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Expansion of the Overseas Energy Business

In its Long-Term Management Vision 2030, released in 2017, Osaka Gas set a goal to nearly triple its consolidated ordinary profit by fiscal year 2030 from that of 2017. Key in achieving this goal is the significant expansion of the overseas energy business, especially the acquisition of power generation facilities where a total capacity of at least 3.5 million kilowatts is targeted by fiscal 2030. The most important target for this expansion is the IPP (independent power producer) sector in North America.