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Sojitz (TSE:2768) Total Assets : 円2,921,751 Mil (As of Sep. 2024)


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What is Sojitz Total Assets?

Sojitz's Total Assets for the quarter that ended in Sep. 2024 was 円2,921,751 Mil.

During the past 12 months, Sojitz's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 10.20% per year. During the past 5 years, the average Total Assets Growth Rate was 6.60% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 13 years, Sojitz's highest 3-Year average Total Assets Growth Rate was 10.20%. The lowest was -8.40%. And the median was 0.70%.

Total Assets is connected with ROA %. Sojitz's annualized ROA % for the quarter that ended in Sep. 2024 was 2.91%. Total Assets is also linked to Revenue through Asset Turnover. Sojitz's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.


Sojitz Total Assets Historical Data

The historical data trend for Sojitz's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sojitz Total Assets Chart

Sojitz Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,230,285.00 2,300,115.00 2,661,680.00 2,660,843.00 2,886,873.00

Sojitz Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,774,724.00 2,792,605.00 2,886,873.00 - 2,921,751.00

Sojitz Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Sojitz's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=955626+1931247
=2,886,873

Sojitz's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=990086+1931665
=2,921,751

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sojitz  (TSE:2768) Total Assets Explanation

Total Assets is connected with ROA %.

Sojitz's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=85068/( (0+2921751)/ 1 )
=85068/2921751
=2.91 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Sojitz's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=611422/( (0+2921751)/ 1 )
=611422/2921751
=0.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Sojitz Total Assets Related Terms

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Sojitz Business Description

Traded in Other Exchanges
Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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