ITOCHU ENEX : Announces the Conclusion of a Basic Agreement with BIGMOTOR Co., Ltd.
November 16, 2023
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ITOCHU ENEX Announces the Conclusion of a Basic Agreement with BIGMOTOR Co., Ltd.
ITOCHU ENEX CO., LTD. (headquartered in Chiyoda-ku, Tokyo), ITOCHU Corporation (headquartered in Minato-ku, Tokyo), and J-Will Partners Co., Ltd. (headquartered in Chiyoda-ku, Tokyo) have concluded a basic agreement with Big Motor Co., Ltd. (headquartered in Tama-city, Tokyo) and will begin Due Diligence to verify the feasibility of restructuring the business operated by Big Motor.
Itochu Enex Co. Ltd. published this content on 17 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2023 05:14:16 UTC.
Itochu Enex Co Ltd is a Japan-based company mainly engaged in home-life business, car-life business, industrial business, and power and utility business. The Company operates through four segments. The Home Life Business segment is engaged in the sale and provision of services of liquefied petroleum (LP) gas, kerosene, electric power, life-related equipment and smart energy equipment. The Car Life Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, electric power, and automobiles. The Industrial Business segment is engaged in the sale and provision of services of gasoline, kerosene, light oil, heavy oil, LP gas, and gas-to-liquid (GTL) fuel, the import and export of petroleum products, and the lease of terminal tanks. The Power & Utility Business segment is engaged in electric power generation, steam, district heating service, comprehensive energy service, electric heat supply service, asset management, and rental car business.