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SEIWA ELECTRIC, 13% Increase in Ordinary Profit, Record High for The First Time in Two Years, Increased Previous Year's Dividend by 2 Yen, Plan to Continue the 20 Yen Policy This Fiscal Year as Well

Thu Feb 12, 2026 4:00 pm JST Earnings

6748 SEIWA ELECTRIC MFG. CO., LTD. 【J-GAAP】

Earnings Report

SEIWA ELECTRIC MFG. CO., LTD. <6748> [TSE Std] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the fiscal year ended December 2025 decreased by 9.4% from the previous period to 1.74 billion yen. For the fiscal year ending December 2026, the consolidated ordinary profit is expected to expand to 13.2% to 1.97 billion yenExpected to reach record high profits for the first time in two years. This will be the fourth consecutive term of revenue growth.

At the same time, the company increased the annual dividend for the previous term from 18 yen to 20 yen (compared to 18 yen in the prior term), and has decided to continue with a dividend of 20 yen for the current term as well.

In the most recent three-month period, from October to December (4Q), the consolidated ordinary profit dropped to 0.51 billion yen, a 48.2% decrease compared to the same period last year. The operating profit margin significantly dropped from 11.9% in the same period last year to 6.5%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 23,760 1,041 1,159 793 60.4 18 Feb 13, 2024 J-GAAP
Dec, 2024 25,215 1,772 1,921 1,350 103.0 18 Feb 12, 2025 J-GAAP
Dec, 2025 25,385 1,648 1,741 1,232 95.1 20 Feb 12, 2026 J-GAAP
YoY +0.7% -7.0% -9.4% -8.7% -7.7%

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 26,000 1,800 1,850 1,245 96.3 18 Feb 12, 2025 J-GAAP
Dec, 2025 Results 25,385 1,648 1,741 1,232 95.1 20 Feb 12, 2026 J-GAAP
Revision Rate -2.4% -8.4% -5.9% -1.0% -1.2%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 11,976 798 842 573 44.2 0 Aug 8, 2025 J-GAAP
Jan - Jun, 2026 Guidance 11,250 500 510 240 18.6 0 Feb 12, 2026 J-GAAP
YoY -6.1% -37.3% -39.4% -58.1% -57.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 25,215 1,772 1,921 1,350 103.0 18 Feb 12, 2025 J-GAAP
Dec, 2025 25,385 1,648 1,741 1,232 95.1 20 Feb 12, 2026 J-GAAP
Dec, 2026 Guidance 26,000 1,900 1,970 1,330 103.2 20 Feb 12, 2026 J-GAAP
YoY +2.4% +15.3% +13.2% +8.0% +8.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 7,959 951 993 692 52.8 11.9 Feb 12, 2025 J-GAAP
Jan - Mar, 2025 6,236 685 681 475 36.6 11.0 May 13, 2025 J-GAAP
Apr - Jun, 2025 5,740 113 161 98 7.6 2.0 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 6,173 379 385 258 19.9 6.1 Nov 12, 2025 J-GAAP
Oct - Dec, 2025 7,236 471 514 401 31.0 6.5 Feb 12, 2026 J-GAAP
YoY -9.1% -50.5% -48.2% -42.1% -41.4%

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