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SEIKO ELECTRIC, 9% Increase in Ordinary Profit, Update Record High for Fourth Consecutive Term, Dividend Raised by 5 Yen
6653 SEIKO ELECTRIC CO.,LTD. 【J-GAAP】
Earnings ReportSEIKO ELECTRIC CO.,LTD. <6653> [TSE Prime] announced its financial results after the market closed on February 12th (15:30). The consolidated ordinary profit for the fiscal year ended December 2025 expanded to 32.5% from the previous period to 3.12 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to grow by 8.8% to 3.40 billion yen, marking the fourth consecutive term of record-high profits. This will be the sixth consecutive term of revenue and the fourteenth consecutive term of profit growth.
At the same time, the company has decided to increase the dividend this fiscal year to 55 yen, an increase of 5 yen from the previous fiscal year.
In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit increased 47.5% from the same period last year, reaching 0.98 billion yen. The operating profit margin remained almost flat, changing from 7.6% in the same period last year to 7.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 27,071 | 1,622 | 1,816 | 1,202 | 98.9 | 35 | Feb 8, 2024 | J-GAAP |
| Dec, 2024 | 29,099 | 2,016 | 2,359 | 1,536 | 124.2 | 40 | Feb 5, 2025 | J-GAAP |
| Dec, 2025 | 31,380 | 2,615 | 3,126 | 2,036 | 150.7 | 50 | Feb 12, 2026 | J-GAAP |
| YoY | +7.8% | +29.7% | +32.5% | +32.6% | +21.3% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 33,000 | 2,600 | 3,000 | 1,950 | 144.2 | 50 | Jul 31, 2025 | J-GAAP |
| Dec, 2025 Results | 31,380 | 2,615 | 3,126 | 2,036 | 150.7 | 50 | Feb 12, 2026 | J-GAAP |
| Revision Rate | -4.9% | +0.6% | +4.2% | +4.4% | +4.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 14,415 | 1,338 | 1,529 | 976 | 72.3 | 25 | Jul 31, 2025 | J-GAAP |
| Jan - Jun, 2026 Guidance | 16,600 | 1,400 | 1,600 | 1,080 | 79.9 | 27.50 | Feb 12, 2026 | J-GAAP |
| YoY | +15.2% | +4.6% | +4.6% | +10.7% | +10.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 29,099 | 2,016 | 2,359 | 1,536 | 124.2 | 40 | Feb 5, 2025 | J-GAAP |
| Dec, 2025 | 31,380 | 2,615 | 3,126 | 2,036 | 150.7 | 50 | Feb 12, 2026 | J-GAAP |
| Dec, 2026 Guidance | 36,000 | 3,000 | 3,400 | 2,300 | 170.1 | 55 | Feb 12, 2026 | J-GAAP |
| YoY | +14.7% | +14.7% | +8.8% | +13.0% | +12.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 8,833 | 671 | 670 | 455 | 36.8 | 7.6 | Feb 5, 2025 | J-GAAP |
| Jan - Mar, 2025 | 8,504 | 1,101 | 1,162 | 746 | 55.3 | 12.9 | Apr 23, 2025 | J-GAAP |
| Apr - Jun, 2025 | 5,911 | 237 | 367 | 230 | 17.0 | 4.0 | Jul 31, 2025 | J-GAAP |
| Jul - Sep, 2025 | 6,388 | 456 | 609 | 394 | 29.2 | 7.1 | Oct 27, 2025 | J-GAAP |
| Oct - Dec, 2025 | 10,577 | 821 | 988 | 666 | 49.3 | 7.8 | Feb 12, 2026 | J-GAAP |
| YoY | +19.7% | +22.4% | +47.5% | +46.4% | +34.0% |
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