Safety and Value-Added Services in Response to the Liberalization of the City Gas Retail Market

「In the city gas business, the number of customers was 74 thousand, roughly unchanged from the end of the previous consolidated fiscal year.」

「In the city gas business, the number of customers was 74 thousand, roughly unchanged from the end of the previous consolidated fiscal year. Revenue was ¥7,854 million, down 8.0% year on year, due to the impact of the raw material cost adjustment system.」

「In the city gas business, the number of customers was 75 thousand, roughly unchanged from the end of the previous consolidated fiscal year.」

「In the city gas business, the number of customers was 75 thousand, roughly unchanged from the end of the previous consolidated fiscal year. Revenue was ¥8,535 million, up 5.3% year on year, due to the impact of the raw material cost adjustment system.」

「In the city gas business, the number of customers increased by 5 thousand from the end of the previous consolidated fiscal year to 75 thousand. Revenue was ¥19,607 million, up 50.8% year on year, due to the impact of the raw material cost adjustment system.」

「In the city gas business, the number of customers increased by 4 thousand from the end of the previous consolidated fiscal year to 73 thousand. Revenue was ¥13,552 million, up 54.9% year on year, due to the impact of the raw material cost adjustment system.」

「In the city gas business, the number of customers increased by 3 thousand from the end of the previous consolidated fiscal year to 72 thousand.」

「In the city gas business, the number of customers increased by 1 thousand from the end of the previous consolidated fiscal year to 71 thousand. Revenue was ¥3,941 million, up 40.7% year on year, due to the impact of the raw material cost adjustment system.」

「In the city gas business, the number of customers increased by 6 thousand from the end of the previous consolidated fiscal year to 68 thousand. In addition, revenue was ¥8,747 million, up 5.4% year on year, mainly due to an increase in industrial gas sales volumes and the impact of the raw material cost adjustment system.」

「In the city gas business, the company began expanding beyond its traditional Shida area in Shizuoka Prefecture and acquired gas businesses from Shimonita, Gunma Prefecture, and Nikaho, Akita Prefecture. Going forward, it will continue to actively pursue expansion through M&A.」

「In August of the same year, the company established Nikaho Gas Co., Ltd. (Nikaho, Akita Prefecture) and began preparing to take over the city gas business from Nikaho. In October of the same year, it jointly established T&T Energy Co., Ltd. with TEPCO Energy Partner, Inc. and began preparing to launch a city gas retail business in the Chukyo region.」

「The company established Nikaho Gas Co., Ltd. on 5 August 2019 to take over the city gas business operated by Nikaho, Akita Prefecture.」

「The company also entered into an agreement to acquire the city gas business operated by Nikaho, Akita Prefecture.」

「In October of the same year, the company received approval from the Kanto Bureau of Economy, Trade and Industry to acquire the gas business operated by Shimonita, Gunma Prefecture.」

「Retail sales in the city gas business were fully liberalized in April 2017. In response, as a community-based city gas operator, the group has worked to further strengthen its safety systems and provide value-added services and products rooted in local communities and customers. It has also worked to establish a business foundation and strengthen its customer base through M&A and other measures, with the aim of expanding into new businesses.」

「Retail sales were fully liberalized in April 2017, and major changes in the business environment were anticipated. In response, as a community-based city gas operator, the group worked to further strengthen its safety systems and provide value-added services and products rooted in local communities and customers.」