Seiko Group CorporationTSE: 8050

FY2024 Q3 Consolidated Financial Summary

· Issued by Seiko Group Corporation

Consolidated Financial Results

for the Nine Months Ended DECEMBER 31, 2024

(Under Japanese GAAP)

February 12, 2025

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 commence dividend payments:

-

Preparation of supplementary material on quarterly financial results:

Available

Holding of quarterly financial results briefing:

Scheduled (for institutional investors and analysts)

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

1. Consolidated financial results for the nine months ended December 31, 2024 (from April 1, 2024 to December 31, 2024)

(1) Consolidated operating results (cumulative)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to

owners of parent

Nine months ended

Millions of yen

Millions of yen

Millions of yen

December 31, 2024

232,514

13.1

20,798

47.1

20,784

35.7

12,935

21.5

December 31, 2023

205,672

4.2

14,143

13.6

15,321

20.5

10,643

31.3

Note: Comprehensive income

For the nine months ended December 31, 2024:

19,162 million

[14.2%]

For the nine months ended December 31, 2023:

16,781 million

[22.3%]

Basic earnings

Diluted earnings

per share

per share

Nine months ended

Yen

Yen

December 31, 2024

316.88

-

December 31, 2023

257.96

-

(2) Consolidated financial position

Total assets

Net assets

Equity-to-asset ratio

As of

Millions of yen

Millions of yen

%

December 31, 2024

397,650

166,824

41.4

March 31, 2024

376,262

151,334

39.6

Reference: Equity

As of December 31, 2024:

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

March 31, 2025

-

45.00

-

Fiscal year ending

March 31, 2025

50.00

95.00

(Forecast)

Note: Revisions to the forecast of cash dividends most recently announced: Reviced

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

20,000

35.7

20,000

25.8

12,500

24.4

306.17

Note: Revision to the financial forecast most recently announced: Revised