Business overview: Real estate business GAS INTEGRATED REPORT 2020 57

Urban Development Service (Real Estate) SERVICE BUSINESS Gofukubashi (completion scheduled in fiscal 2030) Over the course of 135 years in business, the Tokyo Gas Outline Office leasing business Ikebukuro (completion Chiyoda-ku Group has acquired large-scale and medium-scale areas of scheduled in fiscal 2025) land with high asset value. Making the most of them, the msb Tamachi (musubu Tamachi) Tokyo Station Group operates an office and residential real estate leasing Toranomon We engage in the business of leasing high Koto-ku business mainly in city center areas with a basic concept of Toshima-ku Chuo-ku securing stable revenues and improving asset value. It will value-added office space, chiefly in city center work on joint projects with business partners in an effort to areas using large properties. At msb Tamachi , Shiba expand the regional development services business. we will introduce a smart energy network Minato-ku Net Sales Segment profits and enhance its business continuity planning Tamachi (BCP) functionality to contribute to the ¥ Meguro-ku 44.5 billion ¥9.6 billion creation of an advanced, appealing FY2019 FY2019 community. Phase I of development (Tamachi Shinagawa Net sales and segment profit Shinagawa-ku Station Tower S and Pullman Tokyo Tamachi) Station (¥ billion) (¥ billion) Net sales (LH) Segment profit (RH) was completed in May 2018, and Phase II 60 20 JR Tamachi Station (Tamachi Station Tower N) was completed in 45 15 fiscal 2020. Pullman Tokyo 30 10 1 Note: Phase I: Land leasing business, Phase II: Office leasing business Tamachi* Tamachi (based on Tokyo Gas capital investment) Station Minato Park Shibaura 15 5 Pedestrian deck Tower N msb Tamachi (musubu Tamachi) 0 0 Nagisa Terrace 2016.3 2017.3 2018.3 2019.3 2020.3 Tamachi Station Shibaura Tower S Nursery School Aiiku *2 Shibaura Park Hospital

Redevelopment area msb Tamachi (musubu Tamachi) *1 Hotel *2 Commercial Building

Toyosu mixed land area property development Residential leasing business The Toyosu area is situated in a Intended location of the Tokyo 2021 We are also engaged in proactive leasing prime location, approximately Olympics and Paralympics Athletes’ Village 4km away from Tokyo Station. business operations on small to medium-sized With significant events such as Toyosu-ohashi Bridge Harumi-ohashi the opening of the new Toyosu Bridge Tokyo Gas properties (as of March 2020, 18 buildings with Fish Market in October 2018 and Group site 640 residential units). In a bid to create good the coming hosting of the Toyosu Olympic and Paralympic Games Market quality assets that are well suited to leasing, we in 2021, the area is now Shijoumae Shintoyosu Station Toyosu Station Station attracting even greater attention. Toyosu Toyosu Market will work on the development of our own land Market The Tokyo Gas Group aims to Toyosu Smart Energy Center and the acquisition of new properties from the create a new mixed land area development in Toyosu that will Fujimi Bridge Ariake North Kiyari Bridge Bridge real estate market. In January 2021, include both residential and Ariake Tennis no commercial properties, in a Mori Station construction of a rental housing complex in development area covering Intended location of the Tokyo 2021 Olympics and Paralympics Stadium Itabashi-ku, Tokyo, named Itabashi Rental approximately 20 ha. Housing Complex, is scheduled for completion.