Message from the President

Thank you for your continued support of our company.

SEED is dedicated to providing the optimum contact lenses to our customers. Our flagship product, "SEED Pure Series", is widely used in Japan and overseas as a domestically produced lens that features SEED’s original lens material with high functional and high value-added lens designs, including those for hyperopia, myopia, astigmatism, multifocal, as well as new design for bifocal lenses.

In Japan, although concerns about a downturn in the economy due to the effects of sharp fluctuations in exchange rates and rising prices continued, economic activities made slow but steady progress toward normalization. In the domestic contact lens market, demand has been increasing due to an increase in the myopic population resulting from lifestyle changes and an increase in opportunities to wear contact lenses as a result of the normalization of socioeconomic activities. Furthermore, the market expanded due to the continued shift to one-day disposable contact lenses, the growth of bifocal contact lenses for middle-aged and older customers, and the spread of orthokeratology lenses.

Under these circumstances, in the fiscal year ending March 31, 2024, the final year of our three-year medium-term management plan (April 2021 to March 2024), we have been working to expand sales and sales channels mainly for the "SEED 1dayPure Series". Since the beginning of 2023, demand for domestic and overseas "Pure Series" products, mainly for astigmatism and bifocal lenses, has exceeded production volume. We believe that a drastic increase in production capacity will lead to future growth, in order to restore inventory to a level that will enable a stable supply of products and to establish a mass production system for new products that will enhance market competitiveness, we are dedicated to the early operation of the Annex building of SEED Konosu Research Institute 2nd Building, which was completed in April 2024, to increase production capacity. Furthermore, during the fiscal year ending March 31, 2025, we plan to begin the construction of a new 4th building for our factory. Through these measures to increase production capacity, we expect to be able to significantly expand production capacity to 75 million pieces per month.

We will continue to act flexibly and decisively in response to the external environment based on our new medium-term management plan (April 2024 - March 2027) and accelerate our multifaceted activities to reach the 50 billion yen sales as soon as possible.

While pursuing to provide safe and high-quality products and services, we will continue to work with our overseas subsidiaries and distributors to optimize the functions and roles of contact lenses to support your vision with Japanese quality.
We look forward to your continued support and patronage.