SAKATA SEED CORPORATION announced its financial results after the close of trading on 6 October. Consolidated ordinary income for the June–August quarter was ¥3.67 billion, down 24.6% year on year, representing 66.7% progress against the first-half plan of ¥5.5 billion.
SAKATA SEED CORPORATION reported consolidated ordinary income of ¥3.67 billion for the first quarter (June–August) of the fiscal year ending May 2027, down 24.6% year on year. The article does not identify structural factors involving sales or selling, general and administrative expenses.
The first-half plan was ¥5.5 billion, making progress for the period 66.7%, above the five-year average of 53.3%.
The sales operating margin for the latest 3 months, the June–August quarter, fell to 13.7% from 19.4% in the same period a year earlier.