Citizen Watch Co, Ltd. TSE:7762

Citizen Watch : FY2025 2Q Presentation with script

Published

Source: MarketScreener

Financial Results

for the Six months ended September 30, 2025

Presentation

CITIZEN WATCH CO., LTD.

November 12, 2025



2Q (Apr.-Sep.)

Consolidated Financial Results Result by Business Segments

p 5

p 6

2Q (Jul.-Sep.)

Consolidated Financial Results

p 8

Result by Business Segments

Watches

p 9

p 10

Machine Tools

Devices and Components

p 15

p 19

FY 2025

Forecast

p 21

Forecast by Business Segment

p 22

2



Index

My name is Keiichi Kobayashi, in charge of the Public & Investor Relations Department.

I will provide an explanation of the financial results for the second quarter of FY2025.

  • Watches

  • Machine Tools

Sales of the CITIZEN and BULOVA brands remained strong primarily in the North America, exceeding the targets.

Profitability significantly increased due to an increase in unit selling prices, in addition to growth in net sales and the ratio of in-house e-commerce in North America.

Sales remained strong among the overseas markets.



3

Key Points in the Period under Review

2Q (Apr.-Sep.) Consolidated Financial Results Sales and Profit increased

FY2025 Consolidated Financial Forecast Forecast revised upwards

  • Net Sales

  • Operating Profit

  • Ordinary Profit

  • Profit attributable to owners of parent

  • Exchange rate

318.0 billion yen

20.0 billion yen

22.0 billion yen

⇒ 327.0 billion yen (+90 billion yen)

⇒ 24.5 billion yen (+45 billion yen)

⇒ 29.0 billion yen (+70 billion yen)

20.0 billion yen

⇒ 22.0 billion yen (+20 billion yen)

1USD 145 yen

1EUR 160 yen

170 yen

These are key points in the latest financial results.

Consolidated sales and profit for the first six months increased.

In addition, the full-year results forecast has been revised upwards, mainly reflecting better-than-forecast performance in the first six months and a change in a forecast exchange rate.

Financial Results for Six months ended September 30, 2025

(Apr.-Sep.)

4



Now, I will start by outlining the consolidated financial results for the six months ended September 30, 2025.

(Unit:billion yen)

FY2024

1H(Apr.-Sep.) Result

FY2025

1H(Apr.-Sep.) Result

YoY Change Amount

Net sales

156.5

159.2

+ 2.7

+ 1.7%

Operating profit

12.3

12.9

+ 0.6

+ 5.3%

Operating margin

7.9%

8.2%

-

-

Ordinary Profit

12.2

16.1

+ 3.9

+ 32.0%

Profit attributable to

owners of parent

12.2

11.8

( 0.3 )

( 3.3% )

Exchange rate

¥154/USD

¥167/EUR

¥146/USD

¥167/EUR



5

Consolidated Financial Results for 2Q of FY 2025

2Q (Apr.-Sep.) Sales and profit increased

This is a summary of the consolidated financial results for the first six months ended September 30, 2025.

Net sales increased 1.7% year on year, to 159.2 billion yen, with performance being strong in the watches and machine tools segments.

Operating profit rose 5.3% year on year to 12.9 billion yen, mainly reflecting the progress in the improvement of the profitability of the watches segment. The operating margin was 8.2%.

Ordinary profit increased 32.0% year on year to 16.1 billion yen, in part due to an increase in foreign exchange gains.

Profit attributable to owners of parent stood at 11.8 billion yen, down 3.3% year on year.