Sojitz Corporation

Company Presentation Video https://lnkd.in/gkQY8dX5 An introduction to Sojitz’s Corporate Statement, approach to human resources, and the diverse business initiatives central to Medium-term Management Plan 2023. Sojitz uses the power of ideas to provide solutions to societal challenges in order to deliver essential goods and services to communities across the world. #sojitz #hassojitz #companypresentation

[News Release] Sojitz Signs Agreement to Join Kami Iron Ore Project in Canada －Reducing CO₂ Emissions through Direct Reduction Quality Iron Ore Production Essential for the Electric Arc Furnace Method－   Sojitz Corporation (“Sojitz”) has reached a basic agreement together with iron ore producer Champion Iron Limited (“Champion”) and Nippon Steel Corporation (“Nippon Steel”) to participate in the Kamistiatusset Project (“Kami Project”), a new direct reduction (“DR”) quality iron ore mine project under development in Canada’s province of Newfoundland and Labrador by Champion. The Kami Project is anticipated to produce DR quality iron ore that is indispensable for steel production, which can drastically reduce CO₂ emissions through processing with the electric arc furnace method. Sojitz, Champion, and Nippon Steel will establish a partnership to conduct feasibility study for development of a DR quality iron ore supply.   Read the full article here. https://lnkd.in/gU2qB4iU

[News Release] Sojitz and Vinamilk Group Begin Operation of Vietnam’s Largest Beef Processing Plant －JVL Creates a New Food Culture with the Spread of High-Quality Vietnamese Beef－   Sojitz Corporation has begun operations at one of Vietnam’s largest beef processing plants in Vinh Phuc Province’s Tam Dao via Sojitz Group company, Japan Vietnam Livestock Co., Ltd., as of December 17, 2024. The processing plant will be the first in Vietnam to process refrigerated beef, and all meat will be processed in a controlled, highly sanitized environment. In the future, Sojitz aims to have the plant process and ship approximately 10,000 tons of beef annually. In March 2025, Sojitz plans to start operating a cattle farm near the processing plant and will provide a stable supply of high-quality beef products through an integrated system for all processes from farming to processing and sales, which enriches the food culture in the country.   Read the full article here. https://lnkd.in/gXA3DznN

[News Release] Sojitz Enters the Electricity Retail Business in Ireland －Expanding the Energy Solution Business in Europe through Inter-company Collaboration－   Sojitz Corporation (“Sojitz”) has concluded a share purchase agreement via Sojitz Corporation of Europe B.V. for acquisition of shares in New Measured Power Ltd (“Pinergy”), an Irish green electricity retailer, together with a Spanish electricity and gas retailer, Nexus Energia S.A., an equity-method subsidiary of Sojitz. Following the necessary approvals from Irish authorities, Pinergy will become a consolidated subsidiary of Sojitz Group, which will acquire a 98% stake in Pinergy in January 2025 at the earliest. This marks Sojitz’s second investment in an electricity retail business in Europe following the investment in Spain. Moving forward, Sojitz will focus on integrating its expertise in renewable energy generation sectors to electricity retail sectors in Sojitz Group. To strengthen its energy solution business in Europe, Sojitz will shift to an integrated, one-stop energy service business model in Ireland towards decarbonization with offerings that include energy conservation services utilizing customer touchpoints distinct to the retail industry.   Read the full article here. https://lnkd.in/gs2jue6D

[Topics]   Installation of m-DAC® Technology in Tokyo to Capture and Utilize Carbon Dioxide from the Atmosphere －A GX Project Selected by the Tokyo Metropolitan Government－   Sojitz Corporation, Carbon Xtract Corporation, and Shimizu Corporation have proposed a joint business to install direct air capture systems within new building projects that will remove CO2 from the atmosphere for use across a range of applications. This project was selected to be commissioned by the Tokyo Metropolitan Government.   Read the full article here. https://lnkd.in/gWmERZzT

[News Release] Sojitz Acquires Stake in Major Electrical Construction Company in the U.S. － Integrating Energy Conservation Services to Strengthen its Energy Solution Business － Sojitz Corporation has acquired 90% ownership of Freestate Electric, LLC through its wholly-owned U.S.-based subsidiary, Sojitz Corporation of America. Read the full article here. https://lnkd.in/gHiqZaz3

[News Release]   Sojitz Signs Distributorship Agreement with Kia Corporation for Distribution of Kia Electric Vans in Japan   Sojitz Corporation has concluded a distributorship agreement with Kia Corporation (Head Office: Seoul, Korea; “Kia”) for distribution of Kia’s new lineup of Platform Beyond Vehicle (PBV) electric vans to the Japanese market. Kia’s PBV vans, currently under development, are expected to be launched in Japan from spring 2026.   Read the full article here. https://lnkd.in/gjQRwZs3

[News Release]   Sojitz Establishes Sojitz Kaset Dee X to Enter the Agri Platform Business in Thailand   Sojitz Corporation (“Sojitz”) has newly established Sojitz Kaset Dee X Co., Ltd. (“KDX”) as an agri platform subsidiary in Thailand. Sojitz will enter the agri platform business via KDX, which plans to begin supply and sale of farming services, materials, and financing to cassava farmers through the platform starting from fall 2024. Sojitz will aim to improve farming efficiency and sustainability that leads to increased prosperity for farmers through the development of KDX’s farming services.   Read the full article here. https://lnkd.in/gcCTAfTN

[Topics]   Sojitz and Nippon Yusen Kaisha Sign Term Sheet for Marine Transport of Green Ammonia from India to Japan －Establishing a Supply Chain Spanning Production in India to Transportation to Japan－ Sojitz Corporation, Kyushu Electric Power Co., and Sembcorp Green Hydrogen Pte. Ltd., a wholly-owned subsidiary of Asia’s leading energy provider Sembcorp Industries, have signed a term sheet with Nippon Yusen Kaisha for marine transport of green ammonia produced in India to Japan. Each company intends to develop the term sheet into a legally binding document at a later stage.   Read the full article here. https://lnkd.in/gYAtvrWi

[News Release]   Sojitz Signs Purchase Agreement with U.S.’s General Atomics Aeronautical Systems, Inc. to Provide Unmanned Aircraft System to the Japan Coast Guard   Sojitz Corporation has signed a contract for the purchase of two MQ-9B SeaGuardianⓇ aircraft for the Japan Coast Guard from General Atomics Aeronautical Systems, Inc., the world’s leading manufacturer of unmanned aerial systems based in the U.S.   Read the full article here. https://lnkd.in/gja2rvAf