TOKYO, May 11 (Pulse News Wire) – Seed CO.,LTD. (7743.T) reported its fiscal year 2026 results, which fell short of previously announced forecasts.
The company disclosed a significant difference between its March 2026 forecast and actual performance figures released today. In the fiscal year ended March 2026, SEED's consolidated revenue was lower than expected, coming in at ¥16.942 billion compared to the previous forecast of ¥19.999 billion. Operating profit also declined, reaching ¥1.009 billion against a forecast of ¥1.6 billion. Similarly, ordinary profit decreased to ¥1.135 billion from the projected ¥1.1 billion.
The earnings per share stood at ¥113.50, up slightly from the forecasted ¥110.00. The discrepancy in results primarily stems from delays in product deliveries affecting sales of certain lens series, increased competition leading to slower growth in single-focus lenses, and adverse economic conditions in China impacting overall sales. Additionally, higher import costs, increased personnel expenses due to organizational expansion, and startup costs associated with a Singapore logistics hub contributed to reduced profitability. Moving forward, SEED plans to intensify promotional activities and campaigns to drive sustained revenue growth.
The company aims to enhance its sales structure through aggressive marketing efforts and explore new opportunities to achieve continuous growth.
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