Toho Gas（59W）株式概要東邦ガス(株)は、国内外においてガス事業、LPG・その他エネルギー事業、電力事業等を行っている。 詳細59W ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績5/6財務の健全性5/6配当金5/6報酬株価収益率（ 15 x） German市場（ 16.9 x）を下回っています。過去1年間で収益は23.6%増加しました 1.74%の安定した配当金を支払う リスク分析今後3年間の収益は年平均7.9%減少すると予測されている。 すべてのリスクチェックを見る59W Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€6.901.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0706b2016201920222025202620282031Revenue JP¥654.3bEarnings JP¥31.6bAdvancedSet Fair ValueView all narrativesToho Gas Co., Ltd. 競合他社MVV EnergieSymbol: XTRA:MVV1Market cap: €2.0bMainovaSymbol: DB:MNV6Market cap: €2.4bLechwerkeSymbol: DB:LECMarket cap: €2.4bGelsenwasserSymbol: DB:WWGMarket cap: €1.9b価格と性能株価の高値、安値、推移の概要Toho Gas過去の株価現在の株価JP¥6.9052週高値JP¥7.6552週安値JP¥5.80ベータ-0.0181ヶ月の変化2.99%3ヶ月変化-7.38%1年変化12.20%3年間の変化61.40%5年間の変化-39.74%IPOからの変化-33.33%最新ニュースBoard Change • 8hLess than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Outside Director Michiyo Hamada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yuuta Nakanishi was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • Mar 31Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 4.4% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 4.4% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2026. As of March 30, 2026, the company had 90,992,130 shares outstanding (excluding treasury shares) and 7,227,955 shares in treasury.お知らせ • Jan 30Toho Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Toho Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026お知らせ • Dec 03Toho Gas Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Toho Gas Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026お知らせ • Sep 30Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.31% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.31% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until March 31, 2026. As of September 29, 2025, the company had 94,073,506 shares outstanding (excluding treasury shares) and 4,146,579 shares in treasury.最新情報をもっと見るRecent updatesBoard Change • 8hLess than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Outside Director Michiyo Hamada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yuuta Nakanishi was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.お知らせ • Mar 31Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 4.4% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 4.4% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2026. As of March 30, 2026, the company had 90,992,130 shares outstanding (excluding treasury shares) and 7,227,955 shares in treasury.お知らせ • Jan 30Toho Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Toho Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026お知らせ • Dec 03Toho Gas Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Toho Gas Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026お知らせ • Sep 30Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.31% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.31% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until March 31, 2026. As of September 29, 2025, the company had 94,073,506 shares outstanding (excluding treasury shares) and 4,146,579 shares in treasury.お知らせ • Jul 31Toho Gas Co., Ltd. to Report Q2, 2026 Results on Oct 28, 2025Toho Gas Co., Ltd. announced that they will report Q2, 2026 results on Oct 28, 2025お知らせ • May 14Toho Gas Co., Ltd. to Report Q1, 2026 Results on Jul 30, 2025Toho Gas Co., Ltd. announced that they will report Q1, 2026 results on Jul 30, 2025お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2025Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2025.お知らせ • Mar 27Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.12% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.12% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2025. As of March 26, 2025, the company had 105,97,595,853 shares outstanding (excluding treasury shares) and 7,660,432 shares in treasury.お知らせ • Feb 03Toho Gas Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Toho Gas Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025New Risk • Nov 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin).お知らせ • Nov 05Toho Gas Co., Ltd. to Report Q3, 2025 Results on Jan 30, 2025Toho Gas Co., Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥42.37 (vs JP¥57.07 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.37 (down from JP¥57.07 in 2Q 2024). Revenue: JP¥147.3b (up 1.1% from 2Q 2024). Net income: JP¥4.33b (down 28% from 2Q 2024). Profit margin: 2.9% (down from 4.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to €22.40. The fair value is estimated to be €28.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 2.5% in 2 years. Earnings are forecast to decline by 3.4% in the next 2 years.Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.7%).Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥131 (vs JP¥177 in 1Q 2024)First quarter 2025 results: EPS: JP¥131 (down from JP¥177 in 1Q 2024). Revenue: JP¥146.1b (down 5.9% from 1Q 2024). Net income: JP¥13.7b (down 27% from 1Q 2024). Profit margin: 9.4% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Aug 01Toho Gas Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Toho Gas Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €28.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.45 per share.Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 186%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (15% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 12% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.お知らせ • Jun 08Toho Gas Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Toho Gas Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024お知らせ • Apr 27Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2024Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2024.Reported Earnings • Apr 26Full year 2024 earnings released: EPS: JP¥260 (vs JP¥321 in FY 2023)Full year 2024 results: EPS: JP¥260 (down from JP¥321 in FY 2023). Revenue: JP¥633.0b (down 10% from FY 2023). Net income: JP¥27.3b (down 19% from FY 2023). Profit margin: 4.3% (down from 4.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Mar 29Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 3.8% for ¥10,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.8% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to execute timely and flexible capital policy measures. The share repurchase program will run until September 30, 2024. As of February 29, 2024, the company had 105,141,299 shares outstanding (excluding treasury shares) and 114,986 shares in treasury.Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (7.1%).Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: JP¥8.34 (vs JP¥98.45 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.34 (down from JP¥98.45 in 3Q 2023). Revenue: JP¥148.7b (down 19% from 3Q 2023). Net income: JP¥877.0m (down 92% from 3Q 2023). Profit margin: 0.6% (down from 5.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.お知らせ • Feb 01Toho Gas Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024Toho Gas Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024お知らせ • Nov 09Toho Gas Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024Toho Gas Co., Ltd. announced that they will report Q3, 2024 results on Jan 30, 2024Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥57.07 (vs JP¥32.63 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥57.07 (up from JP¥32.63 loss in 2Q 2023). Revenue: JP¥145.6b (down 8.0% from 2Q 2023). Net income: JP¥6.00b (up JP¥9.43b from 2Q 2023). Profit margin: 4.1% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).お知らせ • Jul 29Toho Gas Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Toho Gas Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥177 (vs JP¥98.20 in 1Q 2023)First quarter 2024 results: EPS: JP¥177 (up from JP¥98.20 in 1Q 2023). Revenue: JP¥155.3b (up 7.4% from 1Q 2023). Net income: JP¥18.6b (up 80% from 1Q 2023). Profit margin: 12% (up from 7.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • May 15Toho Gas Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023Toho Gas Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥321 (vs JP¥147 in FY 2022)Full year 2023 results: EPS: JP¥321 (up from JP¥147 in FY 2022). Revenue: JP¥706.1b (up 37% from FY 2022). Net income: JP¥33.7b (up 118% from FY 2022). Profit margin: 4.8% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%).Reported Earnings • Jan 29Third quarter 2023 earnings released: EPS: JP¥98.45 (vs JP¥9.32 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.45 (up from JP¥9.32 in 3Q 2022). Revenue: JP¥183.2b (up 43% from 3Q 2022). Net income: JP¥10.3b (up JP¥9.37b from 3Q 2022). Profit margin: 5.6% (up from 0.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.お知らせ • Jan 27Toho Gas Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2023Toho Gas Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2023お知らせ • Nov 30Toho Gas Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023Toho Gas Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥32.63 loss per share (vs JP¥22.75 loss in 2Q 2022)Second quarter 2023 results: JP¥32.63 loss per share (further deteriorated from JP¥22.75 loss in 2Q 2022). Revenue: JP¥158.3b (up 51% from 2Q 2022). Net loss: JP¥3.43b (loss widened 43% from 2Q 2022). Revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 2.7% decline forecast for the Gas Utilities industry in Europe.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taku Oshima was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 28Second quarter 2023 earnings released: JP¥32.63 loss per share (vs JP¥22.75 loss in 2Q 2022)Second quarter 2023 results: JP¥32.63 loss per share (further deteriorated from JP¥22.75 loss in 2Q 2022). Revenue: JP¥158.3b (up 51% from 2Q 2022). Net loss: JP¥3.43b (loss widened 43% from 2Q 2022). Revenue is forecast to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.9%).お知らせ • Sep 13Toho Gas Co., Ltd. to Report First Half, 2023 Results on Oct 27, 2022Toho Gas Co., Ltd. announced that they will report first half, 2023 results on Oct 27, 2022Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥98.20 (vs JP¥50.42 in 1Q 2022)First quarter 2023 results: EPS: JP¥98.20 (up from JP¥50.42 in 1Q 2022). Revenue: JP¥144.5b (up 41% from 1Q 2022). Net income: JP¥10.3b (up 94% from 1Q 2022). Profit margin: 7.1% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.8% compared to a 12% decline forecast for the industry in Germany.お知らせ • Jun 29Toho Gas Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Gas Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥147 (vs JP¥81.36 in FY 2021)Full year 2022 results: EPS: JP¥147 (up from JP¥81.36 in FY 2021). Revenue: JP¥515.3b (up 19% from FY 2021). Net income: JP¥15.5b (up 80% from FY 2021). Profit margin: 3.0% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.9% compared to a 6.4% decline forecast for the industry in Germany.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taku Oshima was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.4%).お知らせ • Feb 25Toho Gas Co., Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022Toho Gas Co., Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022Reported Earnings • Jan 30Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥9.32 (down from JP¥11.40 in 3Q 2021). Revenue: JP¥128.2b (up 28% from 3Q 2021). Net income: JP¥982.0m (down 18% from 3Q 2021). Profit margin: 0.8% (down from 1.2% in 3Q 2021). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 1.4% compared to a 5.1% decline forecast for the industry in Germany.Reported Earnings • Oct 30Second quarter 2022 earnings released: JP¥22.75 loss per share (vs JP¥47.58 profit in 2Q 2021)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥105.1b (up 4.0% from 2Q 2021). Net loss: JP¥2.40b (down 148% from profit in 2Q 2021).Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €30.20, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €36.01 per share.Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.1%).Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥50.42 (vs JP¥63.79 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥102.8b (up 1.1% from 1Q 2021). Net income: JP¥5.32b (down 21% from 1Q 2021). Profit margin: 5.2% (down from 6.6% in 1Q 2021).Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥81.36 (vs JP¥154 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥434.8b (down 11% from FY 2020). Net income: JP¥8.59b (down 47% from FY 2020). Profit margin: 2.0% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue.Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (6.2%).お知らせ • Mar 14Toho Gas Co., Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021Toho Gas Co., Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021Is New 90 Day High Low • Mar 04New 90-day low: €47.92The company is down 6.0% from its price of €51.00 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.06 per share.Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥11.40 (vs JP¥13.53 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥99.9b (down 9.1% from 3Q 2020). Net income: JP¥1.20b (down 16% from 3Q 2020). Profit margin: 1.2% (down from 1.3% in 3Q 2020). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Feb 03Revenue misses expectationsRevenue missed analyst estimates by 9.2%. Over the next year, revenue is expected to shrink by 2.2% compared to a 3.0% growth forecast for the Gas Utilities industry in Germany.Is New 90 Day High Low • Nov 19New 90-day high: €54.00The company is up 41% from its price of €38.20 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.94 per share.Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 6.9% compared to a 1.7% growth forecast for the Gas Utilities industry in Germany.Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥47.58The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥101.1b (down 8.0% from 2Q 2020). Net income: JP¥5.02b (up 126% from 2Q 2020). Profit margin: 5.0% (up from 2.0% in 2Q 2020). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Nov 03New 90-day high: €45.60The company is up 19% from its price of €38.20 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.75 per share.Analyst Estimate Surprise Post Earnings • Nov 03Revenue beats expectationsRevenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 6.9% compared to a 2.6% growth forecast for the Gas Utilities industry in Germany.Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥13.2b, down 48% from the prior year. Total revenue was JP¥458.2b over the last 12 months, down 6.6% from the prior year.お知らせ • Sep 03Toho Gas Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020Toho Gas Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020株主還元59WDE Gas UtilitiesDE 市場7D3.8%0.5%2.0%1Y12.2%20.1%-0.1%株主還元を見る業界別リターン: 59W過去 1 年間で20.1 % の収益を上げたGerman Gas Utilities業界を下回りました。リターン対市場: 59W過去 1 年間で-0.1 % の収益を上げたGerman市場を上回りました。価格変動Is 59W's price volatile compared to industry and market?59W volatility59W Average Weekly Movement4.5%Gas Utilities Industry Average Movement3.3%Market Average Movement6.2%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.7%安定した株価: 59W 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 59Wの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19226,074Satoshi Yamazakiwww.tohogas.co.jp東邦ガス株式会社は、国内外においてガス事業、LPG・その他エネルギー事業、電力事業等を展開している。天然ガスをはじめとするエネルギー資源の開発・購入・販売、LNG・LPG・液化炭酸ガスなどの高圧ガスの製造・輸送・販売、コークス・タール・原油製品の販売、メタノール・可塑剤などの化学工業製品の製造・販売などを行っている。また、ガス機器、空調機器、厨房機器、給排水機器、家電・ガス機器の製造・販売、舗装資材、自動車、日用雑貨品、食料品の販売、土木・建築・配線・配管・機械工事の設計・監理・施工、大気汚染・水質汚濁防止・廃棄物処理・土壌浄化工事の設計・製造・販売も行っている。さらに、不動産の売買・賃貸・管理、情報処理および関連サービスの提供、コンピューター・ハードウェアおよびソフトウェアの製造・リース・販売、警備事業、警備・防災機器の販売・リースも行っている。その他、料理・文化教室・スポーツ施設の運営、飲食店・旅行代理店業、総合リース・ファイナンス業、損害保険代理店業・生命保険募集業、調査・研究・コンサルティング業などを行っている。また、プラント・設備の設計・施工、情報処理サービス、ガス設備の保安点検、住宅設備機器の販売、LPG配管工事、コークス・石油製品の販売、配管工事・ガス器具の販売なども行っている。東邦ガス株式会社は1922年に設立され、名古屋市に本社を置く。もっと見るToho Gas Co., Ltd. 基礎のまとめToho Gas の収益と売上を時価総額と比較するとどうか。59W 基礎統計学時価総額€2.55b収益（TTM）€170.23m売上高(TTM)€3.52b15.0xPER（株価収益率0.7xP/Sレシオ59W は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計59W 損益計算書（TTM）収益JP¥651.09b売上原価JP¥471.79b売上総利益JP¥179.30bその他の費用JP¥147.85b収益JP¥31.45b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）86.41グロス・マージン27.54%純利益率4.83%有利子負債／自己資本比率32.1%59W の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.7%現在の配当利回り27%配当性向59W 配当は確実ですか？59W 配当履歴とベンチマークを見る59W 、いつまでに購入すれば配当金を受け取れますか？Toho Gas 配当日配当落ち日Mar 30 2026配当支払日Jun 26 2026配当落ちまでの日数52 days配当支払日までの日数36 days59W 配当は確実ですか？59W 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 06:55終値2026/05/20 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Toho Gas Co., Ltd. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Takahiro MoriBofA Global ResearchTakashi MiyazakiCitigroup IncSyusaku NishikawaDaiwa Securities Co. Ltd.10 その他のアナリストを表示
Board Change • 8hLess than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Outside Director Michiyo Hamada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yuuta Nakanishi was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • Mar 31Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 4.4% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 4.4% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2026. As of March 30, 2026, the company had 90,992,130 shares outstanding (excluding treasury shares) and 7,227,955 shares in treasury.
お知らせ • Jan 30Toho Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Toho Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026
お知らせ • Dec 03Toho Gas Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Toho Gas Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
お知らせ • Sep 30Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.31% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.31% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until March 31, 2026. As of September 29, 2025, the company had 94,073,506 shares outstanding (excluding treasury shares) and 4,146,579 shares in treasury.
Board Change • 8hLess than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 4 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Outside Director Michiyo Hamada is the most experienced director on the board, commencing their role in 2014. Independent Outside Director Yuuta Nakanishi was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.
お知らせ • Mar 31Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 4.4% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 4.4% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2026. As of March 30, 2026, the company had 90,992,130 shares outstanding (excluding treasury shares) and 7,227,955 shares in treasury.
お知らせ • Jan 30Toho Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Toho Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026
お知らせ • Dec 03Toho Gas Co., Ltd. to Report Q3, 2026 Results on Jan 30, 2026Toho Gas Co., Ltd. announced that they will report Q3, 2026 results on Jan 30, 2026
お知らせ • Sep 30Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.31% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.31% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until March 31, 2026. As of September 29, 2025, the company had 94,073,506 shares outstanding (excluding treasury shares) and 4,146,579 shares in treasury.
お知らせ • Jul 31Toho Gas Co., Ltd. to Report Q2, 2026 Results on Oct 28, 2025Toho Gas Co., Ltd. announced that they will report Q2, 2026 results on Oct 28, 2025
お知らせ • May 14Toho Gas Co., Ltd. to Report Q1, 2026 Results on Jul 30, 2025Toho Gas Co., Ltd. announced that they will report Q1, 2026 results on Jul 30, 2025
お知らせ • Apr 30Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2025Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2025.
お知らせ • Mar 27Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 5,000,000 shares, representing 5.12% for ¥15,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 5.12% of its share capital, for ¥15,000 million. The company will repurchase its shares in order to implement flexible capital policies. The share repurchase program will run until September 30, 2025. As of March 26, 2025, the company had 105,97,595,853 shares outstanding (excluding treasury shares) and 7,660,432 shares in treasury.
お知らせ • Feb 03Toho Gas Co., Ltd. to Report Fiscal Year 2025 Results on Apr 30, 2025Toho Gas Co., Ltd. announced that they will report fiscal year 2025 results on Apr 30, 2025
New Risk • Nov 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.09% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.09% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (3.3% net profit margin).
お知らせ • Nov 05Toho Gas Co., Ltd. to Report Q3, 2025 Results on Jan 30, 2025Toho Gas Co., Ltd. announced that they will report Q3, 2025 results on Jan 30, 2025
Reported Earnings • Nov 01Second quarter 2025 earnings released: EPS: JP¥42.37 (vs JP¥57.07 in 2Q 2024)Second quarter 2025 results: EPS: JP¥42.37 (down from JP¥57.07 in 2Q 2024). Revenue: JP¥147.3b (up 1.1% from 2Q 2024). Net income: JP¥4.33b (down 28% from 2Q 2024). Profit margin: 2.9% (down from 4.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 26Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to €22.40. The fair value is estimated to be €28.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 2.5% in 2 years. Earnings are forecast to decline by 3.4% in the next 2 years.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.7%).
Reported Earnings • Aug 02First quarter 2025 earnings released: EPS: JP¥131 (vs JP¥177 in 1Q 2024)First quarter 2025 results: EPS: JP¥131 (down from JP¥177 in 1Q 2024). Revenue: JP¥146.1b (down 5.9% from 1Q 2024). Net income: JP¥13.7b (down 27% from 1Q 2024). Profit margin: 9.4% (down from 12% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.6% growth forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Aug 01Toho Gas Co., Ltd. to Report Q2, 2025 Results on Oct 30, 2024Toho Gas Co., Ltd. announced that they will report Q2, 2025 results on Oct 30, 2024
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €28.20, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.45 per share.
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 186%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (15% earnings payout ratio) and cash flows (84% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 12% over the next 3 years. However, it would need to fall by 83% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Jun 08Toho Gas Co., Ltd. to Report Q1, 2025 Results on Jul 31, 2024Toho Gas Co., Ltd. announced that they will report Q1, 2025 results on Jul 31, 2024
お知らせ • Apr 27Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2024Toho Gas Co., Ltd., Annual General Meeting, Jun 25, 2024.
Reported Earnings • Apr 26Full year 2024 earnings released: EPS: JP¥260 (vs JP¥321 in FY 2023)Full year 2024 results: EPS: JP¥260 (down from JP¥321 in FY 2023). Revenue: JP¥633.0b (down 10% from FY 2023). Net income: JP¥27.3b (down 19% from FY 2023). Profit margin: 4.3% (down from 4.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29Toho Gas Co., Ltd. (TSE:9533) announces an Equity Buyback for 4,000,000 shares, representing 3.8% for ¥10,000 million.Toho Gas Co., Ltd. (TSE:9533) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.8% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to execute timely and flexible capital policy measures. The share repurchase program will run until September 30, 2024. As of February 29, 2024, the company had 105,141,299 shares outstanding (excluding treasury shares) and 114,986 shares in treasury.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (7.1%).
Reported Earnings • Feb 01Third quarter 2024 earnings released: EPS: JP¥8.34 (vs JP¥98.45 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.34 (down from JP¥98.45 in 3Q 2023). Revenue: JP¥148.7b (down 19% from 3Q 2023). Net income: JP¥877.0m (down 92% from 3Q 2023). Profit margin: 0.6% (down from 5.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 5.7% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings.
お知らせ • Feb 01Toho Gas Co., Ltd. to Report Fiscal Year 2024 Results on Apr 25, 2024Toho Gas Co., Ltd. announced that they will report fiscal year 2024 results on Apr 25, 2024
お知らせ • Nov 09Toho Gas Co., Ltd. to Report Q3, 2024 Results on Jan 30, 2024Toho Gas Co., Ltd. announced that they will report Q3, 2024 results on Jan 30, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings released: EPS: JP¥57.07 (vs JP¥32.63 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥57.07 (up from JP¥32.63 loss in 2Q 2023). Revenue: JP¥145.6b (down 8.0% from 2Q 2023). Net income: JP¥6.00b (up JP¥9.43b from 2Q 2023). Profit margin: 4.1% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue is expected to fall by 4.1% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Gas Utilities industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 30 November 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%).
お知らせ • Jul 29Toho Gas Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Toho Gas Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥177 (vs JP¥98.20 in 1Q 2023)First quarter 2024 results: EPS: JP¥177 (up from JP¥98.20 in 1Q 2023). Revenue: JP¥155.3b (up 7.4% from 1Q 2023). Net income: JP¥18.6b (up 80% from 1Q 2023). Profit margin: 12% (up from 7.1% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • May 15Toho Gas Co., Ltd. to Report Q1, 2024 Results on Jul 27, 2023Toho Gas Co., Ltd. announced that they will report Q1, 2024 results on Jul 27, 2023
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: JP¥321 (vs JP¥147 in FY 2022)Full year 2023 results: EPS: JP¥321 (up from JP¥147 in FY 2022). Revenue: JP¥706.1b (up 37% from FY 2022). Net income: JP¥33.7b (up 118% from FY 2022). Profit margin: 4.8% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥30.00 per share at 2.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.7%).
Reported Earnings • Jan 29Third quarter 2023 earnings released: EPS: JP¥98.45 (vs JP¥9.32 in 3Q 2022)Third quarter 2023 results: EPS: JP¥98.45 (up from JP¥9.32 in 3Q 2022). Revenue: JP¥183.2b (up 43% from 3Q 2022). Net income: JP¥10.3b (up JP¥9.37b from 3Q 2022). Profit margin: 5.6% (up from 0.8% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.
お知らせ • Jan 27Toho Gas Co., Ltd. to Report Fiscal Year 2023 Results on Apr 27, 2023Toho Gas Co., Ltd. announced that they will report fiscal year 2023 results on Apr 27, 2023
お知らせ • Nov 30Toho Gas Co., Ltd. to Report Q3, 2023 Results on Jan 27, 2023Toho Gas Co., Ltd. announced that they will report Q3, 2023 results on Jan 27, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥32.63 loss per share (vs JP¥22.75 loss in 2Q 2022)Second quarter 2023 results: JP¥32.63 loss per share (further deteriorated from JP¥22.75 loss in 2Q 2022). Revenue: JP¥158.3b (up 51% from 2Q 2022). Net loss: JP¥3.43b (loss widened 43% from 2Q 2022). Revenue is expected to fall by 2.6% p.a. on average during the next 3 years compared to a 2.7% decline forecast for the Gas Utilities industry in Europe.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taku Oshima was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 28Second quarter 2023 earnings released: JP¥32.63 loss per share (vs JP¥22.75 loss in 2Q 2022)Second quarter 2023 results: JP¥32.63 loss per share (further deteriorated from JP¥22.75 loss in 2Q 2022). Revenue: JP¥158.3b (up 51% from 2Q 2022). Net loss: JP¥3.43b (loss widened 43% from 2Q 2022). Revenue is forecast to decline by 3.6% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Europe are expected to remain flat.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.9%).
お知らせ • Sep 13Toho Gas Co., Ltd. to Report First Half, 2023 Results on Oct 27, 2022Toho Gas Co., Ltd. announced that they will report first half, 2023 results on Oct 27, 2022
Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥98.20 (vs JP¥50.42 in 1Q 2022)First quarter 2023 results: EPS: JP¥98.20 (up from JP¥50.42 in 1Q 2022). Revenue: JP¥144.5b (up 41% from 1Q 2022). Net income: JP¥10.3b (up 94% from 1Q 2022). Profit margin: 7.1% (up from 5.2% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.8% compared to a 12% decline forecast for the industry in Germany.
お知らせ • Jun 29Toho Gas Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Gas Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022
Reported Earnings • Apr 29Full year 2022 earnings released: EPS: JP¥147 (vs JP¥81.36 in FY 2021)Full year 2022 results: EPS: JP¥147 (up from JP¥81.36 in FY 2021). Revenue: JP¥515.3b (up 19% from FY 2021). Net income: JP¥15.5b (up 80% from FY 2021). Profit margin: 3.0% (up from 2.0% in FY 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.9% compared to a 6.4% decline forecast for the industry in Germany.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Taku Oshima was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 29 June 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (5.4%).
お知らせ • Feb 25Toho Gas Co., Ltd. to Report Fiscal Year 2022 Results on Apr 27, 2022Toho Gas Co., Ltd. announced that they will report fiscal year 2022 results on Apr 27, 2022
Reported Earnings • Jan 30Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: JP¥9.32 (down from JP¥11.40 in 3Q 2021). Revenue: JP¥128.2b (up 28% from 3Q 2021). Net income: JP¥982.0m (down 18% from 3Q 2021). Profit margin: 0.8% (down from 1.2% in 3Q 2021). Revenue exceeded analyst estimates by 12%. Over the next year, revenue is forecast to grow 1.4% compared to a 5.1% decline forecast for the industry in Germany.
Reported Earnings • Oct 30Second quarter 2022 earnings released: JP¥22.75 loss per share (vs JP¥47.58 profit in 2Q 2021)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: JP¥105.1b (up 4.0% from 2Q 2021). Net loss: JP¥2.40b (down 148% from profit in 2Q 2021).
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €30.20, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Gas Utilities industry in Europe. Total loss to shareholders of 28% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €36.01 per share.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 30 November 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (6.1%).
Reported Earnings • Jul 31First quarter 2022 earnings released: EPS JP¥50.42 (vs JP¥63.79 in 1Q 2021)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2022 results: Revenue: JP¥102.8b (up 1.1% from 1Q 2021). Net income: JP¥5.32b (down 21% from 1Q 2021). Profit margin: 5.2% (down from 6.6% in 1Q 2021).
Reported Earnings • Apr 30Full year 2021 earnings released: EPS JP¥81.36 (vs JP¥154 in FY 2020)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥434.8b (down 11% from FY 2020). Net income: JP¥8.59b (down 47% from FY 2020). Profit margin: 2.0% (down from 3.3% in FY 2020). The decrease in margin was driven by lower revenue.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥27.50 per shareEligible shareholders must have bought the stock before 30 March 2021. Payment date: 25 June 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (6.2%).
お知らせ • Mar 14Toho Gas Co., Ltd. to Report Fiscal Year 2021 Results on Apr 28, 2021Toho Gas Co., Ltd. announced that they will report fiscal year 2021 results on Apr 28, 2021
Is New 90 Day High Low • Mar 04New 90-day low: €47.92The company is down 6.0% from its price of €51.00 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Gas Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.06 per share.
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥11.40 (vs JP¥13.53 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥99.9b (down 9.1% from 3Q 2020). Net income: JP¥1.20b (down 16% from 3Q 2020). Profit margin: 1.2% (down from 1.3% in 3Q 2020). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue misses expectationsRevenue missed analyst estimates by 9.2%. Over the next year, revenue is expected to shrink by 2.2% compared to a 3.0% growth forecast for the Gas Utilities industry in Germany.
Is New 90 Day High Low • Nov 19New 90-day high: €54.00The company is up 41% from its price of €38.20 on 21 August 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €13.94 per share.
Analyst Estimate Surprise Post Earnings • Nov 17Revenue beats expectationsRevenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 6.9% compared to a 1.7% growth forecast for the Gas Utilities industry in Germany.
Reported Earnings • Nov 15Second quarter 2021 earnings released: EPS JP¥47.58The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥101.1b (down 8.0% from 2Q 2020). Net income: JP¥5.02b (up 126% from 2Q 2020). Profit margin: 5.0% (up from 2.0% in 2Q 2020). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Nov 03New 90-day high: €45.60The company is up 19% from its price of €38.20 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Gas Utilities industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.75 per share.
Analyst Estimate Surprise Post Earnings • Nov 03Revenue beats expectationsRevenue exceeded analyst estimates by 6.4%. Over the next year, revenue is expected to shrink by 6.9% compared to a 2.6% growth forecast for the Gas Utilities industry in Germany.
Reported Earnings • Nov 01First half earnings releasedOver the last 12 months the company has reported total profits of JP¥13.2b, down 48% from the prior year. Total revenue was JP¥458.2b over the last 12 months, down 6.6% from the prior year.
お知らせ • Sep 03Toho Gas Co., Ltd. to Report Q2, 2021 Results on Oct 29, 2020Toho Gas Co., Ltd. announced that they will report Q2, 2021 results on Oct 29, 2020
