Seiko Group Corporation

8050

JP3414700009

Apparel & Accessories

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
4,040 ^JPY	0.00%		+0.50%	+49.96%

Feb. 22	Corporate Earnings, Weak Yen Boost Japanese Shares to Fresh 52-Week Peak	MT
Feb. 22	Seiko's Nine-Month Attributable Profit Jumps 31% on Higher Watch Sales in Europe, Asia	MT

Seiko Group Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023

November 14, 2022 at 09:00 pm EST

Seiko Group Corporation revised earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected Net sales to be JPY 257.0 Billion from JPY 245.0 Billion; Operating profit to be JPY 12.0 Billion from JPY 10.0 Billion; Profit attributable to owners of parent to be JPY 8.5 Billion from JPY 7.5 Billion and Earnings per share to be JPY 206.00 from JPY 181.83.

Latest news about Seiko Group Corporation

Corporate Earnings, Weak Yen Boost Japanese Shares to Fresh 52-Week Peak	Feb. 22	MT
Seiko's Nine-Month Attributable Profit Jumps 31% on Higher Watch Sales in Europe, Asia	Feb. 21	MT
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024	Feb. 14	CI
Seiko Group Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024	Feb. 14	CI
Seiko Group’s Attributable Profit Climbs 18.7% in Fiscal H1 on Decreased Income Taxes	Nov. 21	MT
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024	Nov. 14	CI
Seiko Group Corporation Declares Dividend for the Second Quarter-End, Payable on December 5, 2023; Provides Dividend Guidance for Fiscal Year Ending March 31, 2024	Nov. 14	CI
Seiko Group’s Attributable Profit Up 41.2% in Fiscal Q1 Due to Higher Dividend Income, Lower Income Taxes	23-08-17	MT
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024	23-08-08	CI
Seiko Group Corporation Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024	23-08-08	CI
Seiko's Full-Year Profit Falls 22%	23-05-10	MT
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024	23-05-09	CI
Seiko Group Corporation Provides Dividend Guidance for the Second Quarter-End and Fiscal Year Ending March 31, 2024	23-05-09	CI
Seiko Group Corporation Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023	23-05-09	CI
Seiko Group Corporation Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-09	CI
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023	23-02-14	CI
Seiko Group Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023	23-02-14	CI
Seiko Group Corporation Revises Earnings Guidance for the Fiscal Year Ending March 31, 2023	22-11-14	CI
Seiko Group Corporation Announces Dividend for the Second Quarter Ended September 30, 2022, Payable from December 5, 2022 and Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023	22-11-14	CI
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023	22-11-08	CI
Feature-As Japanese manufacturing fades, a factory town fights to stay alive	22-08-22	RE
As Japanese manufacturing fades, a factory town fights to stay alive	22-08-21	RE
Seiko Holdings Corporation Provides Dividend Guidance for the Second Quarter and Fiscal Year Ending March 31, 2023	22-08-09	CI
Seiko Holdings Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023	22-08-09	CI
Dolphin Unit Closes $8 Million Purchase of High Reserve F&B in Cash-Stock Deal; Dolphin's Shares Tank 10%	22-07-21	MT

Chart Seiko Group Corporation

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Company Profile

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.

Sector

Apparel & Accessories

Calendar

2024-05-13 - Q4 2023 Earnings Release

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Ratings for Seiko Group Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4,040 JPY

Average target price

4,733 JPY

Spread / Average Target

+17.16%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Watches

	1st Jan change	Capi.
SEIKO GROUP CORPORATION	+49.96%	1.05B
SWATCH GROUP	-14.72%	11.02B
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FIYTA PRECISION TECHNOLOGY CO., LTD.	-6.20%	555M
KDDL LIMITED	-8.33%	391M
TIMEX GROUP INDIA LIMITED	-18.09%	165M
ERNEST BOREL HOLDINGS LIMITED	+2.63%	89.74M
HENGDELI HOLDINGS LIMITED	-4.73%	79.32M

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