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showa shell sekiyu kk (5002) Details

Showa Shell Sekiyu K.K., an energy company, refines and sells oil products worldwide. The company operates through two segments, Oil Business and Energy Solution Business. The Oil Business segment engages in the sale of gasoline, diesel, kerosene, and automotive lubricants for service stations; fuel for jets and vessels; and diesel, kerosene, fuel oil, LNG, and industrial lubricants for industry, as well as propane gas for homes, auto gas for automobiles, and butane gas for industrial use. This segment is also involved in the production and sale of lubricants and greases; bitumen for road paving and as compounds for construction material products; and mixed xylene, benzene, and propylene, as well as refining and export of oil products primarily diesel. As of December 31, 2015, it operated approximately 3,212 service stations in Japan. The Energy Solution Business segment manufactures and sells CIS solar panels and systems; produces and supplies electric power; and engages in wholesale and retail sale of electric power, as well as provides services, including development, building, operating, and maintenance of solar power plant. The company is also involved in the shipping operations; design and construction of oil-related industrial facilities and service stations; manufacture, sale, and installation of waterproofing materials; sale of automobile parts, and residential and office automation equipment; lease of equipment; operation of depots; city gas business; construction related to high pressure gas and oil; and shipping brokerage activities, as well as operates as an insurance agent. The company was formerly known as Rising Sun Petroleum Co. Ltd. and changed its name to Showa Shell Sekiyu K.K. in 1948. Showa Shell Sekiyu K.K. was founded in 1985 and is headquartered in Tokyo, Japan.

4,765 Employees
Last Reported Date: 03/29/16
Founded in 1985

showa shell sekiyu kk (5002) Top Compensated Officers

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showa shell sekiyu kk (5002) Key Developments

Idemitsu And Showa Merger Talks Postponed Till April 2017

Idemitsu Kosan Co. Ltd. (TSE:5019) has decided to postpone its merger talks with Showa Shell Sekiyu K.K. (TSE:5002) until April 2017. The founding family of Idemitsu has refused to discuss the merger talks on which Idemitsu Chief Executive Officer, Takashi Tsukioka told reporters, "It pains me to say this to Chairman Emeritus Shosuke Idemitsu, but the interests of our stakeholders are at risk," announcing the delay.

Showa Shell Sekiyu K.K. Presents at Mizuho Investment Conference - Tokyo, Sep-12-2016

Showa Shell Sekiyu K.K. Presents at Mizuho Investment Conference - Tokyo, Sep-12-2016 . Venue: Prince Park Tower Hotel, 4-8-1, Shibakoen, Minato-ku, Tokyo 105-8563, Japan.

Idemitsu Kosan Considers To Acquire Minority Stake In Showa Shell

Idemitsu Kosan Co.(TSE:5019) is considering acquiring a smaller stake in Showa Shell Sekiyu K.K. (TSE:5002) than the initially planned 33.3%, Idemitsu aims to acquire Showa Shell shares from Anglo-Dutch oil giant Royal Dutch Shell plc (ENXTAM:RDSA) in September and eventually merge with Showa Shell in April, 2017, according to sources familiar with the matter.


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