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

Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Year

The forecasts for net sales, operating profit, ordinary profit and net income for both the second quarter (interim period) and full year of the fiscal year ending March 2027 have been revised upward. The revisions reflect strong sales in the first quarter, recovering demand and a change in the assumed exchange rates.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
33000
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 13 May 2026
Net SalesSecond quarter (interim period)175,500→196,000million
+11.7%
Net SalesFull year362,000→395,000million
+9.1%
Operating profitSecond quarter (interim period)16,500→20,500million
+24.2%
Operating profitFull year34,500→40,500million
+17.4%
Ordinary incomeSecond quarter (interim period)17,500→22,500million
+28.6%
Ordinary incomeFull year37,500→43,500million
+16.0%
Profit attributable to owners of the parentSecond quarter (interim period)13,000→17,000million
+30.8%
Profit attributable to owners of the parentFull year27,500→32,000million
+16.4%
Net income per shareSecond quarter (interim period)53.28→69.67yen and sen
+30.8%
Net income per shareFull year112.71→131.15yen and sen
+16.4%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

The revisions reflect the better-than-expected consolidated results for the first quarter, strong sales in the watch, machine tools and devices businesses, and a change in the assumed exchange rates.

Previous-period resultsSecond quarter (interim period) Net Sales ¥159,250 million; per-share figures in yen and sen / Operating profit ¥12,986 million; per-share figures in yen and sen / Ordinary income ¥16,197 million; per-share figures in yen and sen / Interim net income attributable to owners of the parent ¥11,880 million; per-share figures in yen and sen / Interim net income per share ¥48.70 million; per-share figures in yen and sen / Full year Net Sales ¥346,808 million; per-share figures in yen and sen / Operating profit ¥30,250 million; per-share figures in yen and sen / Ordinary income ¥38,456 million; per-share figures in yen and sen / Profit attributable to owners of the parent ¥31,100 million; per-share figures in yen and sen / Net income per share ¥127.48 million; per-share figures in yen and sen
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 175,500 / Full year 362,000 → Second quarter (interim period) 196,000 / Full year 395,000(Second quarter (interim period) 11.7% / Full year 9.1%)
Operating profitSecond quarter (interim period) 16,500 / Full year 34,500 → Second quarter (interim period) 20,500 / Full year 40,500(Second quarter (interim period) 24.2% / Full year 17.4%)
Ordinary incomeSecond quarter (interim period) 17,500 / Full year 37,500 → Second quarter (interim period) 22,500 / Full year 43,500(Second quarter (interim period) 28.6% / Full year 16.0%)
Profit attributable to owners of the parentSecond quarter (interim period) 13,000 / Full year 27,500 → Second quarter (interim period) 17,000 / Full year 32,000(Second quarter (interim period) 30.8% / Full year 16.4%)
Net income per shareSecond quarter (interim period) 53.28 / Full year 112.71 → Second quarter (interim period) 69.67 / Full year 131.15
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecast13 May 2026
Previous-period resultsSecond quarter (interim period) Net Sales ¥159,250 million; per-share figures in yen and sen / Operating profit ¥12,986 million; per-share figures in yen and sen / Ordinary income ¥16,197 million; per-share figures in yen and sen / Interim net income attributable to owners of the parent ¥11,880 million; per-share figures in yen and sen / Interim net income per share ¥48.70 million; per-share figures in yen and sen / Full year Net Sales ¥346,808 million; per-share figures in yen and sen / Operating profit ¥30,250 million; per-share figures in yen and sen / Ordinary income ¥38,456 million; per-share figures in yen and sen / Profit attributable to owners of the parent ¥31,100 million; per-share figures in yen and sen / Net income per share ¥127.48 million; per-share figures in yen and sen
Reason for the revisionThe revisions reflect the better-than-expected consolidated results for the first quarter, strong sales in the watch, machine tools and devices businesses, and a change in the assumed exchange rates.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Sales in the watch, machine tools and devices businesses have remained strong, exceeding plan. Sales of branded products in North America, mechanical movements, capital equipment related to semiconductor demand and products such as photo printers were strong, and the change in assumed exchange rates was also reflected.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Consolidated Earnings Forecasts for the Second Quarter (Interim Period) and Full Year | Citizen Watch Co.,Ltd. (7762) timely disclosure | Komori