Seiko : Consolidated Financial Summary for the six months ended September 30, 2018
November 13, 2018 at 01:49 am EST
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November 13, 2018
CONSOLIDATED FINANCIAL SUMMARY
FOR THE SIX MONTHS ENDED SEPTEMBER 30, 2018
Financial Highlights
For the six months ended September 30, 2018 (2Q FY 2018)
2Q FY2018
2Q FY2017
Millions of yen
Millions of US dollars
Millions of yen
Net sales
121,072
1,066.0
133,027
Operating income
5,718
50.3
6,895
Ordinary income
7,535
66.3
6,926
Profit attributable to owners of parent
6,166
54.3
2,447
Earnings per share (yen/USD)
¥ 149.61
US$ 1.32
¥ 59.39
End of March 2018
Millions of yen
Total assets
305,297
Net assets
105,170
Millions of yen
End of September 2018
Millions of US dollars
304,293 111,915
2,679.1
985.3
Note1: Japanese yen amounts have been converted into US dollars, for convenience only, using the rate of 113.58 yen/dollar.
Note2: The Company has conducted share consolidation by which five common shares have been consolidated into one share on October 1, 2017. Earnings per share for the consolidated business results represents figures on the presumption that said share consolidation is performed at the beginning of the previous consolidated fiscal year (FY2017).
Sales and Profit (Loss) by Reported Segments
Millions of yen
2Q FY2018
2Q FY2017
Watches Business
69,192
67,943
5,745
4,388
Electronic Devices Business
28,815
44,185
1,306
3,904
Systems Solutions Business
15,079
12,731
1,078
677
113,087
124,860
8,130
8,970
Others
13,008
12,833
(162)
37
Adjustments
(5,023)
(4,665)
(2,248)
(2,113)
Consolidated total
121,072
133,027
5,718
6,895
Operating Income 2Q FY2018 2Q FY2017
Net SalesSub Total
Note: Consolidated total represents figures after consolidation adjustments such as the elimination of inter-segment sales.
[Forecasted business results for the year ending March 31, 2019 (FY2018)]
1. Financial highlights
FY2017
Billions of yen
Billions of yen
Net sales
250.0
2,201.1
268.5
Operating income
8.0
70.4
10.8
Ordinary income
9.0
79.2
10.9
Profit attributable to owners of parent
6.5
57.2
11.5
Earnings per share (yen/USD)
¥ 157,71
US$ 1.39
¥ 280.01
Cash dividends per share (yen/USD)
Interim
¥ 37.50
¥ 7.50
Year end
¥ 37.50
¥ 37.50
Total
¥ 75.00
¥ -
Millions of US dollars
FY2018
US$ 0.33
US$ 0.33
US$ 0.66
Note1: Japanese yen amounts have been converted into US dollars, for convenience only, using the rate of 113.58 yen/dollar.
Note2: The Company has conducted share consolidation by which five common shares have been consolidated into one share on October 1, 2017. Earnings per share for the consolidated business results and Cash dividends per share represent figures on the presumption that said share consolidation is performed at the beginning of the consolidated fiscal year (FY2017).
2. Sales and Profit (Loss) by Reported Segments
Billions of yen
FY2018
FY2017
Watches Business
140.0
140.1
9.0
7.9
Electronic Devices Business
60.0
81.8
2.0
5.7
Systems Solutions Business
29.0
27.4
2.0
1.6
229.0
249.4
13.0
15.3
Others
30.0
27.8
0.5
0.5
Consolidated total
250.0
268.5
8.0
10.8
Operating Income FY2018 FY2017
Net SalesSub Total
Note: Consolidated total represents figures after consolidation adjustments such as the elimination of inter-segment sales.
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Seiko Holdings Corporation published this content on 13 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 November 2018 06:48:01 UTC
Seiko Group Corp is a Japan-based company mainly engaged in the operation of watch business, electronic device business and system solution business. The Company operates through three business segments. The Watch segment is engaged in the manufacture, wholesale and retail of watches and watch movements, as well as watch repair and after-sales service. The Electronic Device segment is engaged in the manufacture and sale of crystal oscillators, batteries and materials, printers, and precision parts. The System Solution segment is engaged in the manufacture and sale of products related to wireless communication equipment, information network systems, and data services. The Company also operates the time creation and wako business, including the sale of equipment clocks and sports timing equipment, the development manufacture, sale, repair and after-sales service of clocks, the retail of luxury jewelry, apparel and miscellaneous goods, and real estate leasing business.
SEIKO GROUP CORPORATION 
