Sojitz establishes new subsidiary for transport sector investment
Sojitz Corporation has resolved to establish Sojitz Australia Transport Pty Ltd, a special purpose company (SPC), on November 20, 2025. This SPC will focus on investments in the transportation sector. It is expected to qualify as a specified subsidiary due to its projected capital of AUD 300 million, exceeding 10% of Sojitz's capital.
The company will be located in Sydney, Australia, and will be 100% owned by Sojitz Asia Pte. Ltd., which is itself a 100% owned subsidiary of Sojitz. Ishii Kunihiko is planned as the director.
The decision to establish the SPC was made on November 20, 2025, with the investment date scheduled for March 2026, pending the completion of necessary local legal procedures. Sojitz states that this investment is expected to have little impact on the company's business performance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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