Sakata Seed (1377) Q4 2026 earnings summary

Executive summary

• Sales increased 12.2% year-over-year to ¥104,280 million, surpassing the forecast by 3.2%.

• Net profit rose 25.2% year-over-year to ¥12,163 million, exceeding the forecast by 21.6%.

• Operating profit grew 7.1% year-over-year to ¥13,122 million.

• Comprehensive income surged to ¥23,931 million, up 268.9% from the previous year.

Financial highlights

• Gross profit rose 13.4% year-over-year to ¥66,334 million, with gross margin improving to 63.6%.

• Ordinary profit up 16.0% year-over-year to ¥14,278 million.

• Total assets grew to ¥216,778 million, and net assets reached ¥178,983 million.

• Cash flows from operating activities improved to ¥9,174 million, while investing activities resulted in an outflow of ¥5,495 million.

• Cash and cash equivalents at year-end were ¥22,518 million.

Outlook and guidance

• FY2026 sales and profits exceeded forecasts announced in January 2026.

• Forecast for fiscal year ending May 31, 2027: net sales of ¥110,000 million (up 5.5%), operating profit of ¥13,500 million (up 2.9%), and profit attributable to owners of parent of ¥10,000 million (down 17.8%).

• Dividend per share forecast for FY2027 is ¥90.00, up from ¥85.00 in FY2026.