Sojitz Corporation Reports Mixed Financial Outcomes in Q3 2024

Sojitz ( (JP:2768) ) has provided an update.

Sojitz Corporation reported its consolidated financial results for the third quarter ended December 31, 2024. The company experienced a 5.2% increase in revenue compared to the same period last year, reaching 1,881,342 million yen. However, the profit before tax slightly decreased by 1.4% to 98,279 million yen. The overall profit for the period attributable to owners of the company rose by 1.2% to 76,120 million yen. Despite these mixed results, Sojitz maintained a stable financial position with total assets of 3,076,812 million yen and total equity of 992,367 million yen. The company also announced a forecasted annual cash dividend of 150 yen per share for the year ending March 31, 2025, indicating a focus on returning value to its shareholders.

More about Sojitz

Sojitz Corporation is a multinational company listed on the Prime section of the Tokyo Stock Exchange. It operates in various industries, providing a diverse array of products and services. The company’s focus is on maintaining a strong market presence both in Japan and internationally.

YTD Price Performance: 1.57%

Average Trading Volume: 562

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.23B

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