Interview with the President Toward an Internationally Competitive Energy Company 06 Cosmo Oil Co., Ltd. Annual Report 2015
Regarding Japans Petroleum Industry What are your thoughts on the current status and future of the petroleum industry Q. 01 Looking at trends in global crude oil prices throughout fiscal 2014 ended March 2015, the price of West…
Regarding the Fifth Consolidated Medium-Term Management Plan and Long-Term Vision Under the environment that you have described, how will the Cosmo Oil Group go about securing growth Q. 02 Can you also elaborate on the progress made…
Basic Policy The Cosmo Oil Group Aims to Become a Vertically Integrated Global Energy Company Regain profitability in the refining & marketing sector Resource Development Secure stable income from investments determined during the…
Development Schedule for the Hail Oil Field toward At the same time, we have made concrete progress in recouping strategic investments made during the period Start of Production of the previous medium-term management plan. In specific…
Progress of Priority Measures in the 5th Consolidated Medium-Term Management Plan (Unit: billion yen) FY2013 FY2014 FY2015 FY2016 FY2017 Ordinary Income Change of Transformation to a holding company and a company with audit and…
Regarding the Purpose and Background behind the Transformation to a Holding Company Cosmo Oil has announced details of its decision to transform itself into a holding company. Q. 03 What do you hope to achieve and what are your…
Regarding Efforts to Strengthen Governance through the Transformation to a Holding Company In conjunction with the transformation to a holding Company, Cosmo Oil is also taking up the governing format Q. 04 of a company with an audit…
Regarding the Companys Financial Strategy In fiscal 2014, the Company implemented a series of measures in line with its Fifth Medium-Term Management Plan. Q. 05 At the same time, the Company took steps to improve its financial…
Turning to efforts aimed at improving our financial position, we have continued to streamline our balance sheet through various measures, including the divestment of businesses on the basis of profitability. This comes in the wake of…
In closing, can you elaborate on the Companys approach toward the payment of dividends Q. 06 We have been forced to forego the payment of a dividend for fiscal 2014 due mainly to the loss on inventory A. 06 valuation attributable to…
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