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9537.T Tokyo Stock Exchange Natural Gas Utilities

Hokuriku Gas Co.,ltd

¥3 950,00
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Mcap
P/E
EV / Rev
Div yield
1,54 %
Op margin
ROE
4,0 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
Day range
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Open
Next earnings
Ex-dividend
TR 1Y
About

Hokuriku Gas Co., Ltd. operates as a natural gas utility company in Japan, providing gas distribution and related services to residential, commercial, and industrial customers.

Business. Hokuriku Gas Co., Ltd. (9537.T) is a natural gas utility company headquartered in Japan. The firm operates within the utilities sector, providing natural gas services to its customers. It is primarily listed on the Tokyo Stock Exchange. Specific details regarding operating segments or geographic revenue breakdowns are not available.

Classification92 %
SectorUtilities
IndustryNatural Gas Utilities
ActivityUtilities
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,0 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 9537.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities · THIS SECTOR−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 9537.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Hokuriku Gas Co., Ltd. (9537.T) is a natural gas utility company headquartered in Japan. The firm operates within the utilities sector, providing natural gas services to its customers. It is primarily listed on the Tokyo Stock Exchange. Specific details regarding operating segments or geographic revenue breakdowns are not available.

    Classification92 %
    SectorUtilities
    IndustryNatural Gas Utilities
    ActivityUtilities
    AI synthesis
    GENERATED

    Hokuriku Gas maintains a strong liquidity position, with cash and equivalents amounting to ¥8.75 billion, representing 13.4% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is robust, with free cash flow of ¥3.1 billion and total liabilities of ¥16.4 billion, yielding a liquidity ratio of 0.19. The current ratio of 1.69 further supports its ability to meet short-term obligations.

    Profitability metrics indicate a moderate return on equity (ROE) of 4.0% and return on assets (ROA) of 3.0%. These figures are in line with the typical performance of natural gas utilities, which tend to have stable but modest returns due to regulated operations and long-term infrastructure investments.

    The company's revenue is primarily concentrated in Japan, with no disclosed international operations. As a regional gas utility, Hokuriku Gas serves a defined geographic area, which limits its exposure to global market fluctuations but also caps growth potential outside its core region.

    Looking ahead, the company is expected to maintain stable operations, with no significant revenue growth or decline projected in the next fiscal year. The capital expenditure of ¥4.36 billion reflects ongoing infrastructure maintenance and expansion, which is typical for a utility company aiming to ensure service reliability and meet regulatory standards.

    Risk factors for Hokuriku Gas are minimal in the near term, with low liquidity and dilution risk. The company has no immediate filing-based flags for liquidity or dilution, and its capital structure remains conservative, with long-term debt at ¥109.67 million and a debt-to-equity ratio of 0.0. This suggests a strong balance sheet and limited exposure to refinancing risk.

    Recent financial filings and transcripts indicate no material changes in the company's operations or strategic direction. The last actual EPS was ¥419.98, and the last actual revenue was ¥61.77 billion, both reflecting consistent performance in line with industry expectations.

    Key takeaways
    • Hokuriku Gas maintains a strong liquidity position with ¥8.75 billion in cash and equivalents.
    • The company's ROE of 4.0% and ROA of 3.0% are in line with industry norms for natural gas utilities.
    • Revenue is concentrated in Japan, with no international operations disclosed.
    • No immediate liquidity or dilution risks are identified, and the capital structure is conservative.
    • The company is expected to maintain stable operations with no significant revenue growth or decline projected.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥3 950,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥48.83B
    Net cash
    ¥8.64B
    Current ratio
    1.7
    Debt / equity
    0.0
    ROA
    3.0%
    ROE
    4.0%
    Cash conversion
    397.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

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    Business relationships

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    Supply chain

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    Peer comparison

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    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE4,0 %Below median
    D/E0,00Above P75
    Cash Conv3,97Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • Hokuriku Gas Co.,ltd Market data — financials · 2026-05-27
    • Hokuriku Gas Co.,ltd Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    9537.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage