SojitzSojitz Corporation2768東証プライム卸売業FY ending Mar 2026, consolidated, IFRS

Sojitz revenue and profit

Out of every ¥100 of sales, about ¥2 is left as operating profit. Revenue changed +9.9% from the prior year.

Five-year trend

Revenue¥2.76T
FY ending Mar 2022: ¥2.1T¥2.1TFY ending Mar 2023: ¥2.48T¥2.48TFY ending Mar 2024: ¥2.41T¥2.41TFY ending Mar 2025: ¥2.51T¥2.51TFY ending Mar 2026: ¥2.76T¥2.76TFY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin3.8%
Asset turnover0.82×
ROA3.1%
ROA3.1%
Financial leverage3.27×
ROE10.1%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin3.8%
2022: 3.9%3.9%2023: 4.5%4.5%2024: 4.2%4.2%2025: 4.4%4.4%2026: 3.8%3.8%2223242526
Asset turnover0.82×
2022: 0.79×0.79×2023: 0.93×0.93×2024: 0.87×0.87×2025: 0.84×0.84×2026: 0.82×0.82×2223242526
ROA3.1%
2022: 3.1%3.1%2023: 4.2%4.2%2024: 3.6%3.6%2025: 3.7%3.7%2026: 3.1%3.1%2223242526
Financial leverage3.27×
2022: 3.66×3.66×2023: 3.40×3.40×2024: 3.15×3.15×2025: 3.16×3.16×2026: 3.27×3.27×2223242526
ROE10.1%
2022: 11.3%11.3%2023: 14.2%14.2%2024: 11.4%11.4%2025: 11.7%11.7%2026: 10.1%10.1%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.9%0.79×3.1%3.66×11.3%
20234.5%0.93×4.2%3.40×14.2%
20244.2%0.87×3.6%3.15×11.4%
20254.4%0.84×3.7%3.16×11.7%
20263.8%0.82×3.1%3.27×10.1%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue9.7%
2021: 11.9%11.9%2022: 9.6%9.6%2023: 7.9%7.9%2024: 9.7%9.7%2025: 10.3%10.3%2026: 9.7%9.7%212223242526
PPE ÷ total assets7.4%
2021: 8.3%8.3%2022: 7.6%7.6%2023: 7.3%7.3%2024: 8.1%8.1%2025: 8.4%8.4%2026: 7.4%7.4%212223242526
Goodwill ÷ parent equity16.5%
2021: 10.9%10.9%2022: 11.3%11.3%2023: 10.2%10.2%2024: 14.3%14.3%2025: 15.6%15.6%2026: 16.5%16.5%212223242526
Goodwill balance¥179.7B
2021: ¥67.2B¥67.2B2022: ¥82.5B¥82.5B2023: ¥85.7B¥85.7B2024: ¥132.6B¥132.6B2025: ¥151.3B¥151.3B2026: ¥179.7B¥179.7B212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue2,100,7522,479,8402,414,6492,509,7142,757,350
Cost of revenue1,829,4332,142,2722,088,6942,162,9212,389,861
Gross profit271,319337,567325,955346,793367,489
SG&A180,314222,771241,464269,903305,116
Operating income—————
Pretax income117,295155,036125,498135,300115,630
Income tax31,82439,21122,43721,1017,983
Net income attributable to owners82,332111,247100,765110,636103,611
Operating margin—————

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

7%
7%
5%
Other assets 81%

Funding

Other liabilities 68%
Equity 32%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥271.7B¥247.3B¥196.3B¥192.3B¥245.1B
Total assets¥2.66T¥2.66T¥2.89T¥3.09T¥3.65T
Net assets¥763.9B¥876.6B¥955.6B¥1.01T¥1.15T
Share capital¥160.3B¥160.3B¥160.3B¥160.3B¥160.3B
Property, plant and equipment¥201.5B¥195.4B¥234.3B¥259.2B¥268.5B
Goodwill¥82.5B¥85.7B¥132.6B¥151.3B¥179.7B
Current assets¥1.39T¥1.44T¥1.46T¥1.58T¥1.93T
Total liabilities¥1.9T¥1.78T¥1.93T¥2.08T¥2.49T
Equity attributable to owners of parent¥728B¥837.7B¥924.1B¥969B¥1.09T
Retained earnings¥314.9B¥422.2B¥490B¥567.4B¥615.4B
Treasury stock-¥31B-¥31.1B-¥21.9B-¥45.7B-¥5.23B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第23期(2025/04/01-2026/03/31)

    ID S100Y9EI2026-06-09Open
  • EDINET (FSA Japan)

    有価証券報告書-第22期(2024/04/01-2025/03/31)

    ID S100VY7S2025-06-16Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第21期(2023/04/01-2024/03/31)

    ID S100TWFF2024-07-01Open
  • EDINET (FSA Japan)

    有価証券報告書-第20期(2022/04/01-2023/03/31)

    ID S100QYMO2023-06-20Open
  • EDINET (FSA Japan)

    有価証券報告書-第19期(令和3年4月1日-令和4年3月31日)

    ID S100O6U42022-06-17Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第18期(令和2年4月1日-令和3年3月31日)

    ID S100LR0X2021-06-28Open

Extracted from XBRL: 43 / Derived from other figures: 1

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