Overview
Electric Power and Gas

OSAKA GAS CO.,LTD.

Osaka Gas Co., Ltd. (Daigas Group) is a major Japanese energy company primarily engaged in the manufacture, supply, and retail sale of natural gas and electricity across the Kinki region (Osaka, Kyoto, Kobe and surrounding prefectures), operating through key subsidiaries including Osaka Gas Network Co., Ltd. for pipeline infrastructure and Daigas Energy Co., Ltd. for commercial energy services. Beyond domestic energy, the Group invests in upstream natural gas development and LNG supply in the USA, Australia, Southeast Asia, India, and Europe through dedicated overseas subsidiaries. The Group also operates a Life & Business Solutions segment encompassing real estate development, IT services (software development and information processing), and specialty chemicals including activated carbon and fine materials.

Market Cap
¥2,202B
US$14.0B
EV
¥2,330B
US$14.9B
Stock¥5,790▲+0.02%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
7.8
x
LTM EV/EBIT
14.4
x
LTM PER
15.7
x
LTM PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+15.6%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2,202BUS$14.0BMarket Cap825BUS$5.26B+ Debt179BUS$1.14B− Cash566BUS$3.61B− Inv. Sec.47.9BUS$306M+ NCI2,330BUS$14.9BEV
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Performance & Balance
Revenue 5Y (¥B)
1,587US$10.1B'22/32,275US$14.5B'23/32,083US$13.3B'24/32,069US$13.2B'25/32,030US$12.9B'26/3
EBITDA 5Y (¥B)
204US$1.30B'22/3180US$1.15B'23/3296US$1.89B'24/3288US$1.84B'25/3310US$1.98B'26/3
Net Income 5Y (¥B)
128US$818M'22/357.1US$364M'23/3133US$846M'24/3134US$857M'25/3153US$974M'26/3
Capital Structure
69%
31%
EquityD/E 0.45xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
490US$3.13B716US$4.56B'22/3526US$3.35B812US$5.18B'23/3616US$3.93B815US$5.20B'24/3652US$4.16B972US$6.20B'25/3607US$3.87B890US$5.67B'26/3
Shareholders
Top 10 hold 35.8%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
14.79%
2
Custody Bank of Japan, Ltd. (Trust Account)
4.95%
3
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
3.51%
4
Resona Bank, Limited
2.75%
5
STATE STREET BANK AND TRUSTCOMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.29%
6
MUFG Bank, Ltd.
2.19%
7
Meiji Yasuda Life Insurance Company (Standing Proxy: Custody Bank of Japan, Ltd.)
1.52%
8
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.35%
9
Tōyūkai
1.22%
10
GOVERNMENT OF NORWAY (Standing Proxy: Citibank, N.A.)
1.21%
Management
13 officers
Takehiro HONJO
Chairman of the Board, Director
As stated in a.
1954-04-13
Masataka FUJIWARA
Representative Director, President and Executive Officer
As stated in a.
1958-02-28
Keiji TAKEMORI
Representative Director, Vice President and Executive Officer
As stated in a.
1963-07-04
Ko SAKANASHI
Representative Director, Vice President and Executive Officer
As stated in a.
1967-10-28
Toshiyuki IMAI
Representative Director, Vice President and Executive Officer
As stated in a.
1966-04-13
Fumitoshi TAKEGUCHI
Full-time Director, Audit and Supervisory Committee Member
As stated in a.
1961-11-14
Kazutoshi MURAO
Director
As stated in a.
1952-10-21
Tatsuo KIJIMA
Director
As stated in a.
1954-09-22
Yumiko SATO
Director
As stated in a.
1951-09-20
Mikiyo SHINSEKI
Director
As stated in a.
1968-04-06
Eriko NASHIOKA
Director, Audit and Supervisory Committee Member
As stated in a.
1967-02-13
Chieko MINAMI
Director, Audit and Supervisory Committee Member
As stated in a.
1960-09-17
Hideaki KOZAI
Director, Audit and Supervisory Committee Member
As stated in a.
1957-08-20
Large Shareholding Reports
BlackRock Fund Advisors
2026-10-21
2.25%→2.45%
MUFG Bank, Ltd.
2026-02-02
2.11%
Annual report (as of 2026-03-31): 2.19%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.85%→3.27%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-21
Large Shareholding Report
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINETAmended
2026-06-25
Amended Securities Registration Statement
EDINET
2026-06-23
Securities Registration Statement
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-02
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2026-02-02
Large Shareholding Report
EDINET
2025-11-07
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-06-26
Amended Securities Registration Statement
EDINETAmended
2025-06-26
Amended Securities Registration Statement
EDINET
2025-06-24
Securities Registration Statement
EDINET
2025-06-24
Securities Registration Statement
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-03
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-08
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-29
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-08
Amended Securities Registration Statement
EDINETAmended
2024-07-01
Amended Securities Registration Statement
EDINET
2024-06-27
Securities Registration Statement
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-03-07
中期経営計画
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-09
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-04
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-06
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-09
Quarterly Securities Report
EDINET
2022-08-01
Quarterly Securities Report
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