New group structure and business selection and focus
First written in FY2017-Q1. 21 of 33 entries say "Advanced", first in FY2017-Q2. Latest entry: 2026-10-08.
No other company in this theme has enough history to compare yet.
- 2026-07-30AdvancedEarnings
「Material changes in the scope of consolidation during the cumulative consolidated period under review: Yes. Additions: 0 companies. Exclusions: 2 companies. Company names: Gunma Annaka Solar Power GK and Tokyo Gas Lease Co., Ltd.」
Two companies were excluded from the scope of consolidation as the company continued to restructure its group formation. - FY2026AdvancedAnnual report
「From the current consolidated fiscal year, the following 6 companies have been newly included in the scope of consolidation. Newly established: TOKYO GAS ENERGY AUSTRALIA PTY LTD, Tokyo Gas Philippines,Inc., TGNR HoldCo Member LLC. Share acquisitions: Yokoyama Co., Ltd., HSK Co., Ltd. Increased materiality: Tokyo Gas Hitachi Living Service Co., Ltd.」
Regarding the Group's formation, 6 companies were added to the scope of consolidation through new establishments in Japan and overseas, acquisitions and increased materiality. Meanwhile, 3 companies were excluded as a result of the transfer of shares in TGNR TVL LLC, the decision to dissolve TOKYO GAS AUSTRALIA PTY LTD, and the absorption-type merger of TG Global Trading. - 2026-05-26AdvancedGeneral Meetings of Shareholders
「From the consolidated fiscal year under review, TG Global Trading Co., Ltd. was excluded from the scope of consolidation following its absorption-type merger into Tokyo Gas Co., Ltd., while Tokyo Gas Australia Pty Ltd was excluded from the scope of consolidation following the decision to dissolve it.」
The company reported specific progress in its group formation, with TG Global Trading excluded from the scope of consolidation following its absorption-type merger and Tokyo Gas Australia Pty Ltd excluded following the decision to dissolve it. - FY2026-H1AdvancedAnnual report
「In the Energy Solutions segment, TG Global Trading Co., Ltd., formerly a consolidated subsidiary, ceased to exist as a result of an absorption-type merger in which the Company was the surviving company. Accordingly, it has been excluded from the scope of consolidation from the current interim consolidated accounting period. In the Overseas segment, Tokyo Gas Australia Pty Ltd, formerly a consolidated subsidiary, has also been excluded from the scope of consolidation from the current interim consolidated accounting period following the decision to dissolve it.」
As a concrete development in the Group's formation, TG Global Trading was integrated through an absorption-type merger, while Tokyo Gas Australia Pty Ltd was excluded from the scope of consolidation following the decision to dissolve it. - FY2024AdvancedAnnual report
「From the current consolidated fiscal year, the following 14 companies have been newly included in the scope of consolidation.」
In addition to the acquisition of Rockcliff Energy II LLC and the addition of newly established battery storage and renewable energy companies, the Group also transferred, liquidated or merged by absorption Australian LNG subsidiaries and other entities, advancing the reorganization of its Group formation. - FY2024-Q3AdvancedAnnual report
「From the third quarter of the current fiscal year, Rockcliff Energy II LLC and 2 of its subsidiaries have been included in the scope of consolidation because they became subsidiaries as a result of the acquisition of their shares and other factors. From the third quarter of the current fiscal year, Captie Co., Ltd., formerly a consolidated subsidiary, transferred its gas equipment business through a company split on 1 October 2023 and changed its name to Captie Solutions Co., Ltd.」
The Group acquired North American gas exploration and production company Rockcliff Energy II LLC and 2 of its subsidiaries and made them consolidated subsidiaries. It also transferred Captie's gas equipment business through a company split and changed the company's name to Captie Solutions, marking progress in the acquisition and reorganization of Group businesses. - FY2024-Q1AdvancedAnnual report
「In the Energy Solutions segment, TG Plus Co., Ltd., formerly a consolidated subsidiary, ceased to exist as a result of an absorption-type merger in which the Company was the surviving company. Accordingly, it has been excluded from the scope of consolidation from the first quarter of the current fiscal year.」
As a concrete development in the Group's formation, TG Plus Co., Ltd. was integrated through an absorption-type merger in which the Company remained as the surviving company, and was excluded from the scope of consolidation. - FY2023AdvancedAnnual report
「In executing our strategy, we will strengthen business portfolio management from the perspectives of profitability, growth and stability, and accelerate the shift of management resources to new growth areas, in order to respond swiftly and flexibly to volatility and uncertainty in the energy market.」
The policy of accelerating asset swaps and the shift of management resources to new growth areas based on the profitability, growth and stability of the business portfolio is being developed as a core initiative of the new medium-term management plan. - FY2023-Q3AdvancedAnnual report
「Tokyo Gas Energy Co., Ltd., a consolidated subsidiary, has been excluded from the scope of consolidation from the first quarter of the current fiscal year following the sale of all shares in the company held by a consolidated subsidiary of the Company.」
In addition to the sale of all shares in the LPG-related company and its exclusion from consolidation, on 1 October 2022 Captie's pipeline construction business was transferred to Nittetsu Pipeline & Engineering Co., Ltd., as the Group continued to review its business portfolio. - FY2023-Q2AdvancedAnnual report
「Since 2003, we have participated in 5 Australian LNG projects and expanded our LNG upstream interests. However, after considering the optimal composition of our asset portfolio, we determined that it was appropriate to transfer all shares in the following consolidated subsidiaries to MidOcean.」
Regarding the Group's business selection and focus, the Group has entered into an agreement to transfer all shares in 5 companies related to 4 Australian LNG projects, giving concrete form to the restructuring of its asset portfolio. The transfer was scheduled to close in March 2023, subject to approvals from the Australian government and other parties and the satisfaction of contractual conditions. The transfer of the 30% interest in MT Falcon Holdings was completed on 10 November 2022. - FY2023-Q1AdvancedAnnual report
「On 1 June 2022, the Company’s wholly owned subsidiary Tokyo Gas Liquid Holdings Co., Ltd. transferred all shares it held in Tokyo Gas Energy Co., Ltd. and Tokyo Gas LPG Terminal Co., Ltd. to IWATANI CORPORATION.」
The Company transferred all shares in 2 affiliated companies engaged in LP gas wholesale and retail, as well as storage and shipment, moving the review of its business portfolio into the implementation stage. - FY2022AdvancedAnnual report
「April 2022 Formulation of a new Group Management Philosophy 〃 April Launch of a holding company-based group structure」
The Company launched a holding company-based group structure and formulated a new Group Management Philosophy in April 2022. It is also advancing a review of its business portfolio through the transfer of LP gas-related subsidiaries. - FY2022-Q3AdvancedAnnual report
「As part of item ③, the Company plans to transition to a holding company-based group structure from April 2022.」
As a specific development in the reform of the group formation, the Company has expressly stated its plan to transition to a holding company-based group structure from April 2022. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 115 subsidiaries and 84 associates, 200 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the Group’s businesses or principal affiliated companies, reaffirming the existing group formation. - FY2021AdvancedAnnual report
「The following 26 companies have been newly included in the scope of consolidation from the current consolidated fiscal year.」
The Group has expanded its number of group companies by adding 26 companies through new establishments, acquisitions and other transactions. - FY2021-Q3RestatedAnnual report
「During the second quarter, the Company acquired shares and otherwise made investments in Castleton Resources LLC and its 10 subsidiaries, TG Aktina Holdings LLC and its 7 subsidiaries, Fushiki Manyo Wharf Biomass Power Generation (GK), and Ichihara Yawata Wharf Biomass Power Generation (GK), making them consolidated subsidiaries. Accordingly, Castleton Resources LLC changed from an equity-method affiliate to a consolidated subsidiary and changed its name to TG Natural Resources LLC.」
The disclosure reiterates the consolidation in the second quarter of the U.S. gas companies, biomass power generation companies and others, as well as the change in Castleton Resources LLC’s name to TG Natural Resources LLC. - FY2021-Q2AdvancedAnnual report
「During the second quarter of the current consolidated fiscal year, the Company acquired shares and otherwise made investments in Castleton Resources LLC and its 10 subsidiaries, TG Aktina Holdings LLC and its 7 subsidiaries, Fushiki Manyo Wharf Biomass Power Generation (GK), and Ichihara Yawata Wharf Biomass Power Generation (GK), making them consolidated subsidiaries. Accordingly, Castleton Resources LLC changed from an equity-method affiliate to a consolidated subsidiary.」
As a specific development in the group formation, the Company made a group of U.S. gas companies, TG Aktina and 2 biomass power generation companies, among others, consolidated subsidiaries, and changed Castleton Resources LLC from an equity-method affiliate to a subsidiary. - FY2021-Q1AdvancedAnnual report
「Castleton Resources LLC subscribed for a capital increase conducted by the company in connection with its acquisition of interests in a gas field in Louisiana, USA, raising the Group’s ownership from 46% to more than 70% and making it a subsidiary. The transaction is intended to expand profits from overseas operations, as set out in the Group Management Vision Compass2030.」
As a specific development in the group formation, the Company plans to raise its ownership in a U.S. equity-method affiliate from 46% to more than 70% through a capital increase subscription and make it a subsidiary. - FY2020AdvancedAnnual report
「Through new establishments and other transactions, the Company has newly included the following 8 companies in the scope of consolidation from the current consolidated fiscal year: Kyoto Ayabe Solar Power Generation (GK), TG Renewables 1 LLC, Tokyo Gas Live Solutions Co., Ltd., Sumilena Co., Ltd., Hinatao Energy Co., Ltd., Gunma Annaka Solar Power Generation (GK), Annaka Solar (GK), and Ishikawa Hakui Solar Power Generation (GK).」
As a specific development in the group formation, 8 newly established or otherwise acquired companies have been added to the scope of consolidation. - FY2020-Q3RestatedAnnual report
「Tokyo Gas Land Development Co., Ltd. ceased to exist through an absorption-type merger with Tokyo Gas Urban Development Co., Ltd. on 1 April 2019, and the surviving company, Tokyo Gas Urban Development Co., Ltd., changed its name to Tokyo Gas Real Estate Co., Ltd. The real estate development, leasing and management businesses conducted by Tokyo Gas Land Development Co., Ltd., and the real estate leasing and management business conducted by Tokyo Gas Urban Development Co., Ltd., have continued under Tokyo Gas Real Estate Co., Ltd., with no changes.」
The disclosure reiterates the absorption-type merger and name change of the real estate affiliates completed on 1 April 2019, as well as the continuation of their businesses. - FY2020-Q2RestatedAnnual report
「Tokyo Gas Land Development Co., Ltd. ceased to exist through an absorption-type merger with Tokyo Gas Urban Development Co., Ltd. on 1 April 2019, and the surviving company, Tokyo Gas Urban Development Co., Ltd., changed its name to Tokyo Gas Real Estate Co., Ltd. The real estate development, leasing and management businesses conducted by Tokyo Gas Land Development Co., Ltd., and the real estate leasing and management business conducted by Tokyo Gas Urban Development Co., Ltd., have continued under Tokyo Gas Real Estate Co., Ltd., with no changes.」
The disclosure reiterates the absorption-type merger and name change of the real estate affiliates completed on 1 April 2019, as well as the continuation of their businesses. - FY2020-Q1AdvancedAnnual report
「Tokyo Gas Land Development Co., Ltd. ceased to exist through an absorption-type merger with Tokyo Gas Urban Development Co., Ltd. on 1 April 2019, and the surviving company, Tokyo Gas Urban Development Co., Ltd., changed its name to Tokyo Gas Real Estate Co., Ltd. The real estate development, leasing and management businesses conducted by Tokyo Gas Land Development Co., Ltd., and the real estate leasing and management business conducted by Tokyo Gas Urban Development Co., Ltd., have continued under Tokyo Gas Real Estate Co., Ltd., with no changes.」
On 1 April 2019, the real estate affiliates completed an absorption-type merger and the surviving company changed its name. The real estate development, leasing and management businesses conducted by both companies have continued under the new company. - FY2019Cited as achievedAnnual report
「During the previous Hop period (fiscal 2012–2014) and Step period (fiscal 2015–2017), the Company aimed to become an integrated energy and global company, significantly expanding its business fields and geographic areas, establishing 7 business domains and building a new group formation.」
The Company summarizes as achievements the establishment of 7 business domains and construction of a new group formation during the previous Hop and Step periods. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 83 subsidiaries and 73 associates, 157 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the businesses or principal affiliated companies, and indicates no major new changes in the group formation. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 83 subsidiaries and 74 associates, 158 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the businesses or principal affiliated companies, and indicates no major new changes in the group formation. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 83 subsidiaries and 73 associates, 157 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the businesses or principal affiliated companies, and indicates no major new changes in the group formation. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 78 subsidiaries and 70 associates, 149 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the businesses or principal affiliated companies, and indicates no new developments in the Group reorganization. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no material changes in the businesses conducted by the Company and its affiliated companies (the Company, 72 subsidiaries and 69 associates, 142 companies in total). There were also no changes among the principal affiliated companies.」
The disclosure states that there were no material changes in the businesses or principal affiliated companies, and indicates no major additional developments in the existing group structure. - FY2017-Q3RestatedAnnual report
「The Company transferred its shares in Gastar Co., Ltd. effective 1 April 2016 and excluded the company from the scope of consolidation. Chiba Gas Co., Ltd. merged with the Company on 1 May 2016.」
The disclosure reiterates the completed Group reorganization involving the exclusion of Gastar from consolidation and the merger with Chiba Gas. - FY2017-Q2AdvancedAnnual report
「Chiba Gas Co., Ltd. merged with the Company on 1 May 2016.」
The disclosure describes the merger with Chiba Gas as a specific development in the Group reorganization, in addition to the existing transfer of shares in Gastar. - FY2017-Q1First statedAnnual report
「Based on the Challenge 2020 Vision, the Company set out to build a new group formation and reviewed the selection and concentration of the functions and businesses of its affiliated companies. With respect to the gas equipment-related business, it decided to withdraw from manufacturing and focus instead on strengthening the sales business, which is closer to customers and makes better use of the Group’s strengths.」
The transfer of shares in Gastar on 1 April 2016 is presented as a specific example of the Company’s withdrawal from gas equipment manufacturing and shift in focus to sales.