Investments
77Portfolio Exits
4Partners & Customers
6About ENEOS Holdings
ENEOS Holdings is an integrated energy company that operates within the energy sector and focuses on the supply and use of energy. The company offers products including the refining and marketing of petroleum products, the manufacture and sale of petrochemical products, and the supply of electricity and hydrogen. ENEOS Holdings also provides materials that contribute to automotive electrification, weight reduction, and advancements in Internet of Things (IoT) communication and human health. ENEOS Holdings was formerly known as JXTG Holdings. It was founded in 1888 and is based in Tokyo, Japan.
Latest ENEOS Holdings News
Nov 12, 2025
By Yuka Obayashi Published Eneos Screenshot | Copyright GT Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve. Eneos unit, Japan Renewable Energy, won a government auction to develop the Happo-Noshiro 375-megawatt offshore wind project in Japan's northern Akita prefecture together with Spain's Iberdrola and Tohoku Electric Power Co in March 2024. Construction is set to begin next year, with operations due to start in 2029. "At this point, we haven't made any clear decisions such as quitting or postponing it for two or three years," Eneos CEO Tomohide Miyata told a press conference, adding that there were currently no major changes to the development plan. "But project costs have surged while green electricity prices do not match the costs, making returns more difficult to achieve than before," he said. In August, a Mitsubishi-led group quit three offshore wind development projects awarded in 2021, citing high costs, forcing the government to step up talks on support measures with remaining players to ensure the industry's continued development. Mitsui & Co 8031.T, which teamed up with Germany's RWE and Osaka Gas for a 684 MW project in northeastern Niigata prefecture, also warned of rising costs last week but said it was in talks with the government to address the issues. Japan is looking to have offshore wind capacity of 10 gigawatts by 2030 and 45 GW by 2040 to bolster energy security and make power cleaner, and has held three major auctions so far. Japan's Electric Power Development (J-Power), a partner with JERA, Itochu 8001.T and Tohoku Electric for a 315 MW project in Akita prefecture, aims to start operations in 2028, the J-Power president said last month. (Reuters)
ENEOS Holdings Investments
77 Investments
ENEOS Holdings has made 77 investments. Their latest investment was in Turing as part of their Series A on November 17, 2025.
ENEOS Holdings Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/17/2025 | Series A | Turing | $63.17M | Yes | ANRI, Canon MJ MIRAI Fund, Chibagin Capital, Dai Nippon Printing, DENSO, Global Brain, GMO Internet Group, JGC Corporation, JIC Venture Growth Investments, Mercuria, Mirai Sozo Capital, Mitsubishi HC Capital, Mitsubishi UFJ Capital, Mitsui Fudosan, Mizuho Capital, Sony Financial Ventures, Spiral Ventures, Tokyu Fudosan Holdings, Wing Capital Partners, Yanmar Ventures, Z Venture Capital, and ZENRIN Future Partners | 3 |
7/3/2025 | Corporate Minority - P2P | Golden Hydrogen | $9.53M | Yes | 2 | |
5/14/2024 | Series B - III | Glydways | $20M | Yes | 2 | |
6/7/2022 | Series A - III | |||||
1/11/2022 | Series B - II |
Date | 11/17/2025 | 7/3/2025 | 5/14/2024 | 6/7/2022 | 1/11/2022 |
|---|---|---|---|---|---|
Round | Series A | Corporate Minority - P2P | Series B - III | Series A - III | Series B - II |
Company | Turing | Golden Hydrogen | Glydways | ||
Amount | $63.17M | $9.53M | $20M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | ANRI, Canon MJ MIRAI Fund, Chibagin Capital, Dai Nippon Printing, DENSO, Global Brain, GMO Internet Group, JGC Corporation, JIC Venture Growth Investments, Mercuria, Mirai Sozo Capital, Mitsubishi HC Capital, Mitsubishi UFJ Capital, Mitsui Fudosan, Mizuho Capital, Sony Financial Ventures, Spiral Ventures, Tokyu Fudosan Holdings, Wing Capital Partners, Yanmar Ventures, Z Venture Capital, and ZENRIN Future Partners | ||||
Sources | 3 | 2 | 2 |
ENEOS Holdings Portfolio Exits
4 Portfolio Exits
ENEOS Holdings has 4 portfolio exits. Their latest portfolio exit was WASSHA on April 22, 2025.
ENEOS Holdings Acquisitions
4 Acquisitions
ENEOS Holdings acquired 4 companies. Their latest acquisition was TATSUTA Electric Wire and Cable on December 21, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/21/2022 | Acq - Pending | 1 | ||||
5/17/2021 | ||||||
8/30/2016 | ||||||
8/30/2016 |
Date | 12/21/2022 | 5/17/2021 | 8/30/2016 | 8/30/2016 |
|---|---|---|---|---|
Investment Stage | ||||
Companies | ||||
Valuation | ||||
Total Funding | ||||
Note | Acq - Pending | |||
Sources | 1 |
ENEOS Holdings Partners & Customers
6 Partners and customers
ENEOS Holdings has 6 strategic partners and customers. ENEOS Holdings recently partnered with National University of Singapore on October 10, 2024.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
10/31/2024 | Partner | National University of Singapore | Singapore | NUS launches BLOCK71 Nagoya to strengthen Japan-Southeast Asia innovation exchange `` The partnership between National University of Singapore and ENEOS Holdings , Inc. will leverage the strengths of our extensive BLOCK71 ecosystem and network to foster innovation and entrepreneurship . | 1 |
7/7/2021 | Partner | ||||
11/7/2019 | Partner | ||||
10/1/2012 | Partner | ||||
8/8/2011 | Partner |
Date | 10/31/2024 | 7/7/2021 | 11/7/2019 | 10/1/2012 | 8/8/2011 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | National University of Singapore | ||||
Country | Singapore | ||||
News Snippet | NUS launches BLOCK71 Nagoya to strengthen Japan-Southeast Asia innovation exchange `` The partnership between National University of Singapore and ENEOS Holdings , Inc. will leverage the strengths of our extensive BLOCK71 ecosystem and network to foster innovation and entrepreneurship . | ||||
Sources | 1 |
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