Citizen Watch Co, Ltd. TSE:7762

Citizen Watch : Notice of Differences Between Consolidated Operating Results Forecasts and Actual

Published

Source: MarketScreener



November 12, 2025

For Immediate Release

Company Name: Citizen Watch Co., Ltd. Representative: Yoshitaka Oji, President and CEO (Code: 7762, Prime, Tokyo Stock Exchange) Please address inquiries to Keiichi Kobayashi

Director in charge of Public & Investor Relations Department

TEL: +81-42-468-4934

Notice of Differences Between Consolidated Operating Results Forecasts and Actual Results for 2Q FY2025 and Revision to Consolidated Operating Results Forecasts

Citizen Watch Co., Ltd. ("the Company") hereby announces the differences between the consolidated operating results forecasts for the six-month period ended September 30, 2025 announced on May 13, 2025 and the actual results announced today.

  1. Differences between Consolidated Operating Results Forecasts and Actual Results for the 2nd quarter of the fiscal year ending March 31, 2026 (from April 1, 2025 to September 30, 2025)

    Net sales

    Operating profit

    Ordinary profit

    Profit

    attributable to owners of parent

    Earnings per share

    Forecast previously announced (A) (May 13, 2025)

    Millions of yen

    155,000

    Millions of yen

    9,000

    Millions of yen

    10,000

    Millions of yen

    11,000

    Yen 45.11

    Actual results (B)

    159,250

    12,986

    16,197

    11,880

    48.70

    Change (B-A)

    4,250

    3,986

    6,197

    880

    -

    Change (%)

    2.7%

    44.3%

    62.0%

    8.0%

    -

    FY2024

    (from April 1, 2024 to September 30, 2024)

    156,516

    12,328

    12,266

    12,279

    50.36

  2. Revision to Consolidated Operating Results Forecasts for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

    Net sales

    Operating profit

    Ordinary profit

    Profit

    attributable to owners of parent

    Earnings per share

    Forecast previously announced (A) (May 13, 2025)

    Millions of yen

    318,000

    Millions of yen

    20,000

    Millions of yen

    22,000

    Millions of yen

    20,000

    Yen 82.01

    Forecast as of the announcement date (B)

    327,000

    24,500

    29,000

    22,000

    90.21

    Change (B-A)

    9,000

    4,500

    7,000

    2,000

    -

    Change (%)

    2.8%

    22.5%

    31.8%

    10.0%

    -

    FY2024

    (from April 1, 2024 to March 31, 2025)

    316,885

    20,592

    23,024

    23,876

    97.91

  3. Reason for the difference

In the consolidated results for the first six months for the fiscal year ending March 31, 2026, sales of the CITIZEN and BULOVA brands remained strong, exceeding the targets in the North American market of the Company's mainstay Watches business in particular, despite a strong feeling of uncertainty about the future due in part to a global increase in the cost of living. Additionally, the growth of in-house ecommerce and an increase in unit selling price were primary contributors to the significant increase in profitability. The Machine Tools business shifted sales increase due to a moderate recovery in orders received, despite maintaining a cautious stance on capital expenditures. Consequently, the result exceeded the forecast.

The Company has revised its full-year consolidated financial forecasts for the fiscal year ending March 31, 2026 to reflect the better-than-expected consolidated results for the first six months and the revised foreign exchange rates forecast, among other factors.

Future forecasts provided in this material are prepared based on information available to the Company and certain assumptions that the Company considers reasonable as of the date of this announcement. Actual results may differ from these forecasts, depending on a variety of factors.