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Sojitz Corp. (JP:2768)
:2768
Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
―Last Year’s EPS
19,198.31Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 04, 2025
|% Change Since: 0.00%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects balanced aspects of Sojitz Corporation's performance. While there are notable achievements such as the upward revision of profit forecasts, strong cash flow, and growth in certain segments, these are counterbalanced by declines in profit, challenges in key segments, and increased SG&A expenses.Company Guidance
During the Q3 2024 earnings call, Makoto Shibuya, CFO of Sojitz Corporation, discussed the financial performance and future outlook of the company. Consolidated profit for the period was JPY 75.2 billion, representing a 30% decline year-on-year but achieving 75% of the revised full-year forecast of JPY 100 billion. The decline was primarily attributed to lower coal prices and reduced demand for chemical products. Despite these challenges, progress in new investments and asset accumulation contributed to gross profit growth, totaling JPY 242.3 billion. The annual dividend forecast was raised to JPY 135 per share, with a payout ratio of 30.2%. Cash flow from operating activities was a net inflow of JPY 86.2 billion, and free cash flow was JPY 111.7 billion. The company's PBR was at 0.86, with efforts ongoing to achieve a target of above 1x. Shibuya highlighted improvements in Automotive, Infrastructure & Healthcare, and Retail & Consumer Service segments, while noting challenges in Metals, Mineral Resources & Recycling due to market conditions. The presentation concluded with an optimistic outlook for achieving an average net profit of over JPY 120 billion in the next MTP period.Upward Revision of Full Year Profit Forecast
The full year profit forecast has been revised upward from JPY 95 billion to JPY 100 billion, indicating confidence in achieving higher earnings despite current challenges.
Strong Free Cash Flow
Free cash flow reached a significant inflow of JPY 111.7 billion, demonstrating effective cash flow management and strong operational performance.
Retail & Consumer Service Segment Growth
The Retail & Consumer Service segment saw significant growth due to recovery in domestic retail business, sale of a shopping mall, and a negative goodwill from new investments.
Dividend Increase
Annual dividend forecast has been revised upward from JPY 130 per share to JPY 135 per share, reflecting increased profitability and commitment to shareholder returns.
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JP:2768 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:2768 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 04, 2025 | ¥3125.00 | ¥3278.00 | +4.90% |
| Oct 30, 2024 | ¥3294.00 | ¥3202.00 | -2.79% |
| Jul 30, 2024 | ¥3644.91 | ¥3509.95 | -3.70% |
| May 01, 2024 | ¥3969.59 | ¥4184.75 | +5.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sojitz Corp. (JP:2768) report earnings?
Sojitz Corp. (JP:2768) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is Sojitz Corp. (JP:2768) earnings time?
Sojitz Corp. (JP:2768) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Sojitz Corp. stock?
The P/E ratio of Sojitz is N/A.
What is JP:2768 EPS forecast?
Currently, no data Available
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