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Sojitz (2768) investor relations material
Sojitz Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Profit for the first half of FY2025 reached JPY45.3bn, achieving 39% of the full-year forecast and aligning with expectations despite segment forecast revisions.
Revenue for H1 FY2025 was JPY1,240.3bn, up 0.4% year-over-year, driven by growth in Energy Solutions & Healthcare, offsetting declines in Metals, Mineral Resources & Recycling due to lower coal prices.
Gross profit increased 3.6% year-over-year to JPY171.6bn, but profit before tax fell 8.9% to JPY53.8bn due to higher expenses.
Dividends per share increased 10% year-over-year to JPY165, and a JPY10.0bn stock repurchase was completed.
Strategic focus on expanding new investments, enhancing existing businesses, and portfolio transformation toward sustainable growth.
Financial highlights
Basic earnings per share increased to JPY216.45 from JPY203.93 year-over-year.
Total assets as of September 30, 2025, were JPY3,249.4bn, up JPY162.1bn from March 31, 2025.
Net interest-bearing debt rose to JPY968.2bn, with a net DER of 0.99.
Cash and cash equivalents at period end were JPY186.6bn.
ROE stood at 11.6% and ROA at 3.6% for H1.
Outlook and guidance
Full-year profit forecast remains at JPY115.0bn, with 39% progress achieved in H1.
Annual dividend for the year ending March 31, 2026, is planned at JPY165 per share, with an interim dividend of JPY82.50.
Segment forecasts revised: upward for Aerospace, Transportation & Infrastructure and Energy Solutions & Healthcare; downward for Automotive and Metals, Mineral Resources & Recycling.
The revised forecast assumes a yen/dollar rate of JPY145/US$.
Approximately 70% of core operating cash flow over three years to be allocated to growth investments, with 30% to shareholder returns.
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