Utilizing Overseas Seed Production Sites and Global Seed Sales

「We position overseas expansion as an important pillar of our growth strategy. We will develop new overseas sales bases, strengthen our customer base and cultivate markets in each region, and work to expand overseas sales.」

「The Company diversifies natural-disaster risk by maintaining seed-production bases around the world, and establishing an even more stable seed production structure is another important challenge. We will make active capital investments, enhance seed-production technology and quality-control systems, and further reinforce our supply structure for high-quality seeds with high productivity.」

「Climate change, including global warming, is having a negative impact not only on food production but also on seed production. We are diversifying natural disaster risk by producing seeds in different regions and climates around the world, and establishing a more stable seed production system will also be an important challenge for the company. We will make active capital investments and continue to improve seed production capacity and seed quality, further reinforcing our supply structure for highly productive, high-quality seeds.」

「We are diversifying natural disaster risk by producing seeds in different regions and climates around the world, and establishing a more stable seed production system will also be an important challenge for the company. We will make active capital investments and continue to improve seed production capacity and seed quality. Under our management policy of “high technology and internationalization,” we will further strengthen our overseas expansion.」

「In the seed business, exports of vegetable seeds such as onions and pumpkins increased.」

「In the seed business, domestic sales of sweet potato vine cuttings and onion seeds grew. However, some vegetable seed exports were postponed to the second quarter, and sales remained sluggish due to lower demand for seeds for revegetation projects. Revenue fell 3.1% year on year to ¥2,078 million.」

「In the seed business, exports of leeks, onions, cabbage and tomatoes in the vegetable seed business generated higher revenue as increased sales volumes coincided with price increases due to the weaker yen. Revenue also benefited from revisions to selling prices in response to higher purchase prices for vegetable and forage seeds, increasing 7.8% year on year to ¥3,933 million.」

「Sales of vegetable and forage seeds increased in value due to the weaker yen, resulting in a 7.8% year-on-year increase in revenue to ¥2,144 million. Segment profit also rose 14.9% to ¥379 million.」

「In the seed business, sales of forage crop seeds and both exports and domestic sales of pumpkin seeds remained firm. However, exports of onion seeds and both exports and domestic sales of cabbage seeds were sluggish, resulting in a 1.0% year-on-year decline in total seed business revenue to ¥5,272 million. Segment profit rose 9.7% to ¥594 million, due mainly to improved profitability from higher sales of forage crop seeds.」

「In the seed business, sales of forage crop seeds and pumpkin seed exports remained firm, but onion and cabbage seed exports were sluggish, resulting in a 1.5% year-on-year decline in revenue to ¥3,647 million. Segment profit rose 5.1% to ¥403 million, reflecting improved profitability and other factors.」

「In the seed business, sales of forage crop seeds increased, but the business struggled due to lower demand for materials for revegetation projects and declines in both domestic sales and exports of cabbage seeds. Revenue fell 2.2% year on year to ¥1,989 million. Segment profit rose 1.7% to ¥330 million, due mainly to improved profitability from higher sales of forage crop seeds.」

「We will also expand our overseas business by pursuing opportunities in areas where our group has limited sales.」

「In the seed business, pumpkin sales declined due to delays in the timing of sales, but higher cabbage exports and firm sales by overseas subsidiaries resulted in a 2.4% year-on-year increase in revenue to ¥5,324 million. Segment profit also rose 3.4% to ¥541 million.」

「In the seed business, pumpkin exports and domestic sales of radishes declined in the vegetable seed business, but cabbage exports and sales by overseas subsidiaries grew. Revenue therefore increased 3.0% year on year to ¥3,704 million, while segment profit rose 7.7% to ¥383 million.」

「In the seed business, sales of onion and pumpkin vegetable seeds declined due to delays in the timing of export sales. However, sales of seeds and materials for revegetation projects remained firm, among other factors, resulting in a 2.7% year-on-year increase in revenue to ¥2,034 million. Segment profit also increased 2.6% to ¥324 million.」

「Cabbage seed exports stagnated as logistics in destination countries were disrupted by the COVID-19 pandemic, while carrot seeds remained sluggish in both exports and domestic sales,」

「In the seed business, sales increased for forage crop seeds and sports turf seed, benefiting from the Rugby World Cup, while pumpkin seed exports grew. However, carrot seed exports remained weak, and onion seeds were sluggish in both exports and domestic sales. Revenue fell 0.7% year on year to ¥5,197 million. Segment profit fell 16.4% to ¥523 million, due to higher seed production costs reflecting rising labor costs in emerging-market production locations and higher research and development expenses.」

「In the seed business, sales of sports turf seed increased due to the Rugby World Cup, and pumpkin seed exports grew. However, exports of onion, cabbage and carrot seeds declined, resulting in a 0.4% year-on-year decline in revenue to ¥3,597 million. Segment profit fell 24.4% to ¥356 million, due to higher seed production costs reflecting rising labor costs in emerging-market production locations, as well as higher logistics costs.」

「In the seed business, pumpkin exports of vegetable seeds increased, but sales of onions, cabbage and carrots declined. Revenue fell 1.8% year on year to ¥1,980 million. Segment profit also fell 22.9% to ¥316 million.」

「To achieve high-quality, stable and low-cost seed production, we will diversify risk by identifying suitable locations around the world and address the issue by improving seed production technology.」

「In the seed business, revenue from vegetable seeds declined as cabbage exports were affected by shifts in sales timing, but domestic edamame sales and carrot exports remained firm, resulting in higher revenue. Revenue from forage seeds also increased, supported by higher sales of Italian ryegrass in western Japan and seeds for revegetation projects related to disaster recovery. However, lower landscaping orders, following the integration of the landscaping business into the seed business this fiscal year, weighed on results, and revenue fell 2.4% year on year to ¥5,235 million. Segment profit fell 8.7% to ¥626 million, reflecting higher personnel expenses and seed testing costs, among other factors.」

「In the seed business, sales of Italian ryegrass increased, mainly in Kyushu, in the forage seed business. However, revenue from vegetable seeds declined as pumpkin and cabbage exports were affected by shifts in sales timing, while lower landscaping orders, following the integration of the landscaping business into the seed business this fiscal year, also weighed on results. Revenue fell 4.3% year on year to ¥3,609 million.」

「In the seed business, sales fell 5.6% year on year to ¥2,016 million, due mainly to lower pumpkin exports in vegetable seeds and lower sales of turfgrass seedlings, for which spot projects arose in the previous fiscal year, in forage products.」

「For Statice sinuata, we partnered with an overseas seed company to sell our developed varieties abroad. We are securing parent plants for sales starting next fiscal year while also focusing on developing varieties for overseas markets.」

「In the seeds and seedlings business, sales of vegetable seeds were affected by the shift of domestic edamame sales and pumpkin and cabbage exports to the fourth quarter. However, performance remained firm due to increased carrot exports and domestic sales of sweet corn, as well as the addition of the results of the Philippines-based subsidiary フィリピーナス・カネコ・シーズ・コーポレーション, which was newly consolidated. Revenue rose 3.3% year on year to ¥5,024 million, while segment profit increased 18.0% to ¥737 million.」

「In the seeds and seedlings business, sales of forage seeds remained strong, driven by higher exports of feed corn and increased sales of turfgrass seeds for disaster restoration and green manure seeds. In the vegetable seed category, sales declined in part because cabbage sales shifted to the second half, but performance remained firm due to increased carrot exports and the addition of the results of the Philippines-based subsidiary フィリピーナス・カネコ・シーズ・コーポレーション, which was newly consolidated. Revenue for the seeds and seedlings business as a whole increased 4.2% year on year to ¥3,565 million, while segment profit rose 29.8% to ¥556 million.」

「In the vegetable seed category, exports of onions and cabbage declined, but performance remained firm due to improved profitability and the addition of the results of the Philippines-based subsidiary フィリピーナス・カネコ・シーズ・コーポレーション, which was newly consolidated from the fourth quarter of the previous fiscal year. Revenue for the seeds and seedlings business as a whole increased 4.1% year on year to ¥2,044 million, while segment profit rose 18.3% to ¥420 million.」

「In the seeds and seedlings business, sales of vegetable seeds increased due to higher exports of pumpkins and bok choy and stronger domestic sales of lettuce, while sales of seeds for greening projects also rose. Revenue increased 3.0% year on year to ¥4,865 million, and segment profit rose 13.3% to ¥625 million.」

「In the seeds and seedlings business, sales grew in the vegetable seed category due to higher exports of pumpkins and domestic sales of lettuce, while sales of seeds for greening projects also increased. Revenue rose 1.6% year on year to ¥3,422 million, and segment profit increased 5.6% to ¥429 million.」

「The company seeks seed-production sites worldwide with suitable weather conditions and other advantages, aiming to produce high-quality, stable supplies of seeds at low cost. It sells the resulting seeds not only in Japan but also overseas, developing its business globally.」