Employees: 1,586
Size Shizuoka Gas (9543.T) is a Japan Utilities company (Gas Distributors) with a market value of $631M, the 953rd largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,342 on 6 Nov 2026.
Performance Over six months the shares fell 5.0%, against -11.6% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 0.1% over the last twelve months (peer median -1.1%); the operating margin is 6.5% (peer median 7.7%).
Valuation It trades at 11.6× forward earnings against a peer median of 14.4× (4th cheapest of 8).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.2 points above its cost of capital (5.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥201B | ¥201B | ¥202B | ¥214B | ¥207B |
| Revenue growth | — | -1% | -5% | +3% | — |
| Gross profit | ¥45.1B | ¥37.6B | ¥32.1B | ¥40.3B | ¥30.6B |
| EBITDA | ¥22.9B | ¥23.5B | ¥20.0B | ¥27.7B | ¥17.4B |
| Net income | ¥9.85B | ¥10.0B | ¥8.78B | ¥14.1B | ¥5.98B |
| Free cash flow | n/a | ¥4.70B | ¥3.61B | ¥23.7B | -¥8.30B |
| Capital expenditure | n/a | ¥29.9B | ¥7.37B | ¥14.0B | ¥12.4B |
| Total debt | ¥20.6B | ¥18.0B | ¥18.9B | ¥18.3B | ¥32.2B |
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 | 9543.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.1% | -3.2% | 6th highest of 21 |
| 6-month return | -5.0% | -11.6% | 7th highest of 21 |
| Distance from 52-week high | -17.4% | -34.2% | 6th highest of 21 |
| Revenue growth (TTM) | +0.1% | -1.1% | 9th highest of 21 |
| Operating margin | 6.5% | 7.7% | 9th lowest of 21 |
| Forward P/E | 11.6× | 14.4× | 4th cheapest of 8 |
| Growth the price implies (Req g, 7 yrs) | -9.0% | 0.0% | 3rd least demanding of 16 |
| Growth delivered (Del g) | +10.6% | +8.1% | 2nd highest of 16 |
| Hurdle (Req g minus delivered) | -19.7 pp | -2.7 pp | 3rd least demanding of 16 |
| ROIC minus cost of capital | +1.2 pp | -0.4 pp | 5th highest of 20 |
| EV / EBITDA | 4.3× | 8.0× | 4th cheapest of 12 |
| Net debt / EBITDA | -0.3× | 2.1× | 5th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shizuoka Gas 9543.T | Japan | $631M | -5% | 0% | 6% | 11.6× | -9.0% | +10.6% |
| Saibu Gas 9536.T | Japan | $630M | +23% | -6% | 5% | n/a | n/a | n/a |
| Shenzhen Guangju Energy 000096.SZ | China | $634M | -18% | +4% | 4% | n/a | n/a | n/a |
| Anhui Province Natural Gas Development 603689.SS | China | $601M | -10% | -9% | 9% | 8.5× | 0.6% | +1.4% |
| K&O Energy 1663.T | Japan | $585M | -28% | -1% | 12% | 19.6× | -8.6% | +9.3% |
| Henan Lantian Gas 605368.SS | China | $687M | -18% | -9% | 8% | 10.8× | 0.0% | +2.7% |
| Ascopiave ASC.MI | Italy | $699M | -8% | +34% | 26% | 15.6× | 4.4% | +8.3% |
| Top Resource Energy 300332.SZ | China | $556M | -20% | -3% | 0% | 22.4× | 12.9% | +8.8% |
| Xinjiang East Universe (Group) Gas 603706.SS | China | $521M | -15% | -14% | 20% | n/a | -11.7% | +10.6% |
| Shandong Shengli 000407.SZ | China | $512M | -20% | 0% | 7% | n/a | -3.1% | -2.0% |
| Hokkaido Gas 9534.T | Japan | $468M | +3% | +1% | 8% | n/a | -6.6% | +8.1% |
| Sala 2734.T | Japan | $456M | +9% | +3% | 4% | n/a | n/a | n/a |
| Sichuan Shengda Forestry Industry 002259.SZ | China | $447M | -27% | -1% | 10% | n/a | 16.9% | +0.9% |
| Zhongyu Energy 3633.HK | Hong Kong | $896M | -7% | -7% | 6% | n/a | n/a | n/a |
| Delong Composite Energy 000593.SZ | China | $896M | -34% | -24% | 6% | n/a | 31.8% | +3.7% |
| Great Taipei Gas 9908.TW | Taiwan | $435M | -3% | 0% | 14% | n/a | -5.4% | -1.0% |
| Clean Energy Fuels CLNE | United States | $421M | -14% | +4% | -7% | n/a | 17.0% | +8.1% |
| Yu Group PLC YU..L | United Kingdom | $414M | +3% | +14% | 8% | 8.2× | -9.4% | +47.1% |
| Shaanxi Meineng Clean Energy 001299.SZ | China | $411M | -19% | -6% | 11% | n/a | n/a | n/a |
| Tokai 3167.T | Japan | $1.02B | +9% | +1% | 8% | 14.4× | -5.6% | +4.5% |
| Guizhou Gas (Group) 600903.SS | China | $1.02B | -9% | -6% | 4% | n/a | 8.0% | +9.4% |