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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,621JPY
18 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Idemitsu Kosan & Showa Shell Sekiyu Entity To Be Launched Next Spring - Nikkei
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - NIKKEI::IDEMITSU KOSAN & SHOWA SHELL SEKIYU ENTITY TO BE LAUNCHED NEXT SPRING WITH 300 PERSONNEL FROM BOTH SIDES - NIKKEI .IDEMITSU KOSAN & SHOWA SHELL SEKIYU ARE FORMING A NEW ORGANIZATION NEXT SPRING TO MANAGE THEIR KEY OPERATIONS UNDER ONE ROOF - NIKKEI.LAUNCH OF NEW ENTITY BY IDEMITSU KOSAN & SHOWA SHELL SEKIYU WILL HELP SLASH COSTS BY AT LEAST 30 BILLION YEN ($265 MILLION) OVER 3 YEARS - NIKKEI.  Full Article

SHOWA SHELL SEKIYU to take over business from GYXIS
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - SHOWA SHELL SEKIYU KK <5002.T> ::Says it plans to take over Hekinan-based LPG depots operation business from GYXIS CORP, effective on July 1, 2018.Transaction amount is 3.12 billion yen .  Full Article

Founding family ups stake in Idemitsu to over 28 pct
Monday, 18 Dec 2017 

TOKYO, Dec 18 (Reuters) - :Founding family of Idemitsu Kosan <<<5019.T>>> has increased stake in Idemitsu to above 28 percent by buying shares, lawyer representing family says.Founding family remains firmly opposed to the integration of Idemitsu and fellow refiner Showa Shell Sekiyu <<<5002.T>>>, Yohei Tsuruma says in statement.Idemitsu said in August that the new share sale had diluted the founding family's stake in Idemitsu to about 26 percent, from more than a third previously, eliminating its ability to veto the proposed integration with Showa Shell nL4N1L02Z7.  Full Article

Idemitsu, Showa Shell news conference at 0810 GMT-Jiji
Thursday, 13 Oct 2016 

: Idemitsu Kosan <5019.T>, Showa Shell <5002.T> to hold news conference at 0810 GMT - Jiji Further coverage: Japan's Idemitsu to delay planned purchase of Showa Shell - sources [nL4N1CJ1SJ] (Reporting By Chris Gallagher) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Idemitsu Kosan to acquire less of Showa Shell Sekiyu than planned -Nikkei<5002.T><5019.T>
Friday, 5 Aug 2016 

Nikkei:Idemitsu Kosan thinking of acquiring less of Showa Shell Sekiyu than previously planned, to counter efforts by Idemitsu's founding family to block merger-Nikkei.  Full Article

R&I affirms Showa Shell Sekiyu KK's rating at "A-" and announces stable outlook -R&I
Wednesday, 3 Aug 2016 

Showa Shell Sekiyu KK <5002.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" -R&I .Rating outlook stable -R&I.  Full Article

Showa Shell Sekiyu KK unit, Solar Frontier, building solar power plant in the U.S.-Nikkei<5002.T>
Tuesday, 12 Jul 2016 

Nikkei: Showa Shell Sekiyu KK unit, Solar Frontier, building solar power plant in the U.S. state of California . Showa Shell Sekiyu kk's megasolar farm will be completed by year-end and be sold to local power producer and investment company for a projected 20 billion yen .  Full Article

Idemitsu Kosan's management to meet founding family as early as next week to discuss Showa Shell merger - Nikkei<5002.T><5019.T>
Tuesday, 5 Jul 2016 

Nikkei: Idemitsu Kosan's management to meet founding family as early as next week to discuss latter's opposition to planned merger with Showa Shell Sekiyu - Nikkei .  Full Article

Idemitsu founding family opposing merger with Showa Shell -Kyodo
Tuesday, 28 Jun 2016 

Idemitsu Kosan Co <5019.T> founding family opposing merger with Showa Shell Sekiyu KK <5002.T>, has 33.92 percent stake - Kyodo Further company coverage:.  Full Article

Idemitsu Kosan sets date for integration with Showa Shell Sekiyu
Friday, 17 Jun 2016 

Idemitsu Kosan <5019.T>: Says it changes shares transaction date to middle September . Says it sets establishment date of new integrated company, at April 1, 2017 .Says plan disclosed on July 30, 2015 and Nov. 12, 2015.  Full Article

Japan's Idemitsu, Showa Shell to combine crude loading programmes

* Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu have started work to integrate the so-called loading programmes through which they purchase crude, Idemitsu's CEO said