Gyxis

What Gyxis does

Gyxis Corporation (ジクシス株式会社) is a privately held Japanese LP gas (LPG) importer and wholesaler established in 2015 through the integration of the LPG businesses of four major Japanese energy groups — Cosmo Oil, Showa Shell, Sumitomo Corporation, and Tonen General Petroleum. The company is jointly owned by Cosmo Energy Holdings (40%), Sumitomo Corporation (40%), and Idemitsu Kosan (20%), operates with a registered capital of ¥110 billion, and generated ¥382.8 billion in FY2025 sales revenue. Gyxis manages an integrated LPG supply chain from global procurement — sourced from North America, the Middle East, and Africa through London (opened 2016), Singapore (2018), and Houston (Gyxis North America LLC, 2020) offices — to import, storage, transport, and wholesale distribution. Domestically, Gyxis operates 7 LPG import bases (Kashima, Chiba, Kawasaki, Hekinan/Aichi, Yokkaichi, Sakai, Oita), 4 secondary bases (Shimizu, Sakaide, Matsuyama, Hiroshima), and 7 regional branches plus an Okinawa sales office, supporting a domestic dealer (特約店) network that ultimately serves approximately 22 million Japanese households (~40% of all households).

The company handles roughly 3.7 million tons of domestic sales, 2.8 million tons of imports, and 1 million tons of international trading annually, and it transports LPG via long-term chartered dual-fuel VLGC vessels (Pyxis Pioneer, AXIS RIVER, AQUAMARINE PROGRESS II) capable of running on LPG/ammonia to reduce CO2 emissions by approximately 20% versus heavy oil. Its product portfolio spans core LPG wholesale, carbon-neutral and carbon-offset LPG (using third-party-verified voluntary carbon credits and J-Credits, launched 2022), the 'Hotto Raku na Ie' (ホッと楽な家) advanced propane-gas housing program with ENE FARM integration (launched 2021), and digital dealer services via the member portal (member.gyxis.jp). The business model is sales-led B2B wholesale, with monthly CP-based (Contract Price) pricing for propane and butane, pass-through to registered dealers, supplemented by recurring-revenue services around carbon-neutral LPG, housing, and fuel-cell maintenance. Gyxis is co-founding member of the Japan Green LPG Promotion Council (2021) alongside Astomos Energy, ENEOS Globe, Japan Gas Energy, and Iwatani, targeting 2050 social implementation of green LPG synthesized from CO2 and hydrogen.

Name

Gyxis

Legal name

ジクシス株式会社

Website

https://gyxis.jp

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Gyxis Corporation is a Tokyo-based, privately held Japanese LPG importer and wholesaler, jointly owned by Cosmo Energy Holdings, Sumitomo Corporation, and Idemitsu Kosan, serving ~22 million households (40% of Japan) through a nationwide dealer network fed by 7 import bases and overseas trading offices in London, Singapore, and Houston.

Ownership category

akta.pro rank

Product category

LPG Wholesale and Distribution

NAICS

Petroleum Bulk Stations and Terminals (424710), Petroleum and Petroleum Products Merchant Wholesalers (4247)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Unbranded/Spot Fuels Distribution (Rack Sales) (EUALAIAC)

akta.pro secondary industry

Crude Oil & Petroleum Products Tanker Transport (TLADALAA)

Keywords

• LPG wholesale
• Propane distribution
• LPG import
• Carbon neutral LPG
• Energy supply chain

Headquarters

HQ city

Shiba

HQ country

Japan

HQ region

Asia

Offices24 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. LPG Wholesale Sales: Import and wholesale of LPG (propane and butane) to registered domestic dealers (特約店). Core revenue stream with domestic sales volume approximately 360-370万 ton/year and import volume approximately 280-300万 ton/year. International trading volume approximately 100万 ton/year.
2. LPG-related Products and Services: Sale of LPG-based products including carbon neutral LPG, carbon offset LPG, and the 'Hotto Raku na Ie' advanced propane gas housing program with Ene-Farm and related services (house cleaning, emergency visits, phone consultation, extended warranty).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Gyxis imports, stores, transports, and wholesales LPG (liquefied petroleum gas, including propane and butane) from global sources (North America, Middle East, Africa) to registered domestic dealers across Japan. The company operates 7 import bases and 4 secondary bases domestically, and also offers carbon-neutral/carbon-offset LPG products, ENE FARM household fuel cell sales, and the 'Hotto Raku na Ie' advanced propane gas housing program.

Product overview

Gyxis Corporation is an LP gas (LPG) import and wholesale company formed in 2015 through the integration of four companies' LPG businesses. The company operates a comprehensive supply chain from global procurement to domestic wholesale distribution. Core offerings include LPG sales, carbon-neutral/carbon-offset LPG products, and the 'Hot to Raku-na Ie' advanced housing program featuring ENE FARM fuel cells. Supporting services include a member portal for registered dealers, SDS download, and CP price tracking. The product architecture follows a single unified core LPG business with value-added service modules including environmental products (carbon-neutral LPG), housing solutions (ENE FARM, Hot to Raku-na Ie), and digital services (member portal, SDS, CP tracking).

Differentiator

Problem solved

Functional benefit

Products and services

• LP Gas (LPG) Liquefied petroleum gas (propane and butane) imported and wholesaled to registered domestic dealers and customers across Japan. Gyxis imports LPG from North America, Middle East, and other regions, operating 7 import bases and managing the full supply chain from procurement to wholesale distribution. Domestic sales volume approximately 3.7 million tons/year and import volume approximately 2.8 million tons/year.
• Carbon Neutral LPG / Carbon Offset LPG (カーボンニュートラルLPG / カーボンオフセットLPG) Carbon-neutral LPG product where greenhouse gas emissions from production through combustion are offset using voluntary carbon credits certified by international third-party certification bodies, with J-Credit scheme options. The carbon offset LPG was renamed from carbon neutral in April 2025. Used by dealers and end users (e.g., Tojo Gas, Enex, Tsubame Gas Frontier, Aomori Tsubame Propane, Teinen Sangyo, Wakamatsu Gas) to meet decarbonization goals, with customers achieving approximately 30 tons of CO2 offset annually.
• Hotto Raku na Ie (ホッと楽な家) - Advanced Propane Gas Housing Advanced propane gas residential housing program integrating Ene Farm (fuel cell cogeneration), Dry-kun (laundry dryer), gas bathroom heating/drying, gas floor heating, and built-in gas stove. Developed in partnership with Tanabe House and Eight Knot & Company. Includes ZEH-compliant and D&P design specification variants. Achieves approximately 1.0-1.5 tons of CO2 reduction per household per year. Trademark Registration No. 6290590.
• ENE FARM Sales (エネファーム販売) Sales of ENE FARM household fuel cell systems that provide efficient electricity and hot water generation using LPG, contributing to energy savings and CO2 reduction for residential customers. Sold through Gyxis's domestic dealer network to homeowners seeking energy-efficient residential solutions.
• International LPG Trading International LPG trading operations covering global procurement from North America, Middle East, and Africa, with maritime transport via dual-fuel VLGC vessels. Approximately 100万 ton/year international trading volume. Operations conducted through London (Europe, Middle East, North America, Africa), Singapore (Southeast Asia, China, India), and Houston (North America) offices.

Quantifiable outcome

• ~22,600 JPY/ton propane price increase (April 2026 monthly revision)
• +6 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

16 partnerships are on record, tiered core and minor.

• LP Gas Delivery Rationalization PartnerscoreStrategic or Co-development Partner · 16 December 2025LP gas delivery rationalization business alliance for logistics efficiency. Basic agreement signed December 2025, with public launch ceremony April 30, 2026. Aims to optimize supply chain and reduce logistics costs amid driver shortage (2024 problem).
• iPEACE223株式会社minorOthers · 11 June 2025Gyxis made an equity investment in iPEACE223 as part of its sustainability and social contribution initiatives.
• Philippines Mangrove Planting InitiativeminorStrategic or Co-development Partner · 3 December 2024Feasibility study for carbon credit creation through mangrove afforestation in the Philippines, announced December 2024. Part of Gyxis's broader carbon credit strategy and international sustainability initiatives.
• Astomos Energy Corporation (アストモスエネルギー株式会社)coreStrategic or Co-development Partner · 30 June 2023Chubu area LP gas logistics business partnership. Both companies agreed to jointly use Idemitsu Kosan's Aichi Plant as their LPG supply and logistics base in the Chubu region, replacing separate use of Idemitsu Kosan's Hekinan LPG base. Scheduled to start June 2025, aimed at supply chain optimization and sustainable logistics in the Chubu region.
• Wakamatsu Gas Co., Ltd. (若松ガス株式会社)minorChannel Partner/ Reseller/ Distributor · 5 June 2023Carbon neutral LPG supply agreement. Wakamatsu Gas uses carbon neutral LPG at offices, sales locations for hot water, gas air conditioning, and for all bi-fuel vehicles, strengthening their decarbonization efforts.
• Teinen Sangyo Co., Ltd. (帝燃産業株式会社)minorChannel Partner/ Reseller/ Distributor · 27 February 2023Carbon neutral LPG supply agreement. Teinen uses carbon neutral LPG at offices and sales locations for hot water and gas air conditioning, and for LPG vehicles, contributing to annual CO2 emissions reduction of approximately 30 tons.
• Aomori Tsubame Propane Sales Co., Ltd. (青森つばめプロパン販売株式会社)minorChannel Partner/ Reseller/ Distributor · 1 November 2022Carbon neutral LPG supply agreement. Company uses Iwate Prefecture forest J-Credits and has been purchasing carbon neutral LPG from Gyxis for offices and sales locations. Also offsets other operational CO2 emissions.
• Tsubame Gas Frontier Co., Ltd. (株式会社ツバメガスフロンティア)minorChannel Partner/ Reseller/ Distributor · 21 October 2022
• Enex Co., Ltd. (エネックス株式会社)minorChannel Partner/ Reseller/ Distributor · 8 August 2022Carbon neutral LPG supply agreement. Enex purchases carbon neutral LPG from Gyxis for use in its offices and sales locations for hot water and gas air conditioning, reinforcing their decarbonization strategy.
• Tojo Gas Co., Ltd. (東上ガス株式会社)minorChannel Partner/ Reseller/ Distributor · 4 July 2022Carbon neutral LPG supply agreement. Tojo Gas purchases carbon neutral LPG from Gyxis for use in its offices, sales locations (hot water, gas air conditioning), coin laundries, and LPG vehicles, supporting their decarbonization efforts.
• Japan Green LPG Promotion Council ( 一般社団法人日本グリーンＬＰガス推進協議会)coreStrategic or Co-development Partner · 20 October 2021Joint initiative with 4 other LPG wholesalers (Astomoss Energy, ENEOS Globe, Japan Gas Energy, Iwatani) to develop green LPG synthesis technology from CO2 and hydrogen, targeting 2050 social implementation. Gyxis President Nokura Shiuaki serves as Vice Chairman/理事. Activities include R&D on bio-DME-based greenification and CO2/hydrogen-based LPG synthesis.
• Tanabe House (株式会社タナベハウス)coreStrategic or Co-development Partner · 28 July 2021Joint development of the 'Hotto Raku na Ie' advanced propane gas housing program. Tanabe House is responsible for joint development and model house construction. The program combines advanced gas appliances, Gyxis's customer services, and British-style architectural design.
• Eight Knot & Company (株式会社エイトノットアンドカンパニー)coreStrategic or Co-development Partner · 28 July 2021Operations secretariat for 'Hotto Raku na Ie' program, responsible for promotional materials (web, flyers, leaflets) production, design plans, and interior design through its subsidiary BABID (British Interior Design Business Association).
• Kawasaki Kisen Kaisha (川崎汽船株式会社)coreTechnology or IntegrationLong-term charter agreements for VLGC vessels. Built Pyxis Pioneer (delivered 2019), AXIS RIVER (delivered 2023, dual-fuel LPG/ammonia carrier), and AQUAMARINE PROGRESS Ⅱ (delivered 2024). Also chartered Genesis River VLGC (2018) and 3 new VLGC vessels ordered in 2015.
• Kumiai Navigation (Pte) LtdcoreTechnology or IntegrationLong-term charter agreement for 82,200m3 VLGC (Pyxis Alfa, delivered May 2017).
• KSS LINE (Korea)coreTechnology or IntegrationLong-term charter agreement for 84,000m3 VLGC.

Scale indicators10 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Iwatani Corporation: Japan's largest LPG wholesaler and industrial gas supplier. Directly comparable on LPG import, wholesale, and end-user distribution, and a fellow co-founder of the Japan Green LPG Promotion Council alongside Gyxis.
• Astomos Energy Corporation: One of Japan's largest LPG importers and wholesalers, also formed through multi-company integration. Directly comparable to Gyxis on supply-chain structure, import-base footprint, and customer base (domestic LPG dealers); already a counterparty to Gyxis in the Chubu logistics partnership.
• Japan Gas Energy Co., Ltd. Japanese LPG importer and wholesaler serving registered dealers nationwide. Directly comparable to Gyxis on supply-chain model and dealer-channel distribution; also a co-founding member of the Japan Green LPG Promotion Council.
• ENEOS Globe Corporation: LPG wholesale and trading subsidiary of ENEOS Holdings, with import bases and a domestic dealer network. Competes directly with Gyxis in the Japanese LPG wholesaling market and is a fellow member of the Japan Green LPG Promotion Council.

Broad incumbents

• SHV Energy: Global LPG distribution group (parent of Primagas, Calor, and other regional LPG businesses). Comparable to Gyxis on international LPG trading scale, downstream dealer/customer distribution, and global procurement reach, though operating in Europe/Asia rather than Japan specifically.
• UGI Corporation: U.S.-based LPG and propane distributor with international operations. Comparable to Gyxis on commodity LPG/propane distribution to end consumers via dealer networks, energy marketing, and midstream storage, though operating primarily in the Americas and Europe.

Others

• Idemitsu Kosan Co., Ltd. 20% shareholder of Gyxis and one of Japan's largest petroleum refiners and energy companies. Overlaps with Gyxis in LPG-related petroleum infrastructure, including the Aichi Plant used as a shared Chubu-region LPG logistics base.
• Cosmo Energy Holdings Co., Ltd. 40% parent shareholder of Gyxis and a major Japanese integrated energy company (refining, petroleum products, and renewables). Relevant as the upstream-aligned owner whose petroleum business originally seeded Gyxis's LPG operations.
• Sumitomo Corporation: 40% parent shareholder of Gyxis and a global LPG trader in its own right. Relevant as both an owner and an adjacent LPG trading business with overlapping international trading and shipping capabilities.

Emerging players

• Tokyo Gas Co., Ltd. Japan's largest city gas utility and an aggressive mover into residential energy services, hydrogen, and electrification. Competes with Gyxis for the residential energy wallet in the same Japanese households, making it the most relevant adjacent competitor on demand-substitution risk.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gyxis-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gyxis