is a Japanese petroleum and metals
conglomerate
Conglomerate or conglomeration may refer to:
* Conglomerate (company)
* Conglomerate (geology)
* Conglomerate (mathematics)
In popular culture:
* The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes
** ...
headquartered in
Tokyo
Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, with an estimated 37.46 ...
, Japan. In 2012 the
multinational corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...
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
The is a group of autonomous Japanese multinational companies in a variety of industries.
Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 ...
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
, formerly , or NOC or ''Shin-Nisseki'' (新日石) is a Japanese petroleum company. Its businesses include exploration, importation, and refining of crude oil; the manufacture and sale of petroleum products, including fuels and lubricants; and ...
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:
*
JXTG Nippon Oil & Energy - petroleum refining and marketing
*
JX Nippon Oil & Gas Exploration - oil and natural gas exploration and production
*
JX Nippon Mining & Metals - mining and metal
100px, Final logo of TonenGeneral Sekiyu. Prior to its merger with JX, had a 22% stake.">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.
References
Companies listed on the Tokyo Stock Exchange
Companies listed on the Nagoya Stock Exchange
Automotive companies based in Tokyo
Chemical companies based in Tokyo
Conglomerate companies based in Tokyo
Holding companies based in Tokyo
Manufacturing companies based in Tokyo
Oil companies based in Tokyo
Conglomerate companies established in 1888
Automotive fuel retailers
Mitsubishi companies
Japanese companies established in 1888
2017 mergers and acquisitions
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