SeedSEED CO.,LTD.7743東証スタンダード精密機器FY ending Mar 2026, consolidated, J-GAAP

Seed revenue and profit

Out of every ¥100 of sales, about ¥4 is left as operating profit. Revenue changed +2.1% from the prior year, operating profit -7.8%.

Five-year trend

Revenue¥33.9B
FY ending Mar 2022: ¥28.8B¥28.8BFY ending Mar 2023: ¥30.6B¥30.6BFY ending Mar 2024: ¥32.4B¥32.4BFY ending Mar 2025: ¥33.2B¥33.2BFY ending Mar 2026: ¥33.9B¥33.9BFY22FY23FY24FY25FY26
Operating income¥1.44B
FY ending Mar 2022: ¥1.18B¥1.18BFY ending Mar 2023: ¥629.9M¥629.9MFY ending Mar 2024: ¥2.05B¥2.05BFY ending Mar 2025: ¥1.56B¥1.56BFY ending Mar 2026: ¥1.44B¥1.44BFY22FY23FY24FY25FY26
Operating margin4.2%
FY ending Mar 2022: 4.1%4.1%FY ending Mar 2023: 2.1%2.1%FY ending Mar 2024: 6.3%6.3%FY ending Mar 2025: 4.7%4.7%FY ending Mar 2026: 4.2%4.2%FY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin3.3%
Asset turnover0.59×
ROA2.0%
ROA2.0%
Financial leverage3.28×
ROE6.5%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin3.3%
2022: 4.0%4.0%2024: 6.1%6.1%2025: 3.3%3.3%2026: 3.3%3.3%2223242526
Asset turnover0.59×
2022: 0.69×0.69×2024: 0.72×0.72×2025: 0.66×0.66×2026: 0.59×0.59×2223242526
ROA2.0%
2022: 2.8%2.8%2023: -0.8%-0.8%2024: 4.4%4.4%2025: 2.2%2.2%2026: 2.0%2.0%2223242526
Financial leverage3.28×
2022: 3.47×3.47×2024: 3.22×3.22×2025: 3.02×3.02×2026: 3.28×3.28×2223242526
ROE6.5%
2022: 9.6%9.6%2024: 14.1%14.1%2025: 6.5%6.5%2026: 6.5%6.5%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20224.0%0.69×2.8%3.47×9.6%
2023——×-0.8%—×—
20246.1%0.72×4.4%3.22×14.1%
20253.3%0.66×2.2%3.02×6.5%
20263.3%0.59×2.0%3.28×6.5%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue108.5%
2021: 71.9%71.9%2022: 70.7%70.7%2023: 62.7%62.7%2024: 74.0%74.0%2025: 83.7%83.7%2026: 108.5%108.5%212223242526
PPE ÷ total assets58.9%
2021: 49.9%49.9%2022: 48.8%48.8%2023: 47.9%47.9%2024: 48.4%48.4%2025: 53.8%53.8%2026: 58.9%58.9%212223242526
Goodwill ÷ parent equity6.0%
2021: 4.1%4.1%2022: 7.0%7.0%2023: 4.2%4.2%2024: 2.6%2.6%2025: 2.2%2.2%2026: 6.0%6.0%212223242526
Goodwill balance¥1.07B
2021: ¥462M¥462M2022: ¥845.3M¥845.3M2023: ¥479.6M¥479.6M2024: ¥435M¥435M2025: ¥374.2M¥374.2M2026: ¥1.07B¥1.07B212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

Receivable days55d
2021: 57d57d2022: 56d56d2023: 51d51d2024: 50d50d2025: 51d51d2026: 55d55d212223242526
Payable days7d
2021: 12d12d2022: 13d13d2023: 13d13d2024: 15d15d2025: 14d14d2026: 7d7d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue28,83530,59432,39733,23233,942
Cost of revenue16,82518,97018,21318,60418,720
Gross profit12,01111,62314,18414,62815,222
SG&A10,83410,99312,13313,06613,783
Operating income1,1776302,0501,5621,440
Pretax income1,448-582,0811,3271,487
Income tax255295118226353
Net income attributable to owners1,154-3161,9641,0921,136
Operating margin4.1%2.1%6.3%4.7%4.2%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

7%
8%
Property, plant and equipment 59%
4%
2%
Other assets 20%

Funding

1%
Other liabilities 68%
Equity 31%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥3.88B¥4.94B¥9.85B¥7.08B¥4.17B
Total assets¥41.8B¥40B¥49.6B¥51.8B¥62.5B
Net assets¥12.5B¥12.1B¥17.7B¥18.4B¥19.6B
Share capital¥1.84B¥1.84B¥3.53B¥3.53B¥3.53B
Trade receivables¥4.46B¥4.29B¥4.43B¥4.63B¥5.11B
Property, plant and equipment¥20.4B¥19.2B¥24B¥27.8B¥36.8B
Intangible assets excluding goodwill¥1.87B¥1.2B¥1.04B¥923.5M¥1.62B
Goodwill¥845.3M¥479.6M¥435M¥374.2M¥1.07B
Investment securities¥741.1M¥752.5M¥815.7M¥1.03B¥969.9M
Current assets¥17.3B¥17.6B¥22.3B¥20.7B¥21.8B
Current liabilities¥16.4B¥17.3B¥19.6B¥18.1B¥27.7B
Trade payables¥586.7M¥687.8M¥754.4M¥693.7M¥356.3M
Short-term borrowings¥11.5B¥12.6B¥13.5B¥12.3B¥13.9B
Long-term borrowings¥6.74B¥5.04B¥4.89B¥6.8B¥5.59B
Total liabilities¥29.3B¥27.9B¥31.9B¥33.4B¥42.9B
Non-controlling interests¥275M¥283.9M¥293.3M¥322.2M¥329.7M
Equity attributable to owners of parent¥12B¥11.4B¥16.4B¥17.1B¥17.7B
Retained earnings¥7.09B¥6.47B¥8.13B¥8.77B¥9.42B
Treasury stock-¥23K-¥24K-¥49K-¥83K-¥83K

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第70期(2025/04/01-2026/03/31)

    ID S100YGWB2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第69期(2024/04/01-2025/03/31)

    ID S100W2QR2025-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第68期(2023/04/01-2024/03/31)

    ID S100TUAU2024-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第67期(2022/04/01-2023/03/31)

    ID S100R84G2023-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第66期(令和3年4月1日-令和4年3月31日)

    ID S100OI0B2022-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第65期(令和2年4月1日-令和3年3月31日)

    ID S100LTEX2021-06-28Open

Extracted from XBRL: 52 / Derived from other figures: 1

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