ContentsIntroduction

TOKYO GAS GROUP

CEO’s Message

Integrated Report 2022

How We Create Value
Compass2030

Contents
01 Introduction

09 CEO’s Message
13 How We Create Value
14 The Value Creation Process

Editorial Policy
45 Corporate Governance45505253545557

Corporate Governance
Officer Remuneration System
Internal Control System
Compliance
Risk Management System
List of Executives
Messages from Outside Directors

15 Promoting Sustainability andMateriality

19 Overall Strategy
21 CFO’s Message
23 Progress of the Medium-termManagement Plan and KPIs
25 Challenge 1: Lead transition toNet-Zero CO2
30 Challenge 2: Establish avalue co-creation ecosystem
32 Challenge 3: Transform theLNG value chain

34 Invisible Assets
35373940

Technology Development
Diversity of Human resorces
Energy Security
Last Mile Operation of Tokyo Gas

41 Information Disclosure Based on
TCFD Recommendations

Information Disclosure Basedon TCFD Recommendations

Organizations covered
Tokyo Gas Co., Ltd. and Tokyo Gas Group companies (subsidiaries and affiliates) inJapan and overseas

Corporate Governance

Period covered

Financial Data

Business Overview

Fiscal Year 2021 (From April 1, 2021 to March 31, 2022; including information on some
activities prior to and after the period)
Cautionary statement regarding forward-looking statements

58 Business Overview
17 Compass2030

Invisible Assets

5960616263
64

Asset Optimization & Trading Business
Gaseous Energy Expansion Business
Solutions Business B2C/B2B
Solutions Business B2B
Global Business
Real Estate Business

65 Financial Data
65 10-Year Consolidated Financial Highlights
67 Consolidated Balance Sheets
68 Consolidated Statements of Income/Consolidated Statements ofComprehensive Income
69 Consolidated Statements of Cash Flows
70 Delayed Impact of Gas Rate Adjustment
SystemThe plans, forecasts, strategies, and other non-historical information contained in thisreport are forward-looking statements of the Tokyo Gas Group. These results are basedon the judgment of the management of the Tokyo Gas Group, which was based on
currently available information. Please note that actual results may differ significantly
from these forecasts due to various factors. Important factors that can affect actual
business results include developments in the Japanese economy and crude oil prices,fluctuations in temperature and the yen/U.S. dollar exchange rates, and the Tokyo Gas
Group’s response to rapid technological innovation and deregulation.
The Tokyo Gas Group publishes this report so that all stakeholders, including
shareholders and investors, better understand the feasibility of sustainable management
and increasing corporate value of the Tokyo Gas Group. More detailed information andthe latest information including news releases are available on the corporate website.
Investor Relations Website
https://www.tokyo-gas.co.jp/en/IR/index.html
Investors’ Guide (Financial Data and Industry Data) https://www.tokyo-gas.co.jp/en/IR/library/invguid_j.html
Financial Results Presentation Materials

https://www.tokyo-gas.co.jp/en/IR/library/document_j.html

Financial Results Bulletin

https://www.tokyo-gas.co.jp/en/IR/library/earn_j.html

Corporate Governance Reporthttps://www.tokyo-gas.co.jp/en/IR/gvnnc/pdf/governance.pdf

Web Site

Investor Relations Website

Sustainability Report

Investors’ Guide (Financial
Data and Industry Data)

https://www.tokyo-gas.co.jp/sustainability/download/index.html?wovn=en

Financial Results
Presentation Materials
Financial Results Bulletin
Corporate Governance
ReportTokyo Gas Group Integrated Report 2022

8

Sustainability Report