Back to Articles
95312027 Q1PrimeJGAAP

TOKYO GAS (9531) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥673.4B (+4.0% year on year) and operating income ¥55.4B (-11.4%). The segment drivers and cash flow follow.

TOKYO GAS CO.,LTD.

Electric Power & Gas/Electric Power & Gas


Financial Highlights

  • Net Sales: ¥673.44B
  • Operating Income: ¥55.41B
  • Net Income: ¥37.08B
  • EPS: ¥107.15

Income Statement

ItemCurrentPriorYoY %
Net Sales¥673.44B¥647.34B+4.0%
Cost of Sales¥545.08B¥514.79B+5.9%
Gross Profit¥128.35B¥132.55B−3.2%
SG&A Expenses¥72.94B¥70.03B+4.2%
Operating Income¥55.41B¥62.52B−11.4%
Non-operating Income¥10.20B¥7.46B+36.8%
Non-operating Expenses¥16.05B¥12.84B+25.0%
Ordinary Income¥49.56B¥57.14B−13.3%
Profit Before Tax¥57.90B¥132.00B−56.1%
Income Tax Expense¥20.82B¥30.60B−32.0%
Net Income¥37.08B¥101.39B−63.4%
Net Income Attributable to Owners¥35.57B¥101.73B−65.0%
Total Comprehensive Income¥51.91B−¥65.92B+178.7%
Interest Expense¥4.27B¥6.77B−37.0%
Basic EPS¥107.15¥282.35−62.1%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥1.02T¥1.03T−¥13.48B
Cash and Deposits¥251.96B¥187.10B+¥64.85B
Accounts Receivable¥346.60B¥424.10B−¥77.50B
Inventories¥43.79B¥38.01B+¥5.78B
Non-current Assets¥2.85T¥2.86T−¥10.06B
Property, Plant & Equipment¥1.40T¥1.42T−¥26.00B
Intangible Assets¥751.37B¥740.29B+¥11.08B
Goodwill¥4.31B¥5.16B−¥854M
Investment Securities¥432.71B¥429.70B+¥3.01B
Total Assets¥3.87T¥3.89T−¥23.54B
Current Liabilities¥639.47B¥703.23B−¥63.76B
Accounts Payable¥126.69B¥105.15B+¥21.54B
Short-term Loans¥7.53B¥10.24B−¥2.71B
Non-current Liabilities¥1.45T¥1.39T+¥58.50B
Long-term Loans¥500.23B¥494.41B+¥5.81B
Total Liabilities¥2.09T¥2.10T−¥5.26B
Total Equity¥1.78T¥1.80T−¥18.28B
Capital Stock¥141.84B¥141.84B¥0
Capital Surplus¥3.49B¥4.13B−¥643M
Retained Earnings¥1.27T¥1.46T−¥181.61B
Treasury Stock−¥26.51B−¥204.63B+¥178.11B
Owners' Equity¥1.73T¥1.72T+¥8.81B
Working Capital¥381.84B--

Profitability Ratios

ItemValue
Net Profit Margin5.3%
Gross Profit Margin19.1%
Current Ratio159.7%
Quick Ratio152.9%
Debt-to-Equity Ratio1.18x
Interest Coverage Ratio12.99x
Effective Tax Rate36.0%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+4.0%
Operating Income YoY Change−11.4%
Ordinary Income YoY Change−13.3%
Profit Before Tax YoY Change−56.1%
Net Income YoY Change−63.4%
Net Income Attributable to Owners YoY Change−65.0%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)334.96M shares
Treasury Stock4.48M shares
Average Shares Outstanding331.96M shares
Book Value Per Share¥5,380.92

Segment Information

SegmentRevenueOperating Income
EnergySolution¥562.80B¥26.69B
Global¥74.89B¥32.83B
Network¥24.82B¥425M
Urban¥10.93B¥4.78B

Full Year Forecast

ItemForecast
Net Sales Forecast¥2.95T
Operating Income Forecast¥186.00B
Ordinary Income Forecast¥173.00B
Net Income Attributable to Owners Forecast¥137.00B
Basic EPS Forecast¥418.28
Dividend Per Share Forecast¥120.00