Consolidated Financial Results
for the Fiscal Year Ended MARCH 31, 2024
(Under Japanese GAAP)May 14, 2024
Company name:
SEIKO GROUP CORPORATION
Securities code:
8050
URL: https://www.seiko.co.jp/en/
Representative:
Shuji Takahashi, President
Inquiries:
Masanobu Minami, General Manager, Accounting Department
Scheduled date of annual general meeting of shareholders:June 27, 2024
Scheduled date to commence dividend payments:
June 28, 2024
Scheduled date to file annual securities report:
June 27, 2024 (in Japanese)
Preparation of supplementary material on financial results:
Available
Holding of financial results briefing:
Scheduled (for institutional investors and analysts)

Listing: Tokyo

Telephone: +81-3-3563-2111(Yen amounts are rounded down to millions, unless otherwise noted.)
1. Consolidated financial results for the fiscal year ended March 31, 2024 (from April 1, 2023 to March 31, 2024)(1) Consolidated operating results
Net sales
Fiscal year ended
March 31, 2024
March 31, 2023
Note: Comprehensive income

Operating profit

Millions of yen%
276,807
6.3
14,737
260,504
9.7
11,233For the fiscal year ended March 31, 2024:
For the fiscal year ended March 31, 2023:

%
31.2
28.1
\\

Millions of yen

Basic earnings
Diluted earnings
per shareper share
Yen
Yen
Fiscal year ended
244.33
March 31, 2024
121.86121.86
March 31, 2023
Reference:
Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2024:
For the fiscal year ended March 31, 2023:( Percentages indicate year-on-year changes.)
Profit attributable toowners of parent
Millions of yen
Millions of yen%%
15,89442.3
10,051
99.9
11,16712.4
5,028(21.6)
24,158 million[ 92.1 %]
12,576 million[ 5.9 %]
Ordinary profit

Ratio of ordinary
profit to total assets
%%
7.2
4.3
4.0
3.3

Return on equity

Ratio of operating
profit to net sales
%
5.3
4.3

1,389 million
1,224 million\\(2) Consolidated financial position
As ofMarch 31, 2024
March 31, 2023
Reference: Equity

Total assets
Net assets
Millions of yen
Millions of yen
376,262
151,334
355,915
131,748\As of March 31, 2024:\As of March 31, 2023:

Equity-to-asset ratio

149,100 million
129,792 million%
39.6
36.5

Net assets per share

Yen
3,657.61
3,144.81(3) Consolidated cash flows

Fiscal year ended
March 31, 2024
March 31, 2023

Cash flows fromoperating activities
Millions of yen
32,726
9,261

Cash flows frominvesting activities
Millions of yen(15,095)(15,535)

Cash flows from
Cash and cash equivalents
financing activities
at end of period
Millions of yen
Millions of yen(23,017)
32,683
10,56436,2092. Cash dividends
Total cash
dividends(Total)Annual dividends per shareFirstquarter-end

Fiscal year ended

Yen

Secondquarter-end

Yen

Third
quarter-end

Yen

Fiscalyear-end

Total

Payout ratio(Consolidated)

Ratio ofdividends tonet assets(Consolidated)

Yen

Yen

Millions of yen%%March 31, 2023

-

37.50

-

37.50

75.00

3,100

61.5

2.5

March 31, 2024

-

37.50

-

42.50

80.00

3,307

32.7

2.4

-

45.00

-

45.00

90.00

Fiscal year ended
Fiscal year ending
March 31, 2025

(Forecast)

33.4

3. Consolidated financial forecast for the fiscal year ending March 31, 2025 (From April 1, 2024 to March 31, 2025)
Net sales
Fiscal year ending
March 31, 2025

Millions of yen

300,000

Operating profit%
8.4

Millions of yen

17,000%15.3

Ordinary profit
Millions of yen

17,000( Percentages indicate year-on-year changes.)
Profit attributable to
Basic earnings
owners of parent
per share% Millions of yen
11,000
7.0

%
9.4

Yen
269.84