Overview
Oil and Coal Products

ENEOS Holdings,Inc.

ENEOS Holdings is Japan's largest energy conglomerate, operating through subsidiaries engaged in petroleum products, oil and natural gas exploration and development, functional materials, electricity, and renewable energy. The group is actively pursuing an energy transition strategy, targeting a 50% reduction in CO₂ emissions intensity (CI) by around 2040. Following the 2025 Tokyo Stock Exchange listing of JX Metals Corporation, the group has refocused its core segments on energy and functional materials businesses.

Market Cap
¥3,779B
US$24.1B
EV
¥6,053B
US$38.6B
Stock¥1,418▼-0.70%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.9
x
LTM EV/EBIT
6.3
x
LTM PER
5.5
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+27.4%pt
10012
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 4, 26Market-wide: Decline on interest rate concerns
2Mar 18, 26Market-wide: Rise on monetary easing hopes
MC → EV Bridge
3,779BUS$24.1BMarket Cap2,388BUS$15.2B+ Debt470BUS$3.00B− Cash29.0BUS$185M− Inv. Sec.385BUS$2.46B+ NCI6,053BUS$38.6BEV
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Performance & Balance
Revenue 5Y (¥B)
10,922US$69.7B'22/315,017US$95.8B'23/313,857US$88.4B'24/312,322US$78.6B'25/311,765US$75.0B'26/3
EBITDA 5Y (¥B)
1,118US$7.13B'22/3631US$4.03B'23/3799US$5.10B'24/3471US$3.00B'25/3796US$5.08B'26/3
Net Income 5Y (¥B)
537US$3.43B'22/3144US$917M'23/3288US$1.84B'24/3226US$1.44B'25/3259US$1.65B'26/3
Capital Structure
61%
39%
EquityD/E 0.64xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
547US$3.49B3,218US$20.5B'22/3312US$1.99B3,561US$22.7B'23/3776US$4.95B3,268US$20.8B'24/3847US$5.40B2,676US$17.1B'25/3877US$5.59B2,616US$16.7B'26/3
Shareholders
Top 10 hold 31.5%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
15.36%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.24%
3
STATE STREET BANK AND TRUST COMPANY505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.68%
4
Kochi Shinkin Bank
1.71%
5
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.40%
6
BNYM AS AGT/CLTS 10 PERCENT (Standing Proxy: MUFG Bank, Ltd.)
1.09%
7
JPMorgan Securities Japan Co., Ltd.
1.04%
8
JP MORGAN CHASE BANK 385771 (Standing Proxy: Mizuho Bank, Ltd.)
1.04%
9
BNYM AS AGT/CLTS NON TREATY JASDEC (Standing Proxy: MUFG Bank, Ltd.)
1.00%
10
SMBC Nikko Securities Inc.
0.99%
Management
10 officers
Tomohide MIYATA
Representative Director, President and Executive Officer
Apr 1990: Joined Tonen K.K. Jul 2008: Executive Officer, Tonen General Sekiyu K.K. (General Manager, Wakayama Refinery) Mar 2011: Director, Tonen General Sekiyu K.K. (General Manager, Wakayama Refinery) Jun 2012: Managing Director, Tonen General Sekiyu K.K. (General Manager, Kawasaki Refinery) Mar 2016: Senior Managing Director, Tonen General Sekiyu K.K. (General Manager, Refining and Logistics Division) Apr 2017: Director and Managing Executive Officer, JXTG Nippon Oil & Energy Corporation (Deputy General Manager, Manufacturing Division) Apr 2022: Executive Vice President and Executive Officer, ENEOS Holdings, Inc. (Assistant to the President); Executive Vice President and Executive Officer, ENEOS Corporation (Assistant to the President; in charge of Hydrogen Business Promotion Department and Hydrogen Technology Department) Jun 2022: Director, Executive Vice President and Executive Officer, ENEOS Holdings, Inc. (Assistant to the President); Director, Executive Vice President and Executive Officer, ENEOS Corporation (Assistant to the President; in charge of Hydrogen Business Promotion Department and Hydrogen Technology Department) Oct 2022: Representative Director, Executive Vice President and Executive Officer, ENEOS Holdings, Inc. (Assistant to the President); Representative Director, Executive Vice President and Executive Officer, ENEOS Corporation (Assistant to the President; in charge of Hydrogen Business Promotion Department and Hydrogen Technology Department) Apr 2024: Representative Director, President and Executive Officer, ENEOS Holdings, Inc. Jun 2024: Representative Director, President and Executive Officer, ENEOS Holdings, Inc. (current)
1965-05-08
Soichiro TANAKA
Representative Director, Executive Vice President and Executive Officer, CFO
Apr 1987: Joined Nippon Oil Corporation Apr 2019: Executive Officer (General Manager, Accounting Department), JXTG Nippon Oil & Energy Corporation Jun 2020: Managing Executive Officer (in charge of Accounting, Finance & IR, and Public Relations Departments), ENEOS Holdings, Inc.; Managing Executive Officer (in charge of Accounting, Finance & IR, and Public Relations Departments), ENEOS Corporation Apr 2024: Executive Vice President and Executive Officer, CFO, ENEOS Holdings, Inc. Apr 2024: Director (part-time), ENEOS Corporation (current) Apr 2024: Director (part-time), JX Oil & Gas Exploration Corporation Apr 2024: Director (part-time), ENEOS Materials Corporation Apr 2024: Director (part-time), ENEOS Power Corporation (current) Apr 2024: Director (part-time), ENEOS Renewable Energy Corporation (current) Jun 2024: Representative Director, Executive Vice President and Executive Officer, CFO, ENEOS Holdings, Inc. Apr 2025: Representative Director, Executive Vice President and Executive Officer, CFO, ENEOS Holdings, Inc. (in charge of Accounting, Finance, and Investor Relations Departments) Apr 2026: Representative Director, Executive Vice President and Executive Officer, CFO, ENEOS Holdings, Inc. (in charge of Sustainability Promotion Office, Accounting, Finance, and Investor Relations Departments) (current)
1963-04-18
Tetsuro TOMITA
Outside Director
Apr 1974: Joined Japanese National Railways Apr 1987: Joined East Japan Railway Company Jun 2000: Director, General Planning Headquarters, Management Planning Department General Manager, East Japan Railway Company Jun 2003: Managing Director, Deputy General Manager, General Planning Headquarters, East Japan Railway Company Jul 2004: Managing Director, Deputy General Manager, General Planning Headquarters; General Manager, IT Business Department, General Planning Headquarters, East Japan Railway Company Jun 2005: Managing Director, Deputy General Manager, General Planning Headquarters, East Japan Railway Company Jun 2008: Representative Director and Senior Managing Director, General Manager, Business Creation Headquarters, East Japan Railway Company Jun 2009: Representative Director and Senior Managing Director, General Manager, General Planning Headquarters, East Japan Railway Company Apr 2012: Representative Director, President, General Manager, General Planning Headquarters, East Japan Railway Company Jun 2012: Representative Director, President, East Japan Railway Company Apr 2018: Chairman of the Board, East Japan Railway Company Jun 2020: Outside Director, Nippon Steel Corporation Jul 2020: Outside Director, Nippon Life Insurance Company (current) Jun 2022: Outside Director, ENEOS Holdings, Inc. (current) Apr 2024: Senior Adviser, East Japan Railway Company (current)
1951-10-10
Toshiko OKA
Outside Director
Apr 1986: Joined Tohmatsu & Touche Consulting Co., Ltd. Jul 2000: Joined Asahi Arthur Andersen Co., Ltd. Sep 2002: Principal, Deloitte Touche Tohmatsu Consulting Co., Ltd. (now Accenture Japan Ltd.) Apr 2005: Representative Director and President, ABeam M&A Consulting Co., Ltd. Apr 2016: Partner, PwC Advisory LLC Jun 2016: Outside Director, Hitachi Metals, Ltd. (now Proterial, Ltd.); Outside Director, Mitsubishi Corporation Jun 2018: Outside Director, Sony Corporation (now Sony Group Corporation) Jun 2019: Outside Director, Happinet Corporation (current) Jun 2020: Outside Director, Audit and Supervisory Committee Member, ENEOS Holdings, Inc. Apr 2021: Full-time Professor, Graduate School of Global Business, Meiji University (current) Jun 2021: Outside Director, Hitachi Construction Machinery Co., Ltd. (current) Jun 2023: Outside Director, ENEOS Holdings, Inc. (current) Mar 2024: Outside Director, Earth Corporation (current)
1964-03-07
Hiroko KAWASAKI
Outside Director
Apr 1987: Joined Nippon Telegraph and Telephone Corporation (now NTT, Inc.) Jul 2006: General Manager, Diversity Promotion Office, Human Resources Department, NTT DOCOMO, INC. Jun 2010: General Manager, Shizuoka Branch, Tokai Branch Office, NTT DOCOMO, INC. Jun 2012: General Manager, Customer Service Department, NTT DOCOMO, INC. Jun 2014: General Manager, CSR Department, NTT DOCOMO, INC. Jun 2017: Executive Officer, General Manager, Hokuriku Branch Office, NTT DOCOMO, INC.; Representative Director and President, DOCOMO CS Hokuriku, Inc. Jun 2020: Executive Officer, General Manager, Marketing Department, NTT DOCOMO, INC. Jun 2021: Managing Director, DOCOMO Systems, Inc. Jun 2022: Director, Full-time Audit and Supervisory Committee Member, NTT DOCOMO, INC. Jun 2023: Outside Director, Audit and Supervisory Committee Member, ENEOS Holdings, Inc. Jun 2024: Outside Director, Mitsubishi Shokuhin Co., Ltd.; Outside Director, ENEOS Holdings, Inc. (current) Mar 2025: Outside Director, THK Co., Ltd. (current) Jun 2025: Outside Director, Audit and Supervisory Committee Member, Nomura Research Institute, Ltd. (current)
1963-09-21
Hisanori MAKAYA
Outside Director
Apr 1982: Joined Fuji Photo Film Co., Ltd. (now FUJIFILM Holdings Corporation) Jun 2015: Executive Officer, FUJIFILM Corporation Dec 2016: Director and Executive Officer, FUJIFILM Corporation Jun 2017: Director and Managing Executive Officer, Fuji Xerox Co., Ltd. (now FUJIFILM Business Innovation Corp.) Jun 2019: Director and Senior Managing Executive Officer, FUJIFILM Business Innovation Corp. Apr 2021: Representative Director, President and CEO, FUJIFILM Business Innovation Corp. Apr 2022: Chairman of the Board, FUJIFILM Business Innovation Corp. Jun 2024: Outside Director, NGK Spark Plug Co., Ltd. (current) May 2025: Outside Director, Yaskawa Electric Corporation (current) Jun 2025: Outside Director, ENEOS Holdings, Inc. (current)
1958-05-02
Tomoo SHIODA
Director, Full-time Audit and Supervisory Committee Member
Apr 1988: Joined Nippon Oil Corporation Apr 2018: General Manager, Hydrogen Business Promotion Department, New Energy Company, JXTG Nippon Oil & Energy Corporation Apr 2020: Executive Officer (General Manager, Hydrogen Business Promotion Department), JXTG Nippon Oil & Energy Corporation Apr 2023: Assistant to the President, ENEOS Corporation Jun 2023: Director, Full-time Audit and Supervisory Committee Member, ENEOS Holdings, Inc. (current); Full-time Audit & Supervisory Board Member, ENEOS Corporation Jun 2024: Audit & Supervisory Board Member (part-time), ENEOS Corporation Jun 2024: Audit & Supervisory Board Member (part-time), JX Oil & Gas Exploration Corporation (now ENEOS Xplora Corporation) (current) JX Metals Corporation: Director, Audit and Supervisory Committee Member Mar 2025: Outside Director, Audit and Supervisory Committee Member, JX Metals Corporation (current)
1965-01-22
Mayumi TOCHIGI
Outside Director, Full-time Audit and Supervisory Committee Member
Sep 1991: Joined Deloitte & Touche LLP Oct 1995: Joined J.P. Morgan Securities Co., Ltd. (now J.P. Morgan Securities Japan Co., Ltd.) Mar 2003: General Manager, Internal Audit Department, J.P. Morgan Securities Co., Ltd. Jun 2007: Head of Compliance Testing Group, Asia Pacific, J.P. Morgan Securities Co., Ltd. Mar 2013: Head of Compliance and Risk Assessment, Asia Pacific, J.P. Morgan Securities Co., Ltd. Sep 2013: Executive Officer, Chief Administrative Officer and Compliance Officer, Standard & Poor's Rating Japan Ltd. (now S&P Global Ratings Japan, Inc.) Jan 2019: Executive Officer, Head of Internal Audit Office, Mercari, Inc. Sep 2019: Full-time Audit & Supervisory Board Member, Mercari, Inc.; Audit & Supervisory Board Member, Merpay Inc. Apr 2021: Audit & Supervisory Board Member, Mercoin Inc. Sep 2023: Director, Mercari, Inc. (current) Jun 2024: Outside Director, Audit and Supervisory Committee Member, ENEOS Holdings, Inc. Oct 2024: Outside Director, Full-time Audit and Supervisory Committee Member, ENEOS Holdings, Inc. (current) ENEOS Corporation: Audit & Supervisory Board Member (part-time) (current)
1967-10-25
Hiroyuki KANNO
Outside Director, Audit and Supervisory Committee Member
Apr 1980: Appointed Assistant Judge Apr 1995: Research Judge, Supreme Court of Japan Jul 2002: Presiding Judge, Tokyo District Court Mar 2012: Presiding Judge, Mito District Court Apr 2014: Presiding Judge, Tokyo High Court Feb 2015: President Judge, Osaka High Court Sep 2016: Justice, Supreme Court of Japan Aug 2022: Registered as Attorney-at-law; Adviser, Nagashima Ohno & Tsunematsu (current) Jun 2024: Outside Director, Audit and Supervisory Committee Member, ENEOS Holdings, Inc. (current)
1952-07-03
Akiko TOYODA
Outside Director, Audit and Supervisory Committee Member
Apr 1992: Joined The Dai-Ichi Kangyo Bank, Ltd. (now Mizuho Bank, Ltd.) Sep 2000: Investor Relations Department, Mizuho Holdings, Inc. (now Mizuho Financial Group, Inc.) Jan 2001: Investment Banking Division, Mizuho Securities Co., Ltd. Oct 2006: Director, Lazard Frères K.K. Oct 2008: Senior Director, Huron Consulting Group K.K. Dec 2011: Managing Director, Mizuho Corporate Advisory Co., Ltd. (now Mizuho Bank, Ltd.) Oct 2016: Head of Global M&A Advisory, PwC Advisory LLC Jul 2018: Partner, PwC Advisory LLC Jun 2023: Outside Director, Audit and Supervisory Committee Member, Tamura Corporation (current); Senior Adviser, PwC Advisory LLC Jun 2024: Outside Director, Audit and Supervisory Committee Member, ENEOS Holdings, Inc. (current) Oct 2024: Representative Partner, AKTY & Co. (current) Mar 2025: Outside Director, J-AC Recruitment Co., Ltd. (current)
1968-12-27
Large Shareholding Reports
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-07-06
3.38%→2.37%
BlackRock Fund Advisors
2026-03-04
2.15%→2.41%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.61%→3.38%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-06
Large Shareholding Report
EDINET
2026-06-23
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-03-04
Large Shareholding Report
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-24
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-05-12
中期経営計画
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-26
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-05-11
中期経営計画
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-28
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
EDINET
2020-01-01
中期経営計画
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