Sojitz Corp ( (SZHFF) ) has released its Q1 earnings. Here is a breakdown of the information Sojitz Corp presented to its investors.
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Sojitz Corporation is a diversified Japanese trading company operating in sectors such as metals, chemicals, and energy, known for its global reach and involvement in various industries.
In the first quarter of 2025, Sojitz Corporation reported a decline in revenue and profits compared to the previous year, attributed mainly to decreased performance in its Metals, Mineral Resources & Recycling and Automotive segments.
Key financial metrics showed a 4% drop in revenue to ¥598,901 million and a 21.6% decrease in profit before tax to ¥24,946 million. The company also experienced a significant reduction in total comprehensive income, down by 93.7% year-on-year, largely due to financial asset valuation changes and foreign currency translation differences. Despite these challenges, the Energy Solutions & Healthcare and Chemicals segments showed positive growth.
Looking ahead, Sojitz maintains its full-year earnings forecast, expecting a profit attributable to owners of ¥115 billion. The company plans to continue its strategic focus on maintaining a stable financial foundation and enhancing shareholder value through dividends and other financial strategies.