Cosmo Energy Holdings Co., Ltd. · TSE:5021
Cosmo Energy — Q2 2016 Earnings Presentation
29 slides from Cosmo Energy's earnings presentation, 2016
Slide 1: Act on Sophisticated Methods of Energy Supply Structures; ALA; API
NEW A NEW icon is given to each item of information newly added to this version of glossary. Act on Sophisticated Methods of Energy Supply Structures An act to promote the use of non-fossil resources and more effective use of fossil sources by energy supply businesses. It facilitates measures necess
Slide 2: Arakawa Chemical Industries; Biogasoline
NEW Arakawa Chemical Industries, Ltd. -Founded in 1876, the company manufactures and sells environmentally friendly, value added materials, including those necessary for manufacturing products related to printing and cutting-edge electronics, based on its core technologies in the chemistry of rosin
Slide 3: Car Care Merchandise; CEPSA
Car Care Merchandise It includes car inspection, repair, lubricating oil change, and car wash services, tires, batteries, accessories, and other automotive products and services, which represent the value added merchandise. CEPSA Compañía Española de Petróleos, S.A.U. (Director and Chief Executive O
Slide 4: Atmospheric distillation; CM Aromatics Co., Ltd.
CM Aromatics Co., Ltd. A joint venture company established by Cosmo Oil and Maruzen Petrochemical Co., Ltd. to procure the base material to manufacture mixed xylene and to store and market it. Date of establishment: April 1, 2005 Capital: ¥100 million Invested by: Cosmo Oil at 65% and Maruzen Petroc
Slide 5: Coker Unit
Coker Unit A new unit built at the Sakai Refinery of Cosmo Oil (with a capital investment of some ¥100 billion) scheduled to start operation during fiscal year 2010. In addition to the Coker unit, a Coker Distillate hydrodesulfurization unit is also newly being built. These units, when completed, wi
Slide 6: Refining Process Chart After Introduction of Coker and Other Units
<Refining Process Chart After Introduction of Coker and Other Units> Refining Process ＬＰＧ LPG Naphtha Naphtha Gasoline hydrodesulf Catalytic Naphtha -urization reformer mixing Gasoline unit unit Atmosphe ric Crude Kerosene Kerosene & distillation diesel fuel Jet fuel oil unit hydrodesulp Kerosene h-
Slide 7: Company with Audit and Supervisory Committee; Concession agreement
NEW Company with Audit and Supervisory Committee -Under the revised Companies Act, a Company with Audit and Supervisory Committee is prescribed as “any Stock Company which has an Audit and Supervisory Committee consisting of three or more directors (the majority of the member directors shall be outs
Slide 8: COSMO B-CLE LEASE
COSMO B－CLE LEASE An integrated, “one-stop” vehicle lease service encompassing procurement of vehicles, automobile safety inspection, car insurance, discounted fueling. With a monthly payment of fixed lease fee, customers can receive all of above services at our outfit without going anywhere else. W
Slide 9: Cosmo Abu Dhabi Energy Exploration & Production Co., Ltd.
NEW Cosmo Abu Dhabi Energy Exploration & Production Co., Ltd. -Established in November 2014 to control Abu Dhabi Oil Co., Ltd. and plan and promote new oil and gas projects in Abu Dhabi. -Accepted an investment from CEPSA, a leading integrated oil company in Spain in the IPIC group, to strengthen th
Slide 10: Cosmo The Card House
Cosmo The Card House Cosmo Oil’s proprietary credit card that is available only at Cosmo Oil SSs. The card provides great benefits for the three parties customers, dealers (SSs) and Cosmo Oil, respectively, as follows: Customers: Issuing cards immediately, cashless payment for purchases at the servi
Slide 11: Desulfurization Catalyst; Direct Hydrodesulfurization Unit
Desulfurization Catalyst The typical desulfurization process is such that sulfur (S) is removed in the form of hydrogen sulfide by reacting the sulfur contained in crude oil with hydrogen (H). A catalyst is used to promote this chemical reaction. Direct Hydrodesulfurization Unit - One of hydrosulfur
Slide 12: Eco Card
Eco Card Cosmo Oil’s proprietary credit card providing an opportunity for its cardmembers to “participate in environmental preservation” activities in addition to the same features offered by Cosmo The Card Opus and Cosmo The Card House. Two “Eco” cards are available: Cosmo The Card Opus “Eco” and C
Slide 13: Equity-method affiliate; F Index; FCC
NEW Equity-method affiliate Consolidated company of which the Company has 20% or more and 50% or less of voting rights. F Index An index that dealers use to manage their SSs (or to raise their cost awareness) The primary objective of introducing this index is to have each dealer understand the ratio
Slide 14: Feed-in Tariff Scheme; Gyxis Corporation
Feed-in Tariff (FIT) Scheme for Renewable Energy - The scheme introduced by the Japanese government for the purpose of promoting the use of renewable energy across Japan - The scheme requiring electric companies to purchase electricity generated from renewable energy sources by existing and new faci
Slide 15: Hail Oil Field
NEW Hail Oil Field -We have extended our interests in existing three oil fields (Mubarraz Field, Umm Al Anbar Field and Neewat Al Ghalan Field) for 30 years since 2012 based on the solid trust built between Abu Dhabi Oil Co., Ltd. and the oil-producing country (Abu Dhabi of United Arab Emirates). We
Slide 16: Heavy Fuel Oil Desulfurization Units
Heavy Fuel Oil Desulfurization Units (Direct and Indirect) Units designed to recover sulfur from what is in the bottom (or heavy fuel oil) of the atmospheric distillation unit Crude Secondary Refining Units oil Petroleum gas Atmospheric distillation unit (topper) Light naphtha Gasoline m ixing High-
Slide 17: House Card; Hybrid financing (subordinated loans)
House Card House Card means Cosmo The Card House which can be used only at Cosmo Oil’s network of service stations operated independently by Cosmo Oil Marketing Co., Ltd. NEW Hybrid financing (subordinated loans) A form of hybrid financing with a nature between equity and debt. It is a financing met
Slide 18: Hyundai Cosmo Petrochemical Co., Ltd
Hyundai Cosmo Petrochemical Co., Ltd (Ex. HC Petrochem) An equal joint venture company that Cosmo Oil established with Hyundai Oilbank Co., Ltd. (HDO) in November 2009. Using a paraxylene plant (with a production capacity of 380,000 tonnes per year) assigned by HDO, Hyndai Cosmo Petrochemical(HCP) s
Slide 19: Visualized Concept for Olefinic and Aromatic Products
※ Visualized Concept for Olefinic and Aromatic Products The red framed indicates the scope of business done by Hyundai Cosmo Petrochemical Co., Ltd.（ＨCP)
Slide 20: Para-xylene manufacturing facility structure in the JV business
※ Para-xylene manufacturing facility structure in the JV business: ＊ Light Raffinate naphtha Naphtha splitter Benzene 130,000 Existing facility tons Hydrogen LPG Para-xylene 380,000 Aromatic tons compound manufacturin Full-range g unit cluster Heavy Total naphtha Naphtha Catalytic aroma volume of (p
Slide 21: Hyundai Oilbank Co., Ltd. (HDO); IPIC
Hyundai Oilbank Co., Ltd. (HDO) HDO is an oil refining and marketing company based in the Republic of Korea. Established in 1964, HDO processes crude oil at 390,000 barrels a day. As part of its joint projects with IPIC, Cosmo Oil in April 2008 signed a memorandum of understanding for comprehensive
Slide 22: Keiyo Seisei JV G.K.
NEW Keiyo Seisei JV G.K. Joint venture company established with TonenGeneral Sekiyu in January 2015. (Ownership: Cosmo Oil and TonenGeneral = 50:50) Construction work of a pipeline that connects Chiba refineries of the both companies began in June 2015. It aims to create synergy of more than ¥10 bil
Slide 23: Maruzen Petrochemical Co., Ltd.
NEW Maruzen Petrochemical Co., Ltd. We made Maruzen Petrochemical Co., Ltd., which had been an equity-method affiliate, a consolidated subsidiary in March 2016 with the acquisition of additional shares. With one of the largest ethylene production capacities in Japan, it continues to supply high-qual
Slide 24: Capital Relationship with Industrial Complex of Maruzen Petrochemical
《Capital Relationship with Industrial Complex of Maruzen Petrochemical》 Product flow Investment (Ratio of voting rights) Investment Maruzen Investment Major Petrochemical 13.2% each shareholders 52.7% Cosmo Group: 52.7％ Major shareholders: 39.6％ Other shareholders: 7.7％ ・Ube Industries Cosmo Energy
Slide 25: Mixed Xylene; Number of Cards in Force; OMS
Mixed Xylene A raw material used to manufacture para-xylene. Mixed xylene is mainly produced based on reformate (base material for gasoline) that is manufactured by an oil company. Please refer to “Para-xylene.” Number of Cards in Force The net number of “Cosmo The Card” cardmembers after the deduct
Slide 26: Para-Xylene (PX); Production sharing contract
Para-Xylene (PX) -Aromatic compounds that are used to manufacture PET bottles and polyester textile products. -Production Process from Crude Oil to Product . Highly Crude Heavy Crude Mixed Para- Product purified Polyester Oil naphtha naphtha xylene xylene terephtalic acid Cosmo Oill business range t
Slide 27: Sales Unit; Service agreement; Sogo Energy Corporation
Sales Unit, or SS Sales Unit A monthly sales volume of automobile fuel oil per SS NEW Service agreement Agreement by which an oil company contracts for exploration and development works and receives certain payments. Sogo Energy Corporation In November 2012, Cosmo Oil acquired all the shares (97.08%
Slide 28: SS NV Index; Sulfur-Free Gasoline and Diesel Fuel
SS NV Index This refers to a management evaluation index that provides navigation for SS operators to strengthen their management of SSs (or to build the management basis to improve profitability even if they face such an unfavorable business environment that may reduce operating margins). The prima
Slide 29: Topper; Total Number of Cards Issued; Yokkaichi Kasumi Power
Topper ( Crude Distillation Unit ) An atmospheric distillation unit. Generally speaking, the crude oil processing capacity of an oil refinery is represented by its CDU’s processing capacity per day. Total Number of Cards Issued The cumulative number of “Cosmo The Card” cards issued so far, including
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