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Earnings1376KANEKO SEEDS CO.,LTD.Food

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending May 2026 [Japanese GAAP] (Consolidated)

For the cumulative third quarter of the fiscal year ending May 2026, revenue increased 2.1% year on year and operating profit increased 29.2%, resulting in higher revenue and profit. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
41Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
29.2
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 June 2025–28 February 2026ConsolidatedJapanese GAAP
Net Sales42,097¥ millionYear on year +2.1%Progress 63.3%
Operating profit475¥ millionYear on year +29.2%Progress 25.0%
Ordinary income576¥ millionYear on year +12.8%Progress 28.8%
Net income attributable to owners of the parent370¥ millionYear on year +29.8%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥33.53
Financial position at period-end
Total assets46,859¥ million
of which net assets 25,554 ¥ millionEquity ratio 54.5%vs. prior year-end +3.8pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenuePlant Stock Business ¥6,092.98 million, Floriculture business ¥3,963.28 million (YoY -3.1%), Agricultural materials business ¥21,629.53 million (YoY +6.6%), Facilities materials business ¥10,411.56 million (YoY -3.1%)
Segment profitPlant Stock Business ¥252.19 million (YoY -5.5%), Floriculture business ¥-169.32 million, Agricultural materials business ¥904.62 million (YoY +18.3%), Facilities materials business ¥253.75 million (YoY -9.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥66,500 million (YoY +3.1%)
Operating profit¥1,900 million (YoY +25.7%)
Ordinary income¥2,000 million (YoY +20.0%)
Profit attributable to owners of the parent¥1,500 million (YoY +25.0%)
Annual Dividend Forecast¥38 → ¥38(0.0%)
Factors Behind Changes in Business Performance

Business progressed steadily, led by the agricultural materials business. In the seeds and seedlings business, exports and domestic sales of onion seeds and sales of forage crop seeds increased, but some exports of seeds for overseas markets were postponed to the fourth quarter, and the company proceeded with the disposal of lower-quality seeds. In the floriculture business, demand for flower seedlings and home gardening materials declined, but losses narrowed following a review of the product mix and improved operating efficiency. In the agricultural materials business, the main factors were growing demand for foliar herbicides and rice paddy products and earlier deliveries. In the facilities materials business, the main factors were lower greenhouse completion revenue and weaker appetite for capital investment due to rising prices.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNone recorded for the current period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,449 thousand / Extraordinary loss Impairment Loss on Investment Securities ¥34,942 thousand
Depreciation and amortization¥381,828 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End11,772,626 Shares
Treasury Shares at Period-End806,458 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 June 2025–28 February 2026
Net Sales¥42,097 million (YoY +2.1%)
Operating profit¥475 million (YoY +29.2%)
Ordinary income¥576 million (YoY +12.8%)
Profit attributable to owners of the parent¥370 million (YoY +29.8%)
Net income per share¥33.53
Equity ratioEnd of the current fiscal period 54.5 / End of previous period 50.7
Total assets¥46,859 million
Net assets¥25,554 million
Full-year earnings forecastNet Sales ¥66,500 million (YoY +3.1%) / Operating profit ¥1,900 million (YoY +25.7%) / Ordinary income ¥2,000 million (YoY +20.0%) / Profit attributable to owners of the parent ¥1,500 million (YoY +25.0%)
Annual Dividend Forecast¥38 → ¥38(0.0%)
Segment revenuePlant Stock Business ¥6,092.98 million, Floriculture business ¥3,963.28 million (YoY -3.1%), Agricultural materials business ¥21,629.53 million (YoY +6.6%), Facilities materials business ¥10,411.56 million (YoY -3.1%)
Segment profitPlant Stock Business ¥252.19 million (YoY -5.5%), Floriculture business ¥-169.32 million, Agricultural materials business ¥904.62 million (YoY +18.3%), Facilities materials business ¥253.75 million (YoY -9.9%)
Depreciation and amortization¥381,828 thousand
Impairment lossNone recorded for the current period
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,449 thousand / Extraordinary loss Impairment Loss on Investment Securities ¥34,942 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End11,772,626 Shares
Treasury Shares at Period-End806,458 Shares
Factors Behind Changes in Business PerformanceBusiness progressed steadily, led by the agricultural materials business. In the seeds and seedlings business, exports and domestic sales of onion seeds and sales of forage crop seeds increased, but some exports of seeds for overseas markets were postponed to the fourth quarter, and the company proceeded with the disposal of lower-quality seeds. In the floriculture business, demand for flower seedlings and home gardening materials declined, but losses narrowed following a review of the product mix and improved operating efficiency. In the agricultural materials business, the main factors were growing demand for foliar herbicides and rice paddy products and earlier deliveries. In the facilities materials business, the main factors were lower greenhouse completion revenue and weaker appetite for capital investment due to rising prices.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Business progressed steadily, led by the agricultural materials business. In the agricultural materials business, growing demand for foliar herbicides and rice paddy products, along with earlier deliveries, contributed to higher revenue and profit. This was partly offset by the disposal of lower-quality seeds in the seeds and seedlings business, and by lower greenhouse completion revenue and weaker appetite for capital investment due to rising prices in the facilities materials business.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Third Quarter of the Fiscal Year Ending May 2026 [Japanese GAAP] (Consolidated) | KANEKO SEEDS CO.,LTD. (1376) timely disclosure | Komori