Sakata Seed Corporation
Notice Regarding Differences Between Consolidated Earnings Guidance and Actual Results for the Second Quarter of the Fiscal Year Ending May 2026 and Revision of Full-Year Earnings Forecast
For the second quarter of the fiscal year ending May 2026, net sales were JPY 47,746 million, 4.9% above the previous forecast, and operating income was JPY 6,895 million, up 37.9%. The full-year earnings forecast has also been revised upward, with net sales now projected at JPY 101,000 million (an increase of 5.8% from the previous forecast).
Key Figures
- Second Quarter Net Sales: JPY 47,746 million (4.9% increase from previous forecast)
- Second Quarter Net Income Attributable to Owners of Parent: JPY 6,990 million (55.4% increase from previous forecast)
- Full-Year Net Sales Forecast: JPY 101,000 million (5.8% increase from previous forecast)
AI要約
Differences Between Second Quarter Earnings Guidance and Actual Results
For the second quarter of the fiscal year ending May 2026 (June 1, 2025 to November 30, 2025), net sales were JPY 47,746 million, exceeding the previous forecast of JPY 45,500 million by 4.9%. Operating income rose to JPY 6,895 million, up 37.9%, ordinary income increased to JPY 7,753 million, up 55.1%, and net income attributable to owners of parent reached JPY 6,990 million, a 55.4% increase. The main drivers were strong sales of vegetable and flower seeds, the impact of yen depreciation on foreign exchange, improvement in gross profit margin, and increased gains from sale of investment securities.
Revision of Full-Year Earnings Forecast
Regarding the consolidated full-year earnings forecast for the fiscal year ending May 2026, net sales have been revised upward by 5.8% from JPY 95,500 million to JPY 101,000 million compared to the figures announced on July 14, 2025. Operating income is revised up 13.6% from JPY 11,000 million to JPY 12,500 million; ordinary income increases 18.2% from JPY 11,000 million to JPY 13,000 million; and net income attributable to owners of parent is revised up 11.1% from JPY 9,000 million to JPY 10,000 million. Exchange rates have been adjusted to a weaker yen at 150 JPY/USD and 180 JPY/EUR, while rates for Brazilian real and Asian currencies have also been updated to reflect the latest levels.
