Saibu Gas Holdings Co Ltd operates in the Natural gas distribution sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saibu Gas Holdings Co Ltd with three other
companies in this sector in JAPAN :
Hokkaido Gas Co., Ltd.
(2021
sales of 118.16 billion Japanese Yen [US$1.03 billion]
of which 50%
was Gas),
Hiroshima Gas Co Ltd
(73.25 billion Japanese Yen [US$640.21 million]
of which 79%
was Gas Business), and
Nippon Gas Co., Ltd.
(143.49 billion Japanese Yen [US$1.25 billion]
of which 50%
was LP Gas).
Sales Analysis.
During the first
fiscal
quarter of 2022, sales at Saibu Gas Holdings Co Ltd totalled
¥50.08 billion.
This is
an increase of 15.3%
from the ¥43.43 billion in sales at the company during the first quarter of 2021.
This was the largest same quarter increase in sales since the fourth
fiscal
quarter of 2018.
Sales at Saibu Gas Holdings Co Ltd appear to have some seasonality: during each of the previous 9
fiscal
years, sales have been highest during the fourth quarter, which has accounted for
between 28.7% and 32.6%
of the annual
fiscal year
sales.
Saibu Gas Holdings Co Ltd reported sales of ¥191.99 billion (US$1.68 billion)
for the
fiscal
year ending
March of 2021.
This
represents
a
decrease of 6.1%
versus 2020, when the company's sales were ¥204.45 billion.
The sales level in 2021 was fairly close to the level five years ago: in 2016, Saibu Gas Holdings Co Ltd had sales
of ¥190.38 billion.
Contributing to the drop in overall sales was the 12.0% decline
in Others, from ¥23.04 billion to ¥20.26 billion.
There were also decreases in sales in
Gas (down 9.8% to ¥110.50 billion)
.
However, these declines were partially offset by the increase in sales of
Real Estate (up 2.0% to ¥31.91 billion)
and
Lpg and Other Energy (up 6.2% to ¥29.31 billion)
.