Construction of SEED's New Head Office Building

「The main factors included an increase in property, plant and equipment due to completion of the new head office building and the annex to Building 2 at the Konosu Research Institute, as well as the introduction of new equipment into the annex to Building 2 at the Konosu Research Institute.」

「At the end of the current second quarter of the consolidated fiscal year, total assets stood at ¥42,915 million, an increase of ¥2,903 million from the end of the previous consolidated fiscal year. The main factors included an increase in property, plant and equipment due to the introduction of new equipment at the Konosu Research Institute, the purchase of the land beneath Building 3 and investment related to the new head office, as well as an increase in cash and deposits accompanying higher sales.」

「The new head office building, construction of which began in December 2022 and which is scheduled for completion in May 2024 due to the aging of the existing building, is designed not only to improve business productivity but also around consideration for the environment and coexistence with the local community. The company plans to raise funds from financial institutions by establishing a Green Loan Framework that has received external evaluation.」

「Because the existing building had aged, construction of the new Seed head office building began in December 2022. The building is designed to provide high environmental performance and coexist with the local community, while creating a comfortable workplace to attract diverse and talented personnel. Completion is scheduled for May 2024.」