Berg Earth Co.,Ltd.
VergeEarth Co., Ltd. Q3 Financial Summary (Japanese GAAP, Consolidated)
Net sales were 5,271 million yen (up 9.9% year over year), operating income 39 million yen, ordinary income 49 million yen, and net income attributable to owners of parent 37 million yen for the quarter. Under mid-term plan, we are promoting nursery business expansion and new product development. Segments: Vegetables seedlings and seedling-related activities performed well, while Agricultural supplies and retail showed fluctuations.
Key Figures
- Net sales: 5,271,238 thousand yen（YoY +9.9%）
- Operating income: 39,161 thousand yen (turned positive)
- Net income attributable to owners of parent: 37,210 thousand yen (turned positive)
AI要約
Section heading
This period, under the mid-term management plan, we are promoting nursery business expansion and new product development. The vegetable seedling and seedling-related business benefited from the consolidation of PSP Co., Ltd. and year-round operation at Tsuruza Farm, increasing production capacity and boosting sales. While raw material costs and labor costs rose, profits improved through appropriate price pass-through and in-house production push. Retail aims to increase customer visits through planned exhibitions and sales, though some revenue declined.
Section 2 heading
The financial position improved mainly due to higher cash and higher inventories, leading to an increase in total assets. Liabilities rose, but net assets also increased. The full-year outlook for the fiscal year ending October 2026 is unchanged from the previous announcement. Current results are on track with the mid-term plan, and further improvement in earnings is expected through strengthened production systems and market expansion.
Berg Earth Co.,Ltd.
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