Tokyo Gas (TYO:9531) set a goal to achieve a 9% return on equity and segment profit of 210 billion yen by fiscal 2028, supported by 1.2 trillion yen in operating cash flow, according to a Wednesday filing on the Tokyo Stock Exchange.
The new three-year plan focuses on growth in its Energy, Solutions, and Overseas businesses, guided by ROIC-based portfolio management. The company plans total investments of up to 1.3 trillion yen and shareholder returns of at least 200 billion yen, including a dividend target of 140 yen per share in fiscal 2028.
Tokyo Gas will also expand LNG trading, monetize U.S. shale gas assets, and grow its domestic and Asia-Pacific energy solutions businesses to accelerate profit growth and reach its 2030 vision ahead of schedule.