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tonengeneral sekiyu kk (5012) Details

TonenGeneral Sekiyu K.K., together with its subsidiaries, engages in importing, shipping, refining, and marketing of crude oil, petroleum products, chemical products, and related products in Japan and Internationally. The company operates through Oil and Chemical segments. Its oil products include gasoline, naphtha, jet fuel, kerosene, diesel fuel, fuel oils, LPG, base oil/specialties, petrochemicals, etc., as well as automotive, industrial, aviation, and marine lubricants. The company also offers basic chemicals, which include olefins comprising ethylene, propylene, butadiene, etc., which are the building blocks of chemical materials used in aircraft and automobile parts, electric and electronic components, food packaging, and household items; and aromatics consisting of paraxylene, ortho-xylene, benzene, etc. that are used in polyester fiber, plastic bottles, and nylon fiber. It is also involved in the manufacture and sale of hydrogenated and non-hydrogenated hydrocarbon resins for a range of applications, including industrial adhesives, high-performance tapes, fuel-efficient tires, and disposable diapers; and methyl ethyl ketone, a soluble and functional chemical, which is used in solvents for paint and printing ink, resin treatment for electronic components, film molding for optical panels, and chemical process solvents. In addition, it is involved in the operation of retail stores under the brand names of Esso, Mobil, and General, as well as Express; marine transportation of crude oils and petroleum products; and purchase and sale of LNG and bio-fuels. The company is headquartered in Tokyo, Japan.

3,512 Employees
Last Reported Date: 03/25/15

tonengeneral sekiyu kk (5012) Top Compensated Officers

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tonengeneral sekiyu kk (5012) Key Developments

Kansai Electric Power Co. and TonenGeneral Sekiyu K.K. Plans to Build Large Thermal Power Plant in Chiba Prefecture

Kansai Electric Power Co. and TonenGeneral Sekiyu K.K. plan to jointly build a large, one-million-kilowatt-level coal-fired thermal power plant in Chiba Prefecture, east of Tokyo. Kansai Electric finds it necessary to build its first power plant in the Tokyo area in light of expected harsher competition after Japan's full liberalization of power retailing in April 2016. The project is expected to cost several hundred billion yen. The plant is to start operations in the middle of the 2020. Kanden Energy Solution Co. and TonenGeneral will set up a special-purpose company for the project. The SPC plans to build the power plant within the premises in Ichihara, Chiba Prefecture, of a refinery plant of a TonenGeneral group firm. The start of environmental assessment work is eyed for the current business year.

TonenGeneral Sekiyu k.k. Reports Consolidated Earnings Results for the Year 2014

TonenGeneral Sekiyu k.k. reported consolidated earnings results for the year 2014. For the year, the company reported net sales of JPY 3,451.1 billion, an increase of JPY 209.9 billion or 6.5% versus the previous year sales of JPY 3,241,150 million, primarily due to the inclusion of MOC Marketing G.K. (previously, Mitsui Oil Co. Ltd.), as a consolidated subsidiary. Net loss per share was JPY 38.36 against net income per share of JPY 62.84 a year ago.

TonenGeneral Sekiyu k.k., Board Meeting, Aug 14, 2014

TonenGeneral Sekiyu k.k., Board Meeting, Aug 14, 2014. Agenda: To consider the interim dividend of JPY 19 per share.

 

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