Value Creation Management

Development of new applications: fuel cells for residential use Development goals 500W 1kW Generation efficiency ratio Heating efficiency ratio Longevity Target price 10 years ¥550,000 Over 35% Over 35% Over 30% Over 35% 10 years ¥600,000 99 OSAKA GAS Osaka Gas's technological strength: high-performance desulfurization catalyst (global standard) Expected date of commercialization: 2005 Impact on our gas sales per installation In the case of 1kW PEFCs for homes with a floor area of over 150m2, an increase from around 800m3 per year to 1,600-1,800m3 per year 21

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