TOKYO GAS AT A GLANCE
Years ended March 31

Sales Ratio / Operating Income Ratio
Year ended March 31, 2010

Gas Sales

66.7 %
83.7 %

Gas Appliance Sales

8.0 %
1.5 %

Installation Work

2.8 %—%

Real Estate Rental

2.2 %
4.8 %

Other Business20.3 %
10.0 %

Gas Appliance Sales

Sales / Operating Income

We sell gas cooktops, water heaters, gas air conditioning systems
using hot water, “ENE-FARM” residential fuel cells, gas heatpump air conditioning systems, and other products. The sales aremainly handled by LIFEVAL, Enesta, and Enefit, which represent
the core of Tokyo Gas’ community-based marketing system.
(External sales ratio: 94.1%)¥ billion

The year under review saw increased sales of three newly consolidated
LIFEVAL companies as well as higher sales of alarms due to a regulation
requiring the installation of alarms, which comes into effect in June 2011.
As a result, both sales and operating income recorded gains, with sales increasing 3.0% year on year, to ¥126.0 billion, and operating income increasing 12.0%, to ¥2.3 billion.

200150Due to sluggish conditions in construction and to a decrease in new
housing starts, sales decreased 9.6% year on year, to ¥44.3 billion, while
operating loss improved ¥0.4 billion, to ¥0.6 billion. In the year underreview, we recorded lower sales and reduced the scale of the loss.

126.0

100

12850

2.3

04008

Installation Work
This segment carries out construction, such as the installation ofgas pipes and valves on the sites of customers in our service
area. (External sales ratio: 93.2%)

1609

10Sales / Operating Income¥ billion
1201280844.3

40040–0.6–40–40822TOKYO GAS AT A GLANCE

0910

Gas Sales

Sales / Operating Income

Tokyo Gas uses its three LNG terminals along the shores of Tokyo Bay to gasify
LNG, its main gas resource. The Company sells city gas to more than 10 million
customers, primarily in the Kanto region, through a pipeline network of about
57,000 km. (External sales ratio: 97.3%)¥ billion
1,600

400

1,200

1,045.5

The gas sales volume declined by 2.0% year on year, to 13,666 million m3.
Due to decreased unit prices under the gas rate adjustment system, sales fell by 16.9% year
on year, to ¥1,045.5 billion.

800

Operating income increased by 14.9% year on year, to ¥127.3 billion, due to a decrease in gas
resource costs resulting from lower LNG prices.

400

300

200

127.3
100

0

008

09

10

Gas Sales Volume by Sector
Million m3

Residential

Commercialand Others 21.5 %25.1 %

6,000

4,500

39.9 %

Industrial

6,000

6,000

4,500

4,500

4,500

3,000

3,000

1,500

1,500

3,437
3,000

3,000

1,500

1,500

2,943

13.5 %

Wholesale
6,000

5,446

1,841

000809

10

008

09

10

0081009081009(Amounts less than one million m have been rounded to the nearest whole number.)3

Real Estate Rental

Sales / Operating Income

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 rental 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 landin such areas as Ginza and Gofukubashi. (External sales ratio: 36.8%)¥ billion

While the GINZA gCUBE building, a commercial facility that was opened in
September 2008, contributed to sales throughout the year, this was notenough to offset the lower rents incurred due to the sluggish conditions in
the real estate market. Accordingly, sales fell 5.4% year on year, to ¥33.7 billion, and operating income was down 2.0% year on year, to ¥7.2 billion.

401233.7
30

97.2
20

610

30008

Other BusinessThis segment includes energy services, LPG, electric power, industrial gas, system integration, shipping, credit and leases, andfacility construction and engineering. (External sales ratio: 71.1%)

0910Sales / Operating Income¥ billion
40040317.8

Sales decreased 12.6% year on year, to ¥317.8 billion, due in part toreduced resource costs in energy services and LPG.

300

In shipping, a new vessel was put into service, resulting in an increase indepreciation. However, this was offset by a return to profitability in electric
power operations due to decreased fuel expenses. Operating income
increased 12.8% year on year, to ¥15.2 billion.

200302015.2
1001000080910TOKYO GAS ANNUAL REPORT 201023