Komori
Earnings7743SEED CO.,LTD.Electrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ending March 2026, net sales increased 2.1% year on year, while operating income declined 7.8%. For the fiscal year ending March 2027, net sales are expected to increase 9.0% and operating income 52.8%.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-7.8
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales33,942¥ millionYear on year +2.1%Progress 91.7%
Operating profit1,439¥ millionYear on year -7.8%Progress 65.4%
Ordinary income1,406¥ millionYear on year +5.5%Progress 80.3%
Net income attributable to owners of the parent1,135¥ millionYear on year +4.0%Progress 84.1%

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¥37.52
Operating Margin4.2%
Financial position at period-end
Total assets62,500¥ million
of which net assets 19,601 ¥ millionEquity ratio 30.8%vs. prior year-end -4.1pt

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.

Cash inflows and outflows
Operating+2,690
Investment-3,840
Financials-1,908
Net change-3,058

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥4,171 million
Segment revenueContact Lenses and Lens Care Products ¥33,849,402 thousand (YoY +2.2%), Other ¥92,993 thousand (YoY -26.7%)
Segment profitContact Lenses and Lens Care Products ¥3,469,254 thousand (YoY +8.5%), Other ¥11,408 thousand
Regional sales¥29,408,237 thousand, ¥980,494 thousand, ¥661,322 thousand, ¥2,872,353 thousand, ¥19,988 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥37,000 million (YoY +9.0%)
Operating profit¥2,200 million (YoY +52.8%)
Ordinary income¥1,750 million (YoY +24.5%)
Net income¥1,350 million (YoY +18.9%)
Annual Dividend Forecast¥15 → ¥15(0.0%)
Payout ratio33.6%
Factors Behind Changes in Business Performance

Sales growth stalled due to price competition and the diversification of distribution channels. Operating income declined due to higher procurement costs for certain imported products resulting from the weaker yen, increased personnel expenses, start-up costs for the Singapore logistics hub, and advisory fees related to the examination of organizational restructuring.

Disclosure regarding the going concern assumption

Not applicable.

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 5 / Name of newly added company Scotlens Holdings Limited, Scotlens Limited, 上海幻櫻商貿有限公司, SEED CONTACT LENS VIET NAM CO., LTD., SEED CONTACT LENS(M)SDN.BHD / Excluded 1 / Excluded Company Name SEED Contact Lens Europe GmbH
Impairment loss¥0 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,918 thousand, Gain on liquidation of subsidiaries ¥22,843 thousand, Debt Forgiveness Gains ¥56,578 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥513 thousand, Loss on sale of fixed assets ¥4 thousand
Depreciation and amortization¥3,200,723 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End30,265,922
Treasury Shares at Period-End136
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥33,942 million (YoY +2.1%)
Operating profit¥1,439 million (YoY -7.8%)
Ordinary income¥1,406 million (YoY +5.5%)
Profit attributable to owners of the parent¥1,135 million (YoY +4.0%)
Net income per share¥37.52
Operating Margin4.2%
Equity ratioEnd of the current fiscal period 30.8% / End of previous period 34.9%
Total assets¥62,500 million
Net assets¥19,601 million
Cash flows from operating activities¥2,690 million
Cash flows from investing activities¥-3,840 million
Cash flows from financing activities¥-1,908 million
Cash and cash equivalents at end of period¥4,171 million
Full-year earnings forecastNet Sales ¥37,000 million (YoY +9.0%) / Operating profit ¥2,200 million (YoY +52.8%) / Ordinary income ¥1,750 million (YoY +24.5%) / Net income ¥1,350 million (YoY +18.9%)
Annual Dividend Forecast¥15 → ¥15(0.0%)
Payout ratio33.6%
Segment revenueContact Lenses and Lens Care Products ¥33,849,402 thousand (YoY +2.2%), Other ¥92,993 thousand (YoY -26.7%)
Segment profitContact Lenses and Lens Care Products ¥3,469,254 thousand (YoY +8.5%), Other ¥11,408 thousand
Regional sales¥29,408,237 thousand, ¥980,494 thousand, ¥661,322 thousand, ¥2,872,353 thousand, ¥19,988 thousand
Depreciation and amortization¥3,200,723 thousand
Impairment loss¥0 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,918 thousand, Gain on liquidation of subsidiaries ¥22,843 thousand, Debt Forgiveness Gains ¥56,578 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥513 thousand, Loss on sale of fixed assets ¥4 thousand
Disclosure regarding the going concern assumptionNot applicable.
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 5 / Name of newly added company Scotlens Holdings Limited, Scotlens Limited, 上海幻櫻商貿有限公司, SEED CONTACT LENS VIET NAM CO., LTD., SEED CONTACT LENS(M)SDN.BHD / Excluded 1 / Excluded Company Name SEED Contact Lens Europe GmbH
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End30,265,922
Treasury Shares at Period-End136
Factors Behind Changes in Business PerformanceSales growth stalled due to price competition and the diversification of distribution channels. Operating income declined due to higher procurement costs for certain imported products resulting from the weaker yen, increased personnel expenses, start-up costs for the Singapore logistics hub, and advisory fees related to the examination of organizational restructuring.
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyOrders 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.

Net sales were affected by price competition in the market and the diversification of distribution channels. Operating income was affected by higher procurement costs for certain imported products due to the weaker yen, increased personnel expenses resulting from workforce expansion and improved employee compensation, start-up costs for the Singapore logistics hub, and advisory fees related to the examination of organizational restructuring.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | SEED CO.,LTD. (7743) timely disclosure | Komori