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Long-Term Vision

Long-Term Vision

Efforts to Become “What We Aim To Be in FY2031.3”

Daigas Group’s Long-term Management Vision and Medium-term Management Plan “Going Forward Beyond Borders”
Daigas Group’s Long-term Management Goals (Priority Management Issues): Basic Approach

Expand Business Domains and Services
  • Realize growth in each of the following business domains and build strong business structures that are resistant to business risks such as oil price fluctuations. [Domestic Energy: Gas manufacturing and sales / Gas distribution / Electric power generation and sales / New business fields] [International Energy: International upstream and trading / International middle and downstream] [LBS: Real estate / Materials / IT / New business fields and others]
  • Provide not only city gas, but high-quality services through the Daigas Group to boost profits including electricity and LPG supply, life support, and business support.
  • Further promote business development in a broader area in Japan and strategic areas overseas.
Ensure Reliability and Safety as Energy Professionals
  • Promptly incorporate leading edge technology while continually advancing commercialization of proprietary technology and progressing with efforts for new initiatives to provide reliable, safe, and high-quality services in an uninterrupted manner.
Earn Trust through Enhanced Corporate and Business Qualities
  • Engage in high-quality business activities that are constantly chosen by customers, compliance-conscious, and environmentally-friendly, sustainable.
Enhance Corporate Value

Improve asset efficiency and capital efficiency

  • Continue working to raise profitability with an aim of EBITDA*1, ROE, and ROA improvement.

Shareholder returns

  • Decide on other measures of shareholder return such as share buybacks with a comprehensive view on various factors including business performance and future management plans while maintaining stable dividends.
  • Aim to maintain a consolidated dividend payout ratio of 30% or higher excluding short-time fluctuation factors that affect profits, within the amount available for distribution to Osaka Gas shareholders.

Maintain financial soundness

  • Manage risks quantitatively while maintaining a shareholders’ equity ratio of approximately 50% and a D/E ratio of approximately 0.7 over the medium- to long-term.
  • *1 EBITDA = operating profit + depreciation cost + amortization of goodwill + equity in earnings/losses of affiliates

What We Aim to Be in FY2031.3

What We Aim to Be in FY2031.3
  • *1 Crude oil price of $55/barrel; exchange rate of ¥115/$1 *2 Crude oil price of $70/barrel; exchange rate of ¥115/$1
  • *3 On the basis of consolidated ordinary profit *4 Gas business profit includes sales of equipment and LNG, etc.
  • *5 Life & Business Solutions
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