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Tokyo Gas (9531) · InitiativeSoftened

Diversification of LNG Procurement Sources and Flexible Vessel Deployment

First written in FY2019. 3 of 5 entries say "Softened", first in FY2022. Latest entry: FY2026.

5entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019AdvancedFY2020SoftenedFY2022 – FY20262019: 120192020: 120202021: 020212022: 120222023: 120232024: 020242025: 020252026: 12026
Same theme, other companies
LNG Supply Source Diversification, Production Expansion and New DevelopmentA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

Tokyo Gas moved to the "Worse" side of this theme in 2022.

0 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「The company currently purchases LNG from 10 projects in 5 countries and is diversifying its procurement sources.」

    The disclosed LNG procurement sources have changed from the 4 countries and 13 projects previously disclosed to 5 countries and 10 projects. Measures to reduce procurement risk through flexible vessel deployment and trading continue.
  2. FY2023SoftenedAnnual report

    「The company currently purchases LNG from 13 projects in 4 countries and is diversifying its procurement sources. It is also pursuing stable and flexible LNG procurement, including through flexible vessel deployment using company-managed LNG carriers and other vessels and the use of trading, thereby reducing the risk of disruptions to raw material procurement.」

    While the procurement sources disclosed have changed from the previous 15 projects in 5 countries to 13 projects in 4 countries, risk-reduction measures involving flexible vessel deployment and trading continue.
  3. FY2022SoftenedAnnual report

    「The company currently purchases LNG from 15 projects in 5 countries and is diversifying its procurement sources. It is also pursuing stable and flexible LNG procurement, including through flexible vessel deployment using company-managed LNG carriers and other vessels and the use of trading, thereby reducing the risk of disruptions to raw material procurement.」

    While the procurement sources disclosed have changed from 16 projects in 6 countries to 15 projects in 5 countries, risk-reduction measures involving flexible vessel deployment and trading continue.
  4. FY2020AdvancedAnnual report

    「The company currently purchases LNG from 16 projects in 6 countries and is diversifying its procurement sources. It is also pursuing stable and flexible LNG procurement, including through flexible vessel deployment using company-managed LNG carriers and other vessels and the use of trading, thereby diversifying the risk of disruptions to raw material procurement.」

    The number of LNG procurement sources increased from 14 projects in 6 countries to 16 projects, and trading is now explicitly identified as a procurement method.
  5. FY2019First statedAnnual report

    「The company imports LNG from 14 projects in 6 countries, diversifying its procurement sources, and is pursuing stable and flexible LNG procurement by flexibly deploying company-managed LNG carriers and other vessels, thereby diversifying the risk of disruptions to raw material procurement.」

    The company describes measures to diversify raw material procurement risk through imports from 14 projects in 6 countries and flexible vessel deployment using company-managed LNG carriers and other vessels.
Moved together

"Risk of Spillover to the Domestic Economy from a Downturn in Overseas Economies" moved the same way as this thread, in the same document, in 3 of its 5 moves.

332222★123456
  1. ★This thread
  2. 1Risk of Spillover to the Domestic Economy from a Downturn in Overseas Economies3×
  3. 2Risk of Failure to Recover Large-Scale Investments and Financing3×
  4. 3Risk of fluctuations in LNG procurement prices, foreign exchange rates and crude oil prices2×
  5. 4D/E ratio of approximately 0.8x in each fiscal year through fiscal 20202×
  6. 5Interest Rate Fluctuation Risk When Refinancing, etc.2×
  7. 6Risk of disruption to feedstock procurement due to overseas dependence, accidents at LNG facilities and other factors2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Tokyo Gas's next results are scheduled for 2026-10-29. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Diversification of LNG Procurement Sources and Flexible Vessel Deployment | TOKYO GAS CO.,LTD. (9531) | Komori