Sakata Seed (1377) Q3 2025 earnings summary

Executive summary

• Sales for the nine months ended February 28, 2025, rose 11.2% year-over-year to ¥66,409 million, with net profit up 47.3% to ¥7,817 million.

• Operating profit increased 11.6% to ¥8,976 million, and gross profit margin improved to 64.0% from 62.6% year-over-year.

• Comprehensive income declined 34.4% year-over-year to ¥7,837 million, mainly due to lower other comprehensive income.

Financial highlights

• Gross profit grew 13.6% year-over-year to ¥42,478 million, while SGA expenses increased 14.1% to ¥33,502 million.

• Ordinary profit reached ¥9,353 million, up 9.0% year-over-year; profit before income taxes was ¥11,150 million.

• Basic earnings per share rose to ¥178.65 from ¥119.66 year-over-year.

• Total assets as of February 28, 2025, were ¥191,989 million, with a capital adequacy ratio of 84.7%.

• Exchange rates shifted: Yen/USD at 158.17 (from 141.82), Yen/EUR at 164.86 (from 157.09).

Outlook and guidance

• Full-year sales forecast is ¥93,500 million, with operating and ordinary profit both projected at ¥11,000 million and net profit at ¥9,000 million.

• Basic earnings per share for the full year is forecast at ¥205.25.

• No revisions to previously announced forecasts.