December 26th, 2016

Announcement of Establishment of the "Tokyo Gas Living Holdings"

Today, Tokyo Gas Co., Ltd. (President: Mr. Michiaki Hirose, "Tokyo Gas") has determined to establish the holdings company, "Tokyo Gas Living Holdings Co., Ltd., ("TG Living HD")*1, in April, 2017, for supporting one of its businesses, "The service for the customers' life".

At the establishment, Tokyo Gas will transfer its equities regarding the business, Capty Co., Ltd., ("Capty"), Living Engineering Co., Ltd., ("Living Engineering"), and Tokyo Gas Remodeling Co., Ltd., ("TG Remodeling") to the TG Living HD.

Currently, Tokyo Gas Group is offering energy and the service related to the facility business related to the customers' life (Gas and housing equipment work, plumbing work, appliance sales and maintenance and house-reform, etc.) together with our affiliated companies and "Tokyo Gas Lifeval".

Tokyo Gas Group regard the business for making customers' life better as the "Living Service Business". Firstly, as the goals to strengthen and expand the business related to the facilities in customers' house ("total facility business"), we will launch the sole parent company of the above 3 companies to manage the business, such as planning its strategy and managing its risk, integrally and strengthen. And then, Tokyo Gas Group is offering the new value- added service for more comfortable customers' life.

To achieve the goals, "To evolve into the total energy business" and "To accelerate global business development", set in "Main Policies FY2015-2017" to realize the "Challenge 2020 Vision" released in October 2014, Tokyo Gas Group is "reconstructing the group itself" not to overlook creating new sources of earnings flow with the advancing centralization of the necessary management resources of personnel, technology and know-how.

*1 At this transfer, Tokyo Gas will receive the corporate shares of TG Living HD.

Corporate Name

Tokyo Gas Living Holdings Co., Ltd.

Established

April 1st, 2017 (Scheduled)

Representative

TBD

Capital

¥10 million

Shareholder

Tokyo Gas 100%

Address

Minato-ku, Tokyo

Number of employees

A few

Company

Capty

Living Engineering

TG Remodeling

Established

August, 1961

August, 1976

September, 1982

Representative

Koichi Aonuma

Kiyotaka Date

Hideo Tsuruta

Capital

¥1 billion

¥40 million

¥80 million

Shareholder

Tokyo Gas 100%

Tokyo Gas 100%

Tokyo Gas 100%

Address

Shinagawa-ku, Tokyo

Minato-ku, Tokyo

Taito-ku, Tokyo

Main Business

+Plumbing work[Gas (in-house pipe, transportation) , water supply and drainage]

+Air conditioning equipment

work

+Gas appliance Sales and maintenance

+ Development and Sales of parts of supply and exhaust

+ Design, construction and renovation for housing

Number of employees

(at the end of FY2015)

1,343

257

135

Assets / Net Sales

Assets : ¥24,517 million

Net Sales : ¥54, 201 million

Assets : ¥5,607 million

Net Sales : ¥10,137 million

Assets : ¥1,807 million

Net Sales : ¥4,362 million

Tokyo Gas TG Living HD

Capty

Living Engineering

TG

Remodeling

Tokyo Gas Co. Ltd. published this content on 26 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 December 2016 05:38:11 UTC.

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