Toho Gas Co Ltd
TSE:9533
Toho Gas Co Ltd's latest stock split occurred on Sep 27, 2017
The company executed a 1-for-5 stock split, meaning that for every 5 shares held, investors received 1 new share.
Before the split, Toho Gas Co Ltd traded at 693 per share. Afterward, the share price was about 3181.281.
The adjusted shares began trading on Sep 27, 2017. This was the only stock split in Toho Gas Co Ltd's history.
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Toho Gas Co Ltd
Glance View
In the bustling landscape of Japan’s energy sector, Toho Gas Co., Ltd. stands as a beacon of tradition interwoven with modernity. Founded in the early 20th century and based in Nagoya, Toho Gas is primarily engaged in the production and supply of city gas, which has been its lifeline for decades. The company sources natural gas from regions such as Australia, Malaysia, and Sakhalin, taking these raw products and transforming them into a reliable energy supply for both residential and industrial use. Beyond city gas supply, Toho Gas has diversified its operations to include the production and sale of electricity—a strategic move prompted by Japan’s evolving energy landscape post-Fukushima, where diversification and sustainability have become focal points. Toho Gas’s business model thrives on its robust infrastructure, including its pipelines and cylinder networks that ensure a seamless delivery to its vast customer base. Amid Japan's energy transition, the company has also ventured into renewable energy sources and hydrogen technology, aligning with global shifts towards cleaner energy. This foresight into renewables is an effort not just to hedge against future regulatory risks but also to capture new revenue streams. Hence, Toho Gas makes money from a blend of traditional gas supply, burgeoning electricity sales, and the exploratory realms of alternative energies. Through continued innovation and adaptability, the company maintains its position as a key player in Japan's energy market while navigating the challenges and opportunities of a rapidly changing industry landscape.
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