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Sojitz surges in afternoon trading on 25.5% profit growth forecast and 15 yen dividend increase

Fri May 1, 2026 12:46 pm JST Catalyst

Sojitz Corporation <2768> surged further in afternoon trading. On the 1st, the company announced its consolidated financial results for the fiscal year ending March 2026 and projected net profit of 130 billion yen (up 25.5% year-on-year) for the fiscal year ending March 2027. The dividend forecast for the current fiscal year is set at 180 yen per share (an increase of 15 yen), with 90 yen each for the interim and year-end dividends. The company expects to achieve record-high net profit, attracting buying interest.

In the Metals, Mineral Resources & Recycling segment, Sojitz anticipates improvements in its Australian coal business. The Lifestyle & Agribusiness segment is expected to see profit expansion in overseas fertilizer operations, while the Automotive segment projects a reduction in losses from unprofitable businesses in Australia and Japan. Net profit for the fiscal year ending March 2026 was 103.61 billion yen, down 6.3% from the previous year.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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