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Sojitz Corp. (JP:2768)
:2768
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Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
―Last Year’s EPS
19,460.01Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -3.13%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with strong cash flow generation and strategic investments as positives, while significant profit decline and market-specific challenges in metals, chemicals, and automobile segments present concerns.Company Guidance
During the earnings call for the second quarter of fiscal year 2024, Sojitz executives provided detailed financial guidance and updates on their medium-term management plan. Consolidated profit for the first half was reported at JPY 47.9 billion, representing 50% of the full-year forecast of JPY 95 billion. Despite a year-on-year decrease of approximately 40%, the company remains on track to meet its annual target, citing a firm coal market and solid retail business. Core operating cash flow was a net inflow of JPY 57.7 billion, contributing to a free cash flow growth of JPY 131.4 billion. The company increased its investment plan from JPY 300 billion to JPY 500 billion, with significant investments in infrastructure, healthcare, and retail sectors, including partnerships in Vietnam and India. The executives also emphasized a stable dividend policy, targeting a payout ratio of about 30%, with a minimum annual dividend of JPY 130 per share. They aim to achieve a PB ratio of over 1x and are preparing to reach a net income level of JPY 100 billion in the next medium-term plan.Strong Cash Flow Generation
Core operating cash flow was a net inflow of JPY 57.7 billion, and free cash flow grew to JPY 131.4 billion. This indicates robust cash flow management and financial health.
Expansion in Strategic Investments
Investment plans increased from JPY 300 billion to JPY 500 billion, with significant investments in Vietnam's beef business and India's distribution sector through RIPPLR.
Record Dividend Policy
Continued stable and sustainable dividend policy with a target consolidated dividend payout ratio of approximately 30% and a minimum annual dividend of JPY 130 per share.
Resilient Retail and Consumer Services
Growth in the retail and consumer service segment due to recovery in domestic retail business and strategic investments.
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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 |
|---|---|---|---|
| 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% |
| Feb 02, 2024 | ¥3345.96 | ¥3452.66 | +3.19% |
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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