Electric Power & Gas · Fiscal year end Dec 31

KEIYO GAS CO., LTD.

9539

京葉瓦斯株式会社

FIGI BBG000BQ16B29539.T9539 JPCorp. no. 8040001026108

Latest half-year results

First half · fiscal year to 2026-12 · filed 2026-08-13

For the first half of the fiscal year to 2026-12: Revenue ¥64.4 billion (-1.4% YoY), Ordinary income ¥6.3 billion (+24.1% YoY), Net income ¥4.5 billion (+24.3% YoY).

	This period	Year on year
Revenue	¥64.4bn	-1.4%
Ordinary profit	¥6.3bn	+24.1%
Net profit to owners	¥4.5bn	+24.3%

From the securities report on EDINET, which states no forecast. History via /v1/companies/9539/earnings-releases.

Financials

Japan GAAP · consolidated · fiscal year to 2025-12-31

Revenue: ¥117.7bn
Net income: ¥3.2bn
ROE: 3.3%
Equity ratio: 56.8%
Dividend / share: ¥26
Employees: 1,275

Revenue · ¥bn

Net income · ¥bn

Fiscal year	Revenue	Net income	Total assets	Net assets	ROE	EPS	Operating CF
2025-12-31	¥117.7bn	¥3.2bn	¥178.1bn	¥104.5bn	3.3%	¥99.85	¥13.7bn
2024-12-31	¥115.7bn	¥1.6bn	¥168.3bn	¥98.9bn	1.8%	¥50.49	¥10.0bn
2023-12-31	¥122.9bn	¥1.5bn	¥161.1bn	¥92.5bn	1.7%	¥45.41	¥28.3bn
2022-12-31	¥118.8bn	¥0.2bn	¥147.5bn	¥89.5bn	0.3%	¥6.82	¥6.9bn
2021-12-31	¥89.7bn	¥1.7bn	¥131.8bn	¥85.4bn	2.1%	¥53.95	¥8.7bn

Indicators

Computed by us from filings · fiscal year to 2025-12-31

Metric	Value	Percentile among listed companies
ROE, %	3.3	16
Ordinary margin	0.0394	30.6
Equity ratio, %	56.8	52
Revenue growth	0.0169	32.7
Net income growth	0.9778	84.3
Operating cash flow / assets	0.0769	59.4

Policy-uncertainty measure0.00 Share of the report's text discussing policy-related uncertainty, by policy area. Proprietary text method.

Ownership activity 0 filer(s) stated they may make proposals in 365 days; 0 new 5% holder(s) in 180 days; net stake change +0.69pt in 90 days; 0.2% held by other listed companies.

Results wording balance: 0.00. Proprietary text method; it describes the wording only and does not interpret context.

Interest example: if all ¥27.9bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥139m, 1.0% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.

Via /v1/companies/9539/indicators. Descriptive figures, not a rating and not investment advice.

From other filings

As the company states them

Internal control, 2026-03-25: see filing 上記の評価の結果、当事業年度末日時点において、当社の財務報告に係る内部統制は有効であると判断した。 Filing

Segments, votes and tender offers

Stated in EDINET filings

Segments: Energy, Life Service, Real Estate. /v1/companies/9539/segments

Latest voting result: 2026-03-27 · Proposal · passed. /v1/companies/9539/voting

Ownership changes

All companies →

2026-10-15

Increase+0.69pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 10.49% from 9.80%.

S100Z7F8Filer profile Original filing (PDF, Japanese)
2026-10-15

Threshold

Holdings of Hikari Tsushin K.K. in KEIYO GAS CO., LTD. (9539) moved above 10% (9.80% -> 10.49%).

S100Z7F8Filer profile Original filing (PDF, Japanese)
2025-09-29

Increase+0.65pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 9.80% from 9.15%.

S100WRCKFiler profile Original filing (PDF, Japanese)
2025-04-24

Increase+1.01pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 9.15% from 8.14%.

S100VND1Filer profile Original filing (PDF, Japanese)
2025-03-06

Increase+1.02pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 8.14% from 7.12%.

S100VC26Filer profile Original filing (PDF, Japanese)
2025-01-16

Increase+1.11pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 7.12% from 6.01%.

S100V271Filer profile Original filing (PDF, Japanese)
2024-11-13

Increase+1.01pt

Hikari Tsushin K.K. raised holdings in KEIYO GAS CO., LTD. (9539) to 6.01% from 5.00%.

S100UNVHFiler profile Original filing (PDF, Japanese)
2024-04-04

New 5% stake

Hikari Tsushin K.K. disclosed a 5.00% stake in KEIYO GAS CO., LTD. (9539), crossing the 5% reporting threshold.

S100T6UJFiler profile Original filing (PDF, Japanese)
2023-06-29

Amendment0.00pt

KEIYO JUSETSU CO.,LTD. filed a correction to a 5% report on KEIYO GAS CO., LTD. (9539).

S100R3NQFiler profile Original filing (PDF, Japanese)

Trades by 5% holders

From the 60-day trade tables in 5% reports

Bought SoldHover a dot for the trade

Holder	Period	Net shares	Net % of shares	Avg. filed price	Range
光通信株式会社	2024-02-02 – 2026-10-07	+360,600	+1.38pt	¥937.62	¥849–2,710
株式会社UH Partners 2	2025-01-31 – 2026-08-14	+430,200	+1.29pt	—	—
株式会社ザッパラス	2025-02-17 – 2025-03-10	+17,300	+0.05pt	—	—
さくら損害保険株式会社	2025-01-06 – 2025-03-03	+105,700	+0.31pt	¥937.47	¥850–1,037

Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/9539/trades.

5% filings

Large shareholding reports on 9539

Filed	Filer	Stake	Change	Stated purpose
2026-10-15	Hikari Tsushin K.K.	10.49%	+0.69pt	pure investment
2025-09-29	Hikari Tsushin K.K.	9.80%	+0.65pt	pure investment
2025-04-24	Hikari Tsushin K.K.	9.15%	+1.01pt	pure investment
2025-03-06	Hikari Tsushin K.K.	8.14%	+1.02pt	pure investment
2025-01-16	Hikari Tsushin K.K.	7.12%	+1.11pt	pure investment
2024-11-13	Hikari Tsushin K.K.	6.01%	+1.01pt	pure investment
2024-04-04	Hikari Tsushin K.K.	5.00%	—	pure investment
2023-06-29	KEIYO JUSETSU CO.,LTD.	6.85%	0.00pt	strategic holding
2023-06-22	KEIYO JUSETSU CO.,LTD.	6.85%	0.00pt	strategic holding

Cross-shareholdings

From the annual report's status of shareholdings

Listed strategic holdings: 22 issues
Book value: ¥24.0bn
Sold in the year: — — issues
Bought in the year: ¥1m 1 issues
Mutual, both reports: 2
Held by listed cos.: 6

Holds	Book value	Shares vs. prior year	Mutual
K&O Energy Group Inc. 1663	¥14.1bn	0.0%	stated
Mizuho Financial Group, Inc. 8411	¥2.8bn	0.0%	no
Sompo Holdings, Inc. 8630	¥1.9bn	0.0%	no
The Chiba Kogyo Bank, Ltd. 8337	¥1.0bn	0.0%	stated
HOCHIKI CORPORATION 6745	¥0.9bn	0.0%	both reports
SUMITOMO CORPORATION 8053	¥0.7bn	0.0%	no
京成電鉄㈱(注)３	¥0.6bn	+200.0%	no
INPEX CORPORATION 1605	¥0.5bn	0.0%	stated
Nomura Holdings, Inc. 8604	¥0.5bn	0.0%	no
Hokuetsu Corporation 3865	¥0.4bn	0.0%	no

Held by: HOCHIKI CORPORATION 6745, FUKUDA CORPORATION 1899, HOKURIKU GAS CO.,LTD. 9537, TOTO LTD. 5332, Yashima Denki Co.,Ltd. 3153, RINNAI CORPORATION 5947

Purposes, all holdings and mutual flags via /v1/companies/9539/cross-holdings. Share changes include stock splits.

Major shareholders

As of fiscal year end 2025-12-31

Shareholder	Shares	Ratio
株式会社南悠商社	9,900,000	30.30%
株式会社ケイハイ	2,905,000	8.89%
光通信ＫＫ投資事業有限責任組合	2,122,000	6.50%
京葉住設株式会社	1,800,000	5.51%
株式会社千葉興業銀行	1,305,000	3.99%
京葉ガスエナジーソリューション　　　株式会社	1,300,000	3.98%
京葉ガスリキッド株式会社	1,044,000	3.20%
京葉都市開発株式会社	765,000	2.34%
京葉瓦斯従業員持株会	710,000	2.18%
京葉ガス情報システム株式会社	669,000	2.05%

U.S. funds holding 9539

SEC Form N-PORT, reports to 2026-07-31

1 U.S. funds held 1,300 shares worth $0.0m.

Fund	Shares	Value	% of fund	As of
INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC	1,300	$0.0m	0.000%	2026-07-31

Up to 25 funds per stock via the API.

Get this as JSON

GET /v1/companies/9539
GET /v1/companies/9539/financials
GET /v1/companies/9539/details
GET /v1/companies/9539/segments
GET /v1/companies/9539/voting
GET /v1/companies/9539/tender-offers
GET /v1/companies/9539/indicators
GET /v1/companies/9539/earnings-releases
GET /v1/events?ticker=9539
GET /v1/companies/9539/trades         
GET /v1/companies/9539/cross-holdings 
GET /v1/companies/9539/brief

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