Achieving a “Strong Gas Business” and “Further Growth”

「事業・財務・人材の各戦略を統合的に推進し、稼ぐ⼒を引き上げながら、「企業価値の向上」や「目指す姿の実現」に向けた事業構造の変⾰を加速します。」

「As the second year of the medium-term management plan covering fiscal 2025 to fiscal 2027, the first half of the second step toward achieving our objectives, we will steadily advance initiatives under the 4 business themes set out in our business strategy, together with our financial and human resources strategies in line with the plan's policies.」

「At the same time, as the first step toward achieving the objectives set out in the group vision, we formulated a new medium-term management plan for fiscal 2022 to fiscal 2025. Through initiatives under 4 themes, “promoting carbon neutrality,” “evolving as an energy provider,” “creating diverse value” and “contributing to the achievement of the SDGs,” we will establish a firm path toward new growth.」

「Under the medium-term management plan for fiscal 2019 to fiscal 2021, our group aims to become a “total energy provider” by making optimal proposals involving 3 types of energy: city gas, LPG and electricity. As electricity business revenue has increased, we changed our reportable segments from the first quarter of the fiscal year to “Gas,” “LPG and Other Energy” and “Electricity.”」

「Under the medium-term management plan for fiscal 2019 to fiscal 2021, our company aims to become a “total energy provider” by making optimal proposals involving 3 types of energy: city gas, LPG and electricity.」

「Customers: Natural gas 2.51 million accounts, 2.53 million accounts, 2.55 million accounts, 2.55 million accounts; LPG 589,000 accounts, 594,000 accounts, 604,000 accounts, 590,000 accounts; Electricity 335,000 accounts, 438,000 accounts, 514,000 accounts, 300,000 accounts」

「We view the first year of the medium-term management plan as having progressed smoothly, despite growing stagnation in economic conditions and business activity in our region against the backdrop of US-China trade tensions, the spread of COVID-19 and other factors. Key measures under the medium-term management plan progressed steadily, including developing new demand, launching the ASMITAS service on our lifestyle services platform, and advancing specific domestic and overseas energy projects.」

「To date, we have implemented the measures set out in the medium-term management plan covering the 5-year period from fiscal 2014 to fiscal 2018, achieving growth in the city gas business while expanding our business areas through initiatives such as entering the electricity business and strengthening group and new businesses. Looking ahead, competition among operators is expected to intensify further as a result of energy liberalization, while the energy landscape is expected to change significantly due to various changes in the external environment. Against this backdrop, during the 3-year period from fiscal 2019 to fiscal 2021, we need not only to prevail in the competition and continue achieving growth in the energy business, but also to accelerate structural reforms in preparation for the future. Accordingly, our group formulated a new medium-term management plan covering fiscal 2019 to fiscal 2021. Under this plan, while strengthening our management foundation, we will implement 3 key strategies: “further growth of the city gas business,” “development into a total energy provider,” and “challenging new fields.” Through these efforts, we will further solidify our position as a trusted, community-rooted energy provider, expand our business areas further and achieve sustainable growth.」

「Customers: Natural gas 2.43 million accounts, 2.46 million accounts, +0.8%, 2.50 million accounts; LPG*1 480,000 accounts, 480,000 accounts, +1.8%, 500,000 accounts. Sales volume: Natural gas*2 4.0 billion m3, 4.5 billion m3, +2.2%, 5.0 billion m3; LPG 450,000 tonnes, 470,000 tonnes, +2.3%, 500,000 tonnes」

「Our group will work as one to achieve the medium-term management plan's concepts of a “strong gas business” and “further growth,” aiming to remain a corporate group trusted and continuously chosen by customers and local communities in every era.」