TOKYO GAS CO.,LTD.
9531・Prime Market・Electric Power & Gas
Governance
Transitioned to a company with a nomination committee, etc. in June 2021. The board of directors consists of 9 directors, 6 of whom (approximately 67%) are outside directors; only the Representative Executive Officer and President serves as both a director and an executive officer, clearly separating execution from oversight.
Risk Management
The company has established an Enterprise Risk Management (ERM) framework and codified key risks in its Risk Control Regulations. Approximately 290 risk management promoters have been assigned to operate a PDCA cycle, while Emergency Response Regulations and BCPs have been established to strengthen the crisis management system.
Shareholder Returns
Progressive dividends are positioned as the core of shareholder returns; in FY2025, an annual dividend of ¥110 per share (interim ¥50, year-end ¥60) was paid (payout ratio of 16.8%). ¥120 per share (interim ¥60, year-end ¥60) is planned for FY2026. During the fiscal year, share buybacks totaling ¥200,071 million were carried out, and as a subsequent event, an additional buyback framework of up to ¥50,000 million and 12 million shares was resolved.
Dividend Policy
Dividend increases in line with medium- to long-term growth in earnings per share are positioned as the core of shareholder returns, with the policy of stably returning the fruits of growth through progressive dividends. The annual dividend for FY2025 was ¥110 per share (interim ¥50, year-end ¥60), with total dividends of ¥37,309 million and a payout ratio of 16.8%. The projected annual dividend for FY2026 is ¥120 per share (interim ¥60, year-end ¥60). As a subsequent event, 36,131,600 shares of treasury stock were retired effective April 24, 2026, and at the Board of Directors meeting on April 28, 2026, a share buyback of up to 12,000,000 shares and ¥50,000 million was resolved (acquisition period: May 7, 2026 to September 30, 2026).
ESG
The company has set "balancing stable energy supply with carbon neutrality" as a materiality issue and formulated a roadmap targeting net-zero CO2 by 2050. It discloses GHG Scope 1 and 2 emissions of 4.360 million t-CO2e (FY2024) and a CO2 reduction contribution of 12.19 million t (FY2025) as achievements. In terms of human capital, it has achieved a female manager ratio of 12.8% and a male childcare leave uptake rate of 109%.
Last updated: June 23, 2026