Expanding Sales of Original Vegetable Seedlings for Home Gardeners
First written in FY2017-Q2. 4 of 7 entries say "Restated". Latest entry: FY2025.
Kaneko Seeds moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Sales of flower seedlings for home use and home gardening materials declined due to continued sluggish demand for home gardening products and a tendency to defer purchases, particularly of higher-priced products, as various merchandise categories became more expensive, resulting in net sales of ¥8,417 million, down 6.0% year on year.」
Sales of flower seedlings and home gardening materials for home vegetable gardens and home use declined due to sluggish demand and deferred purchases of higher-priced products. - FY2024-Q1WorsenedAnnual report
「Sales of gardening materials, fertilizers, flower seedlings and vegetable seedlings for general households remained sluggish due to the reactionary decline following stay-at-home demand and the impact of extreme heat, resulting in net sales of ¥1,606 million, down 1.3% year on year.」
Demand shifted from the previous expansion in home gardening and vegetable gardening to sluggish sales of flower and vegetable seedlings and other products due to the reactionary decline following stay-at-home demand and extreme heat. - FY2018RestatedAnnual report
「Although sales of flower seeds to commercial growers and flower and vegetable seedlings for home gardening increased,」
The increase in sales of flower seeds to commercial growers and flower and vegetable seedlings for home gardening has been reconfirmed. - FY2018-Q2RestatedAnnual report
「Because demand peaks in spring, this business tends to record a concentration of net sales and profit in the fourth quarter. Segment profit is generally negative through the third quarter, but this loss is eliminated for the full year.」
The seasonality of the horticulture business has been reconfirmed, with the loss as of the second quarter explained as part of the full-year seasonal earnings trend. - FY2018-Q1RestatedAnnual report
「In the floriculture business, sales of vegetable seedlings for home gardens and flower seedlings increased, but sales of home gardening supplies declined because of weak demand and other factors. Revenue was ¥1,753 million, down slightly year on year, while the segment loss widened to ¥46 million from ¥42 million in the previous-year period.」
While the disclosure describes increased sales of vegetable and flower seedlings for home vegetable gardens, the horticulture business's loss widened due to lower sales of home gardening materials. - FY2017-Q3RestatedAnnual report
「On the earnings front, segment loss narrowed to ¥166 million, compared with a segment loss of ¥176 million in the same quarter of the previous year, as increased sales of original vegetable seedlings in the seedling business improved profitability and selling, general and administrative expenses declined.」
The disclosure states that improved profitability from increased sales of original vegetable seedlings continued and that the horticulture business's segment loss narrowed year on year. - FY2017-Q2First statedAnnual report
「On the earnings front, segment loss narrowed to ¥66 million, compared with a segment loss of ¥79 million in the same quarter of the previous year, as the increase in sales of original vegetable seedlings for home vegetable gardens improved profitability and selling, general and administrative expenses declined.」
This is the first time that increased sales of original vegetable seedlings for home vegetable gardens have been described as an initiative contributing to improved profitability in the horticulture business.