Idemitsu Kosan

Idemitsu Kosan Co., Ltd.
Idemitsu Showa Shell
Native name
出光興産株式会社
Idemitsu Kōsan kabushiki gaisha
Company typePublic KK
TYO: 5019
Nikkei 225 component
IndustryOil and gas
FoundedJune 20, 1911 (1911-06-20)[1]
FounderSazō Idemitsu
HeadquartersOtemachi One Tower, Chiyoda, Tokyo, Japan
Key people
Takashi Tsukioka
(Chairman)
Tsuyoshi Kameoka
(Vice Chairman)
Shunichi Kito
(President)
Products
RevenueIncrease US$38.58 billion (2014)
Owner
  • Idemitsu family (15.72%)
  • Saudi Aramco (Aramco Overseas Company bv) (7.65%)
Number of employees
7,503 (2008)[2]
Websitewww.idemitsu.com

Idemitsu Kosan Co., Ltd. (出光興産株式会社, Idemitsu Kōsan kabushiki gaisha, stylized in logo as idemitsu) is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products,[3] and also operates gas stations under the apollostation[a] brand and until 2023, in its own Idemitsu and Shell brands; the Shell brand being used under the license of Royal Dutch Shell.

Idemitsu is the second largest petroleum refiner in Japan, after Eneos.[4] It was ranked as the 262nd largest company in the world by revenue in Fortune Global 500 (2008).[2] It is number 26 in petroleum refining.[5] Idemitsu Kosan is listed in the First Section of the Tokyo Stock Exchange and, since absorbing Showa Shell Sekiyu in 2019, is a constituent of the Nikkei 225 index; however, it is not a constituent of the TOPIX 100 index (instead, it is a constituent of the TOPIX Mid400 index).[6]

  1. ^ "Company profile - Idemitsu Kosan". Idemitsu official website. Archived from the original on 2008-06-17. Retrieved 2008-11-13.
  2. ^ a b "Global 500 2008: Idemitsu Kosan". Fortune Global 500. Fortune Magazine. July 21, 2008. Retrieved 2008-11-13.
  3. ^ "Stock quote". Bloomberg. Retrieved 2008-11-13.
  4. ^ Cite error: The named reference IPO2 was invoked but never defined (see the help page).
  5. ^ "Global 500 2008: Industry: Petroleum Refining". Fortune Global 500. Fortune Magazine. July 21, 2008. Retrieved 2008-11-13.
  6. ^ "Constituent Changes TOPIX New Index Series" (PDF). Japan Exchange Group. 7 October 2019. Retrieved 23 February 2020.


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