Thursday, October 6, 2016 Tokyo Gas Co., Ltd.
The Tokyo Gas Group is now pursuing action in line with three main policies adopted for implementation in FY2015-17 (the "step" phase of the Challenge 2020 Vision). These are (1) evolving into the total energy business,
(2) accelerating global business development, and (3) reconstructing our corporate group.
In addition to city gas business, we are expanding electric power business and liquid gas business focusing on LPG sales to realize "evolving into the total energy business" as an energy company. And we are accelerating efforts to develop value-added services such as engineering service, living service and urban development service.
2016 was a pivotal year for the energy industry. It ushered in the start of full liberalization of the retail electricity market, which brought many new entrants into the sector. Among them was the Tokyo Gas Group, which has made great strides in aggressively securing its position as the No. 1 new entrant. In 2017, we will leverage the knowledge and experience gained in the first year of liberalization to set ourselves still higher goals and holistically explore and develop the conditions required to put our electric power business on a sound growth trajectory.
Another major focus for us is to smoothly transition and launch operations in preparation for full liberalization of the gas retail sector in April 2017 with keeping with the objectives of gas system reform. The Group is committed to getting back to basics and working as one to further improve service and safety levels in order to better meet the needs of our long-standing customers.
Overseas, we will continue to strengthen our operations, especially in Southeast Asia and North America, by developing our human resources, seeking out and doing due diligence on prime projects, and working hand in hand with our partners to ensure that these activities produce solid results.
11.Reconstructing our corporate group
2.Expanding the electric power business 3.Enhancement of our value for gas business 4.Accelerating global business development 5.Other businesses
2 <Establish our business domain>We have been tackling to define our business domain such as expanding electric power business, reorganization and consolidation of subsidiaries toward realizing "Evolving into the total energy business". We have defined our business domain and are developing our business to offer prosperous, fulfilling way of life for customer as the total energy company.
We have defined city gas business, electric power business and liquid gas business as energy business. And we will commercialize engineering service business, living service and urban development service as value-added business for customers. Furthermore we will expand overseas business utilizing our know-how gained in the domestic.
Evolving into the total energy business
Energy business
Accelerating global business development
-
City gas business Electric power business Liquid gas business
LNG procurement・
transportation
Generation, supply and
sales
LPG sales,
industrial gas production
-
Overseas business
City gas production, supply
and sales
・sales etc. Acquisition of gas resource
interests,
Participation in LNG project,
Value-added business related to energyGas supply,
- Engineering
- Living service Urban development service
-
City gas business Electric power business Liquid gas business
Participation in Gas-fired power
generation,
service businessTotal engineering such as related to energy service etc.
Customer value solution to improve of living
Real estate development and management, community-based energy solution and contribution to urban development
Engineering and energy service
etc.
3Tokyo Gas Co. Ltd. published this content on 06 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 October 2016 05:16:06 UTC.
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