March 24, 2017 4:51 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Taiyo Oil Company, Limited.

Company Overview

Taiyo Oil Company, Limited. imports, exports, refines, and markets petroleum products. It also manufactures, processes, and sells petrochemical-based products, including benzene and xylene. In addition, the company offers exploration, development, and extraction of oil, natural gas, and other hydrocarbons. Taiyo Oil Company, Limited. was founded in 1941 and is based in Tokyo, Japan. The company has operations in Shikoku and Yamaguchi, Japan; Higashinihon, Nakanihon, Chugoku, Kyusyu, and Shikoku, Japan; and a sales office in Chubu.

15F Hibiya Kokusai Bldg

2-2-3 Uchisaiwai-cho

Chiyoda-ku

Tokyo,  100-0011

Japan

Founded in 1941

Phone:

81 3 3502 1601

Key Executives for Taiyo Oil Company, Limited.

Chief Executive Officer, President and Member of the Board
Chief Operating Officer, Senior Executive Vice President and Member of the Board
Executive Vice President and Member of the Board
Senior Vice President and Member of the Board
Senior Vice President and Member of the Board
Compensation as of Fiscal Year 2016.

Taiyo Oil Company, Limited. Key Developments

Solar Frontier K.K., Development Bank of Japan and Taiyo Oil Company to Collaborate on 16.5MW Solar Power Project

Solar Frontier K.K., the Development Bank of Japan, and Taiyo Oil Company have reached a general agreement to collaborate on a 16.5MW solar power project in Yamaguchi Prefecture, Japan. The three companies have established a joint company, SDT Solar Power, to develop and manage this project. SDT Solar Power is now initiating work on the project. Construction of the solar power plant is scheduled to begin in the summer of 2016 and operation is targeted to begin in 2017. It is expected to produce about 20,000,000 kilowatt-hours per year, equivalent to the annual electricity consumption of 3,880 average households in Japan, as well as displace CO2 emissions by about 10,500 tons per year. For this project, Solar Frontier is supplying its CIS modules, which yield more energy (kilowatt-hours per kilowatt-peak) in real-world environments than crystalline silicon modules. Once the new solar power plant is operational, Solar Frontier's experienced specialist team will also provide Operation & Maintenance services, one of Solar Frontier's value-added services. DBJ is directly investing in the project utilizing its "Special Investment Operations", Established in 2015, this measure aims to contribute to regional economic revitalization and reinforce corporate competitiveness. Additionally, DBJ is inviting financial institutions to support raising funds by project financing. Taiyo Oil Company will lease its land for this project in addition to participating in the management of the joint company. Taiyo Oil Company is currently developing new businesses under its Medium-Term Management Plan, which includes solar energy. By working together to advance this project, Solar Frontier, DBJ and Taiyo Oil Company are contributing to the growth of clean, renewable energy in Japan.

Taiyo Oil Company, Limited. Announces Consolidated Earnings Results for the Year Ended March 31, 2015

Taiyo Oil Company, Limited. announced consolidated earnings results for the year ended March 31, 2015. For the year, the company reported consolidated net loss of JPY 13 billion, compared to a consolidated net income of JPY 4.7 billion for the year ended March 31, 2014. Consolidated ordinary loss for the year ended March 31, 2015 was JPY 20.3 billion, compared to a consolidated ordinary income of JPY 7.7 billion for the year ended March 31, 2014. Sales for the year ended March 31, 2015 were JPY 651.2 billion, compared to JPY 855 billion for the year ended March 31, 2014. Operating loss for the year ended March 31, 2015 was JPY 206 billion, compared to an operating income of JPY 104 billion for the year ended March 31, 2014.

Similar Private Companies By Industry

Company Name Region
Absorption Technology Industries Ltd. Asia
ASAHIKAWA GAS Co., Ltd Asia
DAINEN Co., Ltd. Asia
Daini Asia
Eco ERC Co., Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 17, 2016
Nansei Sekiyu K.K.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Taiyo Oil Company, Limited., please visit www.taiyooil.net. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.