HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Mar.2025) — Tokyo Gas Co., Ltd., with regard to its current Medium-Term Management Plan (MTMP), reaffirmed its commitment to continuous corporate value enhancement.
To this end, Tokyo Gas aims to address investor concerns around its ability to achieve a return on equity (ROE) of 8% in the next fiscal year, the Japanese company said on 26 Mar. 2025 in an official statement.
“Since the announcement of the current MTMP, we have accelerated our efforts to enhance corporate value. On 31 Jan. 2025, we clearly committed to achieving a ROE of 8% in FY25 and demonstrated our willingness to aim for an ROE exceeding 10% around FY30,” the company said.