Itochu Enex Co.,Ltd. Announces Management Changes, Effective October 1, 2019; Announces Reorganization of Life & Industrial Energy Division
September 18, 2019 at 12:30 am EDT
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Itochu Enex Co.,Ltd. Announces changes in the position of officers at the board meeting held on September 10, 2019 as follows Kyosuke Wakamatsu changed to Director and Managing Officer, Chief Operating Officer, Home-Life Division, and Chief Operating Officer, Power & Utility Division from Director and Managing Officer Chief Operating Officer, Home-Life Division, Toshihisa Fuse changed to Director and Managing Officer, Chief Operating Officer, Industrial Business Division from Director and Managing Officer, Chief Operating Officer, Life & Industrial Energy Division, Fumio Shimizu changed to Director and Managing Officer, Chief Operating Officer, Car-Life Division from Director and Managing Officer, Chief Operating Officer, Power & Utility Division and Toshiyuki Tsuruoka changed to Executive Officer, Deputy Chief Operating Officer, Industrial Business Division from Executive Officer, Deputy Chief Operating Officer, Life & Industrial Energy Division. Changes are effective from October 1, 2019.
Company announced that Life & Industrial Energy Division will be reorganized into 2 Divisions; Car-Life Division and Industrial Business Division.
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.