SAKATA SEED CORPORATION [1377.T]
TOKYO, Apr 07 (Pulse News Wire) – Sakata Seed Corporation (1377.T) reported its consolidated revenue for the quarter ending February 2026 was ¥135 billion, up 14.4% from ¥118 billion in the same period last year. Operating profit increased to ¥9.3 billion from ¥8.9 billion, while ordinary profit rose to ¥10.4 billion compared to ¥9.4 billion previously.
Sales growth was driven primarily by overseas wholesale operations, which saw revenues increase to ¥56.8 billion from ¥50.8 billion. Domestic wholesale sales also contributed positively, rising to ¥10.2 billion from ¥9.9 billion. However, retail sales declined slightly to ¥3 billion from ¥3.1 billion.
Other segments showed mixed results, with some improvements but overall modest performance. The company's operating margin improved to 6.9%, up from 6.7% in the previous year. General and administrative expenses grew to ¥37.6 billion, reflecting higher costs across various categories such as travel, personnel, repairs, depreciation, and research activities.
Despite these increases, Sakata Seed maintained strong profitability, highlighting robust demand for its seed products globally.
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