Sakata Seed (1377) Q1 2026 earnings summary

Executive summary

• Q1 FY2026 consolidated sales rose 9.6% year-over-year to ¥23,005 million, with operating profit up 63.5% to ¥4,462 million and ordinary profit up 90.2% to ¥4,866 million.

• Net profit attributable to owners of parent surged 222.6% year-over-year to ¥3,637 million, with basic earnings per share rising to ¥84.09 from ¥25.71.

Financial highlights

• Gross profit increased 15.3% year-over-year to ¥16,045 million, with gross margin improving to 69.7%.

• SGA expenses grew 3.6% to ¥11,583 million, mainly due to higher personnel and research costs.

• Extraordinary income of ¥550 million was recorded, mainly from settlement income.

• Total assets as of August 31, 2025, were ¥193,672 million, up from ¥190,986 million at the end of May 2025.

• Net assets increased to ¥164,566 million, with an equity-to-asset ratio of 84.7%.

Outlook and guidance

• FY2026 sales are forecast at ¥95,500 million, with operating and net profit targets of ¥11,000 million and ¥9,000 million, respectively.

• Annual dividend forecast is ¥75.00 per share, unchanged from the previous year.