View ValuationNippon Gas 将来の成長Future 基準チェック /26Nippon Gas利益と収益がそれぞれ年間3.3%と1.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に25.4% 4.8%なると予測されています。主要情報3.3%収益成長率4.78%EPS成長率Gas Utilities 収益成長-4.5%収益成長率1.4%将来の株主資本利益率25.35%アナリストカバレッジLow最終更新日19 May 2026今後の成長に関する最新情報Price Target Changed • Apr 30Price target increased by 7.2% to JP¥3,470Up from JP¥3,237, the current price target is an average from 3 analysts. New target price is 30% above last closing price of JP¥2,676. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥104 last year.Price Target Changed • Aug 21Price target increased by 8.5% to JP¥3,050Up from JP¥2,810, the current price target is an average from 3 analysts. New target price is 5.0% above last closing price of JP¥2,904. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥104 last year.Price Target Changed • Aug 19Price target decreased by 11% to JP¥2,838Down from JP¥3,190, the current price target is an average from 4 analysts. New target price is 23% above last closing price of JP¥2,314. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥95.63 last year.Price Target Changed • Mar 15Price target increased by 7.3% to JP¥3,163Up from JP¥2,948, the current price target is an average from 4 analysts. New target price is 28% above last closing price of JP¥2,478. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥100 for next year compared to JP¥93.12 last year.Price Target Changed • May 03Price target decreased by 10% to JP¥2,447Down from JP¥2,720, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥1,924. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥93.12 last year.お知らせ • Feb 01Nippon Gas Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nippon Gas Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of ¥190,000 million, Operating income of ¥16,500 million, Profit attributable to owners of parent of ¥11,000 million or ¥96.44 basic per share.すべての更新を表示Recent updatesお知らせ • May 15Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,500,000 shares, representing 1.41% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to increase ROE. The program will continue through March 31, 2027. As of April 30, 2026, the company had 106,506,178 issued shares (excluding treasury stock) and 6,321,020 treasury shares.Reported Earnings • May 01Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: JP¥137 (up from JP¥104 in FY 2025). Revenue: JP¥208.5b (up 4.2% from FY 2025). Net income: JP¥14.8b (up 28% from FY 2025). Profit margin: 7.1% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.お知らせ • Apr 30Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.Price Target Changed • Apr 30Price target increased by 7.2% to JP¥3,470Up from JP¥3,237, the current price target is an average from 3 analysts. New target price is 30% above last closing price of JP¥2,676. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥104 last year.お知らせ • Apr 15Nippon Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Nippon Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026Upcoming Dividend • Mar 23Upcoming dividend of JP¥51.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).Buy Or Sell Opportunity • Mar 08Now 20% undervaluedOver the last 90 days, the stock has risen 1.9% to JP¥3,055. The fair value is estimated to be JP¥3,824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.Buy Or Sell Opportunity • Feb 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥3,032. The fair value is estimated to be JP¥3,830, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.New Risk • Feb 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Feb 05Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: JP¥38.62 (down from JP¥38.85 in 3Q 2025). Revenue: JP¥53.8b (up 3.7% from 3Q 2025). Net income: JP¥4.19b (down 2.4% from 3Q 2025). Profit margin: 7.8% (down from 8.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 04Is Nippon Gas (TSE:8174) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Buy Or Sell Opportunity • Jan 15Now 20% undervaluedOver the last 90 days, the stock has risen 9.4% to JP¥3,001. The fair value is estimated to be JP¥3,760, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.分析記事 • Jan 10Nippon Gas' (TSE:8174) Dividend Will Be ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...分析記事 • Jan 07Why We Like The Returns At Nippon Gas (TSE:8174)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Buy Or Sell Opportunity • Dec 19Now 20% undervaluedOver the last 90 days, the stock has risen 5.4% to JP¥2,996. The fair value is estimated to be JP¥3,749, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.分析記事 • Dec 05Nippon Gas' (TSE:8174) Dividend Will Be ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...お知らせ • Dec 05Nippon Gas Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Nippon Gas Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026分析記事 • Nov 20Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...Declared Dividend • Nov 20First half dividend of JP¥51.50 announcedShareholders will receive a dividend of JP¥51.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Oct 30Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥7.41 (up from JP¥1.41 in 2Q 2025). Revenue: JP¥42.3b (up 2.1% from 2Q 2025). Net income: JP¥808.0m (up 418% from 2Q 2025). Profit margin: 1.9% (up from 0.4% in 2Q 2025). Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • Oct 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 4,000,000 shares, representing 3.68% for ¥9,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.68% of its issued share capital (excluding treasury stock), for a total purchase price of ¥9,000 million. The purpose of the program is to optimize capital-to-asset ratio and to reduce shareholder’s equity. The program will continue through March 31, 2026. As of September 30, 2025, the company had 108,741,184 issued shares (excluding treasury stock) and 4,086,014 treasury shares.分析記事 • Oct 20Nippon Gas Co., Ltd.'s (TSE:8174) Share Price Not Quite Adding UpNippon Gas Co., Ltd.'s ( TSE:8174 ) price-to-earnings (or "P/E") ratio of 23.9x might make it look like a strong sell...Upcoming Dividend • Sep 22Upcoming dividend of JP¥51.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 19 November 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).Buy Or Sell Opportunity • Sep 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.0% to JP¥2,838. The fair value is estimated to be JP¥3,550, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.分析記事 • Sep 04Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd.'s ( TSE:8174 ) dividend will be increasing from last year's payment of the same period to ¥51.50...お知らせ • Sep 04Nippon Gas Co., Ltd. to Report Q2, 2026 Results on Oct 28, 2025Nippon Gas Co., Ltd. announced that they will report Q2, 2026 results on Oct 28, 2025Buy Or Sell Opportunity • Aug 29Now 20% undervaluedOver the last 90 days, the stock has risen 9.6% to JP¥2,829. The fair value is estimated to be JP¥3,539, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.分析記事 • Aug 27Why We Like The Returns At Nippon Gas (TSE:8174)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Price Target Changed • Aug 21Price target increased by 8.5% to JP¥3,050Up from JP¥2,810, the current price target is an average from 3 analysts. New target price is 5.0% above last closing price of JP¥2,904. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥104 last year.分析記事 • Aug 07Nippon Gas' (TSE:8174) Upcoming Dividend Will Be Larger Than Last Year'sNippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be increasing its dividend from last year's comparable...Reported Earnings • Jul 30First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥24.12 (up from JP¥13.02 in 1Q 2025). Revenue: JP¥45.9b (up 2.8% from 1Q 2025). Net income: JP¥2.63b (up 81% from 1Q 2025). Profit margin: 5.7% (up from 3.3% in 1Q 2025). Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.分析記事 • Jul 24Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be increasing its dividend from last year's comparable...分析記事 • Jul 10Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥51.50Nippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 19th of...Declared Dividend • Jul 09Final dividend of JP¥51.50 announcedShareholders will receive a dividend of JP¥51.50. Ex-date: 29th September 2025 Payment date: 19th November 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.1% to bring the payout ratio under control. EPS is expected to grow by 31% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Jun 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥104 (up from JP¥95.63 in FY 2024). Revenue: JP¥200.1b (up 2.9% from FY 2024). Net income: JP¥11.5b (up 6.7% from FY 2024). Profit margin: 5.8% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jun 18Are Investors Undervaluing Nippon Gas Co., Ltd. (TSE:8174) By 25%?Key Insights The projected fair value for Nippon Gas is JP¥3,540 based on 2 Stage Free Cash Flow to Equity Current...Board Change • Jun 18Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Kunihiko Kashiwaya is the most experienced director on the board, commencing their role in 2013. Outside Independent Directors Tsuyoshi Yamada was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.お知らせ • Jun 05Nippon Gas Co., Ltd. to Report Q1, 2026 Results on Jul 29, 2025Nippon Gas Co., Ltd. announced that they will report Q1, 2026 results on Jul 29, 2025お知らせ • May 01Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2025Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2025.Upcoming Dividend • Mar 21Upcoming dividend of JP¥46.25 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.2%).お知らせ • Mar 07Nippon Gas Co., Ltd. (TSE:8174) acquired Kadokura Co., Ltd.Nippon Gas Co., Ltd. (TSE:8174) acquired Kadokura Co., Ltd. on March 6, 2025. For the period ending August 31, 2024, Kadokura Co., Ltd. reported total revenue of ¥690 million. Nippon Gas Co., Ltd. (TSE:8174) Completed the acquisition of Kadokura Co., Ltd. on March 6, 2025.分析記事 • Mar 07Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥46.25Nippon Gas Co., Ltd. ( TSE:8174 ) will pay a dividend of ¥46.25 on the 26th of June. This takes the dividend yield to...お知らせ • Mar 07Nippon Gas Co., Ltd. to Report Fiscal Year 2025 Results on May 01, 2025Nippon Gas Co., Ltd. announced that they will report fiscal year 2025 results on May 01, 2025分析記事 • Jan 30Nippon Gas' (TSE:8174) Dividend Will Be ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend on the 26th of June, with...Reported Earnings • Jan 29Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥38.85 (up from JP¥27.55 in 3Q 2024). Revenue: JP¥51.9b (up 8.4% from 3Q 2024). Net income: JP¥4.29b (up 38% from 3Q 2024). Profit margin: 8.3% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jan 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,700,000 shares, representing 1.54% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 1.54% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is increasing the return on assets while growing profits and achieve a capital policy that is supported by the shareholders. The program will continue through April 30, 2025. As of end of December 2024, the company had 110,372,266 issued shares (excluding treasury stock) and 2,454,932 treasury shares.分析記事 • Jan 16Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥46.25 per share on the...お知らせ • Jan 06Nippon Gas Co., Ltd. Announces Passing Away of Shinji Wada, Director of the Board and Executive Officer of the CompanyNippon Gas Co., Ltd. announced Shinji Wada passed away on 29 December 2024, and retired from the position of Director of the Board and Executive Officer of the company on the same day. Date of birth:3 April 1952. Date of death (resignation):29 December 2024. Work history: June 2005- President and Representative Director, May 2022 -Chairperson and Director.分析記事 • Jan 02Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend on the 26th of June, with...分析記事 • Dec 19Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥46.25Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥46.25 per share on the 26th of June...分析記事 • Dec 05Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥46.25Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥46.25 per share on 26th of June. This...お知らせ • Dec 04Nippon Gas Co., Ltd. to Report Q3, 2025 Results on Jan 28, 2025Nippon Gas Co., Ltd. announced that they will report Q3, 2025 results on Jan 28, 2025分析記事 • Nov 20Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥46.25 per share on 26th of June. This...Declared Dividend • Nov 20First half dividend of JP¥46.25 announcedShareholders will receive a dividend of JP¥46.25. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.分析記事 • Nov 05Investors Can Find Comfort In Nippon Gas' (TSE:8174) Earnings QualitySoft earnings didn't appear to concern Nippon Gas Co., Ltd.'s ( TSE:8174 ) shareholders over the last week. We did some...Reported Earnings • Oct 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: JP¥1.41 (down from JP¥6.13 in 2Q 2024). Revenue: JP¥41.4b (up 4.4% from 2Q 2024). Net income: JP¥156.0m (down 78% from 2Q 2024). Profit margin: 0.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 29Nippon Gas Co., Ltd. Announces End of Second Quarter Dividend for the Six Months Ended September 30, 2024, Payable on November 19, 2024Nippon Gas Co., Ltd. announced end of second quarter dividend of JPY 46.25 per share for the six months ended September 30, 2024 against JPY 37.50 per share a year ago. Scheduled date of commencing dividend payments: November 19th, 2024.分析記事 • Oct 27Shareholders Should Be Pleased With Nippon Gas Co., Ltd.'s (TSE:8174) PriceWith a price-to-earnings (or "P/E") ratio of 24x Nippon Gas Co., Ltd. ( TSE:8174 ) may be sending very bearish signals...分析記事 • Oct 11Returns On Capital Are Showing Encouraging Signs At Nippon Gas (TSE:8174)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...Upcoming Dividend • Sep 20Upcoming dividend of JP¥46.25 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).分析記事 • Sep 04Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 18th of...お知らせ • Sep 03Nippon Gas Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Gas Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024分析記事 • Aug 21Nippon Gas' (TSE:8174) Upcoming Dividend Will Be Larger Than Last Year'sNippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 18th of...Price Target Changed • Aug 19Price target decreased by 11% to JP¥2,838Down from JP¥3,190, the current price target is an average from 4 analysts. New target price is 23% above last closing price of JP¥2,314. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥95.63 last year.Reported Earnings • Aug 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥13.02 (down from JP¥25.24 in 1Q 2024). Revenue: JP¥44.6b (down 5.4% from 1Q 2024). Net income: JP¥1.45b (down 49% from 1Q 2024). Profit margin: 3.3% (down from 6.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.分析記事 • Jul 25Nippon Gas' (TSE:8174) Shareholders Will Receive A Bigger Dividend Than Last YearNippon Gas Co., Ltd.'s ( TSE:8174 ) dividend will be increasing from last year's payment of the same period to ¥46.25...分析記事 • Jul 11Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be paying its dividend of ¥46.25 on the 18th...Declared Dividend • Jul 11Final dividend of JP¥46.25 announcedShareholders will receive a dividend of JP¥46.25. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 25Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,500,000 shares, representing 1.35% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The program will continue through December 31, 2024. As of May 31 ,2024, the company had 111,493,233 issued shares (excluding treasury stock) and 3,823,865 treasury shares.分析記事 • May 07Nippon Gas' (TSE:8174) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by the solid earnings posted by Nippon Gas Co., Ltd. ( TSE:8174 ) recently. We have done...お知らせ • May 06Nippon Gas Co., Ltd. to Report Q1, 2025 Results on Jul 30, 2024Nippon Gas Co., Ltd. announced that they will report Q1, 2025 results on Jul 30, 2024Reported Earnings • May 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥95.63 (up from JP¥93.12 in FY 2023). Revenue: JP¥194.4b (down 6.5% from FY 2023). Net income: JP¥10.8b (up 1.9% from FY 2023). Profit margin: 5.6% (up from 5.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.分析記事 • Apr 17Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Nippon...Upcoming Dividend • Mar 21Upcoming dividend of JP¥37.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.0%).Price Target Changed • Mar 15Price target increased by 7.3% to JP¥3,163Up from JP¥2,948, the current price target is an average from 4 analysts. New target price is 28% above last closing price of JP¥2,478. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥100 for next year compared to JP¥93.12 last year.分析記事 • Mar 14Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥37.50Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥37.50 per share on 28th of June. This...お知らせ • Mar 14+ 1 more updateNippon Gas Co., Ltd. Announces Resignation of Daijo Watanabe as Representative Director, Senior Managing Executive Officer, Sales Headquarters General ManagerNippon Gas Co., Ltd. announced that its board of directors meeting held on March 14, 2024 made a resolution on the change in representative directors, etc., as follows: Resignation of Daijo Watanabe as Representative Director, Senior Managing Executive Officer, Sales Headquarters General Manager.分析記事 • Mar 05Is Nippon Gas (TSE:8174) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...お知らせ • Feb 12Nippon Gas Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Nippon Gas Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Feb 03Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥27.55 (up from JP¥20.37 in 3Q 2023). Revenue: JP¥47.9b (down 14% from 3Q 2023). Net income: JP¥3.11b (up 34% from 3Q 2023). Profit margin: 6.5% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.お知らせ • Feb 02Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,800,000 shares, representing 1.59% for ¥3,500 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 2.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The program will continue through July 31, 2024. As of December 31 ,2023, the company had 112,864,297 issued shares (excluding treasury stock) and 2,452,801 treasury shares.お知らせ • Feb 01+ 1 more updateNippon Gas Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Nippon Gas Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 37.50 per share compared to JPY 32.50 per share a year ago.お知らせ • Dec 22Nippon Gas Co., Ltd. to Report Q3, 2024 Results on Feb 01, 2024Nippon Gas Co., Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024Reported Earnings • Nov 02Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥6.13 (up from JP¥6.87 loss in 2Q 2023). Revenue: JP¥39.7b (down 1.6% from 2Q 2023). Net income: JP¥696.0m (up JP¥1.48b from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥37.50 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 17 November 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).お知らせ • Jul 30Nippon Gas Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Nippon Gas Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023お知らせ • Jul 29+ 1 more updateNippon Gas Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2024. for the Second Quarter of Fiscal Year Ending March 31, 2024Nippon Gas Co., Ltd. provided dividend guidance for the Second Quarter and Full Year Ending March 31, 2024. For the second quarter of fiscal year ending March 31, 2024, the company provided dividend guidance of JPY 37.50 per share as compared to 32.50 per share a year ago. For the full year ending March 31, 2024, the company provided dividend guidance of JPY 37.50 per share as compared to 32.50 per share a year ago.お知らせ • Jul 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 2,000,000 shares, representing 1.76% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 2.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The program will continue through October 31, 2023. As of June 30 ,2023, the company had 113,923,343 issued shares (excluding treasury stock) and 1,393,755 treasury shares.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥25.24 (vs JP¥23.18 in 1Q 2023)First quarter 2024 results: EPS: JP¥25.24 (up from JP¥23.18 in 1Q 2023). Revenue: JP¥47.1b (up 5.2% from 1Q 2023). Net income: JP¥2.87b (up 8.1% from 1Q 2023). Profit margin: 6.1% (up from 5.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year.Price Target Changed • May 03Price target decreased by 10% to JP¥2,447Down from JP¥2,720, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥1,924. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥93.12 last year.Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥93.12 (up from JP¥86.23 in FY 2022). Revenue: JP¥207.9b (up 28% from FY 2022). Net income: JP¥10.6b (up 6.6% from FY 2022). Profit margin: 5.1% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.Buying Opportunity • Apr 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥2,218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).お知らせ • Feb 01Nippon Gas Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nippon Gas Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of ¥190,000 million, Operating income of ¥16,500 million, Profit attributable to owners of parent of ¥11,000 million or ¥96.44 basic per share.Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥20.37 (vs JP¥23.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥20.37 (down from JP¥23.56 in 3Q 2022). Revenue: JP¥55.3b (up 33% from 3Q 2022). Net income: JP¥2.32b (down 14% from 3Q 2022). Profit margin: 4.2% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Director Takashi Ide was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.業績と収益の成長予測TSE:8174 - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2029218,16716,70016,60028,55033/31/2028214,77516,02516,36727,43343/31/2027209,05014,35015,33326,63323/31/2026208,48014,81520,92728,188N/A12/31/2025204,09713,27418,24426,078N/A9/30/2025202,20313,37818,78527,264N/A6/30/2025201,31512,72616,75924,725N/A3/31/2025200,05711,54819,57527,924N/A12/31/2024197,1989,84517,10725,898N/A9/30/2024193,5928,86413,36322,539N/A6/30/2024192,9129,61713,60221,966N/A3/31/2024194,36410,82513,78923,440N/A12/31/2023202,14113,11415,07924,030N/A9/30/2023209,59612,32315,60923,758N/A6/30/2023210,23210,84414,38822,867N/A3/31/2023207,89010,62811,92219,594N/A12/31/2022195,8409,00610,02417,083N/A9/30/2022182,2579,39910,33218,279N/A6/30/2022172,64410,85810,56618,915N/A3/31/2022162,5529,97210,93820,694N/A12/31/2021155,58210,0507,55119,253N/A9/30/2021147,4119,4007,20020,000N/A6/30/2021144,5678,5034,77719,378N/A3/31/2021143,4909,37360216,068N/A12/31/2020136,2138,99146018,743N/A9/30/2020134,6918,150-1,00915,907N/A6/30/2020133,3488,233N/AN/AN/A3/31/2020132,4967,7422,17715,975N/A12/31/2019131,2256,574N/AN/AN/A9/30/2019129,9395,959N/A19,885N/A6/30/2019126,6695,462N/AN/AN/A3/31/2019122,5774,328N/A15,151N/A12/31/2018119,6105,638N/AN/AN/A9/30/2018118,1927,093N/A12,618N/A6/30/2018116,6527,169N/AN/AN/A3/31/2018114,7257,798N/A15,597N/A12/31/2017111,3605,568N/AN/AN/A9/30/2017109,1364,890N/A14,247N/A6/30/2017108,5345,644N/AN/AN/A3/31/2017109,5366,913N/A16,630N/A12/31/2016110,5068,441N/AN/AN/A9/30/2016112,0118,121N/A20,018N/A6/30/2016113,6527,790N/AN/AN/A3/31/2016114,6917,090N/A20,717N/A12/31/2015119,0176,762N/AN/AN/A9/30/2015121,7236,877N/A19,472N/A6/30/2015123,5946,504N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 8174の予測収益成長率 (年間3.3% ) は 貯蓄率 ( 0.8% ) を上回っています。収益対市場: 8174の収益 ( 3.3% ) JP市場 ( 8.6% ) よりも低い成長が予測されています。高成長収益: 8174の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 8174の収益 ( 1.4% ) JP市場 ( 5.3% ) よりも低い成長が予測されています。高い収益成長: 8174の収益 ( 1.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 8174の 自己資本利益率 は、3年後には高くなると予測されています ( 25.4 %)成長企業の発掘7D1Y7D1Y7D1YUtilities 業界の高成長企業。View Past Performance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2026/05/22 10:12終値2026/05/22 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Nippon Gas Co., Ltd. 4 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。8 アナリスト機関Syusaku NishikawaDaiwa Securities Co. Ltd.Hiroyuki SakaidaGoldman SachsHideshiro KagitaJ.P. Morgan5 その他のアナリストを表示
Price Target Changed • Apr 30Price target increased by 7.2% to JP¥3,470Up from JP¥3,237, the current price target is an average from 3 analysts. New target price is 30% above last closing price of JP¥2,676. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥104 last year.
Price Target Changed • Aug 21Price target increased by 8.5% to JP¥3,050Up from JP¥2,810, the current price target is an average from 3 analysts. New target price is 5.0% above last closing price of JP¥2,904. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥104 last year.
Price Target Changed • Aug 19Price target decreased by 11% to JP¥2,838Down from JP¥3,190, the current price target is an average from 4 analysts. New target price is 23% above last closing price of JP¥2,314. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥95.63 last year.
Price Target Changed • Mar 15Price target increased by 7.3% to JP¥3,163Up from JP¥2,948, the current price target is an average from 4 analysts. New target price is 28% above last closing price of JP¥2,478. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥100 for next year compared to JP¥93.12 last year.
Price Target Changed • May 03Price target decreased by 10% to JP¥2,447Down from JP¥2,720, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥1,924. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥93.12 last year.
お知らせ • Feb 01Nippon Gas Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nippon Gas Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of ¥190,000 million, Operating income of ¥16,500 million, Profit attributable to owners of parent of ¥11,000 million or ¥96.44 basic per share.
お知らせ • May 15Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,500,000 shares, representing 1.41% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1.41% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is to increase ROE. The program will continue through March 31, 2027. As of April 30, 2026, the company had 106,506,178 issued shares (excluding treasury stock) and 6,321,020 treasury shares.
Reported Earnings • May 01Full year 2026 earnings: EPS in line with analyst expectations despite revenue beatFull year 2026 results: EPS: JP¥137 (up from JP¥104 in FY 2025). Revenue: JP¥208.5b (up 4.2% from FY 2025). Net income: JP¥14.8b (up 28% from FY 2025). Profit margin: 7.1% (up from 5.8% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Apr 30Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2026Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2026.
Price Target Changed • Apr 30Price target increased by 7.2% to JP¥3,470Up from JP¥3,237, the current price target is an average from 3 analysts. New target price is 30% above last closing price of JP¥2,676. Stock is up 3.4% over the past year. The company is forecast to post earnings per share of JP¥137 for next year compared to JP¥104 last year.
お知らせ • Apr 15Nippon Gas Co., Ltd. to Report Fiscal Year 2026 Results on Apr 30, 2026Nippon Gas Co., Ltd. announced that they will report fiscal year 2026 results on Apr 30, 2026
Upcoming Dividend • Mar 23Upcoming dividend of JP¥51.50 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.8%).
Buy Or Sell Opportunity • Mar 08Now 20% undervaluedOver the last 90 days, the stock has risen 1.9% to JP¥3,055. The fair value is estimated to be JP¥3,824, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
Buy Or Sell Opportunity • Feb 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at JP¥3,032. The fair value is estimated to be JP¥3,830, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.5% per annum over the same time period.
New Risk • Feb 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Feb 05Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2026 results: EPS: JP¥38.62 (down from JP¥38.85 in 3Q 2025). Revenue: JP¥53.8b (up 3.7% from 3Q 2025). Net income: JP¥4.19b (down 2.4% from 3Q 2025). Profit margin: 7.8% (down from 8.3% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 2.4%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 04Is Nippon Gas (TSE:8174) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Jan 15Now 20% undervaluedOver the last 90 days, the stock has risen 9.4% to JP¥3,001. The fair value is estimated to be JP¥3,760, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.
分析記事 • Jan 10Nippon Gas' (TSE:8174) Dividend Will Be ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...
分析記事 • Jan 07Why We Like The Returns At Nippon Gas (TSE:8174)There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Buy Or Sell Opportunity • Dec 19Now 20% undervaluedOver the last 90 days, the stock has risen 5.4% to JP¥2,996. The fair value is estimated to be JP¥3,749, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.2%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are also forecast to grow by 6.2% per annum over the same time period.
分析記事 • Dec 05Nippon Gas' (TSE:8174) Dividend Will Be ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...
お知らせ • Dec 05Nippon Gas Co., Ltd. to Report Q3, 2026 Results on Feb 03, 2026Nippon Gas Co., Ltd. announced that they will report Q3, 2026 results on Feb 03, 2026
分析記事 • Nov 20Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥51.50The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥51.50 per share on the...
Declared Dividend • Nov 20First half dividend of JP¥51.50 announcedShareholders will receive a dividend of JP¥51.50. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (60% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Oct 30Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥7.41 (up from JP¥1.41 in 2Q 2025). Revenue: JP¥42.3b (up 2.1% from 2Q 2025). Net income: JP¥808.0m (up 418% from 2Q 2025). Profit margin: 1.9% (up from 0.4% in 2Q 2025). Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Oct 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 4,000,000 shares, representing 3.68% for ¥9,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 3.68% of its issued share capital (excluding treasury stock), for a total purchase price of ¥9,000 million. The purpose of the program is to optimize capital-to-asset ratio and to reduce shareholder’s equity. The program will continue through March 31, 2026. As of September 30, 2025, the company had 108,741,184 issued shares (excluding treasury stock) and 4,086,014 treasury shares.
分析記事 • Oct 20Nippon Gas Co., Ltd.'s (TSE:8174) Share Price Not Quite Adding UpNippon Gas Co., Ltd.'s ( TSE:8174 ) price-to-earnings (or "P/E") ratio of 23.9x might make it look like a strong sell...
Upcoming Dividend • Sep 22Upcoming dividend of JP¥51.50 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 19 November 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.6%. Within top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.2%).
Buy Or Sell Opportunity • Sep 19Now 20% undervaluedOver the last 90 days, the stock has risen 7.0% to JP¥2,838. The fair value is estimated to be JP¥3,550, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.
分析記事 • Sep 04Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd.'s ( TSE:8174 ) dividend will be increasing from last year's payment of the same period to ¥51.50...
お知らせ • Sep 04Nippon Gas Co., Ltd. to Report Q2, 2026 Results on Oct 28, 2025Nippon Gas Co., Ltd. announced that they will report Q2, 2026 results on Oct 28, 2025
Buy Or Sell Opportunity • Aug 29Now 20% undervaluedOver the last 90 days, the stock has risen 9.6% to JP¥2,829. The fair value is estimated to be JP¥3,539, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 4.8%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings are also forecast to grow by 6.3% per annum over the same time period.
分析記事 • Aug 27Why We Like The Returns At Nippon Gas (TSE:8174)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Price Target Changed • Aug 21Price target increased by 8.5% to JP¥3,050Up from JP¥2,810, the current price target is an average from 3 analysts. New target price is 5.0% above last closing price of JP¥2,904. Stock is up 23% over the past year. The company is forecast to post earnings per share of JP¥138 for next year compared to JP¥104 last year.
分析記事 • Aug 07Nippon Gas' (TSE:8174) Upcoming Dividend Will Be Larger Than Last Year'sNippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be increasing its dividend from last year's comparable...
Reported Earnings • Jul 30First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥24.12 (up from JP¥13.02 in 1Q 2025). Revenue: JP¥45.9b (up 2.8% from 1Q 2025). Net income: JP¥2.63b (up 81% from 1Q 2025). Profit margin: 5.7% (up from 3.3% in 1Q 2025). Revenue exceeded analyst estimates by 25%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Gas Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
分析記事 • Jul 24Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be increasing its dividend from last year's comparable...
分析記事 • Jul 10Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥51.50Nippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 19th of...
Declared Dividend • Jul 09Final dividend of JP¥51.50 announcedShareholders will receive a dividend of JP¥51.50. Ex-date: 29th September 2025 Payment date: 19th November 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (57% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.1% to bring the payout ratio under control. EPS is expected to grow by 31% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Jun 24Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥104 (up from JP¥95.63 in FY 2024). Revenue: JP¥200.1b (up 2.9% from FY 2024). Net income: JP¥11.5b (up 6.7% from FY 2024). Profit margin: 5.8% (up from 5.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jun 18Are Investors Undervaluing Nippon Gas Co., Ltd. (TSE:8174) By 25%?Key Insights The projected fair value for Nippon Gas is JP¥3,540 based on 2 Stage Free Cash Flow to Equity Current...
Board Change • Jun 18Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). President, CEO & Representative Director Kunihiko Kashiwaya is the most experienced director on the board, commencing their role in 2013. Outside Independent Directors Tsuyoshi Yamada was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
お知らせ • Jun 05Nippon Gas Co., Ltd. to Report Q1, 2026 Results on Jul 29, 2025Nippon Gas Co., Ltd. announced that they will report Q1, 2026 results on Jul 29, 2025
お知らせ • May 01Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2025Nippon Gas Co., Ltd., Annual General Meeting, Jun 25, 2025.
Upcoming Dividend • Mar 21Upcoming dividend of JP¥46.25 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 26 June 2025. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (2.2%).
お知らせ • Mar 07Nippon Gas Co., Ltd. (TSE:8174) acquired Kadokura Co., Ltd.Nippon Gas Co., Ltd. (TSE:8174) acquired Kadokura Co., Ltd. on March 6, 2025. For the period ending August 31, 2024, Kadokura Co., Ltd. reported total revenue of ¥690 million. Nippon Gas Co., Ltd. (TSE:8174) Completed the acquisition of Kadokura Co., Ltd. on March 6, 2025.
分析記事 • Mar 07Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥46.25Nippon Gas Co., Ltd. ( TSE:8174 ) will pay a dividend of ¥46.25 on the 26th of June. This takes the dividend yield to...
お知らせ • Mar 07Nippon Gas Co., Ltd. to Report Fiscal Year 2025 Results on May 01, 2025Nippon Gas Co., Ltd. announced that they will report fiscal year 2025 results on May 01, 2025
分析記事 • Jan 30Nippon Gas' (TSE:8174) Dividend Will Be ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend on the 26th of June, with...
Reported Earnings • Jan 29Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥38.85 (up from JP¥27.55 in 3Q 2024). Revenue: JP¥51.9b (up 8.4% from 3Q 2024). Net income: JP¥4.29b (up 38% from 3Q 2024). Profit margin: 8.3% (up from 6.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jan 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,700,000 shares, representing 1.54% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 1.54% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The purpose of the program is increasing the return on assets while growing profits and achieve a capital policy that is supported by the shareholders. The program will continue through April 30, 2025. As of end of December 2024, the company had 110,372,266 issued shares (excluding treasury stock) and 2,454,932 treasury shares.
分析記事 • Jan 16Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥46.25 per share on the...
お知らせ • Jan 06Nippon Gas Co., Ltd. Announces Passing Away of Shinji Wada, Director of the Board and Executive Officer of the CompanyNippon Gas Co., Ltd. announced Shinji Wada passed away on 29 December 2024, and retired from the position of Director of the Board and Executive Officer of the company on the same day. Date of birth:3 April 1952. Date of death (resignation):29 December 2024. Work history: June 2005- President and Representative Director, May 2022 -Chairperson and Director.
分析記事 • Jan 02Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend on the 26th of June, with...
分析記事 • Dec 19Nippon Gas (TSE:8174) Has Announced A Dividend Of ¥46.25Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will pay a dividend of ¥46.25 per share on the 26th of June...
分析記事 • Dec 05Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥46.25Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥46.25 per share on 26th of June. This...
お知らせ • Dec 04Nippon Gas Co., Ltd. to Report Q3, 2025 Results on Jan 28, 2025Nippon Gas Co., Ltd. announced that they will report Q3, 2025 results on Jan 28, 2025
分析記事 • Nov 20Nippon Gas (TSE:8174) Is Due To Pay A Dividend Of ¥46.25Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥46.25 per share on 26th of June. This...
Declared Dividend • Nov 20First half dividend of JP¥46.25 announcedShareholders will receive a dividend of JP¥46.25. Ex-date: 28th March 2025 Payment date: 26th June 2025 Dividend yield will be 4.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is covered by cash flows (73% cash payout ratio). The dividend has increased by an average of 27% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. EPS is expected to grow by 41% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
分析記事 • Nov 05Investors Can Find Comfort In Nippon Gas' (TSE:8174) Earnings QualitySoft earnings didn't appear to concern Nippon Gas Co., Ltd.'s ( TSE:8174 ) shareholders over the last week. We did some...
Reported Earnings • Oct 31Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: JP¥1.41 (down from JP¥6.13 in 2Q 2024). Revenue: JP¥41.4b (up 4.4% from 2Q 2024). Net income: JP¥156.0m (down 78% from 2Q 2024). Profit margin: 0.4% (down from 1.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 49%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 29Nippon Gas Co., Ltd. Announces End of Second Quarter Dividend for the Six Months Ended September 30, 2024, Payable on November 19, 2024Nippon Gas Co., Ltd. announced end of second quarter dividend of JPY 46.25 per share for the six months ended September 30, 2024 against JPY 37.50 per share a year ago. Scheduled date of commencing dividend payments: November 19th, 2024.
分析記事 • Oct 27Shareholders Should Be Pleased With Nippon Gas Co., Ltd.'s (TSE:8174) PriceWith a price-to-earnings (or "P/E") ratio of 24x Nippon Gas Co., Ltd. ( TSE:8174 ) may be sending very bearish signals...
分析記事 • Oct 11Returns On Capital Are Showing Encouraging Signs At Nippon Gas (TSE:8174)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥46.25 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 18 November 2024. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (2.5%).
分析記事 • Sep 04Nippon Gas (TSE:8174) Is Paying Out A Larger Dividend Than Last YearNippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 18th of...
お知らせ • Sep 03Nippon Gas Co., Ltd. to Report Q2, 2025 Results on Oct 29, 2024Nippon Gas Co., Ltd. announced that they will report Q2, 2025 results on Oct 29, 2024
分析記事 • Aug 21Nippon Gas' (TSE:8174) Upcoming Dividend Will Be Larger Than Last Year'sNippon Gas Co., Ltd. ( TSE:8174 ) will increase its dividend from last year's comparable payment on the 18th of...
Price Target Changed • Aug 19Price target decreased by 11% to JP¥2,838Down from JP¥3,190, the current price target is an average from 4 analysts. New target price is 23% above last closing price of JP¥2,314. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥126 for next year compared to JP¥95.63 last year.
Reported Earnings • Aug 01First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: JP¥13.02 (down from JP¥25.24 in 1Q 2024). Revenue: JP¥44.6b (down 5.4% from 1Q 2024). Net income: JP¥1.45b (down 49% from 1Q 2024). Profit margin: 3.3% (down from 6.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 48%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 12% per year.
分析記事 • Jul 25Nippon Gas' (TSE:8174) Shareholders Will Receive A Bigger Dividend Than Last YearNippon Gas Co., Ltd.'s ( TSE:8174 ) dividend will be increasing from last year's payment of the same period to ¥46.25...
分析記事 • Jul 11Nippon Gas (TSE:8174) Is Increasing Its Dividend To ¥46.25The board of Nippon Gas Co., Ltd. ( TSE:8174 ) has announced that it will be paying its dividend of ¥46.25 on the 18th...
Declared Dividend • Jul 11Final dividend of JP¥46.25 announcedShareholders will receive a dividend of JP¥46.25. Ex-date: 27th September 2024 Payment date: 18th November 2024 Dividend yield will be 3.5%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 36% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 25Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,500,000 shares, representing 1.35% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 1.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The program will continue through December 31, 2024. As of May 31 ,2024, the company had 111,493,233 issued shares (excluding treasury stock) and 3,823,865 treasury shares.
分析記事 • May 07Nippon Gas' (TSE:8174) Earnings Offer More Than Meets The EyeThe market seemed underwhelmed by the solid earnings posted by Nippon Gas Co., Ltd. ( TSE:8174 ) recently. We have done...
お知らせ • May 06Nippon Gas Co., Ltd. to Report Q1, 2025 Results on Jul 30, 2024Nippon Gas Co., Ltd. announced that they will report Q1, 2025 results on Jul 30, 2024
Reported Earnings • May 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥95.63 (up from JP¥93.12 in FY 2023). Revenue: JP¥194.4b (down 6.5% from FY 2023). Net income: JP¥10.8b (up 1.9% from FY 2023). Profit margin: 5.6% (up from 5.1% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year.
分析記事 • Apr 17Nippon Gas Co., Ltd.'s (TSE:8174) Price Is Out Of Tune With EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") below 14x, you may consider Nippon...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥37.50 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (2.0%).
Price Target Changed • Mar 15Price target increased by 7.3% to JP¥3,163Up from JP¥2,948, the current price target is an average from 4 analysts. New target price is 28% above last closing price of JP¥2,478. Stock is up 29% over the past year. The company is forecast to post earnings per share of JP¥100 for next year compared to JP¥93.12 last year.
分析記事 • Mar 14Nippon Gas (TSE:8174) Will Pay A Dividend Of ¥37.50Nippon Gas Co., Ltd.'s ( TSE:8174 ) investors are due to receive a payment of ¥37.50 per share on 28th of June. This...
お知らせ • Mar 14+ 1 more updateNippon Gas Co., Ltd. Announces Resignation of Daijo Watanabe as Representative Director, Senior Managing Executive Officer, Sales Headquarters General ManagerNippon Gas Co., Ltd. announced that its board of directors meeting held on March 14, 2024 made a resolution on the change in representative directors, etc., as follows: Resignation of Daijo Watanabe as Representative Director, Senior Managing Executive Officer, Sales Headquarters General Manager.
分析記事 • Mar 05Is Nippon Gas (TSE:8174) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
お知らせ • Feb 12Nippon Gas Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Nippon Gas Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Feb 03Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥27.55 (up from JP¥20.37 in 3Q 2023). Revenue: JP¥47.9b (down 14% from 3Q 2023). Net income: JP¥3.11b (up 34% from 3Q 2023). Profit margin: 6.5% (up from 4.2% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
お知らせ • Feb 02Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 1,800,000 shares, representing 1.59% for ¥3,500 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 1,800,000 shares, representing 2.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,500 million. The program will continue through July 31, 2024. As of December 31 ,2023, the company had 112,864,297 issued shares (excluding treasury stock) and 2,452,801 treasury shares.
お知らせ • Feb 01+ 1 more updateNippon Gas Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Nippon Gas Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2024. For the fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 37.50 per share compared to JPY 32.50 per share a year ago.
お知らせ • Dec 22Nippon Gas Co., Ltd. to Report Q3, 2024 Results on Feb 01, 2024Nippon Gas Co., Ltd. announced that they will report Q3, 2024 results on Feb 01, 2024
Reported Earnings • Nov 02Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥6.13 (up from JP¥6.87 loss in 2Q 2023). Revenue: JP¥39.7b (down 1.6% from 2Q 2023). Net income: JP¥696.0m (up JP¥1.48b from 2Q 2023). Profit margin: 1.8% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.6% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥37.50 per share at 3.3% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 17 November 2023. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 3.3%. Within top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (2.2%).
お知らせ • Jul 30Nippon Gas Co., Ltd. to Report Q2, 2024 Results on Oct 31, 2023Nippon Gas Co., Ltd. announced that they will report Q2, 2024 results on Oct 31, 2023
お知らせ • Jul 29+ 1 more updateNippon Gas Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2024. for the Second Quarter of Fiscal Year Ending March 31, 2024Nippon Gas Co., Ltd. provided dividend guidance for the Second Quarter and Full Year Ending March 31, 2024. For the second quarter of fiscal year ending March 31, 2024, the company provided dividend guidance of JPY 37.50 per share as compared to 32.50 per share a year ago. For the full year ending March 31, 2024, the company provided dividend guidance of JPY 37.50 per share as compared to 32.50 per share a year ago.
お知らせ • Jul 28Nippon Gas Co., Ltd. (TSE:8174) announces an Equity Buyback for 2,000,000 shares, representing 1.76% for ¥3,000 million.Nippon Gas Co., Ltd. (TSE:8174) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 2.35% of its issued share capital (excluding treasury stock), for a total purchase price of ¥3,000 million. The program will continue through October 31, 2023. As of June 30 ,2023, the company had 113,923,343 issued shares (excluding treasury stock) and 1,393,755 treasury shares.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥25.24 (vs JP¥23.18 in 1Q 2023)First quarter 2024 results: EPS: JP¥25.24 (up from JP¥23.18 in 1Q 2023). Revenue: JP¥47.1b (up 5.2% from 1Q 2023). Net income: JP¥2.87b (up 8.1% from 1Q 2023). Profit margin: 6.1% (up from 5.9% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 8% per year.
Price Target Changed • May 03Price target decreased by 10% to JP¥2,447Down from JP¥2,720, the current price target is an average from 3 analysts. New target price is 27% above last closing price of JP¥1,924. Stock is up 4.9% over the past year. The company is forecast to post earnings per share of JP¥108 for next year compared to JP¥93.12 last year.
Reported Earnings • Apr 29Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: JP¥93.12 (up from JP¥86.23 in FY 2022). Revenue: JP¥207.9b (up 28% from FY 2022). Net income: JP¥10.6b (up 6.6% from FY 2022). Profit margin: 5.1% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 8.0%. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.4% decline forecast for the Gas Utilities industry in Japan. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year.
Buying Opportunity • Apr 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be JP¥2,218, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥32.50 per share at 3.4% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (2.7%).
お知らせ • Feb 01Nippon Gas Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2023Nippon Gas Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2023. For the period, the company expects net sales of ¥190,000 million, Operating income of ¥16,500 million, Profit attributable to owners of parent of ¥11,000 million or ¥96.44 basic per share.
Reported Earnings • Feb 01Third quarter 2023 earnings released: EPS: JP¥20.37 (vs JP¥23.56 in 3Q 2022)Third quarter 2023 results: EPS: JP¥20.37 (down from JP¥23.56 in 3Q 2022). Revenue: JP¥55.3b (up 33% from 3Q 2022). Net income: JP¥2.32b (down 14% from 3Q 2022). Profit margin: 4.2% (down from 6.5% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, while revenues in the Gas Utilities industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Director Takashi Ide was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.