Eneos Holdings

Last updated
ENEOS Holdings, Inc.
Native name
ENEOSホールディングス株式会社
Romanized name
ENEOSU Hōrudingusu kabushiki gaisha
Formerly
  • JX Holdings, Inc.
  • JXTG Holdings, Inc. (2017-2020)
Type Public ( Kabushiki gaisha )
TYO: 5020
NAG: 5020
Nikkei 225 component (TYO)
TOPIX Large70 component (TYO)
Industry Oil 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
RevenueIncrease2.svg JPY 011 trillion (2013) [1]
Decrease2.svg JPY 0251 billion (2013) [1]
Decrease2.svg JPY 0159 billion (2013) [1]
Total assets Increase2.svg JPY 7.27 trillion (2013) [1]
Total equity Increase2.svg JPY 2 trillion(2013) [1]
Number of employees
24,691 (2012) [2]
Subsidiaries
Website hd.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]

Final logo of TonenGeneral Sekiyu. Prior to its merger with JX, ExxonMobil had a 22% stake. TonenGeneral.svg
Final logo of TonenGeneral Sekiyu. Prior to its merger with JX, ExxonMobil had a 22% stake.

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.

Related Research Articles

Mobil American oil company

Mobil, previously known as the Socony-Vacuum Oil Company, is a major American oil company that merged with Exxon in 1999 to form a parent company called ExxonMobil. It was previously one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s until the 1970s. Today, Mobil continues as a major brand name within the combined company, as well as still being a gas station sometimes paired with its own store or On the Run. The former Mobil headquarters in Fairfax County, Virginia, was used as ExxonMobil's downstream headquarters until 2015 when ExxonMobil consolidated employees into a new corporate campus in Spring, Texas.

Nikkei 225 Japanese stock market index

The Nikkei 225, or the Nikkei Stock Average, more commonly called the Nikkei or the Nikkei index, is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the Nihon Keizai Shimbun newspaper since 1950. It is a price-weighted index, operating in the Japanese Yen (JP¥), and its components are reviewed once a year. The Nikkei measures the performance of 225 large, publicly owned companies in Japan from a wide array of industry sectors.

Mitsubishi Group of autonomous, Japanese multinational companies

The Mitsubishi Group is a group of autonomous Japanese multinational companies in a variety of industries.

Esso Oil and gas company

Esso is a trading name for ExxonMobil and its related companies. The company began as Standard Oil of New Jersey following the breakup of Standard Oil. In 1972, the name was largely replaced in the U.S. by the Exxon brand after the company bought Humble Oil, while the Esso name remained widely used elsewhere.

Tesoro Corporation American energy company

Tesoro Corporation, known briefly as Andeavor, was a Fortune 100 and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2017 annual revenues of $35 billion, and over 14,000 employees worldwide. Based on 2017 revenue, the company ranked No. 90 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

Total SE French multinational oil and gas company

Total SE is a French multinational integrated oil and gas company founded in 1924 and one of the seven "supermajor" oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large scale chemicals manufacturer.

Repsol

Repsol S.A. is a Spanish energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2020 Forbes Global 2000, Repsol was ranked as the 645th-largest public company in the world. It has more than 24,000 employees worldwide. It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.

Petronas Malaysian state-owned oil company

Petroliam Nasional Berhad, commonly known as Petronas, is a Malaysian oil and gas company. Established in 1974 and wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and adding value to these resources. Petronas is ranked among Fortune Global 500's largest corporations in the world. In the 2017 Forbes Global 2000, Petronas Gas was ranked as the 1881st largest public company in the world.

Marathon Petroleum American petroleum refining, marketing, and transportation company

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.

Sinopec Chinese oil and gas enterprise

China Petroleum & Chemical Corporation (中国石油化工股份有限公司), or Sinopec, is a Chinese oil and gas enterprise based in Beijing. It is listed in Hong Kong and also trades in Shanghai and New York.

Eneos Oil companies of Japan

ENEOS Corporation, formerly JXTG Nippon Oil & Energy Corporation, or NOC or Shin-Nisseki (新日石) is a Japanese petroleum company. Its businesses include the exploration, importation, and refining of crude oil; the manufacture and sale of petroleum products, including fuels and lubricants; and other energy-related activities. It is the largest oil company in Japan, and in recent years it has been expanding its operations in other countries.

Nissan Group, or formerly Nissan zaibatsu, was one of Japan's most powerful business groupings. Founded in 1928 by Yoshisuke Aikawa, the group was originally a holding company created as an offshoot of Kuhara Mining Co.(became Nippon Mining & Metals Company; currently part of JXTG Holdings), which Aikawa had taken over as president of from his brother-in-law, Fusanosuke Kuhara. After the bankruptcy of the Kuhara zaibatsu following World War I, Aikawa reorganized its assets into Japan Industries or Nihon Sangyo Corporation, Nissan for short.

Japan Energy Corporation was a Japanese petroleum company, a wholly owned subsidiary of Nippon Mining Holdings. The petroleum products of Japan Energy Corporation were sold by filling stations under the brand name JOMO.

KazMunayGas

KazMunayGas (KMG) is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging Kazakhoil and Oil and Gas Transportation.

Cosmo Oil Company

Cosmo Oil Company, Limited is a Japanese petrochemical company. It is Japan's third-biggest refiner by sales after JX Holdings and Idemitsu Kosan.

Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon and Mobil. ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporated in New Jersey.

Idemitsu Kosan

The Idemitsu Kosan Company, Ltd. is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, and also operates gas stations under the apollostation brand and in its own Idemitsu and Shell brands, the latter under license of Royal Dutch Shell.

References

  1. 1 2 3 4 5 "2013 Annual Report" (PDF). JX Holdings. 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.