Balance Sheet Tokyo Gas Co.,Ltd.

Stocks

9531

JP3573000001

Natural Gas Utilities

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-06-11 am EDT			5-day change	1st Jan Change
6,395.00 ^JPY	+1.43%		+1.64%	+3.06%

May. 18	Gas Malaysia Partners With Tokyo Gas and VTTI for Kedah LNG Terminal	MT
May. 15	Gas Malaysia Berhad, Tokyo Gas Co. Ltd. and Vtti B.V. Enters Joint Development Agreement for Liquefied Natural Gas Regasification Terminal in Yan, Kedah	CI

439215b9fd7c465efca1ba90e.uDSKc1fyuSkQvWAFQo_FqPQgDDjKW7iBk3qXfMu2g7Y.7FnVCT6dwV5m8zJ0ctb3_cNWQWipIdTDwDTzBPj19Y_SX6csGqePUEDKLQ

Published financial data: TOKYO GAS CO.,LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1,765B	2,145B	3,290B	2,665B	2,637B
Total Revenues	1,765B	2,145B	3,290B	2,665B	2,637B
Cost of Goods Sold, Total	1,213B	1,547B	2,596B	2,189B	2,231B
Gross Profit	553B	599B	693B	475B	406B
Selling General & Admin Expenses, Total	475B	481B	272B	255B	273B
Other Operating Expenses, Total	475B	481B	272B	255B	273B
Operating Income	77.68B	118B	421B	220B	133B
Interest Expense, Total	-12.63B	-14.47B	-15.14B	-19.01B	-31.21B
Interest And Investment Income	3.98B	2.72B	5.26B	9.75B	9.33B
Net Interest Expenses	-8.64B	-11.74B	-9.88B	-9.26B	-21.88B
Income (Loss) On Equity Invest.	1.48B	3.72B	-4.45B	3.06B	5.53B
Currency Exchange Gains (Loss)	-	14.55B	5.09B	13.34B	-
Other Non Operating Income (Expenses)	1.38B	-6.26B	276M	4.89B	-6.93B
EBT, Excl. Unusual Items	71.89B	118B	413B	232B	110B
Gain (Loss) On Sale Of Investments	2.82B	1.65B	1.38B	25.13B	-9.38B
Gain (Loss) On Sale Of Assets	3.11B	9.04B	-	-	-
Asset Writedown	-11.65B	-1.88B	-9.92B	-5.38B	3.79B
Other Unusual Items	0	-1M	3.5B	-	2B
EBT, Incl. Unusual Items	66.18B	127B	407B	252B	106B
Income Tax Expense	15.71B	36.59B	126B	81.94B	33.55B
Earnings From Continuing Operations	50.47B	90.28B	282B	170B	72.67B
Net Income to Company	50.47B	90.28B	282B	170B	72.67B
Minority Interest	-966M	-1.53B	-605M	-207M	1.52B
Net Income - (IS)	49.5B	88.74B	281B	170B	74.19B
Net Income to Common Incl Extra Items	49.5B	88.74B	281B	170B	74.19B
Net Income to Common Excl. Extra Items	49.5B	88.74B	281B	170B	74.19B
Per Share Items
Net EPS - Basic	112.25	201.84	646.99	411.88	192.22
Basic EPS - Continuing Operations	112.25	201.84	646.99	411.88	192.22
Basic Weighted Average Shares Outstanding	441M	440M	434M	413M	386M
Net EPS - Diluted	112.25	201.84	646.99	411.88	192.22
Diluted EPS - Continuing Operations	112.25	201.84	646.99	411.88	192.22
Diluted Weighted Average Shares Outstanding	441M	440M	434M	413M	386M
Normalized Basic EPS	99.7	164.33	592.41	351.46	181.76
Normalized Diluted EPS	99.7	164.33	592.41	351.46	181.76
Dividend Per Share	60	65	65	70	80
Payout Ratio	53.43	29.78	10.49	16.19	38.45
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	257B	319B	631B	433B	401B
EBITA	77.68B	118B	421B	220B	133B
EBIT	77.68B	118B	421B	220B	133B
Effective Tax Rate - (Ratio)	23.74	28.84	30.91	32.51	31.58
Normalized Net Income	43.97B	72.25B	257B	145B	70.16B
Non-Cash Pension Expense	-5.48B	-15.39B	800M	-5.15B	-12.29B
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
General and Administrative Expenses	64.68B	65.32B	-	-	-
Research And Development Expense From Footnotes	6.2B	7.31B	7.36B	8.43B	7.21B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	158B	180B	454B	364B	244B
Short Term Investments	1.21B	10M	10M	-	103M
Total Cash And Short Term Investments	159B	180B	454B	364B	244B
Accounts Receivable, Total	238B	345B	461B	471B	458B
Total Receivables	238B	345B	461B	471B	458B
Inventory	60.04B	82.68B	157B	138B	139B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	93.85B	306B	146B	332B	206B
Total Current Assets	551B	913B	1,218B	1,304B	1,047B
Net Property Plant And Equipment	1,496B	1,569B	1,583B	1,446B	1,454B
Long-term Investments	291B	341B	377B	421B	546B
Goodwill	5.32B	6.02B	6.41B	5.52B	5.9B
Other Intangibles, Total	290B	294B	308B	676B	753B
Loans Receivable Long-Term	57.28B	48.65B	56.55B	16.77B	33.54B
Deferred Tax Assets Long-Term	47.37B	44.23B	32.85B	19.84B	15.48B
Other Long-Term Assets, Total	2M	1M	1M	1M	2M
Total Assets	2,738B	3,217B	3,581B	3,889B	3,855B
Liabilities
Accounts Payable, Total	84.26B	76.23B	63.84B	96.01B	103B
Short-term Borrowings	5.71B	36.38B	6.67B	86.42B	21.02B
Current Portion of Long-Term Debt	109B	48.97B	79.97B	64.58B	67.8B
Current Portion of Leases	1.98B	1.72B	-	-	-
Current Income Taxes Payable	11.71B	33.83B	119B	38.7B	19.47B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	203B	402B	337B	384B	399B
Total Current Liabilities	415B	599B	606B	670B	610B
Long-Term Debt	934B	1,117B	1,156B	1,270B	1,229B
Pension & Other Post Retirement Benefits	58.42B	66.2B	64.57B	62.91B	58.19B
Deferred Tax Liability Non Current	24.27B	29.64B	33.9B	46.51B	56.72B
Other Non Current Liabilities	129B	148B	131B	106B	99.31B
Total Liabilities	1,560B	1,960B	1,992B	2,156B	2,054B
Common Stock, Total	142B	142B	142B	142B	142B
Additional Paid In Capital	1.14B	846M	-	4.11B	4.12B
Retained Earnings	991B	1,052B	1,311B	1,340B	1,343B
Treasury Stock	-3.91B	-3.52B	-3.66B	-4.46B	-85.2B
Comprehensive Income and Other	23.97B	36.43B	109B	214B	321B
Total Common Equity	1,154B	1,227B	1,558B	1,696B	1,725B
Minority Interest	24.46B	29.37B	30.9B	37.47B	76.02B
Total Equity	1,178B	1,257B	1,589B	1,733B	1,801B
Total Liabilities And Equity	2,738B	3,217B	3,581B	3,889B	3,855B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	440M	436M	429M	397M	360M
ECS Total Common Shares Outstanding	441M	440M	433M	399M	370M
Book Value / Share	2.62K	2.79K	3.6K	4.25K	4.67K
Tangible Book Value	858B	927B	1,244B	1,014B	966B
Tangible Book Value Per Share	1.95K	2.11K	2.87K	2.54K	2.62K
Total Debt	1,050B	1,204B	1,243B	1,421B	1,318B
Net Debt	891B	1,025B	789B	1,057B	1,074B
Debt Equivalent of Unfunded Proj. Benefit Obligation	58.3B	60.33B	55.76B	43.45B	23.34B
Minority Interest, Total (Incl. Fin. Div)	24.46B	29.37B	30.9B	37.47B	76.02B
Inventories - Raw Materials, Total	46.46B	67.14B	136B	89.81B	79.99B
Inventories - Work In Process, Total	11.6B	12.08B	15.65B	13.25B	19.62B
Inventories - Finished Goods, Total	1.98B	3.47B	6.03B	34.48B	39.01B
Full Time Employees	16.86K	16.7K	15.96K	15.5K	15.57K
Accumulated Allowance for Doubtful Accounts (Supple)	857M	3.71B	2.12B	1.72B	1.27B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	66.18B	127B	407B	252B	106B
Depreciation & Amortization - CF	180B	201B	209B	212B	268B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	180B	201B	209B	212B	268B
(Gain) Loss From Sale Of Asset	10.43B	4.1B	5.75B	3.48B	-
(Gain) Loss on Sale of Investments - (CF)	-817M	-1.52B	-927M	-25.11B	9.69B
(Income) Loss On Equity Investments - (CF)	-1.48B	-3.72B	4.45B	-3.06B	-5.53B
Other Operating Activities, Total	-28.62B	-9.8B	-29.71B	-162B	-30.34B
Change In Accounts Receivable	5.13B	-113B	-114B	23.18B	17.53B
Change In Inventories	18.64B	-22.49B	-78.49B	51.74B	1.66B
Change In Accounts Payable	7.01B	10.13B	19.87B	52.55B	-22.46B
Change in Other Net Operating Assets	-699M	-45.93B	63.57B	-73.89B	18.13B
Cash from Operations	256B	145B	487B	331B	363B
Capital Expenditure	-173B	-167B	-151B	-181B	-186B
Sale of Property, Plant, and Equipment	4.11B	6.33B	5.77B	-	2.77B
Cash Acquisitions	-25.57B	-15.07B	-1.3B	-220B	-2.15B
Divestitures	-	-	2.72B	89.38B	116B
Sale (Purchase) of Intangible assets	-35.72B	-29.78B	-34.29B	-33.43B	-120B
Investment in Marketable and Equity Securities, Total	-26.38B	-6.17B	-14.44B	-14.41B	-60.29B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-10.65B	-1.02B	-5.8B	6.56B	-3.03B
Other Investing Activities, Total	-29.04B	-11.75B	-5.53B	-9.46B	-10.29B
Cash from Investing	-296B	-225B	-204B	-362B	-264B
Short Term Debt Issued, Total	-	30B	13.84B	77B	-
Long-Term Debt Issued, Total	141B	239B	117B	169B	21.61B
Total Debt Issued	141B	269B	131B	246B	21.61B
Short Term Debt Repaid, Total	-	-	-30B	-	-67B
Long-Term Debt Repaid, Total	-55.98B	-143B	-72.24B	-175B	-72.1B
Total Debt Repaid	-55.98B	-143B	-102B	-175B	-139B
Repurchase of Common Stock	-	-3.33B	-16.03B	-113B	-120B
Common Dividends Paid	-26.45B	-26.42B	-29.47B	-27.52B	-28.53B
Common & Preferred Stock Dividends Paid	-26.45B	-26.42B	-29.47B	-27.52B	-28.53B
Other Financing Activities, Total	-6.6B	-5.14B	-5.65B	-3.2B	10.1B
Cash from Financing	52.01B	90.49B	-22.4B	-73.21B	-256B
Foreign Exchange Rate Adjustments	-5.09B	9.12B	12.63B	12.48B	35.16B
Miscellaneous Cash Flow Adjustments	8M	1.71B	-	1.99B	1.66B
Net Change in Cash	6.59B	21.89B	274B	-89.54B	-120B
Supplemental Items
Cash Interest Paid	12.63B	14.48B	14.07B	17.63B	32B
Cash Income Tax Paid (Refund)	32.48B	16.12B	40.44B	172B	39.63B
Levered Free Cash Flow	22.91B	-59.51B	254B	-52.08B	166B
Unlevered Free Cash Flow	30.81B	-50.46B	264B	-40.2B	185B
Change In Net Working Capital	-10.83B	128B	23.86B	176B	-140B
Net Debt Issued / Repaid	85.05B	125B	28.76B	70.55B	-117B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.84	2.47	7.75	3.69	2.15
Return on Total Capital	2.27	3.14	9.95	4.6	2.65
Return On Equity %	4.32	7.42	19.78	10.24	4.11
Return on Common Equity	4.3	7.45	20.17	10.44	4.34
Margin Analysis
Gross Profit Margin %	31.3	27.9	21.07	17.84	15.41
SG&A Margin	26.9	22.41	8.26	9.57	10.36
EBITDA Margin %	14.59	14.86	19.17	16.24	15.22
EBITA Margin %	4.4	5.49	12.81	8.27	5.05
EBIT Margin %	4.4	5.49	12.81	8.27	5.05
Income From Continuing Operations Margin %	2.86	4.21	8.56	6.39	2.76
Net Income Margin %	2.8	4.14	8.54	6.38	2.81
Net Avail. For Common Margin %	2.8	4.14	8.54	6.38	2.81
Normalized Net Income Margin	2.49	3.37	7.82	5.44	2.66
Levered Free Cash Flow Margin	1.3	-2.77	7.74	-1.95	6.28
Unlevered Free Cash Flow Margin	1.75	-2.35	8.02	-1.51	7.02
Asset Turnover
Asset Turnover	0.67	0.72	0.97	0.71	0.68
Fixed Assets Turnover	1.19	1.4	2.09	1.76	1.82
Receivables Turnover (Average Receivables)	7.38	7.37	8.17	5.72	5.67
Inventory Turnover (Average Inventory)	17.51	21.67	21.62	14.84	16.15
Short Term Liquidity
Current Ratio	1.33	1.52	2.01	1.95	1.72
Quick Ratio	0.96	0.88	1.51	1.25	1.15
Operating Cash Flow to Current Liabilities	0.62	0.24	0.8	0.49	0.6
Days Sales Outstanding (Average Receivables)	49.49	49.55	44.7	64.01	64.32
Days Outstanding Inventory (Average Inventory)	20.85	16.84	16.88	24.66	22.59
Average Days Payable Outstanding	24.89	18.67	9.57	13.48	16.24
Cash Conversion Cycle (Average Days)	45.45	47.72	52.01	75.18	70.67
Long Term Solvency
Total Debt/Equity	89.13	95.85	78.2	82.01	73.16
Total Debt / Total Capital	47.13	48.94	43.88	45.06	42.25
LT Debt/Equity	79.26	88.92	72.75	73.29	68.23
Long-Term Debt / Total Capital	41.91	45.4	40.82	40.27	39.4
Total Liabilities / Total Assets	56.97	60.94	55.62	55.43	53.27
EBIT / Interest Expense	6.15	8.14	27.84	11.59	4.26
EBITDA / Interest Expense	20.39	22.03	41.67	22.76	12.86
(EBITDA - Capex) / Interest Expense	6.72	10.47	31.72	13.26	6.9
Total Debt / EBITDA	4.08	3.78	1.97	3.29	3.28
Net Debt / EBITDA	3.46	3.21	1.25	2.44	2.67
Total Debt / (EBITDA - Capex)	12.38	7.95	2.59	5.64	6.12
Net Debt / (EBITDA - Capex)	10.5	6.76	1.64	4.2	4.98
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.32	21.53	53.35	-19	-1.04
Gross Profit, 1 Yr. Growth %	-4.95	8.34	15.8	-31.44	-14.52
EBITDA, 1 Yr. Growth %	-5.05	23.78	97.91	-31.41	-7.24
EBITA, 1 Yr. Growth %	-23.48	51.63	257.86	-47.73	-39.59
EBIT, 1 Yr. Growth %	-23.48	51.63	257.86	-47.73	-39.59
Earnings From Cont. Operations, 1 Yr. Growth %	15.85	78.86	211.85	-39.56	-57.29
Net Income, 1 Yr. Growth %	14.11	79.26	216.54	-39.51	-56.34
Normalized Net Income, 1 Yr. Growth %	-31.33	64.33	255.99	-43.62	-51.62
Diluted EPS Before Extra, 1 Yr. Growth %	14.47	79.81	220.54	-36.34	-53.33
Accounts Receivable, 1 Yr. Growth %	-1.32	44.97	33.78	2.13	-2.65
Inventory, 1 Yr. Growth %	-23.49	37.72	90.42	-12.65	0.79
Net Property, Plant and Equip., 1 Yr. Growth %	2.5	4.91	0.86	-8.68	0.56
Total Assets, 1 Yr. Growth %	7.91	17.48	11.33	8.58	-0.87
Tangible Book Value, 1 Yr. Growth %	-13.64	8.01	34.2	-18.47	-4.7
Common Equity, 1 Yr. Growth %	0.52	6.36	26.99	8.81	1.75
Cash From Operations, 1 Yr. Growth %	-16.56	-43.18	235.36	-31.99	9.63
Capital Expenditures, 1 Yr. Growth %	-2.82	-3.16	-9.9	19.96	2.88
Levered Free Cash Flow, 1 Yr. Growth %	-65.68	-359.71	-527.63	-120.47	-417.97
Unlevered Free Cash Flow, 1 Yr. Growth %	-58.31	-263.82	-622.99	-115.23	-560.44
Dividend Per Share, 1 Yr. Growth %	0	8.33	0	7.69	14.29
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.16	5.56	36.52	11.45	-10.47
Gross Profit, 2 Yr. CAGR %	-0.22	1.48	12.01	-10.9	-23.45
EBITDA, 2 Yr. CAGR %	0.37	8.41	56.52	16.51	-20.24
EBITA, 2 Yr. CAGR %	-8.95	7.72	132.94	36.77	-43.81
EBIT, 2 Yr. CAGR %	-8.95	7.72	132.94	36.77	-43.81
Earnings From Cont. Operations, 2 Yr. CAGR %	-22.63	43.95	136.18	37.28	-49.19
Net Income, 2 Yr. CAGR %	-23.48	43.03	138.21	38.38	-48.61
Normalized Net Income, 2 Yr. CAGR %	-11.48	6.23	141.87	41.67	-47.77
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.65	43.47	140.08	42.85	-45.49
Accounts Receivable, 2 Yr. CAGR %	-8.45	19.61	39.26	16.89	-0.29
Inventory, 2 Yr. CAGR %	-12.63	2.65	61.94	28.97	-6.17
Net Property, Plant and Equip., 2 Yr. CAGR %	2.44	3.7	2.87	-4.02	-4.17
Total Assets, 2 Yr. CAGR %	6.2	12.59	14.36	9.95	3.75
Tangible Book Value, 2 Yr. CAGR %	-9.1	-3.42	20.39	4.6	-11.85
Common Equity, 2 Yr. CAGR %	-0.23	3.4	16.22	17.55	5.22
Cash From Operations, 2 Yr. CAGR %	34.49	-31.14	38.04	51.02	-13.65
Capital Expenditures, 2 Yr. CAGR %	1.33	-2.99	-6.59	3.96	11.09
Levered Free Cash Flow, 2 Yr. CAGR %	-47.34	-5.58	233.26	-6.45	-19.33
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.2	-17.36	192.7	-10.75	-16.25
Dividend Per Share, 2 Yr. CAGR %	0	4.08	4.08	3.77	10.94
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.23	3.01	19.55	14.71	7.12
Gross Profit, 3 Yr. CAGR %	-1.23	2.56	6.04	-4.9	-12.12
EBITDA, 3 Yr. CAGR %	-2.94	7.64	32.5	18.89	7.98
EBITA, 3 Yr. CAGR %	-12.57	7.92	60.73	41.55	4.16
EBIT, 3 Yr. CAGR %	-12.57	7.92	60.73	41.55	4.16
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.48	2.3	86.26	49.94	-6.98
Net Income, 3 Yr. CAGR %	-12.93	1.63	86.39	50.85	-5.79
Normalized Net Income, 3 Yr. CAGR %	-14.12	8.79	58.97	48.85	-0.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-11.89	2.47	87.55	54.24	-1.62
Accounts Receivable, 3 Yr. CAGR %	0.03	6.7	24.16	25.58	9.98
Inventory, 3 Yr. CAGR %	-0.18	1.68	26.13	31.82	18.8
Net Property, Plant and Equip., 3 Yr. CAGR %	1.91	3.25	2.75	-1.13	-2.52
Total Assets, 3 Yr. CAGR %	5.46	9.83	12.17	12.4	6.22
Tangible Book Value, 3 Yr. CAGR %	-6.28	-3.73	7.77	5.72	1.4
Common Equity, 3 Yr. CAGR %	0.52	1.92	10.73	13.7	12.03
Cash From Operations, 3 Yr. CAGR %	-0.54	0.92	16.72	9.03	35.73
Capital Expenditures, 3 Yr. CAGR %	-0.95	-0.19	-5.35	1.53	3.6
Levered Free Cash Flow, 3 Yr. CAGR %	-2.87	-10.36	56.21	31.48	40.66
Unlevered Free Cash Flow, 3 Yr. CAGR %	-1.53	-12.64	52.87	9.28	54.22
Dividend Per Share, 3 Yr. CAGR %	2.94	2.7	2.7	5.27	7.17
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.3	6.21	13.1	6.31	6.49
Gross Profit, 5 Yr. CAGR %	-3.07	2.26	3.87	-3.05	-6.91
EBITDA, 5 Yr. CAGR %	-5.25	7.33	17.5	11.1	8.16
EBITA, 5 Yr. CAGR %	-16.56	14.66	29.38	18.65	5.57
EBIT, 5 Yr. CAGR %	-16.56	15.08	29.38	18.65	5.57
Earnings From Cont. Operations, 5 Yr. CAGR %	-14.88	10.81	30.18	15.08	10.77
Net Income, 5 Yr. CAGR %	-15.06	10.8	30.23	14.98	11.33
Normalized Net Income, 5 Yr. CAGR %	-17.77	16.34	29.95	20.91	1.85
Diluted EPS Before Extra, 5 Yr. CAGR %	-13.62	11.89	31.57	17.03	14.41
Accounts Receivable, 5 Yr. CAGR %	1.11	9.6	14.18	10.67	13.73
Inventory, 5 Yr. CAGR %	-0.25	8.28	21.14	11.82	12.05
Net Property, Plant and Equip., 5 Yr. CAGR %	2.66	2.43	2.29	0.28	-0.08
Total Assets, 5 Yr. CAGR %	3.99	7.6	8.93	9.88	8.72
Tangible Book Value, 5 Yr. CAGR %	-2.28	-1.94	3.59	-0.48	-0.56
Common Equity, 5 Yr. CAGR %	0.95	2.18	6.53	7.91	8.49
Cash From Operations, 5 Yr. CAGR %	-6.34	-9.46	13.4	18.57	3.46
Capital Expenditures, 5 Yr. CAGR %	-2.41	0.15	-3.25	1.45	0.91
Levered Free Cash Flow, 5 Yr. CAGR %	-25.25	64.72	59.04	-8.81	19.93
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.86	33.05	52.25	-11.88	20.16
Dividend Per Share, 5 Yr. CAGR %	1.76	3.4	3.4	3.13	5.92