Revised forecast
Fiscal year ending May 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Sales are expected to remain stable, mainly overseas. Despite the negative impact of foreign exchange, revenue is expected to increase, while higher selling, general and administrative expenses are expected to be absorbed by the increase in gross profit. Ordinary income is expected to decline due to lower foreign exchange gains, while net income attributable to owners of the parent is expected to decline due to the absence of the extraordinary gain recorded in the previous fiscal year.
Impairment loss: ¥413 million (fiscal year ended May 2026)
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥110,000 million（5.5％） |
| Operating profit | Not disclosed → ¥13,500 million（2.9％） |
| Ordinary income | Not disclosed → ¥13,500 million（△5.5％） |
| Profit attributable to owners of the parent | Not disclosed → ¥10,000 million（△17.8％） |
| Net income per share | Not disclosed → 236.63 yen |
| Fiscal Period Covered | Fiscal year ending May 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net sales: ¥104,280 million; operating income: ¥13,122 million; ordinary income: ¥14,278 million; net income attributable to owners of the parent: ¥12,163 million; net income per share: ¥284.46 |
| Reason for the revision | Sales are expected to remain stable, mainly overseas. Despite the negative impact of foreign exchange, revenue is expected to increase, while higher selling, general and administrative expenses are expected to be absorbed by the increase in gross profit. Ordinary income is expected to decline due to lower foreign exchange gains, while net income attributable to owners of the parent is expected to decline due to the absence of the extraordinary gain recorded in the previous fiscal year. |
| Details and amount of extraordinary loss | Impairment loss: ¥413 million (fiscal year ended May 2026) |
| Dividend forecast revision | The year-end dividend for the fiscal year ended May 2026 was increased by ¥10 from the previously announced dividend forecast to ¥50. The annual dividend forecast for the fiscal year ending May 2027 is ¥90 (interim dividend: ¥40; year-end dividend: ¥50). |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
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.In the fiscal year ended May 2026, revenue increased due to higher sales of vegetable seeds and agricultural materials in the domestic wholesale business, higher overseas sales of vegetable and flower seeds, and the weaker yen. For the fiscal year ending May 2027, sales are expected to remain stable, mainly overseas, while the negative impact of foreign exchange and higher selling, general and administrative expenses are anticipated. However, the increase in gross profit is expected to absorb operating expenses. The decline in ordinary income is attributed to lower foreign exchange gains, while the decline in net income attributable to owners of the parent is attributed to the absence of the extraordinary gain recorded in the previous fiscal year.