Employees: 3,725
Size Saibu Gas (9536.T) is a Japan Utilities company (Gas Distributors) with a market value of $630M, the 956th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,760 on 6 Nov 2026.
Performance Over six months the shares gained 23.4%, against -11.6% for the median peer and +1.8% for the Japan market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 5.7% over the last twelve months (peer median -0.4%); the operating margin is 4.9% (peer median 7.7%).
Valuation It trades at 1.4× enterprise value to sales against a peer median of 1.6× (11th cheapest of 21).
Capital Return on invested capital runs 2.9 points below its cost of capital (5.0% WACC).
Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥255B | ¥262B | ¥254B | ¥256B | ¥266B |
| Revenue growth | — | +3% | -1% | -4% | — |
| Gross profit | ¥82.1B | ¥70.9B | ¥66.5B | ¥66.6B | ¥67.1B |
| EBITDA | ¥29.2B | ¥28.0B | ¥29.1B | ¥30.8B | ¥32.2B |
| Net income | ¥10.5B | ¥7.15B | ¥6.36B | ¥6.16B | ¥13.2B |
| Free cash flow | n/a | -¥4.42B | ¥14.7B | -¥1.88B | ¥2.45B |
| Capital expenditure | n/a | ¥30.7B | ¥24.8B | ¥24.7B | ¥20.1B |
| Total debt | ¥280B | ¥289B | ¥280B | ¥283B | ¥282B |
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.
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 | 9536.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.1% | -3.2% | 2nd highest of 21 |
| 6-month return | +23.4% | -11.6% | highest of 21 |
| Distance from 52-week high | -5.3% | -34.2% | highest of 21 |
| Revenue growth (TTM) | -5.7% | -0.4% | 8th lowest of 21 |
| Operating margin | 4.9% | 7.7% | 6th lowest of 21 |
| EV / Sales | 1.4× | 1.6× | 11th cheapest of 21 |
| ROIC minus cost of capital | -2.9 pp | +0.0 pp | 5th lowest of 20 |
| EV / EBITDA | 12.7× | 7.1× | 3rd most expensive of 12 |
| Net debt / EBITDA | 9.0× | 1.4× | 3rd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Saibu Gas 9536.T | Japan | $630M | +23% | -6% | 5% | 1.4× | n/a | n/a |
| Shizuoka Gas 9543.T | Japan | $631M | -5% | 0% | 6% | 0.5× | -9.0% | +10.6% |
| Shenzhen Guangju Energy 000096.SZ | China | $634M | -18% | +4% | 4% | 2.8× | n/a | n/a |
| Anhui Province Natural Gas Development 603689.SS | China | $601M | -10% | -9% | 9% | 1.3× | 0.6% | +1.4% |
| K&O Energy 1663.T | Japan | $585M | -28% | -1% | 12% | 0.6× | -8.6% | +9.3% |
| Henan Lantian Gas 605368.SS | China | $687M | -18% | -9% | 8% | 1.3× | 0.0% | +2.7% |
| Ascopiave ASC.MI | Italy | $699M | -8% | +34% | 26% | 4.5× | 4.4% | +8.3% |
| Top Resource Energy 300332.SZ | China | $556M | -20% | -3% | 0% | 2.0× | 12.9% | +8.8% |
| Xinjiang East Universe (Group) Gas 603706.SS | China | $521M | -15% | -14% | 20% | 2.1× | -11.7% | +10.6% |
| Shandong Shengli 000407.SZ | China | $512M | -20% | 0% | 7% | 1.2× | -3.1% | -2.0% |
| Hokkaido Gas 9534.T | Japan | $468M | +3% | +1% | 8% | 0.7× | -6.6% | +8.1% |
| Sala 2734.T | Japan | $456M | +9% | +3% | 4% | 0.5× | n/a | n/a |
| Sichuan Shengda Forestry Industry 002259.SZ | China | $447M | -27% | -1% | 10% | 3.0× | 16.9% | +0.9% |
| Zhongyu Energy 3633.HK | Hong Kong | $896M | -7% | -7% | 6% | 1.8× | n/a | n/a |
| Delong Composite Energy 000593.SZ | China | $896M | -34% | -24% | 6% | 4.8× | 31.8% | +3.7% |
| Great Taipei Gas 9908.TW | Taiwan | $435M | -3% | 0% | 14% | 2.2× | -5.4% | -1.0% |
| Clean Energy Fuels CLNE | United States | $421M | -14% | +4% | -7% | 1.4× | 17.0% | +8.1% |
| Yu Group PLC YU..L | United Kingdom | $414M | +3% | +14% | 8% | 0.2× | -9.4% | +47.1% |
| Shaanxi Meineng Clean Energy 001299.SZ | China | $411M | -19% | -6% | 11% | 3.5× | n/a | n/a |
| Tokai 3167.T | Japan | $1.02B | +9% | +1% | 8% | 0.8× | -5.6% | +4.5% |
| Guizhou Gas (Group) 600903.SS | China | $1.02B | -9% | -6% | 4% | 2.1× | 8.0% | +9.4% |