SHIZUOKA GAS CO., LTD. (9543) Stock Price

Shizuoka Gas operates across three main business segments: gas business, LPG and other energy business, and other business.

In the gas business, Shizuoka Gas supplies, sells, and distributes gas, as well as sells LNG (liquefied natural gas). Consolidated subsidiaries including Shimoda Gas, Shinshu Gas, and Sado Gas handle gas manufacturing, supply, and sales. Shimizu LNG procures LNG, manufactures city gas, and sells it to Shizuoka Gas.

In the LPG and other energy business, Shizuoka Gas Energy handles LPG sales, related equipment sales, and piping installation work. Shizuoka Gas also operates an on-site energy service business, installing energy facilities at customer business locations and selling electricity and thermal energy.

In other business, Shizuoka Gas and its affiliates provide gas piping work and gas equipment sales. Shizuoka Gas Engineering handles gas facility maintenance and construction work, while Shizuoka Gas Living operates a renovation business. Shizuoka Gas Credit provides leasing services, and Shizuoka Gas System Solutions handles information processing and system development.

Shizuoka Gas is pursuing a growth strategy aimed at co-creating value with local communities, based on its 2030 Vision. The company's main business areas are city gas and LPG, electricity and renewable energy, lifestyle services and engineering services, and overseas operations. Through these businesses, the company aims to contribute to the sustainable development of regional society.

In city gas and LPG operations, the company prioritizes safety and security while expanding natural gas adoption and its customer base. It is also promoting decarbonization and carbon neutrality, with the goal of building a diversified LNG procurement portfolio. In electricity and renewable energy operations, the company is focusing on renewable energy development and customer base expansion.

In lifestyle services, the company is strengthening sales of gas appliances and residential equipment to expand its housing business. In engineering services, the company is promoting energy efficiency and CO2 reduction while working to expand its business scope. In overseas operations, the company is advancing natural gas transition and renewable energy development in Southeast Asia and India.

To strengthen its management foundation, the company is prioritizing human capital development through the introduction of new personnel systems and expanded reskilling education. It is also promoting digital transformation to optimize operations and transform its business model. The company aims to enhance corporate value in the capital markets, targeting ROE of 8% or higher.

Under its new corporate philosophy, Shizuoka Gas is pursuing a sustainable future by leveraging the combined strengths of its energy-centered group. The company aims to contribute to regional development through addressing social challenges and community engagement activities.