|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,511 JPY | +0.75% |
|
-1.51% | +8.43% |
| May. 01 | For Japan Inc, the weak yen may be too much of a good thing | RE |
| Apr. 25 | Nikkei says Soros Fund Among Investors In Japan Electricity Exchange Startup | RE |
TOKYO (Reuters) - Tokyo Gas said on Wednesday it would invest about 20 billion yen ($193 million) in British retail energy firm Octopus Energy and that they would form a joint venture in Japan to supply power to retail customers.
By joining up with Octopus Energy, a fast-growing start-up supplier in home country Britain thanks to its digital technology, Tokyo Gas aims to grab a bigger slice of Japan's electricity market, an official at the Japanese firm said.
Tokyo Gas and Octopus Energy plan to set up the joint venture in Japan in February, and start providing services in autumn 2021.
($1 = 103.4600 yen)
(Reporting by Yuka Obayashi; Editing by Tom Hogue)
| 1st Jan change | Capi. | |
|---|---|---|
| +8.43% | 8.96B | |
| -7.93% | 25.24B | |
| +3.27% | 18.06B | |
| +19.06% | 15.23B | |
| -12.12% | 11.58B | |
| +21.36% | 9.26B | |
| +4.94% | 7.62B | |
| +2.81% | 7.37B | |
| +9.27% | 6.57B | |
| +5.19% | 5.28B |
TOKYO GAS CO., LTD. 