Sakata Seed announces share buyback, tender offer at 10% discount

Sakata Seed Corporation announced a tender offer to acquire up to 1,100,100 of its common shares for a maximum value of 3,613,828,500 yen. The tender offer, resolved on October 7, 2025, is set at 3,285 yen per share, a 10% discount from the one-month average closing price of 3,650 yen as of October 6, 2025. The acquisition period is scheduled from October 8, 2025, to November 6, 2025, with settlement on December 1, 2025. This initiative aims to enhance shareholder returns and capital efficiency, including earnings per share and return on equity.

The decision follows an intention by TM Kosan Co., Ltd., Sakata Seed’s largest shareholder, to sell 1,000,000 shares (2.31% ownership). TM Kosan expressed its intent to tender shares while retaining 6,607,996 shares (15.25% ownership). Funds for the tender offer will come from the company’s own funds and bank loans.

For Q1 FY2026 (June 1 - August 31, 2025), Sakata Seed reported net sales of 23,005 million yen, a 9.6% increase from the prior year, and a net profit of 3,637 million yen, up 222.6%. The company's financial results reflect strong performance, with operating profit reaching 4,462 million yen, an increase of 63.5%.