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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,492JPY
23 Apr 2018
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¥4 (+0.27%)
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Mon, Apr 2 2018

Japan's Showa Shell sees Q2 crude refining down 1 pct y/y

TOKYO, April 2 Japan's Showa Shell Sekiyu KK said on Monday its group refineries would refine 1 percent less crude for the local market in April-June compared with a year ago, in line with their outlook for domestic demand.

Japan's Idemitsu, Showa Shell to combine crude loading programmes

* Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu have started work to integrate the so-called loading programmes through which they purchase crude, Idemitsu's CEO said

Japan's Idemitsu, Showa Shell see around $70 mln in cost savings by March

* Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu said on Friday they expect to cost cuts by 8 billion yen ($71 million) in the first year of their business alliance that started last April

Japan's Idemitsu, Showa Shell to merge key operations next spring

TOKYO Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu will combine management of their key businesses, an Idemitsu spokesman said on Tuesday, pursuing a merger bitterly opposed by a core investor - Idemitsu's founding family.

UPDATE 2-Japan's Idemitsu, Showa Shell to merge key operations next spring

* Merger plan opposed by Idemitsu's founding family (Adds comment, detail)

UPDATE 1-Founding family ups stake in Idemitsu to over 28 pct

* Descendants of founder opposed to takeover of Showa Shell (Adds details)

Founding family ups stake in Idemitsu to over 28 pct

* Descendants of founder still opposed to Showa Shell takeover (Adds comment, detail)

BRIEF-Daodaoquan Grain and Oil sees FY 2017 net profit down 20 pct to up 20 pct

* Sees FY 2017 net profit to decrease by 20 percent to increase by 20 percent, or to be 164.6 million yuan to 246.9 million yuan

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