Consolidated Subsidiaries and Equity-method Affiliates

Investor Information

As of March 31, 2007

As of March 31, 2007

Main Consolidated Subsidiaries
CompanyStock listings

Tokyo Gas Co., Ltd.
Capital(¥ million)

Business

Equity owned FY2006 Net sales
by Tokyo Gas(¥ million)(%)[% of outside sales]

Operatingincome(¥ million)

Head office
1-5-20 Kaigan, Minato-ku, Tokyo 105-8527, Japan
URL: http://www.tokyo-gas.co.jp

Tokyo Gas Urban Development
Co., Ltd.

Real estate leasing, management andbrokerage, etc.

11,440Tokyo Gas Toyosu Development
Co., Ltd.

Real estate leasing and management

5,000

Nagano Toshi Gas Co., Ltd.

Gas Supply in Nagano

3,800

89.2

ENERGY ADVANCE Co., Ltd.

Energy service, district heating and cooling,cogeneration orders and maintenance businesses

3,000

Gastar Co., Ltd.

Production, sales and maintenance ofgas appliances

2,450

Tokyo LNG Tanker Co., Ltd.

LNG and LPG transportation andchartering of carriers

1,200

100

11,837 [18.6]

2,142

Tokyo Gas Energy Co., Ltd.

Sales of liquefied petroleum gas (LPG)

1,000

100

25,462 [82.1]

77Capty Co., Ltd.

Installation of gas supply lines, water supply andlines and air conditioning systems, new construction, construction of gas mains and branch lines

1,000100

61,994 [38.9]

714

Tokyo Gas Chemicals Co., Ltd.

Sales of gas for industry and chemicals and development of LNG cryogenetic utilization technology

1,000

100

17,139 [68.7]

319

Paid-in CapitalPark Tower Hotel Co., Ltd.

Management of Hotel “Park Hyatt Tokyo” andrestaurants

1,000100

10,234 [97.5]

185

Aggregate number of shares issuable

Chiba Gas Co., Ltd.

Supply of gas to Yachiyo City, Narita City andsurrounding cities

480

100

14,724 [99.3]

816

Issued Number of Shares

2,810,171,295 shares

TG Credit Services Co., Ltd.

Leasing of information equipment, gas appliancesand office equipment, and credit administration
connected with installations

450

100

9,088 [61.1]

341

Number of Shareholders

165,484

Tokyo Oxygen and NitrogenCo., Ltd.

Production and sales of liquefied oxygen, nitrogenand gas for medical use

400

54

2,022 [42.4]

180Monthly Stock Price Range (Tokyo Stock Exchange)

TG Information Network Co., Ltd.

Information processing services, software development and sales of computer equipment, etc.

400

100

11,422 [26.3]

506

Tsukuba Gakuen Gas Co., Ltd.

Supply of gas in Tsukuba City

280

100

6,781 [97.4]

496

700

TG Enterprise Co., Ltd.

Financial administration for Tokyo Gas andrelated companies

200100740 [39.1]

342600Tokyo Gas Engineering Co., Ltd.

Comprehensive engineering services with aparticular focus on energy-related work

100

100

31,900 [68.5]

972

Tokyo Gas Customer ServiceCo., Ltd.

Periodic safety checks, meter and billing services

50

100

7,606

340

TG IT Service Co., Ltd.

Operation of Tokyo Gas systems, network
operations, end-user support

50

100

7,770

[1.3]

356

Capty-Livelic Co., Ltd.

Gas facilities construction and gas appliance sales50

100

8,045 [70.4]

GAS MALAYSIA SDN. BHD.

Supply of gas in Malaysia

100

31,941 [34.0]

5,900

Overseas Offices
New York Office9,100 [99.9](245)

The Chrysler Building, 405 Lexington Avenue, 33rd Floor
New York, NY 10174, U.S.A.
Tel: +1-646-865-0577 Fax: +1-646-865-0592

100

46,247 [92.3]

3,32266.7

29,446 [42.8]

1,380

564 [72.7]

Independent Auditors

KPMG AZSA & Co.

Agent to Manage Shareholders Registry

140

100

Tokyo stock exchange,
Osaka securities exchange andNagoya stock exchange (Trade code: 9531)

The Chuo Mitsui Trust & Banking Co., Ltd. 3-33-1 Shiba, Minatoku, Tokyo 105-8574, Japan

Number of Employees

16,451 (Consolidated basis, excluding
part-time workers)

Paris Office
102, Avenue des Champs-Elysées, 75008 Paris, France
Tel: +33-1-45-62-00-59 Fax: +33-1-42-25-96-85

Principal Shareholders

Asia Pacific Regional OfficeName

Level 30, Menara Standard CharteredNo. 30 Jalan Sultan lsmail, 50250 Kuala Lumpur, Malaysia
Tel: +60-3-2144-2928 Fax: +60-3-2144-2930

Date of Establishment

October 1, 1885

¥141,844,398,888
6,500,000,000 shares

Number ofshares held(Thousands)

Percentage of
total shares
outstanding(%)

Nippon Life Insurance Company
163,000
The Dai-ichi Mutual LifeInsurance Company
155,962
The Master Trust Bank of Japan, Ltd.
(Trust Account)
130,342
Japan Trustee Services Bank, Ltd.
(Trust Account)
103,272
The Chase Manhattan Bank N.A. London
70,685
Fukoku Mutual Life Insurance Company
68,504
State Street Bank and Trust Company
42,747
State Street Bank and Trust Company (505103) 42,665
Employees Shareholding Association
36,717
Mizuho Corporate Bank, Ltd.
33,000

5.80
5.55
4.64
3.67
2.52
2.44
1.52
1.52
1.311.17(¥)
800Stock Price

500400[1.4]

RM 42.8 million

20—200,00092100100,000—0Other Subsidiaries
Miho Gas Co., Ltd., Shoei Gas Co., Ltd., Washimiya Gas Co., Ltd.,
Tochigi Gas Co., Ltd.,Tokyo Kiko Co., Ltd., Tokyo Gas Yokosuka Power Co., Ltd.,
Living Design Center Co., Ltd., Tokyo Gas Baypower Co., Ltd.,TG Showa Co., Ltd.,
East Japan Housing Evaluation Center Co., Ltd.,Tokyo Carbonic Co., Ltd., Japan Super Freeze Co., Ltd.,TG Telemarketing Co., Ltd.,Tokyo Gas Auto Service Co., Ltd., Tokyo Gas Remodeling Co., Ltd.,Urban Communications, Inc., Tokyo Gas Techno-Service Co., Ltd.,Monthly Trading Volume
200

Notes: 1. Gas Malaysia Sdn. Bhd. is an equity-method affiliate.
2. Consolidated subsidaries comprise 52 companies as of the end of March 2007.
3. 1 RM nearly equals ¥33.75

66(Thousands of shares)
300,000

300

Tokyo Gas Building Service Co., Ltd., Showa Bussan Co., Ltd.,
Tosetz Co., Ltd., Capty Customer Service Co., Ltd.,
Enelife Carieer Co., Ltd., Showa Unyu Co., Ltd.,Tokyo Gas Plant Tech Co., Ltd., Tokyo Rare Gases Co., Ltd.,Tokyo Auto Gas Co., Ltd., Capty Tech Co., Ltd.,
Tachikawa Urban Center Co., Ltd.,Tokyo Gas LPG Terminal Co., Ltd.,TOKYO GAS AUSTRALIA PTY LTD.,Tokyo Gas Darwin LNG Pty Ltd., Kawasaki Gas Pipeline Co., Ltd.

0’02/
’03/
’04/’05/’06/’07/
1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3 4 5 6 7 8 9 101112 1 2 3FURTHER INFORMATION

Forward-Looking Statements

Please direct comments regarding the content of this report orrequests for other publications to:Statements made in this annual report with respect to Tokyo Gas plans, strategies andbeliefs, and other statements that are not expressions of fact are forward-looking statements
about the future performance of the company. As such, they are based on management’s assumptions and opinions stemming from currently available information, andtherefore involve risks and uncertainties. These risks and uncertainties include, without limitation, general economic conditions in Japan, the exchange rate between the yen and theU.S. dollar, and Tokyo Gas ability to continue to adapt to rapid technological developments
and deregulation.

Investor Relations Section, Corporate Planning Dept.
Tel: +81-3-5400-3888 Fax: +81-3-3437-2668
E-mail: tgir@tokyo-gas.co.jp

Financial Data and Graphs
For purposes of presentation in this annual report, all amounts less than one billion yen or
one million yen, and hundredths of a percentage point, have been rounded to thenearest whole number. In addition, all graphs represent fiscal years ended March 31 of therespective years.

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