SEIKO, The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 40% Increase, Highest in Thirty Terms, Dividend Revised Upward by 2 yen

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Wed Jan 29, 2025 3:30 pm JST Revision

6286 SEIKO CORPORATION 【J-GAAP】

Guidance Update Report

SEIKO CORPORATION <6286> [TSE Std] announced a revision to its performance and dividend after the market closed on January 29th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward 42.9%, from the previous forecast of 0.98 billion yen to 1.4 billion yen (compared to 0.99 billion yen in the previous period), reaches new record high for the first time in thirty terms, turning to a 40.3% increase in the consolidated ordinary profit outlook.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (2H) consolidated ordinary profit has been revised upward 2.8 times, from the previous forecast of 0.23 billion yen to 0.65 billion yen (compared to 0.72 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 67.8% to 9.6%.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 18 yen to 20 yen (compared to 16 yen in the previous period).

Kabutan News

Guidance Update

Second Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2024 Prev	18,842	219	232	195	30.2	8	Nov 8, 2024	J-GAAP
Oct - Mar, 2024 New	20,342	639	652	475	73.5	10	Jan 29, 2025	J-GAAP
Revision Rate	+8.0%	+191.8%	+181.0%	+143.6%	+143.6%

Full Year Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2025 Prev	37,500	880	980	620	96.0	18	Sep 18, 2024	J-GAAP
Mar, 2025 New	39,000	1,300	1,400	900	139.3	20	Jan 29, 2025	J-GAAP
Revision Rate	+4.0%	+47.7%	+42.9%	+45.2%	+45.2%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	19,821	675	721	584	90.4	8	May 15, 2024	J-GAAP
Oct - Mar, 2024 Guidance	20,342	639	652	475	73.5	10	Jan 29, 2025	J-GAAP
YoY	+2.6%	-5.3%	-9.6%	-18.7%	-18.6%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	34,535	548	675	331	52.6	16	May 12, 2023	J-GAAP
Mar, 2024	36,102	882	998	779	120.5	16	May 15, 2024	J-GAAP
Mar, 2025 Guidance	39,000	1,300	1,400	900	139.3	20	Jan 29, 2025	J-GAAP
YoY	+8.0%	+47.4%	+40.3%	+15.5%	+15.6%