Core earnings = Gross profit + Selling, general and administrative expenses (before provision of allowance for doubtful accounts and write-offs) + Net interest expenses + Dividend received + Share of profit (loss) of investments accounted for using the equity method
International Financial Reporting Standards.
IFRS are issued by the International Accounting Standards Board (IASB).
Sojitz Corporation has voluntarily adopted the International Financial Reporting Standards (IFRS) instead of Japanese accounting standards from the consolidated financial statements of the annual report for the fiscal year ended March 31, 2013.
Medium-term management plan
Sojitz Corporation has been working on "Medium-term Management Plan 2023 ～ Start of the Next Decade ～" a 3-year plan started in April 2021.
>> Medium-term management plan 2023
New way, New value
With the group slogan of "New way, New value," each employee of the Sojitz Group thinks creatively, unbound by traditional approaches as we strive to realize new value in society.
The Sojitz Group refers to business of the Energy Division and Metals & Mineral Resources Division (without Metal One Corporation) as "resource business," and businesses of other divisions as "non-resource business."
The Sojitz Group refers to business of the Energy Division and Metals & Mineral Resources Division (without Metal One Corporation) as "resource business."
The maximum loss that could occur in the future for all assets and positions. Risk assests are monitored by comparing risk assets to equity and profit respectively to assess the adequacy and earnings capacity of equity.
Sojitz Environmental Policy
As a member of society, in striving to realize sustainable development that balances economic development with environmental protection, the Sojitz Group has established the Sojitz Environmental Policy, as part of which we undertake activities to preserve the environment.
>> Sojitz Environmental Policy
Two Types of Values
Sojitz Group generates value through its business activities. One is "value for Sojitz" such as an enhanced business foundation and sustained growth. The other is "value for society," such as development of local economies and protection of the environment.
>> Click here for more information about the "Two Types of Value"
7-Division organizational structure; 7-Division framework
In order to accurately identify market needs and more effectively demonstrate our ability to create value, Sojitz employs a 7-Division framework based on each business division’s products, functions, and the industries in which they conduct business.