Tokyo Gas Co. Ltd. provides impairment guidance for the third quarter ended December 31, 2015. For the period the company expects to post an impairment loss (consolidated) of approximately JPN 10.6 billion because the business value of the shale gas development project in the Barnett basin in Texas, U.S. which Tokyo Gas is participating in through its wholly owned subsidiary Tokyo Gas America Ltd. via its subsidiary TG Barnett Resources LP has been reevaluated considering the impact from the decline in gas and oil prices.

The company expects to post a valuation loss on shares of affiliated companies of JPN 24.6 billion. This valuation loss on the shares of affiliated companies concerning Tokyo Gas America Ltd. will be offset in the consolidated settlement, so it will have no impact on the consolidated earnings of Tokyo Gas.