Kaneko Seeds Co., Ltd. (JP:1376) has released an update.
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Kaneko Seeds Co., Ltd. experiences a downturn in financial performance, with an 8.1% increase in net sales but a significant decline in operating profit (down 48.9%) and profit attributable to owners (down 49.0%) compared to the previous year. Total assets decreased to 44,844 million yen from 48,682 million yen, while the capital adequacy ratio improved slightly to 54.0%. The company did not declare any dividends for the first two quarters.
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