Komori
Revision of earnings forecasts7762Citizen Watch Co.,Ltd.Electrical Equipment and Precision Instruments

Fiscal Year Ended March 2024 Financial Results〔Japanese GAAP〕(Consolidated)

The company announced its consolidated results for the fiscal year ended March 2024 and presented forecasts for the fiscal year ending March 2025 of sales of ¥310.0 billion, operating profit of ¥23.0 billion, ordinary profit of ¥25.5 billion and net income attributable to owners of the parent of ¥22.0 billion. The profit forecasts for the fiscal year ending March 2025 are below the previous fiscal year's actual results, and the annual dividend forecast is ¥45.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-17.2
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ended March 2025 · Six months and full year
Net Sales—→—million
—
Operating profit—→—million
—
Ordinary income—→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

新型コロナウイルスの感染収束に伴う需要回復が一巡し、一部に弱さが見られるものの、緩やかな回復基調を維持すると見ている。国内では個人消費とインバウンド需要の回復、海外では個人消費の底堅さを想定している。

Details and amount of extraordinary loss

減損損失1,677百万円、固定資産除却損559百万円など。特別損失合計2,507百万円。

Previous-period results売上高312,830百万円、営業利益25,068百万円、経常利益30,810百万円、親会社株主に帰属する当期純利益22,958百万円、1株当たり当期純利益93.60円
Dividend forecast revision2025年3月期は中間22.50円、期末22.50円、年間45.00円。修正前予想および修正の有無はNot disclosed。
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → Cumulative second-quarter results 151,000 / Full year 310,000(Cumulative second-quarter results △1.3% / Full year △0.9%)
Operating profitNot disclosed → Cumulative second-quarter results 11,000 / Full year 23,000(Cumulative second-quarter results △18.8% / Full year △8.2%)
Ordinary incomeNot disclosed → Cumulative second-quarter results 12,200 / Full year 25,500(Cumulative second-quarter results △30.0% / Full year △17.2%)
Profit attributable to owners of the parentNot disclosed → Cumulative second-quarter results 12,500 / Full year 22,000(Cumulative second-quarter results △6.6% / Full year △4.2%)
Net income per shareNot disclosed → Cumulative second-quarter results 51.27 / Full year 90.23
Fiscal Period CoveredFiscal year ended March 2025
Period CoveredSix months and full year
Previous-period results売上高312,830百万円、営業利益25,068百万円、経常利益30,810百万円、親会社株主に帰属する当期純利益22,958百万円、1株当たり当期純利益93.60円
Reason for the revision新型コロナウイルスの感染収束に伴う需要回復が一巡し、一部に弱さが見られるものの、緩やかな回復基調を維持すると見ている。国内では個人消費とインバウンド需要の回復、海外では個人消費の底堅さを想定している。
Details and amount of extraordinary loss減損損失1,677百万円、固定資産除却損559百万円など。特別損失合計2,507百万円。
Dividend forecast revision2025年3月期は中間22.50円、期末22.50円、年間45.00円。修正前予想および修正の有無はNot disclosed。
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

新型コロナウイルスの感染収束に伴う需要回復が一巡し、一部に弱さが見られるものの緩やかな回復基調を維持すると見ている。国内では個人消費とインバウンド需要の回復、海外では個人消費の底堅さを想定している。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Fiscal Year Ended March 2024 Financial Results〔Japanese GAAP〕(Consolidated) | Citizen Watch Co.,Ltd. (7762) timely disclosure | Komori