Overview
Wholesale Trade

ITOCHU ENEX CO.,LTD.

ITOCHU ENEX is a comprehensive energy distribution and services company operating across four business segments: Home Life (LP gas, city gas, electricity, and smart energy for households), Car Life (fuel retail, automobile sales, and automotive services), Industrial Business (asphalt, marine fuels, renewable fuels, industrial gases, and energy solutions for corporate clients), and Power & Utility (power generation from solar, hydro, coal, and gas, electricity retail, and district heat supply). The company serves a broad range of customers from individual households to large industrial and commercial clients across Japan. A subsidiary of ITOCHU Corporation, the group leverages its trading house parentage to offer diversified energy products and is actively expanding into decarbonization solutions including renewable diesel blends ('FINE DIESEL') and low-carbon energy services.

Market Cap
¥255B
US$1.63B
EV
¥315B
US$2.01B
Stock¥2,260▲+0.00%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
6.1
x
LTM EV/EBIT
9.6
x
LTM PER
11.7
x
LTM PBR
1.4
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-4.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
255BUS$1.63BMarket Cap54.1BUS$345M+ Debt15.3BUS$97.8M− Cash6.58BUS$42.0M− Inv. Sec.27.8BUS$177M+ NCI315BUS$2.01BEV
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Performance & Balance
Revenue 5Y (¥B)
936US$5.97B'22/31,012US$6.45B'23/3963US$6.14B'24/3924US$5.90B'25/3851US$5.43B'26/3
EBITDA 5Y (¥B)
41.7US$266M'22/343.2US$276M'23/344.2US$282M'24/348.5US$309M'25/345.9US$293M'26/3
Net Income 5Y (¥B)
13.2US$84.1M'22/313.8US$88.2M'23/313.9US$88.6M'24/317.1US$109M'25/316.1US$102M'26/3
Capital Structure
78%
22%
EquityD/E 0.29xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
38.1US$243M90.6US$578M'22/332.0US$204M71.8US$458M'23/330.1US$192M58.9US$376M'24/313.9US$88.8M56.7US$361M'25/321.9US$140M57.0US$363M'26/3
Shareholders
Top 10 hold 74.6%
1
ITOCHU Corporation
55.71%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.07%
3
Custody Bank of Japan, Ltd. (Trust Account)
3.92%
4
ITOCHU ENEX CO.,LTD. Business Partners' Stock Ownership Association
2.50%
5
NORTHERN TRUST CO. (AVFC)RE FIDELITY FUNDS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
1.79%
6
Nippon Life Insurance Company
1.37%
7
ITOCHU ENEX CO.,LTD. Employee Stock Ownership Association
1.25%
8
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
0.73%
9
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
0.73%
10
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
0.57%
Management
12 officers
Nobuyuki TABATA
Representative Director, President
Apr 1990 Joined ITOCHU Corporation Apr 2011 Manager, Synthetic Resins Trading Section, Synthetic Resins Department, ITOCHU Corporation Apr 2013 General Manager, Energy & Chemicals Division, ITOCHU International Inc. (based in New York); President, ITOCHU Chemicals America Inc. Apr 2018 General Manager, Synthetic Resins Department, ITOCHU Corporation Apr 2021 General Manager, Chemicals Division and Synthetic Resins Department, ITOCHU Corporation Apr 2022 Executive Officer, General Manager, Chemicals Division, ITOCHU Corporation Apr 2024 Senior Executive Officer, General Manager, Chemicals Division, ITOCHU Corporation Apr 2025 Advisor, the Company Jun 2025 Representative Director, President, the Company (current)
1968-01-05
Kunio NISHIMURA
Director, Managing Executive Officer, General Manager, Car Life Division, and Officer in Charge of WECARS Co., Ltd.
Apr 1995 Joined the Company Apr 2017 President and Representative Director, ENEX Sekiyu Hanbai Nishi-Nihon Co., Ltd. (now ENEX Fleet Co., Ltd.) Apr 2019 General Manager, Human Resources & General Affairs Department, the Company Apr 2021 General Manager, Corporate Planning Department, the Company Dec 2021 General Manager, Corporate Planning Department and Human Resources & General Affairs Department, the Company Apr 2022 Executive Officer, General Manager, Corporate Planning Department, the Company Apr 2024 Executive Officer, the Company May 2024 Executive Officer and CAO, WECARS Co., Ltd. Apr 2025 Managing Executive Officer, General Manager, Car Life Division, and Officer in Charge of WECARS Co., Ltd., the Company Jun 2025 Director, Managing Executive Officer, General Manager, Car Life Division, and Officer in Charge of WECARS Co., Ltd., the Company (current)
1971-12-10
Satoshi WATANABE
Director, Executive Officer, CFO, CCO and General Manager, Corporate Division
Apr 1988 Joined ITOCHU Corporation May 2008 General Manager, IR Office, ITOCHU Corporation May 2013 General Manager, Finance Department, ITOCHU International Inc. (based in New York) Apr 2016 CFO and General Manager, Finance Department, ITOCHU International Inc. (based in New York) Apr 2017 CFO, General Manager, Corporate Planning Department and Finance Department, ITOCHU International Inc. (based in New York) May 2018 CFO, Machinery Company, ITOCHU Corporation Apr 2019 General Manager, Finance Department, ITOCHU Corporation Apr 2021 Executive Officer, General Manager, Finance Department, ITOCHU Corporation Apr 2023 Executive Officer, General Manager, Corporate Division No. 2; in charge of Corporate Planning Department and Investment Strategy Office, the Company Apr 2024 Executive Officer, CCO and General Manager, Corporate Division No. 2, the Company Apr 2025 Executive Officer, CCO and General Manager, Corporate Division, the Company May 2025 Executive Officer, CFO, CCO and General Manager, Corporate Division, the Company Jun 2025 Director, Executive Officer, CFO, CCO and General Manager, Corporate Division, the Company (current)
1964-08-07
Tetsuya YAMADA
Director
Apr 1991 Joined ITOCHU Corporation Apr 2009 General Manager, Natural Gas Project Office, Natural Gas Business Development Department, ITOCHU Corporation Jul 2010 President, ITOCHU Venezuela Co., Ltd. (based in Caracas) Apr 2013 Deputy General Manager, E&P Business Promotion Department and Manager, E&P Business Promotion Section 1, ITOCHU Corporation Apr 2015 Deputy General Manager, Oil & Gas Development Department, ITOCHU Corporation Apr 2018 General Manager, Oil & Gas Development Department, ITOCHU Corporation Apr 2020 General Manager, Oil & Gas Development Department, ITOCHU Corporation; President and Representative Director, ITOCHU Oil Exploration Co., Ltd. Apr 2021 Deputy General Manager, Energy Division, ITOCHU Corporation Apr 2022 General Manager, Energy Division, ITOCHU Corporation Apr 2024 Executive Officer, General Manager, Energy Division, ITOCHU Corporation Jun 2025 Director, the Company (current) Apr 2026 Senior Executive Officer, General Manager, Energy & Power Solutions Division, ITOCHU Corporation (current)
1966-07-20
Takuya MORIKAWA
Director
Apr 1982 Joined KOKUYO Co., Ltd. Jun 2005 Director and President, KOKUYO S&T Co., Ltd. Apr 2015 Director, Group Senior Executive Officer, General Manager, Overseas Business Headquarters, KOKUYO Co., Ltd. Jan 2019 Director, Vice President in charge of special assignments, KOKUYO Co., Ltd. Jun 2020 Outside Director, ASANUMA CORPORATION (current) Apr 2021 Advisor, KOKUYO Co., Ltd. Apr 2021 President and Representative Director, WAKI PRINTPIA Co., Ltd. May 2021 Advisor, NETSQUARE Co., Ltd. Jun 2022 Director, the Company (current) Aug 2023 Vice President and Representative Director, NETSQUARE Co., Ltd. Mar 2024 President and Representative Director, NETSQUARE Co., Ltd. Nov 2024 Director, Executive Officer, SHOWA NOTE CORPORATION (current)
1959-10-07
Chie SATO
Director
Apr 1992 Joined Nippon Hoso Kyokai (NHK) Aug 2001 Joined Boston Consulting Group K.K. (now Boston Consulting Group GK) Jun 2003 Joined Walt Disney Japan Ltd. Jan 2012 Became independent as a writer and consultant Apr 2014 Member, Accreditation Committee for Professional Graduate Schools of Management, Japan University Accreditation Association (current) Apr 2016 Member, Program Review Committee, TBS Television, Inc. Jun 2017 Outside Director, Nihon Unisys, Ltd. (now BIPROGY Inc.) Jun 2024 Director, the Company (current) Outside Director, Happinet Corporation (current)
1970-01-30
Shozo TOKUDA
Director
Nov 1981 Joined Asahi & Co. (now Ernst & Young ShinNihon LLC) Aug 1985 Registered as a Certified Public Accountant Jul 2002 Representative Partner, Asahi & Co. Apr 2004 General Manager, Intellectual Property Strategy Office, Asahi & Co. Jun 2006 General Manager, Third Business Division, Tokyo Office, and Director, Asahi & Co. Jul 2009 General Manager, KM Promotion Office, Asahi & Co. Jun 2010 Managing Director, Asahi & Co. Jul 2015 Senior Partner, Asahi & Co. Jun 2017 Outside Audit & Supervisory Board Member, Mitsui Chemicals, Inc. Jun 2017 Audit & Supervisory Board Member, the Company Jun 2025 Director, the Company (current)
1955-03-01
Takatoshi HOSOYA
Director
Apr 1988 Joined ITOCHU Corporation Mar 1997 Left ITOCHU Corporation May 2000 Executive Officer, ASKUL Corporation Oct 2005 Director, KAKUYASU Inc. (now Hitomairu Co., Ltd.) Apr 2009 Representative Director, Vice President and COO, KAKUYASU Inc. Jan 2016 Representative Director, Vice President, SKY Group Holdings Co., Ltd. Jun 2016 Representative Director, President, SKY Group Holdings Co., Ltd. Sep 2016 Outside Director, JOYFUL HONDA Co., Ltd. Jan 2018 Director, JOYFUL HONDA Co., Ltd. Jul 2018 Representative Director, Senior Managing Director, JOYFUL HONDA Co., Ltd. Sep 2018 Representative Director, Vice President, JOYFUL HONDA Co., Ltd. Jun 2019 Representative Director, President and Executive Officer, JOYFUL HONDA Co., Ltd. Jun 2021 Representative Director, President and CEO, JOYFUL HONDA Co., Ltd. Jun 2023 Director, JOYFUL HONDA Co., Ltd. Sep 2023 Retired as Director, JOYFUL HONDA Co., Ltd.
Ryohei SUDA
Full-time Audit & Supervisory Board Member
Apr 1987 Joined ITOCHU Corporation Apr 2012 General Manager, Natural Gas Business Development Department, ITOCHU Corporation Apr 2013 General Manager, Energy & Chemicals Business Planning Department and Compliance Officer, Energy & Chemicals Company, ITOCHU Corporation Apr 2015 Deputy General Manager, Chemicals Division, ITOCHU Corporation Apr 2016 General Manager, Middle East & Central Asia (based in Dubai), ITOCHU Corporation Apr 2017 General Manager, Middle East & Central Asia, and President, ITOCHU Middle East Co., Ltd. Apr 2018 Deputy General Manager, Energy Division, ITOCHU Corporation Apr 2021 General Manager, Development & Research Department and Compliance Officer, Development & Research Department, ITOCHU Corporation Apr 2023 General Manager, Investment Strategy Office, the Company Apr 2024 Corporate Division No. 2, Corporate Planning Department, the Company Jun 2024 Full-time Audit & Supervisory Board Member, the Company (current)
1963-05-11
Yasuhiro IMAZAWA
Full-time Audit & Supervisory Board Member
Apr 1987 Joined ITOCHU Corporation Apr 2011 General Manager, Market Operations Office, Finance Department, ITOCHU Corporation Aug 2012 General Manager, Market Investment Office, Finance Department, ITOCHU Corporation; Director, ITOCHU Corporate Pension Fund May 2016 Assistant to General Manager, Europe (Management), ITOCHU Europe Ltd. (based in London); CFO, ITOCHU Europe Ltd. May 2019 General Manager, Integrated Risk Management Department, ITOCHU Corporation Apr 2021 General Manager, Internal Audit Department, ITOCHU Corporation Apr 2022 Advisor, the Company Jun 2022 Director and Executive Officer, CFO, CIO and General Manager, Corporate Division No. 1, the Company Apr 2025 Director and Executive Officer, CFO, the Company May 2025 Director and Executive Officer in charge of Audit, the Company Jun 2025 Full-time Audit & Supervisory Board Member, the Company (current)
1964-04-23
Masako IWAMOTO
Audit & Supervisory Board Member
Apr 1998 Registered as an attorney-at-law (Tokyo Bar Association) Apr 1998 Joined Tokyo Aoyama Aoki Law Office (now Baker & McKenzie Law Office) Jun 2002 Established Iwamoto Law Office; Representative Attorney (current) Jun 2011 Outside Audit & Supervisory Board Member, Achilles Corporation Jun 2020 Outside Director, Achilles Corporation Jun 2021 Audit & Supervisory Board Member, the Company (current) Jun 2022 Outside Director, Audit and Supervisory Committee Member, Achilles Corporation (current) May 2024 Outside Audit & Supervisory Board Member, HOKUTO Corporation (current)
1972-09-09
Sonoko KAJIYAMA
Audit & Supervisory Board Member
Apr 1991 Joined FUJITSU LIMITED Oct 2002 Joined Asahi Audit Corporation (now Ernst & Young ShinNihon LLC) Mar 2013 Joined LIXIL Corporation Jan 2018 General Manager, Quality Assurance Department, Internal Audit Division, LIXIL Corporation Jul 2019 Secretary General, Group Audit Committee, LIXIL Corporation Jul 2019 Audit & Supervisory Board Member, TEPCO Smart Partners Co., Ltd. Apr 2020 Global Vice President, Internal Audit Department Planning & Quality, Olympus Corporation Jun 2020 Senior Director, Internal Audit China, Internal Audit Department, Olympus Corporation Jun 2020 Audit & Supervisory Board Member, Sony Olympus Medical Solutions Inc. Dec 2023 Deputy Chief Internal Audit Officer and Senior Vice President, Olympus Corporation Mar 2024 Outside Audit & Supervisory Board Member, McDonald's Holdings Company (Japan), Ltd. (current) Mar 2024 Audit & Supervisory Board Member, McDonald's Company (Japan), Ltd. (current) Jun 2024 Audit & Supervisory Board Member, the Company (current) Jun 2025 Outside Director, Sony Financial Group Inc. (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Yokogawa Bridge Holdings Corp. (current)
1968-05-03
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-06
Q1 Earnings Flash
FY ending Mar 2027
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-05-22
株主総会招集通知
TDnet
2026-02-13
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-11
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
TDnet
2025-07-31
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-17
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-12
Q3 Earnings Flash
FY ending Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-07
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-19
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-14
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-08
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-21
Annual Securities Report
EDINET
2022-02-09
Quarterly Securities Report
EDINET
2021-11-12
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-16
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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