Idemitsu Kosan Co Ltd - Company Profile
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Business Description
Idemitsu Kosan Co Ltd (Idemitsu) is involved in the development, manufacturing, and sales of diverse energies and materials. The company operates in the petroleum, basic chemicals, functional materials, power/renewable energy, and resources sectors. It provides a stable supply of fuel through its network of refineries, oil terminals, and approximately 6,000 service stations.
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R&D Overview
Idemitsu is actively engaged in research and development across various domains, focusing on medium- to long-term themes that aim to develop next-generation materials, reduce greenhouse gas emissions, and promote resource circulation. The company's R&D efforts span functional polymers, electronic materials, lubricants, advanced materials, performance chemicals, and next-generation battery materials. Idemitsu is also involved in developing technologies for a carbon-neutral, recycling-oriented society, including the creation of solid electrolytes for lithium batteries and environmentally friendly coal operations. The company emphasizes innovation through collaboration with startups, academia, and international partners, aiming to create new businesses and enhance technological capabilities. The company filed 307 new patent applications, with 10 in fuel oil, one in basic chemicals, 286 in high-performance materials, one in electricity/renewable energy, and nine in resources. In FY2026, the company incurred R&D expenditure of JPY30,400 million, which was 0.3% of the company's total revenue.
Business Segments
Overview
Involved in the production and sale of olefin and aroma products, serving industries that utilize petrochemical raw materials derived from naphtha and other materials obtained during crude oil refining.
Performance
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Overview
Develops and supplies materials like lubricants, electronic materials, and performance chemicals, serving industries such as automotive, electronics, and construction.
Performance
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Overview
Involves the production, sales, import/export, and trading of refined petroleum products. It serves industries requiring fuel and energy resources.
Performance
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Overview
Focuses on power generation, including thermal, solar, and wind power, and the sales of electricity and solar business.
Performance
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Overview
Focuses on the exploration, development, production, and sales of crude oil, natural gas, and other energy resources such as coal.
Performance
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Overview
Conducts operations through Showa Shell Sekiyu KK. Also, offer insurance and intra-group service businesses.
Performance
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Geographical Segments
Target Markets
Australia, Hong Kong, China, and South Korea.
Performance
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Performance
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Target Markets
USA and Canada.
Performance
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Target Markets
Germany
Performance
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Performance
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