TOKYO, May 01 (Pulse News Wire) – Sojitz Corporation (2768.T) reported its fiscal second quarter ending March 31, 2026, showing revenue growth but lower net profit compared to the same period last year. Revenue reached ¥2.76 trillion, marking a 15.4% increase from the previous year.
However, net income was ¥1.09 trillion, down 5.6% year-over-year due to higher operating expenses. The company’s earnings per share also declined slightly, with basic EPS dropping to ¥494.95 from ¥513.74 in the corresponding period last year. Additionally, Sojitz plans to distribute dividends, with final payments expected to begin on June 10, 2026.
In the upcoming fiscal year, Sojitz forecasts a significant improvement in performance, projecting a 25.5% rise in net income to ¥135 billion. The company will hold an analyst briefing, to further discuss these results and outlook. Sojitz attributed the revenue growth primarily to increased activity in energy-related businesses and defense sectors, alongside strategic investments such as those in Australian public transportation projects.
Despite challenges, the firm remains optimistic about future prospects, driven by anticipated economic conditions and favorable exchange rates.
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