Idemitsu Kosan Co., Ltd. Unsponsored ADR (IDKOY)

Overview

Idemitsu Kosan Co.,Ltd., headquartered in Tokyo, Japan, is a diversified energy company with global operations. Founded in 1911, the company has grown to engage in a wide range of businesses, including petroleum, basic chemicals, functional materials, power and renewable energy, and resources. Idemitsu Kosan's operations are broadly divided into several key segments: Petroleum, Basic Chemicals, Functional Materials, Power and Renewable Energy, and Resources, each dedicated to fulfilling specific energy and material needs in Japan and around the world. Through its expansive product offerings and innovative technologies, Idemitsu Kosan plays a pivotal role in providing energy solutions and materials that contribute to various industries and the everyday lives of people.

Products and Services

• Petroleum

  This segment encompasses the procurement of crude oil, refining of petroleum products, and sale of gasoline, diesel oil, kerosene, and specialized fuels. Idemitsu Kosan also focuses on the sale and distribution of automotive and industrial lubricants and operates hydrogen stations, offering a wide range of energy solutions to cater to both domestic and international markets.

• Basic Chemicals

  Idemitsu Kosan manufactures and sells a variety of basic chemicals including olefins (ethylene, propylene, butadiene), aromatics (benzene, styrene monomer, mixed xylene, paraxylene), and other chemicals. These foundational elements are crucial for the production of numerous industrial and consumer goods, highlighting the company's integral role in the chemical industry.

• Functional Materials

  This division is involved in the research, development, manufacture, and sale of a wide range of products. These include automotive, industrial, and marine lubricants, greases, engineering plastics, adhesive materials, solvents, and electronic materials like OLED technologies. Additionally, Idemitsu Kosan is investing in the future through its development of solid-state lithium-ion battery materials and environmentally friendly products like microbial pesticides and soil amendments.

• Power and Renewable Energy

  Idemitsu Kosan is actively engaged in the operation of thermal power plants and the development and operation of renewable energy sources, including solar, wind, and biomass power plants. The company's efforts extend to the supply, wholesale, and retail of electric power, alongside the research, development, and manufacture of CIS thin-film solar modules and sales of solar power systems, showcasing its commitment to sustainable energy solutions.

• Resources

  The resources segment of Idemitsu Kosan involves the exploration, development, and production of oil and gas, alongside the production and sales of coal and uranium. Moreover, the company operates geothermal power plants and is involved in the sale of electric power and steam. Through these activities, Idemitsu Kosan ensures a stable supply of essential energy resources to meet the needs of a diverse range of industries and consumers globally.