Tokyo Gas Co.,Ltd. (TYO: 9531)

Japan flag Japan · Delayed Price · Currency is JPY
4,315.00
+495.00 (12.96%)
Nov 20, 2024, 3:45 PM JST
29.00%
Market Cap 1.67T
Revenue (ttm) 2.61T
Net Income (ttm) 83.12B
Shares Out 387.46M
EPS (ttm) 209.15
PE Ratio 20.63
Forward PE 17.51
Dividend 70.00 (1.62%)
Ex-Dividend Date Mar 28, 2025
Volume 7,204,700
Open 4,393.00
Previous Close 3,820.00
Day's Range 4,129.00 - 4,393.00
52-Week Range 2,961.50 - 4,393.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Tokyo Gas Co.,Ltd.

Tokyo Gas Co.,Ltd. engages in the production, supply, and sale of city gas, and LNG in Japan. The company offers engineering solutions; gas construction; and gas pipelines services, as well as engages in gas appliances business. It is also involved in fuel procurement, power generation, and sales of electricity; and overseas resource development, renewable energy, and LNG infrastructure business. In addition, the company provides district heating and cooling, and energy services; and develops LNG terminals and pipes. Further, it engages in the ... [Read more]

Industry Regulated Gas
Sector Utilities
Founded 1885
Employees 15,504
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 9531
Full Company Profile

Financial Performance

In 2023, Tokyo Gas Co.,Ltd.'s revenue was 2.66 trillion, a decrease of -19.00% compared to the previous year's 3.29 trillion. Earnings were 169.94 billion, a decrease of -39.51%.

Financial Statements

News

Eliott's Stake Boosts Tokyo Gas Shares by 15%

Eliott's Stake Boosts Tokyo Gas Shares by 15%

1 day ago - GuruFocus

Tokyo Gas Shares Jump Most Since 1987 After Elliott Stake Report

Tokyo Gas Co.’s stock rose 15% at one point in early trading Wednesday, its biggest climb since 1987, after Elliott Investment Management reported it had acquired 5.03% of the utility company’s shares...

1 day ago - BNN Bloomberg

Elliott Reports Stake in Tokyo Gas as Activists Target Japan

Elliott Investment Management reported a major stake in Tokyo Gas Co. as activist investors increasingly seek to unlock hidden value in Japanese firms.

2 days ago - BNN Bloomberg

Activist investor Elliott takes stake in Tokyo Gas, filing shows

U.S. hedge fund Elliott Management Corp has taken a stake of 5.03% in Tokyo Gas , a regulatory filing showed on Tuesday.

2 days ago - Reuters

Elliott Management bets on Japan property with 5% stake in Tokyo Gas

US activist investor plans to push Japanese company to offload some of its $9bn real estate portfolio

2 days ago - Financial Times

Woodside and Tokyo Gas in discussions over stake in US LNG project

Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, according to two people familiar with the discussions.

20 days ago - Reuters

Tokyo Gas H1 net profit down 84% y/y on higher costs

Tokyo Gas , Japan's biggest city gas provider, on Wednesday posted 17.2 billion yen ($112 million) in first-half net profit to end-September, down 84% from the same period a year earlier, hit by risin...

22 days ago - Reuters

Chevron in talks to offload Texas gas assets to Tokyo Gas for up to $1B - report

Chevron in talks to sell east Texas natural gas assets to Tokyo Gas for up to $1B as part of its divestment plan to optimize energy portfolio.

6 weeks ago - Seeking Alpha

Tokyo Gas seeks more US natural gas assets, president says

Japan's top city gas supplier Tokyo Gas is looking to add more U.S. natural gas assets, its president said on Monday, as it aims to expand its gas-related businesses in North America after its recent ...

6 months ago - Reuters

EIG's MidOcean Energy Completes Acquisition of Tokyo Gas' Interests in Portfolio of Australian Integrated LNG Projects

WASHINGTON--(BUSINESS WIRE)--MidOcean Energy (“MidOcean”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sec...

8 months ago - Business Wire

Tokyo Gas to increase use of e-methane, hydrogen and wind power

Tokyo Gas , Japan's biggest city gas supplier, said on Friday it aims to achieve 50% carbon neutrality by 2040 by using new fuels such as e-methane and hydrogen as well as renewable energy including f...

8 months ago - Reuters

Mitsubishi, 7 others to form coalition to promote electric natural gas

Mitsubishi Corp said on Tuesday it will form an international coalition with seven other firms including TotalEnergies and Tokyo Gas to support development and production of electric natural gas (e-NG...

8 months ago - Reuters

Tokyo Gas unit buys U.S. natgas producer Rockcliff Energy for $2.7 bn

A unit of Tokyo Gas has bought Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion, it said on Saturday.

1 year ago - Reuters

UK's Octopus Energy launches $3.7 bln offshore wind fund with Tokyo Gas

Britain's Octopus Energy said on Friday its renewables investing arm had launched a dedicated fund with Japan's Tokyo Gas to invest 3 billion pounds ($3.7 billion) in offshore wind projects by 2030.

1 year ago - Reuters

Tokyo Gas to spend $1.4 bln on renewable power at home and abroad

Japan's Tokyo Gas is shifting its overseas focus to renewable energy and away from regional upstream gas projects as it seeks to combat climate change, its president said, although it will invest in l...

1 year ago - Reuters

CERAWEEK-Collapse in US natgas prices dents market for shale deals

This year's freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to buy when prices were much, much higher.

1 year ago - Reuters

Tokyo Gas unit close to $4.6B deal for US natgas producer: report

Tokyo Gas is in talks that could lead to buying U.S. natural gas producer Rockcliff Energy for $4.6 billion.

2 years ago - Fox Business

Exclusive: Tokyo Gas unit nears $4.6 billion deal to buy U.S. natgas producer -sources

A unit of Tokyo Gas Co Ltd is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt, people famili...

2 years ago - Reuters

Private equity firm EIG pays $2.2 bln for LNG projects in Australia

Private equity firm EIG said Friday its MidOcean Energy portfolio company agreed to pay $2.15 billion to Tokyo Gas Co. Ltd. TKGSY, 9531, -1.50% for interests in four Australian liquid natural gas (LNG...

2 years ago - Market Watch