Japanese Utilities Strong Balance Sheet Stocks

ToellLtd

Market Cap: JP¥15.4b

Engages in the production, wholesale, and retail of liquefied petroleum gas (LPG) in Japan and internationally.

K&O Energy Group

Market Cap: JP¥86.5b

Engages in the development, production, supply, and sale of natural gas and iodine in Japan.

Hokuriku GasLtd

Market Cap: JP¥17.9b

Operates gas business in Japan.

eREXLtd

Market Cap: JP¥57.4b

Engages in the generation and supply of power in Japan.

Toho Gas

Market Cap: JP¥428.7b

Engages in the gas, LPG and other energy, electric power, and other businesses in Japan and internationally.

Shizuoka Gas

Market Cap: JP¥88.1b

Produces, supplies, and sells city gas in Japan.

Environment Friendly Holdings

Market Cap: JP¥17.5b

Engages in the renewable energy business.

Earth InfinityLtd

Market Cap: JP¥13.0b

Engages in the electricity and gas retail businesses in Japan.

Nippon Gas

Market Cap: JP¥302.4b

Engages in the supply and sale of LP gas and natural gas in Japan.

Tokyo GasLtd

Market Cap: JP¥1.8t

Engages in the production, supply, and sale of city gas and LNG in Japan.

Keiyo Gas

Market Cap: JP¥39.5b

Engages in the production, supply, and sale of gas in northwest of Chiba Prefecture, Japan.

HIROSHIMA GASLtd

Market Cap: JP¥26.3b

Engages in the gas business in Japan.

Rezil

Market Cap: JP¥52.4b

Provides electricity services to condominium residents and corporations in Japan.

Hokkaido Gas

Market Cap: JP¥60.5b

Engages in gas, and heat and power supply businesses in Japan.

Osaka Gas

Market Cap: JP¥1.7t

Provides gas, electricity, and other energy products and services in Japan and internationally.