Sojitz Balance Sheet Health

Financial Health criteria checks 4/6

Sojitz has a total shareholder equity of ¥990.1B and total debt of ¥1,017.0B, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are ¥2,921.8B and ¥1,931.7B respectively. Sojitz's EBIT is ¥72.8B making its interest coverage ratio 10.6. It has cash and short-term investments of ¥199.5B.

Key information

102.7%

Debt to equity ratio

JP¥1.02t

Debt

Interest coverage ratio	10.6x
Cash	JP¥199.46b
Equity	JP¥990.09b
Total liabilities	JP¥1.93t
Total assets	JP¥2.92t

Recent financial health updates

No updates

Recent updates

Earnings Working Against Sojitz Corporation's (TSE:2768) Share Price Following 30% Dive

Aug 06

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00

Jul 25

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00

Jul 11

Why Investors Shouldn't Be Surprised By Sojitz Corporation's (TSE:2768) Low P/E

Jun 11

Here's What Analysts Are Forecasting For Sojitz Corporation (TSE:2768) After Its Annual Results

May 03

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00

Mar 13

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00

Feb 28

Financial Position Analysis

Short Term Liabilities: 2768's short term assets (¥1,468.8B) exceed its short term liabilities (¥933.0B).

Long Term Liabilities: 2768's short term assets (¥1,468.8B) exceed its long term liabilities (¥998.7B).

Debt to Equity History and Analysis

Debt Level: 2768's net debt to equity ratio (82.6%) is considered high.

Reducing Debt: 2768's debt to equity ratio has reduced from 136.8% to 102.7% over the past 5 years.

Debt Coverage: 2768's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 2768's interest payments on its debt are well covered by EBIT (10.6x coverage).

Sojitz Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Recent updates

Sojitz Corporation (TSE:2768) announces an Equity Buyback for 6,500,000 shares, representing 2.99% for ¥25,000 million.

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00

Upcoming dividend of JP¥75.00 per share

Sojitz's (TSE:2768) Shareholders Will Receive A Bigger Dividend Than Last Year

Sojitz Corporation to Report Q2, 2025 Results on Oct 30, 2024

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥75.00

Samvardhana Motherson Innovative Solutions Limited completed the acquisition of remaining 34% stake in Motherson Auto Solutions Ltd from Sojitz Corporation (TSE:2768).

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥75.00

Investor sentiment deteriorates as stock falls 16%

Earnings Working Against Sojitz Corporation's (TSE:2768) Share Price Following 30% Dive

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥75.00

Final dividend of JP¥75.00 announced

High number of new directors

Sojitz Corporation to Report Q1, 2025 Results on Jul 30, 2024

Full year 2024 earnings: EPS misses analyst expectations

Why Investors Shouldn't Be Surprised By Sojitz Corporation's (TSE:2768) Low P/E

Moon River Capital Ltd. (TSXV:MOO) completed the acquisition of Sojitz Moly Resources, Inc. from Sojitz Corporation (TSE:2768).

Here's What Analysts Are Forecasting For Sojitz Corporation (TSE:2768) After Its Annual Results

Full year 2024 earnings: EPS misses analyst expectations

Sojitz Corporation, Annual General Meeting, Jun 18, 2024

Upcoming dividend of JP¥70.00 per share

Sojitz (TSE:2768) Will Pay A Larger Dividend Than Last Year At ¥70.00

Sojitz Corporation to Report Fiscal Year 2024 Results on May 01, 2024

Moon River Capital Ltd. (TSXV:MOO) signed an agreement to acquire Sojitz Moly Resources, Inc. from Sojitz Corporation (TSE:2768).

Sojitz (TSE:2768) Is Increasing Its Dividend To ¥70.00

Sojitz Corporation (TSE:2768) announces an Equity Buyback for 4,000,000 shares, representing 1.81% for ¥16,000 million.

Sojitz Corporation (TSE:2768) acquired Silaba Motors S.A.

Third quarter 2024 earnings released: EPS: JP¥123 (vs JP¥129 in 3Q 2023)

Sojitz Corporation Revises Dividend Guidance for the Fiscal Year Ending March 31, 2024

Sojitz Corporation Announces Executive Changes

Sojitz Corporation to Report Q3, 2024 Results on Feb 02, 2024

ArcLight Capital Partners, LLC completed the acquisition of Minority Interest in Kleen Energy Systems, LLC from Sojitz Corporation (TSE:2768).

Sojitz Corporation Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2024

Upcoming dividend of JP¥65.00 per share at 3.7% yield

Sojitz Corporation (TSE:2768) agreed to acquire Orchid Wind Power Gmbh and Starwind Offshore GmbH.

Sojitz Corporation to Report Q2, 2024 Results on Oct 31, 2023

ArcLight Capital Partners, LLC agreed to acquire Kleen Energy Systems, LLC from Sojitz Corporation (TSE:2768).

Sojitz Corporation Provides Dividend Forecast for the Second Quarter and for the Year End 2024

New minor risk - Profit margin trend

Price target increased by 8.1% to JP¥3,440

Sojitz Corporation to Report Q1, 2024 Results on Aug 01, 2023

Sojitz Corporation (TSE:2768) completed the acquisition of Albert Automotive Holdings Pty Ltd.

Upcoming dividend of JP¥65.00 per share at 5.0% yield

Consensus revenue estimates increase by 14%, EPS downgraded

Sojitz Corporation Announces Changes to Representative Directors

Dai-ichi Life Holdings, Inc. (TSE:8750) completed the acquisition of 99.23% stake in ipet Holdings, Inc. (TSE:7339) from the shareholders for ¥38.7 billion.

Consensus EPS estimates increase by 11%

Sojitz Corporation to Report Q3, 2023 Results on Feb 02, 2023

SBI Financial Services Co., Ltd. completed the acquisition of 67% stake in Sojitz REIT Advisors K.K. from Sojitz Corporation (TSE:2768).

High number of new and inexperienced directors

Consensus forecasts updated

Sojitz Corporation Announces Dividend for the Second Quarter, Payable on December 1, 2022; Provides Dividend Guidance for the Year Ending March 31, 2023

SBI Financial Services Co., Ltd. agreed to acquire 67% stake in Sojitz REIT Advisors K.K. from Sojitz Corporation (TSE:2768).

Sojitz Corporation (TSE:2768) acquired K Access Corporation.

Upcoming dividend of JP¥56.00 per share

Sojitz Corporation to Report Q2, 2023 Results on Nov 01, 2022

Sojitz Corporation Provides Dividend Guidance for the Second Quarter of Year Ending March 31, 2023

Consensus EPS estimates increase by 13%

Sojitz Corporation Proposes Dividend for the Year Ended March 31, 2022, Payable on June 20, 2022

Sojitz Corporation Announces Dividend for the Year Ended March 31, 2022, Payable on June 20, 2022

High number of new and inexperienced directors

Sojitz Corporation to Report Fiscal Year 2022 Results on May 02, 2022

Upcoming dividend of JP¥58.00 per share

Sojitz Corporation (TSE:2768) agreed to acquire The Marine Foods Corporation from NH Foods Ltd. (TSE:2282).

Sojitz Corporation Revises Earnings Forecast for the Full Year Ending March 31, 2022

Third quarter 2022 earnings: EPS misses analyst expectations

Sojitz Corporation Revises Earnings Forecast for the Full Year 2021

Price target increased to JP¥2,042

Upcoming dividend of JP¥7.00 per share

Consensus revenue estimates increase to JP¥1.90t

Full year 2021 earnings released: EPS JP¥22.51 (vs JP¥48.91 in FY 2020)

Price target increased to JP¥340

Consensus EPS estimates increase to JP¥47.40

Price target increased to JP¥320