E N EOS Corporate Profile

C o n c ept s Emb o die d in th e EN EOS B r an d Lo g o

The ENEOS logo was created in 20 01. The ENEOS brand has gained widespread
recognition and is now a favorite among customers.
" E N EO S " is a p or t m an te au c r e a te d by comb inin g t he wor d s en er g y an d ne o s
(m e a n i n g " n e w " i n G r e e k ) . W e p r o v i d e a w i d e r a n g e o f e n e r g y s e r v i c e s t o
o u r c u s t o m e r s . O u r b r a n d m a r k i s a n e x p r e s s i o n o f "e n e r g y " i n a s y m b o l i c
f o r m . T he cen t r al sp here e x pre s s e s "reliabili t y " an d "p er sis ten ce," w hile t he
out ward spiral expresses "creativit y" and "innovation." The ENEOS Brand Logo

Overview of ENEOS

Name ENEOS Corporation Capital 30 billion yen (100% investment of ENEOS Holdings, Inc.)

Established May 10, 1888 Employees 9,103 as a single corporation (as of April 1, 2022)

Representative Representative Director, President: Saito Takeshi Business Areas •Refining and sales of petroleum products
(such as gasoline, kerosene, and lubricating oil)
Head Office Postal code: 100-8162
•Import and sale of gas
1-1-2 Otemachi, Chiyoda-ku, Tokyo, Japan
•Manufacture and sale of petrochemical products
•Supply of electricity and hydrogen
 For the Future

W in d p o w e r
P6
H ydr o g e n s t ati o n s
P7
Re c yclin g an d
e nv ir o n m e n t al
s e r v ic e s
P9

M e g a s o l ar p o w e r
W e w i l l r e s o l u t e l y t a ke o n t h e c h a l l e n g e o f P6
C O 2 -fr e e hydr o g e n
creating new value to solve environmental and
P7
social problems . And we will continue to
suppor t the lives and lifest yles of ever yone in
t h i s c h a n g i n g s o c i e t y.
M o b ilit y s e r v ic e s
P9

High Pe r fo r m an c e
M ate r ials
SSBR (solution polymerization
styrene-butadiene rubber)
for fuel-efficient tires

P8 E N EOS D e n k i
(electricity business)
E N EOS n o M o r i
P10 (forest stewardship activities)

P13

02 03
 The ENEOS Long-Term Vision and
ENEOS Group Long-Term Vision for 2040
Future Business Goals
The business environment surrouding the Group is undergoing unprecedented changes,
Our envisioned goals
including the acceleration of the global trend toward the development of a low-carbon society,
1 2 3
rapid evolution of innovation such as IoT and AI, growing momentum for corporate social responsibility represented by ESG and SDGs.
Furthermore, as oil demand in Japan continues to decrease, Become one of the most prominent Contribute to
Create value by
survival would be a challenging goal for the Group if we simply continued as before. and internationally-competitive the development of
With the sense of urgency concerning such points, we announced the "ENEOS Group Long-Term Vision for 2040" in May 2019. transforming our
energy and materials a low-carbon,
The vision lays out a scenario in 2040 based on current global trends and serves as a guidepost for the Group’
s envisioned goals current business structure
company groups in Asia recycling oriented society
and solutions for the future．
We will help to build a sustainable future in partnership with society through the realization of this vision.

Add high value

to petroleum
Toward
2040
Environmentally Contribute to
conscious businesses the development of a low-carbon,
recycling-oriented society
Petrochemicals Growth We Aim to Contribute Toward Through
Chemical Refineries businesses Our Business activities

Oil and Natural Gas E&P Enhance our technological

capabilities Next Generation Energy Supply
Renewable Energy Affordable and Industry, Sustainable Cities

Base CO2-Free Hydrogen Clean Energy Innovation and

Infrastructure
and
Communities

businesses
Materials Act as a platform
(Electronic
materials, etc.) provider Responsible Climate
Consumption Action
and Production

Petroleum Refining Community

& Marketing Services
We Aim to Contribute Toward Through
Metal Resources Development, Our Corporate activities
Copper Smelting and Refining

Visio r tfolio
n for Futur
e Business Po
Good Health Quality Gender
Digital innovation and Well-Being Education Equality
Rapid progress of Internet society
and blockchain technology
Dramatic improvement in productivity
with AI, IoT, robotics, etc.
Electrification Decent Work Reduced
(shift to EV, autonomous driving, etc.)

Long-
and Inequalities

Term Global Trends

Economic Growth

04 05
 Contributing to the development of decarbonization Realizing a hydrogen society
Creating about a sustanable and vibrant society through developments of solar, wind, and other renewable power sources. Driving to the broad social implementation of hydrogen energy using expertise in petroleum refining,

Uruma Mega Solar Power Plant Tokyo Oi Hydrogen Station

Renewable Energy F OCUS Hydrogen supply F OCUS

We have grown as a company that converts We have established an integrated system from
"primary energy," such as petroleum and coal, into About JRE production to sales of hydrogen by utilizing our Establishment of a CO2-Free
"final energy," such as gasoline and electricity, and
ENEOS acquired JRE's shares in January 2022,
know-how cultivated in the petroleum refining and Hydrogen Supply Chain
provided a stable supply to society. Currently, the marketing business. We have 47 hydrogen stations (as
and JRE became a member of our group. JRE
energy industry is facing a major transition toward of the end of June 2022) mainly in four major We are working to build a CO2-free hydrogen
is one of the Japan's leading renewable
decarbonization economy. metropolitan areas), which supply hydrogen not only supply chain in Japan and abroad in anticipation
energy companies with advanced power
In response to these trends, we are working to to passenger car-type fuel cell vehicles but also to fuel of a full-scale, mass-consumption society of
development capabilities. ENEOS will further
hydrogen for decarbonization society. Overseas,
expand our renewable energy business, including develop and accelerate its business by cell buses used for public transportation. We also
we are leveraging our extensive alliances in
solar, wind, and biomass, and together with Japan combining the knowledge which has been supply CO2-free hydrogen produced from renewable Australia, the Middle East, and Asia to verify the
accumulated in our energy business.
Renewable Energy (JRE), a newly joined company energy sources. In 2021, at the Yokohama Asahi feasibility of mass supply of inexpensive
to our group, we operate 82 renewable energy ENEOS' and JRE's renewabl Hydrogen Station, we were the first company in Japan hydrogen. MCH (methylcyclohexane), a hydrogen
power plants in Japan. In order to contribute to the power plants in Japan to begin the production and commercial sale of carrier that enables large-scale transportation of
(as of March 2022, based on shareholding) hydrogen from overseas, is similar in properties to
realization of decarbonization society, we will ● Biomass 2 sites 91,000 kW
CO2-free hydrogen.
petroleum and can therefore utilize our existing
continue to actively promote the development of ● Mega solar 72 sites 415,000 kW
facilities for transportation and storage, giving us a
● Wind Farm 8 sites 86,000kW
the power sources and aim to become a leading cost advantage. Furthermore, in 2019, we have
Total 82 sites 592,000 kW Tokyo Metropolitan Area (31 locations)
renewable energy provider in Japan. Tokyo Prefecture: 8 locations (including 1 mobile location) succeeded in verifying technology to produce
Kanagawa Prefecture: 13 locations (including 7 mobile locations)
Chiba Prefecture: 3 locations
MCH from renewable energy sources at low cost.
Saitama Prefecture: 6 locations (including 3 mobile location)
Ibaraki Prefecture: 1 location (mobile)
We are currently
working on
Northern Kyushu scale-up
(5 locations)
Shizuoka Prefecture: 5 locations verification of
the production
volume.
Kansai Area (3 locations) Chukyo Area (8 locations)
Osaka Prefecture: 2 locations Aichi Prefecture: 8 locations Image of the power generation and
Kyoto Prefecture: 1 location
electrolyzer facility that ENEOS is
considering building in Australia
Tsuruoka Hachimoriyama Wind Farm Map of ENEOS Hydrogen Stations

06 07
 Expansion of local services Expansion of local services

EV-related services Mobility and Lifestyle

With an eye on the future spread of EVs, we aim to support Services
expand our EV quick and standard chargers network
We are committed to creating mobility and life
through service stations and collaboration with other
support services through our nationwide
companies. We aim to install more than 1,000 EV
network of service stations. In the mobility field,
quick chargers by 2025, and up to 10,000 by 2030. In
we offer car sharing, car leasing, and other highly
addition to the route charging business (charging on
convenient services that cater to lifestyles
the route of travel) , we will work to develop services
without car ownership. In the area of life support
for basic charging (charging at home) in conjunction
services, we are taking advantage of our service
with "ENEOS Denki" and related services such as EV
stations' community-based and nearest location
leasing, sharing, and maintenance.
to create highly convenient stores with
convenience stores and coin laundromats.

ENEOS Laundry

Reduction of environmental impact Toward a decarbonization, Recycling-Orienterd Society

Development of fuel Efficient Use of

-efficient tire materials EV Storage Batteries
In the mobility field, we provide materials that We are building a lease, reuse and recycl
reduce environmental impact. SSBR (solution model for EV bus storage batteries in
polymerization styrene-butadiene rubber), an par tnership with BYD Japan. The batteries
elastomer material, is a raw material for are leased to the bus operating companies,
fuel-efficient tires that is environmentally friendly given a second life as renewable energy
and maintains reliable and safe storage batteries when they reach the end of
stopping performance. their bus-usage lifespans, and finally
dismantled and recycled as raw materials.

Recycle
Materials

Lease Efficient Material-Level Breakdown

and Collection
Use of
EV Storage Battery
EV Storage Stationary Storage Battery
Batteries

Reuse Local Production and

Consumption of Energy

SSBR for fuel-efficient tires An circular model for efficient use of EV storage batteries

08 09
 Stable Supply of Energy Add High Value to Petroleum
For various energy needs , realizing stable supply through a integrated value chain Supplying petrochemicals from manufacturing bases all over the world

Kawasaki Refinery

Petroleum Refining & Marketing F OCUS Petrochemicals F OCUS

We support a stable supply of petroleum products that are Petrochemical products have become indispensable in all aspects
essential to our daily lives throughout our supply chain from Digital Transformation of our lives, from plastic and polyester clothing to automotive Waste Plastic Recycling
tires, paints, and more. We have the greatest supply capacity* in
procuring the crude oil to refining it and selling petrolium (DX) Initiatives each nation in Asia for paraxylene, the raw material used to
Business Creation
products at our appropriately more than 1,200 ENEOS service
stations. Furthermore,we implement a variety of programs at We are shifting to automation at our produce polyester, and propylene, which is used to make plastics - One environmentally-friendly business
our service station to refineries and creating innovative new substances that will continue to see rising demand in the future. we are pursuing developing
products and services through Furthermore, we are also emphasizing derivative products, which technologies for chemical recycling of
address various customer
combinations of advanced digital are expected growing demand for in waste plastics to reuse them for the
needs, such as technologies, such as AI and diverse production of petroleum and other
the future. Quite recently,we began
incorporating forms of data. Furthermore, in July 2020 petrochemical products. This involves
turning refineries into chemical
convenience store or cafe we launched CDO Office dedicated to use of refineries to break down waste
advancing DX, further accelerating refineries to accommodate increased plastics into oils that are usable as raw
facilities.
"EneJet", the Self Service Station Brand movement toward digitalization. production of petrochemicals. materials for petroleum and
Clothes made with polyester, fiber
External sales basis petrochemical products. We are
Electricity and Gas Provider
made from processed paraxylene
Improving The Efficiency of working on this technology in
Our Base Businesses partnership with Mitsubishi Chemical at
We began providing home electric power under the ENEOS Denki
brand in April 2016, available throughout Japan* as of June 2020.
●Efficient refinery operation
●Improve the efficiency of supply and logistics
Lubricants the Kashima industrial complex.

As of end of March, 2022, appropriately 1,010,000 households ●Efficient operation of service stations We see lubricants as a technology-based product that supports global Petrochemical Products

have chosen ENEOS Electric as their electricity provider. industries. We manufacture and sell lubricants for a wide range of
Creating Innovative applications, including automotive, industrial, and marine, Use/Waste
Furthermore, we also launched city gas services for households New Products and Services Waste
under the ENEOS city gas brand in February 2018, within "the incorporating our proprietary technologies. We
●Building a business model through Petroleum Refining Plastic Collection
Tokyo area " covered by Tokyo Gas Co., Ltd. As of end of March, matching are also developing next-generation lubricants for Recycling
2022, ENEOS city gas supplies roughly 120,000 households. ●Digital marketing electric vehicles. We hold roughly 30 marketing
Breakdown
●Speed up and improving the efficiency of hubs and over 70 manufacturing bases (including (Reduction to Oil)
*Excluding Okinawa and outlying islands development of new materials and media
●Participating in the energy platform contracted bases) in Asia, North and South
business America, the Middle East, and other regions. We Waste plastic recycling concept
are expanding our overseas business even further "ENEOS X PRIME",
ENEOS Denki and ENEOS Toshi Gas brand logos
marine. New Service Station Oil

10 11
 Open Innovation Corporate Citizenship
ENEOS Group's Challenge to New Fields Seeking Solutions to Social Issues
In order to realize our long-term vision and to be a company with a strong presence in 2040, we are actively We care about finding solutions for social issues. Headquarters, refineries, plants and our group commpanys take part in
engaged in open innovation. In 2019, we established“ENEOS Innovation Partners,”a 100% ENEOS Holdings-owned projects that contribute to the society throughout the year.
corporate venture capital firm, to invest in and promote collaboration with startups in Japan and overseas that
possess innovative technologies and business ideas.
Supporting Sports and Culture
Click here for the ENEOS Innovation Partners website⇒
Support for Disabled Sports Children's Cultural and Music Awards
In order to support wheelchair The Children's Culture Award (founded

Pursuing collaboration with start-up companies in three core domains

basketball and baseball for the in 1966) and the Music Awards
disabled, We have sponsored the Japan (founded in 1971) are presented by
Wheelchair Basketball Federation since our Group to recognize contributions
Investees (as of March 2022) 2006, and the Japan Dream Baseball to the development and improvement
League since 2007, and the Japan Deaf of music and children's culture in
Basketball Association, a specified Japan, and to encourage future
non-profit organization, since 2019. achievements.Recipient of the
Many of our employees and their Awardare selected from a variety of
families attend the tournaments to fields, such as children's illustrator,
cheer for the athletes and also educator, children's newspaper editor,
volunteer to provide operational chair of musical production.
support and assistance.

Supporting Sports and Culture / Childcare Support

Basketball Clinics ENEOS Baseball Lessons
Since 1995, we have hosted The ENEOS baseball team's players
around 70 basketball clinics each and OB host baseball lessons all
year for elementary school and over Japan. The lessons are
junior high school students, at designed to promote the sport to
locations all around Japan. The local elementary and middle
clinics are aimed to popularize school children, teaching them
basketball and teach basketball play techniques.
techniques by active players,
staff and alumnae from the
ENEOS Sunflowers.

Childcare Support

Other Open Innovation Sponsorship of basketball tournament A Bouquet of Children's Stories

We have been a co-sponsor of the Every year since 1970, we have called for submissions from the general public of
"Winter Cup National High School original children's literature on the theme of "heart-to-heart contact.The stories
Collaboration with Academic Institutions Investment in Venture Capital Funds
Basketball Championship＊1" since 1996, selected for the top prizes in the ENEOS Children's Story Award, as well as those
and the "Jr. Winter Cup U15 Japan selected for honorable mention, are
Tokyo Institute of Technology/LG Yokohama National University June 2019 Partners No. 3 Fund Basketball Championship＊2" and the“All published in a book called 'A
Joint Research Chair in High Functional Materials Development of Technology for Structure Japan Mini Basketball Games”since Bouquet of Children's Stories.' We
Development and Separation of Fine Particles October 2021 Westly Capital Partners Fund IV, L.P. 2016. At each convention, ENEOS donate copies of the book to
Waseda University ENEOS Lab booths are exhibited to promote the educational institutions and welfare
November 2021 Emerald Industrial Innovation Fund L.P. convention. Through sponsorship of facilities nationwide, as well as to
Innovative technical research for CO2 reductions
these competitions, We are promoting Japanese schools overseas, etc. As of
*1: Including the All Japan High School Basketball
the development of the next generation 2020, the program had supported a
Tournament
of athletes, including those who will play *2: Including the Inter-Prefectural Junior Basketball total of 7,235 children with 710
Internal Venture Program an active role in Japan's national team. Tournament million yen of funds.

Business Creation Initiative Environmental Conservation

Forest Stewardship Activities in ENEOS no Mori Greenbelt Biodiversity Conservation
We are fostering a corporate culture that embraces challenges and accepts failure as
a learning an opportunity at the same time as its collaboration with outside entities. We conduct the forest stewardship The biotope at the Chita Office and the
The Challenge X program, which aims to foster in-house entrepreneurship to commercialize activities at 7area across Japan in greenbelt built at the Negishi Refinery
the ideas of individual employees, is one such initiative. partnership with local governments, both form biological networks that
Any employee can freely submit their own ideas, and those who score high in the evaluation the National Land Afforestation connect with neighboring green

will then be allowed to start their own internal ventures. We will accelerate the creation of Promotion Organization (NLAPO) areas, and are home to a variety of
and others. We work on forest species. Our internal biodiversity
new value by utilizing the unique ideas of a diverse range of human resources.
conversation initiatives, inviting conservation initiatives have won high
members of specialized non-profits praise, as well as recognition as an
FY2019 : Driving Tourism for Foreigners Iza-jp in each area to plant trees, cut grass Enterprize in Harmony with Natural
FY2020 : Proposal for a dry ice workwear and manufacturing equipment leasing business to combat heat stroke and underbrush, and otherwise help Life by the Association for Business
Past Grand Prize winners Proposal for a business for manufacturing and selling mashed food seasonings conserve forests alongside Group Innovation in Harmony with Nature
FY2021 : Rebuilding the domestic timber supply chain "ENEOS Forest Ecosystem employees and their families. and Community.
Sales of Carbon Neutral Gasoline - Aiming for Net Zero in the Transportation Sector

12 13
 Company Profile Locations

Overseas

ENEOS Group Philosophy

③
① ④ ⑪ ⑨
Mission ② ⑩
⑫
Harnessing the Earth’
s power for the common good and for the day-to-day life of each individual,
we will contribute to the development of our communities and help to ensure a vibrant future through creation and ⑤ ⑥
⑮ ⑬
innovation in energy, resources, and materials ⑱ ⑭ ⑯
⑦ ⑳
⑰
⑲
⑧
Our Core Values

As a member of the community Supporting day-to-day life For a vibrant future

High ethical standards Taking on challenges

■Manufacturing site
Based on our core principles of Taking changes in stride, we ●Sales hub, office, etc.

integrity and fairness, we Focus on customers rise to the challenge of creating (Including mergers and
companies invested in)
conduct all of our business We strive to meet the new value while seeking
activities in accordance with our expectations and evolving innovative solutions for today
high ethical standards needs of our valued and tomorrow. ① JX Nippon Finance Netherlands B.V. ⑬ ENEOS (Shanghai) Trading Co., Ltd. Petro National Pty Ltd. PT. Nippon Oil Indonesia
customers and of society as a ENEOS Netherlands Shanghai/Beijing/Guangzhou, China South West Fuel Centre Pty Ltd. Jakarta, Indonesia

whole through the reliable Moving forward Amsterdam, Netherlands ⑭ ENEOS Materials Trading Shanghai Oilsplus Holdings Australia Proprietary Ltd. JX Nippon Oil & Energy USA Inc. Los Angeles

Health, safety, provision of products and

② ENEOS Europe Limited
London, UK
Shanghai, China
⑮ ENEOS (Guangzhou) Lubricants Corp.
ENEOS Australia Pty Ltd.
Sydney, Australia
Branch Office
Los Angeles, USA
Looking to the future, we
and environment services, while creating new continue to grow, both as
③ JX Nippon Oil &
Energy（RUS） , LLC
Guangzhou, China
⑯ Elastomix Foshan
ENEOS Korea Corporation
Seoul, Korea
Nippon Chemical Texas Inc.
Sunrise Chemical LLC

We give the highest priority to value as only we can. individuals and as a company,
Moscow, Russia Foshan, China ENEOS Materials Korea Pasadena, USA
④ ENEOS Materials Europe ⑰ JX Nippon TWO Lubricants Seoul, Korea ENEOS USA Inc.
health, safety and environmental through the personal and Dusseldorf, Germany INDIA Pvt. Ltd. Yubase Manufacturing Asia Co., Ltd. Chicago, USA
initiatives, which are vital to the professional development of ⑤ ANCI SAS ⑱ ENEOS Materials India Ulsan, Korea ENEOS Materials America
Provence, France Gurugram, India Mi Chang Oil Industry Co., Ltd. Milford, USA
well-being of all living things. each and every employee. ⑥ ENEOS MOL Synthetic Rubber ⑲ ENEOS （Thailand） Ltd. Busan, Korea ENEOS Americas Inc.
Budapest, Hungary Bangkok, Thailand ENEOS HIGH PERFORMANCE MATERIALS New York Office
⑦ ENEOS Middle East & Africa FZE ⑳ BST ENEOS Elastomer (TAIWAN) CO., LTD. New York, USA
Dubai, UAE Bangkok, Thailand Taipei, Taiwan JX Nippon Oil & Energy USA Inc.
⑧ Abu Dhabi Office Elastomix Thailand TAIWAN ENEOS CO., LTD. Lubricants Alabama Plant

The ENEOS Group

Abu Dhabi, UAE Rayog, Thailand Kaohsiung, Taiwan Childersburg, USA
⑨ Tianjin Nisseki Lubricants ＆ PETRONAS Chemicals Aromatics Sdn Bhd ENEOS Philippines ANCI, Inc. Roanoke Plant
Grease Co., Ltd. Kerteh, Malaysia Manila, Philippines Roanoke, USA
Tianjin, China Kuala Lumpur Office ENEOS Vietnam Consulting and Holdings ENEOS Americas Inc. Houston Office
Become one of the most prominent and ⑩ ENEOS Materials Tianjin Technical Kuala Lumpur, Malaysia Co., Ltd. Houston, USA

internationally-competitiveenergy and materialscompany groups in Asia

Center ENEOS Oil & Energy Asia Pte. Ltd. Hanoi, Vietnam ENEOS Mexico, S.A. de C.V.
Tianjin, China ENEOS ItalSing Pte. Ltd. ENEOS Vietnam Co., Ltd. Mexico City, Mexico
⑪ (Beijing) Enterprise Management Co., Singapore Hanoi/Hai Phong/Ho Chi Minh City, Vietnam ENEOS do Brasil Comércio de Lubrificantes
Ltd. Singapore Office PT. JX Nippon Oil & Ltda.

JX Nippon Oil & Gas Exploration Corporation Beijing, China

⑫ Shanxi Japan Energy Lubricants Co.,
Singapore Energy Lubricants Indonesia
Bekasi, Indonesia
São Paulo, Brazil
Elastomix Mexico
ENEOS Holdings Ltd. Elastomix Indonesia Guanajuato, Mexico

90
Yangquan/Taiyuan, China Karawang, Indonesia
Crude oil and
natural gas production thousand barrels/day
Crude oil equipment (FY 2021 actual)

ENEOS Energy Japan

A leap forward to become JX Nippon Mining & Metals (Metals) Head Office
Chiba Refinery（OIREC）
a standout market leader
Market Share of domestic sales of
petroleum products※1
50％
Equity entitled
copper mine production 190 thousand tons/year
Kawasaki Refinery

Yokohama Plant
Fiscal Year 2021 actual - No. 1 in Japan contained in copper concentrate (FY 2021 actual) Negishi Refinery
※1 Sum of gasoline, kerosene, diesel fuel and fuel oil A sales volume
Central Technology Research Lab

Estableshed presence in the global market Refined copper

production capacity 450 thousand tons/year

3.23million tons/year
No. 1 in
external sales Electronic materials with world No.1 market shares
Paraxylene: basis in Asia Mizushima Refinery
Sendai Refinery
Marifu Refinery

1.64million tons/year
No. 1 in
external sales
Propylene: basis in Asia
Market-listed affiliates: Oita Refinery Kashima Refinery (KASHIMA OIL CO., LTD.)

TOHO TITANIUM, Japan Oil Transportation, Wakayama Refinery

Maruwn, and others Sakai Refinery ▲Headquarters ◆Research lab ●Refinery/Plant

14 15