Consolidated Financial Results for the Second Quarter (Interim Period)
of the Fiscal Year Ending March 31, 2025 (from April 1, 2024 to September 30, 2024)
(Under Japanese GAAP)
November 12, 2024 | |||||||||||||||||||||
Company name: | SEIKO GROUP CORPORATION | Listing: Tokyo | |||||||||||||||||||
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 to file interim securities report | : November 12, 2024 (in Japanese) | ||||||||||||||||||||
Scheduled date to commence dividend payments | : December 5, 2024 | ||||||||||||||||||||
Supplementary material for the interim period financial results | : Available | ||||||||||||||||||||
Interim financial results briefing | : Scheduled (for institutional investors and analysts) | ||||||||||||||||||||
(Yen amounts are rounded down to the nearest million, unless otherwise noted.) | |||||||||||||||||||||
1. Interim consolidated financial results for the fiscal year ending March 31, 2025 | |||||||||||||||||||||
(1) Consolidated operating results (cumulative) | (Percentages indicate year-on-year changes.) | ||||||||||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||||||||||||
owners of parent | |||||||||||||||||||||
Interim Period ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||||||||||
September 30, 2024 | 151,001 | 15.0 | 13,351 | 63.6 | 12,833 | 38.8 | 8,667 | 38.0 | |||||||||||||
September 30, 2023 | 131,295 | 1.1 | 8,160 | (7.8) | 9,247 | (3.3) | 6,281 | 18.7 | |||||||||||||
Note: Comprehensive income | For the Interim | Period ended | September 30, 2024: | 7,729 | million | [(51.9%)] | |||||||||||||||
For the Interim Period ended September 30, 2023: | 16,062 million | [22.1%] | |||||||||||||||||||
Basic earnings | Diluted earnings | ||||||||||||||||||||
per share | per share | ||||||||||||||||||||
Interim Period ended | Yen | Yen | |||||||||||||||||||
September 30, 2024 | 212.40 | - | |||||||||||||||||||
September 30, 2023 | 152.13 | - | |||||||||||||||||||
(2) Consolidated financial position | |||||||||||||||||||||
Total assets | Net assets | Equity-to-asset ratio | |||||||||||||||||||
As of | Millions of yen | Millions of yen | % | ||||||||||||||||||
September 30, 2024 | 374,240 | 157,252 | 41.4 | ||||||||||||||||||
March 31, 2024 | 376,262 | 151,334 | 39.6 | ||||||||||||||||||
Reference: Equity | As of September 30, 2024 | : | 155,094 | million | |||||||||||||||||
As of March 31, 2024 | : | 149,100 | million | ||||||||||||||||||
2. Cash dividends | |||||||||||||||||||||
Annual dividends per share | |||||||||||||||||||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |||||||||||||||||
Fiscal year ended | Yen | Yen | Yen | Yen | Yen | ||||||||||||||||
March 31, 2024 | - | 37.50 | - | 42.50 | 80.00 | ||||||||||||||||
Fiscal year ending | - | 45.00 | |||||||||||||||||||
March 31, 2025 | |||||||||||||||||||||
Fiscal year ending | - | 45.00 | 90.00 | ||||||||||||||||||
March 31, 2025 | |||||||||||||||||||||
(Forecast) | |||||||||||||||||||||
Note: Revisions to the forecast of | cash dividends most | recently announced: None |
3. Consolidated financial forecast for the fiscal year ending March 31, 2025 (From April 1, 2024 to March 31, 2025)
( Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to | Basic earnings | |||||
owners of parent | per share | ||||||||
Fiscal year ending | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen |
March 31, 2025 | 306,000 | 10.5 | 18,000 | 22.1 | 18,000 | 13.2 | 11,500 | 14.4 | 281.68 |
Note: Revision to the financial | forecast most recently announced: None |