Citizen Watch Co, Ltd. TSE:7762
Citizen Watch : FY2025 Presentation with script
Source: MarketScreener
Financial Results
for the Year ended March 31, 2026
Presentation
CITIZEN WATCH CO., LTD. May 13, 2026
FY2025 | Consolidated Financial Results | p 5 |
Result by Business Segments | p 6 | |
4Q (Jan.-Mar.) | Consolidated Financial Results | p 9 |
Result by Business Segments | p 10 | |
FY2026 | Forecast | p 19 |
Forecast by Business Segments | p 20 |
2
p 21
Progress of Medium-term Management Plan 2027
Index
My name is Keiichi Kobayashi, in charge of the Public & Investor Relations Department. I will provide an explanation of the financial results for fiscal 2025.
| The performance of both the CITIZEN and BULOVA brands was strong, particularly in North America. Operating profit increased significantly. This was chiefly assisted by the growth of in-house e-commerce, in addition to an increase in sales in the main distribution channels in North America. |
There was a lack of momentum in automotive-related sales, but medical-related sales continued to be solid and semiconductor-related sales grew significantly. Operating profit increased, mainly due to higher net sales in overseas markets. |
FY2026 Forecast | YoY | |
| 362.0 billion yen | +4.4% |
| 34.5 billion yen | +14.0% |
| 9.5% | ー |
3
Key Points in the Period under Review
FY2025 4Q Consolidated Financial Results
（Jan.-Mar.） Sales and profit increased
（FY2025） Sales and profit increased
FY2026 Financial and Dividend Forecasts
※ Assumed exchange rate for FY2026
1USD 150 yen
1EUR 175 yen
Annual dividends per share: 50 yen (up 3 yen year on year)
These are key points in the latest financial results.
Consolidated results for fiscal 2025 showed gains in sales and profits for both the three-month period of the fourth quarter and the full twelve-month period.
Furthermore, the full-year results forecast for FY2026 predicts year-on-year gains in sales and profits, with the targets set out in the Medium-Term Management Plan 2027 expected to be reached one year ahead of schedule.
Forecast for the annual dividend is 50 yen per share, an increase of 3 yen from the previous fiscal year, in line with the policy of our Medium-term Management Plan.
Financial Results for the year ended March 31, 2026 (Apr.-Mar.)
4
Now, I will start by outlining the full-year consolidated financial results for FY2025.
（Unit：billion yen) | FY2024 1-4Q (Apr-Mar) Result | FY2025 1-4Q (Apr-Mar) Result | YoY Change Amount ％ | |
Net sales | 316.8 | 346.8 | + 29.9 | ＋ 9.4% |
Operating profit | 20.5 | 30.2 | + 9.6 | ＋ 46.9% |
Operating margin | 6.5% | 8.7% | - | - |
Ordinary Profit | 23.0 | 38.4 | + 15.4 | ＋ 67.0% |
Profit attributable to owners of parent | 23.8 | 31.1 | + 7.2 | ＋ 30.3% |
Exchange rate | ¥153/USD ¥164/EUR | ¥150/USD ¥174/EUR | ||
Exchange rate
5
Consolidated Financial Results for FY2025
FY2025 Sales and profit increased
Here is a summary of our financial results for FY2025.
Net sales increased 9.4% year on year, to 346.8 billion yen, with performance being strong in the watches and machine tools segments.
Operating profit rose 46.9% year on year to 30.2 billion yen, mainly reflecting progress in improving the profitability of the watches and machine tools segments. The operating margin was 8.7%.
Ordinary profit increased 67.0% year on year to 38.4 billion yen, in part due to an increase in foreign exchange gains.
Profit attributable to owners of parent totaled 31.1 billion yen, up 30.3% year on year, setting a new record high, despite the recording of custom duties for prior periods and provision for custom duties for prior periods, due in part to the recording of a gain on sale of investment securities and the impact of a review of the recoverability of deferred tax assets.