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The Japanese designation for ENEOS Corporation is simply 'ENEOS'.
Answer: False
Explanation: The Japanese designation is more formal, being ENEOS Kabushiki-gaisha (ENEOS株式会社), which translates to ENEOS Corporation. 'ENEOS' alone refers to the brand name.
ENEOS Corporation is traded on the New York Stock Exchange under the ticker symbol 5020.
Answer: False
Explanation: This statement is incorrect. ENEOS Corporation is traded on the Tokyo Stock Exchange (TSE) under the ticker symbol 5020, not the New York Stock Exchange.
The headquarters of ENEOS Corporation is situated in Osaka, Japan.
Answer: False
Explanation: The headquarters of ENEOS Corporation is located in Otemachi, within the Chiyoda ward of Tokyo, Japan, not Osaka.
ENEOS Corporation functions as the parent company of Eneos Holdings.
Answer: False
Explanation: This statement is incorrect. Eneos Holdings is the parent company of ENEOS Corporation, not the other way around.
The term 'Kabushiki-gaisha' associated with ENEOS Corporation denotes a type of partnership.
Answer: False
Explanation: The term 'Kabushiki-gaisha' does not signify a partnership; it is the Japanese legal term for a joint-stock company or corporation.
The ticker symbol TYO: 5020 identifies ENEOS Corporation on the London Stock Exchange.
Answer: False
Explanation: This statement is incorrect. The ticker symbol TYO: 5020 specifically refers to ENEOS Corporation's listing on the Tokyo Stock Exchange (TSE), not the London Stock Exchange.
The 'Authority control' section in the source document provides links to ENEOS Corporation's financial reports.
Answer: False
Explanation: The 'Authority control' section serves to provide links to databases for consistent entity identification (e.g., VIAF, Library of Congress), not for accessing financial reports.
The 'Expand Japanese' template notice suggests that the English article lacks information present in the Japanese version.
Answer: True
Explanation: This statement is accurate. The 'Expand Japanese' template typically indicates that the English version of an article may lack comprehensive information available in its Japanese counterpart, encouraging editors to incorporate translated content.
What does the term 'Kabushiki-gaisha' signify in the context of ENEOS Corporation?
Answer: It is the Japanese term for a joint-stock company or corporation.
Explanation: The term 'Kabushiki-gaisha' (株式会社) is the Japanese legal designation for a joint-stock company or corporation, indicating ENEOS Corporation's corporate structure.
On which stock exchange is ENEOS Corporation primarily traded?
Answer: Tokyo Stock Exchange (TSE)
Explanation: ENEOS Corporation is listed and traded on the Tokyo Stock Exchange (TSE), identified by its ticker symbol TYO: 5020.
Where is the headquarters of ENEOS Corporation situated?
Answer: Otemachi, Chiyoda ward, Tokyo, Japan
Explanation: The headquarters of ENEOS Corporation is located in Otemachi, within the Chiyoda ward of Tokyo, Japan.
What entity serves as the parent company of ENEOS Corporation?
Answer: Eneos Holdings
Explanation: Eneos Holdings functions as the parent company overseeing the operations of ENEOS Corporation.
What does the ticker symbol TYO: 5020 signify?
Answer: Its listing on the Tokyo Stock Exchange.
Explanation: The ticker symbol TYO: 5020 indicates that ENEOS Corporation is listed and traded on the Tokyo Stock Exchange (TYO).
ENEOS Corporation was originally established under the name JX Nippon Oil & Energy.
Answer: False
Explanation: This statement is incorrect. ENEOS Corporation was originally established in 1888 under the name Nippon Oil Corporation. JX Nippon Oil & Energy was an intermediate name adopted later in its corporate history.
The company adopted its current name, ENEOS Corporation, in June 2020.
Answer: True
Explanation: This statement is accurate. The corporate entity officially adopted the name ENEOS Corporation in June 2020, marking a significant point in its rebranding history.
The 2011 Tōhoku earthquake and tsunami had no significant impact on ENEOS Corporation's refinery operations.
Answer: False
Explanation: This statement is false. The 2011 Tōhoku earthquake caused a major fire at ENEOS Corporation's Sendai refinery, and subsequent tsunami warnings complicated firefighting efforts.
What corporate event precipitated the phasing out of the Esso and Mobil brands in Japan in favor of ENEOS EneJet?
Answer: The merger of JX Holdings and TonenGeneral Group, forming JXTG Holdings.
Explanation: The phasing out of the Esso and Mobil brands was a direct result of the 2017 merger between JX Holdings and TonenGeneral Group, which formed JXTG Holdings, leading to a unified branding strategy under ENEOS EneJet.
What was the original name of ENEOS Corporation upon its establishment in 1888?
Answer: Nippon Oil Corporation
Explanation: ENEOS Corporation traces its origins to 1888 when it was established under the name Nippon Oil Corporation.
Which of the following is NOT identified as a historical name or predecessor entity of ENEOS Corporation within the provided text?
Answer: TonenGeneral Group
Explanation: While Nippon Mitsubishi Oil Corporation, JX Nippon Oil & Energy, and Nippon Mining Corporation are identified as historical entities or predecessors, TonenGeneral Group was a separate entity that merged with JX Holdings to form JXTG Holdings.
What was the immediate consequence of the 2011 Tōhoku earthquake on ENEOS Corporation's Sendai refinery?
Answer: A major fire broke out.
Explanation: The 2011 Tōhoku earthquake triggered a major fire at ENEOS Corporation's Sendai refinery, significantly impacting its operations.
ENEOS Corporation's primary business activities are exclusively confined to the exploration and importation of crude oil.
Answer: False
Explanation: This assertion is inaccurate. ENEOS Corporation's operational scope extends beyond mere exploration and importation of crude oil to include refining, manufacturing, and the sale of petroleum products, encompassing fuels and lubricants, as well as engagement in other related energy ventures.
ENEOS Corporation operates primarily within the automotive manufacturing industry.
Answer: False
Explanation: The primary industry sector for ENEOS Corporation is the oil and gasoline industry, encompassing petroleum and petrochemicals, not automotive manufacturing.
ENEOS Corporation operates precisely nine refineries within Japan.
Answer: True
Explanation: This statement is accurate. ENEOS Corporation operates nine refineries located throughout Japan.
ENEOS Corporation's involvement in oil fields indicates participation solely in the downstream segment of the petroleum industry.
Answer: False
Explanation: This statement is incorrect. Involvement in oil fields, such as exploration and holding stakes in oil sands, signifies participation in the upstream segment of the petroleum industry, in addition to downstream activities like refining and sales.
ENEOS Corporation offers a 0W-50 viscosity motor oil that is considered straightforward to formulate.
Answer: False
Explanation: This statement is incorrect. ENEOS offers a 0W-50 viscosity motor oil (SUSTINA) that is specifically noted for being difficult to formulate, highlighting advanced product technology.
What are the primary business activities of ENEOS Corporation?
Answer: Exploration, importation, refining of crude oil, and sale of petroleum products.
Explanation: ENEOS Corporation's primary business activities encompass the exploration, importation, refining of crude oil, and the subsequent sale of petroleum products, positioning it as a major player in the integrated energy sector.
What is the principal industry sector for ENEOS Corporation?
Answer: Petrochemicals and Refining
Explanation: ENEOS Corporation's principal industry sector is petrochemicals and refining, encompassing the broader oil and gasoline industry.
What premium motor oil brand, noted for its difficult formulation, has ENEOS introduced to the US market?
Answer: SUSTINA
Explanation: ENEOS has introduced its premium motor oil brand, SUSTINA, to the US market, which is recognized for its advanced formulation, including a 0W-50 viscosity oil that is particularly challenging to produce.
How many refineries does ENEOS Corporation operate within Japan?
Answer: Nine
Explanation: ENEOS Corporation operates a total of nine refineries located throughout Japan.
ENEOS Corporation's international operations are strictly limited to the continent of Asia.
Answer: False
Explanation: The assertion that international operations are limited to Asia is false. ENEOS Corporation has subsidiaries and operations in the United States, indicating a global presence beyond Asia.
Nippon Oil Exploration holds a significant share in a major Canadian oil sands company.
Answer: True
Explanation: This statement is correct. Nippon Oil Exploration, a subsidiary of ENEOS, holds a 5% share in Syncrude, a significant Canadian oil sands mining company.
ENEOS Corporation does not engage in any collaborations with companies based in India.
Answer: False
Explanation: This statement is incorrect. ENEOS Corporation collaborates with Tide Water Oil Co., an Indian petroleum products manufacturer, for lubricant production and marketing in India.
Nippon Oil Lubricants (America) LLC is involved in the distribution of automotive parts in the United States.
Answer: False
Explanation: This statement is incorrect. Nippon Oil Lubricants (America) LLC is involved in the business related to lubricants, likely manufacturing or distributing them, not automotive parts.
Which of the following is an ENEOS Corporation subsidiary operating within the United States?
Answer: Nippon Oil Lubricants (America) LLC
Explanation: Nippon Oil Lubricants (America) LLC is identified as a subsidiary of ENEOS Corporation operating within the United States.
What is Nippon Oil Exploration's specific involvement concerning Canadian oil sands?
Answer: It holds a 5% share in Syncrude, a Canadian oil sands mining company.
Explanation: Nippon Oil Exploration, a subsidiary of ENEOS, holds a 5% equity stake in Syncrude, a major Canadian oil sands mining enterprise, signifying its participation in international resource development.
With which Indian company does ENEOS Corporation collaborate for lubricant manufacturing and marketing?
Answer: Tide Water Oil Co.
Explanation: ENEOS Corporation engages in technical collaboration with Tide Water Oil Co., an Indian petroleum products manufacturer, for the production and marketing of ENEOS-branded lubricants within the Indian market.
What is the primary role of Nippon Oil Lubricants (America) LLC?
Answer: Manufacturing and/or distributing lubricants in the US.
Explanation: Nippon Oil Lubricants (America) LLC is primarily involved in the business related to lubricants, likely encompassing manufacturing and distribution within the United States market.
ENEOS Corporation's environmental management plans for the Rang Don Oil Field focused solely on minimizing air pollution.
Answer: False
Explanation: The environmental management plans for the Rang Don Oil Field were more comprehensive than solely addressing air pollution; they included minimizing impact on the surrounding marine environment.
In 2005, Nippon Oil Corporation tested a fuel cell system that utilized gasoline as its primary fuel.
Answer: False
Explanation: The fuel cell system tested by Nippon Oil Corporation in 2005 utilized coal oil as its primary fuel, not gasoline.
Nippon Oil Corporation received an award in 2007 for its development of fuel cell systems and production of sulfur-free fuel.
Answer: True
Explanation: This statement is accurate. In 2007, Nippon Oil Corporation received the Nippon Keidanren Chairman's Prize, recognizing its achievements in fuel cell system development and the production of sulfur-free fuel, among other environmental efforts.
ENEOS Corporation contributes to CO2 reduction by flaring associated gas produced alongside crude oil.
Answer: False
Explanation: This statement is incorrect. ENEOS Corporation contributes to CO2 reduction by utilizing associated gas for energy production, rather than flaring it.
ENEOS Corporation is actively exploring alternative energy sources, including fuel cell systems.
Answer: True
Explanation: This statement is accurate. ENEOS Corporation demonstrates a commitment to alternative energy by actively developing and exploring technologies such as fuel cell systems.
Nippon Oil Corporation was the first entity in the Japanese petroleum industry to achieve zero emission status at its refineries.
Answer: True
Explanation: This statement is accurate. Nippon Oil Corporation (a predecessor to ENEOS) was recognized as the first in the Japanese petroleum industry to achieve zero emission status at its refineries.
ENEOS Corporation's environmental record includes achieving zero emissions at refineries and developing sulfur-free fuels.
Answer: True
Explanation: This statement is accurate. ENEOS Corporation, through its predecessor Nippon Oil, achieved zero emission status at refineries and has been involved in the development of sulfur-free fuels, reflecting a strong environmental commitment.
How does ENEOS Corporation's Rang Don Oil Field project contribute to CO2 reduction?
Answer: By using associated gas for energy production instead of releasing it.
Explanation: The Rang Don Oil Field project contributes to CO2 reduction by utilizing the associated gas produced during crude oil extraction for energy generation, thereby mitigating carbon dioxide emissions.
What specific recognition did Nippon Oil Corporation receive in 2007 concerning its environmental and technological advancements?
Answer: The Nippon Keidanren Chairman's Prize for zero emissions at refineries.
Explanation: In 2007, Nippon Oil Corporation was honored with the Nippon Keidanren Chairman's Prize, acknowledging its achievement as the first in the Japanese petroleum industry to attain zero emission status at its refineries, alongside other environmental and technological contributions.
What was distinctive about the 1 kW household fuel cell system tested by Nippon Oil Corporation in 2005?
Answer: It utilized coal oil as fuel and was the world's first household test of such a system.
Explanation: The 1 kW household fuel cell system tested by Nippon Oil Corporation in 2005 was unique as it utilized coal oil as fuel and represented the world's first household-scale test of such a system.
The ENEOS brand is utilized exclusively for ENEOS Corporation's service stations located within Japan.
Answer: False
Explanation: The statement is incorrect. While the ENEOS brand is prominently used for service stations in Japan, the company's global operations and branding extend beyond this domestic focus.
Prior to 2019, ENEOS Corporation operated its Japanese service stations under the Shell and BP brand names.
Answer: False
Explanation: This statement is factually incorrect. Prior to 2019, ENEOS Corporation operated its Japanese service stations under the Esso and Mobil brands, which were licensed from ExxonMobil, not Shell and BP.
The discontinuation of the Esso and Mobil brands in Japan was an independent decision by ENEOS Corporation to unify its retail identity.
Answer: False
Explanation: The phasing out of the Esso and Mobil brands was not solely an independent decision by ENEOS Corporation. It was a consequence of the merger between JX Holdings and TonenGeneral Group, leading to the consolidation of branding under ENEOS EneJet.
ENEOS has introduced premium motor oils such as SUSTINA to the European market.
Answer: False
Explanation: The provided information indicates that premium motor oils like SUSTINA have been introduced to the United States market, not the European market.
ENEOS Corporation sponsors only a single major football club globally.
Answer: False
Explanation: The statement is false. ENEOS Corporation sponsors multiple football clubs, including AC Milan and F.C. Tokyo.
ENEOS Corporation has sponsored teams in Formula 1 and NASCAR.
Answer: True
Explanation: This statement is accurate. ENEOS Corporation has a history of involvement in motorsports, including sponsorships in Formula 1 and NASCAR.
The ENEOS logo primarily signifies the company's involvement in the semiconductor industry.
Answer: False
Explanation: The ENEOS logo represents the company's primary identity in the oil, gasoline, petroleum, and petrochemical industries, not the semiconductor industry.
ENEOS Corporation's sponsorship of AC Milan is intended to enhance brand recognition within the global energy market.
Answer: True
Explanation: This statement is accurate. Sponsoring globally recognized entities like AC Milan serves to bolster ENEOS Corporation's brand visibility and recognition across international markets, aligning with its global energy market presence.
Under which brand does ENEOS Corporation primarily market its products and operate its service stations?
Answer: ENEOS
Explanation: ENEOS Corporation primarily markets its products and operates its service stations under the ENEOS brand, which serves as its principal public-facing identity in the retail fuel market.
Which brands were previously utilized for ENEOS Corporation's service stations in Japan prior to the consolidation under ENEOS EneJet?
Answer: Esso and Mobil
Explanation: Prior to the consolidation under the ENEOS EneJet brand, ENEOS Corporation operated its service stations in Japan under the Esso and Mobil brands, which were licensed from ExxonMobil.
Which international football club does ENEOS Corporation currently sponsor?
Answer: AC Milan
Explanation: ENEOS Corporation is a sponsor of the renowned Italian football club AC Milan, enhancing its global brand presence.
In which major motorsports series has ENEOS Corporation been involved as a sponsor or supplier?
Answer: Formula 1, NASCAR, and MotoGP.
Explanation: ENEOS Corporation has demonstrated significant involvement in motorsports, including sponsorships and supply roles in Formula 1, NASCAR, and MotoGP, showcasing its technological capabilities.
What is the significance of the 'ENEOS EneJet' branding mentioned in the context of ENEOS Corporation's retail operations?
Answer: It replaced the Esso and Mobil brands at service stations.
Explanation: The ENEOS EneJet branding signifies the consolidation and replacement of the previously licensed Esso and Mobil brands at ENEOS Corporation's service stations in Japan.
How does ENEOS Corporation's sponsorship strategy contribute to its overall brand identity?
Answer: By associating the brand with high performance and global recognition through sports.
Explanation: ENEOS Corporation's sponsorship strategy, which includes high-profile sports like football and motorsports, serves to align the brand with performance and global recognition, thereby reinforcing its corporate identity.
Fumiaki Watari serves as the President of ENEOS Corporation, while Shinji Nishio holds the position of CEO.
Answer: False
Explanation: The roles are reversed according to the provided information: Fumiaki Watari is the CEO, and Shinji Nishio is the President of ENEOS Corporation.
In fiscal year 2008, ENEOS Corporation reported a net income that was lower than its total revenue.
Answer: True
Explanation: This statement is accurate. In fiscal year 2008, ENEOS Corporation reported a revenue of approximately 7,523.990 billion JPY and a net income of approximately 148.306 billion JPY, indicating that net income was substantially lower than revenue.
As of 2007, ENEOS Corporation employed fewer than 10,000 individuals.
Answer: False
Explanation: The provided data indicates that as of 2007, ENEOS Corporation employed 13,290 individuals, which is more than 10,000.
Identify the current CEO and President of ENEOS Corporation based on the provided information.
Answer: CEO: Fumiaki Watari, President: Shinji Nishio
Explanation: According to the provided data, Fumiaki Watari currently serves as the CEO, and Shinji Nishio serves as the President of ENEOS Corporation.
What was ENEOS Corporation's approximate revenue in fiscal year 2008?
Answer: 7,523.990 billion JPY
Explanation: In fiscal year 2008, ENEOS Corporation reported a total revenue of approximately 7,523.990 billion Japanese Yen (JPY).
How many employees did ENEOS Corporation have as of 2007?
Answer: 13,290
Explanation: As of the year 2007, ENEOS Corporation reported a total workforce of 13,290 employees.
Which of the following individuals is identified as a key leader currently heading ENEOS Corporation?
Answer: Fumiaki Watari
Explanation: Fumiaki Watari is identified as a key leader, serving as the CEO of ENEOS Corporation.