Sojitz Corp Unsp/Adr (SZHFY) Q1 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.772 -- 00:00:04.759 Good afternoon. Thank you very much for joining us for the briefing. 00:00:04.759 -- 00:00:09.426 First, I'd like to express my deepest sympathies to those affected by the latest earthquake 00:00:09.426 -- 00:00:16.052 in Kumamoto and my sincere respect to all of those involved in various recovery efforts. 00:00:16.052 -- 00:00:20.296 My presentation will follow the material titled Financial Results for the First Quarter 00:00:20.296 -- 00:00:26.020 ended June 30, 2026 and Full Year Forecast of the Fiscal Year ending March 31, 00:00:26.020 -- 00:00:31.085 2027. Slides are available on the web. Slide 4 is a summary of Q1 results. 00:00:31.085 -- 00:00:35.148 During the first quarter, we faced an unstable economic environment characterized by 00:00:35.148 -- 00:00:39.392 rising energy prices due to the situation in the Middle East, resulting inflationary 00:00:39.392 -- 00:00:42.254 pressures and challenges in the supply chain. 00:00:42.254 -- 00:00:46.685 Against this backdrop, Sojitsu's consolidated profit for the period came to 30.2 billion 00:00:46.685 -- 00:00:50.730 yen, up 9.1 billion yen or 43% year-on-year. 00:00:53.781 -- 00:00:58.224 The progress rate toward our full-year forecast is 23% 00:00:58.224 -- 00:01:03.248 and is in line with our expectations. Core operating cash flow was a net inflow 00:01:03.248 -- 00:01:09.072 of 40 billion yen, marking steady progress of 27% against the full-year forecast. 00:01:09.072 -- 00:01:14.215 In this final year of our Medium-Term Management Plan 2026, our priority is to 00:01:14.215 -- 00:01:19.919 expand business domains that provide clear paths to success for our next stage. 00:01:19.919 -- 00:01:24.801 We have made steady progress in this regard, with execution of new investments ...