Changes in Representatives of Keiyo Seisei JV G.K.
January 6, 2017
Cosmo Oil Co., Ltd.
TonenGeneral Sekiyu K.K.
Cosmo Oil Co., Ltd. (president, representative director: Hisashi Kobayashi) and TonenGeneral Sekiyu K.K. (representative director and president: Jun Mutoh) announce the following changes in representatives of their fifty-fifty joint venture company Keiyo Seisei JV G.K.
Effective January 7, 2017
| Name | New position at joint venture | Current position at joint venture | Reference: Positions at parent companies |
|---|---|---|---|
| Shigeru Yamada | President | Vice President | General Manager, Supply Dept., Supply Unit Cosmo Oil Co., Ltd. |
| Kentaro Take | Vice President | President | Executive Officer Deputy Supply & Trading Manager Supply Optimization Manager Supply Chain Optimization Manager TonenGeneral Sekiyu K.K. |
Note: These changes fulfill a requirement stipulated in the articles of incorporation for the president and vice president of the joint venture company to alternate between members of the two parent companies each fiscal year.
Overview of Keiyo Seisei JV G.K.
Head office: Minato-ku, Tokyo (in Cosmo Oil Co., Ltd. head office)
Business site: Ichihara, Chiba (on premises of TonenGeneral Sekiyu Chiba refinery)
Paid-in capital: 8 million yen (fifty-fifty investment by Cosmo Oil Co., Ltd. and TonenGeneral Sekiyu)
Date established: January 7, 2015
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