Slide 1: Presentation Materials for Financial Results for the First Half Ended September 30, 2025
Presentation Materials for Financial Results for the First Half Ended September 30, 2025 Progress of Medium-term Management Plan 2026 -Set for Next Stage- October 30, 2025 Sojitz Corporation Copyright Copyright ©©Sojitz Sojitz Corporation Corporation 2023 2025
Slide 2: Index
Index INDEX｜1 Progress of Medium-term Management Plan 2026 -Set for Next Stage- INDEX｜2 Financial Results for the First Half Ended September 30, 2025 and Full Year Forecast of Fiscal Year Ending March 31, 2026 INDEX｜3 Segment Information INDEX｜4 Supplemental Information Copyright © Sojitz Corporatio
Slide 3: Progress of Medium-term Management Plan 2026 -Set for Next Stage-
INDEX｜1 Progress of Medium-term Management Plan 2026 -Set for Next Stage-
Slide 4: FY25 H1 Summary
INDEX ｜ 1 FY25 H1 Summary ⚫ Profit for the period of JPY45.3bn in FY2025 H1, representing profit progress of 39% toward full-year forecast, in line with expectations ⚫ Results in line with in full-year forecast, despite revisions to segment forecasts ⚫ Impact of U.S. Tariffs : Expected to remain wit
Slide 5: Creating the Sojitz Growth Story
INDEX ｜ 1 The Sojitz Growth Story Creating the “Sojitz Growth Story” Transformation of portfolio to advance Sojitz to its Next Stage through creating the Sojitz Growth Story Expansion of new investments Enhancement of existing businesses ⚫ Pursuit of capacity acquisition and business ⚫ Utilization o
Slide 6: The Sojitz Growth Story - Expansion of New Investments
INDEX ｜ 1 The Sojitz Growth Story - Expansion of New Investments ⚫ Steady progress is being made toward the execution of the JPY600.0bn investment plan under MTP2026, aiming for doubled corporate value in the Next Stage ⚫ Project formation is advancing mainly in the essential infrastructure domain,
Slide 7: The Sojitz Growth Story - Enhancement of Existing Businesses
INDEX ｜ 1 The Sojitz Growth Story - Enhancement of Existing Businesses ⚫ Strengthening of trading businesses and expansion of manufacturing capabilities in the chemical business Earnings growth in the food value chain through enhancement of each business and connection of functions ⚫ Continuous valu
Slide 8: Trading Business Capturing Supply Chain Changes
INDEX｜1 The Sojitz Growth Story 1. Trading Business Capturing Supply Chain Changes ⚫ For many years—anticipating supply chain changes and market needs, strengthening trading functions ⚫ Under our mission to “deliver goods and services where there is a need”—diversifying procurement sources for criti
Slide 9: Business Expansion in Uzbekistan
INDEX｜1 The Sojitz Growth Story 2. Business Expansion in Uzbekistan ⚫Anticipating robust infrastructure demand in Uzbekistan, leveraging long-standing trust, expertise, and a well-established network to capture the expanding market Essential Infrastructure Scheduled to commence ⚫ Long-term relations
Slide 10: Shareholder Returns Policy
INDEX｜1 Shareholder Returns Policy ⚫ 10% increase in dividends YoY (from JPY150 to JPY165) based on progressive and predictable stable dividend policy ⚫ Announced stock repurchase totaling JPY10.0bn (2.8 million shares) in May 2025; completed repurchase in July 2025 ⚫ Cancelled 15 million shares of
Slide 11: Financial Results for the First Half and Full Year Forecast
INDEX｜2 Financial Results for the First Half Ended September 30, 2025 and Full Year Forecast of Fiscal Year Ending March 31, 2026
Slide 12: Summary of Profit or Loss
INDEX ｜ 2 Summary of Profit or Loss FY25 FY25 vs. Revised FY24 H1 FY25 H1 Q1 Q2 Difference Main Factors Initial Revised Forecast Forecast Forecast (BN JPY） Energy Solutions & Healthcare +76.4, Retail & Consumer Service +5.8, Revenue 1,235.2 1,240.3 598.9 641.4 +5.1 Metals, Mineral Resources & Recycl
Slide 13: Summary of Balance Sheet
INDEX ｜ 2 Summary of Balance Sheet Mar. 31, Sep. 30, Difference Main Factors （BN JPY） 2025 2025 Trade and other receivables (current) Assets(current/non-current) 3,087.3 3,249.4 +162.1 ⚫ Increased due to tobacco transactions Cash and cash equivalents 192.3 186.6 (5.7) Inventories ⚫ Increase due to n
Slide 14: Financial Summary
INDEX ｜2 Financial Summary Mar. 31, Sep. 30, FY25 Difference 2025 2025 Forecast （BN JPY） Total assets 3,087.3 3,249.4 +162.1 3,300.0 *1 Total equity 969.0 980.4 +11.4 1,020.0 Shareholder equity*2 778.8 791.3 +12.5 - Equity Ratio*1 31.4% 30.2% (1.2)ppt 30.9% Gross interest-bearing debt 1,086.4 1,167.
Slide 15: Summary of Cash Flow
INDEX ｜ 2 Summary of Cash Flow FY24 H1 FY25 H1 Difference Main Factors （BN JPY） CF from operating activities CF from operating activities (55.2) 31.3 +86.5 ⚫ Inflows from operating activities and dividend -Dividend received from equity-method associates- FY24 H1 ：JPY18.7bn FY25 H1 ：JPY21.1bn CF from
Slide 16: Summary of Gross Profit by Segment
INDEX ｜2 Summary of Gross Profit by Segment (BN JPY) FY25 FY25 171.6 vs. Revised 165.6 FY24 H1 FY25 H1 Difference Initial Revised Forecast （BN JPY） Forecast Forecast 30.1 32.4 Automotive 32.4 30.1 (2.3) 70.0 65.0 46% 14.1 Aerospace, Transportation & 13.2 14.1 +0.9 30.0 30.0 47% 13.2 Infrastructure 1
Slide 17: Summary of Profit by Segment
INDEX ｜2 Summary of Profit by Segment (BN JPY) 44.3 45.3 FY24 H1 FY25 H1 Difference Main Factors （BN JPY） Despite a decline in profit from the Puerto Rico automobile sales business due to the impact of U.S. tariff measures, profit increased as a Automotive 0.1 0.8 +0.7 result of contributions from t
Slide 18: FY25 Forecast Profit for the Year by Segment
INDEX ｜2 FY25 Forecast Profit for the Year by Segment FY25 FY25 Revised vs. Revised FY25 H1 Initial Revised Outlook Amount Forecast （BN JPY） Forecast Forecast Downward revision to forecast due to reduced earnings from Puerto Rico operations Automotive 0.8 6.0 3.0 (3.0) 27% impacted by U.S. tariffs,
Slide 19: Cash Flow Management
INDEX ｜ 2 Cash Flow Management ⚫ Approximately 70% of core operating cash flow over the three-year period to be allocated to growth investments—including human capital investments— for strengthening the foundation for future growth, with the remaining 30% allocated to shareholder returns ⚫ Investmen
Slide 20: Core Operating Cash Flow
INDEX ｜ 2 Core Operating Cash Flow (Resource and Non-resource Businesses) ⚫ Steady improvement in both quality and quantity of track record for generating cash flows ⚫ Increased proportion of earnings from non-resource businesses as stable sources of profit, driven by portfolio rebalancing through n
Slide 21: MTP2026 – Investment Contributions
INDEX ｜ 2 MTP2026 – Investment Contributions ⚫ MTP 2026 Investments: Targeting additional new investments of approximately JPY 300bn in FY2026 to further accumulate upside potential for earnings contributions ⚫ MTP2020 and 2023 Investments: Earnings contributions decreased due to the impact of the c
Slide 22: FY25 H1 Investments and Asset Replacement
INDEX ｜2 FY25 H1 Investments and Asset Replacement Total Investments JPY84.5bn FY25 Investment Plan Approx. JPY200.0bn ● Public infrastructure developer in Australia Essential infrastructure JPY51.0bn ● Primary healthcare business in Singapore ● Business jet services business etc. Food value chain J
Slide 23: Commodity Prices, Foreign Exchange, and Interest Rate
INDEX ｜2 Commodity Prices, Foreign Exchange, and Interest Rate FY24 Results FY25 Assumptions FY25 Results Latest Data (Apr. - Sep. Avg.) (Annual Avg.) (Apr. - Sep. Avg.) （As of Oct. 24, 2025） Coking coal *1 US$226/t US$180/t US$184/t US$194/t *1 Thermal coal US$138/t US$100/t US$105/t US$104/t Crude
Slide 24: Segment Information
INDEX｜3 Segment Information * Effective April 1, 2025, Sojitz Group reorganized several segments and changed its reporting figures for FY2024.
Slide 25: Automotive
INDEX｜3 Automotive Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Next Stage Difference FY24 FY25 Forecast (BN JPY） H1 H1 in Profit for the Period ⚫ Steady earnings contributions from the Profit JPY1.6bn JPY3.0bn ・・・ JPY15.0bn automobile sales businesses
Slide 26: Automotive
INDEX｜3 Automotive Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative differences Principal countries of operation (BN JPY) in H1) Automotive Sales Business by Region Japan, the Philippines, Pakistan, Japan
Slide 27: Aerospace, Transportation & Infrastructure
INDEX｜3 Aerospace ,Transportation & Infrastructure Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Difference FY24 FY25 Forecast Next Stage (BN JPY） H1 H1 in Profit for the Period Profit JPY12.3bn JPY17.0bn ・・・ JPY25.0bn ⚫ Steady progress in defense- and
Slide 28: Aerospace, Transportation & Infrastructure
INDEX｜3 Aerospace ,Transportation & Infrastructure Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative Major businesses ownership Period （ BN JPY） differences in H1) Transportation vessel a
Slide 29: Energy Solutions & Healthcare
INDEX｜3 Energy Solutions & Healthcare Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Difference FY24 FY25 Forecast Next Stage (BN JPY） H1 H1 in Profit for the Period ⚫ New consolidation and transaction Profit JPY22.4bn JPY30.0bn ・・・ JPY50.0bn growth in e
Slide 30: Energy Solutions & Healthcare
INDEX｜3 Energy Solutions & Healthcare Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative Major businesses ownership Period （ BN JPY） differences in H1) Energy-related and thermal power gen
Slide 31: Metals, Mineral Resources & Recycling
INDEX｜3 Metals, Mineral Resources & Recycling Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Next Stage Difference FY24 FY25 Forecast (BN JPY） H1 H1 in Profit for the Period ⚫ Decline of coal market prices Profit JPY29.2bn JPY15.0bn ・・・ JPY35.0bn Gross p
Slide 32: Metals, Mineral Resources & Recycling
INDEX｜3 Metals, Mineral Resources & Recycling Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative differences Major businesses ownership in H1) Period （BN JPY） Investment in coal mines in S
Slide 33: Chemicals
INDEX｜3 Chemicals Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Difference FY24 FY25 Forecast Next Stage (BN JPY） H1 H1 in Profit for the Period ⚫ Despite the decline in methanol Profit JPY20.0bn JPY20.0bn ・・・ JPY30.0bn market conditions, trading busine
Slide 34: Chemicals
INDEX｜3 Chemicals Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative differences Major businesses ownership Period （BN JPY） in H1) Manufacture and sale of methanol PT. Kaltim Methanol Indu
Slide 35: Consumer Industry & Agriculture Business
INDEX｜3 Consumer Industry & Agriculture Business Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Difference FY24 FY25 Forecast Next Stage (BN JPY） H1 H1 in Profit for the Period ⚫ Relatively unchanged year-on-year Profit JPY6.4bn JPY8.0bn ・・・ JPY20.0bn Gr
Slide 36: Consumer Industry & Agriculture Business
INDEX｜3 Consumer Industry & Agriculture Business Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative differences Major businesses ownership in H1) Period （BN JPY） Fertilizer businesses -Tha
Slide 37: Retail & Consumer Service
INDEX｜3 Retail & Consumer Service Summary The Sojitz Growth Story (Profit for the period) FY24 FY25 Main Factors of Difference Difference FY24 FY25 Forecast Next Stage (BN JPY） H1 H1 in Profit for the Period ⚫ Relatively unchanged year-on-year Profit JPY11.4bn JPY13.0bn ・・・ JPY30.0bn Gross profit 29
Slide 38: Retail & Consumer Service
INDEX｜3 Retail & Consumer Service Profit of Main Subsidiaries and Associates (Excluding one-time factors) FY2024 FY2025 Difference Equity Accounting Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total (Cumulative differences Major businesses ownership in H1) Period （BN JPY） Wholesale of food products and consumer g
Slide 39: Supplemental Information
補足資料｜3 INDEX｜4 Supplemental Information
Slide 40: Shareholder Returns Policy
INDEX｜4 Shareholder Returns Policy Shareholder Returns Policy ※Referred to in MTP2026 Approx. 30% of Core operating CF (3 years total) is allocated to shareholder returns Explanation of Shareholder’s Equity DOE Progressive dividend 4.5% of Shareholder equity Flexible stock repurchase in case of surp
Slide 41: Changes in business Portfolio (Resource and Non-Resource Businesses)
INDEX｜4 Changes in business Portfolio (Resource and Non-Resource Businesses) ⚫ Reinforcement of reliable earnings foundations through investments focused on non-resource businesses (BN JPY) Total (excluding one-time factors) Resource business Non-resource business 133.3 Percentage of total attributa
Slide 42: PL Summary
INDEX｜4 PL Summary FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 (BN JPY) Net sales 4,006.6 3,745.5 4,209.1 ー ー ー ー ー ー ー (JGAAP) Revenue 1,658.1 1,555.3 1,816.5 1,856.2 1,754.8 1,602.5 2,100.8 2,479.8 2,414.6 2,509.7 Gross profit 180.7 200.7 232.4 241.0 220.5 188.1 271.3 337.6 326.0 346.8 Opera
Slide 43: PL Summary
INDEX｜4 PL Summary 111.2 110.6 Profit for the year (JPY BN) ROA (%) ROE (%) 100.8 12.2 14.2 11.7 11.4 11.7 82.3 10.0 10.2 70.4 60.8 7.6 56.8 6.8 40.8 36.5 4.5 4.2 3.6 3.7 3.0 27.0 3.3 2.5 2.7 1.7 1.9 1.2 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Copyright © Sojitz Corporation 2025 43
Slide 44: Balance Sheets Summary
INDEX｜4 Balance Sheets Summary Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, (BN JPY) 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Current assets 1,146.4 1,229.8 1,376.3 1,267.7 1,217.5 1,195.4 1,394.2 1,444.5 1,462.5 1,575.1 Cash and cash equivalents
Slide 45: Balance Sheets Summary
INDEX｜4 Balance Sheets Summary Net Interest-Bearing Debt Total Equity Net DER 1.10 1.11 1.06 1.06 1.03 0.99 0.95 0.92 0.75 0.75 969.0 924.1 887.2 837.7 770.2 728.0 697.3 619.0 611.1 603.5 618.2 613.2 610.6 629.4 571.6 586.4 584.7 579.1 520.3 550.5 Mar. 31, 2016 Mar. 31, 2017 Mar. 31, 2018 Mar. 31, 2
Slide 46: Financial Summary
INDEX｜4 Financial Summary Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, Mar. 31, 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 (BN JPY) Total assets 2,056.7 2,138.5 2,350.4 2,297.1 2,230.3 2,300.1 2,661.7 2,660.8 2,886.9 3,087.3 Total equity 520.3 550.5 586.4 6
Slide 47: Cash Flow Summary
INDEX｜4 Cash Flow Summary FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 (BN JPY) Core CF 18.3 5.5 (56.7) 63.1 1.3 (8.0) 10.5 135.6 (62.8) (31.8) Free CF 66.0 (31.3) 12.4 54.3 4.8 49.3 (73.7) 200.8 124.6 (110.8) Core operationg CF 60.0 59.4 82.9 79.1 80.2 60.2 128.7 145.2 109.2 135.2 Cash flow fr
Slide 48: Cash Flow Summary
INDEX｜4 Cash Flow Summary 1 CF from operating activities CF from investing activities FCF (BN JPY) 200.8 29.2 171.6 124.6 12.4 112.2 99.9 98.8 96.5 85.0 66.0 65.1 54.3 49.3 0.9 40.5 (16.7) (33.9) (31.3) 12.4 4.8 (42.2) (35.7) (32.2) (35.7) (94.1) (86.4) (73.7) (110.8) (138.8) FY15 FY16 FY17 FY18 FY1
Slide 49: Cash Flow Summary
INDEX｜4 Cash Flow Summary 2 Core operatingCF Core CF (BN JPY) 145.2 135.2 128.7 135.6 109.2 82.9 79.1 80.2 60.0 59.4 60.2 63.1 10.5 18.3 5.5 1.3 (8.0) (31.8) (56.7) (62.8) FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 Copyright © Sojitz Corporation 2025 49
Slide 50: Caution regarding Forward-looking Statements and Original Language
Caution regarding Forward-looking Statements and Original Language This document contains forward-looking statements based on information available to the company at the time of disclosure and certain assumptions that management believes to be reasonable. Sojitz makes no assurances as to the actual