Value Creation Management

❤OSAKA GAS Long-term energy share forecasts We expect natural gas usage to increase because: T The government has declared natural gas a primary energy source for Japan Natural gas is an important plank of the environmental strategy to reduce costs of emissions 100% 90%+* 19 18 80% 13 15 70% 60% 50% 40%-* 67 68 30% 20% 10% 0% 2000 Coal 10 11 15 17 443 36 43 96 Fuel oil 35 30 36 32 Electricity 26 69 30 26 24 23 23 23 14 31 34 +4 Gas 36 33 24 24 27 2010 2000 2010 2000 2010 2000 2010 Commercial Industrial Total Residential Source: Osaka Gas Survey 20 20

View entire presentation