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JX Holdings Inc (5020.T)

5020.T on Tokyo Stock Exchange

407JPY
30 Sep 2016
Change (% chg)

¥2 (+0.57%)
Prev Close
¥405
Open
¥401
Day's High
¥408
Day's Low
¥398
Volume
12,702,000
Avg. Vol
11,557,251
52-wk High
¥518
52-wk Low
¥362

Latest Key Developments (Source: Significant Developments)

JX Holdings announces execution of business integration agreement with TonenGeneral Sekiyu K.K.
Tuesday, 30 Aug 2016 11:37pm EDT 

JX Holdings Inc <5020.T>: Says the co and TonenGeneral Sekiyu K.K.<5012.T>(TonenGeneral) reached a final agreement to consummate the Business Integration of their energy businesses following a share exchange between the two companies . Says a share exchange will be consummated on April 1, 2017 in which the co becomes the wholly-owning parent company through the share exchange and TonenGeneral becomes the wholly-owned subsidiary through the share exchange . Says 2.55 shares of the co's common stock will be allocated for every one share of TonenGeneral's common stock .Says TonenGeneral to be delisted on March 29, 2017.  Full Article

JX Holdings president Yukio Uchida to head company born of TonenGeneral merger- Nikkei<5012.T><5020.T>
Monday, 29 Aug 2016 04:04pm EDT 

NIkkei : JX holdings president Yukio Uchida to head company to be formed from April 2017 merger with TonenGeneral Sekiyu- Nikkei . Tonengeneral president June Mutoh to be vice president, Yasushi Kimura to be chairman of new company- Nikkei .  Full Article

JX Holdings unit sells part of working interest in the Mariner Oil Field in UK North Sea
Tuesday, 16 Aug 2016 02:00am EDT 

JX Holdings Inc <5020.T>: Says its wholly owned subsidiary, JX Nippon Exploration and Production (U.K.) Limited, has sold 8.9 percent working interest in the Greater Mariner Area to Siccar Point Energy U.K. Limited. .Says the working interest of the unit in the Greater Mariner Area is 20.0 percent after the transaction.  Full Article

R&I affirms JX Holdings's rating at "A" and announces stable outlook – R&I
Wednesday, 10 Aug 2016 02:21am EDT 

JX Holdings Inc <5020.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" – R&I .Rating outlook stable– R&I.  Full Article

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

UPDATE 2-JX values takeover of rival oil refiner TonenGeneral at $3.4 bln

TOKYO, Aug 31 JX Holdings Inc, Japan's biggest oil refiner by sales, has agreed to pay about 352 billion yen ($3.4 billion) in stock for TonenGeneral Sekiyu KK , the country's third-largest refiner by sales.