The Nippon Mining Holdings Group concluded a basic agreement for management integration with the Nippon Oil Corporation in December 2008. Within a fiercely competitive operating environment, what form should future growth strategies take? President and CEO Mitsunori Takahagi talks about the objectives of the management integration and the path that the Group needs to take in the future.
Interview with the President
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| Cover | |
|---|---|
| Contents | |
| About Nippon Mining Holdings | |
| Petroleum | |
| Metals | |
| Topics (April 2008-June 2009) | |
| Financial Highlights | |
| To Our Shareholders and Investors | |
| Interview with the President | |
| Special Feature: Environmental Businesses | |
| Fuel Cells | |
| Paraffinic Latent Heat PCM COJOULE® | |
| Development of New Copper-Smelting Technology | |
| Recycling Metal Resources | |
| Polysilicon for Photovoltaic Power Generation | |
| Review of Operations Section | |
| Operational Highlights | |
| Petroleum Business (Japan Energy Group) | |
| Metals Business (Nippon Mining & Metals Group) | |
| Other Operations (Independent Operating etc.) | |
| Corporate Section: | |
| Directors, Auditors and Senior Officers | |
| Corporate Governance and Internal Controls | |
| Corporate Data / Organization Charts | |
| Global Network | |
| Corporate Social Responsibility | |
| Financial Section | |
| Message from the CFO | |
| Financial Summary | |
| Management's Discussion and Analysis | |
| Business and Other Risks | |
| Consolidated Balance Sheets | |
| Consolidated Statements of Income | |
| Consolidated Statements of Changes in Net Assets | |
| Consolidated Statements of Cash Flows | |
| Notes to Consolidated Financial Statements | |
| Report of Independent Auditors | |
| Principal Group Companies | |
| Investor Information |
Nippon Oil Corporation and Nippon Mining Holdings, Inc. may file a registration statement on Form F-4 with the U.S. Securities and Exchange Commission (the "SEC") in connection with the proposed joint share transfer. The Form F-4 (if filed) will contain a prospectus and other documents. The Form F-4 (if filed) and prospectus, as they may be amended from time to time, will contain important information about Nippon Oil Corporation and Nippon Mining Holdings, Inc., the joint share transfer and related matters including the terms and conditions of the transaction. U.S. shareholders of Nippon Oil Corporation and Nippon Mining Holdings, Inc. are urged to read the Form F-4, the prospectus and the other documents, as they may be amended from time to time, that may be filed with the SEC in connection with the joint share transfer carefully before they make any decision at the shareholders meeting with respect to the joint share transfer. The Form F-4 (if filed), the prospectus and all other documents filed with the SEC in connection with the joint share transfer will be available when filed, free of charge, on the SEC's web site at www.sec.gov. In addition, the prospectus and all other documents filed with the SEC in connection with the joint share transfer will be made available to shareholders, free of charge, by faxing a request to Nippon Oil Corporation at +81-3-3502-9862 or Nippon Mining Holdings, Inc. at +81-3-5573-5139.
This announcement contains certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes', 'expects', 'anticipates', 'projects', 'intends', 'should', 'seeks', 'estimates', future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors including but not limited to: (1) macroeconomic condition and general industry conditions such as the competitive environment for companies in energy, resources and materials industries; (2) regulatory and litigation matters and risks; (3) legislative developments; (4) changes in tax and other laws and the effect of changes in general economic conditions; (5) the risk that a condition to closing of the transaction may not be satisfied; (6) the risk that a regulatory approval that may be required for the transaction is not obtained or is obtained subject to conditions that are not anticipated; and (7) other risks to consummation of the transaction.