Board of Directors and Corporate Auditors

Director, Chairman

Place of Birth
Date of BirthMarch 1964
April 1964
July 1990
July 1991
June 1993
June 1996
June 1998
June 2000
June 2001
June 2002

June 2003
April 2006
April 2007

Norio Ichino

Hiroshima Prefecture
January 1, 1941
Degree in law, Waseda University
Joined Tokyo Gas Co., Ltd.
Manager, Sales Planning Division
Deputy Chief Executive, Northern Business Division
Director responsible for Government Relations
Department
Director, General Manager, Corporate Planning
Department, Strategic Planning Division
Managing Director, Chief Executive, Business
Development Division
Senior Managing Director, Chief Executive, Business
Development Division
Senior Managing Director
Representative Director, Executive Vice President,
Executive Officer, Chief Executive, Corporate
Communication Division
Representative Director, President and Chief Executive
Officer, Executive Officer
Director, Vice Chairman
Director, Chairman

Representative Director,
President

Place of Birth
Date of BirthMarch 1967
April 1967
July 1992
August 1993
June 1994
June 1996
June 1998
June 2000
June 2002
June 2003
April 2004

April 2006

Mitsunori Torihara

Tokyo
March 12, 1943
Degree in economics, University of Tokyo
Joined Tokyo Gas Co., Ltd.
Manager, Management Planning Group, Corporate
Planning Department
General Manager, Planning Department, Kanagawa
Business Division
Vice Chief Executive, Kanagawa Business Division
General Manager, Gas Resources Department
Director, General Manager, Gas Resources Department
Managing Director
Director, Senior Executive Officer, Chief Executive,
Strategic Planning Division
Representative Director, Executive Vice-President, Chief
Executive, Strategic Planning Division
Representative Director, Executive Vice-President, Chief
Executive, Corporate Communication Division, responsible for Compliance Department
President and Chief Executive Officer

Representative Director,
Executive Vice President

Tadaaki Maeda

Place of Birth Tokyo
Date of Birth February 11, 1946
March 1970 Completed masters degree in engineering,
University of Tokyo
April 1970 Joined Tokyo Gas Co., Ltd.
July 1992 Acting Manager, Corporate Planning Department
July 1993 Acting Manager, Technology Planning Group, Manager,
Research Planning Group
July 1994 General Manager, Planning Department, Western
Business Division
June 1996 Deputy Chief Executive, Western Business Division
June 1997 General Manager, Product Development Department
June 2000 Director, General Manager, Energy Sales and Service
Planning Department, Energy Sales Division
June 2002 Senior Executive Officer, Chief Executive, R&D Division
April 2004 Senior Executive Officer, Chief Executive, Energy
Resources Division, Internal Audit Department
June 2004 Director, Senior Executive Officer, Chief Executive,
Energy Resources Division, Internal Audit Department
April 2006 Representative Director, Executive Vice President,
Executive Officer, Chief Executive, Strategic
Planning Division
April 2007 Representative Director, Executive Vice President,
Executive Officer, Chief Executive, Energy Production
Division, responsible for Environmental Affairs Department

Representative Director,
Executive Vice President

Place of Birth
Date of BirthMarch 1990
April 1970
July 1994
June 1996
June 1997
June 1998
June 1999
June 2002
April 2004
June 2004
April 2006

April 2007

Tsuyoshi Okamoto

Kyoto
September 23, 1947
Degree in economics, Hitotsubashi University
Joined Tokyo Gas Co., Ltd.
Acting Manager, Gas Resources Department, Manager,
Gas Resource Research and Development Group
General Manager, Planning Department, Northern
Business Division
Deputy Chief Executive, Northern Business Division
General Manager, Government Relations Department
General Manager, Japan Gas Association
Executive Officer, General Manager, Strategic Planning
Division
Senior Executive Officer, Chief Executive, Strategic
Planning Division,
Director, Senior Executive Officer, Chief Executive,
Corporate Planning Department
Director, Senior Executive Officer, Chief Executive,
Corporate Communication Division, ComplianceDepartment, Internal Audit Department
Representative Director, Executive Vice President,
Executive Officer responsible for Personnel Department,
Secretary Department, General Administration
Department, Compliance Department, Internal Audit
Department

Director, Senior Executive Officer

Place of Birth
Date of BirthMarch 1970
April 1970
July 1995
June 1996
June 2000
June 2002
April 2004
June 2006
April 2007

Masaki Sugiyama

Hokkaido
September 14, 1947
Degree in engineering, Hokkaido University
Joined Tokyo Gas Co., Ltd.
Manager, Production Group, Production Division
Business Planning Department, Business Development
Division
General Manager, Production Department, Production
Division
Executive Officer, Manager, Pipeline Department,
Pipeline and Safety Management Division
Senior Executive Officer, Chief Executive, Pipeline
Network Division
Director, Senior Executive Officer, Chief Executive,
Pipeline Network Division, Pipeline Planning Department
Director, Senior Executive Officer, Chief Executive,
Technology Development Division

Senior Executive Officer

Place of Birth
Date of BirthMarch 1970
April 1970
July 1995
June 1999
June 2001

June 2002

June 2003

April 2004
April 2007
June 2007

Toshio Tezuka

Tokyo
December 13, 1946
Degree in engineering, Tokyo Institute of Technology,
Joined Tokyo Gas Co., Ltd.
Business Planning Department, Business Development
DivisionGroup Manager, Technology Planning Group, Corporate
Planning Department, Strategic Planning Division
General Manager, Commercial Customer Development &Service Department, Energy Sales and Service Division,
Acting Manager, Volume Sales Department, Energy
Sales and Service Division
Executive Officer, General Manager, Commercial
Customer Development & Service Department, Energy
Sales and Service Division
Executive Officer, Manager, Commercial Customer
Development & Service Department, Energy Sales andService Division, Acting Manager, Volume Sales
Department
Senior Executive Officer, Chief Executive, Regional
Development Marketing Division
Senior Executive Officer, Chief Executive, Housing
Development Division
Director, Senior Executive Officer, Chief Executive,
Housing Development Division

AuditorTsunenori Tokumoto

AuditorYasunori Takakuwa

Outside Auditor

Masayoshi Hanabusa(Former Chairman, Hitachi Capital Corporation)

Senior Executive Officer

Place of Birth
Date of BirthMarch 1972
July 1972
July 1997
June 2000
June 2002
April 2004
April 2006
April 2007
June 2007

Shigeru Muraki

Fukuoka Prefecture
August 29, 1949
Degree in engineering, University of Tokyo
Joined Tokyo Gas Co., Ltd.
Manager, Gas Resources Research and Development
Group, Gas Resources Department
Manager, Gas Resources Department
Executive Officer, General Manager, Gas Resources
Department, Planning Division
Senior Executive Officer, Chief Executive, R&D Division
Senior Executive Officer, Chief Executive, Technology
Development Division
Senior Executive Officer, Chief Executive, Energy
Solutions Division
Director, Senior Executive Officer, Chief Executive,
Energy Solutions Division

Senior Executive Officer

Place of Birth
Date of BirthMarch 1972
April 1972
July 1997
June 1999
June 2001
June 2003
April 2004
April 2006
April 2007
June 2007

Toshiyuki Kanisawa

Kanagawa Prefecture
November 23, 1948
Degree in economics, Keio University
Joined Tokyo Gas Co., Ltd.
General Manager, Residential Sales Department,
Kanagawa Business Division
Business Planning Department, Business Development
Division
Related Business Department, Related Business Division
Executive Officer, General Manager, Service Planning
Department, Customer Service Division
Executive Officer, Manager, Corporate Planning
Department, Planning Division
Senior Executive Officer, Chief Executive, Residential
Sales Division
Senior Executive Officer, Chief Executive, Residential
Sales Promotion Division
Director, Senior Executive Officer, Chief Executive,
Residential Sales Promotion Division

Outside Director Kazumoto Yamamoto

Outside Director

Current position
Place of Birth
Date of BirthMarch 1957
April 1957
August 1971
April 1976

Current position
Place of Birth
Date of BirthMarch 1965
April 1965
June 1992
June 1994
June 1996
June 1998
June 2000
June 2006
June 2007

June 1982
June 1983
June 1987
June 1990
June 1992
June 1993
June 1995
June 1997
January 2001
April 2003
June 2003
June 2005

30

Advisor, Asahi Kasei Corporation
Yamaguchi Prefecture
July 22, 1933
Degree in engineering, Kyushu Institute of Technology
Joined Asahi Chemical Industry Co., Ltd.
General Manager, Chikushino Factory
General Manager, Housing Construction Department,
Housing Division
General Manager, Housing Division
Director
Managing Director
Senior Managing Director
General Manager, Housing Division
Representative Senior Managing Director
Vice-President and Representative Director
President Representative Director
Company name changed to Asahi Kasei Corporation(January 1)
Director, Vice-Chairman
AdvisorDirector, Tokyo Gas Co., Ltd.

Katsuhiko Honda

Director, Advisor, Japan Tobacco Inc.
Kagoshima Prefecture
March 12, 1942
Completed law degree, University of TokyoJapan Tobacco and Salt Public Corporation
Director, Japan Tobacco Inc.
Managing Director, Japan Tobacco Inc.
Senior Director, Japan Tobacco Inc.
Deputy President, Japan Tobacco Inc.
President, Japan Tobacco Inc.
Director, Advisor, Japan Tobacco Inc.
Director, Tokyo Gas Co., Ltd.

Outside Director Sanae Inada
Current occupation
Place of Birth
Date of BirthMarch 1967
1967
March 1970

AttorneyTokyo
April 3, 1944
Degree in law, Keio University
Passed bar examination
Completed training at Judicial Research andTraining Institute
April 1970 Registered as attorney (Daiichi Tokyo Bar Association)
June 2007 Director, Tokyo Gas Co., Ltd.

Outside Auditor

Toshimitsu Shimizu(President, Yokohama Industrial
Development Corporation)

Outside Auditor

Shoji Mori
(Vice Chairman, Institute for International
Socio-Economics Studies)31Compliance StructureInternal Governance
Board of Directors

Construction of Risk Management Systems

Promoting Compliance

Under our risk management system, the Board of Directors

Compliance with laws, regulations and high ethical stan-is responsible for corporate management, and the execu-

dards are the foundation on which the Tokyo Gas Group istive officers for the management of operations, policies andcontinually building the value of its brand, “security, safety

budgets. The performance of the directors’ duties is super-

and reliability.” This perception is reflected in three basic

vised by two corporate auditors and three outside auditors.

policies calling for the fostering of compliance awareness,

In addition, the Internal Audit Department, which reports

engaging both policies in the whole Group and practice indirectly to the President, conducts internal audits based oneach workplace, and the establishment of compliancethe risk approach.

PDCA cycles.

The Internal Audit Department consists of four groups

We established the Management Ethics Committee,

with responsibility for financial audits, operational audits,chaired by the President, this committee formulates basic

information system audits and compliance audits. In 2002

compliance policies, monitors the implementation of com-the number of staff was doubled from 18 to 36, and in 2007

pliance-related measures, and confirms activity programs

the staff was further increased to 41. Internal audits coverfrom the following year and thereafter.

Tokyo Gas Co., Ltd. and all consolidated subsidiaries. Audits

We have also established the Compliance Department,

are carried out objectively aiming to ensure that all activities

a specialized unit to provide leadership of activities, includ-

are being conducted appropriately, efficiently, as well as

ing the development of compliance promotion systems foraccording to business policies and plans, and complying withunits, education about the code of conduct, compliance risklaws and regulations. Audit results are reported to the

reduction measures, the maintenance of advisory systems,

President, the Management Meeting and the auditors, chief

and the distribution of information within and beyond theexecutives of relevant divisions, and the presidents and audi-

Tokyo Gas Group companies.

tors of group companies.

In addition to continuous education about “Our Code of

In fiscal 2003, we established the Enterprise Risk

Conduct” activities, we are going forward with a casebook

Management system, which includes risk management reg-

designed for applying the code of conduct to various prob-

ulations and documented rules concerning major risks thatlems in the workplace to build the permutation of compliance.

require management intervention. A Risk Management

Compliance risk countermeasures include internal andPromotion Section has been created within the Internal

external advisory systems. By operating these systems

Audit Department to coordinate risk management. Each year

effectively, we ensure that compliance-related problems are

it monitors and assesses risks and countermeasures within

discovered and resolved quickly, thereby strengthening our

the group and reports its findings to the Management

corporate self-regulatory processes.

Meeting. The Management Meeting and the Board of
Directors confirm and revise the list of major risks annually.
In April 2006, Tokyo Gas prepared for the introduction of
new rules concerning the Evaluation and Audit of Internal

We monitor the effectiveness of compliance promotion
activities by conducting compliance awareness surveys. The
results of these surveys are reflected in initiatives for the following year.

Control over Financial Reporting by establishing the Internal
Control Promotion Committee as a company-wide unit.

President

ReportCorporate Auditors

Management Ethics Committee
ReportChairman: President
Members: Head of divisions/departments

ReportInternal Audit Dept.

Compliance Dept.
Instruction/report

Support/report

Each division/business unit

Compliance committees
Consultation/notification

Compliance audit(risk understanding)

Each department ofTokyo Gas

Subsidiaries & affiliates

Report/consultation

Report/consultation

Employees

Disclosure Policy
Information disclosure ranks alongside the reinforcement ofance and progress towards goals. As part of our disclosurerisk management and compliance systems as one of theactivities, we have continually improved and expanded themost important ways to ensure management soundness

content of our annual report, investors’ guide, IR Website,

and transparency and earn the understanding and confi-

and shareholder newsletter. Information disclosure should

dence of all stakeholders, including shareholders andnot be a one-way process, however, and we are working toinvestors. There is an inevitable gap between corporate val-build closer communication with shareholders and investors

ues as seen by management and as assessed by the mar-through an active program of presentations, seminars andket. This perception gap has grown bigger in recent years

other events.

because of the increasing diversity of investors in the

Our awareness of the importance of communication isJapanese stock market, including foreign investors and indi-reflected in the direct involvement of our senior management

vidual investors. We believe active information disclosurein IR activities. They have continuously held meetings withand interactive communication with shareholders andanalysts in Japan since July 1999 and overseas since June

investors will close the gap in perceived corporate value.

2001. Twice each year, our top executives present IR road-

The Tokyo Gas Group has always provided full disclo-shows in Japan and overseas. They also use briefings andsure of its short-, medium- and long-term management tar-

individual meetings as opportunities for wide-ranging discus-

gets, and the specific management strategies and action

sions. These efforts reflect our commitment to management

plans adopted to achieve the set targets. We have also

to respond to the trust of shareholders and investors.

actively disclosed information about our business performMajor Risks Requiring Management Intervention

Market risksMarket price fluctuations affecting real estate and financial assets, etc., weather changes, etc.

Business strategy risks

Risks to existing businesses (increased competition, changes in the gas resource procurement environment*, declines inexisting demand, changes of laws and regulations and regimes), ROI risks

Information risks

Information leaks, failures or malfunctions in backbone systems, loss of telephone services to call centers

Social responsibility risks and other risks

Environmental risks, compliance risks, customer satisfaction and customer service risks

Major IR Activities
TargetPrincipal Activities

Sell-side analysts, domestic institutional
investors and shareholders

Various explanatory meetings, domestic IR roadshows, one-on-one meetings, and facility excursions

Overseas institutional investors andshareholders

Overseas IR roadshows, one-on-one meetings

Individual investors and shareholders

IR seminars for Japanese individual investors and Tokyo Gas Tsuushin
facility excursions(Japanese report for individual shareholders)* New major risks added in the current year

32

Media

WebsiteDisruption of production and supply, quality problems with gas appliances and other products*, reputation damage resulting
from other companies’ gas-related accidents*, natural disasters, disruptions to gas resource procurement

Annual Report
Investors
Guide

Disaster and accident risks

33

Initiatives for Environmental Protection and Safety

Group Management Structure

Environmental Contribution from Increased
Use of Natural Gas

eral-purpose fossil fuel. It emits almost no sulfur oxide

Tokyo Gas recognizes the vital importance of the natural

CO2 emissions are around 40% and 80% respectively ofenvironment and is determined to make a positive contribu-

the level for coal and oil.

(SOx) during combustion, while nitrogen oxide (NOx) and

The Tokyo Gas Group currently consists of Tokyo Gas Co.,

Gas corporate divisions are linked with group companies totion to global environmental conservation and sustainable

We aim to fully exploit the advantages of natural gas inLtd., together with 52 subsidiaries and one affiliated company.

form business units in each business area. The divisions andsocial development by promoting the use of environmental-

our business activities by developing highly efficient equip-

companies work closely together on tasks ranging from thely sound resources and energy technologies. This philoso-

ment and systems, such as cogeneration systems, thatfaces escalating competition from both inside and outside

formulation of business strategies to the allocation of man-phy is reflected in four policies that are making Tokyo Gas a

minimize the environmental load. We see this as an excel-

the industry. In April 2004 we introduced a new group struc-agement resources and the management of operations, allleader in environmental management and an active partici-

lent strategy for reducing global warming and atmosphericture known as the “Strategic Business Unit” (SBU) system,

under the responsibility of unit managers. The aim of thispant in efforts to solve global environmental problems.

pollution. Another priority is making natural gas available toWith the deregulation of the energy sector, Tokyo Gas now

which is designed to focus the entire resources of the Tokyo
Gas Group toward the task of surviving and succeeding inFirst, we are working to reduce the environmental loadcooperative approach is to maximize our group potential andfurther strengthen our competitiveness.

the competitive environment. Under this structure, Tokyo

as many customers as possible.

resulting from the use of energy by our customers; second,Tokyo Gas has developed its own environmental protec-

we are working to reduce the total environmental load result-tion guidelines to ensure that the environmental advantages

ing from our own business activities; third, we are strengthening our environmental partnerships with local and interna-

Comparison of Emission Levels (Coal=100)

tional communities; and fourth, we are promoting researchGroup Management Structureand development relating to environmental technologies.
Corporate
Auditors’ Office

Auditors

Strategic Business Units

Supporting Function• Corporate Planning Dept.

Energy Production Div.

Housing Development Div.

Energy Resources Div.

• Financial & Managerial
Accounting Dept.

• General Administration Dept.

Energy Solution Div.

Fundamental Function• Accounting Dept.

• Corporate Communications
Dept.

• Personal Dept.

• Environmental Affairs Dept.

• Purchasing Dept.

• Affiliated Companies Dept.

• Infrastructure Project Dept.

Technology Development Div.
Information Technology Div.

Pipeline Network Div.

• Real EstateManagement Dept.

GlobalWarmingPrevention
Measures• Major Site
Development Dept.

Residential Sales Promotion Div.

SOx

• Secretary Dept.

Resource
Recycling
Promotion
Guidelines• Compliance Dept.
• Internal Audit Dept.

0

1. In its city gas business, the Tokyo Gas Group aims to reduce CO2 emissions
from customers’ facilities by 8 million tons by fiscal 2010, by promoting theuse of natural gas, and by improving the efficiency of equipment and systems used with city gas.

Executive Officers

Senior Executive Officers

Executive Officers

Mitsunori Torihara

Masaki Sugiyama

Kazuo Yoshino

Chief Executive, Technology Development Div.

General Manager, Finance & Managerial Accounting Dept.

Toshio Tezuka

Hisao Watanabe

Chief Executive, Housing Development Div.

General Manager, Technology Planning Dept.,
Technology Development Div.

Executive Vice President

Shigeru Muraki

Tadaaki Maeda

Chief Executive, Energy Solution Div., General Manager,
Volume Sales Dept.

Akio Maekawa

Chief Executive, Energy Production Dept.,
Environmental Affairs Dept.

Toshiyuki Kanisawa

Manabu Fukumoto

Chief Executive, Residential Sales Promotion Div.

General Manager, General Administration Dept.

Tadashi Kaburagi

Matsuhiko Hataba

Chief Executive, IT Division

General Manager, Corporate Planning Dept.

Tsutomu Oya

Yuji Akiyama

Chief Executive, Energy Resources Div.

General Manager, Kanagawa Service Branch,
Residential Sales Promotion Div.

1. Industrial waste field
There are major differences in the ways in which industrial waste is produced in manufacturing plants (production sites) and through other activities,
such as construction. These categories will therefore have separate targets.
Tokyo Gas will achieve zero emission status at all manufacturing plants
by fiscal 2010.
Tokyo Gas will increase its recycling ratio for other waste, including
construction waste, to at least 91% by fiscal 2010.

Chief Executive, Personnel Dept., Secretary Div.,
General Administration Div.
Compliance Dept., Internal Audit Div.

Norikazu Hoshino
Kunihiro Mori

Koichi Aonuma
General Manager, Sales Marking Ⅱ Dept.,
Housing Development Div.

Dispatched to the Japan Gas Association

Yutaka Kunigo

Yasuhiro Hiruma

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

Chief Executive, Regional Development Marketing Div.

Mikio Itazawa

Green
Purchasing

Chief Executive, Corporate Planning Div., Infrastructure Project
Dept., Financial & Managerial Accounting Dept.,
Accounting Dept., Affiliated Companies Dept.

Coal

70

100

40

Oil

Coal

70

100

60

Oil

Coal

80

100

3. From a global perspective, the Tokyo Gas Group will contribute to the prevention of global warming by identifying greenhouse gas reduction orabsorption projects in other countries, and by providing technical support for
those projects.

by fiscal 2010, compared with fiscal 2005.Tokyo Gas will increase therecycling ratio for waste paper from its offices to at least 85% by
fiscal 2010.
The amount of copier paper used will be reduced to 5,000 sheets perperson per year by fiscal 2010.
3. Excavation spoil
The amount of excavation spoil from road excavations ordered by Tokyo
Gas will be reduced to 15% by fiscal 2010, through volume reductions,reuse and recycling.

3. Tokyo Gas Group will promote green purchasing within the Tokyo Gas
Group in accordance with the green purchasing promotion guidelines.

2. Tokyo Gas will encourage all group companies included in the consolidated
accounts to introduce the electronic catalog purchasing system and implement green purchasing systems by 2010.

Reduction of CO2 emissions from customers’ facilities
Unit energy use in gas production facilities (Per unit of gas production)
Unit energy use in district cooling/heating systems (Per heat sales volume unit)
Unit energy use in Tokyo Gas business offices (Per city gas sales volume unit)
Industrial waste (manufacturing plants)
Recycling of industrial waste (other sites)
Reduction ratio of waste paper
Recycling of waste paper
Sheets of copy paper used per person per year
Excavation spoil ratio

Chief Executive, Pipeline Network Division

Michiaki Hirose

Oil

Natural Gas

Results for Fiscal 2006 and Targets for Fiscal 2010

Resource Circulation

Chief Executive, Purchasing Dept., Real Estate Management Dept.,
Major Site Development Dept., Corporate Communication Dept.

1. The green purchasing ratio for items purchased from electronic catalogs
will be increased to at least 70% by fiscal 2010.

Coordinator, Energy Solution Div.
Global Warming

Tsuyoshi Okamoto

Green
Purchasing
Guidelines

CO2

Natural Gas

2. The Tokyo Gas Group aims to reduce unit energy consumption in its business
operations by an average of at least 1% per year over the medium-term future.

2. Waste paper (paper recycling)
Tokyo Gas will reduce by 10% the amount of wastepaper from its offices

President

NOxNatural Gas

However, the main resource for city gas is natural gas,
which has the smallest environmental footprint of any gen-

Top Management

Regional Development Div.

Our core business activity is to supply city gas.

Green procurement ratio
Number of affiliated companies that have already introduced an electronic
catalog purchasing system

Target for FY2006

Result for FY2006

Target for FY2010

6.60 million tons
1% or more reduction
1% or more reduction
1% or more reduction
4 sites/10 sites
More than 91%
2% reductionMore than 85%
7,400
19%
60%

6.61 million tons
2.4% reduction*
0.6% reduction*
6.3% reduction*
5 sites/11 sites
87%
3.9% reduction
87%
7,180
19.3%
60%

8.00 million tons
1% or more reduction
1% or more reduction
1% or more reduction
10 sites/10 sites
More than 91%
10% reduction from fiscal 2005
More than 85%
5,000
15%
More than 70%

35 companies

38 companies

48 companies* Annual average reduction ratio (Unit energy use reduction ratio at power plants will be evaluated from fiscal 2007.)

34

35