Sojitz Reports 34.8% Revenue Jump in First Half
Sojitz Corporation reported a 34.8% year-over-year increase in revenue for the first half of fiscal 2026, reaching ¥1.67 trillion, fueled by strong performance in its energy and chemicals businesses. This revenue growth translated to a 21.3% increase in intermediate net profit, reaching ¥68.35 billion.
The gains were supported by increased revenue from the energy and infrastructure segment, specifically from the consolidation of a power and gas retail business, and higher trading volume in chemical products. This positive performance occurred despite a complex global economic landscape characterized by geopolitical uncertainty in the Middle East, inflationary pressures, and shifting monetary policies. Sojitz’s revenue growth outperformed the broader Japanese corporate sector, which is currently experiencing robust double-digit revenue increases.
The company also approved an interim dividend of ¥90 per share, payable December 1 to shareholders of record as of September 30, maintaining the same payout as the previous year. This consistent dividend payment, alongside a maintained full-year profit forecast, suggests a measured level of confidence in the company’s financial stability and future earnings potential. The company made significant investments during the period, including the acquisition of Capella Capital Pty Ltd and Japan A&L Co., Ltd, bolstering its position in infrastructure and specialty chemicals, respectively.
While Sojitz benefits from positive macroeconomic trends, including strong economic activity in the US and sustained growth in India, the company acknowledges ongoing risks related to inflation, interest rate hikes, and regional economic slowdowns in China and Europe. The filing notes that the company is actively monitoring these factors to assess their potential impact on future performance. The results demonstrate a strong first half for Sojitz, with revenue and profit increases outpacing the prior year, indicating a solid financial foundation amid a dynamic global environment.