New Company to integrate Liquefied Petroleum Gas Operation
January 30, 2009
Document 1
Company Summaries
1．JAPAN ENERGY CORPORATION
| Headquarters | Toranomon 2 chome, Minato-ku, Tokyo |
|---|---|
| President | Isao MATSUSHITA |
| Share capital | ¥48 billion |
| Established | April 2003 |
| Business operations | Oil exploration, refining, and sales of petroleum products, import and sales of LPG, production and sales of petrochemicals |
| Sales volume | ¥3.19 trillion (as of March 2008) |
| Number of employees | 2,700 |
2．OSAKA GAS CO., LTD.
| Headquarters | Hirano-machi 4chome, Chuo-ku, Osaka-shi, Osaka |
|---|---|
| President | Hiroshi OZAKI |
| Share capital | ¥132.1 billion |
| Established | April 1897 |
| Business operations | Gas production, delivery, and sales; LPG sales; Electricity generation and sales; etc. |
| Sales volume | ¥1.24 trillion (as of March 2008) |
| Number of employees | 5,418 |
3．NISSHO PETROLEUM GAS CORPORATION
| Headquarters | Nishi-Shinbashi 1 chome, Minato-ku, Tokyo |
|---|---|
| President | Takao SHINKEYA |
| Share capital | ¥1.7 billion (52.5% held by Osaka Gas, 25% by ITOCHU, And 22.5% by Sojitz ) |
| Established | May 1990 |
| Business operations | Importation and sales of LPG, LNG and petroleum products |
| Sales volume | ¥148.6 billion (As of March 2008) |
| Number of employees | 50 |
4．ITOCHU ENEX CO., LTD
| Headquarters | Shibaura 3 chome, Minato-ku, Tokyo |
|---|---|
| President | Akira KODERA |
| Share capital | ¥19.8 billion (52.15% held by ITOCHU) |
| Established | January 1961 |
| Business operations | Petroleum products, LPG sales |
| Sales volume | ¥1.94 trillion (as of March 2008) |
| Number of employees | 600 |