2768
Sojitz Corporation
双日株式会社
Wholesale Trade
Sojitz Corporation operates as a general trading company worldwide. The company operates through Automotive; Aerospace, Transportation & Infrastructure; Energy Solutions & Healthcare; Metals, Mineral Resources & Recycling; Chemicals; Consumer Industry & Agriculture Business; Retail & Consumer Service; and Others segments. It is involved in the assembly and sale of automobiles, auto-financing business, and parts quality assurance business; operation as an authorized dealer for premium brand vehicles; commercial aircraft, defense, and related equipment agency and sales activities; business jets, used aircraft, and parts out businesses; transportation, airport, port, and other social infrastructure projects; and marine, healthcare, renewable energy, gas-fired power plant, energy conservation, nuclear power related, ICT infrastructure project, and industrial and urban infrastructure park businesses, as well as steel-related and resource recycling businesses. The company also offers cloud and network services; industrial machinery, bearings, and automobile and motorcycle parts; organic, inorganic, functional, and fine chemicals; industrial salt, and healthcare and natural products; rare earths, resins, packaging materials, advanced films, plastic molding machines, and other plastic products; liquid crystals, electrolytic copper foils, printed circuit board electronics materials, and fiber materials and products; and coal, iron ore, ferroalloys, ores, alumina, aluminum, copper, zinc, precious metals, ceramics and minerals, coke, and carbon products. It engages in developing operations in the fields of agribusiness, foodstuffs, animal feed, livestock, and forest products; retail and consumer businesses comprising food distribution, aquaculture and livestock, shopping center management, consumer goods distribution, and real estate activities, as well as offers logistics and insurance services. The company was founded in 1862 and is headquartered in Tokyo, Japan.
Price
¥5,391
Market Cap
¥1.1T
Ent. Value
¥2.2T
Net Debt
−¥1.1T
Shares Out.
212.1M
P / E
10.9×
EV / EBIT
16.2×
P / Book
1.03×
P / NCAV
N/M
Div. Yield
1.53%
Financials
| Metric |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥2,509.7B | ¥2,414.6B | ¥2,479.8B | ¥2,100.8B |
| Cost of Sales | ¥2,389.9B | ¥2,088.7B | ¥2,142.3B | ¥1,829.4B |
| Gross Profit | ¥367.5B | ¥326.0B | ¥337.6B | ¥271.3B |
| SG&A | ¥305.1B | ¥241.5B | ¥222.8B | ¥180.3B |
| Operating Income | ¥135.3B | — | — | — |
| Non-Operating Income | ¥23.0B | ¥18.2B | ¥19.5B | ¥13.3B |
| Interest Income | ¥14.9B | ¥11.9B | ¥12.8B | ¥7.4B |
| Non-Operating Expenses | ¥26.5B | ¥24.0B | ¥19.3B | ¥11.2B |
| Interest Expense | ¥26.5B | ¥24.0B | ¥18.5B | ¥11.2B |
| Ordinary Income | ¥114.2B | — | — | — |
| Pre-tax Income | ¥115.6B | ¥125.5B | ¥155.0B | ¥117.3B |
| Net Income (owners) | ¥103.6B | ¥100.8B | ¥111.2B | ¥82.3B |
| Minority Interest | ¥3.6B | ¥2.3B | ¥4.6B | ¥3.1B |
| Comprehensive Income | ¥106.4B | ¥173.3B | ¥145.8B | ¥148.6B |
| EPS | ¥494.95 | ¥450.97 | ¥481.94 | ¥352.65 |
| Shares Outstanding | 212.1M | 218.8M | 231.7M | 231.8M |
| Shares Issued (total) | 225.0M | 225.0M | 250.3M | 250.3M |
| Treasury Shares | 12.9M | 6.2M | 18.6M | 18.5M |
| Metric |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥3,648.0B | ¥2,886.9B | ¥2,660.8B | ¥2,661.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥1,928.4B | ¥1,462.5B | ¥1,444.5B | ¥1,394.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥245.1B | ¥196.3B | ¥247.3B | ¥271.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥1,719.6B | ¥1,424.4B | ¥1,216.3B | ¥1,267.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥268.5B | ¥234.3B | ¥195.4B | ¥201.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥151.3B | ¥132.6B | ¥85.7B | ¥82.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥113.9B | ¥92.2B | ¥70.8B | ¥85.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥9.7B | ¥11.5B | ¥6.6B | ¥8.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,494.2B | ¥1,931.2B | ¥1,784.3B | ¥1,897.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥1,240.9B | ¥973.5B | ¥891.8B | ¥897.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥299.5B | ¥164.1B | ¥167.8B | ¥231.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥1,253.3B | ¥957.8B | ¥892.4B | ¥1,000.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥996.1B | ¥742.6B | ¥715.9B | ¥821.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥38.0B | ¥38.1B | ¥26.0B | ¥31.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥1,153.8B | ¥955.6B | ¥876.6B | ¥763.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥96.8B | ¥96.4B | ¥147.6B | ¥147.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥615.4B | ¥490.0B | ¥422.2B | ¥314.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-45.7B | ¥-21.9B | ¥-31.1B | ¥-31.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥190.1B | ¥199.2B | ¥138.6B | ¥136.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥1,090.4B | ¥924.1B | ¥837.7B | ¥728.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥38.7B | ¥31.6B | ¥38.9B | ¥35.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥1,295.6B | ¥906.7B | ¥883.7B | ¥1,052.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-1,050.5B | ¥-710.4B | ¥-636.4B | ¥-781.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-565.8B | ¥-468.7B | ¥-339.7B | ¥-503.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥-2,668 | ¥-2,142 | ¥-1,466 | ¥-2,173 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥5,141 | ¥4,222 | ¥3,615 | ¥3,141 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥16.8B | ¥112.2B | ¥171.6B | ¥65.1B |
| D&A | ¥49.9B | ¥42.0B | ¥39.9B | ¥34.3B |
| Investing CF | ¥-86.6B | ¥12.4B | ¥29.2B | ¥-138.8B |
| CapEx | ¥40.1B | ¥27.1B | ¥25.7B | ¥18.4B |
| Financing CF | ¥110.2B | ¥-186.5B | ¥-230.4B | ¥46.9B |
| Free Cash Flow | ¥-23.3B | ¥85.1B | ¥146.0B | ¥46.7B |
| Metric |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 9.8% | 11.0% | 13.6% | 10.8% |
| ROA | 3.2% | 3.6% | 4.2% | 3.1% |
| EPS | ¥494.95 | ¥450.97 | ¥481.94 | ¥352.65 |
| DPS | ¥82.50 | ¥135.00 | ¥130.00 | ¥106.00 |
| BPS | ¥5,240.64 | — | — | — |
| FCF/Share | ¥-110 | ¥389 | ¥630 | ¥202 |
| NCAV/Share | ¥-2,668 | ¥-2,142 | ¥-1,466 | ¥-2,173 |
| Payout Ratio | 16.7% | 29.9% | 27.0% | 30.1% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 23
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-01
12:15
|
Div Increase | ¥172.5/sh +5% | Shoei announced FY2026 total dividend of 165 yen per share (82.50 yen final + 82.50 yen interim from FY2025), and FY2027… | |
|
Summary
Shoei announced FY2026 total dividend of 165 yen per share (82.50 yen final + 82.50 yen interim from FY2025), and FY2027 guidance of 180 yen per share (90 yen interim + 90 yen final), representing a 9.1% increase from FY2026 actual. The company follows a progressive dividend policy targeting 4.5% shareholder capital DOE under its Medium-Term Management Plan 2026.
YoY: +5%
Source (JP)
配当方針に基づき以下の通り、2026年3月期の期末配当を行うことについて決議しました。1株あたり配当金 82円50銭、配当金総額 17,271百万円
剰余金の配当(2026年3月期期末配当および2027年3月期中間配当)に関するお知らせ
TDnet PDF
|
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)(注2)
|
39,663 | 18.70% |
| 2 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)(注2)
|
15,557 | 7.33% |
| 3 |
Japan Securities Finance Co.,Ltd.
日本証券金融株式会社
|
4,290 | 2.02% |
| 4 | 三菱UFJモルガン・スタンレー証券株式会社 | 3,977 | 1.87% |
| 5 | 野村信託銀行株式会社(投信口)(注2) | 3,631 | 1.71% |
| 6 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 3,088 | 1.46% |
| 7 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行決済営業部)
|
2,853 | 1.35% |
| 8 | JPモルガン証券株式会社 | 2,771 | 1.31% |
| 9 |
STATE STREET BANK WEST CLIENT - TREATY
STATE STREET BANK WEST CLIENT - TREATY 505234(常任代理人 株式会社みずほ銀行決済営業部)
|
2,702 | 1.27% |
| 10 |
THE BANK OF NEW YORKMELLON
THE BANK OF NEW YORKMELLON 140044(常任代理人 株式会社みずほ銀行決済営業部)
|
1,761 | 0.83% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
26.0%
+1.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
11.8%
-0.5% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 37.9% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 日本マスタートラスト信託銀行 | 14.91% | 17.46% | 18.70% +1.24% | |
| 日本カストディ銀行 | 6.42% | 7.32% | 7.33% +0.01% | |
| Japan Securities Finance Co.,Ltd. 日本証券金融 | 1.72% | 1.82% | 2.02% +0.20% | |
| Morgan Stanley ↑ | 2.00% | 1.26% | 1.87% +0.61% | |
| 野村信託銀行株式会社(投信口)(注2) NEW ENTRY | — | — | — | 1.71% NEW |
| STATE STREET BANK AND TRUST COMPANY 505001 NEW ENTRY | — | — | — | 1.46% NEW |
| STATE STREET BANK AND TRUST COMPANY STATE STREET BANK AND TRUST COMPANY 505103 | 1.61% | 1.33% | 1.35% +0.02% | |
| JPモルガン証券 | 1.13% | 2.58% | 1.31% -1.27% | |
| STATE STREET BANK WEST CLIENT - TREATY STATE STREET BANK WEST CLIENT - TREATY 505234 | 1.87% | 1.20% | 1.27% +0.07% | |
| THE BANK OF NEW YORKMELLON THE BANK OF NEW YORKMELLON 140044 | 1.45% | 1.50% | 0.83% -0.67% | |
| 野村信託銀行株式会社(投信口)(注)2 last seen 2024 | Exited Top 10 | — | 1.43% | — |
| GOLDMAN SACHS INTERNATIONAL GOLDMAN SACHS INTERNATIONAL last seen 2024 | Exited Top 10 | — | 1.18% | — |
| いちごトラスト・ピーティーイー・リミテッド last seen 2023 | Exited Top 10 | 8.94% | — | — |
| SSBTC CLIENT OMNIBUSACCOUNT last seen 2023 | Exited Top 10 | 1.07% | — | — |
| Concentration (HHI) ⓘ | 361 | 379 | 422 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥52,506M
-5% since 2023
Holdings
35
+3 new
10 exited
Trend
10 unwinding
vs 2023
| Held Company | FY2025 ¥52,506M total | FY2023 ¥55,246M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
| 日本発条㈱ | 21,198 |
13,199,462
|
12,499 | 13,199,462 | M |
|
NICHIRIN CO., LTD.
㈱ニチリン
|
4,095 |
1,144,000
|
2,707 | 1,144,000 | |
|
ANA HOLDINGSINC.
ANAホールディングス㈱
|
3,900 |
1,413,600
|
4,065 | 1,413,600 | |
|
Japan Airport Terminal Co.,Ltd.
日本空港ビルデング㈱
|
3,474 |
845,000
|
5,577 | 845,000 | |
|
YAMAZAKI BAKING CO., LTD.
山崎製パン㈱
|
3,454 |
-50.0%
↓
1,199,544
|
3,848 | 2,399,089 | M |
|
SINFONIA TECHNOLOGY CO., LTD.
シンフォニアテクノロジー㈱
|
1,844 |
308,400
|
486 | 308,400 | M |
|
Tokuyama Corporation
㈱トクヤマ
|
1,808 |
-50.0%
↓
648,420
|
2,729 | 1,296,840 | |
|
Skymark Airlines Inc.
スカイマーク㈱
|
1,556 |
NEW
New
3,009,900
|
— | ||
|
NISSHIN SEIFUN GROUP INC.
㈱日清製粉グループ本社
|
1,534 |
-50.0%
↓
886,805
|
2,750 | 1,773,610 | M |
|
ADEKA CORPORATION
㈱ADEKA
|
1,509 |
-0.0%
↓
561,400
|
1,267 | 561,401 | M |
|
Showa Sangyo Co., Ltd.
昭和産業㈱
|
1,417 |
-50.0%
↓
500,000
|
2,537 | 1,000,000 | M |
|
Nippon Fine Chemical Co., Ltd.
日本精化㈱
|
1,081 |
540,700
|
1,414 | 540,700 | M |
| Braskem S.A. | 1,073 |
-10.9%
↓
3,659,062
|
2,202 | 4,105,662 | |
|
OSAKA SODA CO.,LTD.
㈱大阪ソーダ
|
942 |
+400.0%
↑
580,510
|
505 | 116,102 | M |
|
NIPPN CORPORATION
㈱ニップン
|
909 |
-50.0%
↓
419,064
|
1,391 | 838,128 | M |
|
譬ェ蠑丈シ夂、セ繧ク繝」繝代Φ繧、繝ウ繝吶せ繝医Γ繝ウ繝医い繝峨ヰ繧、繧カ繝シ
㈱ジャパンインベストメントアドバイザー
|
729 |
+100.0%
↑
400,000
|
211 | 200,000 | |
| PT.Nippon Indosari Corpindo Tbk | 529 |
-42.4%
↓
61,949,750
|
1,426 | 107,563,250 | |
|
Hokuetsu Corporation
北越コーポレーション㈱
|
313 |
-50.0%
↓
256,500
|
455 | 513,000 | M |
|
TAYCA CORPORATION
テイカ㈱
|
300 |
225,096
|
264 | 225,096 | M |
|
KANSAI PAINT CO.,LTD.
関西ペイント㈱
|
232 |
+8.1%
↑
108,831
|
179 | 100,653 | M |
| Archean Chemical Industries Limited | 112 |
-95.1%
↓
123,053
|
2,666 | 2,500,000 | |
| PicoCELA㈱ | 107 |
NEW
New
1,264,500
|
— | ||
|
Toabo Corporation
㈱トーア紡コーポレーション
|
106 |
271,000
|
96 | 271,000 | M |
|
Gun Ei Chemical Industry Co., Ltd.
群栄化学工業㈱
|
82 |
27,800
|
71 | 27,800 | M |
|
KUNIMINE INDUSTRIES CO.,LTD
クニミネ工業㈱
|
78 |
76,000
|
70 | 76,000 | M |
| Green Earth Institute㈱ | 64 |
150,000
|
117 | 150,000 | |
|
Alphax Food System Co.,LTD
㈱アルファクス・フード・システム
|
60 |
NEW
New
172,100
|
— | ||
| Samvardhana Motherson International Limited | — | — | |||
| アイペットホールディングス㈱ | — | — | |||
| インパクトホールディングス㈱ | — | — | |||
|
MORESCO Corporation
㈱MORESCO
|
— | — | |||
|
FURUKAWA CO.,LTD.
古河機械金属㈱
|
— | — | M | ||
|
Oriental Shiraishi Corporation
オリエンタル白石㈱
|
— | — | |||
|
DAISHIN CHEMICAL CO.,LTD.
大伸化学㈱
|
— | — | |||
|
Nitta Gelatin Inc.
新田ゼラチン㈱
|
— | — | |||
|
NIHON SEIKO CO.,LTD.
日本精鉱㈱
|
— |
−100%
Exit
—
|
409 | 132,000 | |
| TAYO ROLLS LIMITED | — |
−100%
Exit
—
|
25 | 307,341 | |
|
FUJIFILM Holdings Corporation
富士フイルムホールディングス㈱
|
— |
−100%
Exit
—
|
2,721 | 406,330 | M |
|
NIPPON SHOKUBAI CO., LTD.
㈱日本触媒
|
— |
−100%
Exit
—
|
1,016 | 192,515 | M |
|
DAISUE CONSTRUCTION CO., LTD.
大末建設㈱
|
— |
−100%
Exit
—
|
719 | 618,987 | M |
|
TOLI Corporation
東リ㈱
|
— |
−100%
Exit
—
|
282 | 1,034,500 | M |
|
Toho Metal Co.
東邦金属㈱
|
— |
−100%
Exit
—
|
219 | 126,800 | M |
|
Fujiya Co.,Ltd
㈱不二家
|
— |
−100%
Exit
—
|
179 | 72,617 | M |
|
SHIKOKU KASEI HOLDINGS CORPOLATION
四国化成ホールディングス㈱
|
— |
−100%
Exit
—
|
73 | 52,500 | M |
|
Torigoe Flour Milling Co.
鳥越製粉㈱
|
— |
−100%
Exit
—
|
71 | 119,000 | |
| Portfolio total | 52,506 | 55,246 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding