JX Holdings Inc (5020.T) Key Developments | Reuters.com
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JX Holdings Inc (5020.T)

5020.T on Tokyo Stock Exchange

391JPY
24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

JX Holdings unit to sell entire 45 pct concession in gas field of Utgard
Friday, 3 Jun 2016 02:35am EDT 

JX Holdings Inc <5020.T>: Says its wholly owned unit JX Nippon Exploration & Production (U.K.) Limited will sell its owned entire concession(45 percent) in a gas field of Utgard to Statoil (U.K.) Limited .Says further details are not disclosed yet.  Full Article

JX Holdings' unit sells 16 percent own interests of UK-based gas field
Monday, 16 May 2016 02:00am EDT 

JX Holdings Inc <5020.T>: Says its unit JX Nippon Exploration & Production (U.K.) Limited sells 16 percent own interests of a gas field located in the UK .Says the unit holds a 18 percent own interests of the gas field after the transaction.  Full Article

JX Holdings unit to raise stake in Vietnam National Petroleum Group to 8 pct
Thursday, 14 Apr 2016 02:30am EDT 

JX Holdings Inc:Unit JX Nippon Oil & Energy Corporation signed agreement to raise stake in Vietnam National Petroleum Group to 8 pct, via private placement.Says formed cooperation agreement with Vietnam National Petroleum Group and Vietnam government.  Full Article

JX Holdings changes effective date of International Financial Reporting Standards
Tuesday, 29 Mar 2016 03:00am EDT 

JX Holdings Inc:Says International Financial Reporting Standards will take effect from financial report for FY ending March 2017.  Full Article

JX Holdings lowers consolidated full-year outlook for FY 2016
Tuesday, 2 Feb 2016 11:00pm EST 

JX Holdings Inc:Says the company lowered the consolidated full-year outlook for revenue to 8,700,000 mln yen from 9,350,000 mln yen for the fiscal year ending March 31, 2016.Sees a decrease of operating profit forecast to a loss of 100,000 mln yen from 110,000 mln yen.Sees a decrease of ordinary profit forecast to a loss of 55,000 mln yen from 150,000 mln yen.Sees a decrease of net profit forecast to a loss of 330,000 mln yen from 45,000 mln yen.Sees a decrease of earnings per share to a loss of 132.72 yen from 18.10 yen.Comments the influence of decreased oil price as the main reason for the forecast.  Full Article

JX Holdings announces business integration with TonenGeneral Sekiyu
Wednesday, 2 Dec 2015 09:35pm EST 

JX Holdings Inc:Signed a business integration agreement with TonenGeneral Sekiyu KK on Dec. 3.Plans to accomplish the business integration by the end of April 2017.  Full Article

JX Holdings lowers consolidated full-year outlook for FY 2016
Tuesday, 3 Nov 2015 11:00pm EST 

JX Holdings Inc:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 9,350,000 million yen from 9,660,000 million yen.Operating profit forecast decreased to 110,000 million yen from 250,000 million yen.Ordinary profit forecast decreased to 150,000 million yen from 310,000 million yen.Net profit forecast decreased to 45,000 million yen from 160,000 million yen.Earnings per share decreased to 18.10 yen from 64.35 yen.FY 2016 revenues of 9,191.62 billion yen, net income of 114.46 billion yen – Thomson Reuters I/B/E/S.Comments that decreased crude oil price is the main reason for the forecast.  Full Article

R&I affirms JX Holdings Inc's rating at "A" and stable outlook
Friday, 18 Sep 2015 02:00am EDT 

JX Holdings Inc:Rating and Investment Information, Inc. (R&I) affirmed JX Holdings Inc's issuer rating at "A".Rating outlook stable.  Full Article

JX Holdings Inc says Chile's Caserones warehouse flooded by tsunami - Reuters
Thursday, 17 Sep 2015 08:00pm EDT 

JX Holdings Inc:The tsunami that hit the Chilean port of Coquimbo after this week's earthquake in the central part of the country flooded a warehouse for copper concentrate from the Caserones mine, a spokesman of JX Nippon Mining & Metals said on Friday - Reuters.The Japanese mining company does not currently know how much copper concentrate was being held at the warehouse or how the supplies were affected, the spokesman said - Reuters.A source at a trading house in Singapore said that any damage to the stockpile at the port is unlikely to affect the market balance, because most smelters have a pipeline of supplies that is well stocked to December-January - Reuters.  Full Article

JX Holdings to change president
Tuesday, 21 Apr 2015 01:00am EDT 

JX Holdings Inc:To change president to Yukio Uchida from Isao Matsushita, effective late June.  Full Article

UPDATE 1-Japan's JX expects June oil product exports to be at record

* June oil product exports to beat record set in April * Exports expected to reach 220,143 bpd, up 43 pct y/y * JX oil refining for domestic market to fall 6 pct y/y (Adds details, tables) TOKYO, May 30 Japan's biggest oil refiner JX Holdings Inc said on Monday it expects its refined product exports in June to reach a record, amid a push to offset falling demand in its home market. Japanese refiners are bumping up gasoline and middle distillate exports to boost ear