Komori
Sojitz (2768) · InitiativeAdvanced

Selective business transactions through withdrawal from low-margin transactions

First written in FY2019-Q3. 11 of 12 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-10-30.

12entries
8years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q3AdvancedFY2023-Q3 – 2026-10-302019: 120192020: 020202021: 020212022: 020222023: 420232024: 120242025: 220252026: 42026
Same theme, other companies
Improving Profitability by Selecting and Organizing Low-Margin Projects and Managing Costs Across the CompanyA theme 421 companies write about · 3 as a headwind · 446 as a tailwind

92 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 189 companies compared. The sentences above are computed from all 189.Comparing 200 of the theme's 449 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Meanwhile, for businesses such as the Australian used-car business, domestic dealership business and Australian coking coal business, where improvement or the establishment of a winning strategy is not expected, the company will review them, including withdrawal, and promote structural reform.」

    While advancing the formation of business “clusters,” the company explicitly identified the selection of businesses, including withdrawal, for the Australian used-car, domestic dealership and Australian coking coal businesses.
  2. 2026-05-01AdvancedResults presentation

    「赤字・不振事業の見極め、構造改革を実施」

    2026年3月期の計画未達要因として減損・事業整理損失を計上しつつ、2027年3月期は赤字事業の改善と事業整理を通じた収益回復を示した。
  3. FY2026-H1AdvancedAnnual report

    「Interim net income increased, due to higher defense-related and aircraft-related transactions and gains from the partial sale of the freight railcar leasing business, among other factors.」

    The partial sale of the freight car leasing business was completed, and progress in business selection through the sale and restructuring of part of existing businesses was reflected in results.
  4. FY2025AdvancedAnnual report

    「In the rental apartment and shipping businesses, the company established a structure for sustainable growth by sharing out part of its existing businesses to external partners that could become the best owners, while continuing to provide the functions that are strengths of Sojitz, thereby growing the businesses with its partners and expanding their scale.」

    In addition to withdrawing from low-margin businesses, the company advanced business selection and restructuring by sharing out part of the rental apartment and shipping businesses to external partners.
  5. FY2024AdvancedAnnual report

    「For the consolidated fiscal year, losses associated with the sale of affiliates, among other items, included losses related to the sale of the US gas-fired power generation business in the Infrastructure and Healthcare segment.」

    Following the chemicals and textile businesses, the company also completed the sale of the US gas-fired power generation business, advancing the selection and withdrawal from businesses.
  6. FY2024-Q2AdvancedAnnual report

    「Revenue was ¥71,902 million, up 12.4% year on year, mainly due to increased revenue at the industrial machinery operating company. Despite an increase in gross profit, quarterly net income decreased by ¥4,279 million year on year to ¥5,470 million, mainly due to a decline in equity-method investment gains and losses associated with the sale of the US gas-fired power generation business.」

    The sale of the US gas-fired power generation business was reflected in results as a decline in equity-method investment gains and losses, marking progress in the selection and withdrawal from businesses through an actual sale.
  7. FY2024-Q1AdvancedAnnual report

    「Revenue was ¥29,862 million, down 3.6% year on year, mainly due to the impact of projects withdrawn from in the overseas thermal power generation business.」

    In addition to the chemicals and textile businesses, the impact of withdrawn projects in the overseas thermal power generation business of Infrastructure and Healthcare also emerged in results, making the selection and withdrawal from businesses concrete.
  8. FY2023AdvancedAnnual report

    「In addition, impairment losses of ¥2,109 million were recognized on property, plant and equipment and intangible assets held by a subsidiary engaged in the textile business included in the Retail and Consumer Services segment. This resulted from the inability to expect the future cash flows assumed in the previous business plan due to the policy of partially withdrawing from the business.」

    The withdrawal from and selection of low-margin businesses extended to the textile business and was reflected as ¥2,109 million in impairment losses associated with the policy of partial withdrawal.
  9. FY2023-Q3AdvancedAnnual report

    「For the nine months ended 31 December, losses associated with the policy of partially withdrawing from textile business subsidiaries held by the Retail and Consumer Services segment were included in impairment losses on property, plant and equipment.」

    Following the withdrawal from low-margin transactions in the chemicals business, a policy of partial withdrawal was also indicated for textile business subsidiaries in Retail and Consumer Services, making the selection and withdrawal from businesses concrete in another business area.
  10. FY2019-Q3First statedAnnual report

    「Revenue for the nine months ended 31 December was ¥382,601 million, down 0.9% year on year, mainly due to the withdrawal from low-margin transactions.」

    The chemicals business disclosed withdrawal from low-margin transactions for the first time as a specific business management measure. The withdrawal was described as a factor behind the decline in revenue in that business.
Moved together

"Improving Financial Soundness and Asset Efficiency Through Ongoing Asset Rotation" moved the same way as this thread, in the same document, in 11 of its 12 moves.

1198776★123456
  1. ★This thread
  2. 1Improving Financial Soundness and Asset Efficiency Through Ongoing Asset Rotation11×
  3. 2Execution of Specific Investments in Automotive, Aviation, Infrastructure, Retail and Other Sectors9×
  4. 3Expanding and creating earnings streams by strengthening non-resource businesses8×
  5. 4Approximately ¥300 Billion in Investments and Financing Over the Three Years of the Medium-Term Management Plan7×
  6. 5Treasury share acquisition to address share supply and demand associated with the reduction of cross-held shares7×
  7. 6Stable, Consistent Dividends and the Effective Use of Retained Earnings6×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sojitz's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Results presentation of 2026-10-30: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.