enhance its capabilities in renewable energy technologies, such as solar and wind power. Furthermore, the liberalization of Japan's energy market creates opportunities for Tokyo Gas to enter new segments and offer innovative energy solutions to residential and commercial customers.

Threats

Tokyo Gas Co Ltd faces certain threats that could affect its business operations. One of the major threats is the increasing competition in the Japanese energy market. The liberalization of the market has led to the entry of new competitors, challenging Tokyo Gas's market dominance. Moreover, government policies and regulations related to energy and environmental targets could impact Tokyo Gas's operations and profitability. Additionally, external factors such as natural disasters, geopolitical tensions, and global economic downturns can pose threats to the company's supply chain and overall business stability.

Tokyo Gas Co Eulerpool Fair Value

Tokyo Gas Co historical P/E ratio, EBIT multiple, and P/S ratio

Tokyo Gas Co annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Tokyo Gas Co shares outstanding

The number of shares was Tokyo Gas Co in 2025 — This indicates how many shares 385.993 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
577 M base_Shares
Jan 1, 2007
566 M base_Shares
Jan 1, 2008
551 M base_Shares
Jan 1, 2009
544 M base_Shares
Jan 1, 2010
542 M base_Shares
Jan 1, 2011
536 M base_Shares
Jan 1, 2012
521 M base_Shares
Jan 1, 2013
515 M base_Shares
Jan 1, 2014
503 M base_Shares
Jan 1, 2015
489.59 M base_Shares
Jan 1, 2016
479.6 M base_Shares
Jan 1, 2017
461.67 M base_Shares
Jan 1, 2018
456.9 M base_Shares
Jan 1, 2019
450.72 M base_Shares
Jan 1, 2020
442.38 M base_Shares

Tokyo Gas Co Dividend History

37 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
202650JPYYTD
Mar 30, 202650JPY 0.0%1/1
202595JPY 31.0%
Mar 28, 202545JPY 28.6%1/2
Sep 29, 202550JPY 11.1%2/2
202472.5JPY 11.5%
202365JPY 3.7%
202267.5JPY 12.5%
202160JPY 0.0%
202060JPY 4.0%
201962.5JPY 13.6%
201855JPY 66.7%
201733JPY 187.0%

Tokyo Gas Co dividend history and estimates

In 2025, Tokyo Gas Co paid a dividend amounting to 95 JPY. Dividend means that Tokyo Gas Co distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Invalid Date
10.5 JPY
24.5 JPY
Invalid Date
8.5 JPY
26.5 JPY
Jan 1, 2008
8 JPY
0 JPY
Jan 1, 2009
8 JPY
0 JPY
Jan 1, 2010
9.5 JPY
0 JPY
Jan 1, 2011
9 JPY
0 JPY
Jan 1, 2012
9 JPY
0 JPY
Jan 1, 2013
10.5 JPY
0 JPY
Jan 1, 2014
10 JPY
0 JPY
Jan 1, 2015
10 JPY
0 JPY
Jan 1, 2016
11.5 JPY
0 JPY
Jan 1, 2017
33 JPY
0 JPY
Jan 1, 2018
55 JPY
0 JPY
Jan 1, 2019
62.5 JPY
0 JPY
Jan 1, 2020
60 JPY
0 JPY

Tokyo Gas Co dividend payout ratio

In 2025, Tokyo Gas Co had a payout ratio of 41.32%. The payout ratio indicates the percentage of the company's profits that Tokyo Gas Co distributes as dividends.
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  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
48.82 %
Jan 1, 2007
23.89 %
Jan 1, 2008
51.88 %
Jan 1, 2009
52.18 %
Jan 1, 2010
47.87 %
Jan 1, 2011
25.27 %
Jan 1, 2012
50.9 %
Jan 1, 2013
26.59 %
Jan 1, 2014
23.19 %
Jan 1, 2015
25.55 %
Jan 1, 2016
24.64 %
Jan 1, 2017
47.79 %
Jan 1, 2018
33.51 %
Jan 1, 2019
33.32 %
Jan 1, 2020
61.31 %
Price targets and forecasts for Tokyo Gas Co are not yet available.

Tokyo Gas Co Earnings Estimates

Tokyo Gas Co Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/24/20246.06JPY822.33 BJPY2024 Q4
1/29/20248.69JPY707.71 BJPY2024 Q3
4/25/202353.83JPY1 TJPY2023 Q4
1/26/202368.98JPY759.27 BJPY2023 Q3
10/27/202229.44JPY577.57 BJPY2023 Q2
7/27/202260.1JPY615.34 BJPY2023 Q1
4/26/202227.61JPY656.18 BJPY2022 Q4
10/28/202129.93JPY481.31 BJPY2022 Q2
7/28/202140.85JPY454.77 BJPY2022 Q1
4/28/202135.65JPY569.9 BJPY2021 Q4

EESG©

Eulerpool ESG Scorecard© for the Tokyo Gas Co stock

63/100
57
Environment
93
Social
39
Governance
E

Environment

20
Scope 1 - Direct Emissions4,574,000
Scope 2 - Indirect emissions from purchased energy227,000
Scope 3 - Indirect emissions within the value chain49,277,000
Total CO₂ emissions4,801,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees20.9
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Tokyo Gas Co shareholder structure

% Name
8.13218%
Nippon Life Insurance Company
Nippon Life Insurance Company
4.94318%
Elliott Management Corporation
Elliott Management Corporation
3.566%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
2.79729%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.2361%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.91247%
Tokyo Gas Co., Ltd Group Employees
Tokyo Gas Co., Ltd Group Employees
1.64523%
Nikko Asset Management Co., Ltd.
Nikko Asset Management Co., Ltd.
1.60815%
Daiwa Asset Management Co., Ltd.
Daiwa Asset Management Co., Ltd.
1.47824%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.96281%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
...

Tokyo Gas Co Executives and Management Board

TU

Mr. Takashi Uchida

(67)

Chairman of the Board · since 2010

SS

Mr. Shinichi Sasayama

(62)

Executive President, Chief Executive Officer, Representative Executive Officer, Director · since 2016

TM

Mr. Taku Minami

Chief Financial Officer, Managing Executive Officer

GS

Mr. Go Soga

Executive Officer, Director of Finance

AS

Mr. Akihiro Saito

Managing Executive Officer, Chief Human Resource Officer

...

Tokyo Gas Co Supply Chain

Frequently asked questions about Tokyo Gas Co

The business model of Tokyo Gas Co Ltd revolves around being a leading provider of natural gas in Japan. The company engages in the production, purchase, supply, and sale of natural gas to a wide range of customers, including residential, commercial, and industrial sectors. Tokyo Gas also operates in the energy solutions business, offering renewable energy sources, energy management services, and innovative technologies. As a highly integrated gas company, Tokyo Gas focuses on ensuring a stable and secure energy supply while contributing to a sustainable society. With its extensive infrastructure and strategic partnerships, Tokyo Gas aims to deliver value-added services and support the energy needs of its customers efficiently and responsibly.

All fundamentals and in-depth analysis of Tokyo Gas Co

Our stock analysis for Tokyo Gas Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Tokyo Gas Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.