BP Castrol K.K. Provides Dividend Guidance for the Full Year Ending December 2021

BP Castrol K.K. is a Japan-based company mainly engaged in the sale of BP and Castrol brand automotive lubricants. The Company is engaged in the product development, raw material procurement, marketing activities, and sales activities. Products include gasoline engine oil, diesel engine oil, automotive gear oil, automatic transmission fluid (ATF), continuously variable transmission (CVT) fluid, and brake fluid for both the BP and Castrol brands. The automotive lubricant market divided into the passenger car market, motorcycle market, and commercial vehicle market, and the Company provides products through direct sales or agency sales. Consumer business in the passenger car market is mainly for car shops, home centers, and tire shops, and the business to business (BtoB) business is centered on domestic car dealers, imported car dealers, and auto repair shops.