Q1 operating profit up 88.8% and revenue up 28.5%, ahead of plan
Impact on stocks 1
Semiconductors
8050
▲ PositiveCapitalrelevance
Seiko Group's share price has risen about 40% over the past month, but on August 21 it fell back by 540 yen to 10,530 yen. Operating profit for the first quarter of the fiscal year ending March 2027 rose 88.8% year on year to 15.4 billion yen, while revenue increased 28.5% to 99 billion yen, with the watch business and Wako business performing strongly both at home and abroad. Progress against the full-year operating profit forecast of 41 billion yen is just under 40%, meaning the company is ahead of its plan. As of August 21, the price-earnings ratio was 30.74 times and the price-to-book ratio was 4.53 times, while the equity ratio was 45.8%, below the precision instruments industry median of 65.9%.
Q1 operating profit up 88.8% and revenue up 28.5%, ahead of plan