Cosmo Energy Holdings Co Ltd 2015 AR2
The report outlines Cosmo Oil Group's performance and strategic initiatives for the fiscal year ended March 31, 2015. Key highlights include the planned transition to a holding company structure under Cosmo Energy Holdings Co., Ltd. in October 2015 and the adoption of a company with an audit and supervisory committee governance format. The company advanced its upstream business through a strategic alliance with CEPSA and progress at the Hail Oil Field, while also expanding its wind power generation capacity via EcoPower Co., Ltd. Despite a net loss due to inventory valuation from falling crude oil prices, the company significantly reduced its interest-bearing debt and improved operating cash flows.
Company: Cosmo Energy Holdings Co Ltd
Sector: Energy
Country: Japan
Year: 2015
Type: AR2
Pages: 67
Cosmo Energy Holdings Co Ltd
Annual Report
The report outlines Cosmo Oil Group's performance and strategic initiatives for the fiscal year ended March 31, 2015. Key highlights include the planned transition to a holding company structure under Cosmo Energy Holdings Co., Ltd. in October 2015 and the adoption of a company with an audit and supervisory committee governance format. The company advanced its upstream business through a strategic alliance with CEPSA and progress at the Hail Oil Field, while also expanding its wind power generation capacity via EcoPower Co., Ltd. Despite a net loss due to inventory valuation from falling crude oil prices, the company significantly reduced its interest-bearing debt and improved operating cash flows.
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Document Details
Report Year
2015
Reporting Period
Apr 1, 2014 - Mar 31, 2015
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees