K&O Energy Group Inc. (1663) Stock Price

Market cap
¥140.5B
P/E ratio
21x
K&O Energy Group develops and supplies natural gas and city gas while manufacturing iodine and iodine compounds from brine, serving diverse energy needs in Japan.

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Business Overview

K&O Energy Group operates primarily in the gas business and iodine business. In the gas business, Kanto Natural Gas Development Co., Ltd. handles the development, extraction, and sales of natural gas, while Otaki Gas Co., Ltd. is responsible for the supply and sales of city gas and LP gas. The group also manufactures and sells compressed natural gas.

In the iodine business, Kanto Natural Gas Development Co., Ltd. sells brine, which is the raw material for iodine, while K&O Iodine Co., Ltd. manufactures and sells iodine and iodine compounds. This integrated structure enables the group to handle iodine production through to sales as a complete operation.

The group's other businesses include electricity supply and sales, piping work related to civil engineering projects and gas sales, gas equipment sales, geothermal well drilling, geological and water quality surveys, and oil and gas development in the United States. Through these diverse operations, the group meets a wide range of energy-related needs.

Management Policy

K&O Energy Group is advancing its growth strategy centered on energy and iodine businesses to realize a sustainable society. The company prioritizes developing domestic resources in harmony with the environment and contributing to local communities.

Based on "VISION 2030," the company has formulated its medium-term management plan "Mid-term Plan 2027," deploying a strategy that balances stable energy supply with decarbonization. It aims to develop water-soluble natural gas and provide community-focused energy services.

In the iodine business, the company is increasing production to meet growing demand for this globally rare resource. As demand rises in medical and electronics industries, securing stable supply is a key priority.

In the renewable energy sector, the company is investing over 3 billion yen in geothermal and offshore wind technologies to advance next-generation development. It is also considering the application of CCS (carbon capture and storage) technology and plans to participate in forest conservation initiatives.

To strengthen its management foundation, the company is promoting the active participation of diverse talent and advancing digital transformation (DX). Through these efforts, it aims to improve operational efficiency and productivity while growing as a sustainable corporate group.

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