Seiko Group's FY2025 profit surges 32.5% amid strong demand
Seiko Group Corporation (TSE: 8050) announced its consolidated financial results for the fiscal year ended March 31, 2025, showcasing substantial gains in profitability and sales. Net sales increased by 10.1% year-on-year to ¥304.744 billion, with operating profit surging by 44.1% to ¥21.240 billion. Ordinary profit also saw a significant rise of 30.7%, reaching ¥20.769 billion. Profit attributable to owners of parent climbed 32.5% to ¥13.316 billion, reflecting the company's strong performance across its business segments. The Emotional Value Solutions (EVS) Business led the growth, with strong sales in the Watches and WAKO segments, driven by robust domestic demand and inbound tourism. Basic earnings per share increased to ¥326.18. The company forecasts net sales of ¥312.000 billion and profit attributable to owners of parent of ¥14.500 billion for the fiscal year ending March 31, 2026.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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