Tokyo Gas Co., Japan’s largest gas distributor, plans to invest in U.S. downstream energy assets to increase earnings and strengthen the final stage of its supply chain, President Shinichi Sasayama said.

The company is targeting investments in liquefaction plants, export terminals, and the energy services sector. “We’ve already invested in midstream and downstream areas such as marketing and trading, and we intend to raise profitability,” Sasayama told reporters in an interview.

The move reflects Tokyo Gas’s strategy to expand its global footprint and capture higher returns in downstream operations, complementing its existing domestic and international energy portfolio.