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SEIKO GROUP, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 24%, Raises Record High Profit Forecast, Dividend Revised Upward by 20 Yen

Tue Feb 10, 2026 3:30 pm JST Earnings

8050 SEIKO GROUP CORPORATION 【J-GAAP】

Earnings Report

SEIKO GROUP CORPORATION <8050> [TSE Prime] announced its financial results after the market closed on February 10th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 30.8 billion yen, an increase 48.2% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 24.5%, from the previous forecast of 24.5 billion yen to 30.5 billion yen (compared to 20.7 billion yen in the previous period), increasing the growth rate from 18.0% to 46.9%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 84.5%, from the previous forecast of 7.10 billion yen to 13.1 billion yen (compared to 7.93 billion yen in the same period of the previous year), turning to a 65.1% increase in the consolidated ordinary profit outlook.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 130 yen to 150 yen (compared to 100 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 68.6% from the same period last year, reaching 13.4 billion yen. The operating profit margin significantly improved from 9.1% in the same period last year to 12.9%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 205,672 14,143 15,321 10,643 258.0 96.4 Feb 14, 2024 J-GAAP
Apr - Dec, 2024 232,514 20,798 20,784 12,935 316.9 100.1 Feb 12, 2025 J-GAAP
Apr - Dec, 2025 254,116 28,959 30,803 20,537 502.6 101.0 Feb 10, 2026 J-GAAP
YoY +9.3% +39.2% +48.2% +58.8% +58.6%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 157,476 7,651 7,102 3,502 85.7 70 Nov 11, 2025 J-GAAP
Oct - Mar, 2025 New 167,476 12,151 13,102 7,502 183.6 90 Feb 10, 2026 J-GAAP
Revision Rate +6.4% +58.8% +84.5% +114.2% +114.2%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 318,000 24,500 24,500 16,000 391.5 130 Nov 11, 2025 J-GAAP
Mar, 2026 New 328,000 29,000 30,500 20,000 489.3 150 Feb 10, 2026 J-GAAP
Revision Rate +3.1% +18.4% +24.5% +25.0% +25.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 153,743 7,889 7,936 4,649 113.9 55 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 167,476 12,151 13,102 7,502 183.6 90 Feb 10, 2026 J-GAAP
YoY +8.9% +54.0% +65.1% +61.4% +61.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 276,807 14,737 15,894 10,051 244.3 80 May 14, 2024 J-GAAP
Mar, 2025 304,744 21,240 20,769 13,316 326.2 100 May 13, 2025 J-GAAP
Mar, 2026 Guidance 328,000 29,000 30,500 20,000 489.3 150 Feb 10, 2026 J-GAAP
YoY +7.6% +36.5% +46.9% +50.2% +50.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 81,513 7,447 7,951 4,268 104.6 9.1 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 72,230 442 -15 381 9.3 0.6 May 13, 2025 J-GAAP
Apr - Jun, 2025 77,114 8,176 8,488 6,352 155.5 10.6 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 83,410 8,673 8,910 6,146 150.4 10.4 Nov 11, 2025 J-GAAP
Oct - Dec, 2025 93,592 12,110 13,405 8,039 196.7 12.9 Feb 10, 2026 J-GAAP
YoY +14.8% +62.6% +68.6% +88.4% +88.2%

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