Cosmo Oil Co., Ltd., Showa Shell Sekiyu K.K., Sumitomo Corporation, and TonenGeneral Sekiyu K.K. announce the name, corporate logo and corporate organization of a new company to be established on April 1, 2015. The formation of the new company follows the conclusion of an agreement among the above four companies on August 5, 2014, for the integration of their LPG import and wholesale businesses, and the subsequent conclusion of an absorption-type spin-off agreement on December 18, 2014, between each of the four companies and Cosmo Petroleum Gas Co., Ltd., a wholly owned subsidiary of Cosmo Oil Co., Ltd., in preparation for the integration of their LPG import and wholesale operations.
Notice on Name, Corporate Logo, Personnel Announcement and Organization for New Integrated LPG Import and Wholesale Company Gyxis Corporation
March 3rd, 2015
1. Profile of integrated import and wholesale company (plan)
(1) New company name | Gyxis Corporation | |
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(2) Head office location | Mita-Bellju Building, 5-36-7 Shiba, Minato-ku, Tokyo 108-0014, Japan | |
(3) Name and title of the representative | Mr. Yamamoto, Kazunori Representative Director and President |
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(4) Description of business | Manufacture, storage, transport, sale and import/export of LPG | |
(5) Capital | 11 billion yen | |
(6) Fiscal year-end | December | |
(7) Shareholders and ownership | Cosmo Oil Co., Ltd. (25%), Showa Shell Sekiyu K.K. (25%), Sumitomo Corporation (25%), TonenGeneral Sekiyu K.K. (25%) |
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(8) Sales revenue | Approx. 450 billion yen | |
(9) Domestic sales volume (excluding LPG used as electric power and raw material) | Approx. 3.7 million tons | |
(10) Import volume | Approx. 2.8 million tons | |
(11) Overseas trading volume | Approx. 1 million tons | |
(12) Principal offices | Seven LPG import terminals | Kashima, Chiba, Kawasaki, Hekinan (in Aichi Prefecture), Yokkaichi, Sakai and Oita |
Four LPG secondary terminals | Shimizu, Sakaide, Matsuyama and Hiroshima | |
Seven branch offices and one business office | Tohoku Branch Office (in Sendai), Tokyo Branch Office, Kanto Branch Office (in Tokyo), Chubu Branch Office (in Nagoya), Kansai Branch Office (in Osaka), Chugoku & Shikoku Branch Office (in Takamatsu), Kyushu Branch Office (in Fukuoka) and Okinawa Business Office (in Naha) | |
(13) Principal subsidiaries and affiliates | Yokkaichi LPG Terminal Co., Ltd. Kashima LPG Joint Stockpiling Co, Ltd. Oita LPG Joint Stockpiling Co., Ltd. Hiroshima LPG Terminal Co., Ltd. |
2. New company name and corporate mark
Logotype of company name
Corporate mark
The name Gyxis is a combination of the words “gas” and “Pyxis” (a constellation that represents a mariner’s compass*), which expresses our intent to be a company that is firmly oriented toward the future of the LPG business.
The corporate logo consists of a white loop encompassing a green area, which represents the environment, on a blue oval, which represents the earth. This composition illustrates our intent to maintain concern for the environment in our LPG business. The loop represents both alpha (α) and infinity (∞). As alpha, the loop conveys our intent to produce extra value, referred to as “plus alpha” in Japanese, from the synergy of our four companies. As infinity, it symbolizes our intent to maximize this value to the fullest. The robustness of the loop represents our firm commitment to both the delivery of a safe, stable supply of LPG and protection of the environment. The white of the loop symbolizes integrity, reliability and intelligence, while the green inside the loop symbolizes the bonds between people, safety, peace of mind, and youth.
* Pyxis can be seen near the southern horizon in spring.
3. Corporate statement
At Gyxis, we are taking on new challenges and working toward continuous innovation to lead the future of energy in Japan and on the global stage.
Cosmo Oil, Showa Shell, Sumitomo Corporation and TonenGeneral have combined forces to form a top-tier LPG network in Japan. We are committed to ensuring a safe, stable supply while maintaining the value of strong human bonds.
Utilizing our power to support our nation – that is our mission.
4. Schedule
Effective date of business integration April 1, 2015 (planned)
5. Personnel announcement (effective April 1, 2015)
(1) Directors and corporate auditors
Title | Name | Current Position |
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Representative Director and President | Kazunori Yamamoto | Project Executive Showa Shell Sekiyu K.K. |
Executive Vice President and Director (in charge of overseas/supply operations) | Shigeki Nara | Project Executive Energy Division Sumitomo Corporation |
Executive Vice President and Director(in charge of sales operations) | Toshiyuki Yokota | Project Executive TonenGeneral Sekiyu K.K. |
Executive Vice President and Director(in charge of administrative operations) | Yoshihiro Masuda | Director and Head, Integration Task Force Cosmo Petroleum Gas Co., Ltd. |
Director (part-time) | Hiroshi Kiriyama | Director Senior Executive Officer Corporate Planning Unit Cosmo Oil Co., Ltd. |
Director (part-time) | Makoto Abe | Executive Officer Showa Shell Sekiyu K.K. |
Director (part-time) | Shingo Ueno | Executive Officer General Manager Energy Division Sumitomo Corporation |
Director (part-time) | Yuji Saita | Director Supply & Trading Manager TonenGeneral Sekiyu K.K. |
Corporate Auditor | Jun Kono | Corporate Auditor Enessance Holdings Co., Ltd. |
Corporate Auditor (part-time) | Hideto Matsumura | Corporate Auditor (full-time) Cosmo Oil Co., Ltd. |
Corporate Auditor (part-time) | Jun Umezawa | New Business Promotion Division Showa Shell Sekiyu K.K. |
Corporate Auditor (part-time) | Yoji Kuwano | Senior Advisor, Controller’s EMG Marketing G.K. |
(2) Executive officers
Title | Name | Assignor company |
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Executive Officer, Corporate Planning | Hideaki Sasaki | TonenGeneral Sekiyu K.K. |
Executive Officer, Human Resources, General Affairs and Information Systems | Dai Takano | Showa Shell Sekiyu K.K. |
Executive Officer, Controller and Treasurer | Shinji Adachi | Sumitomo Corporation |
Executive Officer, Sales | Katsunori Sakakura | Showa Shell Sekiyu K.K. |
Executive Officer, Sales Planning | Yoshitaka Yamanaka | Cosmo Oil Co., Ltd. |
Executive Officer, Supply | Hisashi Chikatani | TonenGeneral Sekiyu K.K. |
Executive Officer, Global Trading | Satoshi Matsui | Cosmo Oil Co., Ltd. |
(3) General managers and branch office managers
Title | Name | Assignor company |
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General Manager, Audit | Hideo Hatano | TonenGeneral Sekiyu K.K. |
General Manager, Human Resources and General Affairs | Norihiko Yashiro | Cosmo Oil Co., Ltd. |
General Manager, Information Systems | Kei Hisada | Cosmo Oil Co., Ltd. |
General Manager, Risk Management | Yukihiro Haruta | Sumitomo Corporation |
General Manager, Finance | Masahisa Hosouchi | Showa Shell Sekiyu K.K. |
General Manager, Accounting | Masayuki Shiba | Cosmo Oil Co., Ltd. |
Deputy Division Manager, Sales and General Manager, Nationwide Sales | Satoshi Kodama | Sumitomo Corporation |
Tohoku Branch Office Manager | Takuya Sato | TonenGeneral Sekiyu K.K. |
Tokyo Branch Office Manger | Hidenori Fujime | Cosmo Oil Co., Ltd. |
Kanto Branch Office Manager | Kiyoshi Hoshino | Enessance Holdings Co., Ltd. |
Chubu Branch Office Manager | Hiroki Yokoyama | Showa Shell Sekiyu K.K. |
Kansai Branch Office Manager | Toshihiko Matsuura | TonenGeneral Sekiyu K.K. |
Chugoku & Shikoku Branch Office Manager | Akira Fukuyama | Cosmo Oil Co., Ltd. |
Kyushu Branch Office Manager | Shinichi Akiyama | Showa Shell Sekiyu K.K. |
General Manager, Planning & Coordination | Hideaki Tanaka | TonenGeneral Sekiyu K.K. |
General Manager, Sales Promotion | Osamu Watanabe | Showa Shell Sekiyu K.K. |
Order Center Manager | Naoyuki Kamijo | Cosmo Oil Co., Ltd. |
General Manager, Supply Coordination | Katsushi Miyaoka | Showa Shell Sekiyu K.K. |
General Manager, Environment, Facility Maintenance and Safety | Minoru Kamibayashi | TonenGeneral Sekiyu K.K. |
Hekinan LPG Terminal Manager | Kiyotaka Suzuki | Showa Shell Sekiyu K.K. |
General Manager, LPG Trade & Supply | Ryo Okumura | Sumitomo Corporation |