Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?
Andrew Stolz
JANUARY 28, 2022
By 2030, the company plans to increase its renewable capacity to 4 Gigawatt from currently 0.2 Its net-debt to equity ratio stood at 0.9x In its new alignment, the management must focus on expanding in other segments to compensate for a falling contribution from petroleum. In addition, it shifts from coal production to gas.
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