Accelerating global expansion
First written in FY2019. 12 of 17 entries say "Advanced", first in FY2021-Q1. Latest entry: 2026-10-08.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「TG Natural Resources LLC, a Texas-based gas development and production company funded by Tokyo Gas America, a wholly owned subsidiary of the company, transferred all equity interests in its subsidiary TGNR TVL LLC to Grayrock Energy Ⅳ, LLC on 8 January 2026.」
In its overseas business, the company is expanding its North American shale gas business while transferring TGNR TVL LLC to improve asset efficiency and advancing the replacement of assets in its overseas portfolio. - 2026-05-26AdvancedGeneral Meetings of Shareholders
「Having achieved the original purpose for which we initially joined this project, we plan to carry out this share transfer as part of portfolio management for our overseas business.」
As part of overseas business portfolio management, the company plans to transfer all shares of Birdsboro Power Holdings Ⅱ,LLC in August 2026. - FY2025-H1AdvancedAnnual report
「TG Natural Resources LLC (hereinafter, "TGNR") acquired mining rights and other assets for $363 million as gas development and production facilities.」
As a concrete development in its overseas business, TGNR acquired mining rights and other assets for its gas development and production facilities for $363 million. It has also changed its planned investment for the current consolidated fiscal year to $570 million. - FY2024AdvancedAnnual report
「The acquisition of shares in RC is expected to establish a stable earnings base. Acquisition price: Approximately $2,700 million (approximately ¥405.0 billion)」
The company acquired all shares of Rockcliff Energy II LLC and made an investment of approximately $2.7 billion to expand its North American shale gas business. Meanwhile, the transfer of its Australian upstream LNG assets was completed, advancing the replacement of overseas assets. - FY2024-Q3AdvancedAnnual report
「The acquisition of shares in RC is expected to establish a stable earnings base. Acquisition price: Approximately $2,700 million (approximately ¥405.0 billion)」
To expand its North American shale gas business under Compass Transformation 23-25, the company acquired all shares of Rockcliff Energy II LLC for approximately $2.7 billion, expanding its gas development and production base in Texas and Louisiana. - FY2024-Q2RestatedAnnual report
「The transfer of 5 subsidiaries of the Company's Australian subsidiary, Tokyo Gas Australia Pty Ltd, covering 4 projects, to MidOcean Energy Holdings Pty Ltd, a subsidiary of U.S.-based EIG Global Energy Partners, LLC (the "Transfer"), was disclosed as additional information in the securities report for the previous consolidated fiscal year. The closing was initially scheduled for March 2023, but has been postponed because discussions with the relevant parties are continuing, and the timing is now undetermined.」
The sale of the Australian LNG projects, being pursued as part of the restructuring of the overseas business asset portfolio, remains under discussion with the parties concerned, and the timing of execution has not been determined. - FY2023-Q3RestatedAnnual report
「The transfer of 5 subsidiaries of the Company's Australian subsidiary, Tokyo Gas Australia Pty Ltd, covering 4 projects, to MidOcean Energy Holdings Pty Ltd, a subsidiary of U.S.-based EIG Global Energy Partners, LLC, which was disclosed as a material subsequent event in the second quarter, remains in progress toward completion.」
As part of the restructuring of its overseas business asset portfolio, the company continues to pursue the sale of 5 companies and 4 Australian LNG projects. - FY2023-Q2ReframedAnnual 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 overseas expansion, the company has indicated not only a policy of continuing to expand its holdings in Australian upstream LNG interests, but also a direction of transferring 5 companies and 4 projects to restructure its asset portfolio. - FY2022AdvancedAnnual report
「Overseas segment revenue increased by ¥40.0 billion, or 87.1%, year on year to ¥85.9 billion, due mainly to the full-year contribution from the North American upstream business acquired as a subsidiary in the previous fiscal year and higher revenue from the Australian upstream project following the rise in crude oil prices. Segment profit increased by ¥24.4 billion, or 625.2%, year on year to ¥28.2 billion, reflecting higher profit from equity-method affiliates and other factors.」
Overseas segment revenue and profit increased substantially, driven by the full-year contribution from the North American upstream business and higher revenue from the Australian upstream project. - FY2022-Q3AdvancedAnnual report
「Aktina, located in Texas, USA, acquired $120 million of other property, plant and equipment, such as machinery and equipment, as part of a utility-scale solar power facility.」
As a concrete development in its global expansion, Aktina in Texas, USA, has acquired a utility-scale solar power facility for $120 million. - FY2021-Q3AdvancedAnnual report
「In connection with making TG Natural Resources LLC, located in Texas, United States, a consolidated subsidiary, the company acquired $1,017 million in other intangible assets, including mining rights. This amount was provisionally calculated because the purchase price allocation has not been completed.」
Regarding the expansion of its North American business, the company disclosed that it acquired $1,017 million in mining rights and other assets in connection with making TG Natural Resources LLC a consolidated subsidiary. - FY2021-Q2AdvancedAnnual report
「Voting rights ownership immediately before the business combination 46.0% Voting rights acquired additionally on the business combination date 26.9% Voting rights ownership after the acquisition 72.9%」
In the North American gas development and production business, the company made an additional acquisition of Castleton Resources LLC on 14 August 2020, raising its voting rights ownership from 46.0% to 72.9% and making it a consolidated subsidiary. - FY2021-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 29 July 2020, the company established a subsidiary in the United States as described below. Through this subsidiary, it also acquired on 12 August 2020 (11 August local time) a large-scale solar power generation business in Texas being developed by Hecate Energy LLC, a U.S. renewable energy company.」
As a concrete step in its global expansion, the company established a subsidiary in the United States and acquired a large-scale solar power generation business in Texas. - FY2020ReframedAnnual report
「In addition to focusing on LNG infrastructure business development in Asia, where natural gas demand is rising, by leveraging its accumulated LNG strengths and track record, the company is working to expand renewable power generation capacity and enhance the value of its resource development business.」
The company's global expansion has been restructured to combine the acquisition of new projects with Asian LNG infrastructure, renewable energy and value enhancement in resource development. - FY2019First statedAnnual report
「Based on its experience in the natural gas and LNG businesses developed in Japan and overseas, the company is promoting the construction and operation of natural gas and LNG infrastructure, energy supply, and participation in renewable energy projects tailored to the characteristics of each region. Going forward, it will steadily advance existing projects while pursuing new opportunities in each country.」
The company plans to advance existing projects and acquire new ones centered on natural gas and LNG infrastructure, energy supply and renewable energy projects.