Japan's Sojitz eyes more acquisitions in $3.8bn investment plan

CFO sees 'generally strong' earnings from deals in seafood and energy

20241231N sojitz u.s. sushi

Sojitz acquired the takeout sushi business of U.S.-based Sushi Avenue in July 2024. (Sojitz)

SHIN WATANABE, Nikkei staff writer

TOKYO -- As Japanese trading house Sojitz looks to newly invest 600 billion yen ($3.8 billion) over the three years through fiscal 2026, up roughly 30% from the previous three years, it is pouring more resources into areas from seafood to energy-saving equipment, Chief Financial Officer Makoto Shibuya told Nikkei.

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