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

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%

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