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showa shell sekiyu kk (5002) Snapshot

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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 manufactures and sells gasoline, naphtha, kerosene, diesel oil, fuel oil, lubricants, liquefied petroleum gas, asphalt, chemicals, bitumen, and other petrochemical products. This segment sells its products through its contract dealers to customers at service stations; and to industrial users in the manufacturing, transportation, electric power generation, agriculture, forestry, fishing, air travel, and shipping industries. As of December 31, 2013, it operated approximately 3,460 service stations in Japan. The Energy Solution Business segment manufactures and sells CIS thin-film solar cells modules; and operates natural gas-fired power plants, as well as engaged in the wholesale and retail sale of electricity. It also develops, constructs, operates, and provides maintenance for mega solar systems, as well as operates power plants that use byproducts from the petroleum refining process as fuel. This segment sells its products through sales agents and home builders. 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. Showa Shell Sekiyu K.K. was founded in 1985 and is headquartered in Tokyo, Japan.

6,039 Employees
Last Reported Date: 03/27/15
Founded in 1985

showa shell sekiyu kk (5002) Top Compensated Officers

Chief Financial Officer and Representative Di...
Total Annual Compensation: ¥137.0M
Compensation as of Fiscal Year 2014.

showa shell sekiyu kk (5002) Key Developments

Cosmo Oil Co., Ltd., Showa Shell Sekiyu K.K., Sumitomo Corporation, and TonenGeneral Sekiyu K.K. Announce Establishment of New Company, Gyxis Corporation

Cosmo Oil Co. Ltd., Showa Shell Sekiyu K.K., Sumitomo Corporation, and TonenGeneral Sekiyu K.K. announced the name, corporate logo and corporate organization of a new company to be established on April 1, 2015. The formation of the new company follows the conclusion of an agreement among the above four companies on August 5, 2014, for the integration of their LP gas import and wholesale businesses, and the subsequent conclusion of an absorption-type spin-off agreement on December 18, 2014, between each of the four companies and Cosmo Petroleum Gas Co. Ltd., a wholly owned subsidiary of Cosmo Oil Co. Ltd., in preparation for the integration of their LP gas import and wholesale operations. The new name of the company is Gyxis Corporation with its head office at Mita-Bellju Building, 5-36-7 Shiba, Minato-ku, Tokyo 108-0014, Japan. The new company will be involved in nanufacture, storage, transport, sale and import/export of LP gas business with a fiscal year end of December. The capital for the new company is JPY 11 billion. Cosmo Oil Co. Ltd. holds 25% of ownership, Showa Shell Sekiyu K.K. holds 25% of ownership, Sumitomo Corporation holds 25% of ownership and TonenGeneral Sekiyu K.K. holds 25% of ownership.

Showa Shell Sekiyu K.K., Annual General Meeting, Mar 26, 2015

Showa Shell Sekiyu K.K., Annual General Meeting, Mar 26, 2015.

Showa Shell Announces Management Changes

Showa Shell announced that its chairman and CEO Shigeya Kato will step down next month, with the current chief operating officer, Tsuyoshi Kameoka, expected to be named as his successor in a slightly changed role as president and CEO. Kato will continue to advise the company. The company's board of directors will vote on the management changes March 26, 2015.


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Cosmo Oil Co Ltd ¥177.00 JPY -1.00
Exxon Mobil Corp $89.11 USD +0.26
Idemitsu Kosan Co Ltd ¥2,340 JPY +16.00
JX Holdings Inc ¥521.70 JPY -1.00
TonenGeneral Sekiyu KK ¥1,149 JPY 0.00
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