Seiko : Consolidated financial summary for the fiscal year ended March 31, 2018
May 11, 2018 at 03:48 am EDT
Share
May 11, 2018
CONSOLIDATED FINANCIAL SUMMARY
FOR THE FISCAL YEAR ENDED MARCH 31, 2018
Financial Highlights
For fiscal year ended March 31, 2018 (FY 2017)
FY2017
FY2016
Millions of yen
Millions of US dollars
Millions of yen
Net sales Operating income Ordinary income
268,529
2,526.9
257,115
10,836
102.0
7,487
10,911
102.7
6,671
Profit attributable to owners of parent Earnings per share (yen/USD)
11,541
108.6
5,392
¥ 280.01
US$ 2.63
¥ 130.71
Cash dividends per share (yen/USD)
¥ 75.00
US$ 0.71
¥ 75.00
End of March 2018
End of March 2017
Millions of yen
Millions of US dollars
Millions of yen
Total assets
Net assets
307,590 105,170
2,894.4
989.6
328,857 107,161
Note1: Japanese yen amounts have been converted into US dollars, for convenience only, using the rate of 106.27 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 previous consolidated fiscal year (FY2016).
Sales and Profit (Loss) by Reported Segments
Millions of yen
FY2017
FY2016
Watches Business
140,156
134,592
7,902
7,615
Electronic Devices Business
81,852
84,077
5,793
3,809
Systems Solutions Business
27,411
20,287
1,605
1,283
249,420
238,957
15,301
12,707
Others
27,852
27,043
551
304
Adjustments
(8,743)
(8,885)
(5,015)
(5,525)
Consolidated total
268,529
257,115
10,836
7,487
Operating Income FY2017 FY2016
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
2,352.5
268.5
Operating income
8.0
75.3
10.8
Ordinary income
9.0
84.7
10.9
Profit attributable to owners of parent
6.5
61.2
11.5
Earnings per share (yen/USD)
¥ 157.70
US$ 1.48
¥ 280.01
Cash dividends per share (yen/USD)
¥ 75.00
US$ 0.71
¥ 75.00
Millions of US dollars
FY2018
Note1: Japanese yen amounts have been converted into US dollars, for convenience only, using the rate of 106.27 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.
Attachments
Original document
Permalink
Disclaimer
Seiko Holdings Corporation published this content on 11 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 May 2018 07:47:05 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 
