Latest Financial Results and
Full Year Forecast

Stock Information

Securities Code : 2768




(Real Time)

Dividends Per Share


Dividends Yield


Consolidated Financial Results for the Third Quarter Ended December 31, 2023

more Financial Results Materials


Revenue 1,925.3 1,788.1 (137.2)
Gross profit 263.4 242.3 (21.1)
Profit for the Period attributable to owners of the Company 108.7 75.2 (33.5)

Changes of Yearly Financial Results (Cumulative)

Gross profit
Profit for the period / year attributable to owners of the Company

Segment Performance (Profit for the period attributable to owners of the Company, cumulative)

Segment Performance (Profit for the period attributable to owners of the Company, cumulative)Table
  • Note : Effective April 1, 2023, Sojitz Group reorganized several segments and changed its reporting figures for FY2022 Q1-3.


FY22 Q3 FY23 Q3 Difference
Automotive 6.9 2.8 (4.1)
Aerospace & Transportation Project 4.7 3.8 (0.9)
Infrastructure & Healthcare 13.8 9.6 (4.2)
Metals, Mineral Resources & Recycling 48.3 29.0 (19.3)
Chemicals 15.3 12.2 (3.1)
Consumer Industry & Agriculture Business 7.3 5.2 (2.1)
Retail & Consumer Service 7.1 11.4 +4.3
Others 5.3 1.2 (4.1)

Main factors behind the difference

Automotive ¥2.8 billion (Down ¥4.1 bn YoY)
Decreased due to withdrawal from distributorship businesses in Thailand and lower performance in automobile sales businesses in the Philippines
Aerospace & Transportation Project ¥3.8 billion (Down ¥0.9 bn YoY)
Decreased due to lower aircraft-related transactions
Infrastructure & Healthcare ¥9.6 billion (Down ¥4.2 bn YoY)
Decreased due to absence of gain on partial sale of equity in telecommunications tower operating business in the previous year
Metals, Mineral Resources & Recycling ¥29.0 billion (Down ¥19.3 bn YoY)
Decreased due to deterioration of market conditions and rising costs in coal business
Chemicals ¥12.2 billion (Down ¥3.1 bn YoY)
Decreased due to slowdown in demand of chemical products including plastic resins and one-time losses recorded in H1
Consumer Industry & Agriculture Business ¥5.2 billion (Down ¥2.1 bn YoY)
Decreased due to decreases in sales prices of building material business and fertilizer business in the Philippines
Retail & Consumer Service ¥11.4 billion (Up ¥4.3 bn YoY)
Increased due to recovery in domestic retail business and sales of a shopping mall in addition to negative goodwill recorded in association with a new investment
Others ¥1.2 billion (Down ¥4.1 bn YoY)

Commodity Prices and Exchange Rates

FY22 Results
(Apr.- Dec. Avg.)
FY23 Q4 Assumptions
FY23 Results
(Apr.- Dec. Avg.)
Latest Data
(As of Jan. 29, 2024)
Coking coal
US$323/t US$320/t US$281/t US$333/t
Thermal coal
US$395/t US$130/t US$148/t US$116/t
Crude oil (Brent) US$99.4/bbl US$80.0/bbl US$82.2/bbl US$82.4/bbl
rate *2
¥136.9/US$ ¥140.0/US$ ¥143.8/US$ ¥148.3/US
Interest Rate(TIBOR) 0.06% 0.06% 0.07% 0.08%
  • Coal prices are based on standard market prices and therefore differ from the Company’s selling prices.
  • Impact of fluctuations in the exchange rate on earnings: ¥1/US$ change alters gross profit by approx. ¥0.7 billion annually, profit for the year (attributable to owners of the Company) by approx. ¥0.3 billion annually, and total equity by approx. ¥2.0 billion annually.

Full Year Forecast of Fiscal Year Ending March 31, 2024


Revised Forecast
(Feb.2, 2024)
Gross profit 337.6  330.0  (7.6) 
Profit for the Year
(attributable to owners of the Company)
111.2  100.0  (11.2) 

FY2023 Forecast by Segment

FY2023 Forecast by Segment Table

Caution regarding Forward-looking Statements

This document contains forward-looking statements based on information available to the Company at the time of disclosure and certain assumptions that management believes to be reasonable. Actual results may differ materially based on various factors including the timing at which the changes in economic conditions in key markets, both in and outside of Japan, and exchange rate movements. The Company will provide timely disclosure of any material changes, events, or other relevant issues.

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This website contains forward-looking statements about future performance, events or management plans of the Company based on the available information, certain assumptions and expectation at the point of disclosure, of which many are beyond the Company’s control. These are subject to a number of risks, uncertainties and factors, including but not limited to, economic and financial conditions, factors that may affect the level of demand and financial performance of the major industries and customers we serve, interest rate and currency fluctuations, availability and cost of funding, fluctuations in commodity and materials prices, political turmoil in certain countries and regions, litigations claims, change in laws, regulations and tax rules, and other factors. Actual results, performances and achievements may differ materially from those described explicitly or implicitly in the relevant forward-looking statements. The Company has no responsibility for any possible damages arising from the use of information on this website.

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