TonenGeneral
   HOME

TheInfoList



OR:

is a Japanese global petroleum and metals conglomerate headquartered in
Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...
, Japan. In 2012 the
multinational corporation A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and cont ...
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 The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946 ...
through its predecessor (the original Nippon Oil Company)'s merger with Mitsubishi Oil.


Establishment

ENEOS Holdings was established on April 1, 2010 as JXTG Holdings 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: * ENEOS Corporation – 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, 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.


Controversy

In August 2022, ENEOS CEO Tsutomu Sugimori resigned for what was described at the time as personal reasons. The following month, however, the company confirmed that the reason for Sugimori's departure was due to allegations that he sexually harassed and injured a woman working at a hostess bar in Okinawa, which were later substantiated. The company's statement followed a report about the incident in a weekly magazine. In December 2023, Takeshi Saito was dismissed as the president of ENEOS after an independent investigation validated claims that he inappropriately hugged a woman at a social gathering while intoxicated.


References

Companies listed on the Tokyo Stock Exchange Companies listed on the Nagoya Stock Exchange Companies in the Nikkei 225 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 2010] Automotive fuel retailers Mitsubishi companies Japanese companies established in 2010 2017 mergers and acquisitions Chiyoda, Tokyo {{Japan-company-stub