TOKYO GAS AT A GLANCE
Years ended March 31

Sales Ratio / Operating Income Ratio
Year ended March 31, 2011

City Gas Sales

82.6%

65.6%

Gas Appliancesand Installation
Work

1.1%

10.3%

Other Energies

6.8%

12.8%

Real Estate

3.5%

1.9%

TOKYO GAS ANNUAL REPORT 2011

Other

22

6.0%

9.4%

TOKYO GAS AT A GLANCE

Sales (left) / Operating Income (right)¥ billion

1,500

300
1,137.0

1,046.1
1,000

200
136.1

115.5
500

100

00

1011

¥ billion

300

15200

10177.4

169.7

100
1.8

001011¥ billion

300

30
221.2

200

20157.2
11.1

100

We sell gas cooktops, water heaters, gas air conditioning systems that use
hot water, “ENE-FARM” residential fuel cells, gas heat pump air conditioning
systems, and other products. These sales are mainly handled by Tokyo Gas
LIFEVAL, Enesta, and Enefit, which represent the core of Tokyo Gas’s community-based marketing system. We also install gas pipes and valves inproperties owned by customers in our service area. (External sales ratio: 92.9%)• The year under review saw the addition of two newly consolidated Tokyo Gas
LIFEVAL companies, resulting in a 4.5% increase in sales, to ¥177.4 billion.
However, operating income declined 14.3%, to ¥1.8 billion, due to a fall in gas
appliance sales amid stagnation of new housing starts.

This segment includes energy services, LPG, electric power, and industrial
gas. (External sales ratio: 94.1%)• In addition to growth in our energy services business, we achieved an expansion of our electric power business thanks to the start up of operations at theOhgishima Power Station. Segment sales jumped 40.7%, to ¥221.2 billion, andoperating income surged 62.4%, to ¥11.1 billion.

106.8001011¥ billion

60

1540

10

32.7

32.7
6.7

5.7
20

This segment is mainly involved in leasing, management, and related activities for the Shinjuku Park Tower and other office buildings. The Group’s
real estate management activities are principally conducted by Tokyo Gas
Urban Development Co., Ltd., which accounts for over 90% of the segment’s sales. In addition, this subsidiary leases land in such areas as Ginza
and Gofukubashi. (External sales ratio: 35.7%)500• Owing to healthy steady trends in building leasing fees, sales remained mostlyunchanged, at ¥32.7 billion. However, operating income declined 15.1%, to¥5.7 billion, due to an increase in the loss on retirement of noncurrent assets.

30

This segment includes information processing, shipping, credit and leasing, and construction. (External sales ratio: 45.1%)

11¥ billion

300

161.6

20

162.3
9.96.401001011• Segment sales remained mostly unchanged, edging up 0.4%, to ¥162.3 billion.
However, operating income jumped 52.5%, to ¥9.9 billion, due to a shift fromthe declining balance method to the straight-line method for the depreciationof tankers.

TOKYO GAS ANNUAL REPORT 2011

10100

• The gas sales volume rose 7.9% year-on-year, to 14,745 million m3.
• Due to an increase in gas unit prices under the gas rate adjustment system anda rise in sales volume, sales climbed 8.7%, to ¥1,137.0 billion.
• Operating income grew 17.9%, to ¥136.1 billion, due to a reduction in costs
from actuarial differences in retirement benefit accounting, which more thanoffset rising raw materials prices.

52.1200Tokyo Gas uses its three LNG terminals along the shores of Tokyo Bay tovaporize LNG, its main gas resource. We sell city gas to more than 10 million customers, primarily in the Kanto region, through a pipeline network ofaround 57,000 kilometers. (External sales ratio: 94.7%)

23