Medium-term Management Plan

General Policy

Positioning of MTP2026 － Set for Next Stage

Profitability has steadily improved, except during the COVID-19 pandemic period. We have enhanced our value creation and value-up capabilities and are making new investments to drive further growth.

We will concretize our target destination as Next Stage, and position Medium-term Management Plan 2026 to establish and strengthen our business foundation. We will strengthen businesses and form multiple attractive "Katamari (revenue-generating clusters of businesses)" that embody Sojitz’s unique identity.

To realize Sojitz Growth Story and reach Next Stage, we will actively invest in our growth foundation and human capital.

General Policy

Roadmap to the “Next Stage”

Road Map Toward Next Stage
Road Map Toward Next Stage

MTP
2023

- Start of the Next Decade -

Transformation of business portfolio for sustainable value creation, and
challenges for “New way and New value”

Continuing
growth

MTP
2026

Creating the “Sojitz Growth Story”

- Set for Next Stage -

To reach Next Stage (Market cap “2.0x Growth”),

Connect dots of our businesses to form “Katamari ”* to accelerate growth

Proactive investments in and development of human capital

Reinforcing
Base of
Growth

EnhancingHuman
Capital

* “Katamari” is the Japanese word for business cluster. In this context, it refers to a business (or business cluster) generating a significant profit. Sojitz aims to form many “ Katamari ”, each of which comprises a large portion of the Sojitz Group portfolio.

Next
Stage

Net profit: ¥200.0bn
ROE: 15%
Market cap: ¥2 trillion

Vision for 2030

“Becoming a company that constantly cultivates business and human capital”

Create our corporate value by meeting market needs and
providing solutions to social issues

Sojitz Group Statement

The Sojitz Group creates
value and prosperity by
connecting the world
with a spirit of integrity.

Quantitative Targets

  • Investment and
    Financial Discipline

    with maintaining
    financial discipline

    >¥600.0bn
    Investment plan

  • Financial Targets
    (3 years avg.)

    ROE >12%

    Net Profit
    >120.0bn

  • Shareholder Returns

    approx.30%of

    Core operating CF (3 years total)
    is allocated to shareholder returns

    Progressive dividend
    4.5% of Shareholder equity

    Flexible Share repurchase
    in case of surplus cash flow

Basic Strategy

Improvement of Corporate Value

Continuing MTP2026 to commit to improve our corporate value with aim to increase PER by realizing the “Sojitz Growth Story”.
Consequently, PBR will be consistently be maintained above 1.0x and further improvement will be achieved.

Improvement of Corporate Value

Strategy for New Investments

Make aggressive growth investments (¥600bn) and additional investments in human capital to reach the Next Stage.

Strategy for New Investments

Cash Flow Management

Cash flow management: Implementing growth/human capital investments and shareholder returns aimed at further growth by using the cash generated from our businesses and the proceeds from sale of assets as a source of funds.
Cash allocation Policy: Allocating approx. 70% of the core operating CF to growth/human capital investments and approx. 30% to shareholder returns.

Cash Flow Management
Cash Flow Management

Value Creation Measurement and Evaluation

For Medium-term Management Plan 2026, setting CROIC value creation targets which each division shall aim to achieve to reach ROE 15% at Next Stage. We conduct numerical monitoring and implement improvement measures.

Value Creation Measurement and Evaluation

Shareholder Returns

Shareholder Returns

Explanatory Materials

Medium-term Management Plan 2026 –Set for Next Stage-
(May 1, 2024)

In May 2024, Sojitz Corporation launched Medium-term Management Plan 2026 -Set for Next Stage-, its new three-year medium-term management plan.

Outline of Medium-term Management Plan 2026
-Set for Next Stage-
（November 27, 2023）

Sojitz Corporation hereby announces the formulation of the Outline of Medium-term Management Plan 2026 for the next medium-term management plan to be implemented for the period between FY2024 and FY2026. For further details, please see our news release and IR briefing materials.

Corporate Information