Seiko Corporation
Fiscal Year Ending March 2027 — Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)
For the interim period of the fiscal year ending March 2027, consolidated net sales were 21,835 million yen, a 1.5% increase year-over-year. Operating income was 786 million yen, ordinary income was 867 million yen, and net income attributable to owners of the parent for the interim period was 514 million yen. Full-year forecasts remain unchanged: net sales 46,000 million yen, operating income 1,600 million yen, ordinary income 1,700 million yen, and net income attributable to owners of the parent 1,000 million yen. By segment, industrial machinery, electrical equipment, cold forging and vehicle-related businesses were steady, while some segments were affected by higher selling, general and administrative expenses. Dividend forecast remains at 14 yen at year-end and 28 yen for the full year.
Key Figures
- Net Sales: 218,350 million yen (Year-over-Year +1.5%)
- Full-Year Net Sales: 46,000 million yen (Year-over-Year +2.5%)
- Net Income Attributable to Owners of Parent (Interim): 514 million yen (Year-over-Year -7.2%)
AI要約
Overview of Results
Under our medium-term management plan, we continue to strengthen our business portfolio with an emphasis on automation, labor saving and resource efficiency. Interim net sales exceeded 21,800 million yen, a slight increase year-over-year, with core segments performing steadily. However, higher selling, general and administrative expenses led to declines in operating income and interim net income. By segment, industrial machinery, electrical equipment and vehicle-related businesses contributed, while real estate leasing recorded decreased profits. Full-year forecasts remain unchanged and we plan to strengthen the growth foundation through investments in the second half.
Outlook and Impact for Investors
In the second half, we will accelerate investments in human capital and promote digitalization to improve operational efficiency through AI and IT utilization. We anticipate full-year net sales of 46,000 million yen, operating income of 1,600 million yen, and net income of 1,000 million yen, while the increase in selling, general and administrative expenses is positioned as growth investment. Sustained cost reduction and productivity improvements are essential for improving profit margins, and actual results may beat or miss forecasts depending on segment-specific market trends.
Seiko Corporation
Company overview · Stock price · Financial data · All IR
