Eneos Holdings

Summary

ENEOS Holdings, Inc.
Native name
ENEOSホールディングス株式会社
ENEOSU Hōrudingusu kabushiki gaisha
Formerly
  • JX Holdings, Inc.
  • JXTG Holdings, Inc. (2017-2020)
TypePublic (Kabushiki gaisha)
TYO: 5020
NAG: 5020
Nikkei 225 component (TYO)
TOPIX Large70 component (TYO)
IndustryOil and gas
Mining and metals
Predecessors
  • Nippon Oil Company, Ltd. (Nisseki, a Caltex affiliate until the 1990s)
  • Mitsubishi Oil Company, Ltd.
  • Kyushu Oil Company, Ltd.
  • Nippon Mitsubishi Oil Corporation (Nisseki Mitsubishi), later Nippon Oil Corporation (Shin-Nisseki)
  • Nippon Mining Company, Ltd.
  • Kyodo Oil Company, Ltd. (Kyoseki)
  • Japan Energy Corporation
  • Nippon Mining Holdings, Inc.
  • Toa Nenryo Kogyo KK, later Tonen KK
  • Tonen Sekiyu Kagaku KK
  • General Bussan KK, later General Sekiyu KK (a Mitsui & Co. spinoff)
  • Mitsui Oil Supply Company, Ltd., later Mitsui Oil Company, Ltd. (1961 Mitsui & Co. subsidiary)
  • Esso Standard Sekiyu KK, later Esso Sekiyu KK
  • Mobil Sekiyu KK
  • EMG Marketing GK (ExxonMobil)
  • TonenGeneral Sekiyu KK
FoundedApril 1, 2010 (2010-04-01)
Headquarters,
Japan
Area served
Worldwide
Key people
Isao Matsushita (President)
Products
RevenueIncrease JPY 011 trillion (2013)[1]
Decrease JPY 0251 billion (2013)[1]
Decrease JPY 0159 billion (2013)[1]
Total assetsIncrease JPY 7.27 trillion (2013)[1]
Total equityIncrease JPY 2 trillion(2013)[1]
Number of employees
24,691 (2012)[2]
Subsidiaries
  • Eneos
  • JX Nippon Mining & Metals
  • JX Nippon Oil & Gas Exploration
Websitehd.eneos.co.jp (en)

ENEOS Holdings, Inc. (ENEOSホールディングス株式会社) is a Japanese petroleum and metals conglomerate headquartered in Tokyo, Japan. In 2012 the multinational corporation consisted of 24,691 employees worldwide and, as of March 2013, JX Holdings was the forty-third largest company in the world by revenue. It is one of the core companies of the Mitsubishi Group through its predecessor (the original Nippon Oil Company)'s merger with Mitsubishi Oil.

Establishment

JXTG Holdings was established on April 1, 2010, through the joint share transfer by Nippon Oil Corporation and Nippon Mining Holdings, Inc. On July 1, 2010, all the businesses of both Group Companies were integrated and reorganized under JX Holdings, resulting in the incorporation of three core business companies:[3]

  • JXTG Nippon Oil & Energy - petroleum refining and marketing
  • JX Nippon Oil & Gas Exploration - oil and natural gas exploration and production
  • JX Nippon Mining & Metals - mining and metal
Final logo of TonenGeneral Sekiyu. Prior to its merger with JX, ExxonMobil had a 22% stake.[4][5]

In April 2017, JX Holdings and TonenGeneral Sekiyu K.K. merged to form JXTG Holdings. JXTG Holdings was renamed in June 2020 to ENEOS Holdings.

References

  1. ^ a b c d e "2013 Annual Report" (PDF). JX Holdings. Archived from the original (PDF) on March 4, 2016. Retrieved May 16, 2014.
  2. ^ "Global 500, JX Holdings". CNN Money. October 9, 2013.
  3. ^ "Establishment of the JX Group". JX Holdings. Retrieved October 10, 2013.
  4. ^ "Exxon in Talks to Restructure Stake in Japan Refining Unit". January 5, 2012. Archived from the original on January 24, 2016. Retrieved March 6, 2017.
  5. ^ Okada, Yuji; Adelman, Jacob (January 30, 2012). "TonenGeneral to Buy Exxon Japan Refining, Marketing Unit for $3.9 Billion". Bloomberg. Archived from the original on January 24, 2016. Retrieved January 30, 2012.