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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,629JPY
19 Jan 2018
Change (% chg)

¥8 (+0.49%)
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¥1,621
Open
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Volume
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Fri, Jan 5 2018

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

Japan's Idemitsu, Showa Shell see around $70 mln in cost savings by March

* Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu said on Friday they expect to cost cuts by 8 billion yen ($71 million) in the first year of their business alliance that started last April

UPDATE 2-Japan's Idemitsu, Showa Shell to merge key operations next spring

* Merger plan opposed by Idemitsu's founding family (Adds comment, detail)

UPDATE 1-Founding family ups stake in Idemitsu to over 28 pct

* Descendants of founder opposed to takeover of Showa Shell (Adds details)

Founding family ups stake in Idemitsu to over 28 pct

* Descendants of founder still opposed to Showa Shell takeover (Adds comment, detail)

BRIEF- Founding family ups stake in Idemitsu to over 28 pct

* Founding family of Idemitsu Kosan has increased stake in Idemitsu to above 28 percent by buying shares, lawyer representing family says

BRIEF-Daodaoquan Grain and Oil sees FY 2017 net profit down 20 pct to up 20 pct

* Sees FY 2017 net profit to decrease by 20 percent to increase by 20 percent, or to be 164.6 million yuan to 246.9 million yuan

BRIEF-Daodaoquan Grain and Oil sees H1 FY 2017 net profit down 30 pct to up 10 pct

* Sees H1 FY 2017 net profit to decrease by 30 percent to increase by 10 percent, or to be 90.4 million yuan to 142 million yuan

BRIEF-Daodaoquan Grain and Oil announces FY 2017 interim dividend payment

* Says it plans to use undistributed profits to pay a cash dividend of 4.1 yuan (pre-tax) per 10 shares to shareholders as interim dividend for FY 2017

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