Improved capital quality through reorganization of capital structure Increasing profitability backed by satisfactory results in energy and mineral resources business Near completion of asset restructuring reduces likelihood of significant losses Business franchise and profitability weaker than peers holding high-margin long-term mining rights Risk management system still underdevelopment Sojitz Corp.'s financial profile improved significantly after going through a financial restructuring and receiving support from creditor banks. In 2003, Sojitz received a capital injection of ¥263 billion from its key creditor banks led by the former UFJ Bank Ltd. In the following year, Sojitz's holding company swapped ¥370 billion worth of debt for equity and reduced the size of its balance sheet by ¥620 billion in a major restructuring effort that included
