Company Profile For SHOWA SHELL SEKIYU K.K.

SHOWA SHELL SEKIYU K.K. is a Japan-based oil company. The Company operates in three business segments. The Petroleum segment is engaged in the development and refinement of oil, the manufacture and sale of oil and petrochemical products, the transportation, storage and handling of crude oil and petroleum products, as well as the sale of gasoline, liquefied petroleum (LP) gas, kerosene, gas oil, fuel oil, asphalt, lubricant and chemicals. The Real Estate segment leases real estate facilities. The Other segment is engaged in the construction work, the sale of automobile parts, the wholesale of urban gas and electric power, as well as dispersed power and solar cell businesses. The Company has 40 subsidiaries and 12 associated companies.

BRIEF: For the nine months ended 30 September 2009, SHOWA SHELL SEKIYU K.K.'s revenues decreased 44% to Y1.452T. The Company's net loss totaled Y34.53B, vs. a net income of Y62.14B. Revenues reflect decreased sales due to decreased demand for the Company's products. Net loss also suffers from higher percentage of cost of sales and SG&A expenses, decreased foreign exchange gain, and the absence of Y1.38B equity gain.