{"id":33602,"date":"2025-02-02T22:00:00","date_gmt":"2025-02-02T22:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4609727_AE09727_0"},"modified":"2025-02-02T22:00:00","modified_gmt":"2025-02-02T22:00:00","slug":"elliott-statement-on-tokyo-gas-co-ltd","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=33602","title":{"rendered":"Elliott Statement on Tokyo Gas Co., Ltd."},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">LONDON<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Feb. 3, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Elliott Investment Management,&nbsp;L.P. and Elliott Advisors (U.K.) Limited (&#8220;Elliott,&#8221; or &#8220;we&#8221;), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. (&#8220;Tokyo Gas&#8221; or &#8220;the Company&#8221;), today issued the following statement:<\/p>\n<p>&#8220;We welcome Tokyo Gas&#8217;s decision to expand its buyback program and implement additional measures to enhance capital efficiency and accelerate growth. We view these measures as meaningful first steps to unlock the substantial value embedded in Tokyo Gas&#8217;s asset base, and we believe this plan demonstrates the Company&#8217;s commitment towards value creation. We also support the establishment of the Corporate Value Enhancement Committee, and we anticipate the results of the Company&#8217;s review of Tokyo Gas&#8217;s non-core assets for divestment \u2013 including its extensive and underappreciated real estate holdings \u2013 to be announced at the comprehensive investor update in March. We look forward to continuing our engagement with the Company.&#8221;<\/p>\n<p><b>About Elliott<\/b><\/p>\n<p>Elliott Investment Management L.P. (together with its affiliates, &#8220;Elliott&#8221;) manages approximately&nbsp;$69.7 billion&nbsp;of assets as of&nbsp;June 30, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds&#8217; investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Investment Management L.P.<\/p>\n<p><b>Media Contacts:<\/b><\/p>\n<p><b><span class=\"xn-location\">London<\/span><br \/><\/b><span class=\"xn-person\">Alice Best<\/span><br \/>Elliott Advisors (UK) Limited<br \/>T: +44 203 009 1715<br \/><a href=\"mailto:abest@elliottadvisors.co.uk\" target=\"_blank\" rel=\"nofollow noopener\">abest@elliottadvisors.co.uk<\/a>&nbsp;<\/p>\n<p><b><span class=\"xn-location\">Tokyo<\/span><br \/><\/b>Brett Wallbutton<br \/>Ashton Consulting<br \/>T: +81 (0) 3 5425-7220<br \/><a href=\"mailto:b.wallbutton@ashton.jp\" target=\"_blank\" rel=\"nofollow noopener\">b.wallbutton@ashton.jp<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, Feb. 3, 2025 \/PRNewswire\/ &#8212; Elliott Investment Management,&nbsp;L.P. and Elliott Advisors (U.K.) Limited (&#8220;Elliott,&#8221; or &#8220;we&#8221;), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. (&#8220;Tokyo Gas&#8221; or &#8220;the Company&#8221;), today issued the following statement: &#8220;We welcome Tokyo Gas&#8217;s decision to expand its buyback program and implement additional measures [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-33602","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Elliott Statement on Tokyo Gas Co., Ltd. - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=33602\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elliott Statement on Tokyo Gas Co., Ltd. - My Blog\" \/>\n<meta property=\"og:description\" content=\"LONDON, Feb. 3, 2025 \/PRNewswire\/ &#8212; Elliott Investment Management,&nbsp;L.P. and Elliott Advisors (U.K.) Limited (&#8220;Elliott,&#8221; or &#8220;we&#8221;), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. (&#8220;Tokyo Gas&#8221; or &#8220;the Company&#8221;), today issued the following statement: &#8220;We welcome Tokyo Gas&#8217;s decision to expand its buyback program and implement additional measures [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=33602\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-02T22:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Elliott Statement on Tokyo Gas Co., Ltd.\",\"datePublished\":\"2025-02-02T22:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602\"},\"wordCount\":252,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnasia.com\\\/media2\\\/1179754\\\/Elliot_Logo.jpg?p=medium600\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602\",\"name\":\"Elliott Statement on Tokyo Gas Co., Ltd. - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnasia.com\\\/media2\\\/1179754\\\/Elliot_Logo.jpg?p=medium600\",\"datePublished\":\"2025-02-02T22:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnasia.com\\\/media2\\\/1179754\\\/Elliot_Logo.jpg?p=medium600\",\"contentUrl\":\"https:\\\/\\\/mma.prnasia.com\\\/media2\\\/1179754\\\/Elliot_Logo.jpg?p=medium600\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=33602#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elliott Statement on Tokyo Gas Co., Ltd.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Elliott Statement on Tokyo Gas Co., Ltd. - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=33602","og_locale":"en_US","og_type":"article","og_title":"Elliott Statement on Tokyo Gas Co., Ltd. - My Blog","og_description":"LONDON, Feb. 3, 2025 \/PRNewswire\/ &#8212; Elliott Investment Management,&nbsp;L.P. and Elliott Advisors (U.K.) Limited (&#8220;Elliott,&#8221; or &#8220;we&#8221;), which together advise funds that have a substantial investment in Tokyo Gas Co., Ltd. (&#8220;Tokyo Gas&#8221; or &#8220;the Company&#8221;), today issued the following statement: &#8220;We welcome Tokyo Gas&#8217;s decision to expand its buyback program and implement additional measures [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=33602","og_site_name":"My Blog","article_published_time":"2025-02-02T22:00:00+00:00","og_image":[{"url":"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600","type":"","width":"","height":""}],"author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=33602#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"Elliott Statement on Tokyo Gas Co., Ltd.","datePublished":"2025-02-02T22:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602"},"wordCount":252,"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600","articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=33602","url":"https:\/\/transmediavictoria.net.au\/?p=33602","name":"Elliott Statement on Tokyo Gas Co., Ltd. - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602#primaryimage"},"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600","datePublished":"2025-02-02T22:00:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=33602#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=33602"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/transmediavictoria.net.au\/?p=33602#primaryimage","url":"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600","contentUrl":"https:\/\/mma.prnasia.com\/media2\/1179754\/Elliot_Logo.jpg?p=medium600"},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=33602#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"Elliott Statement on Tokyo Gas Co., Ltd."}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/33602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33602"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/33602\/revisions"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}