Corporate GovernanceTokyo Gas works to ensure continued development while consistently earning the trust of customers, shareholders, and society. Based on this philosophy, we aim to achieve a continuous increase in our corporate
value through enhancing corporate governance systems. We are endeavoring to develop systems with acommitment to management legality, soundness, and transparency. Tokyo Gas continues to emphasize theimportance of accurate and prompt decision making, efficient business operations, strengthening of auditing
and monitoring functions, and clarification of management and executive responsibilities.

Board of Directors
In principle, the Board of Directors meets once a month to discussand decide important matters regarding business operations. Directors must submit reports to the Board of Directors regarding thestatus of execution of their duties periodically and when deemednecessary, allowing the board to monitor the performance of directors.
The Board of Directors comprises 11 directors, 3 of whom areoutside directors. In addition, the term of directors is set at one yearwith the goal of further clarifying managerial responsibility.

Outside Directors
In accordance with their individual experience and knowledge, theoutside directors strive to secure the soundness and appropriatenessof deliberations and decisions regarding business execution. From an
independent viewpoint, the outside directors monitor the performanceof duties by the directors and exercise their authority at meetings ofthe Board of Directors. In this way, the outside directors contribute to

the improvement of the rationality and objectivity of the Company’sbusiness execution and of the deliberations and decisions of theBoard of Directors.
In making judgments about matters related to the independenceof outside officers, such as capital, transactions, and relationships,
we comprehensively verify that they are unlikely to have conflicts ofinterest with general shareholders and they are in a position thatenables them to be objective and neutral, and on that basis we makea judgment on their independence. The Advisory Committee has
confirmed that none of the outside officers has a material conflictof interest with the Company—in regard to capital, transactions,or relationships—and has confirmed their independence in accordance with the above standards. The committee’s decision has beenreported to the Board of Directors, which has designated themas independent officers and reported that designation to the stock
exchanges on which the Company is listed.

Outside Director’s Reason for Appointment
Name

Yukio Sato
Ryuichi Tomizawa

Major concurrent positions

Reason for appointment

Vice Chairman of The Japan
Institute of International Affairs

The Company’s management will benefit from Yukio Sato’s international way of thinking nurtured throughdiplomacy, wide perspective, and in-depth knowledge.

—

The Company’s management will benefit from Ryuichi Tomizawa’s international way of thinking nurtured in
the aggressive overseas penetration of the chemical industry, wide perspective, and in-depth knowledge.

—

The Company’s management will benefit from Yoshihiko Nakagaki’s management way of thinking nurtured
in a wide range of business development activities, including electric power source development andelectric power wholesale supply, and his advanced capabilities in management, such as the implementationof reforms reflecting changes in the operating environment.

Yoshihiko Nakagaki

Realizing Accurate, Rapid Decision Making and Efficient
Business Execution
The Corporate Executive Committee, which meets weekly as a
general rule, deliberates on provisions stemming from Board of
Directors’ resolutions and important management-related issues. The
Company has introduced an executive officer system for businessexecution in accordance with decisions of the Board of Directors.

Substantial authority has been delegated to executive officers in theirdesignated areas of responsibility, while directors, as appropriate,
receive reports on the status of execution from executive officers andmonitor the executive officers. In addition, executive officers report to
the Board of Directors as needed. (To clarify management responsibility and executive responsibility, the terms of office of directors andexecutive officers have been fixed at one year.)

Audit & Supervisory Board Members
The audit & supervisory board members meet once a month as a
general rule and otherwise as needed. The five members of theboard, which include three outside audit & supervisory board members, conduct deliberations and make reports.
In line with the Corporate Auditor’s Audit Standards, each audit &supervisory board member conducts effective audits through thefollowing principal initiatives.

• ‌The audit & supervisory board members attend meetings of theBoard of Directors, the Corporate Executive Committee, andother important meetings. They state their opinions relating tolegality and other perspectives when necessary.

• ‌The audit & supervisory board members conduct research into
the state of operations at the head office, business offices, andsubsidiaries and hold discussions with directors to exchange
opinions, both on a regular basis and otherwise as needed.

• ‌The audit & supervisory board members cooperate closely with
the Internal Audit Department, which is the internal audit organization, and with the independent auditors and strictly audit theexecution of duties by the directors, targeting the establishmentof a high-quality corporate governance system.

• ‌In regard to the internal control system for financial reporting,the audit & supervisory board members receive evaluations ofinternal control and reports on the status of audits from theBoard of Directors, etc., and KPMG AZSA LLC.
Tokyo Gas Annual Report 201436

Corporate GovernanceOutside Audit & Supervisory Board Members
The outside audit & supervisory board members conduct audits /monitoring from an independent viewpoint and contribute to improving the rationality and objectivity of the Company’s business execution and of the deliberations of the Board of Directors through theirstatements at meetings of the Board of Directors. In addition, throughtheir statements & the exercise of their majority voting rights atmeetings of the Audit & Supervisory Board, the outside audit &supervisory board members contribute to assuring and improving thelegality, appropriateness, rationality, and objectivity of the audits by
the audit & supervisory board members. In addition, with the objective of assuring the effectiveness of audits by the audit & supervisoryboard members, the Company invites outside audit & supervisoryboard members who have a substantial degree of knowledge about
finance and accounting.

In making judgments about matters related to the independence ofoutside officers, such as capital, transactions, and relationships, we
comprehensively verify that they are unlikely to have conflicts ofinterest with general shareholders and they are in a position thatenables them to be objective and neutral, and on that basis we makea judgment on their independence. The Advisory Committee has
confirmed that none of the outside officers has a material interest with
the Company—in regard to capital, transactions, or relationships—
and has confirmed their independence in accordance with the above
standards. The committee’s decision has been reported to the Boardof Directors, which has designated them as independent officers andreported that designation to the stock exchanges on which theCompany is listed.

Outside Audit & Supervisory Member’s Reason for Selection
Name

Yoshihiko Morita

Major concurrent positions

Reason for appointment

President of Japan Institute forOverseas Investment Outside Directorof Kawasaki Heavy Industries, Ltd.

The Company’s auditing will benefit from Yoshihiko Morita’s expansive international way of thinking
and deep insight nurtured through work in the fields of international finance and overseas
economic cooperation.

—

The Company’s auditing will benefit from Kojiro Otani’s abundant experience of organizational
management acquired in local government as well as his deep insight.

—

The Company’s auditing will benefit from Wako Tojima’s wealth of expertise and deep insight asa science journalist.

Kojiro Otani
Wako Tojima

Officer Remuneration
In 2005, the Company formulated the basic policy on officer remuneration, which outlines the method of remuneration for directors, etc.
At a meeting of the Board of Directors in February 2012, the policy
was revised as follows.

(3) Remuneration of outside directors shall comprise monthly remuneration and bonus. Monthly remuneration shall comprise only fixed
remuneration, while bonus shall be the same as that of inside directors.
4 Remuneration of Audit & Supervisory Board Members

1 Role of Officers and Remuneration

The role demanded of officers is to seek to enhance short-, medium-,and long-term corporate value, and officer remuneration shall serveas an effective incentive for them to perform that role.
2 Level of Remuneration

The level of officer remuneration shall be suitable for the role, responsibility, and performance of the officer.

and Its Composition(1) Remuneration of audit & supervisory board members shall be paid
within the scope of the remuneration limit approved at the General
Shareholders’ Meeting determined through discussions among audit& supervisory board members.
(2) Remuneration of audit & supervisory board members shall comprise only fixed monthly remuneration.
5 Assurance of Objectivity and Transparency

3 Remuneration of Directors and Its Composition(1) Remuneration of directors shall be paid within the scope of the
remuneration limit approved at the General Shareholders’ Meeting.
(2) Remuneration of inside directors shall comprise monthly remuneration and bonus. Monthly remuneration shall comprise fixed remuneration paid in accordance with the post of each individual andperformance-linked remuneration. The amount of bonus to be paid
shall be determined in accordance with the post of each insidedirector after performance evaluation.

37

Tokyo Gas Annual Report 2014of Remuneration System
The Company shall assure the objectivity and transparency of thesystem of officer remuneration by establishing and operating theAdvisory Committee comprising a number of outside directors,
outside audit & supervisory board members, and inside directors togovern the system of personnel affairs and remuneration of officers.

Total Remuneration for Directors and Audit & Supervisory Board Members (Fiscal 2013)
Millions of yen
TypeRemuneration for directors (excluding outside directors)

10*1

Remuneration for audit & supervisory board members(excluding outside audit & supervisory board members)

3*1

Remuneration for outside officers(outside directors and outside audit & supervisory board members)

7*1

Thousands of U.S.dollars*2
Type

Total value of
remuneration

Base

Bonuses

Base

Bonuses

¥436

¥385

¥51

$ 3,775

$500

¥ 74

¥ 74

—

$

725

—

¥ 64

¥ 58

¥ 6

$

569

$ 59

*1	The number of officers included in the total value of remuneration for directors, audit & supervisory board members, and outside officers includes two directors and two audit & supervisory board members(of which one was outside officer) who retired upon the conclusion of the 213th Annual Shareholders’ Meeting.
*2	Equivalent U.S. dollar amounts are included for the convenience of readers outside Japan and are converted at a rate of ¥102 per U.S. dollar, the prevailing exchange rate at the end of March 2014. These
conversions should not be construed as representations that the Japanese yen amounts have been, could have been, or could in the future be, converted into U.S. dollars at this or any other rate of exchange.

Corporate Governance System
Customers

Local Community

Shareholders / Investors

General Shareholders’ Meeting
Appointment

Appointment

ReportReport submission

Answer*3

Collaboration

Advisory Committee*2

Board of Directors*1
Inquiry

Audit, etc.

Collaboration

Internal Audit Department

Independent Auditors

ReportAudit & Supervisory Board

Appointment

General Shareholders’ Meeting
Stakeholders
Tokyo Gas Co., Ltd.
Business Operations

Management Ethics Committee

President(Corporate Executive Committee*4)

ReportApproval

Deliberation
and report

Safety Committee
Customer Satisfaction Promotion Committee
Investment Evaluation Committee
Environmental Committee

Settlement andmonitorCollaboration

Audit

Report submission

MonitorReport submission

Corporate Communications Promotion Committee
Risk Management Committee

Audit

Other In-House Committees

Business Departments /Subsidiaries and Affiliates

Add to agenda and report
Decision and monitoring*1	‌Board of Directors: 11 directors (3 outside directors and 8 internal directors)*2 Advisory Committee: 3 representatives from outside directors and outside audit & supervisory board members, Chairman (1), and President (1)*3 Audit & Supervisory Board: 5 audit & supervisory board members (3 outside auditors and 2 internal auditors)*4	Corporate Executive Committee: President, 2 Executive Vice Presidents, and 11 Senior Executive Officers (3 of the representative directors also serve as President and Executive Vice Presidents)

Overview of Corporate Governance SystemAs of June 27, 2014

Number of directors
Average age of directors

11
65.4

Number of outside directors

3

Number of independent officers

6

Number of audit & supervisory board members

5

Number of outside audit & supervisory board members

3

Participation of outside directors / outside audit & supervisoryboard members in determination of remuneration

Yes

Participation of outside directors in determination of director
candidates

Yes

Number of meetings of Board of Directors*

12

Attendance rate of outside directors at meetings of Board of
Directors*
Term of office of directors

Working to Promote Transparent Management
and Create a Flexible and Open Corporate Culture
In fiscal 2002, the Company established the Management Ethics
Committee, chaired by the President. We also formed in-housecommittees to address issues that are important from a management
perspective, such as compliance, safety, customer satisfaction, andrisk management. This structure facilitates the sharing of information
within the Group as well as deliberations and adjustments regarding
the Group’s overall direction.

97%
One year

Results-linked remuneration

Yes

Share purchase system to reflect the perspective of shareholders
in management

Yes* Total for the period from April 2013 to March 2014

Tokyo Gas Annual Report 201438

Corporate Governance

Advisory Committee
In February 2005, we established the Advisory Committee. It has
been defined that this committee will have no more than six members
consisting of no more than three representatives from outside of theCompany and no more than three internal representatives, and that
one of the outside representatives will serve as the committee’schairman. Today, the Advisory Committee has five members—three
representatives from the outside directors and outside audit &supervisory board members as well as the Chairman and the President. The committee works to assure objectiveness and transparency
in management. In accordance with inquiries from the Board of
Directors, the Advisory Committee deliberates on officer candidates
and officer remuneration in a fair and appropriate manner and makes
reports to the Board of Directors. The committee also deliberates on
the independence of outside officer candidates.

Independent Auditors
The Company has concluded an auditing contract with KPMG AZSA
LLC for auditing services based on the Companies Act and auditing
services based on the Financial Instruments and Exchange Act, as
well as internal control audits based on the Financial Instruments andExchange Act, and the Company is being audited on that basis. The
Company’s audits are handled by three certified public accountants—
Teruhiko Tanaka, Shuichi Ikeya, and Masaru Miura. For each of theseauditors, the number of consecutive years of auditing service is sevenyears or less (as of June 27, 2014).

Compensation for Independent Auditors (Fiscal 2013)
Millions of yen

Thousands of
U.S.dollars*Compensation for auditing services¥263$2,578Compensation for non-auditing services¥ 39$  382

Total

¥302

$2,961*	Equivalent U.S. dollar amounts are included for the convenience of readers outside Japan, andare converted at a rate of ¥102 per U.S. dollar, the prevailing exchange rate at the end of March
2014. These conversions should not be construed as representations that the Japanese yenamounts have been, could have been, or could in the future be, converted into U.S. dollars at
this or any other rate of exchange.

Internal Control System
To secure management legality soundness and transparency and torealize its management philosophy, the Company has formulated the“Basic Policy on Development of Corporate Structures and Systems
for Ensuring Appropriateness of Operations (Internal Control System)
for the Tokyo Gas Group,” and the Company is applying this policy inan appropriate manner.

compliant to relevant laws and regulations, the articles of incorporation, and other rules. In addition, crisis management provisions havebeen formulated to limit losses from risks related to investments andnatural disasters. The Company also defines guidelines for ensuring
the independence of audit & supervisory board members and guaranteeing the effectiveness of the Audit & Supervisory Board.

Specifically, the Company has established systems to ensure that
directors and their assistants perform their duties in a manner that isCompliance
The Company has identified the following three points as its basic
policy and is promoting compliance on that basis.
• Fostering of a compliance oriented mentality• Compliance efforts by each workplace based on the Group policy• Establishment of the compliance PDCA cycle

we promote a thorough awareness of ongoing activities related to ourcode of conduct that was revised in 2004. We are also moving
forward with a compliance casebook designed for applying the codeof conduct to various problems in the workplace, so as to achieve thepermeation of compliance.

Compliance Risk Management
Compliance Structure
We have established the Management Ethics Committee, chairedby the President. This committee discusses at the management levelbasic compliance policies and all aspects of compliance initiatives
by the Company, monitors the implementation of compliance-related
measures, and confirms activity programs from the following year andthereafter. We have also established the Compliance Department tolead compliance-related activities for each unit. These include development of compliance promotion systems, encouragement awareness and educational campaigns about the code of conduct, compliance risk reduction measures, maintenance of advisory systems, andbroad-based distribution of information within and beyond the Tokyo
Gas Group companies. To cultivate an understanding of compliance,

39

Tokyo Gas Annual Report 2014

Through the effective operation of internal and external advisorysystems, we are endeavoring to ensure that compliance-related
problems are discovered and resolved quickly so that our corporate
self-regulatory processes will continue to function effectively.
We monitor the effectiveness of Group compliance promotion
activities by conducting regular compliance awareness surveys of all
employees. The results of these surveys are reflected in initiatives forthe following years. The Compliance Audit Sect., the Internal Audit
Department conducts audits of the Company, its subsidiaries, and its
affiliates from the viewpoint of strict compliance with laws, corporate
ethics, and social norms. When concerns are identified, the Group
conducts follow-up audits in the following year to verify progress intackling those concerns.

Risk Management System
Enterprise Risk Management System
In fiscal 2003, the Company established an enterprise risk management (ERM) system and drew up risk management regulations, which
include documented rules concerning major risks faced by the Group.
The Risk Management Committee was established in fiscal 2008
with the aim of tracking progress regarding the establishment and theoperational status of the ERM system as well as improving the level ofERM. The committee periodically undertakes risk assessments andchecks on the status of the ERM system. It also reports to the
Corporate Executive Committee and obtains the necessary approvals.

Moreover, in fiscal 2011, the risk management function was made theresponsibility of the Corporate Planning Department, and there has
been a framework in place for implementing unified ERM in conjunction with operational management.
Under the framework, around 120 Risk Management Promotion
Officers are deployed in the business departments of Tokyo Gas andits subsidiaries and affiliates in order to promote ERM. Each year, we
assess risks and the implementation and improvement status ofcountermeasures. This system facilitates the steady implementationof the ERM-PDCA (Plan-Do-Check-Act) cycle.

Enterprise Risk Management (ERM) System
Corporate Executive Committee
Confirmation of major Group risks
Reflection of results ofrisk assessment

Securities Markets and Other Stakeholders
Disclosure of risk information through Securities
Report, Financial results, Annual report, CSR report

Report / proposal for plan for assessment of major Group risks /other essential matters

Clear statement of risk
management policies

Risk Management Committee(Executive Office: Corporate Planning Dept.)
Identifying and confirming Group risk management
Report regarding results of risk assessment, status of implementation of countermeasures, status of improvement, etc.

Feedback of evaluation results /improvement proposals
Clear statement of risk
management policies

Business Departments / Subsidiaries and Affiliates(1) Identifying and evaluating risks, formulating and implementing risk
countermeasures(2) Improvement of risk assessment, countermeasures

Crisis Management System
Because the Company provides public services that comprise alifeline, for many years it has also had a crisis management systemthat serves as a response system in case an accident or otherrisk-related event actually occurs. Specifically, we have formulated
Emergency Response Organization Regulations. In case of crises,
including major natural disasters, such as earthquakes, or production
or supply disruptions arising from major accidents at pipelines or
terminals, as well as influenza, terrorism, failures in mission-critical IT
systems, and compliance problems, the Emergency Response
Organization responds to the situation immediately in accordancewith the Emergency Response Organization Regulations. Periodic
training is conducted in relation to major risk response measures.
Moreover, the Company has also formulated a business continuity
plan (BCP), outlining its responses in the event of a major earthquakeof the magnitude assumed by Japan’s Cabinet Office, a major
accident disrupting gas supply, a widespread blackout, an outbreakof influenza, etc. This plan is in place to reinforce the Company’s risk
management system.

Emergency Response Organization
Suggestion of establishment of Emergency Response Organization, etc.

President (Organization Leader)
Instructions /ordersReportBusiness Departments* The organizational unit in charge of the executive office
is determined in advance in accordance with the typeof the emergency.

Executive Office

Collaboration

Corporate Planning Dept.

(Groupwide coordination)

Tokyo Gas Annual Report 201440

Corporate Governance

Board of Directors and Audit & Supervisory Board Members As of June 27, 2014
Directors

Director, Chairman

Tsuyoshi Okamoto
Joined the Company

Shigeru Muraki

April

1970

July

1972

Joined the Company

June

2004	Director, Senior Executive Officer, and Division Manager of Strategic Planning Div.

April

2004

Senior Executive Officer and Division Manager of R&D Div.

April

2007	Representative Director, Executive Vice President, and in charge of Personnel
Dept., Secretary Dept., General Administration Dept., Compliance Dept.,
and Internal Audit Dept.

June

2007	Director, Senior Executive Officer, Division Manager of Energy Solution Div.,and General Manager of Volume Sales Dept. of Energy Solution Div.

April

April

2010

President, Representative Director, and Executive President

2010	Representative Director, Executive Vice President, Division Manager of Energy
Solution Div., and General Manager of Volume Sales Dept. of Energy Solution Div.

April

2014

Director and Chairman of the Board

April

2014

Representative Director, President

Michiaki Hirose

Joined the Company

Director, Vice Chairman of the Board

Representative Director

Matsuhiko Hataba

April

1974

April

2007	Senior Executive Officer and in charge of Corporate Planning Dept.,
Infrastructure Project Dept., Finance Dept., Accounting Dept., and AffiliatedCompanies Dept.

April

2009	Senior Executive Officer and Division Manager of Living Energy Div.

June

2009	Director, Senior Executive Officer, and in charge of Corporate Planning Dept.,
Corporate Communications Dept., and Affiliated Companies Dept.

June2012	Director, Senior Executive Officer, and in charge of Corporate Planning Dept.,
TG-Group Reorganization Project Dept., and Affiliated Companies Dept.

April

2012	Representative Director, Executive Vice President, andDivision Manager of Living Energy Div.

April

2013	Director, Senior Executive Officer, and in charge of Corporate Planning Dept.
and Affiliated Companies Dept.

April

2014

April

2014	Representative Director, Executive Vice President, and Division Manager ofResidential Sales and Service Div.

President, Representative Director, and Executive President

Representative Director

Yutaka Kunigo

Joined the Company

April

1976

April

2006	Executive Officer and General Manager of Personnel Dept.
of Business Support Div.

Joined the Company

Director

Kazuo Yoshino

April

1977

April

1975

April

2007	Executive Officer and General Manager of Gas Resources Dept. of Energy
Resources Div.

April

2005	Executive Officer and General Manager of Finance Dept.
of Strategic Planning Div.

April

2009	Senior Executive Officer and in charge of Investor Relations Dept.,
Finance Dept., and Accounting Dept.

June

2011	Director, Senior Executive Officer, Division Manager of Information Technology
Div., and in charge of Finance Dept. and Accounting Dept.

April

2010	Senior Executive Officer and Division Manager of Energy Resources Div.

June

2013	Director, Senior Executive Officer, and Division Manager of Energy Production Div.

April

2014	Representative Director, Executive Vice President, Division Manager of Energy
Solution Div., and General Manager of Volume Sales Dept. of Energy Solution Div.

Director

Masahiro Mikami

Joined the Company

Director

Hiroaki Kobayashi

April

1975

April

1980

Joined the Company

April2008	Executive Officer and General Manager of General Administration Dept.

April

2009

Executive Officer and General Manager of Customer Safety Dept.

April

2011	Senior Executive Officer and in charge of Purchasing Dept., Real EstateManagement Dept., Major Site Development Dept., andGeneral Administration Dept.

April

2012

Senior Executive Officer, and Chief Executive of Technology Development Div.

June

2014	Director, Senior Executive Officer, Chief Executive of Technology Development
Div., and in charge of Smart Energy Business Development Dept.

June

41

Director, Vice Chairman

Joined the Company

2013	Director, Senior Executive Officer, and in charge of Secretary Dept., General
Administration Dept., Corporate Communications Dept., Environmental Affairs
Dept., and Compliance Dept.

Tokyo Gas Annual Report 2014

Outside Directors

Outside Director

Outside Director

April

Joined the Ministry of Foreign Affairs

April

September 1998	Permanent Representative of Japan to the United Nations(Ambassador of Japan to the United Nations)1965	Joined Mitsubishi Kasei Industries Corporation(Current Mitsubishi Chemical Corporation)

April

2000	President of Mitsubishi-Tokyo Pharmaceuticals, Inc.
(Current Mitsubishi Tanabe Pharma Corporation)

June

2002	Member of the Board, President, and Chief Executive Officer of Mitsubishi
Chemical Corporation

Yukio Sato

February

1961

2003

President of The Japan Institute of International Affairs

December 2004

Commissioner of National Public Safety Commission

February

2009	Vice Chairman of The Japan Institute of International Affairs (Current position)

June

2010

Outside Director of the Company

Ryuichi Tomizawa

October 2005	Member of the Board, President of Mitsubishi Chemical Holdings Corporation
April

2007	Member of the Board, Chairman of Mitsubishi Chemical Holdings Corporation

June

2011

June

2012	Senior Corporate Advisor of Mitsubishi Chemical Holdings Corporation(Current position)

Outside Director of the Company

Outside Director

Yoshihiko Nakagaki
April

1961

June

1996	Director and Department Director of Corporate Planning Dept. of Electric Power
Development Co., Ltd. (J-POWER)

Joined Electric Power Development Co., Ltd. (J-POWER)

June

1998	Managing Director of Electric Power Development Co., Ltd. (J-POWER)

June

2000	Vice President and Representative Director of Electric Power Development
Co., Ltd. (J-POWER)

June

2001	President and Representative Director of Electric Power Development Co., Ltd.
(J-POWER)

June

2009	Corporate Advisor of Electric Power Development Co., Ltd. (J-POWER)

June

2012

June

2014	Honorary Counselor of Electric Power Development Co., Ltd. (J-POWER)(Current position)

Outside Director of the Company

Audit & Supervisory Board Members

Audit & Supervisory
Board Member

Manabu Fukumoto
April

1975

April

2006	Executive Officer and General Manager of General Administration Dept.
of Corporate Communication Div.

Joined the Company

Audit & Supervisory
Board Member

Tsutomu Oya
April

1975

Apri

2004	Executive Officer, General Manager of Urban Energy Business Dept. of Energy
Sales and Service Div., and Acting General Manager of Volume Sales Dept.
of Energy Sales and Service Div.

Joined the Company

June2009	Senior Executive Officer and in charge of Purchasing Dept., Real EstateManagement Dept., Major Site Development Dept., and Internal Audit Dept.

April

2006

June

2011

June

2009	Director, Senior Executive Officer, and Division Manager of Energy Resources Div.

Audit & Supervisory Board Member of the Company

Senior Executive Officer and Division Manager of Energy Resources Div.

April

2012	Director, Senior Executive Officer, and Division Manager of Energy Production Div.

June

2013

Audit & Supervisory Board Member of the Company

Outside Audit & Supervisory Board Members

Outside Audit & Supervisory
Board Member

Outside Audit & Supervisory
Board Member

April

March

1971

Joined Yokohama City Hall

April

2003

Director General of General Affairs Bureau of Yokohama City Hall

Yoshihiko Morita
1969

Joined Export-Import Bank of Japan

Kojiro Otani

October 2004	Deputy Governor and Managing Director of Japan Bank for International
Cooperation

April

2006

Director General of Waterworks Bureau of Yokohama City Hall

June

2012	President of Japan Institute for Overseas Investment (Current position)
Outside Audit & Supervisory Board Member of the Company

July

2008

Vice President of Kanagawa Water Supply Authority

June

2013

June

2013

Outside Audit & Supervisory Board Member of the Company

Outside Director of Kawasaki Heavy Industries, Ltd. (Current position)

Tokyo Gas Annual Report 201442

Corporate Governance

New Outside Audit & Supervisory Board Member

Outside Audit & Supervisory
Board Member

Executive Officers
President

Michiaki Hirose

Executive Vice
Presidents

Matsuhiko Hataba

Division Manager of Residential Sales
and Service Div.

Yutaka Kunigo

Division Manager of Energy Solution Div.,
General Manager of Volume Sales Dept.
of Energy Solution Div.

Kazuo Yoshino

Division Manager of Information Technology
Div., in charge of Finance Dept. andAccounting Dept.

Masahiro Mikami

In charge of Secretary Dept., General
Administration Dept., Corporate
Communications Dept., Environmental Affairs
Dept., and Compliance Dept.

Hiroaki Kobayashi

Chief Executive of Technology Development
Div., in charge of Smart Energy Business
Development Dept.

Koichi Aonuma

Division Manager of Housing Development
Dept., Residential Sales and Service Div.

Hideaki Obana

In charge of Personnel Dept., Purchasing
Dept., Real Estate Planning Dept., andInternal Audit Dept.

Takashi Uchida

Division Manager of Energy Resources Div.

Satoru Yasuoka

Division Manager of Regional Development
Marketing Div.

Fumio Murazeki

Head of Sales Marketing, Energy Solution Div.

Hideaki Arai

Division Manager of Pipeline Network Div.

Shin Yamagami

Division Manager of Energy Production Div.

Masaru Takamatsu

In charge of Corporate Planning Dept. and
Affiliated Companies Dept.

Hidefumi Takahashi

General Manager of Sales Marketing 1 Dept.,
Residential Sales and Service Div.

Yoshihiro Tanabe

General Manager of Finance Dept.

Michiharu Takahashi

Coordinator of Energy Solution Div.

Fumihiko Hara

General Manager of LIFEVAL ProjectManagement Dept., Residential Sales andService Div.

Kiyotada Den

General Manager of Corporate
Communications Dept.

Takahiro Saito

Supply Control & Disaster Management
Dept., Pipeline Network Div.

Isao Nakajima

General Manager of Residential Sales Planning
Dept., Residential Sales and Service Div.

Kunio Nohata

General Manager of Gas Resources Dept.,
Energy Resources Div.

Shinichi Takagi

General Manager of Industrial Gas Sales
Dept., Energy Solution Div.

Toshiyasu Ishi

General Manager of Total Energy Business
Dept., Energy Solution Div.

Satoru Sawada

General Manager of Corporate Planning Dept.

SeniorExecutive
Officers

Wako Tojima
July1983	Participated in Student Exchange Program of Japan’s Ministry of Education
at Department of Political Science of University of Kansas, United StatesMarch1985	Graduated from College of Comparative Culture of University of Tsukuba

April

1985

Joined The Yomiuri Shimbun

March 1991 Retired from The Yomiuri Shimbun
		 Freelance journalist
April

2007	Part-time lecturer at School of Social and International Studies of Universityof Tsukuba (Current position)

June

2014

Outside audit & supervisory board member of the Company

As an outside auditor, I strive to help Tokyo Gas realize higher corporate value, aiding the Company in responding carefully and flexibly tovarious risks while leveraging its inherent strengths.
As a science journalist, I have seen various operating sites of different energy companies, both in Japan and overseas, and I haveparticipated in national committees. Based on this experience, there
are three areas I focus on in my duties.
The first is the degree to which the Company is incorporating thecustomer’s perspective, particularly when providing a stable supplyof energy, improving safety and service quality, and creating new value for people’s lifestyles. The second is the level of communication.
In this regard, I look at the openness of communication throughout
the organization and whether or not thorough explanations areprovided to society. The third area of focus is the ability to create
innovation. Specifically, I pay attention to efforts pertaining to

Executive
Officers

technological development, human resource cultivation, and theempowerment of female employees.
The transfer of operations closely related to customers to Group
companies can realize efficiencies. However, such transference can also
result in a gap between management and operating sites and in differences in how they see and respond to customer needs. To prevent
gaps from appearing, I also turn my attention to the corporate governance and risk management systems of the entire Tokyo Gas Group.
Tokyo Gas has defined the management philosophy of ensuringcontinued development while consistently earning the trust of customers, shareholders, and society. I perform my audits to provide an
extra pair of eyes to make sure this philosophy is being practiced.

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Tokyo Gas Annual Report 2014