Last
JPY
JPY
(%)
Latest Financial Results and
Full Year Forecast
Stock Information
Securities Code : 2768
（Real Time）
Dividends Per Share
JPY
Dividends Yield
%
MarketCap
BN JPY
Consolidated Financial Results for the Third Quarter Ended December 31, 2024
more Financial Results Materials
(BN JPY)
| FY2023 Q1-3 | FY2024 Q1-3 | Difference | ||
|---|---|---|---|---|
| Revenue | 1,788.1 | 1,881.3 | +93.2 |  |
| Gross profit | 242.3 | 260.6 | +18.3 | |
| Profit for the Year attributable to owners of the Company | 75.2 | 76.1 | +0.9 | |
Changes of Yearly Financial Results (Cumulative)
Segment Performance (Profit for the period attributable to owners of the Company, cumulative)
- Note : Effective April 1, 2024, Sojitz Group reorganized several segments and changed its reporting figures for FY2023
(BN JPY)
| FY22 Q1-3 | FY23 Q1-3 | Difference | |
|---|---|---|---|
| Automotive | 2.8 | 1.2 | (1.6) |
| Aerospace,Transportation & Infrastructure | 4.5 | 9.2 | +4.7 |
| Energy Solutions & Healthcare | 9.0 | 8.7 | (0.3) |
| Metals, Mineral Resources & Recycling | 29.0 | 20.3 | (8.7) |
| Chemicals | 12.2 | 16.1 | +3.9 |
| Consumer Industry & Agriculture Business | 5.2 | 6.2 | +1.0 |
| Retail & Consumer Service | 11.4 | 9.7 | (1.7) |
| Others | 1.1 | 4.7 | +3.6 |
Main factors behind the difference
- ■Automotive JPY1.2bn (Down JPY(1.6)bn YoY)
- Despite earnings contribution from the automobile sales business in Panama, profit decreased due to a slump in the used car sales business in Australia
- ■Aerospace,Transportation & Infrastructure JPY9.2bn (Up JPY+4.7bn YoY)
- Profit increased due to increased transactions in defense system-related business and business jet services and the sale of an overseas industrial park
- ■Energy Solutions & Healthcare JPY8.7bn (Down JPY(0.3)bn YoY)
- Relatively unchanged
- ■Metals, Mineral Resources & Recycling JPY20.3bn (Down JPY(8.7)bn YoY)
- Profit decreased due to declines in market prices and sales volume in coal business
- ■Chemicals JPY16.1bn (Up JPY+3.9bn YoY)
- Profit increased due to strong performance in overseas regional trade, dividend income from industrial salts-related business, and a rebound from one-time losses in the previous fiscal year
- ■Consumer Industry & Agriculture Business JPY6.2bn (Up JPY+1.0bn YoY)
- Profit increased due to increased sales volume in overseas fertilizer business
- ■Retail & Consumer Service JPY9.7bn (Down JPY(1.7)bn YoY)
- Despite earnings contribution from a commercial food wholesaler in Vietnam and strong performance in marine products business and domestic retail business, profit decreased due to the rebound from negative goodwill and the sale of shopping mall in the previous fiscal year
- ■Others JPY4.7bn (Up JPY+3.6bn YoY)
- Increased earnings in gain on changes in equity following public offering by SAKURA internet Inc.
Commodity Prices and Exchange Rates
| FY23 Results (Apr.-Dec. Avg.) |
FY24 H2 Assumptions | FY24 Results (Apr.-Dec. Avg.) |
Latest Data （As of Jan. 29, 2025） |
|
|---|---|---|---|---|
| Coking coal *1 |
US$281/t | US$200/t | US$218/t | US$186/t (As of Jan. 28, 2025） |
| Thermal coal *1 |
US$148/t | US$140/t | US$138/t | US$114/t |
| Crude oil (Brent) | US$82.2/bbl | US$75.0/bbl | US$79.3/bbl | US$76.6/bbl |
| Exchange rate *2 |
JPY143.8/US$ | JPY150.0/US$ | JPY153.0/US$ | JPY155.7/US$ |
| Interest Rate（TIBOR) | 0.07% | 0.60% | 0.40% | 0.76% |
- 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: JPY1/US$ change alters gross profit by approx. JPY0.8 billion annually, profit for the year (attributable to owners of the Company) by approx. JPY0.3 billion annually, and total equity by approx. JPY2.0 billion annually.
Full Year Forecast of Fiscal Year Ending March 31, 2025
(BN JPY)
| FY2023 | FY2024 Forecast （Oct. 30, 2024) |
Difference |
|
|---|---|---|---|
| Gross profit | 326.0 | 350.0 | +24.0 |
Profit for the Year (attributable to owners of the Company) |
100.8 | 110.0 | +9.2 |
FY2024 Revised Forecast by Segment
- Based on organizational changes, figures for Aerospace, Transportation & Infrastructure, Energy Solutions & Healthcare and Other segments have been arrived at through a simple conversion of figures for the previous organizational structure to reflect the new organizational structure.
Accordingly, it is possible that these figures may differ from those disclosed later.
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.
Recommended Content
This Website was created for the purpose of providing information relating to Sojitz corporation. It was not created to solicit investors to buy or sell Sojitz Corporation's stock. The final decision and responsibility for investments rests solely with the user of this Website and its content.
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.
Although the information on this website is prepared with the greatest care, the Company does not guarantee the accuracy, continuity or quality of any information provided on this website or that it is up-to-date, nor does it accept responsibility for any damage or loss arising from the falsification of data by third parties, data downloads, etc., irrespective of the reasons therefore.
Please also be aware that information on this Website may be changed, modified, added or removed at any time without prior notice.