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Citizen Watch, Apr-Jun (1Q) Ordinary Profit Decreases by 16%
7762 Citizen Watch Co., Ltd. 【J-GAAP】
Earnings ReportCitizen Watch Co., Ltd. <7762> [TSE Prime] announced its financial results after the market closed on August 13th (15:30). The consolidated ordinary profit for the first quarter of the fiscal year ending March 2026 (April to June) decreased 16.1% from the same period last year to 6.16 billion yen. However, Progress toward the plan for the six months ending September (first half) of 10.0 billion yen was 61.7%, also surpassing the five-year average of 49.7%.
In the most recent three-month period, from April to June (1Q), the operating profit margin remained almost flat, changing from 6.2% in the same period last year to 6.2%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2023 | 72,695 | 5,537 | 8,001 | 6,280 | 25.2 | 45.9 | Aug 14, 2023 | J-GAAP |
| Apr - Jun, 2024 | 75,888 | 4,684 | 7,347 | 8,543 | 35.0 | 59.9 | Aug 13, 2024 | J-GAAP |
| Apr - Jun, 2025 | 75,282 | 4,699 | 6,166 | 9,186 | 37.7 | 61.7 | Aug 13, 2025 | J-GAAP |
| YoY | -0.8% | +0.3% | -16.1% | +7.5% | +7.5% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2024 | 156,516 | 12,328 | 12,266 | 12,279 | 50.4 | 22.50 | Nov 11, 2024 | J-GAAP |
| Apr - Sep, 2025 Guidance | 155,000 | 9,000 | 10,000 | 11,000 | 45.1 | 23.50 | May 13, 2025 | J-GAAP |
| YoY | -1.0% | -27.0% | -18.5% | -10.4% | -10.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 312,830 | 25,068 | 30,810 | 22,958 | 93.6 | 40 | May 13, 2024 | J-GAAP |
| Mar, 2025 | 316,885 | 20,592 | 23,024 | 23,876 | 97.9 | 45 | May 13, 2025 | J-GAAP |
| Mar, 2026 Guidance | 318,000 | 20,000 | 22,000 | 20,000 | 82.0 | 47 | May 13, 2025 | J-GAAP |
| YoY | +0.4% | -2.9% | -4.4% | -16.2% | -16.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 75,888 | 4,684 | 7,347 | 8,543 | 35.0 | 6.2 | Aug 13, 2024 | J-GAAP |
| Jul - Sep, 2024 | 80,628 | 7,644 | 4,919 | 3,736 | 15.3 | 9.5 | Nov 11, 2024 | J-GAAP |
| Oct - Dec, 2024 | 85,193 | 6,708 | 9,721 | 9,928 | 40.7 | 7.9 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 75,176 | 1,556 | 1,037 | 1,669 | 6.8 | 2.1 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 75,282 | 4,699 | 6,166 | 9,186 | 37.7 | 6.2 | Aug 13, 2025 | J-GAAP |
| YoY | -0.8% | +0.3% | -16.1% | +7.5% | +7.5% |
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