Kaneko Seeds Co., Ltd. (JP:1376) has released an update.
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Kaneko Seeds Co., Ltd. reported a downturn in their 2024 financial results, with operating profit, ordinary profit, and profit attributable to owners of parent decreasing by 17.2%, 17.9%, and 17.4% respectively compared to the previous year. Despite a slight dip in net sales of 0.9%, the company saw a 6.8% increase in comprehensive income. Notably, the company’s financial position strengthened with total assets rising to 48,682 million yen and a capital adequacy ratio of 50.2%.
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