Message from the Chairman

I am Shunichi Kito, Representative Director and Chair of Idemitsu. Since its foundation in 1911, the Idemitsu Group has practiced “people-centered management” and built up a history through the stable supply of energy and materials. In recent years, the business environment has become increasingly uncertain because of the growing importance of energy security in response to the destabilizing international situation and the changing pace of decarbonization efforts in each country. Even under these circumstances, our mission and responsibility lie in protecting the global environment in the future while continuously supplying energy that supports people’s daily lives and industrial activities, and promoting these two time frames without misjudging them to implement them in society.
The Group is advancing businesses restructuring toward a carbon-neutral and recycling-oriented society under its vision for 2050, “Shaping Change.” Since its foundation, we have brought together the “power of people” and engaged in a wide range of fields, with a strong network in Japan and overseas as well as accumulated knowledge and technologies. By taking full advantage of these strengths and collaborating with diverse partners, we will diligently fulfill our responsibility to continuously supply energy and materials tailored to each region and lifestyle.

In fiscal 2026, the Group will embark on a new growth stage under the new medium-term business plan. The plan has defined three strategies: strengthen the foundation of our existing businesses, expand　the creation of new businesses, and pursue low-carbon and decarbonization businesses, based on its vision for 2030, “Your Reliable Partner for a Brighter Future,” and in line with these strategies, we will accelerate each measure.The “power of people” lies, remaining unchanged, at the root of these efforts. Continued growth through co-creation and challenge, with diverse people making the most of their strengths, is exactly the management objectives of the Group and a driving force for the future.

Together with all our global customers, regional communities where we operate, local dealers, logistics and safety subcontracting companies, business partners (including suppliers in Japan and overseas, such as oil-producing countries), and our employees with diverse backgrounds, we will overcome these hardships, which can be seen as a turning point for energy, and continue working to create new value.

Representative Director and Chairman, Idemitsu Kosan Co.,Ltd.
Shunichi Kito