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© SAKATA SEED CORPORATION 2026 Supplementary Material for Q2FY2026 (The Six Months Ended November 30, 2025) Sakata Seed Corporation Stock code: 1377 January 13th, 2026 Note : This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
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2 © SAKATA SEED CORPORATION 2026 Consolidated Results for Q2FY2026 FY2025 Q2 FY2026 Q2 Difference (Millions of yen) 11/2024 11/2025 (%) Sales 42,325 47,746 5,421 12.8% Gross profit 27,417 31,053 3,635 13.3% Gross profit margin (%) 64.8% 65.0% 0.3% SGA expenses 21,744 24,157 2,412 11.1% Operating profit 5,672 6,895 1,222 21.6% Ordinary profit 5,650 7,753 2,103 37.2% Net profit 5,123 6,990 1,867 36.4% Exchange rates for overseas subsidiaries Yen/USD (09/2025)¥ 142.82 148.89 6.07 Yen/EUR (09/2025)¥ 159.53 174.51 14.98 FY2026 Q2 Difference FY2026 Forecast Announced Jul. 2025 (%) Forecast Announced Jan. 2026 45,500 2,246 4.9% 101,000 63,600 63.0% 51,100 5,000 1,895 37.9% 12,500 5,000 2,753 55.1% 13,000 4,500 2,490 55.4% 10,000 140.00 8.89 150.00 160.00 14.51 180.00
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3 © SAKATA SEED CORPORATION 2026 Consolidated Results for Q2FY2026 : By business segment (Millions of yen) Sales Operating profit FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference 11/2024 11/2025 (%) 11/2024 11/2025 (%) Domestic wholesale 6,138 6,506 368 6.0% 2,388 2,389 1 0.0% Overseas wholesale 32,364 37,552 5,187 16.0% 8,562 10,082 1,520 17.8% Retail 1,872 1,558 (314) (16.8%) (247) (368) (120) - Other(Landscaping & Garden Construction etc.) 1,949 2,130 180 9.3% 117 86 (31) (26.8%) Subtotal 42,325 47,746 5,421 12.8% 10,820 12,190 1,369 12.7% Elimination - - - - (5,147) (5,294) (146) - Total 42,325 47,746 5,421 12.8% 5,672 6,895 1,222 21.6%
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4 © SAKATA SEED CORPORATION 2026 (Millions of yen) Domestic Wholesale Overseas Wholesale Retail Sales FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference 11/2024 11/2025 11/2024 11/2025 11/2024 11/2025 Vegetable seeds 3,903 4,224 320 27,187 30,620 3,432 564 409 (155) Flower seeds 485 447 (37) 4,653 5,362 708 136 94 (42) Young plants 461 472 11 103 89 (13) 87 90 3 Materials 1,222 1,297 75 0 0 - 937 803 (133) Others 65 63 (2) 418 1,478 1,059 145 160 14 Total sales 6,138 6,506 368 32,364 37,552 5,187 1,872 1,558 (314) (Millions of yen) Other (Landscaping & Garden Construction etc.) Total FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference 11/2024 11/2025 11/2024 11/2025 Vegetable seeds - - - 31,656 35,254 3,597 Flower seeds - - - 5,275 5,904 628 Young plants - - - 652 653 0 Materials - - - 2,160 2,102 (57) Others 1,949 2,130 180 2,579 3,832 1,252 Total sales 1,949 2,130 180 42,325 47,746 5,421 Consolidated Results for Q2FY2026: External Sales by Product
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5 © SAKATA SEED CORPORATION 2026 (Millions of yen) Domestic Wholesale Overseas Wholesale Retail Sales FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference 11/2024 11/2025 11/2024 11/2025 11/2024 11/2025 Japan 6,138 6,506 368 - - - 1,872 1,558 (314) United States - - - 5,206 5,894 687 - - - North & Central America (Other than US) - - - 2,917 3,870 952 - - - Europe & Middle East - - - 10,087 12,463 2,375 - - - South America - - - 3,889 4,661 772 - - - Asia - - - 8,402 8,596 193 - - - Others - - - 1,860 2,066 205 - - - Total sales 6,138 6,506 368 32,364 37,552 5,187 1,872 1,558 (314) (Millions of yen) Other(Landscaping & Garden Construction etc.) Total FY2025 Q2 FY2026 Q2 Difference FY2025 Q2 FY2026 Q2 Difference 11/2024 11/2025 11/2024 11/2025 Japan 1,949 2,130 180 9,960 10,194 234 United States - - - 5,206 5,894 687 North & Central America (Other than US) - - - 2,917 3,870 952 Europe & Middle East - - - 10,087 12,463 2,375 South America - - - 3,889 4,661 772 Asia - - - 8,402 8,596 193 Others - - - 1,860 2,066 205 Total sales 1,949 2,130 180 42,325 47,746 5,421 Consolidated Results for Q2FY2026 : External Sales by Region
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6 © SAKATA SEED CORPORATION 2026 Consolidated Results for Q2FY2026 :Breakdown of External Sales(JPY) Japan 21% North & Central America 21% Europe & Middle East 26% South America 10% Asia 18% Others 4% By region Vegetable seeds 74% Flower seeds 12% Young plants 1% Materials 5% Others 8% By product
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7 © SAKATA SEED CORPORATION 2026 Consolidated Results for Q2FY2026 : Top External Sales Crops Japan (Million JPY) North & Central America (1,000USD) Europe & Middle East (1,000EUR) South America (1,000BRL) Asia (1,000USD) Other (1,000USD) Crop Difference Crop Difference Crop Difference Crop Difference Crop Difference Crop Difference Vegetable Seeds 1 Broccoli +86 Broccoli +1,276 Broccoli +408 Pumpkin/Squash +9,202 Broccoli (2,119) Broccoli (49) Top 5 Crops 2 Tomato +78 Tomato +1,310 Tomato +4,557 Broccoli +1,535 Carrot (2,007) Pumpkin/Squash (330) 3 Bunching Onion +20 Pepper +756 Pumpkin/Squash +1,944 Pepper (3,680) Bunching Onion +303 Cabbage +261 4 Spinach (17) Watermelon +544 Cauliflower +299 Tomato +920 Cauliflower (857) Tomato +238 5 Cabbage +3 Lettuce +715 Cucumber +97 Lettuce +1,714 Pepper (147) Carrot +36 Flower Seeds 1 Pansy/Viola (18) Sunflower +949 Lisianthus +414 Lisianthus +929 Sunflower (308) Zinnia +1 Top 3 Crops 2 Stock (5) Lisianthus +517 Stock +98 Sunflower (1,155) Lisianthus +288 Pansy/Viola (10) 3 Lisianthus (3) Campanula +802 Sunflower (82) Antirrhinum +517 Campanula +146 Begonia (5)
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8 © SAKATA SEED CORPORATION 2026 (Millions of yen) SGA expense Personnel expenses* Travel expenses Repair expenses Outsourcing fees Depreciation Experiment and research expense FY2026 Q2 24,157 12,868 911 958 1,337 1,892 898 FY2025 Q2 21,744 11,592 855 827 1,233 1,690 695 Difference YoY 2,412 1,276 55 130 103 202 203 FX impact 1,120 516 37 35 53 82 29 Breakdown Japan 287 129 (31) 49 (104) 62 11 North & Central America 824 427 49 50 61 20 58 Europe & Middle East 1,233 531 44 49 66 104 113 South America 375 180 (13) (23) 60 19 (9) Asia 61 (4) 3 5 26 (12) 27 Others + consolidation adjustment (369) 12 2 0 (7) 8 0 Consolidated Results for Q2FY2026 :Breakdown of SGA Expenses(JPY) *Personnel expenses include retirement benefit expenses, provision for share awards for directors, and provision for retirement benefits for directors.
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9 © SAKATA SEED CORPORATION 2026 Consolidated Results for FY2026 : External Sales by Customers’ Region (Quarterly Change) Q1 Difference (%) Q2 Difference (%) Q3 Difference (%) Q4 Difference (%) Total Difference (%) North & Central America (1,000 USD) 25,437 4,459 21.3% 40,149 4,239 11.8% 65,586 8,698 15.3% Europe & Middle East (1,000 EUR) 36,308 5,131 16.5% 35,111 3,055 9.5% 71,419 8,186 12.9% South America (1,000 BRL) 88,525 22,165 33.4% 78,127 (3,500) (4.3%) 166,653 18,665 12.6% Asia (Million JPY) 3,777 434 13.0% 4,819 (240) (4.8%) 8,596 193 2.3% Korea included in Asia (Million KRW) 4,571 (887) (16.3%) 7,687 407 5.6% 12,259 (480) (3.8%) India included in Asia (Million INR) 362 20 5.9% 587 136 30.3% 949 156 19.8% Others(Africa, Oceania) (Million JPY) 813 (95) (10.5%) 1,252 300 31.6% 2,066 205 11.0%
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10 © SAKATA SEED CORPORATION 2026 Consolidated Results for FY2025 : External Sales by Customers’ Region (Quarterly Change) Q1 Difference (%) Q2 Difference (%) Q3 Difference (%) Q4 Difference (%) Total Difference (%) North & Central America (1,000 USD) 20,978 (922) (4.2%) 35,909 (55) (0.2%) 41,229 5,363 15.0% 54,653 4,240 8.4% 152,771 8,625 6.0% Europe & Middle East (1,000 EUR) 31,176 4,861 18.5% 32,056 4,360 15.7% 28,042 3,687 15.1% 40,488 2,430 6.4% 131,764 15,339 13.2% South America (1,000 BRL) 66,359 21,734 48.7% 81,628 25,309 44.9% 79,324 31,003 64.2% 82,541 (3,346) (3.9%) 309,854 74,700 31.8% Asia (Million JPY) 3,342 (333) (9.1%) 5,059 (578) (10.3%) 3,107 597 23.8% 4,403 (336) (7.1%) 15,913 (649) (3.9%) Korea included in Asia (Million KRW) 5,459 (1,064) (16.3%) 7,280 333 4.8% 2,992 (1,354) (31.2%) 11,727 879 8.1% 27,460 (1,206) (4.2%) India included in Asia (Million INR) 342 (37) (10.0%) 450 7 1.7% 278 65 30.4% 220 (117) (34.8%) 1,292 (83) (6.0%) Others(Africa, Oceania) (Million JPY) 908 146 19.3% 951 192 25.4% 1,030 (13) (1.3%) 933 (50) (5.2%) 3,824 274 7.7%
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11 © SAKATA SEED CORPORATION 2026 3,054 2,644 2,883 2,543 2,558 3,092 3,703 2,958 4,866 2,887 15.9% 12.2% 15.3% 8.8% 12.2% 14.5% 15.4% 11.2% 21.2% 11.7% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 0 1,000 2,000 3,000 4,000 5,000 6,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 Quarterly Ordinary profit (Millions of yen) Quarterly Ordinary profit margin(%) Consolidated Results(Quarterly Change) 2,335 2,957 2,749 2,454 2,729 2,943 3,304 3,281 4,462 2,433 12.2% 13.6% 14.6% 8.5% 13.0% 13.8% 13.7% 12.4% 19.4% 9.8% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 0 1,000 2,000 3,000 4,000 5,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 Quarterly Operating profit (Millions of yen) Quarterly Operating profit margin(%) 19,163 21,709 18,844 28,961 20,988 21,337 24,084 26,511 23,005 24,741 10,000 15,000 20,000 25,000 30,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY2024 FY2025 FY2026 Quarterly Consolidated sales total (Millions of yen)
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© SAKATA SEED CORPORATION 2026