Toho Gas Co (9533) Investor presentation summary

Business strategy and transformation

• Advancing an integrated approach to business, financial, and human resources strategies to enhance earning power and accelerate business structure transformation for sustainable growth and increased corporate value.

• Strategic focus on growing electricity and overseas businesses to match the scale of core gas and LPG operations by the mid-2030s.

• Four key business themes: stable cash flow from core businesses, deeper cultivation of region-based business, nurturing growth drivers, and commitment to carbon neutrality.

Core business initiatives

• Expanding city gas supply networks and LPG business, with emphasis on disaster prevention, safety, and fuel conversion for low-carbonization.

• Maintaining stable LNG procurement through diversified sources and investing in LNG carrier construction for procurement flexibility.

• Enhancing digital engagement via the revamped Club TOHOGAS membership platform and expanding product offerings.

Growth drivers: electricity and overseas business

• Designing a 100,000 kW gas engine power plant and expanding renewable energy capacity to strengthen the electricity business.

• Accelerating energy business expansion in Southeast Asia and Australia, including investment in renewable energy and battery storage projects.

• Launching North American operations, focusing on e-methane and biogas projects, and leveraging local subsidiaries for further growth.