Nippon Gas Co., Ltd.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Nippon Gas Co., Ltd.'s yearly results (2023–2026), compared with Utilities companies in Japan. Tap ? on any ratio for what it means.
What stands out
- Steadiness Ratio: Sales grew in 2 of the last 3 years; profit grew in 3 of 3. Steadier than 93% of Utilities companies in Japan.
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 3.1 times. Higher than 89% of Utilities companies in Japan.
Where ¥100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
¥214Over the last 3 years, every ¥100 of reported profit came with ¥214 of operating cash.
Lower than 67% of Utilities companies in Japan.
Self-Funding Ratio
3.1×Over the last 3 years its own operating cash covered its investment spending (capex) 3.1 times.
Higher than 89% of Utilities companies in Japan.
Cash Locked Ratio
¥13For every ¥100 of sales, ¥13 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ¥14 tied up three years earlier.
More money tied up than 74% of Utilities companies in Japan.
Growth quality
Steadiness Ratio
2/3 · 3/3Sales grew in 2 of the last 3 years; profit grew in 3 of 3.
Steadier than 93% of Utilities companies in Japan.
Growth Efficiency Ratio
—Sales barely changed
Sales changed by +0% in 3 years, too little to measure extra profit per extra sales.
Asset Productivity Ratio
+0% / +6%In 3 years sales changed by +0% while total assets changed by +6%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.9×Debt due within a year is covered 1.9 times by its yearly operating cash.
Higher than 52% of Utilities companies in Japan.
Cash Cushion Ratio
−9%Debt, after subtracting cash, equals 9% of its market value (net debt).
Higher than 70% of Utilities companies in Japan.
Tangible Assets Ratio
96%Of every ¥100 the company owns, ¥96 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 71% of Utilities companies in Japan.
Tangible Net Worth Ratio
91%Of every ¥100 of net worth, ¥91 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 60% of Utilities companies in Japan.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Nippon Gas Co., Ltd. owes ¥0.59 for every ¥1 it owns. Net profit rose 28% in the year to Mar 2026, and grew 12% a year on average over 3 years.
Compared with Utilities companies in Japan · latest annual results Mar 2026.
P/E ratio
20.6Investors pay ¥20.6 for every ¥1 of Nippon Gas Co., Ltd.'s yearly profit, higher than 89% of Utilities companies in Japan.
P/B ratio
4.45The share price is 4.45 times Nippon Gas Co., Ltd.'s book value per share, higher than 96% of Utilities companies in Japan.
Market cap
¥298.2 BThe total market value of all of Nippon Gas Co., Ltd.'s shares at today's price (share price × number of shares), larger than 71% of Utilities companies in Japan. PosiCap size class: Meso Cap.
Net worth (book value)
¥67.0 BWhat Nippon Gas Co., Ltd. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
¥209.60Net worth divided by the number of shares. The share price of ¥933.30 is 4.5 times this, which is the P/B above.
Return on equity (ROE)
22.9%Nippon Gas Co., Ltd. earned 22.9% on its shareholders' money over the last year, higher than 90% of Utilities companies in Japan.
Owes vs Owns
0.59×Nippon Gas Co., Ltd. owes ¥0.59 for every ¥1 it owns (moderate), higher than 54% of Utilities companies in Japan.
Dividend yield
3.89%Nippon Gas Co., Ltd. pays 3.89% of its share price as dividends a year, higher than 88% of dividend-paying Utilities companies in Japan.
Revenue growth
+4%Revenue rose 4% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Profit growth
+28%Net profit rose 28% in the year to Mar 2026, and grew 12% a year on average over 3 years.
Profit margin
7.1%Nippon Gas Co., Ltd. keeps ¥7 of every ¥100 of revenue as net profit.
Cash quality
1.9×Cash from Nippon Gas Co., Ltd.'s business was 1.9× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
65.1×Nippon Gas Co., Ltd.'s operating profit covered its interest costs 65.1 times in the year to Mar 2026.
Cash vs debt
Net debtNippon Gas Co., Ltd. had ¥26.0 B more debt than cash (net debt) at Mar 2026.
Questions
What is Nippon Gas Co., Ltd.'s P/E ratio?
Investors pay ¥20.6 for every ¥1 of Nippon Gas Co., Ltd.'s yearly profit, higher than 89% of Utilities companies in Japan.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Nippon Gas Co., Ltd.: ¥298.2 B ÷ ¥67.0 B (31 Mar 2026) = 4.5.
What is Nippon Gas Co., Ltd.'s return on equity?
Nippon Gas Co., Ltd. earned 22.9% on its shareholders' money over the last year, higher than 90% of Utilities companies in Japan.
How much does Nippon Gas Co., Ltd. owe compared with what it owns?
Nippon Gas Co., Ltd. owes ¥0.59 for every ¥1 it owns (moderate), higher than 54% of Utilities companies in Japan.
Does Nippon Gas Co., Ltd. pay a dividend?
Yes. Nippon Gas Co., Ltd. pays 3.89% of its share price as dividends a year, higher than 88% of dividend-paying Utilities companies in Japan.
Is Nippon Gas Co., Ltd.'s revenue growing?
Revenue rose 4% in the year to Mar 2026, and grew 0% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.