Company Profile For Sojitz Corporation

Sojitz Corporation is a Japan-based holding company engaged in the trading business. It has six business segments. The Machinery and Space Aeronautics segment's main products include automobiles and automobile parts, construction and industrial machinery,power-generating equipment, bearings, marine vessels and airplanes. The Energy and Metal Resources segment's main products include petroleum products, aluminum, coal, iron, zinc, bronze and tin. The Chemicals segment's chief products encompass organic and inorganic chemicals, fine chemicals, chemical fertilizers, cosmetics, industrial salt and plastic molding machines. The Construction and Timber segment is engaged in the leasing, sale and management of real estate. The Lifestyle segment's principal products cover textiles, marine products, foodstuffs and bedding products. The Others segment provides logistics, insurance and real estate leasing. On November 4, 2009, Sojitz Systems Corporation became its wholly owned subsidiary.

BRIEF: For the six months ended 30 September 2009, Sojitz Corporation's revenues decreased 35% to Y1.886T. The Company's net income applicable to Common decreased 44% to Y20.00B. Revenues reflect lower sales especially from machine, energy & metal segments. Net income also suffers from higher percentage of cost of sales and selling, general & administrative expenses, decreased interest received as well as lower equity gains.