| 1961 |
Jan. |
|
The company is founded with capital of 60 million yen when Itochu Sekiyu K.K., a subsidiary of Itochu Corporation, is split up (Itochu Sekiyu K.K. was originally founded in Jan. 1949 as Nishinihon Beiyu K.K., changing its name in Apr. 1951). Its purpose: to sell the products produced at the new refinery built at Mizushima by Itochu Corporation in alliance with longstanding business partner Nippon Mining Co., Ltd. (This marks Itochu's entry into the petroleum sector.) |
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| 1965 |
May |
|
The company acquires the stock of Oita Kyuseki Hanbai Co., Ltd. (today a consolidated subsidiary). |
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| 1970 |
Mar. |
|
The company acquires the stock of Unoshima Sansuiso K.K. and advances into the high-pressure gas business. |
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| 1971 |
Apr. |
|
The capital is increased from ¥0.6 billion to ¥1 billion. |
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| 1977 |
Apr. |
|
In order to change the par value of its stock, it merges with Itochu Fuel Corporation, headquartered at 2-36 Tsurigane-cho, Higashi-ku, Osaka. |
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| 1978 |
Feb. |
|
It is listed on the 2nd section of the Osaka Securities Exchange and the Tokyo Stock Exchange. |
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| 1979 |
Sep. |
|
It is promoted to the 1st section of the Osaka Securities Exchange and the Tokyo Stock Exchange. |
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| 1983 |
Jun. |
|
Head Office moves from Osaka to Tokyo. |
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| 1990 |
May |
|
The company’s high-pressure gas arm is spun off to form Itochu High-Pressure Gas Co., Ltd. (today Itochu Industrial Gas Co., Ltd.). |
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Jul. |
|
The company takes over the goodwill of Itochu Oil Co., Ltd., the internal oil sales subsidiary of Itochu Corporation. |
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| 1996 |
Feb. |
|
Headquarters move to 24-12 Meguro 1-chome, Meguro-ku, Tokyo. |
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| 1997 |
Oct. |
|
The company acquires the stock of Tokai Corporation, which is in the process of being reorganized. |
| |
Dec. |
|
It acquires the stock of Seibu Petroleum Corporation. |
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| 1998 |
Apr. |
|
The company’s CicoMart arm is spun off to form CicoMart Co., Ltd. |
| |
Sep. |
|
Itochu Fine Gas Co., Ltd. buys out Itochu High-Pressure Gas Co., Ltd. and is renamed Itochu Industrial Gas Co., Ltd. (today a consolidated subsidiary).
(Unoshima Sansuiso K.K.. was renamed Chunen Fine Gas Co., Ltd. in 1987 and Itochu Fine Gas Co., Ltd. in 1994.) |
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| 1999 |
Mar. |
|
The company acquires additional stock of Itochu Petroleum Sales Co., Ltd. (today a consolidated subsidiary) and becomes the largest shareholder. |
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| 2000 |
Apr. |
|
It buys out Seibu Petroleum Corporation and established the Tokyo Seibu branch office. |
| |
Oct. |
|
A court declares the completion of reorganization proceedings at Tokai Corporation. |
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| 2001 |
Mar. |
|
The company takes over gas supply service in Nakatsu City, Oita Prefecture, with the goal of breaking into the city gas market. |
| |
Jul. |
|
The company changes its name from Itochu Fuel Corporation to Itochu Enex Co., Ltd. Its 18 consolidated subsidiaries are renamed at the same time. |
| |
Nov. |
|
The company sells off the stock of CicoMart Co., Ltd. |
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| 2002 |
Feb. |
|
It acquires additional stock of Sinanen Co., Ltd. and becomes the largest shareholder. |
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| 2003 |
Oct. |
|
It delists itself from the Osaka Securities Exchange. |
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| 2004 |
Apr. |
|
It scraps the existing branch-office system in favor of a system of organization around business divisions. |
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| 2005 |
May |
|
Takigawa Enex Co., Ltd. (currently, Itochu Enex Home-Life Nishi-Nihon Co., Ltd.) commences operation through a takeover of business operations from Takigawa Industries Co., Ltd. |
| |
Jul. |
|
The company acquires the stock of Kokura Enterprise Vehicle Service Co., Ltd. (today consolidated subsidiary Kokura Enterprise Energy Co., Ltd.). |
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Sep. |
|
It sells off the stock of Tokai Corporation. |
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Oct. |
|
Kokura Enterprise Energy Co., Ltd. takes over the business of Kokura Enterprise Co., Ltd. and commences operations. |
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Oct. |
|
The Itochu Enex Group adopts a single unified logo, the Enex Mark. |
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| 2006 |
May |
|
The company establishes the basic policy for its internal control system. |
| |
Sep. |
|
The company and Kokura Kosan Energy Co., Ltd., a wholly-owned subsidiary, jointly take over the petroleum business of Yanase Petroleum Sales Co., Ltd. |
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Oct. |
|
Enex Clean Power Energy Co., Ltd., a wholly-owned subsidiary, concludes a special agency agreement with Hyundai Motor Japan, incorporated in Japan, and commences domestic sales of LP gas automobiles manufactured by Hundai Motor Company. |
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| 2007 |
Apr. |
|
The company acquires the stock of Itochu Energy Marketing Co., Ltd., a firm to be operated as a wholly-owned subsidiary. |
| |
Apr. |
|
Ecore Co., Ltd., the largest LP gas sales company in the Kyushu area, is founded by the consolidation of Itochu Enex Home-Life Kyushu (wholly-owned subsidiary of our company) and IDEX GAS K.K. (wholly-owned subsidiary of Shin-Idemitsu Co., Ltd.), and commences operation. (Investment ratio: our company 51%, Shin-Idemitsu 49%) |
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