Japanese Utilities Strong Balance Sheet Stocks

ToellLtd

Market Cap: JP¥14.7b

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

K&O Energy Group

Market Cap: JP¥77.8b

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

Hokuriku GasLtd

Market Cap: JP¥16.5b

Operates gas business in Japan.

eREXLtd

Market Cap: JP¥58.4b

Engages in the generation and supply of power in Japan.

Toho Gas

Market Cap: JP¥405.1b

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

Shizuoka Gas

Market Cap: JP¥80.4b

Produces, supplies, and sells city gas in Japan.

Earth InfinityLtd

Market Cap: JP¥14.8b

Engages in the electricity and gas retail businesses in Japan.

Nippon Gas

Market Cap: JP¥290.0b

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

Environment Friendly Holdings

Market Cap: JP¥10.5b

Engages in the renewable energy business.

Tokyo GasLtd

Market Cap: JP¥1.7t

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

Keiyo Gas

Market Cap: JP¥36.3b

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

HIROSHIMA GASLtd

Market Cap: JP¥24.2b

Engages in the gas business in Japan.

Hokkaido Gas

Market Cap: JP¥50.6b

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

Osaka Gas

Market Cap: JP¥1.5t

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