Sakata Seed Corporation Reports Six-Month Financial Results with Revised Full-Year Forecast

Sakata Seed Corporation ( (JP:1377) ) has issued an announcement.

Sakata Seed Corporation reported its consolidated financial results for the six months ending November 30, 2024, showing a slight increase in net sales by 3.6% to ¥42,325 million. Despite a marginal decline in ordinary profit, the company achieved a significant 58.8% rise in profit attributable to owners of the parent, amounting to ¥5,123 million. The company also announced a revision in its full-year financial results forecast, with expected net sales growth of 5.4% and a decrease in profit attributable to owners of the parent by 44.3%. These results indicate a stable yet challenging financial environment, impacting stakeholders with adjusted earnings expectations and dividend forecasts.

More about Sakata Seed Corporation

Sakata Seed Corporation is a company listed on the Tokyo Stock Exchange, operating in the agriculture industry with a focus on the production and distribution of seeds. The company is engaged in the development and sale of vegetable and flower seeds, catering to a diverse range of agricultural markets globally.

YTD Price Performance: -1.73%

Average Trading Volume: 76,357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen147.6B

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