SEED Co.,Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported Net Sales were ¥7,680 million against ¥7,131 million a year ago. Operating income was ¥404 million against ¥466 million a year ago. Ordinary income was ¥364 million against ¥492 million a year ago. Net loss attributable to owners of the parent company was ¥55 million against net income attributable to owners of the parent company of ¥337 million a year ago. Net loss per share was ¥2.23 against net income per share of ¥13.49 a year ago.

The company provides earnings forecast for the year ending March 31, 2020. The company forecast net sales of ¥33,100 million. Operating income of ¥2,100 million. Ordinary income of ¥2,050 million. Net income attributable to owners of the parent company of ¥1,000 million and net income per share of ¥39.95.

The company provides dividend forecast for fiscal year ending March 31, 2020. For the fiscal year, company forecast year end dividend of ¥12 per share.