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Idemitsu
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 brand and (until 2023) in its own ''Idemitsu'' and ''Shell'' brands, the latter under license from Royal Dutch Shell. Idemitsu is the second largest petroleum refiner in Japan, after Eneos. It was ranked as the 262nd largest company in the world by revenue in Fortune Global 500 (2008). It is number 26 in petroleum refining. 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). History Early 20th century Sazō Idemitsu founded in 1911, selling lubricant oil for Nippon Oil in Moji, northern Kyushu. He expanded to selling fuel oil for fishing boats in Shimonoseki.''Intern ...
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Sazō Idemitsu
was a Japanese businessman and founder of the petroleum company Idemitsu Kosan.'' International Directory of Company Histories'' , Vol. 49. St. James Press, 2003 as quoted on and He was also an art collector, especially fond of Sengai Gibon. He is the father of the Japanese experimental video artist, Mako Idemitsu. See also * Idemitsu Kosan * Idemitsu Museum of Arts is an art museum located in the . History The museum was founded in 1966 and is administered as an incorporated foundation of . In 2000, , a branch of the museum, opened in , in . Collection The museum maintains a permanent collection cons ... References 20th-century Japanese businesspeople Businesspeople in the oil industry Japanese philanthropists Museum founders Japanese art collectors People from Fukuoka Prefecture 1885 births 1981 deaths Kobe University alumni {{Japan-business-bio-stub ...
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Showa Shell Sekiyu
was a Japanese company that operated as a subsidiary of Royal Dutch Shell until it was acquired by Idemitsu Kosan in 2018 and integrated into the company the following year. It was formed by the merger of Showa Oil Company and Shell Sekiyu which was begun around 1876 in Yokohama by Samuel Samuel & Co, the predecessor of Shell Group today. Showa Shell Sekiyu acted as an oil and energy products business in Japan and worldwide, from crude oil extraction and refining, to retail and wholesale energy supply operations. History Origins In 1900, Samuel Samuel & Co, which had started in Japan in 1876 by Samuel Samuel as an international trading business in Yokohama, created an independent petroleum division. It subsequently set up Rising Sun Petroleum Co. Ltd (which later became Shell Petroleum) to expand its distribution channels of candles and kerosene for lamps. Before long, Samuel Samuel & Co, which expanded as Shell Transport, merged with Royal Dutch to form Royal Dutch/Shell. ...
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Gas Station
A filling station, also known as a gas station () or petrol station (), is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline (or petrol) and diesel fuel. Gasoline pumps are used to pump gasoline, diesel, compressed natural gas, CGH2, HCNG, Liquefied petroleum gas, LPG, liquid hydrogen, kerosene, alcohol fuel (like methanol, ethanol, butanol, propanol), biofuels (like straight vegetable oil, biodiesel), or other types of fuel into the tanks within vehicles and calculate the financial cost of the fuel transferred to the vehicle. Besides gasoline pumps, one other significant device which is also found in filling stations and can refuel certain (compressed-air) vehicles is an air compressor, although generally these are just used to inflate car tires. Many filling stations provide convenience stores, which may sell confections, alcoholic beverages, tobacco products, lottery tickets, soft drinks, s ...
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Nikkei 225
The Nikkei 225, or , 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'' (''The Nikkei'') 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. Another major index for the Tokyo Stock Exchange is the Tokyo Stock Price Index (TOPIX). History The Nikkei 225 began to be calculated on , retroactively calculated back to May 16th 1949, when the average price of its component stocks was 176.21 yen. Since January 2010, the index is updated every 15 seconds during trading sessions. The Nikkei 225 Futures, introduced at Singapore Exchange (SGX) in 1986, the Osaka Securities Exchange (OSE) in 1988, Chicago Mercantile Exchange (CME) in 1990, i ...
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Kitakyūshū
is a city located in Fukuoka Prefecture, Japan. As of June 1, 2019, Kitakyushu has an estimated population of 940,978, making it the second-largest city in both Fukuoka Prefecture and the island of Kyushu after the city of Fukuoka. It is one of Japan's 20 designated cities, one of three on Kyushu, and is divided into seven wards. Kitakyushu was formed in 1963 from a merger of municipalities centered on the historic city of Kokura, and its name literally means "North Kyushu City" in Japanese. It is located at the northernmost point of Kyushu on the Kanmon Straits, separating the island from Honshu, across from the city of Shimonoseki. Kitakyushu and Shimonoseki are connected by numerous transport links including the Kanmon Bridge and the Kanmon Tunnels. Kitakyushu's Urban Employment Area forms part of the Fukuoka-Kitakyushu Greater Metropolitan Region, which, with a population of 5,738,977 (2005-2006), is the largest metropolitan area in Japan west of the Keihanshin regio ...
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TOPIX
, commonly known as TOPIX, along with the Nikkei 225, is an important stock market index for the Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ... (TSE) in Japan, tracking all domestic companies of the exchange's Prime market division. It is calculated and published by the TSE. , there were 1,669 companies listed on the First Section of the TSE, and the market value for the index was ¥197.4 trillion. TOPIX facts via Wikinvest The index transitioned from a system where a company's weighting is based on the total number of shares outstanding to a weighting based on the number of shares available for trading (called the free float). This transition took place in three phases starting in October 2005 and was completed in June 2006. Although the change is a te ...
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Japan Exchange Group
, abbreviated as JPX or Nippon Torihikijo, is a Japanese " financial instruments exchange holding company" subject to the regulations of the Financial Instruments and Exchange Act enforced by the Financial Services Agency. JPX owns three licensed "financial instruments exchange" corporations: Tokyo Stock Exchange, Inc. (TSE), Osaka Exchange, Inc. (OSE), and Tokyo Commodity Exchange, Inc. (TOCOM). It was formed by the merger of TSE and OSE on January 1, 2013. As a result of this merger and market reorganization, TSE became the sole securities exchange of JPX and OSE became the largest derivatives exchange of JPX. In 2019, JPX acquired TOCOM to expand derivatives trading business in the commodity market. It also has an IT services and research arm, JPX Market Innovation & Research, Inc. (JPXI), a self-regulatory body, Japan Exchange Regulation (JPX-R), and a clearing house, Japan Securities Clearing Corporation (JSSC). As of June 2021, it is the world's fifth-largest stock ex ...
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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 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. Its products are sold under the Eneos brand, which is also used for service stations. It also previously operated service stations under the Esso and Mobil brands under license from ExxonMobil. In 2019, as a result of JX Holdings' merger with TonenGeneral Group in 2017 to form JXTG Holdings, both brands were phased out in favour of Eneos EneJet. History The company was established 1888 as the , or "Nisseki" (日石) for short. In 1999, the company merged with and absorbed the former . The merged company was called until 2002, when it adopted its present name. Worldwide operations The ...
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Moji-ku, Kitakyūshū
is a Japanese ward of the city of Kitakyushu in Fukuoka Prefecture. It is the former city of Moji which was one of five merged to create Kitakyūshū in 1963. It faces the city of Shimonoseki across the Kanmon Straits between Honshū and Kyūshū. The ward's area is 73.37 km². It had a population of 114,754 as of 2000. History Moji was first made into a port by Suematsu Kenchō with the financial backing of Shibusawa Eiichi in 1889. It was chiefly used for the transportation of coal, though there is a traditional song about the sale of bananas imported into Moji from Southeast Asia which survives to this day (''Banana no tataki-uri''). An imperial decree in July 1899 established Moji as an open port for trading with the United States and the United Kingdom.US Department of State. (1906)''A digest of international law as embodied in diplomatic discussions, treaties and other international agreements'' (John Bassett Moore, ed.), Vol. 5, p. 759 In 1905, Moji was the depar ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Shimonoseki
is a city located in Yamaguchi Prefecture, Japan. With a population of 265,684, it is the largest city in Yamaguchi Prefecture and the fifth-largest city in the Chūgoku region. It is located at the southwestern tip of Honshu facing the Tsushima Strait at the entrance to the Kanmon Straits (also known as the Straits of Shimonoseki) across from the city of Kitakyushu and the island of Kyushu. It is nicknamed the "Fugu Capital" for the locally caught pufferfish, and is the largest harvester of the pufferfish in Japan. History The geographical position of Shimonoseki has given it historical importance. The Heike and Genji fought at Dan-no-ura near the present Kanmon Bridge. In February 1691, German explorer Engelbert Kaempfer visited the town as part of his two-year stay in Japan, and described it as having around 400 to 500 houses, and as a major port in the region for supplying ship provisions. The Bombardment of Shimonoseki occurred in 1864, and the Treaty of Shimonose ...
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Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of ...
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