Sakata Seed (1377) Q3 2026 earnings summary

Executive summary

• Sales for Q3FY2026 reached ¥72,669 million, up 9.4% year-over-year, with net profit rising 11.2% to ¥8,696 million and comprehensive income surging 136.2% to ¥18,513 million.

• Operating profit increased 3.9% to ¥9,323 million, and ordinary profit rose 11.6% to ¥10,441 million compared to the same quarter last year.

• Growth was primarily driven by overseas wholesale and landscaping/garden construction segments.

Financial highlights

• Gross profit improved by 10.4% year-over-year to ¥46,891 million, with gross margin up 0.6 points to 64.5%.

• SGA expenses rose 12.1% to ¥37,567 million, mainly due to higher personnel and research costs.

• Basic earnings per share for the nine months was ¥202.58, up from ¥178.65 in the prior year.

• Total assets grew to ¥210,231 million as of February 28, 2026, from ¥190,986 million as of May 31, 2025.

• Net assets increased to ¥173,563 million, with an equity-to-asset ratio of 82.3%.

Outlook and guidance

• Full-year sales forecast is ¥101,000 million, with operating profit projected at ¥12,500 million and net profit at ¥10,000 million.

• Basic earnings per share for the full year is forecast at ¥231.22.

• No revisions to previously announced forecasts.