Idemitsu Kosan Co ( (JP:5019) ) has shared an announcement.
Idemitsu Kosan Co., Ltd. announced a merger with its wholly owned subsidiary, RS ENERGY K.K., effective July 1, 2025. This merger aims to integrate operations under a single entity to enhance productivity, with Idemitsu as the surviving entity, and is structured as a simple/short form merger, requiring no shareholder approval.
More about Idemitsu Kosan Co
Idemitsu Kosan Co., Ltd. operates in the oil refinery and petrochemical industry, focusing on the manufacturing and sales of oils, fats, petrochemical products, electronic materials, and agriculture drugs. The company is also involved in the electric power supply business and the production and trading of petroleum, coal resources, and alternative energy sources.
YTD Price Performance: -7.90%
Average Trading Volume: 1,000
Technical Sentiment Signal: Sell
Current Market Cap: $8.25B
See more data about 5019 stock on TipRanks’ Stock Analysis page.