FINWIRES · TerminalLIVE
FINWIRES

TYO:9531

8 stories mentioning TYO:9531Updated 7d ago

Every FINWIRES story that references TYO:9531, newest first.

What's the latest news on TYO:9531?

Asia

Update: Market Chatter: Tokyo Gas-Octopus Energy JV Plans 1,000 Small Solar Plants

(Updates to add TG Octopus Energy's response to)TG Octopus Energy, a joint venture by the UK's Octopus Energy and Tokyo Gas (TYO:9531), aims to build roughly 1,000 small-scale solar facilities around the greater Tokyo area, adding 50 MW of capacity by fiscal 2030, Nikkei Asia reported on Friday.The firm will roll out 200 projects annually, each under 50 kW, drawing on expertise from its recently acquired Kanagawa-based developer, HSK, the report said.In an emailed response to, TG Octopus Energy declined to comment on the specific report, instead pointing to its September 2024 announcements regarding the HSK partnership.Meanwhile, Tokyo Gas did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:9531
Asia

Market Chatter: Tokyo Gas-Octopus Energy JV Plans 1,000 Small Solar Plants

TG Octopus Energy, a joint venture by the UK's Octopus Energy and Tokyo Gas (TYO:9531), aims to build roughly 1,000 small-scale solar facilities around the greater Tokyo area, adding 50 MW of capacity by fiscal 2030, Nikkei Asia reported on Friday.The firm will roll out 200 projects annually, each under 50 kW, drawing on expertise from its recently acquired Kanagawa-based developer, HSK, the report said.Octopus Energy and Tokyo Gas did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:9531
Asia

Japanese Stocks Close Marginally Lower On Renewed US-Iran Hostilities; Oil Climbs

Japanese stocks closed marginally lower on Monday as fresh hostilities broke out in the Middle East after the US resumed attacks on key installations in Iran, prompting Iranian retaliation, and investors raised expectations over a rate hike.The benchmark Nikkei 225 closed down 93.63 points, or 0.14%, at 66,311.93.Oil prices climbed after the US escalated attacks on the Iranian oil terminal and President Donald Trump claimed that the terminal was "blown to smithereens," igniting hostilities and putting negotiations over the opening of the Strait of Hormuz on the back burner.On the corporate side, Nifco (TYO:7988) said it will launch a 40 billion yen buyback to repurchase up to 8.3 million common shares, or 8.88% of its issued shares excluding treasury stock, according to a Tokyo Stock Exchange filing on Monday.Also, Tokyo Gas (TYO:9531) said it plans to transfer part of its service business for industrial customers to its wholly owned subsidiary Tokyo Gas Engineering Solutions Corp. through an absorption-type company split, effective April 1, 2027.

Nikkei 225TYO:7988TYO:9531
Asia

Tokyo Gas to Transfer Part of Industrial Customer Service Business to TGES

Tokyo Gas (TYO:9531) said it plans to transfer part of its service business for industrial customers to its wholly owned subsidiary Tokyo Gas Engineering Solutions Corp. through an absorption-type company split, effective April 1, 2027, according to a Tokyo Stock Exchange filing on Monday.The Tokyo-listed company said that the businesses to be transferred include digital and visualization, water, utility, and cogeneration services, excluding certain operations.The businesses subject to absorption recorded 166 million yen in sales for the fiscal year ended March, while assets to be transferred totaled 344 million yen, and the transfer is aimed at accelerating nationwide expansion.

TYO:9531
Asia

Japanese Stocks Rise Amid Fed Rate Hold, Oil Falls

Japanese stocks gained after the US Federal Reserve kept interest rates unchanged and offered little clarity on its policy outlook, pushing the yield on 30-year Treasury bonds to its highest level in nearly 20 years.The benchmark Nikkei 225 closed up 433.24 points, or 0.71%, at 61,867.43.Oil prices slipped even as renewed tensions in the Middle East were sparked by the latest US retaliation following Iran's strikes on the US bases in the Gulf on Tuesday. The escalation could push oil prices higher again.On the corporate side, Toyota Motor (TYO:7203) reported its first-half global sales and production declined for the first time in two years, hit by slowing overseas demand, according to a Thursday release.Also, Tokyo Gas (TYO:9531) posted a 65% year-over-year decline in attributable profit for the fiscal first quarter to 35.6 billion yen from 101.7 billion yen.

Nikkei 225TYO:7203TYO:9531
Asia

Tokyo Gas' Fiscal Q1 Attributable Profit Slides 65%

Tokyo Gas (TYO:9531) posted a 65% year-over-year decline in attributable profit for the fiscal first quarter to 35.6 billion yen from 101.7 billion yen.EPS was 107.15 yen, compared with 282.35 yen a year earlier, according to a Tokyo bourse filing on Thursday.Net sales rose 4% to 673.4 billion yen from 647.3 billion yen for the three months ended June 30.For the fiscal year ending March 31, 2027, the company expects attributable profit of 137.0 billion yen, EPS of 418.28 yen and net sales of 2.947 trillion yen.The company plans to pay interim and year-end dividends of 60 yen per share each for the current year, higher than the year-ago period.

TYO:9531
Asia

Market Chatter: Japan Monitors LNG Supply Risks Amid Strike at Inpex's Ichthys Project

Japan is monitoring the impact of an ongoing strike at Inpex's (TYO:1605) Ichthys LNG project in Australia after a court rejected a bid to halt the action, Reuters reported on Wednesday, citing Industry Minister Ryosei Akazawa.Akazawa said the government remains in close contact with Inpex and is tracking labour negotiations, fuel procurement, and utilities' contingency measures to maintain stable energy supplies, the newswire said.The Offshore Alliance reportedly plans to extend the strike until July 6, potentially disrupting LNG shipments from the facility, which produces roughly 9.3 million tons annually, the publication said.The project is majority-owned by Inpex at 67.82%, with TotalEnergies, Taiwan's CPC, Osaka Gas(TYO:9532), Kansai Electric Power (TYO:9503), JERA and Toho Gas (TYO:9533) holding the remainder, the report said.Japanese utilities, including equity partners along with Kyushu Electric (TYO:9508) and Tokyo Gas( TYO:9531), collectively purchase about 5.7 million tons per year from the project, it said.Inpex declined to comment on the strike's effect on production or shipment volumes, the news agency said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:1605TYO:9503TYO:9508TYO:9531TYO:9532TYO:9533
Asia

Gas Malaysia Partners With Tokyo Gas and VTTI for Kedah LNG Terminal

Gas Malaysia (KLSE:GASMSIA) will commit 49.8 million ringgit toward the proposed liquefied natural gas (LNG) re-gasification terminal in Kedah, Malaysia, according to a Friday Malaysian bourse filing.Shares slid 1% in Monday's late afternoon trade.The project will be under a joint development agreement signed with Tokyo Gas (TYO:9531) and VTTI, with a total development cost of 72 million ringgit. Gas Malaysia will spearhead the joint venture as project lead, holding a dominant 70% participating interest, while Tokyo Gas and VTTI will each maintain a 15% equity stake.The agreement follows an earlier approval from Malaysia's Energy Commission.The partners will jointly carry out technical, commercial, and regulatory development work ahead of a final investment decision on the project.The terminal is expected to strengthen Malaysia's LNG import capacity, improve energy security and support industrial growth in the northern region, the filing said.

KLSE:GASMSIATYO:9531

Track with the FINWIRES app suite

FolioX
FolioX
Track TYO:9531 in your portfolio
WheelAI
WheelAI
Analyze TYO:9531 options with the wheel strategy
StockInsider
StockInsider
See market sentiment on TYO:9531