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ITOCHU's energy and lifestyle subsidiary distributing LP gas and gasoline through service stations and car-related retail services.
ITOCHU's energy and lifestyle subsidiary distributing LP gas and gasoline through service stations and car-related retail services.
Sells LP gas and fuel in small recurring volumes to homes and drivers; household gas customers are supplied by delivery and billed regularly, which gives steady repeat income. ITOCHU, a trading house, is its majority owner. Electricity retail is a newer line.
In one line: A trading-house-backed fuel distributor and gas-station operator.
Moat: narrow (distribution, scale). Nationwide LP-gas and station network plus ITOCHU's trading-house logistics/supply backing.
Headquarters: Tokyo, Japan · Founded: 2006 · Employees: 5,193
Size Itochu Enex (8133.T) is a Japan Consumer Discretionary company (Specialty Stores) with a market value of $1.41B, the 593rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,968 on 6 Nov 2026.
Performance Over six months the shares gained 2.6%, against -8.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 1.9% over the last twelve months (peer median +8.0%); the operating margin is 3.1% (peer median 7.1%).
Valuation It trades at 0.3× enterprise value to sales against a peer median of 0.9× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.4 points above its cost of capital (5.0% WACC).
Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥916B | ¥851B | ¥924B | ¥963B | ¥1.01T |
| Revenue growth | — | -8% | -4% | -5% | — |
| Gross profit | ¥98.0B | ¥77.5B | ¥81.5B | ¥76.8B | ¥78.3B |
| EBITDA | ¥50.3B | ¥43.4B | ¥45.3B | ¥39.0B | ¥42.5B |
| Net income | ¥23.7B | ¥16.1B | ¥17.1B | ¥13.9B | ¥13.8B |
| Free cash flow | ¥23.0B | ¥31.6B | ¥19.5B | ¥25.0B | ¥22.6B |
| Capital expenditure | ¥15.2B | ¥15.5B | ¥16.4B | ¥14.4B | ¥15.0B |
| Total debt | ¥50.6B | ¥57.0B | ¥56.7B | ¥58.9B | ¥71.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Itochu Enex 8133.T | $1.41B | +3% | +2% | 3% | 0.3× | -7.1% |
| Idemitsu Kosan 5019.T | $9.54B | -9% | -3% | 6% | 0.4× | -12.8% |
| Eneos 5020.T | $19.8B | -11% | +2% | 7% | 0.4× | -10.6% |
| Cosmo Energy 5021.T | $3.74B | -10% | 0% | 9% | 0.4× | -18.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8133.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -12.2% | +1.4% | 3rd lowest of 21 |
| 6-month return | +2.6% | -8.2% | 10th highest of 21 |
| Distance from 52-week high | -17.6% | -24.6% | 8th highest of 21 |
| Revenue growth (TTM) | +1.9% | +8.0% | 9th lowest of 21 |
| Operating margin | 3.1% | 7.1% | 5th lowest of 21 |
| EV / Sales | 0.3× | 0.9× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -7.1% | -0.3% | 5th least demanding of 17 |
| Growth delivered (Del g) | +2.9% | +5.6% | 5th lowest of 17 |
| Hurdle (Req g minus delivered) | -9.9 pp | -4.8 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +2.4 pp | +3.4 pp | 9th lowest of 20 |
| EV / EBITDA | 5.7× | 7.3× | 3rd cheapest of 13 |
| Net debt / EBITDA | 0.7× | 2.1× | 7th least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Itochu Enex 8133.T | Japan | $1.41B | +3% | +2% | 3% | 0.3× | -7.1% | +2.9% |
| National Vision EYE | United States | $1.42B | -22% | +8% | 4% | 1.0× | 15.6% | +3.0% |
| Leon's Furniture LNF.TO | Canada | $1.43B | +16% | 0% | 8% | 0.8× | -3.3% | +3.0% |
| Sun Art Retail 6808.HK | Hong Kong | $1.37B | -24% | -10% | 0% | 0.1× | 1.6% | -9.4% |
| Bilia BILI-A.ST | Sweden | $1.37B | +9% | +1% | 3% | 0.5× | 0.9% | +6.0% |
| Pets At Home PETS.L | United Kingdom | $1.51B | +48% | -1% | 7% | 1.0× | 9.2% | +5.2% |
| Savers Value Village SVV | United States | $1.52B | +22% | +10% | 8% | 1.6× | 12.9% | +15.0% |
| SILICON 2 257720.KS | South Korea | $1.30B | -39% | +55% | 19% | 1.3× | -14.8% | +62.2% |
| Rusta RUSTA.ST | Sweden | $1.28B | -17% | +8% | 8% | 1.3× | 2.5% | +7.3% |
| Luk Fook Holdings (International) 0590.HK | Hong Kong | $1.58B | -9% | +29% | 20% | 0.8× | n/a | n/a |
| Chengdu Fusen Noble-House Industrial 002818.SZ | China | $1.26B | -8% | -22% | 42% | 6.4× | -2.7% | -1.0% |
| Nextage 3186.T | Japan | $1.25B | -26% | +24% | 4% | 0.4× | -0.1% | +22.0% |
| Kidswant Digital Technology 301078.SZ | China | $1.24B | -25% | +5% | 5% | 0.9× | -0.6% | +4.2% |
| Honasa Consumer HONASA.NS | India | $1.61B | +32% | +21% | 10% | 6.0× | 42.5% | +39.1% |
| MarineMax HZO | United States | $1.16B | +21% | -6% | 2% | 1.0× | n/a | n/a |
| Sinomach Automobile 600335.SS | China | $1.16B | -14% | -11% | 2% | 0.3× | -10.9% | -4.2% |
| Sally Beauty SBH | United States | $1.71B | +31% | +1% | 9% | 0.8× | -2.6% | +1.0% |
| Beijing Caishikou Department Store 605599.SS | China | $1.71B | -23% | +37% | 4% | 0.2× | -17.2% | +32.7% |
| Bluestone Jewellery and Lifestyle BLUESTONE.NS | India | $1.15B | +41% | +38% | 9% | 4.4× | n/a | n/a |
| TUHU Car 9690.HK | Hong Kong | $1.14B | -13% | +16% | 0% | 0.2× | -17.8% | +12.7% |
| Chow Sang Sang Holdings International 0116.HK | Hong Kong | $1.13B | +7% | +16% | 20% | 0.6× | n/a | n/a |