KANEKO SEEDS CO., LTD.

1376・Standard Market・Fishery, Agriculture & Forestry

1376・Standard Market・Fishery, Agriculture & Forestry

KANEKO SEEDS CO., LTD.1376

Reference Indicators

Market Cap

180¥100M

P/E (Forecast)

10.2x

P/B

0.6x

Dividend Yield (Forecast)

3.14%

ROE

5.1%

EV/EBITDA

7.5x

Financial Summary

Unit: ¥M

Item	2022May 2022	2023May 2023	2024May 2024	2025May 2025	2026May 2026
Net Sales	60,691	62,179	61,598	64,508	67,733
Cost of Sales	51,203	52,671	52,142	54,972	57,853
Gross Profit	9,487	9,507	9,456	9,536	9,879
SG&A Expenses	7,652	7,722	7,977	8,024	8,130
Operating Income	1,835	1,785	1,478	1,511	1,749
Non-operating Income	154	153	156	175	189
Non-operating Expenses	80	25	64	20	91
Ordinary Income	1,909	1,913	1,570	1,666	1,846
Extraordinary Income	0	—	—	91	5
Extraordinary Losses	61	17	63	179	44
Pre-tax Income	1,847	1,895	1,507	1,578	1,807
Income Taxes	545	469	329	378	482
Net Income	1,302	1,426	1,177	1,200	1,325
EBITDA	2,192	2,239	1,991	2,060	2,262
Gross Margin	15.6%	15.3%	15.4%	14.8%	14.6%
Operating Margin	3.0%	2.9%	2.4%	2.3%	2.6%
ROA	2.7%	3.1%	2.4%	2.4%	2.4%
ROE	5.9%	6.2%	4.9%	5.1%	5.1%

Segment Performance

Unit: ¥M

2025

Segment	Net Sales	Operating Income	Operating Margin
種苗事業	9,480	547	5.8%
花き事業	8,417	-2	-0.0%
施設材事業	14,659	374	2.6%
農材事業	31,952	1,460	4.6%

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