tiprankstipranks
Sakata Seed Corporation Updates Financial Forecasts
Company Announcements

Sakata Seed Corporation Updates Financial Forecasts

Story Highlights

Stay Ahead of the Market:

An announcement from Sakata Seed Corporation ( (JP:1377) ) is now available.

Sakata Seed Corporation announced differences between its forecasted and actual financial results for the six-month period ending November 30, 2024, citing increased sales in certain regions despite overall sales falling short by 5.9% due to lower sales in North and Central America and Asia. The company also revised its profit forecasts for the fiscal year ending May 31, 2025, indicating a positive outlook with an increase in profit attributable to owners due to factors like a lower-than-expected flood impact in Brazil and asset sales in the USA.

More about Sakata Seed Corporation

Sakata Seed Corporation operates in the agricultural industry, focusing primarily on the production and distribution of vegetable seeds across various regions including Europe, the Middle East, South America, and Japan.

YTD Price Performance: -1.73%

Average Trading Volume: 76,357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen147.6B

Learn more about 1377 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App