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

[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

[News Release]   Sojitz Acquires Full Ownership of U.S. Railcar Repair Company －Expanding Sojitz Group’s Railcar Repair Network in North America－   Sojitz Corporation (“Sojitz”) has acquired full ownership of Washamerica Inc. (Head Office: Texas, U.S.; Brand Name: BW Services; “BWS”) through Sojitz Corporation of America, a fully owned subsidiary of Sojitz. BWS is a U.S. company that operates a railcar repair business. Sojitz has an established presence in the railcar repair business in Canada and is expanding its repair network into the Southern U.S. through this acquisition of BWS.   Read the full article here. https://lnkd.in/gkJ_HpVk

[News Release]   Sojitz Contributes Funding to Start-up Developing Next-generation Shipbreaking Technology －Recycling Scrap Steel Recovered in the Shipbreaking Process to Contribute to the Realization of a Decarbonized and Circular Society－   Sojitz Corporation (“Sojitz”), Circular Maritime Technologies International B.V. (“CMT”), a Netherlands-based start-up currently developing next-generation shipbreaking technology, and Jansen Recycling Group (“Jansen”), a ferrous and non-ferrous metals recycling company, have concluded a strategic partnership agreement for the joint development of a new technology that aims to automate, accelerate, and reduce labor needs in the shipbreaking process. In addition, Sojitz has contributed funding for verification testing of the new technology. By increasing the number of shipbreaking yards that comply with Europe’s strict environmental regulations and efficiently recovering high-quality scrap steel, Sojitz, CMT, and Jansen aim to contribute to the steel industry’s ongoing transition to the use of large-scale electric arc furnaces to achieve low-carbon manufacturing of steel products.   Read the full article here. https://lnkd.in/gwGMWdHw

[News Release]   Sojitz Expands Seafood Products Value Chain in the U.S. through Acquisition of Sushi Avenue’s Takeout Sushi Business and Establishment of MF America －Partnering with Marine Food’s New Overseas Base to Enter the Diversifying U.S. Sushi Market－   Sojitz Corporation (“Sojitz”) has acquired all takeout sushi businesses of Sushi Avenue Inc. (“Sushi Avenue”) via Sojitz Corporation of America, a fully owned subsidiary of Sojitz. Sushi Avenue operates a supermarket takeout sushi business with over 300 retail locations in the Midwest and across the greater U.S. Sojitz will leverage its procurement and product development capabilities developed through its longstanding seafood products business mainly in Japan as it partners with The Marine Foods Corporation’s new overseas base, MF America LLC, to enter the sushi business in the growing U.S. market, which is characterized by diversifying consumer demand. In doing so, Sojitz aims to further expand its seafood products value chain.   Read the full article here. https://lnkd.in/g9W7DCyv