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SEIKO ELECTRIC, Jan-Sep (Cumulative 3Q) Ordinary Profit Increases by 27%, Jul-Sep Ordinary Profit Increases by 55%
6653 SEIKO ELECTRIC CO.,LTD. 【J-GAAP】
Earnings ReportSEIKO ELECTRIC CO.,LTD. <6653> [TSE Prime] announced its financial results after the market closed on October 27th (17:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) increased 26.6% from the same period last year, reaching 2.13 billion yen. Progress toward the full-year plan of 3.00 billion yen was 71.3%, exceeding the five-year average of 61.7%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to grow 28.7% from the same period last year, reaching 0.86 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 55.4% from the same period last year, reaching 0.60 billion yen. The operating profit margin improved from 5.5% in the same period last year to 7.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 18,603 | 1,062 | 1,191 | 782 | 64.4 | 65.6 | Oct 25, 2023 | J-GAAP |
| Jan - Sep, 2024 | 20,266 | 1,345 | 1,689 | 1,081 | 88.8 | 71.6 | Oct 29, 2024 | J-GAAP |
| Jan - Sep, 2025 | 20,803 | 1,794 | 2,138 | 1,370 | 101.5 | 71.3 | Oct 27, 2025 | J-GAAP |
| YoY | +2.6% | +33.4% | +26.6% | +26.7% | +14.2% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 14,862 | 1,003 | 1,062 | 692 | 56.0 | 20 | Feb 5, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 18,585 | 1,262 | 1,471 | 974 | 72.0 | 25 | Jul 31, 2025 | J-GAAP |
| YoY | +25.1% | +25.8% | +38.5% | +40.8% | +28.7% |
Current Period Guidance
| 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 Guidance | 33,000 | 2,600 | 3,000 | 1,950 | 144.2 | 50 | Jul 31, 2025 | J-GAAP |
| YoY | +13.4% | +29.0% | +27.2% | +27.0% | +16.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 6,029 | 332 | 392 | 237 | 19.5 | 5.5 | Oct 29, 2024 | J-GAAP |
| 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 |
| YoY | +6.0% | +37.3% | +55.4% | +66.2% | +49.8% |
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