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Idemitsu Kosan Co.

Idemitsu Kosan Co.

Industry: 
Energy
Symbol: 
TYO:5019
Country: 
Japan
Sources: 

"Some processors, including Japan’s Idemitsu Kosan Co. and Taiwan’s CPC Corp., have cut the amount they buy from Iran." (Businessweek, "Asian Refiners Seek Iran Oil Alternatives on Disruption Threat," 1/6/2012)

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Idemitsu Kosan Co. engages primarily in oil refining and petroleum products, producing and sells oils, petroleum products and petrochemicals. (Company Website "About Idemitsu")

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Idemitsu Kosan Co. is Japan's second-largest petroleum refiner. (Bloomberg, “Idemitsu Raises 109.4 Billion Yen in Oil Refiner IPO (Update2),” October 16, 2006.)

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Fortune Global 500 2008 ranks the company as the 262nd largest company in the world by revenue. (Fortune Magazine, "Global 500 2008: Industry: Petroleum Refining," July 21, 2008.)

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As of April 2010, Idemitsu Kosan imports 12 thousand barrels of crude oil per day from Iran. (Reuters, "Iran’s Crude Oil Buyers in Europe, Asia," April 18 2010)

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On the company website, Tehran is marked on a map of global offices in the Middle East. (Company website, “Global Offices - Middle East”)

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