Citizen Watch Co, Ltd. TSE:7762
Citizen Watch : FY2025 1Q Presentation with script
Source: MarketScreener
Financial Results
for the Three months ended June 30, 2025
Presentation
CITIZEN WATCH CO., LTD.
August 13, 2025
Index
Financial Results for Three months ended June 30, 2025 Consolidated Financial Results p 4
Results by Business Segments p 5
Watches p 6
Machine Tools p 11
Devices and Components p 14
Financial Forecast for FY2025
Consolidated Financial Forecast Forecasts by Business Segments
p 16
p 17
2
My name is Keiichi Kobayashi, in charge of the Public & Investor Relations Department.
I will provide an explanation of the financial results for the first quarter of fiscal 2025.
Financial Results for Three months ended June 30, 2025
3
（billions of yen) | FY2024 1Q(Apr-Jun) Result | FY2025 1Q(Apr-Jun) Result | YoY Change Amount ％ | |
Net sales | 75.8 | 75.2 | ( 0.6 ) | ( 0.8% ) |
Operating profit | 4.6 | 4.6 | + 0 | +0.3% |
Operating margin | 6.2% | 6.2% | - | - |
Ordinary Profit | 7.3 | 6.1 | ( 1.1 ) | ( 16.1% ) |
Profit attributable to owners of parent | 8.5 | 9.1 | + 0.6 | +7.5% |
Exchange rate | ¥155/USD ¥167/EUR | ¥146/USD ¥163/EUR | ||
Consolidated Financial Results for 1Q of FY 2025
1Q (Apr.-Jun.) Sales decreased and profit increased
4
Net sales increased in the machine tools segment, but decreased in the devices and components segment, declining 0.8% year on year to 75.2 billion yen in total.
Operating profit rose 0.3% year on year to 4.6 billion yen, reflecting improved profitability in the core watches and machine tools segments despite the impact of exchange rates, with the yen strengthening compared with the same time in the previous year. The operating margin was 6.2% for the quarter.
Ordinary profit declined 16.1% year on year to 6.1 billion yen, in part due to a decline in foreign exchange. Profit attributable to owners of parent rose 7.5% year on year to 9.1 billion yen, due to gains on the sale of investment securities, among other factors.
FY2024 Net sales 1Q(Apr-Jun) (billions of yen) Result | FY2025 1Q(Apr-Jun) Result | YoY Change Amount ％ | ||
Watches 41.6 | 41.5 | ( 0.1 ) | ( 0.3% ) | |
Machine Tools 17.9 | 18.9 | + 1.0 | ＋ 6.0% | |
Devices and Components 16.3 | 14.7 | ( 1.5 ) | ( 9.6% ) | |
Consolidated Total 75.8 Operating Profit (Unit: billion yen, %:operating margin) | 75.2 | ( 0.6 ) | ( 0.8% ) | |
Watches 3.7 8.9% | 4.4 10.6% | + 0.6 | ＋ 18.6% | |
Machine Tools 1.3 7.3% | 1.5 8.0% | + 0.1 | ＋ 15.1% | |
Devices and Components 1.2 7.4% | 0.4 2.7% | ( 0.8 ) | ( 66.8% ) | |
Eliminations or general corporate ( 1.5 ) | ( 1.6 ) | + 0.0 | - | |
Consolidated Total 4.6 6.2% | 4.6 6.2% | + 0.0 | ＋ 0.3% | |
Financial results by Business Segments for 1Q of FY 2025
Business Segments
Watches
Results
Sales decrease and profit increased
Machine Tools
Sales and profit increased
Device and Components
Sales and profit decreased
5
Here are the financial results by segment.
With the outlook remaining uncertain due to U.S. tariff policies and other factors, net sales in the watches segment fell 0.3% year on year to 41.5 billion yen. However, operating profit increased 18.6% to 4.4 billion yen, with an operating margin of 10.6%.
In the machine tools segment, net sales increased 6.0% year on year to 18.9 billion yen due to sales growth in China and Europe, while operating profit rose 15.1% year on year to 1.5 billion yen, marking positive turnarounds for both sales and profit.
In the devices and components segment, both sales and profit decreased due to the absence of large-scale deliveries of photo printers in the same period of the previous year.