kabutan

Sojitz, Oct-Dec (3Q) Net Income Increases by 17%

Tue Feb 4, 2025 12:30 pm JST Earnings

2768 Sojitz Corporation 【IFRS】

Earnings Report

Sojitz Corporation <2768> [TSE Prime] announced its financial results (based on IFRS) at noon (12:30) on February 4th. The consolidated net income for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 76.1 billion yen, a 1.2% increase compared to the same period last year. However, the progress rate toward the full-year plan of 110 billion yen was 69.2%, also falling below the five-year average of 74.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to expand 32.6% from the same period last year, reaching 33.8 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income grew 16.6% from the same period last year, reaching 31.8 billion yen.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2022 1,925,323 145,453 108,731 471.0 93.8 Feb 2, 2023 IFRS
Apr - Dec, 2023 1,788,115 99,694 75,215 335.1 79.4 Feb 2, 2024 IFRS
Apr - Dec, 2024 1,881,342 98,279 76,120 351.6 Feb 4, 2025 IFRS
YoY +5.2% -1.4% +1.2% +4.9%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 1,227,381 60,989 52,831 236.4 70 May 1, 2024 IFRS
Oct - Mar, 2024 Guidance 65,689 311.6 75 Oct 30, 2024 IFRS
YoY +24.3% +31.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 2,479,840 155,036 111,247 481.9 130 May 2, 2023 IFRS
Mar, 2024 2,414,649 125,498 100,765 451.0 135 May 1, 2024 IFRS
Mar, 2025 Guidance 110,000 521.7 150 May 1, 2024 IFRS
YoY +9.2% +15.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 600,847 35,185 27,281 121.6 0.0 Feb 2, 2024 IFRS
Jan - Mar, 2024 626,534 25,804 25,550 114.4 0.0 May 1, 2024 IFRS
Apr - Jun, 2024 623,802 31,822 23,044 106.1 0.0 Jul 30, 2024 IFRS
Jul - Sep, 2024 611,423 27,200 21,267 97.9 0.0 Oct 30, 2024 IFRS
Oct - Dec, 2024 646,117 39,257 31,809 146.9 0.0 Feb 4, 2025 IFRS
YoY +7.5% +11.6% +16.6% +20.9%

Related Articles