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Japanese (NIKKEI) Gas Utilities Industry Analysis

UpdatedFeb 03, 2026
DataAggregated Company Financials
Companies12
  • 7D2.4%
  • 3M20.8%
  • 1Y64.7%
  • YTD8.8%

The Gas Utilities is pretty flat in the last 7 days, but Tokyo GasLtd has stood out, gaining 4.7%. The past year has been better, since the industry has gained 60% in that time. In the next few years, earnings are forecast to decline by 8.2% annually.

Industry Valuation and Performance

Has the Japanese Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Feb 2026JP¥5.9tJP¥6.8tJP¥476.3b11.8x12.4x0.9x
Thu, 01 Jan 2026JP¥5.4tJP¥6.7tJP¥454.6b11.7x11.9x0.8x
Sat, 29 Nov 2025JP¥5.5tJP¥6.7tJP¥455.9b11.7x12.1x0.8x
Mon, 27 Oct 2025JP¥4.6tJP¥6.7tJP¥393.1b11.4x11.7x0.7x
Wed, 24 Sep 2025JP¥4.6tJP¥6.7tJP¥393.1b11.1x11.8x0.7x
Fri, 22 Aug 2025JP¥4.8tJP¥6.7tJP¥392.5b11.9x12.4x0.7x
Sun, 20 Jul 2025JP¥4.3tJP¥6.6tJP¥287.0b10.8x14.8x0.6x
Tue, 17 Jun 2025JP¥4.2tJP¥6.6tJP¥287.0b11.1x14.6x0.6x
Thu, 15 May 2025JP¥4.2tJP¥6.6tJP¥282.9b12.1x14.9x0.6x
Sat, 12 Apr 2025JP¥4.1tJP¥6.5tJP¥256.6b13.6x16.1x0.6x
Mon, 10 Mar 2025JP¥4.1tJP¥6.5tJP¥256.6b14x15.9x0.6x
Wed, 05 Feb 2025JP¥3.9tJP¥6.5tJP¥253.8b12.7x15.2x0.6x
Fri, 03 Jan 2025JP¥4.1tJP¥6.5tJP¥237.4b15x17.4x0.6x
Sun, 01 Dec 2024JP¥4.1tJP¥6.5tJP¥237.5b14.1x17.1x0.6x
Tue, 29 Oct 2024JP¥3.5tJP¥6.5tJP¥280.6b12.1x12.5x0.5x
Thu, 26 Sep 2024JP¥3.7tJP¥6.5tJP¥280.6b12.7x13.2x0.6x
Sat, 24 Aug 2024JP¥4.0tJP¥6.5tJP¥281.9b12.9x14x0.6x
Mon, 22 Jul 2024JP¥3.8tJP¥6.6tJP¥372.8b11.5x10.3x0.6x
Wed, 19 Jun 2024JP¥3.9tJP¥6.6tJP¥372.8b11.3x10.4x0.6x
Fri, 17 May 2024JP¥3.8tJP¥6.6tJP¥374.7b11.2x10.3x0.6x
Sun, 14 Apr 2024JP¥4.0tJP¥7.0tJP¥516.6b9.2x7.7x0.6x
Tue, 12 Mar 2024JP¥3.7tJP¥7.0tJP¥516.4b8.8x7.1x0.5x
Thu, 08 Feb 2024JP¥3.5tJP¥7.1tJP¥518.6b8.5x6.8x0.5x
Sat, 06 Jan 2024JP¥3.6tJP¥7.5tJP¥604.5b8.1x5.9x0.5x
Mon, 04 Dec 2023JP¥3.5tJP¥7.5tJP¥604.5b7.6x5.7x0.5x
Wed, 01 Nov 2023JP¥3.5tJP¥7.5tJP¥596.2b6.6x5.8x0.5x
Fri, 29 Sep 2023JP¥3.3tJP¥7.7tJP¥533.4b8x6.2x0.4x
Sun, 27 Aug 2023JP¥3.2tJP¥7.7tJP¥533.4b7.6x6x0.4x
Tue, 25 Jul 2023JP¥3.1tJP¥7.6tJP¥434.0b8.6x7.1x0.4x
Thu, 22 Jun 2023JP¥3.1tJP¥7.6tJP¥434.0b8.8x7.2x0.4x
Sat, 20 May 2023JP¥3.0tJP¥7.6tJP¥432.1b9.6x7x0.4x
Mon, 17 Apr 2023JP¥2.8tJP¥7.1tJP¥377.1b11.9x7.4x0.4x
Wed, 15 Mar 2023JP¥2.8tJP¥7.1tJP¥377.1b11.5x7.4x0.4x
Fri, 10 Feb 2023JP¥2.9tJP¥7.0tJP¥375.8b11.1x7.6x0.4x
Price to Earnings Ratio

7.6x


Total Market Cap: JP¥2.9tTotal Earnings: JP¥375.8bTotal Revenue: JP¥7.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Gas Utilities Industry Price to Earnings3Y Average 10.7x202420252026
Current Industry PE
  • Investors are optimistic on the Japanese Gas Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.2x which is higher than its 3-year average PE of 10.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 8.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Japanese Utilities industry?

JP Market-0.50%
Utilities-1.38%
Gas Utilities2.38%
Gas Utilities2.38%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
9531 Tokyo GasLtdJP¥7.16k8.7%
+JP¥194.9b
65.1%PE11.8x
9532 Osaka GasJP¥6.15k7.4%
+JP¥165.9b
99.9%PE12.9x
9534 Hokkaido GasJP¥862.005.6%
+JP¥4.1b
65.5%PE6.1x
8174 Nippon GasJP¥3.00k1.1%
+JP¥3.6b
38.5%PE24.3x
9536 Saibu Gas HoldingsLtdJP¥2.38k4.2%
+JP¥3.1b
41.8%PE8.6x

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