Tag - idemitsu

 
 

IDEMITSU

Oil storage tanks in the Keihin industrial area in Kanagawa Prefecture. Japan relies on the Middle East for over 95% of its oil.
BUSINESS / Economy / FOCUS
Oct 17, 2023
Japan still relies on Middle East oil 50 years on from crisis
Japan's alternative oil suppliers, such as Indonesia, have seen their ability to export reduced by their own economic growth.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023
Toyota and Idemitsu to mass-produce all-solid-state batteries
Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
Japan Times
BUSINESS / Companies
Feb 14, 2023
Japan's Idemitsu Kosan cuts full-year forecast on lower oil prices
The revision follows a similar step by Japan"s top refiner Eneos Holdings, which last week slashed its full-year net profit forecast down by 58%.
Japan Times
BUSINESS / Economy
Dec 20, 2022
Japan sounds out refiners on buying Russian oil from Sakhalin-2, sources say
The Sakhalin Island complex, partly owned by Gazprom and Japanese companies, is vital to Japan's energy security as it accounts for 9% of the country's liquefied natural gas imports.
Japan Times
BUSINESS / Companies
Dec 16, 2022
Coal’s surge won’t stop Idemitsu selling Australian mine stake
The firm is in talks with several entities interested in acquiring its 85% stake in the Ensham mine in Queensland, said President Shunichi Kito.
Japan Times
BUSINESS / Companies
Mar 24, 2022
Top Japan refiners Eneos and Idemitsu latest to shun Russian crude oil supplies
Breaking ties is particularly challenging for Japan, which imports almost all of its fossil fuels and has already been grappling with soaring commodities prices.
Japan Times
BUSINESS / Companies
Aug 19, 2021
UAE sells another blue ammonia shipment to Japan in push toward hydrogen
Seen as crucial to the future of global energy, blue ammonia is made from hydrogen and emits only water vapor when burned.
Japan Times
BUSINESS / Companies
Feb 14, 2021
Idemitsu plans to sell electric vehicles this year, report says
Oil refiner Idemitsu Kosan Co. plans to market an electric vehicle this year, making it the first non-automaker in the country to step into the market, the Nikkei newspaper reported.
Japan Times
BUSINESS / Companies
Dec 10, 2019
Idemitsu to unify gas station branding with Showa Shell to take on JXTG
Idemitsu Kosan Co. aims to unify its gas station branding with that of Showa Shell Sekiyu K.K. after the business integration of the two major oil wholesalers in April, according to Idemitsu Kosan President Shunichi Kito.
Japan Times
BUSINESS / Companies
Apr 1, 2019
New Japanese oil giant created with Idemitsu-Showa Shell merger
Idemitsu Kosan Co., Japan's second-largest oil wholesaler, and fourth-ranked Showa Shell Sekiyu K.K. merged Monday, creating a new oil giant to better compete in increasingly challenging market conditions amid falling demand for gasoline.
Japan Times
BUSINESS / Companies
Dec 18, 2018
Idemitsu-Showa Shell merger gets shareholder approval in last hurdle for long-delayed plan
Major refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. each won approval from their shareholders Tuesday for their long-delayed merger plan, clearing the last hurdle for the April creation of a new oil industry giant.
Japan Times
BUSINESS / Companies
Dec 12, 2018
Idemitsu and Showa Shell merger gets approval from antitrust regulators at home and abroad
Major oil refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. said Wednesday their planned merger has been approved by all relevant antitrust authorities at home and abroad, moving them closer to consolidation on April 1.
Japan Times
BUSINESS / Companies
Oct 16, 2018
Idemitsu chief Shunichi Kito to head new firm after merger with rival Showa Shell
The company to be formed through a merger between major oil refiners Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. will be led by Idemitsu President Shunichi Kito, company sources said Tuesday.
Japan Times
CULTURE / Art
Oct 2, 2018
A master of Zen wisdom and dad jokes
If you are an older chubby man with a receding hairline and facing nothing but a decline into old age and death, there's always the work of Zen monk Sengai Gibon (1750-1837) to fall back on.
Japan Times
BUSINESS / Companies
Jul 17, 2018
Yoshiaki Murakami, once the scourge of Japan's boardrooms, turns peacemaker with big Idemitsu-Showa Shell Sekiyu win
Yoshiaki Murakami, who once struck fear into Japan's boardrooms and split public opinion with bitter activist battles, is now enjoying rare acclaim from executives and being praised as a peacemaker.
Japan Times
BUSINESS / Companies
Jul 10, 2018
Japanese refiner Idemitsu wins family backing for Showa Shell merger
The two oil refiners said Tuesday they have agreed to merge April 1, after Idemitsuu2019s founding family dropped its long-standing opposition to the plan.
Japan Times
BUSINESS / Companies
Dec 20, 2017
Japan's Idemitsu and Showa Shell to merge key operations next spring
Japanese refiners Idemitsu Kosan Co. Ltd. and Showa Shell Sekiyu K.K. will combine management of their key businesses, an Idemitsu spokesman has said, pursuing a merger bitterly opposed by a core investor — Idemitsu's founding family.
Japan Times
BUSINESS / Companies
Jul 18, 2017
Court OKs Idemitsu share offering in step forward for merger plan
A Tokyo court on Tuesday approved Idemitsu Kosan Co.'s plan to issue new shares for a public offering, a decision that could propel the oil distributor's stalled plan to merge with Showa Shell Sekiyu K.K.
Japan Times
BUSINESS
Jun 29, 2017
Fewer shareholders meetings held on traditional peak day at government behest
A third of the nation's listed companies held their annual shareholders meetings on the peak day Thursday, but the ratio was the lowest ever amid government calls to spread the gatherings apart to promote greater investor participation.
Japan Times
CULTURE / Art
Jan 3, 2017
'50th Anniversary Exhibition: Iwasa Matabei and Genji-e — Challenging the Classics'
Jan. 8-Feb. 5

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