Hokkaido Gas Co (TSE:9534) Total Assets: 円198,198 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9534 Hokkaido Gas Co Ltd TSE:9534
74 GF Score
Price 円776.00
GF Value 円568.93
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hokkaido Gas Co Total Assets?

Hokkaido Gas Co TSE:9534 +0.26% 74 Total Assets is 円198,198 Mil as of Mar. 2026. GuruFocus rates TSE:9534 with a GF Score™ of 74/100 and a GF Value™ of 円568.93 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Hokkaido Gas Co's Total Assets for the quarter that ended in Mar. 2026 was 円198,198 Mil.

During the past 12 months, Hokkaido Gas Co's average Total Assets Growth Rate was 2.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.30% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was 4.00% per year.

During the past 13 years, Hokkaido Gas Co's highest 3-Year average Total Assets Growth Rate was 6.90%. The lowest was 0.30%. And the median was 3.15%.

Total Assets is connected with ROA %. Hokkaido Gas Co's annualized ROA % for the quarter that ended in Mar. 2026 was 11.68%. Total Assets is also linked to Revenue through Asset Turnover. Hokkaido Gas Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.30.


Hokkaido Gas Co  (TSE:9534) Total Assets Explanation

Total Assets is connected with ROA %.

Hokkaido Gas Co's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=22980/( (195216+198198)/ 2 )
=22980/196707
=11.68 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Hokkaido Gas Co's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=59767/( (195216+198198)/ 2 )
=59767/196707
=0.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Hokkaido Gas Co Total Assets Related Terms


Hokkaido Gas Co Total Assets Historical Data

* Premium members only.

The historical data trend for Hokkaido Gas Co's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hokkaido Gas Co Total Assets Chart

Hokkaido Gas Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160,433.00 183,797.00 186,366.00 195,431.00 198,198.00

Hokkaido Gas Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195,431.00 180,625.00 183,842.00 195,216.00 198,198.00
TSE:9534
74GF Score
Hokkaido Gas Co Ltd TSE:9534
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkaido Gas Co Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Hokkaido Gas Co's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=99709+98489
=198,198

Hokkaido Gas Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=99709+98489
=198,198

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of 円198,198 Mil mean?
Hokkaido Gas Co (TSE:9534) has a Total Assets of 円198,198 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Hokkaido Gas Co and its competitors.
Is Hokkaido Gas Co's Total Assets too high?
Hokkaido Gas Co's current Total Assets is 円198,198 Mil. Overall, Hokkaido Gas Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkaido Gas Co's Total Assets compare to ATO and NI?
Hokkaido Gas Co's Total Assets of 円198,198 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Utilities - Regulated company?
A good Total Assets depends on the Utilities - Regulated industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Hokkaido Gas Co and its competitors. Hokkaido Gas Co's current Total Assets is 円198,198 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkaido Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkaido Gas Co (TSE:9534) is currently considered Significantly Overvalued. The stock's GF Value™ is 円568.93, compared to a current price of 円776.00 — trading 36.4% above its estimated fair value. The current Total Assets is 円198,198 Mil. Hokkaido Gas Co's overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Hokkaido Gas Co (TSE:9534), the current Total Assets is 円198,198 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hokkaido Gas Co (TSE:9534) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkaido Gas Co stock appears to be overvalued. The current stock price of 円776.00 is trading 36.4% above its estimated GF Value™ of 円568.93. GuruFocus considers Hokkaido Gas Co to be Significantly Overvalued.

Key valuation signals for TSE:9534:

  • Total Assets: 円198,198 Mil
  • GF Value™: 円568.93 vs. price of 円776.00 (36.4% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:9534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkaido Gas Co Business Description

Address Kita 7-jo Higashi 2-chome 1-1, Sapporo City Higashi Ward, Sapporo, JPN
Hokkaido Gas Co Ltd is a Japan-based company operating in the utility sector. Its business activities included gas, heat supply, power supply, and sale of gas by-products. The company is also engaged in the production and sale of gas appliances and related construction work. Hokkaido serves to individual and corporate customers in areas throughout Japan including Sapporo, Otaru, Hakodate, Chitose, Ishikari, Kitahiroshima, Eniwa, Hokuto, and Kitami.
74GF Score

Get the complete analysis for TSE:9534

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円776.00
Price
円568.93
GF Value