Leading seed and plant company SAKATA SEED CORPORATION hit a new four-month low. The market focused on the double-digit decline in operating profit for the first quarter of the fiscal year ending May 2025.
Leading seed and plant company SAKATA SEED CORPORATION hit a four-month low. The company’s shares were reported to have come under selling pressure as the market focused on this development.
The company’s earnings outlook for the first quarter of the fiscal year ending May 2025, covering June through August, reportedly indicates a double-digit decline in operating profit. This has raised concerns about the impact on the full-year outlook.
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