Seiko Group CorporationTSE: 8050

Consolidated Financial Summary for the fiscal year ended March 31, 2026

· Issued by Seiko Group Corporation

Note: This document has been translated from a part of the Japanese original. The fully translated version will be disclosed at a later date. These documents have been translated for reference purposes only. In the event of any discrepancy between these translated documents and their Japanese originals, the originals shall prevail.

May 13, 2026



Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Under Japanese GAAP)

Company name: SEIKO GROUP CORPORATION Listing: Tokyo Stock Exchange

Securities code: 8050

URL: https://www.seiko.co.jp/en/

Representative: Shuji Takahashi President

Inquiries: Masanobu Minami General Manager, Accounting Department Telephone: +81-3-3563-2111

Scheduled date of annual general meeting of shareholders: June 25, 2026 Scheduled date to commence dividend payments: June 26, 2026 Scheduled date to file annual securities report: June 24, 2026

Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for institutional investors and analysts)

(Yen amounts are rounded down to millions, unless otherwise noted.)

  1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
    1. Consolidated operating results (Percentages indicate year-on-year changes.)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Fiscal year ended

      March 31, 2026

      March 31, 2025

      Millions of yen

      335,686

      304,744

      %

      10.2

      10.1

      Millions of yen

      30,873

      21,240

      %

      45.4

      44.1

      Millions of yen

      33,119

      20,769

      %

      59.5

      30.7

      Millions of yen

      21,980

      13,316

      %

      65.1

      32.5

      Note: Comprehensive income

      For the fiscal year ended March 31, 2026:

      ¥

      24,950 million [

      138.1%]

      For the fiscal year ended March 31, 2025:

      ¥

      10,477 million [

      (56.6) %]

      Basic earnings per share

      Diluted earnings per share

      Return on equity

      Ratio of ordinary profit to total assets

      Ratio of operating profit to net sales

      Fiscal year ended

      Yen

      Yen

      %

      %

      %

      March 31, 2026

      268.93

      -

      13.3

      8.8

      9.2

      March 31, 2025

      163.09

      -

      8.7

      5.6

      7.0

      Reference: Share of profit (loss) of entities accounted for using equity method

      For the fiscal year ended March 31, 2026: ¥ 1,481 million For the fiscal year ended March 31, 2025: ¥ 1,240 million

      Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. Basic earnings per share have been calculated on the assumption that the stock split had been conducted at the beginning of the previous fiscal year.

    2. Consolidated financial position

      Total assets

      Net assets

      Equity-to-asset ratio

      Net assets per share

      As of

      March 31, 2026

      March 31, 2025

      Millions of yen

      383,881

      369,236

      Millions of yen

      177,502

      158,014

      %

      45.8

      42.2

      Yen

      2,150.47

      1,909.32

      Reference: Equity

      As of March 31, 2026: ¥ 175,783 million

      As of March 31, 2025: ¥ 155,972 million

      Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. Net assets per share have been calculated on the assumption that the stock split had been conducted at the beginning of the previous fiscal year.

    3. Consolidated cash flows

    Cash flows from operating activities

    Cash flows from investing activities

    Cash flows from financing activities

    Cash and cash equivalents at end of period

    Fiscal year ended March 31, 2026

    March 31, 2025

    Millions of yen

    36,769

    32,609

    Millions of yen

    (14,794)

    (9,120)

    Millions of yen

    (20,455)

    (16,520)

    Millions of yen

    43,487

    39,429

  2. Cash dividends

    Annual dividends per share

    Total cash dividends (Total)

    Payout ratio (Consolidated)

    Ratio of dividends to net assets (Consolidated)

    First quarter-end

    Second quarter-end

    Third quarter-end

    Fiscal year-end

    Total

    Yen

    Yen

    Yen

    Yen

    Yen

    Millions of yen

    %

    %

    Fiscal year ended March 31, 2025

    -

    45.00

    -

    55.00

    100.00

    4,134

    30.7

    2.7

    Fiscal year ended March 31, 2026

    -

    60.00

    -

    105.00

    165.00

    6,821

    30.7

    4.1

    Fiscal year ending March 31, 2027

    (Forecast)

    -

    45.00

    -

    45.00

    90.00

    32.0

    Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. For the fiscal years ended March 2025 and March 2026, the actual dividend amounts before the stock split are stated. For the fiscal year ending March 2027 (forecast), the figures after the stock split are stated. If the stock split is not taken into account, the annual dividend for the fiscal year ending March 2027 (forecast) would be 180 yen.

  3. Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of parent

Basic earnings per share

Fiscal year ending March 31, 2027

Millions of

yen

358,000

%

6.6

Millions of

yen

33,500

%

8.5

Millions of

yen

34,000

%

2.7

Millions of

yen

23,000

%

4.6

Yen

281.37

Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. The basic earnings per share in the consolidated financial result forecasts for the fiscal year ending March 2027 takes into account the impact of this stock split.

* Notes

(1) Significant changes in the scope of consolidation during the period: Newly included: - companies(

None

)

Excluded: - companies(

)

  1. Changes in accounting policies, changes in accounting estimates, and restatement

    1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

    2. Changes in accounting policies due to other reasons: None

    3. Changes in accounting estimates: None

    4. Restatement: None

  2. Number of issued shares (common shares)

    1. Total number of issued shares at the end of the period (including treasury shares)

      As of March 31, 2026

      82,808,522 shares

      As of March 31, 2025

      82,808,522 shares

    2. Number of treasury shares at the end of the period

      As of March 31, 2026

      1,066,720 shares

      As of March 31, 2025

      1,118,820 shares

    3. Average number of shares outstanding during the period

Fiscal Year ended March 31, 2026

81,731,373 shares

Fiscal Year ended March 31, 2025

81,652,640 shares

(Note)

For the purpose of calculating the number of treasury shares at the end of period and the average numbers of shares issued during the period, treasury shares held in the Board Benefit Trust (BBT) are included in the treasury shares deducted in the calculation.

The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. Total number of issued shares at the end of the period (including treasury shares), number of treasury shares at the end of the period, and average number of shares outstanding during the period have been calculated on the assumption that the stock split had been conducted at the beginning of the previous fiscal year.

[Reference] Overview of non-consolidated financial results 1. Non-consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
  1. Non-consolidated operating results (Percentages indicate year-on-year changes.)

    Net sales

    Operating profit

    Ordinary profit

    Profit

    Fiscal year ended

    March 31, 2026

    March 31, 2025

    Millions of yen

    18,040

    16,238

    %

    11.1

    6.7

    Millions of yen

    3,452

    755

    %

    356.8

    4.3

    Millions of yen

    4,009

    1,658

    %

    141.8

    12.2

    Millions of yen

    6,766

    4,500

    %

    50.3

    25.0

    Basic earnings per share

    Diluted earnings per share

    Fiscal year ended

    Yen

    Yen

    March 31, 2026

    82.74

    -

    March 31, 2025

    55.09

    -

    Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. Basic earnings per share have been calculated on the assumption that the stock split had been conducted at the beginning of the previous fiscal year.

  2. Non-consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

Net assets per share

As of

March 31, 2026

March 31, 2025

Millions of yen

175,994

189,589

Millions of yen

59,040

60,494

%

33.5

31.9

Yen

721.91

740.16

Reference: Equity

As of March 31, 2026: ¥ 59,040 million

As of March 31, 2025: ¥ 60,494 million

Note: The Company conducted a 2-for-1 stock split of its common shares effective April 1, 2026. Net assets per share have been calculated on the assumption that the stock split had been conducted at the beginning of the previous fiscal year.

  • Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.

  • Proper use of earnings forecasts, and other special matters (Cautionary statements with respect to financial forecast)

The financial forecasts which appear in this report have been prepared based solely on the information which was available to the Company as of the date on which the report was released and the Company does not in any way guarantee the achievement of the forecasts. Actual results may differ significantly from the forecasted figures due to a number of factors.

Consolidated Financial Statements and Primary Notes

Consolidated Balance Sheet

(Millions of yen)

As of March 31, 2025

As of March 31, 2026

Assets

Current assets

Cash and deposits

39,429

43,487

Notes receivable - trade

3,546

3,014

Accounts receivable - trade

36,400

42,259

Contract assets

1,426

446

Merchandise and finished goods

46,846

46,939

Work in process

19,120

20,362

Raw materials and supplies

15,697

18,277

Accounts receivable - other

3,697

4,520

Other

9,631

10,475

Allowance for doubtful accounts

(1,614)

(1,867)

Total current assets

174,183

187,914

Non-current assets

Property, plant and equipment

Buildings and structures

83,290

86,119

Machinery, equipment and vehicles

94,004

96,558

Tools, furniture and fixtures

43,549

47,096

Right-of-use assets

16,524

19,358

Other

211

186

Accumulated depreciation

(178,271)

(189,272)

Land

52,695

52,879

Construction in progress

989

1,437

Total property, plant and equipment

112,995

114,365

Intangible assets

Goodwill

6,375

6,091

Other

11,614

13,921

Total intangible assets

17,989

20,012

Investments and other assets

Investment securities

53,123

49,545

Retirement benefit asset

1,603

1,348

Deferred tax assets

2,151

2,618

Other

7,334

8,223

Allowance for doubtful accounts

(146)

(146)

Total investments and other assets

64,068

61,589

Total non-current assets

195,053

195,967

Total assets

369,236

383,881

(Millions of yen)

As of March 31, 2025

As of March 31, 2026

Liabilities

Current liabilities

Notes and accounts payable - trade

26,847

28,322

Short-term borrowings

50,547

42,569

Current portion of long-term borrowings

23,065

28,605

Accounts payable - other

11,997

15,098

Income taxes payable

5,311

6,743

Contract liabilities

9,769

9,998

Provision for bonuses

5,865

6,595

Provision for goods warranties

566

682

Provision for business restructuring

217

-

Other provisions

286

296

Asset retirement obligations

502

513

Other

14,652

17,192

Total current liabilities

149,628

156,616

Non-current liabilities

Long-term borrowings

33,996

24,308

Lease liabilities

9,033

9,385

Deferred tax liabilities

5,335

4,023

Deferred tax liabilities for land revaluation

3,720

3,720

Provision for stock benefits

723

1,013

Provision for long-term goods warranties

164

239

Provision for retirement benefits for directors (and other officers)

4

4

Other provisions

5

2

Retirement benefit liability

5,900

5,153

Asset retirement obligations

609

706

Other

2,099

1,202

Total non-current liabilities

61,592

49,762

Total liabilities

211,221

206,378

Net assets

Shareholders' equity

Share capital

10,000

10,000

Capital surplus

7,256

7,259

Retained earnings

98,164

115,182

Treasury shares

(1,381)

(1,318)

Total shareholders' equity

114,039

131,124

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

14,711

10,999

Deferred gains or losses on hedges

(5)

(48)

Revaluation reserve for land

8,083

8,083

Foreign currency translation adjustment

18,783

25,935

Remeasurements of defined benefit plans

359

(311)

Total accumulated other comprehensive income

41,932

44,659

Non-controlling interests

2,042

1,719

Total net assets

158,014

177,502

Total liabilities and net assets

369,236

383,881

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