Introduction

NewGroup

Introduction
ContentsSlogan
CEO’s Message

CEO’s Message

How We Create Value

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report01

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

CEO’s Message
How We Create ValueBusiness Strategy

We should never stop the energy supply. As an energy provider
that stands by our customers and supports society, we areresponsible for ensuring a stable supply of energy. At the sametime, we must contribute to achieving a decarbonized society. Itis also our responsibility to address climate change head-on fora sustainable global environment. By working simultaneously
toward these two objectives and further creating value thattranscends the framework of energy, we aim to“Be an Energy Driver.”IntroductionAchieving Twin Goals:
A Stable Supply of Energy andDecarbonization

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation ProcessPromoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report02

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Our Commitment
Introduction

Approx.

*Tokyo Gas Network Co., Ltd.

Corporate Strategy
Financial Data

For more than 130 years since our founding, we have done our utmost
to ensure the safety and security of our customers as an energy
provider. We have advanced our disaster prevention systems bystrengthening pipeline networks and arranging seismometers in dense
configurations to provide more comprehensive disaster preparedness.
Even when our business environment includes unpredictable factors
such as the COVID-19 pandemic and geopolitical risks, we remain
responsible for maintaining a stable energy supply and protecting ourcustomers’ daily living and business activities.

Business Strategy

4,000locations

How We Create Value

Seismometers in the service area*

CEO’s Message

Protecting Safe and Secure
Living of Our Customers

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report

03

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Our Commitment
Introduction

Photo courtesy of INPEX Corporation

10 carriers

13 million

As the energy system becomes more decentralized and bidirectional, the energy
market grows increasingly complex. Against this backdrop, we will harness theflexibility of the entire value chain and utilize digital technologies to optimize
and control supply and demand.
We will serve the diverse needs of our customers, such as for stability,
environmental friendliness, and optimization, by offering a variety of energy
sources, including LNG, renewable energy, e-methane, and hydrogen.

Renewable energy transaction volume

In Japan and overseas

In Japan and overseas

2.118 mn kW

1.633 mn kW

Total ofTotal of

Financial Data

Gas generation capacity

Corporate Strategy

4 locations

13 million tons

Business Strategy

LNG terminals

4 countries / 13 projects

No. of customer accounts

How We Create Value

Serving Diverse
Customer Needs witha New Model for
Stable Supply

LNG procurement

CEO’s Message

LNG carriers owned andmanaged by the company

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin

04

Tokyo Gas Group Integrated Report 2023

* Data is as of the end of March 2023

Corporate Governance Report
Sustainability Factbook

Our Commitment
Introduction

CO2 reduction contribution (2030)

17CO2CO2CO2CO2CO2Net-zeroemissions

CO2 absorbed
by forest conservation,
reforestation, etc.

CO2CO2CO2Financial Data

CO emitted

2across the LNG value chain

CO2Corporate Strategy

CO2Business Strategy

mn tons

How We Create Value

We are committed to promoting a responsible transition towards a decarbonizedsociety, taking into account factors such as stable supply and economic viability. To
achieve these goals, we will promote the sophisticated use of natural gas to steadily
reduce CO2 emissions across society.
One solution could be carbon-neutral LNG. This refers to LNG that offsets theCO2 emitted from natural gas through carbon credits generated through forest
conservation and other activities. On a global scale, this type of LNG is considered
to be carbon neutral, even if combusted. We are committed to working with ourcustomers to achieve net-zero CO2 emissions by promoting and expanding the use ofcarbon neutral LNG.

CEO’s Message

Responsibly Leading the Transition byMaking Sophisticated Use of Natural Gas

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report

05

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Our Commitment
Introduction

Our goal is to realize decarbonization that leaves no one behind.

Corporate Strategy

CO2Business Strategy

Net-zero

To realize a net-zero CO2 world, innovation to decarbonize gas and electricity
is essential. We are developing methanation technologies, which recycles CO2,
alongside the expansion of renewable power sources, and are making moves
to replace city gas with carbon-neutral “e-methane.” By utilizing existing
infrastructure, we aim to achieve net-zero CO2 without extensive investments.

How We Create Value

CO2 emissions by theTokyo Gas Group (2050)

CEO’s Message

Achieving Net-Zero CO2 andRealizing a Decarbonized Society
through Innovation

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation ProcessPromoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report

06

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Our Commitment
Introduction
CEO’s Message
How We Create Value

Providing Value with Solutions
That Go Beyond Energy

Business Strategy
Corporate Strategy

Business portfolio composition:
Operating profit + equity income of subsidiaries
OverseasSolutions, etc.

Energy (gas + electricity + networks)

Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance17%

FY2022
results
73%

25%

10%

2030
Vision50%

Financial Data

We view the trends of decarbonization and digitalization, along with other changes in thebusiness environment, as significant opportunities to make a major leap forward.
We also recognize the increasing geopolitical risks as important social issues that must
be addressed.
By accelerating the shift of our resources toward new growth areas, we aim to transform
our business model and provide value centered on resilience, optimization, anddecarbonization, through solutions that go beyond the boundaries of the energy business.
With transformation as our byword, we are committed to pursuing sustainable
development of society and further enhancing value for our customers.

Introduction

Financial Data

25%
Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report

07

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Our Purpose
Introduction
Business Strategy
Corporate Strategy
Financial Data

The Tokyo Gas Group will constantly strive tobuild the future of people’s lives, communities,and our planet.

How We Create Value

Respecting and sincerely engaging
all indivisuals and society,making meaningful contributions.
These are the beliefs we have cherishedsince our founding.
While upholding these principles, we willcontinue to challenge ourselves to thinkbeyond conventional boundaries and be
mindful of everyone in the world, striving tocontribute to society.

CEO’s Message

Standing by Every Personand Dedicating Ourselvesto the Society

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Web Site
Investor Relations Website
Investors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report

08

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook

Introduction
CEO’s Message
Business Strategy
Corporate Strategy

Now Beginningwith the Three
Years That
Weaves the Future

How We Create Value

Toward achieving
Compass2030

Introduction
Contents

CEO’s Message

How We Create ValueThe Value Creation Process
Promoting Sustainability and Material issues

Business Strategy
Compass2030 & Compass Action
Compass Transformation 23-25
Introduction of Internal Companies
CFO’s Message

Corporate Strategy
Sustainability
Corporate Governance

Financial Data

Financial Data

Web Site
Investor Relations WebsiteInvestors’ Guide(Financial Data and Industry Data)
Financial Results Presentation Materials
Financial Results Bulletin
Corporate Governance Report09

Tokyo Gas Group Integrated Report 2023

Sustainability Factbook